502 King Farm Blvd Rockville, MD 20850
King Farm Neighborhood
3
Beds
2
Baths
1,765
Sq Ft
$442/mo
HOA Fee
Highlights
- Fitness Center
- Rambler Architecture
- Community Pool
- Traditional Floor Plan
- Upgraded Countertops
- 1 Car Detached Garage
About This Home
As of May 2016Enjoy the great views from this top floor corner home with a one car garage and storage unit. Carpet in process of being replaced in living room and dining room. Features include open kitchen overlooking fireplace, separate dining, laundry area, large walk-in closets and new carpet in bedroom. Enjoy panoramic sunset views from balcony. Free Shuttle to Metro, walk to Safeway and Shopping
Last Agent to Sell the Property
RE/MAX Realty Services License #82591 Listed on: 01/27/2012
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,035
Year Built
- Built in 2001
Lot Details
- Property is in very good condition
HOA Fees
- $442 Monthly HOA Fees
Parking
- 1 Car Detached Garage
Home Design
- Rambler Architecture
- Brick Exterior Construction
Interior Spaces
- 1,765 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Ceiling height of 9 feet or more
- Fireplace Mantel
- Gas Fireplace
- Window Treatments
- Dining Area
Kitchen
- Eat-In Kitchen
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 160403350210
Community Details
Overview
- Association fees include management, insurance, recreation facility, reserve funds, sewer, snow removal
- Low-Rise Condominium
- King Farm Village Center Community
- King Farm Baileys Common Subdivision
Amenities
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2016
Closed on
May 24, 2016
Sold by
Ostovari Farhad and Ostovari Fooroogh
Bought by
Friedman Steven and Friedman Linda
Seller's Agent
Mahin Ghadiri
Weichert, REALTORS
Buyer's Agent
Susan Ader
Long & Foster Real Estate, Inc.
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,575
Avg. Annual Appreciation
2.25%
Original Mortgage
$250,000
Outstanding Balance
$194,064
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$371,213
Purchase Details
Listed on
Jan 27, 2012
Closed on
Apr 18, 2012
Sold by
Dancis Norma
Bought by
Ostovari Farhad and Manesh Fooroogh Nasiri
Seller's Agent
Martin Green
RE/MAX Realty Services
Buyer's Agent
Mahin Ghadiri
Weichert, REALTORS
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$345,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2007
Sold by
Dancis Norma
Bought by
Dancis Norma
Purchase Details
Closed on
May 31, 2007
Sold by
Feder Stanley
Bought by
Dancis Norma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2007
Sold by
Feder Stanley
Bought by
Dancis Norma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2001
Sold by
King Farm Partners Two Limited
Bought by
Feder Stanley and Feder Marilyn S
Similar Homes in Rockville, MD
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | Rgs Title Llc | |
| Deed | $395,000 | -- | |
| Deed | -- | -- | |
| Deed | $509,900 | -- | |
| Deed | $509,900 | -- | |
| Deed | $230,706 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $284,900 | New Conventional | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $88,550 | New Conventional | |
| Previous Owner | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $340,000 | Credit Line Revolving | |
| Previous Owner | $340,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2016 05/31/16 | Sold | $460,000 | 0.0% | $261 / Sq Ft |
| 03/02/2016 03/02/16 | Pending | -- | -- | -- |
| 03/02/2016 03/02/16 | For Sale | $460,000 | +16.5% | $261 / Sq Ft |
| 04/05/2012 04/05/12 | Sold | $395,000 | -1.0% | $224 / Sq Ft |
| 02/08/2012 02/08/12 | Pending | -- | -- | -- |
| 01/27/2012 01/27/12 | For Sale | $399,000 | -- | $226 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,035 | $453,333 | -- | -- |
| 2024 | $6,035 | $436,667 | $0 | $0 |
| 2023 | $5,094 | $420,000 | $126,000 | $294,000 |
| 2022 | $5,416 | $420,000 | $126,000 | $294,000 |
| 2021 | $4,963 | $420,000 | $126,000 | $294,000 |
| 2020 | $9,892 | $420,000 | $126,000 | $294,000 |
| 2019 | $4,963 | $420,000 | $126,000 | $294,000 |
| 2018 | $4,993 | $420,000 | $126,000 | $294,000 |
| 2017 | $5,218 | $420,000 | $0 | $0 |
| 2016 | $4,485 | $406,667 | $0 | $0 |
| 2015 | $4,485 | $393,333 | $0 | $0 |
| 2014 | $4,485 | $380,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mahin Ghadiri
Seller's Agent in 2016
Mahin Ghadiri
Weichert Corporate
(301) 996-2266
3 in this area
53 Total Sales
-
Susan Ader
Buyer's Agent in 2016
Susan Ader
Long & Foster
(301) 996-1776
26 Total Sales
-
Martin Green
Seller's Agent in 2012
Martin Green
RE/MAX
(301) 802-4841
8 in this area
10 Total Sales
Map
Source: Bright MLS
MLS Number: 1003832202
APN: 04-03350210
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