NOT LISTED FOR SALE

502 King Farm Blvd Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $474,000 - $550,000

2 Beds
2 Baths
1,464 Sq Ft
$490/mo HOA Fee

Last Sold June 30, 2022

Last sale price $459,000 $314 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,620/month

Highlights

  • Scenic Views
  • Traditional Floor Plan
  • Wood Flooring
  • Colonial Architecture
  • Backs to Trees or Woods
  • Community Pool

About This Home

As of June 2022

Welcome to your new condo home with its own private garage in the sought-after King Farm area. Freshly painted with new flooring throughout the 1,400+ square foot condo in this elevator building. Notice that you have a private garage on the entry level with access from the hallway and a parking space behind the garage door for your second car. This condo has 2 Bedrooms and 2 full Baths, an oversized Living Room, and full-size Kitchen with Family Room. The Primary Bedroom has plenty of closet space and a full-size Primary Bathroom. The second Bedroom has easy access to the second full-size Bathroom. Of course. The laundry closet has new full-size side by side washer and dryer units. Conveniently located in the King Farm community within walking distance of restaurants, shops, Safeway, and METRO @ Shady Grove Station. Use of all community recreation areas and pools are included in the condo fee. DON'T HESITATE!!

Last Agent to Sell the Property

Bob Graves

Long & Foster Real Estate, Inc. License #51253 Listed on: 04/21/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dominique Rychlik

Compass License #525224

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 2001

Lot Details

  • Backs To Open Common Area
  • 1 Common Wall
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 1 Off-Street Space
  • Assigned parking located at #D-in front of garage door
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener
  • Parking Lot
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Property has 4 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Scenic Vista Views

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Low Pile Carpeting

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403350117
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • King Farm Baileys Common Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,489

Year Built

Built in 2001

Lot Details

0

HOA Fees

$490 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator, Low Pile Carpeting
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Garage 'D' unit also conveys
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Assigned Parking Space Numbers: D-in front of garage door
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new condo home with its own private garage in the sought-after King Farm area. Freshly painted with new flooring throughout the 1,400+ square foot condo in this elevator building. Notice that you have a private garage on the entry level with access from the hallway and a parking space behind the garage door for your second car. This condo has 2 Bedrooms and 2 full Baths, an oversized Living Room, and full-size Kitchen with Family Room. The Primary Bedroom has plenty of closet space and a full-size Primary Bathroom. The second Bedroom has easy access to the second full-size Bathroom. Of course. The laundry closet has new full-size side by side washer and dryer units. Conveniently located in the King Farm community within walking distance of restaurants, shops, Safeway, and METRO @ Shady Grove Station. Use of all community recreation areas and pools are included in the condo fee. DON'T HESITATE!!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Wood, Luxury Vinyl Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Elevator, Formal/Separate Dining Room, Kitchen - Country, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit, Hookup
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 320.97
  • Above Grade Finished Sq Ft: 1464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Street Lights, Tennis Court(s)
  • Road Surface Type: Black Top
  • Spa: No
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Assigned, Lighted Parking, Paved Driveway, Parking Space Conveys, Paved Parking, Surface
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Parking Lot, Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 489.76
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSEMONT
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 231000.00
  • Land Assessed Value: 99000.00
  • Land Use Code: U
  • Lot Features: Backs To Trees, Backs - Open Common Area, Interior, Landscaping, Level
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14085672
  • Tax Annual Amount: 4489.00
  • Assessor Parcel Number: 160403350117
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/30/2022

Multi Family

  • Front Foot Fee: 164.84

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 29, 2022
Sold by
Dariani Maleehe E
Bought by
Interdonato Danielle
Seller's Agent
Bob Graves
Long & Foster Real Estate, Inc.
Buyer's Agent
Dominique Rychlik
Compass
List Price
$479,000
Sold Price
$459,000
Premium/Discount to List
-$20,000
-4.18%
Current Estimated Value
$507,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,592
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Oct 6, 2006
Sold by
Dariani Amir
Bought by
Dariani Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
8.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 31, 2006
Sold by
Dariani Amir
Bought by
Dariani Amir

Purchase Details

Closed on
Oct 30, 2001
Sold by
King Farm Partners Two Limited
Bought by
Dariani Amir
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Interdonato Danielle $459,000 Westcor Land Title
Interdonato Danielle $459,000 Westcor Land Title
Dariani Amir -- --
Dariani Amir -- --
Dariani Amir $179,222 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dariani Amir $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $459,000 -2.3% $314 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $469,900 -1.9% $321 / Sq Ft
04/21/2022 04/21/22 For Sale $479,000 -- $327 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $5,103 $403,333 -- --
2024 $5,103 $366,667 $0 $0
2023 $5,285 $330,000 $99,000 $231,000
2022 $3,780 $330,000 $99,000 $231,000
2021 $7,595 $330,000 $99,000 $231,000
2020 $7,593 $330,000 $99,000 $231,000
2019 $3,797 $330,000 $99,000 $231,000
2018 $4,299 $330,000 $99,000 $231,000
2017 $3,777 $330,000 $0 $0
2016 -- $316,667 $0 $0
2015 $3,591 $303,333 $0 $0
2014 $3,591 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Graves

    Seller's Agent in 2022

    Bob Graves

    Long & Foster

    (301) 538-9337

    2 in this area

    62 Total Sales

    Bob Graves
    Section Image
  • Dominique Rychlik

    Buyer's Agent in 2022

    Dominique Rychlik

    Compass

    (301) 580-0934

    1 in this area

    98 Total Sales

    Dominique Rychlik
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2047632

Bright MLS

APN: 04-03350117

Maryland Montgomery County Rockville 20850 King Farm

502 King Farm Blvd, Rockville, MD

This home is located at 502 King Farm Blvd, Rockville, MD 20850 since 21 April 2022 and is currently estimated at $507,592, approximately $346 per square foot. This property was built in 2001. 502 King Farm Blvd is a home located in Montgomery County with nearby schools including Gaithersburg Middle School, Gaithersburg High School, and St Martin Of Tours School.

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