NOT LISTED FOR SALE

502 King Farm Blvd Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $538,000 - $638,713

3 Beds
2 Baths
1,722 Sq Ft
$511/mo HOA Fee

Last Sold October 14, 2022

Last sale price $590,000 $343 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,160/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Community Pool
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Tennis Courts

About This Home

As of October 2022

The one you have been waiting for. A true 3-Bedroom, 2-Full Bath 3rd Floor condo, this unit is a rarity. It also has a private Garage (C) on the main level with direct lobby access, plus a double size storage unit (#2) on the main level. Freshly painted with new carpet, new Stainless Steel appliances, LVP Bathroom Floors. Another great feature is that all bedrooms have Closet Organizers. The condo '301". Garage 'C' and Storage Room '2' are all separately deeded with individual tax accounts. Located in sought after King Farm subdivision of Rockville, you have walkability to shopping such as Safeway and Starbucks, plus restaurants, numerous stores and Shady Grove METRO is within walking distance or Community Shuttle Bus. Also, two community pools, tennis courts, clubhouse, park areas, baseball fields, tennis courts and much more. A 'Community Bus Shuttle' runs through the community allowing you easy access to everything. Major transportation routes include Route 355/Rockville Pike, I-270, ICC/200 connects to I-95. Literally 15 minutes from such sought after shopping areas as Crown, Rio, Rockville Town Center, Bethesda and even Tysons Corner. You pay for electric and natural gas (Cooking), Water/Sewer is included in the Condo Fee. DO NOT WAIT TO SEE THIS OPEN HOUSE SUNDAY SEPTEMBER 11TH 1-4PM..

Last Agent to Sell the Property

Bob Graves

Long & Foster Real Estate, Inc. License #51253 Listed on: 09/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Traudel Lange

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 2001

Lot Details

  • 1 Common Wall
  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Off-Street Space
  • Assigned parking located at #2C
  • Side Facing Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

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

Interior Spaces

  • 1,722 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Front Loading Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 150 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160403350083
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, fiber optics available, lawn maintenance, management, pool(s), reserve funds, road maintenance, sewer, snow removal, trash, water
  • 24 Units
  • Low-Rise Condominium
  • King Farm Two Condominium Phase II Condos, Phone Number (301) 654-5107
  • King Farm Subdivision
  • Property Manager

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,934

Year Built

Built in 2001

Lot Details

0

HOA Fees

$511 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, Level Entry - Main, Low Pile Carpeting
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: New Stainless Steel Appliances Refrigerator/ice maker, Dishwasher, Gas Range, Microwave, HVAC system in unit
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-09-08
  • Federal Flood Zone: No
  • Year Built: 2001
  • Assigned Parking Space Numbers: 2C
  • Automatically Close On Close Date: No
  • Remarks Public: The one you have been waiting for. A true 3-Bedroom, 2-Full Bath 3rd Floor condo, this unit is a rarity. It also has a private Garage (C) on the main level with direct lobby access, plus a double size storage unit (#2) on the main level. Freshly painted with new carpet, new Stainless Steel appliances, LVP Bathroom Floors. Another great feature is that all bedrooms have Closet Organizers. The condo '301". Garage 'C' and Storage Room '2' are all separately deeded with individual tax accounts. Located in sought after King Farm subdivision of Rockville, you have walkability to shopping such as Safeway and Starbucks, plus restaurants, numerous stores and Shady Grove METRO is within walking distance or Community Shuttle Bus. Also, two community pools, tennis courts, clubhouse, park areas, baseball fields, tennis courts and much more. A 'Community Bus Shuttle' runs through the community allowing you easy access to everything. Major transportation routes include Route 355/Rockville Pike, I-270, ICC/200 connects to I-95. Literally 15 minutes from such sought after shopping areas as Crown, Rio, Rockville Town Center, Bethesda and even Tysons Corner. You pay for electric and natural gas (Cooking), Water/Sewer is included in the Condo Fee. DO NOT WAIT TO SEE THIS OPEN HOUSE SUNDAY SEPTEMBER 11TH 1-4PM..
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Common Walls: 1 Common Wall
  • Door Features: Six Panel
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Storage Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1722
  • Living Area Sq Ft: 1722
  • Price Per Sq Ft: 330.95
  • Above Grade Finished Sq Ft: 1722
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Roof: Composite
  • 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: Assigned
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic, Cable, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 511.11
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: King Farm Two Condominium Phase II
  • Condo Co-Op Phone: 3016545107
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Fiber Optics Available, Lawn Maintenance, Management, Pool(s), 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

Fee Information

  • Loss Mitigation Fee?: No
  • 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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 325500.00
  • Land Assessed Value: 139500.00
  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CPD1
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14085669
  • Tax Annual Amount: 5934.00
  • Assessor Parcel Number: 160403350083
  • Tax Total Finished Sq Ft: 1722
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/14/2022

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
Sep 7, 2022
Closed on
Oct 14, 2022
Sold by
Dariani Keenan Fatema
Bought by
Shapiro Family Trust
Seller's Agent
Bob Graves
Long & Foster Real Estate, Inc.
Buyer's Agent
Traudel Lange
Compass
List Price
$569,900
Sold Price
$590,000
Premium/Discount to List
$20,100
3.53%
Views
3
Current Estimated Value
$579,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,572
Avg. Annual Appreciation
-1.56%

Purchase Details

Closed on
Mar 11, 2021
Sold by
Dariani Maleehe E
Bought by
Keenan Fatema Dariani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,200
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Feierstein Saul
Bought by
Dariani Maleehe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Feierstein Saul
Bought by
Dariani Maleehe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
Feierstein Saul
Bought by
Feierstein Saul and Feierstein Rita C

Purchase Details

Closed on
Sep 21, 2001
Sold by
King Farm Partners Two Limited
Bought by
Feierstein Saul
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
Shapiro Family Trust $590,000 Westcor Land Title
Keenan Fatema Dariani $152,020 None Listed On Document
Dariani Maleehe E $444,000 --
Dariani Maleehe E $444,000 --
Feierstein Saul -- --
Feierstein Saul $221,373 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keenan Fatema Dariani $312,200
Previous Owner Dariani Maleehe E $355,200
Previous Owner Dariani Maleehe E $355,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $590,000 +3.5% $343 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $569,900 0.0% $331 / Sq Ft
08/20/2014 08/20/14 Rented $2,300 -4.2% --
08/15/2014 08/15/14 Under Contract -- -- --
07/28/2014 07/28/14 For Rent $2,400 -- --
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 $6,745 $515,000 -- --
2024 $6,745 $490,000 $0 $0
2023 $7,075 $465,000 $139,500 $325,500
2022 $5,242 $443,333 $0 $0
2021 $9,970 $421,667 $0 $0
2020 $9,407 $400,000 $120,000 $280,000
2019 $4,704 $400,000 $120,000 $280,000
2018 $5,211 $400,000 $120,000 $280,000
2017 $4,719 $400,000 $0 $0
2016 -- $386,667 $0 $0
2015 $4,230 $373,333 $0 $0
2014 $4,230 $360,000 $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
  • Traudel Lange

    Buyer's Agent in 2022

    Traudel Lange

    Compass

    (240) 463-6918

    1 in this area

    78 Total Sales

    Traudel Lange
    Section Image

  • D

    Seller's Agent in 2014

    Debra Infanti

    Compass

    Section Image

  • C

    Buyer's Agent in 2014

    Cheryl Combs

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2067892

Bright MLS

APN: 04-03350083

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 07 September 2022 and is currently estimated at $579,428, approximately $336 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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