NOT LISTED FOR SALE

503 King Farm Blvd Unit 103 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $437,352 - $486,000

2 Beds
2 Baths
1,348 Sq Ft
$421/mo HOA Fee

Last Sold October 05, 2018

Last sale price $362,410 $269 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,341/month

11 Days on Market

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Tennis Courts
  • Colonial Architecture
  • Community Pool
  • Community Center

About This Home

As of October 2018

Right size your life in King Farm Main level living in luxury secure bldg. Open floor plan full Handicap accessibility with style! New Neutral paint & carpet! Owner's bath tastefully remodeled in 2014! Maple kitchen w/ laminate floor open to living,dining area w/sliding door to H/A private patio w/ ramp. Features,wood blinds Hot water Heater 2017 gas fireplace upgraded ceiling fans Laundry Room.

Last Agent to Sell the Property

Alecia Scott

Long & Foster Real Estate, Inc. License #RS-0039610 Listed on: 09/05/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Delia McCormick

Washington Fine Properties, LLC License #510027

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,301

Year Built

  • Built in 2004

Lot Details

  • Property is in very good condition

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,348 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Six Panel Doors
  • Dining Area
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Grab Bars
  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more
  • Ramp on the main level
  • Entry thresholds less than 5/8 inches

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 160403434913
  • $171 Front Foot Fee per year

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), recreation facility, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Built by BOZZUTTO
  • King Farm Subdivision, Emerson Floorplan
  • King Farm Four C Community
  • The community has rules related to moving in times

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,301

Year Built

Built in 2004

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Ramp - Main Level, 32"+ Wide Doors, Grab Bars Mod, 48"+ Halls, Elevator, Roll-In Shower, Thresholds <5/8"
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Remarks Public: Right size your life in King Farm Main level living in luxury secure bldg. Open floor plan full Handicap accessibility with style! New Neutral paint & carpet! Owner's bath tastefully remodeled in 2014! Maple kitchen w/ laminate floor open to living,dining area w/sliding door to H/A private patio w/ ramp. Features,wood blinds Hot water Heater 2017 gas fireplace upgraded ceiling fans Laundry Room.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Washer, Refrigerator
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Floor Plan - Open
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1348
  • Living Area Sq Ft: 1348
  • Price Per Sq Ft: 259.57
  • Above Grade Finished Sq Ft: 1348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

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
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 421.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Elevator, Common Grounds, Pool - Outdoor, Swimming Pool, Tennis Courts, Bike Trail, Community Center, Jog/Walk Path, Party Room, Recreational Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Elevator Use, Moving In Times, Moving Fees Required
  • HOA: No
  • Senior Community: No

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
  • School District Key: 121138126809
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Improvement Assessed Value: 224000.00
  • Land Assessed Value: 96000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: CPD1
  • In City Limits: Yes

Building Info

  • Builder Name: BOZZUTTO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14093039
  • Tax Annual Amount: 4300.83
  • Assessor Parcel Number: 160403434913
  • Tax Total Finished Sq Ft: 1348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/05/2018

Multi Family

  • Front Foot Fee: 170.56

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Burnside Living Trust and Burnside Diane
Bought by
Burnside William H
Current Estimated Value
$462,088

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 5, 2018
Sold by
Ibrahim Shawki S and Ibrahim Katy G
Bought by
Burnside Waldo H and Burnside Jean
Seller's Agent
Alecia Scott
Long & Foster Real Estate, Inc.
Buyer's Agent
Delia McCormick
Washington Fine Properties, LLC
List Price
$349,900
Sold Price
$362,410
Premium/Discount to List
$12,510
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
May 11, 2005
Sold by
Ibrahim Shawki S
Bought by
Ibrahim Shawki S Et Al Tr

Purchase Details

Closed on
Sep 14, 2004
Sold by
Canyon Ventures Llc
Bought by
Ibrahim Shawki S
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
Burnside William H -- Pinnacle Title
Burnside Waldo H $362,410 Pinnacle Title & Escrow Inc
Ibrahim Shawki S Et Al Tr -- --
Ibrahim Shawki S Et Al Tr -- --
Ibrahim Shawki S $343,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $362,410 +3.6% $269 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $349,900 -- $260 / 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 $4,882 $366,667 -- --
2024 $4,882 $363,333 $0 $0
2023 $0 $360,000 $108,000 $252,000
2022 $4,682 $346,667 $0 $0
2021 $0 $333,333 $0 $0
2020 $0 $320,000 $96,000 $224,000
2019 $4,311 $316,667 $0 $0
2018 $4,290 $313,333 $0 $0
2017 $4,286 $310,000 $0 $0
2016 $4,284 $303,333 $0 $0
2015 $4,284 $296,667 $0 $0
2014 $4,284 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002497784

Bright MLS

APN: 04-03434913