NOT LISTED FOR SALE

503 King Farm Blvd Unit 205 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $549,379 - $580,000

3 Beds
2 Baths
1,729 Sq Ft
$410/mo HOA Fee

Last Sold June 27, 2016

Last sale price $450,000 $260 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,922/month

Highlights

  • Eat-In Gourmet Kitchen
  • Traditional Architecture
  • Community Pool
  • Traditional Floor Plan
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2016

This spacious light filled corner unit is spectacular! Entertain in your chef's kitchen w/ white shaker cabinets, super white marble counter tops, huge island & Kitchen Aid appliances including 5-burner gas range. Custom light fixtures & ORB hardware. Hardwood in main living areas, updated carpet in 2nd/3rd BR. Custom closets. Formal DR, Fam Rm off kitchen. Huge Master suite. Don't wait!

Last Agent to Sell the Property

Linda Norman

Compass Listed on: 04/22/2016

Compass

Last Buyer's Agent

Yongsoo Lee

Giant Realty, Inc. License #0225084207

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 2004

Lot Details

  • 915

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,729 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 2
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160403434981
  • $171 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, pool(s), snow removal, reserve funds, water, trash, recreation facility
  • Low-Rise Condominium
  • King Farm Four C Community
  • King Farm Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,988

Year Built

Built in 2004

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2016-04-23
  • Year Built: 2004
  • Remarks Public: This spacious light filled corner unit is spectacular! Entertain in your chef's kitchen w/ white shaker cabinets, super white marble counter tops, huge island & Kitchen Aid appliances including 5-burner gas range. Custom light fixtures & ORB hardware. Hardwood in main living areas, updated carpet in 2nd/3rd BR. Custom closets. Formal DR, Fam Rm off kitchen. Huge Master suite. Don't wait!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Oven/Range - Gas, Refrigerator, Icemaker, Water Heater, Dryer, Washer
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Primary Bath(s), Chair Railings, Crown Moldings, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Double Pane, Insulated
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1729
  • Living Area Sq Ft: 1729
  • Price Per Sq Ft: 270.10
  • Above Grade Finished Sq Ft: 1729
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

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
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Parking Space Number Assigned: 2

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Main Entrance Lock, Sprinkler System - Indoor, Carbon Monoxide Detector(s), Intercom
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 410.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Swimming Pool, Recreational Center, Tennis Courts, Pool - Outdoor, Community Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Pool(s), Snow Removal, Reserve Funds, Water, Trash, Recreation Facility
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Moving In Times
  • 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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 280000.00
  • Land Assessed Value: 120000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14093024
  • Tax Annual Amount: 4988.23
  • Assessor Parcel Number: 160403434981
  • Tax Total Finished Sq Ft: 1729
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/27/2016

Multi Family

  • Front Foot Fee: 170.56
  • Metering: Electric Separate, Gas Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Tengan Kyung Hye
Bought by
Min Kay Kyunghye
Current Estimated Value
$561,095

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 22, 2016
Sold by
Sergi Marisa L
Bought by
Tengan Kyung Hye
Seller's Agent
Linda Norman
Compass
Buyer's Agent
Yongsoo Lee
Giant Realty, Inc.
List Price
$467,000
Sold Price
$450,000
Premium/Discount to List
-$17,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 22, 2013
Sold by
Brown James A
Bought by
Sergi Marisa L
Seller's Agent
Marlon Deausen
Deausen Realty
Buyer's Agent
Karim Fadli
Long & Foster Real Estate, Inc.
List Price
$435,000
Sold Price
$423,500
Premium/Discount to List
-$11,500
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$381,150
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Silverman Joshua
Bought by
Brown James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,233
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2008
Sold by
Silverman Joshua
Bought by
Brown James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,233
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2004
Sold by
Chen Qingrong and Chen Xuan
Bought by
Silverman Joshua and Silverman Brandy
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
Min Kay Kyunghye -- None Listed On Document
Tengan Kyung Hye $450,000 Harbor Point Title Llc
Sergi Marisa L $423,500 District Title
Brown James A $375,000 --
Brown James A $375,000 --
Silverman Joshua $404,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sergi Marisa L $381,150
Previous Owner Brown James A $357,552
Previous Owner Brown James A $368,952
Previous Owner Brown James A $367,233
Previous Owner Brown James A $367,233
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $450,000 -3.6% $260 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $467,000 +10.3% $270 / Sq Ft
11/22/2013 11/22/13 Sold $423,500 -2.6% $245 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $435,000 -- $252 / 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 $6,280 $471,667 -- --
2024 $6,280 $468,333 $0 $0
2023 $3,621 $465,000 $139,500 $325,500
2022 $2,831 $443,333 $0 $0
2021 $3,675 $421,667 $0 $0
2020 $3,675 $400,000 $120,000 $280,000
2019 $3,987 $400,000 $120,000 $280,000
2018 $4,727 $400,000 $120,000 $280,000
2017 $4,669 $400,000 $0 $0
2016 -- $383,333 $0 $0
2015 $3,975 $366,667 $0 $0
2014 $3,975 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Norman

    Seller's Agent in 2016

    Linda Norman

    Compass

    (301) 602-6111

    49 Total Sales

    Linda Norman
    Section Image
  • Yongsoo Lee

    Buyer's Agent in 2016

    Yongsoo Lee

    Giant Realty, Inc.

    (240) 421-1867

    15 Total Sales

    Yongsoo Lee
    Section Image
  • Marlon Deausen

    Seller's Agent in 2013

    Marlon Deausen

    Deausen Realty

    (301) 704-5474

    192 Total Sales

    Marlon Deausen
    Section Image
  • Karim Fadli

    Buyer's Agent in 2013

    Karim Fadli

    Long & Foster

    (301) 343-4818

    54 Total Sales

    Karim Fadli
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002419169

Bright MLS

APN: 04-03434981

Maryland Montgomery County Rockville 20850 King Farm

503 King Farm Blvd Unit 205, Rockville, MD

This home is located at 503 King Farm Blvd Unit 205, Rockville, MD 20850 since 22 April 2016 and is currently estimated at $561,095, approximately $324 per square foot. This property was built in 2004. 503 King Farm Blvd Unit 205 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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