NOT LISTED FOR SALE

503 King Farm Blvd Unit 305 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $536,912 - $555,000

3 Beds
2 Baths
1,729 Sq Ft
$428/mo HOA Fee

Last Sold June 03, 2021

Last sale price $445,000 $257 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,856/month

Highlights

  • Penthouse
  • Community Basketball Court
  • Picnic Area
  • Community Pool
  • Living Room
  • Central Heating and Cooling System

About This Home

As of June 2021

THE LUXURY BIG CONDO WITH 3 BR, 2 FB AND 1725 SF LIVING AREA ON 3RD FLOOR AND AT THE QUIET CORNER OF THE BUILDING WITH OPEN AND NICE VIEW. REMODELED GOURMET KITCHEN WITH GRANITE COUNTER TOP AND STAINLESS STEEL APPLIANCES IN 2013. NEW VINYL HARDWOOD FLOOR AND FRESH PAINTING THROUGHOUT THE  WHOLE HOUSE. WALK TO SHADY GROVE METRO, POOL, SPORTS COURT, PARK AND SHOPPING CENTER AND MANY RESTAURANTS. COMMUNITY SERVED WITH SHUTTLE BUS. CLOSE TO RT 355, I-270, 370 AND 200. SENTRILOCK BOX IS ON THE RAILING IN BACK DOOR OF THE BUILDING.

Last Agent to Sell the Property

Yili Zhang

Metrostar Realty, LLC License #0225036806 Listed on: 04/16/2021

Last Buyer's Agent

steven weisman

RLAH @properties License #SP200201216

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,391

Year Built

  • Built in 2004 | Remodeled in 2013

Lot Details

  • 915

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,729 Sq Ft Home
  • Property has 4 Levels
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160403435063
  • $171 Front Foot Fee per year

Community Details

Overview

  • Association fees include insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, parking fee, pool(s), sewer, snow removal, trash, water
  • Low-Rise Condominium
  • King Farm Four C Community
  • King Farm Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,391

Year Built

Built in 2004 | Remodeled in 2013

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-16
  • Year Built: 2004
  • Year Renovated: 2013
  • Automatically Close On Close Date: Yes
  • Remarks Public: THE LUXURY BIG CONDO WITH 3 BR, 2 FB AND 1725 SF LIVING AREA ON 3RD FLOOR AND AT THE QUIET CORNER OF THE BUILDING WITH OPEN AND NICE VIEW. REMODELED GOURMET KITCHEN WITH GRANITE COUNTER TOP AND STAINLESS STEEL APPLIANCES IN 2013. NEW VINYL HARDWOOD FLOOR AND FRESH PAINTING THROUGHOUT THE  WHOLE HOUSE. WALK TO SHADY GROVE METRO, POOL, SPORTS COURT, PARK AND SHOPPING CENTER AND MANY RESTAURANTS. COMMUNITY SERVED WITH SHUTTLE BUS. CLOSE TO RT 355, I-270, 370 AND 200. SENTRILOCK BOX IS ON THE RAILING IN BACK DOOR OF THE BUILDING.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 1729
  • Living Area Sq Ft: 1729
  • Price Per Sq Ft: 263.74
  • 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, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 428.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Elevator, Picnic Area, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Parking Fee, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 325500.00
  • Land Assessed Value: 139500.00
  • Land Use Code: 011
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CPD1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14093032
  • Tax Annual Amount: 5391.00
  • Assessor Parcel Number: 160403435063
  • Tax Total Finished Sq Ft: 1729
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/03/2021

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

Listed on
Apr 16, 2021
Closed on
Jun 3, 2021
Sold by
Zhang Yili
Bought by
Fishman Lois J and Lois J Fishman Living Trust
Seller's Agent
Yili Zhang
Metrostar Realty, LLC
Buyer's Agent
steven weisman
RLAH @properties
List Price
$456,000
Sold Price
$445,000
Premium/Discount to List
-$11,000
-2.41%
Current Estimated Value
$545,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,228
Avg. Annual Appreciation
4.16%
Original Mortgage
$301,000
Outstanding Balance
$273,111
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$256,742

Purchase Details

Listed on
Apr 25, 2012
Closed on
May 21, 2012
Sold by
Lin Kueichih K
Bought by
Zhang Yili
Seller's Agent
Lee-Jin Lin
Evergreen Properties
Buyer's Agent
Yili Zhang
Metrostar Realty, LLC
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%

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%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Tong Chen Su Hua
Bought by
Lin Kueichih K

Purchase Details

Closed on
Sep 2, 2004
Sold by
Ba King Four Llc
Bought by
Tong Chen Su Hua
Source: Public Records

Range of Values:

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Average Value
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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
Fishman Lois J $430,000 First Class Title Inc
Zhang Yili $360,000 Title One & Escrow Inc
Lin Kueichih K -- --
Lin Kueichih K -- --
Tong Chen Su Hua $299,335 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishman Lois J $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $445,000 -2.4% $257 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $456,000 +26.7% $264 / Sq Ft
05/10/2012 05/10/12 Sold $360,000 -2.4% $209 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $369,000 -- $214 / 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 $5,514 $465,000 $139,500 $325,500
2022 $5,237 $443,333 $0 $0
2021 $10,217 $421,667 $0 $0
2020 $9,366 $400,000 $120,000 $280,000
2019 $4,699 $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 $4,667 $366,667 $0 $0
2014 $4,667 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    Yili Zhang

    Metrostar Realty, LLC

    (202) 321-8558

    1 in this area

    6 Total Sales

    Yili Zhang
    Section Image
  • steven weisman

    Buyer's Agent in 2021

    steven weisman

    Real Living at Home

    (301) 503-4750

    3 in this area

    37 Total Sales

    steven weisman
    Section Image
  • Lee-Jin Lin

    Seller's Agent in 2012

    Lee-Jin Lin

    Evergreen Properties

    (301) 674-7776

    4 in this area

    28 Total Sales

    Lee-Jin Lin
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC751988

Bright MLS

APN: 04-03435063

Maryland Montgomery County Rockville 20850 King Farm

503 King Farm Blvd Unit 305, Rockville, MD

This home is located at 503 King Farm Blvd Unit 305, Rockville, MD 20850 since 16 April 2021 and is currently estimated at $545,228, approximately $315 per square foot. This property was built in 2004. 503 King Farm Blvd Unit 305 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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