NOT LISTED FOR SALE

506 New Mark Esplanade Rockville, MD 20850

Central Rockville Neighborhood

Estimated Value: $598,000 - $635,185

3 Beds
3.5 Baths
1,610 Sq Ft
$385/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $575,000 $357 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,154/month

15 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Community Lake
  • Wood Flooring
  • Bayard Rustin Elementary Rated A
  • Backs to Trees or Woods
  • Garden View

About This Home

As of November 2023

NEW PRICE!! WELCOME to 506 NME .FIRST TIME ON THE MARKET IN 45 YEARS! SPACIOUS END UNIT TOWNHOMME FEELS LIKE A SINGLE FAMILY!FRESHLY PAINTED TOP TO BOTTON, POLISHED WOOD FLOORS. NEW LIGHTING AND NEW SS APPLIANCES. MASTER BATH HAS BEEN UPDATED . MANY NEW PLUMBING FEATURES .PRIVATE TERRACE OFF OF DINING ROOM WITH STORAGE SHED. WOOD BURNING FIREPLACE IN LIVING ROOM . MAIN LEVEL BOASTS BEAUTIFUL CROWN MOULDINGS . ADDITIONAL ENTERTAINMENT/FAMILY SPACE WITH WALKOUT LL WITH WALL OF BUILT INS AND NEW LVF FLOOR.. HUGE STORAGE SPACE WITH LAUNDRY ROOM PLUS 3RD FULL BATH.
MANY MID CENTURY MODERN FEATURES TO ENJOY IN THIS BEAUTY.
MAGNIFICENT NEW MARK COMMONS OFFERS A UNIQUE COMMUNITY WITH ACTIVITIES AND SOCIAL EVENTS YEAR AROUND. LIGHTED WALKING PATHS, POOL, TENNIS COURTS, PICKLEBAL, & BASKETBALL TOO. BEAUTIFUL DOGWOOD PARK AND MONUMENT PARK ARE A SHORT STROLL.

COURTS AND A CLUBHOUSE TOO. ENJOY DOGWOOD AND MONUMENT PARKS CLOSE BY. WALK
TO DOWNTOWN ROCKVILEE AND METRO. NEW MARK COMMONS- ONE OF MONTGOMERY COUNTYS BEST KEPT SECRETS!

Last Agent to Sell the Property

Barbara Fagel

(301) 351-5558 barbara.fagel@longandfoster.com Long & Foster Real Estate, Inc. License #SP8368008 Listed on: 09/24/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,842

Year Built

  • Built in 1968

Lot Details

  • 1,844 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Backs to Trees or Woods
  • Historic Home
  • Property is in very good condition

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • 1 Fireplace
  • Screen For Fireplace
  • Sliding Doors
  • Family Room
  • Formal Dining Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 1 Parking Space
  • Parking Space Conveys

Outdoor Features

  • Patio
  • Terrace

Schools

  • Bayard Rustin Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160400241938

Community Details

Overview

  • Association fees include pool(s)
  • New Mark Commons HOA
  • New Mark Commons Subdivision
  • Property Manager
  • Community Lake

Recreation

  • Community Basketball Court
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,842

Year Built

Built in 1968

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Mid-Century Modern
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-24
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Crown Moldings, Formal/Separate Dining Room, Kitchen - Eat-In, Tub Shower, Primary Bath(s), Wood Floors
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Block
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2399
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 357.08
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Sq Ft: 789
  • Total Below Grade Sq Ft: 789
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Roof: Asphalt
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 497.07
  • 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
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 243.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Lake, Jog/Walk Path, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA Name: NEW MARK COMMONS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BAYARD RUSTIN
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • 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: BAYARD RUSTIN
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Privacy, Rear
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1844.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6842.00
  • Assessor Parcel Number: 160400241938
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/03/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Nov 3, 2023
Sold by
Ward George
Bought by
Abtahi Tahmid S
Seller's Agent
Barbara Fagel
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Rollings
EXP Realty, LLC
List Price
$584,900
Sold Price
$575,000
Premium/Discount to List
-$9,900
-1.69%
Views
667
Current Estimated Value
$619,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,796
Avg. Annual Appreciation
3.92%
Original Mortgage
$546,250
Outstanding Balance
$536,703
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$83,093
Source: Public Records

Range of Values:

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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
Abtahi Tahmid S $575,000 Counselors Title
Abtahi Tahmid S $575,000 Counselors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abtahi Tahmid S $546,250
Closed Abtahi Tahmid S $546,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $575,000 0.0% $357 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $574,900 -1.7% $357 / Sq Ft
09/24/2023 09/24/23 For Sale $584,900 -- $363 / 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 $7,459 $536,233 -- --
2024 $7,459 $512,000 $317,600 $194,400
2023 $5,734 $498,500 $0 $0
2022 $5,429 $485,000 $0 $0
2021 $2,638 $471,500 $302,500 $169,000
2020 $5,223 $469,867 $0 $0
2019 $5,906 $468,233 $0 $0
2018 $5,923 $466,600 $275,000 $191,600
2017 $5,803 $451,133 $0 $0
2016 -- $435,667 $0 $0
2015 $1,727 $420,200 $0 $0
2014 $1,727 $419,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barbara Fagel

    Long & Foster

    (301) 351-5558

    5 in this area

    25 Total Sales

    Barbara Fagel
    Section Image
  • Karen Rollings

    Buyer's Agent in 2023

    Karen Rollings

    EXP Realty, LLC

    (301) 924-8200

    3 in this area

    512 Total Sales

    Karen Rollings
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2107120

Bright MLS

APN: 04-00241938

Maryland Montgomery County Rockville 20850 Central Rockville

506 New Mark Esplanade, Rockville, MD

This home is located at 506 New Mark Esplanade, Rockville, MD 20850 since 24 September 2023 and is currently estimated at $619,796, approximately $384 per square foot. This property was built in 1968. 506 New Mark Esplanade is a home located in Montgomery County with nearby schools including Bayard Rustin Elementary, Julius West Middle School, and Richard Montgomery High School.

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