NOT LISTED FOR SALE

507 Park Rd Rockville, MD 20850

Croydon Park Neighborhood

Estimated Value: $385,000 - $407,000

2 Beds
1 Bath
851 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $275,000 $323 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,570/month

7 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • 4-minute walk to Croydon Park
  • Maryvale Elementary School Rated A-

About This Home

As of November 2021

This home is located at 507 Park Rd, Rockville, MD 20850 since 21 September 2021 and is currently estimated at $396,356, approximately $465 per square foot. This property was built in 1956. 507 Park Rd is a home located in Montgomery County with nearby schools including Maryvale Elementary School, Earle B. Wood Middle School, and Rockville High School.

Last Agent to Sell the Property

Henry Wright

Gerlach real estate, inc. License #319696 Listed on: 09/21/2021

Last Buyer's Agent

Henry Wright

Gerlach real estate, inc. License #319696 Listed on: 09/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1956

Lot Details

  • 5,360 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Bungalow
  • Slab Foundation

Interior Spaces

  • 851 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Community Details

  • No Home Owners Association
  • Harriett Park Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 160400170408

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,346

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 851
  • Living Area Sq Ft: 851
  • Price Per Sq Ft: 282.02
  • Above Grade Finished Sq Ft: 851
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Refuse: 497.07
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

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: 60800.00
  • Land Assessed Value: 215700.00
  • Land Use Code: 011
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5360.00
  • Year Assessed: 2021
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13817418
  • Tax Annual Amount: 4346.00
  • Assessor Parcel Number: 160400170408
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 851
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/03/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 3, 2021
Sold by
Davidson Robin and Estate Of Arthur M Davidson
Bought by
Pang Bo and Wu Victor
Seller's Agent
Henry Wright
Gerlach real estate, inc.
Buyer's Agent
Henry Wright
Gerlach real estate, inc.
List Price
$240,000
Sold Price
$275,000
Premium/Discount to List
$35,000
14.58%
Current Estimated Value
$396,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,356
Avg. Annual Appreciation
9.74%
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
Pang Bo $275,000 Acer Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Arthur Mcmillian $111,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $275,000 +14.6% $323 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $240,000 -- $282 / 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 $4,970 $330,733 -- --
2024 $4,970 $319,267 $0 $0
2023 $4,060 $307,800 $237,300 $70,500
2022 $3,800 $297,367 $0 $0
2021 $3,654 $286,933 $0 $0
2020 $3,487 $276,500 $215,700 $60,800
2019 $3,409 $270,400 $0 $0
2018 $3,354 $264,300 $0 $0
2017 $3,254 $258,200 $0 $0
2016 -- $250,267 $0 $0
2015 $2,478 $242,333 $0 $0
2014 $2,478 $234,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Henry Wright

    Gerlach real estate, inc.

    (301) 332-1213

    1 in this area

    12 Total Sales

    Henry Wright
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2017332

Bright MLS

APN: 04-00170408

Maryland Montgomery County Rockville 20850 Croydon Park

507 Park Rd, Rockville, MD

This home is located at 507 Park Rd, Rockville, MD 20850 since 21 September 2021 and is currently estimated at $396,356, approximately $465 per square foot. This property was built in 1956. 507 Park Rd is a home located in Montgomery County with nearby schools including Maryvale Elementary School, Earle B. Wood Middle School, and Rockville High School.

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