Seller's Agent in 2025
Daniel Love
Holton Hills Realty LLC
(301) 363-0340
3 in this area
18 Total Sales
531 Lawson Way Unit 108 Rockville, MD 20850
King Farm Neighborhood
2
Beds
2
Baths
1,322
Sq Ft
$439/mo
HOA Fee
Highlights
- Fitness Center
- Community Pool
- Community Center
- Contemporary Architecture
- Tennis Courts
- Fireplace
About This Home
As of July 2025Huge price reduction! Gorgeous ground floor 2BR, 2BA in highly sought after King Farm community. Open floor plan, 9' ceilings, recessed lights, fireplace, patio, free shuttle to Shady Grove Metro, steps to all that King Farm has to offer (shops, restaurants, pools, basketball courts, and more). Additional, easy parking in back of building.
Last Agent to Sell the Property
Realty Advantage of Maryland LLC Listed on: 09/23/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,710
Year Built
- Built in 2001
HOA Fees
- $439 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 1,322 Sq Ft Home
- Property has 1 Level
- Fireplace
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Off-Street Parking
- Rented or Permit Required
- Unassigned Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 160403357984
- $165 Front Foot Fee per year
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, trash
- Low-Rise Condominium
- King Farm Subdivision
Amenities
- Common Area
- Community Center
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2025
Closed on
Jul 10, 2025
Sold by
Mcnorial Wendy
Bought by
Eklund Nhi
Seller's Agent
Daniel Love
Holton Hills Realty LLC
Buyer's Agent
Sven Skarie
Real Broker, LLC - Annapolis
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Views
104
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$190,000
Outstanding Balance
$189,583
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$244,929
Purchase Details
Closed on
Mar 17, 2008
Sold by
Shortledge Thomas E
Bought by
Dogbe Kokouvi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2008
Sold by
Shortledge Thomas E
Bought by
Dogbe Kokouvi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 7, 2005
Sold by
French Robert E
Bought by
Shortledge Thomas E and Shortledge Elizabeth
Purchase Details
Closed on
Mar 31, 2005
Sold by
French Robert E
Bought by
Shortledge Thomas E and Shortledge Elizabeth
Purchase Details
Closed on
Dec 28, 2001
Sold by
King Partners Two Ltd Ptnshp
Bought by
French Robert E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $430,000 | Results Title | |
| Deed | $430,000 | Results Title | |
| Deed | $330,000 | -- | |
| Deed | $330,000 | -- | |
| Deed | $347,000 | -- | |
| Deed | $347,000 | -- | |
| Deed | $162,758 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Closed | $190,000 | New Conventional | |
| Previous Owner | $214,500 | Purchase Money Mortgage | |
| Previous Owner | $214,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $430,000 | -4.2% | $325 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 03/30/2025 03/30/25 | For Sale | $449,000 | +26.5% | $340 / Sq Ft |
| 01/14/2022 01/14/22 | Sold | $355,000 | 0.0% | $269 / Sq Ft |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- |
| 12/10/2021 12/10/21 | Price Changed | $355,000 | -2.6% | $269 / Sq Ft |
| 10/29/2021 10/29/21 | Price Changed | $364,500 | -4.1% | $276 / Sq Ft |
| 09/23/2021 09/23/21 | For Sale | $379,900 | -- | $287 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,991 | $296,667 | -- | -- |
| 2024 | $3,991 | $283,333 | $0 | $0 |
| 2023 | $4,488 | $270,000 | $81,000 | $189,000 |
| 2022 | $3,004 | $270,000 | $81,000 | $189,000 |
| 2021 | $3,710 | $270,000 | $81,000 | $189,000 |
| 2020 | $3,699 | $270,000 | $81,000 | $189,000 |
| 2019 | $3,709 | $270,000 | $81,000 | $189,000 |
| 2018 | $3,729 | $270,000 | $81,000 | $189,000 |
| 2017 | $4,199 | $310,000 | $0 | $0 |
| 2016 | $3,899 | $296,667 | $0 | $0 |
| 2015 | $3,899 | $283,333 | $0 | $0 |
| 2014 | $3,899 | $270,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Love
-
Sven Skarie
Buyer's Agent in 2025
Sven Skarie
Real Broker, LLC - Annapolis
(314) 803-2406
1 in this area
142 Total Sales
-
Malicka Gnon-Konde
Seller's Agent in 2022
Malicka Gnon-Konde
Realty Advantage of Maryland LLC
(301) 806-3807
1 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2017692
APN: 04-03357984
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