NOT LISTED FOR SALE

5704 Balsam Grove Ct Rockville, MD 20852

Estimated Value: $704,000 - $817,000

3 Beds
3 Baths
1,915 Sq Ft
$451/mo HOA Fee

Last Sold March 04, 2021

Last sale price $650,000 $339 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,022/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • 1 Car Detached Garage
  • Kensington Parkwood Elementary School Rated A
  • Tennis Courts
  • Brick Front

About This Home

As of March 2021

Welcome to this lovely 3BR / 3 BA condo that lives like a 3-floor townhome. Features vaulted /cathedral ceilings,  updated floorings, gourmet kitchen, and a wood-burning fireplace. All 3 baths have been modernized for a comfortable feeling. The upper loft with a dedicated bath adds more living space to relax in.  Outdoor space features a patio in the front and your private covered balcony off the living room and master bedroom. This community belongs to Penbrooke with its beautiful 3 swimming pools and 4 tennis courts. Located near Grosvenor Metro Station and easy access to 495 and 270. Please follow Covid-19 guidelines when visiting.

Last Agent to Sell the Property

James Wu

(301) 674-3030 jameswuteam@compass.com Compass License #0225205230 Listed on: 01/28/2021

Compass

Co-Listed By

Steven Chang

(240) 393-3828 steven.chang@compass.com Compass

Last Buyer's Agent

Deborah Berger

(301) 793-0711 realtordeb10@gmail.com RE/MAX Town Center License #5P98377389

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 1988

Lot Details

  • 44

HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,915 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

Schools

  • Kensington Parkwood Elementary School
  • North Bethesda Middle School
  • Walter Johnson High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160402781386

Community Details

Overview

  • Penbrooke, HOA, Phone Number (301) 717-5165
  • Quantum Re c/o Luxberry Courts Condo, Phone Number (301) 941-8040
  • Luxberry Courts Community
  • Luxberry Courts Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,486

Year Built

Built in 1988

Lot Details

0

HOA Fees

$451 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Unit/Flat, Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1915
  • Living Area Sq Ft: 1915
  • Price Per Sq Ft: 339.43
  • Above Grade Finished Sq Ft: 1915
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 321.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 405.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 417.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Quantum RE c/o Luxberry Courts Condo
  • Condo Co-Op Phone: 301-941-8040
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: PENBROOKE, HOA
  • HOA Phone: 301-717-5165
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: KENSINGTON PARKWOOD
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 413000.00
  • Land Assessed Value: 177000.00
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13907698
  • Tax Annual Amount: 6486.00
  • Assessor Parcel Number: 160402781386
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 4, 2021
Sold by
Shaw James E and Shaw Suyin B
Bought by
Kleinman Eleanor
Seller's Agent
James Wu
Compass
Buyer's Agent
Deborah Berger
RE/MAX Town Center
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$748,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,092
Avg. Annual Appreciation
3.02%
Original Mortgage
$430,000
Outstanding Balance
$385,660
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$362,432

Purchase Details

Listed on
Oct 5, 2016
Closed on
Nov 23, 2016
Sold by
Maeda Akiko
Bought by
Shaw James E and Shaw Suyin B
Seller's Agent
Kevin Carter
RE/MAX Distinctive Real Estate, Inc.
Buyer's Agent
Leon Williams
Long & Foster Real Estate, Inc.
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$488,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1998
Sold by
Carlsson Sune and Carlsson M W
Bought by
Maeda Akiko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kleinman Eleanor $650,000 Title Town Settlements Llc
Shaw James E $610,000 Sage Title Group Llc
Maeda Akiko $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinman Eleanor $430,000
Previous Owner Shaw James E $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2021 03/04/21 Sold $650,000 0.0% $339 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $650,000 0.0% $339 / Sq Ft
01/28/2021 01/28/21 Off Market $650,000 -- --
11/23/2016 11/23/16 Sold $610,000 -2.4% $319 / Sq Ft View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $625,000 -- $326 / 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 $7,445 $613,333 -- --
2024 $7,445 $601,667 $0 $0
2023 $6,600 $590,000 $177,000 $413,000
2022 $6,188 $580,000 $0 $0
2021 $6,023 $570,000 $0 $0
2020 $11,783 $560,000 $168,000 $392,000
2019 $11,590 $553,333 $0 $0
2018 $5,719 $546,667 $0 $0
2017 $5,631 $540,000 $0 $0
2016 $4,741 $518,333 $0 $0
2015 $4,741 $496,667 $0 $0
2014 $4,741 $475,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC742714

Bright MLS

APN: 04-02781386