$455,000
SOLD MAY 14, 2024

The Fallswood 5800 Nicholson Ln Rockville, MD 20852

2 Beds
2 Baths
1,110 Sq Ft
$944/mo HOA Fee

Recently Sold

$410 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Central Heating and Cooling System
  • Garrett Park Elementary School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Wall Local Park

About This Home

As of May 2024

Welcome to this beautifully updated unit located in the heart of North Bethesda at 5800 Nicholson Lane, Unit 401. With 2 spacious bedrooms and 2 full baths, this South-facing condo offers an abundance of natural light throughout the day. The unit includes 1 garage parking space and a storage unit. The eat-in kitchen has been updated and features sleek stainless steel appliances, offering a modern touch for all your culinary needs. Brand new windows and a sliding door lead to the balcony, allowing for easy indoor-outdoor living. The gleaming hardwood floors add warmth and elegance to the living spaces. The dining room and living room are generously sized, providing ample space for entertaining or relaxing. The secure, full-service building offers a variety of amenities to include a gym, sun deck with grills and a library, contributing to a comfortable and convenient lifestyle. The location is excellent, with easy access to the Metro, Whole Foods, shopping centers, and a variety of restaurants. This home is completely turnkey, ready for you to move in and enjoy. Don't miss out on this exceptional opportunity to make this stunning unit your new home.

Last Agent to Sell the Property

Charles Gilroy

REMAX Platinum Realty Listed on: 04/26/2024

REMAX Platinum Realty

Last Buyer's Agent

Amanda Crowley-Lasko

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1985

HOA Fees

  • $944 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160402529326

Community Details

Overview

  • Association fees include trash, exterior building maintenance, pool(s), snow removal, lawn maintenance
  • High-Rise Condominium
  • The Fallswood Codm Subdivision

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,078

Year Built

Built in 1985

Lot Details

0

HOA Fees

$944 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-26
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully updated unit located in the heart of North Bethesda at 5800 Nicholson Lane, Unit 401. With 2 spacious bedrooms and 2 full baths, this South-facing condo offers an abundance of natural light throughout the day. The unit includes 1 garage parking space and a storage unit. The eat-in kitchen has been updated and features sleek stainless steel appliances, offering a modern touch for all your culinary needs. Brand new windows and a sliding door lead to the balcony, allowing for easy indoor-outdoor living. The gleaming hardwood floors add warmth and elegance to the living spaces. The dining room and living room are generously sized, providing ample space for entertaining or relaxing. The secure, full-service building offers a variety of amenities to include a gym, sun deck with grills and a library, contributing to a comfortable and convenient lifestyle. The location is excellent, with easy access to the Metro, Whole Foods, shopping centers, and a variety of restaurants. This home is completely turnkey, ready for you to move in and enjoy. Don't miss out on this exceptional opportunity to make this stunning unit your new home.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 405.32
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5800

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 21.83
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 944.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Trash, Ext Bldg Maint, Pool(s), Snow Removal, Lawn Maintenance
  • 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

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4078.00
  • Assessor Parcel Number: 160402529326
  • Tax Total Finished Sq Ft: 1110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/14/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 14, 2024
Sold by
Morse Sansa and Driscoll James Walter
Bought by
Abdychev Aidar
Seller's Agent
Charles Gilroy
REMAX Platinum Realty
Buyer's Agent
Amanda Crowley-Lasko
TTR Sotheby's International Realty
List Price
$449,900
Sold Price
$455,000
Premium/Discount to List
$5,100
1.13%
Views
146
Current Estimated Value
$469,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,804
Avg. Annual Appreciation
-1.52%

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 3, 2021
Sold by
Crowell Judy
Bought by
Morse Sansa and Driscoll James Walter
Seller's Agent
Matthew Rowland
Samson Properties
Buyer's Agent
Andre Asselin
The Agency DC
List Price
$429,900
Sold Price
$431,000
Premium/Discount to List
$1,100
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$352,228
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2012
Closed on
Oct 31, 2012
Sold by
Tzentis Lee and Tzentis Max Gregory
Bought by
Crowell Judy
Seller's Agent
Rob Ramoy
Rob Ramoy & Associates
Buyer's Agent
Rob Ramoy
Rob Ramoy & Associates
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$140,000
Interest Rate
3.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 20, 2011
Sold by
Tzentis Lee
Bought by
Tzentis Lee and Tzentis Max Gregory

Purchase Details

Closed on
Feb 10, 2011
Sold by
Tzentis Lee
Bought by
Tzentis Lee and Tzentis Max Gregory

Purchase Details

Closed on
Jun 30, 1995
Sold by
Sadeghi Farid
Bought by
Tzentis Lee
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $455,000 Sage Title
Deed $431,000 Gpn Title Inc
Deed $350,000 First American Title Ins Co
Deed -- --
Interfamily Deed Transfer -- --
Deed -- --
Interfamily Deed Transfer -- --
Deed $158,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $352,228 New Conventional
Previous Owner $140,000 Stand Alone Second
Previous Owner $76,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $455,000 +1.1% $410 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $449,900 +4.4% $405 / Sq Ft
08/03/2021 08/03/21 Sold $431,000 +0.3% $388 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $429,900 +22.8% $387 / Sq Ft
10/31/2012 10/31/12 Sold $350,000 -5.1% $315 / Sq Ft
08/19/2012 08/19/12 Pending -- -- --
08/03/2012 08/03/12 Price Changed $369,000 -2.6% $332 / Sq Ft
07/01/2012 07/01/12 For Sale $379,000 -- $341 / 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
2024 $4,115 $354,333 $0 $0
2023 $3,386 $351,000 $105,300 $245,700
2022 $3,140 $344,333 $0 $0
2021 $3,062 $337,667 $0 $0
2020 $119 $331,000 $99,300 $231,700
2019 $2,987 $331,000 $99,300 $231,700
2018 $2,993 $331,000 $99,300 $231,700
2017 $2,990 $331,000 $0 $0
2016 -- $317,667 $0 $0
2015 $2,642 $304,333 $0 $0
2014 $2,642 $291,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2127402

Bright MLS

APN: 04-02529326