NOT LISTED FOR SALE

The Fallswood 5800 Nicholson Ln Rockville, MD 20852

Estimated Value: $445,000 - $506,000

2 Beds
2 Baths
1,110 Sq Ft
$969/mo HOA Fee

Last Sold March 18, 2024

Last sale price $481,000 $433 Per Sq Ft

Current estimated payment $3,894/month

1 Day on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Garrett Park Elementary School Rated A
  • Second Garage
  • 4-minute walk to Wall Local Park

About This Home

As of March 2024

Welcome to Unit # 1101 at The Fallswood, where luxury meet s convenience in North Bethesda. This
meticulously maintained residence offers a carefree lifestyle with an array of amenities and a prime
location. Spanning 1,110 square feet , this high-floor unit is flooded with natural light and features 2 bedroom suites bathrooms en-suite in an open floorplan offering versatile living spaces across the living room, formal dining area, and home office, all while soaking in the tranquil views through the expansive windows. The kitchen has been tastefully updated with granite countertops, sleek oak wood cabinet s featuring glass panels, and high-quality stainless steel appliances. Features perfect table space or home office nook by the window. Throughout the unit, you'll find wood flooring paired with plush carpeting for added comfort and style. Moreover, a spacious balcony offers panoramic views from the eleventh floor, providing captivating open scenery and lounging space. Enjoy peace of mind in this secured and pet -friendly building with a 24-hour front desk/ concierge. The Fallswood Condos offer an indulgent lifestyle with amenities including a gated entrance, fitness room, outdoor pool, tennis court , community room, library, and a stunning outdoor sundeck with grilling area. Plus, it s proximity to Metro, shops, restaurant s, parks, and grocery stores (walk score 85) makes everyday living effortless.

Last Agent to Sell the Property

Nelson Marban

(202) 870-6899 nelson.marban@wfp.com Washington Fine Properties, LLC License #SP98359697 Listed on: 02/16/2024

Washington Fine Properties, LLC

Last Buyer's Agent

Stephanie Horwat

(301) 385-6115 shorwat@weichert.com Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,734

Year Built

  • Built in 1985

Lot Details

  • 44

HOA Fees

  • $969 Monthly HOA Fees

Parking

  • Second Garage
  • Garage Door Opener
  • Parking Lot
  • Parking Space Conveys
  • Fenced Parking

Home Design

  • Contemporary Architecture
  • Entry on the 11th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 1 Level
  • Engineered Wood Flooring

Kitchen

  • Double Oven
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Home Security

Outdoor Features

  • Exterior Lighting

Schools

  • Garrett Park Elementary School
  • Tilden Middle School
  • Walter Johnson High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160402529873

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, parking fee, pool(s), recreation facility, security gate, sewer, snow removal, taxes, trash, water
  • High-Rise Condominium
  • Fallswood Subdivision

Amenities

  • Concierge
  • Common Area
  • Sauna
  • Meeting Room
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Front Desk in Lobby
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,734

Year Built

Built in 1985

Lot Details

0

HOA Fees

$969 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Exhaust Fan, Oven - Double, Refrigerator, Stove, Washer/Dryer Stacked
  • Entry Floor: 11
  • Flooring Type: Engineered Wood
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 432.43
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet

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
  • Other Structures List: 2nd Garage, Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Street Lights, Tennis Court(s)
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Fenced, Parking Space Conveys
  • Garage Features: Covered Parking, Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Security: Desk In Lobby, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 969.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Meeting Room, Party Room, Pool - Outdoor, Sauna, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Parking Fee, Pool(s), Recreation Facility, Security Gate, Sewer, Snow Removal, Taxes, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GARRETT PARK
  • High School: WALTER JOHNSON
  • Middle Or Junior School: TILDEN

Lot Info

  • Zoning: CONDO
  • Zoning Description: Residential Condo
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4734.00
  • Assessor Parcel Number: 160402529873
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 18, 2024
Sold by
Cao Yolanda
Bought by
Federer Lisa
Seller's Agent
Nelson Marban
Washington Fine Properties, LLC
Buyer's Agent
Stephanie Horwat
Weichert, REALTORS
List Price
$479,999
Sold Price
$481,000
Premium/Discount to List
$1,001
0.21%
Views
102
Current Estimated Value
$479,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,483
Avg. Annual Appreciation
-0.18%
Original Mortgage
$432,900
Outstanding Balance
$426,057
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$53,460

Purchase Details

Listed on
Nov 17, 2018
Closed on
Dec 21, 2018
Sold by
Ko Edmund
Bought by
Cao Yolanda
Seller's Agent
Mary Sokhor
Long & Foster Real Estate, Inc.
Buyer's Agent
Stephen Paderofsky
JPAR Stellar Living
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$332,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2008
Sold by
Wertheim Kurt Tr
Bought by
Ko Edmund

Purchase Details

Closed on
May 1, 2008
Sold by
Wertheim Kurt Tr
Bought by
Ko Edmund

Purchase Details

Closed on
Mar 26, 2004
Sold by
Wertheim Kurt
Bought by
Wertheim Kurt Et Al Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Federer Lisa $481,000 Fidelity National Title
Federer Lisa $481,000 Fidelity National Title
Cao Yolanda $415,000 Lakeside Title Co
Ko Edmund $300,000 --
Ko Edmund $300,000 --
Wertheim Kurt Et Al Tr -- --
Wertheim Kurt Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federer Lisa $432,900
Closed Federer Lisa $432,900
Previous Owner Cao Yolanda $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $481,000 +0.2% $433 / Sq Ft
02/16/2024 02/16/24 For Sale $479,999 +15.7% $432 / Sq Ft
01/07/2019 01/07/19 Sold $415,000 -2.4% $374 / Sq Ft View Prior Sale
11/17/2018 11/17/18 For Sale $425,000 -- $383 / 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 $4,771 $414,667 -- --
2024 $4,771 $411,333 $0 $0
2023 $4,042 $408,000 $122,400 $285,600
2022 $3,585 $384,667 $0 $0
2021 $3,323 $361,333 $0 $0
2020 $6,133 $338,000 $101,400 $236,600
2019 $3,064 $338,000 $101,400 $236,600
2018 $3,734 $338,000 $101,400 $236,600
2017 $3,070 $338,000 $0 $0
2016 $2,717 $324,667 $0 $0
2015 $2,717 $311,333 $0 $0
2014 $2,717 $298,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nelson Marban

    Seller's Agent in 2024

    Nelson Marban

    Washington Fine Properties, LLC

    (202) 870-6899

    7 in this area

    91 Total Sales

    Nelson Marban
    Section Image
  • Stephanie Horwat

    Buyer's Agent in 2024

    Stephanie Horwat

    Weichert Corporate

    (301) 385-6115

    6 in this area

    83 Total Sales

    Stephanie Horwat
    Section Image
  • Mary Sokhor

    Seller's Agent in 2019

    Mary Sokhor

    Long & Foster

    (301) 455-7311

    12 Total Sales

    Mary Sokhor
    Section Image
  • Stephen Paderofsky

    Buyer's Agent in 2019

    Stephen Paderofsky

    JPAR Stellar Living

    (703) 930-5530

    2 in this area

    32 Total Sales

    Stephen Paderofsky
    Section Image
See All Agents

About The Fallswood

Map

Source: Bright MLS

MLS Number: MDMC2120502

Bright MLS

APN: 04-02529873

Maryland Montgomery County Rockville 20852

5800 Nicholson Ln, Rockville, MD

Not Listed for Sale

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