$331,500
SOLD MAY 30, 2013

The Fallswood 5800 Nicholson Ln Rockville, MD 20852

2 Beds
1.5 Baths
1,110 Sq Ft
$693/mo HOA Fee

Recently Sold

$299 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • Garrett Park Elementary School Rated A
  • Private Pool
  • 4-minute walk to Wall Local Park

About This Home

As of May 2013

Priced to fly! Estate sale opportunity in the Fallswood. Rare two Bedroom with one and one half baths. Includes one garage space and one storage space. Freshly painted..new carpet and new kitchen floor but sold AS-IS Open Sunday 1-4

Last Agent to Sell the Property

Rob Ramoy

Rob Ramoy & Associates Listed on: 04/19/2013

Last Buyer's Agent

Mincy Neil

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1985

HOA Fees

  • $693 Monthly HOA Fees

Home Design

  • Beaux Arts Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Home Security

  • Security Gate
  • Exterior Cameras

Parking

  • 1 Subterranean Space
  • Parking Space Number Location: GM-47

Outdoor Features

  • Private Pool

Utilities

  • Heat Pump System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160402529793
  • $86 Front Foot Fee per year

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, sauna, security gate
  • High-Rise Condominium
  • The Fallswood Community
  • The Fallswood Subdivision
  • The community has rules related to commercial vehicles not allowed, moving in times

Amenities

  • Party Room
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,412

Year Built

Built in 1985

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1985
  • Remarks Public: Priced to fly! Estate sale opportunity in the Fallswood. Rare two Bedroom with one and one half baths. Includes one garage space and one storage space. Freshly painted..new carpet and new kitchen floor but sold AS-IS Open Sunday 1-4
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Elevator, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 288.20
  • 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: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Garage
  • Parking Space Number Assigned: GM-47
  • Garage Features: Underground

Utilities

  • Refuse: 20.56
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Main Entrance Lock, Security Gate, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 693.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Gated Community, Library, Party Room, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Sauna, Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Moving Fees Required, Moving In Times, Pets - Allowed, Pets - Size Restrict
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 207200.00
  • Land Assessed Value: 88800.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2013

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13830969
  • Tax Annual Amount: 3412.44
  • Assessor Parcel Number: 160402529793
  • Tax Total Finished Sq Ft: 1110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/30/2013

Multi Family

  • Front Foot Fee: 85.60
  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 30, 2013
Sold by
Vargo Franklin and Estate Of Valentina N Vargo
Bought by
Greenwell Patricia
Seller's Agent
Rob Ramoy
Rob Ramoy & Associates
Buyer's Agent
Mincy Neil
Compass
List Price
$319,900
Sold Price
$331,500
Premium/Discount to List
$11,600
3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$200,000
Outstanding Balance
$143,082
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$356,657

Purchase Details

Closed on
Nov 17, 1988
Bought by
Vargo Valentina N
Source: Public Records

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Range of Values:

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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 $331,500 Stewart Title Guaranty Co
Deed $179,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $419,900 0.0% $378 / Sq Ft
10/15/2019 10/15/19 Rented $2,350 0.0% --
10/02/2019 10/02/19 Under Contract -- -- --
09/14/2019 09/14/19 For Rent $2,350 0.0% --
05/30/2013 05/30/13 Sold $331,500 +3.6% $299 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $319,900 -- $288 / 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 $4,748 $409,333 $0 $0
2023 $4,711 $406,000 $121,800 $284,200
2022 $3,084 $382,667 $0 $0
2021 $3,301 $359,333 $0 $0
2020 $64 $336,000 $100,800 $235,200
2019 $3,042 $336,000 $100,800 $235,200
2018 $3,048 $336,000 $100,800 $235,200
2017 $3,047 $336,000 $0 $0
2016 -- $322,667 $0 $0
2015 $290 $309,333 $0 $0
2014 $290 $296,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003463920

Bright MLS

APN: 04-02529793