Seller's Agent in 2025
Robert Jenets
Stuart and Maury
(301) 257-3200
2 in this area
101 Total Sales
The Fallswood 5802 Nicholson Ln Unit 2407 Rockville, MD 20852
2
Beds
2
Baths
1,335
Sq Ft
$1,159/mo
HOA Fee
Highlights
- Fitness Center
- Gated Community
- Breakfast Area or Nook
- Garrett Park Elementary School Rated A
- Community Pool
- 4-minute walk to Wall Local Park
About This Home
As of July 2025SIGNIFICANT PRICE IMPROVEMENT!! Modern, gated community within .4 mile of the North Bethesda Metro! This elegant building is near every convenience you could want. This two bedroom, two bath unit has 2-zoned HVAC for ideal temperature control of the living area and the bedrooms. Full sized washer and dryer in the unit and a balcony make this a highly desirable home. There are two separately deeded parking spaces (one covered and an assigned outside space) that convey with the property at this price! Wow!
The property is in good condition but is being sold "AS-IS" by the estate. This bargain price takes into account the likelihood of some minor upgrades, which makes it a great opportunity. The intrinsic value of the location, design, quality of the building and amenities are undeniable. This one deserves your consideration as an excellent investment and a lovely place to live.
Last Agent to Sell the Property
Stuart & Maury, Inc. License #74589 Listed on: 06/03/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,841
Year Built
- Built in 1985
HOA Fees
- $1,159 Monthly HOA Fees
Parking
- Assigned parking located at #GL-26. PO-9
- Parking Lot
- 2 Assigned Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,335 Sq Ft Home
- Property has 1 Level
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Schools
- Garrett Park Elementary School
- Tilden Middle School
- Walter Johnson High School
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in good condition
Listing and Financial Details
- Assessor Parcel Number 160402545270
Community Details
Overview
- Association fees include common area maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water
- High-Rise Condominium
- The Fallswood Condominium Condos
- Fallswood Subdivision
Recreation
Pet Policy
- Limit on the number of pets
Additional Features
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jul 31, 2025
Sold by
Geraldine B Pollen Revocable Trust and Judson Karen
Bought by
Yee Karen Elizabeth and Yee Lucy Ling
Seller's Agent
Robert Jenets
Stuart & Maury, Inc.
Buyer's Agent
Meg Percesepe
Washington Fine Properties, LLC
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Views
291
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.51%
Original Mortgage
$150,000
Outstanding Balance
$150,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$306,383
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 | Paragon Title | |
| Deed | $430,000 | Paragon Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Closed | $150,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $430,000 | -4.4% | $322 / Sq Ft |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $450,000 | -9.1% | $337 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $495,000 | -- | $371 / 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 | $5,841 | $507,667 | -- | -- |
| 2024 | $5,841 | $504,333 | $0 | $0 |
| 2023 | $5,114 | $501,000 | $150,300 | $350,700 |
| 2022 | $3,743 | $464,333 | $0 | $0 |
| 2021 | $4,055 | $427,667 | $0 | $0 |
| 2020 | $3,651 | $391,000 | $117,300 | $273,700 |
| 2019 | $3,648 | $391,000 | $117,300 | $273,700 |
| 2018 | $3,656 | $391,000 | $117,300 | $273,700 |
| 2017 | $3,718 | $391,000 | $0 | $0 |
| 2016 | -- | $381,000 | $0 | $0 |
| 2015 | $2,508 | $371,000 | $0 | $0 |
| 2014 | $2,508 | $361,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Jenets
-
Meg Percesepe
Buyer's Agent in 2025
Meg Percesepe
Washington Fine Properties
(240) 441-8434
7 in this area
129 Total Sales
About The Fallswood
Map
Source: Bright MLS
MLS Number: MDMC2183006
APN: 04-02545270
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