Seller's Agent in 2025
Kristin Francis
EXP Realty, LLC
(703) 224-6000
2 in this area
254 Total Sales
The Fallswood 5802 Nicholson Ln Unit 2702 Rockville, MD 20852
3
Beds
2
Baths
1,630
Sq Ft
$1,256/mo
HOA Fee
Highlights
- Fitness Center
- Beaux Arts Architecture
- Main Floor Bedroom
- Garrett Park Elementary School Rated A
- Open Floorplan
- 4-minute walk to Wall Local Park
About This Home
As of June 2025Welcome to 5802 Nicholson Ln #2-702, a rare 3-bedroom, 2-bathroom corner unit in The Fallswood Condominium offering over 1,600 square feet of bright, open living space in the heart of North Bethesda. This spacious home features a windowed eat-in kitchen, a generous primary suite, and two additional bedrooms ideal for guests or office use. Included are two garage parking spaces and an oversized storage bin. The Fallswood offers top-tier amenities such as a 24/7 front desk, gated security, outdoor pool, sauna, fitness center, tennis courts, party room, library, picnic area, elevator access, and extra storage. The monthly condo fee covers water, sewer, trash, snow removal, management, insurance, security gate, pool, sauna, and reserve funding. Ideally located just blocks from the White Flint Metro, Whole Foods, and Pike & Rose, this home blends comfort, convenience, and an unbeatable location. Parking space is conveyed with the condo but is separately deeded and taxed by Montgomery County. Buyer will receive two tax bills (one for the condo, one for the parking space).
Last Agent to Sell the Property
EXP Realty, LLC License #SP98370729 Listed on: 06/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,142
Year Built
- Built in 1985
HOA Fees
- $1,256 Monthly HOA Fees
Parking
- Front Facing Garage
- Rear-Facing Garage
- Side Facing Garage
- Parking Space Conveys
Home Design
- Beaux Arts Architecture
- Entry on the 7th floor
- Brick Exterior Construction
Interior Spaces
- 1,630 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Dining Area
- Security Gate
Kitchen
- Breakfast Area or Nook
- Oven
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Front Loading Washer
Utilities
- Heat Pump System
- Multi-Tank Water Heater
Additional Features
- Two or More Common Walls
Listing and Financial Details
- Assessor Parcel Number 160402545452
Community Details
Overview
- Association fees include insurance, management, pool(s), reserve funds, sauna, security gate, sewer, snow removal, trash, water
- High-Rise Condominium
- The Fallswood Codm Subdivision
Amenities
- Picnic Area
- Sauna
- Community Library
- Elevator
Recreation
Pet Policy
- Pets Allowed
Security
- Security Service
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2025
Closed on
Jun 23, 2025
Sold by
Freshman John Devol
Bought by
Liese Karen E and Bolger William E
Seller's Agent
Kristin Francis
EXP Realty, LLC
Buyer's Agent
Beverly Piccone
Coldwell Banker Realty
List Price
$830,000
Sold Price
$830,000
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.18%
Purchase Details
Closed on
Feb 20, 2025
Sold by
Freshman-Dauphinais Family Joint Trust and Dauphinais Deborah R
Bought by
Freshman John Devol
Purchase Details
Closed on
Sep 3, 2019
Sold by
Dauphinais Deborah R and Freshman John D
Bought by
Dauphinais Deborah R and Freshman John D
Purchase Details
Listed on
Oct 2, 2018
Closed on
Nov 30, 2018
Sold by
Gant Carol F
Bought by
Freshman John Devol and Dauphinais Deborah R
Seller's Agent
Rob Ramoy
Rob Ramoy & Associates
Buyer's Agent
Rob Ramoy
Rob Ramoy & Associates
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$607,433
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 3, 1999
Sold by
Pioli Richard T and Pioli B Pioli R
Bought by
Richard T Pioli Tr
Purchase Details
Closed on
Dec 28, 1998
Sold by
Doris J Gould Tr
Bought by
Pioli Richard T and Pioli B Pioli R
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 | $830,000 | District Title | |
| Deed | $830,000 | District Title | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $675,000 | Universal Title | |
| Warranty Deed | $675,000 | Universal Title | |
| Deed | $675,000 | Universal Title | |
| Deed | -- | -- | |
| Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $606,000 | New Conventional | |
| Previous Owner | $607,433 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $230,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $243,700 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $830,000 | 0.0% | $509 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $830,000 | +23.0% | $509 / Sq Ft |
| 11/30/2018 11/30/18 | Sold | $675,000 | -2.2% | $414 / Sq Ft |
| 10/16/2018 10/16/18 | Pending | -- | -- | -- |
| 10/02/2018 10/02/18 | For Sale | $690,000 | -- | $423 / 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 | $7,142 | $630,667 | -- | -- |
| 2024 | $7,142 | $617,333 | $0 | $0 |
| 2023 | $6,301 | $604,000 | $181,200 | $422,800 |
| 2022 | $5,638 | $570,667 | $0 | $0 |
| 2021 | $5,264 | $537,333 | $0 | $0 |
| 2020 | $4,898 | $504,000 | $151,200 | $352,800 |
| 2019 | $4,894 | $504,000 | $151,200 | $352,800 |
| 2018 | $4,904 | $504,000 | $151,200 | $352,800 |
| 2017 | $5,133 | $504,000 | $0 | $0 |
| 2016 | -- | $504,000 | $0 | $0 |
| 2015 | $4,067 | $504,000 | $0 | $0 |
| 2014 | $4,067 | $504,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Francis
-
Beverly Piccone
Buyer's Agent in 2025
Beverly Piccone
Coldwell Banker (NRT-Southeast-MidAtlantic)
(301) 512-0213
12 in this area
43 Total Sales
-
R
Seller's Agent in 2018
Rob Ramoy
Rob Ramoy & Associates
About The Fallswood
Map
Source: Bright MLS
MLS Number: MDMC2183852
APN: 04-02545452
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