NOT LISTED FOR SALE

The Fallswood 5802 Nicholson Ln Rockville, MD 20852

Estimated Value: $496,000 - $646,000

2 Beds
2 Baths
1,330 Sq Ft
$947/mo HOA Fee

Last Sold April 29, 2021

Last sale price $515,000 $387 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,336/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • Garrett Park Elementary School Rated A
  • Contemporary Architecture
  • 4-minute walk to Wall Local Park

About This Home

As of April 2021

** WARNING ** 2-bedroom + 2-bathroom condos with a massive 695 sq.' private patio only 1-block from Whole Foods are EXTREMELY RARE gems...THIS is exactly what you have in this RENOVATED condo. Imagine opening one of your two sliding glass doors and stepping out onto your slate stone patio in the morning, sitting down with a cup of coffee, then enjoying your favorite breakfast -- all outside in your space...Or maybe a nice glass of wine with some appetizers followed by a great dinner in the evening. It's your PRIVATE brick enclosed patio with a gate that lets you walk out onto grass. It's amazing for you, and beyond ideal if you have a DOG. During the Summer, you can walk right over to the pool. Now, let's step back inside your condo for a moment. You'll quickly notice you have all NEW flooring throughout. Every last inch...Granite counter tops in the kitchen with fresh cabinets, a NEW fridge, a NEW stove, a NEW dishwasher, a NEW microwave, and NEW lighting. The 2nd bathroom has been renovated like new. Walk down to your NEW Master Suite and you'll notice a completely gutted and NEW Master Bathroom and the beautiful extra large shower complete with a bench and rain shower. You have a sliding door closet and walk-in closet. The whole condo is freshly painted and ready for you to add your furniture. Living at The Fallswood gives you quick access to everything you need and want. Your 3-blocks to Pike & Rose, the METRO, and restaurants galore. Beyond Whole Foods -- you have My Organic Market, Trader Joes, Safeway, Giant, and Harris Teeter all around a 1/3 mile away. Plus the Shriver Aquatic Center is immediately across the street. And you also have a private, seasonal pool, library, party room, fitness room, and an Amazon locker all in your building...AND how about the Hidden Secret known as the Sun Deck. Tucked away and virtually your own massive oasis, the Sun Deck gives you the ultimate lifestyle. Imagine you want a break.... Anytime you want, just hop on the elevator, and step out to this stunning space that lets you lounge, grill, and even walk along a beautifully landscaped path. How about a match of tennis? Yes, you have a tennis court. And did I mention you're 1-block from Whole Foods? So for the times you want to have an even larger group of friends and family over for some dinner, you just pop on over to Whole Foods, grab some steaks, shrimp, fish, vegetables or whatever you want. You come back to your massive Sun Deck. You fire up one or both of the grills, throw some delightful favorites on the grill, enjoy a nice beverage or two with your party, watch the sun set, and whatever you want. Hopefully you remembered one of their yummy desserts. And if you're still hungry, go grab some more food. It's one block away! You call the shots here. This condo and these amenities let you create the Ultimate Lifestyle for you and your guests. It's just waiting for you to step into it...And with this condo, you have the ultimate: A very valuable outdoor private space. 695 sq. ' of PRIVATE OUTDOOR SPACE...You can't buy that with many million dollar plus condos. They just don't exist... It's EXTREMELY rare. Remember that...So now is the time to schedule a private tour. You'll be glad you did!

Last Agent to Sell the Property

Mark Fitzpatrick

RLAH @properties License #651727 Listed on: 02/04/2021

RLAH @properties

Last Buyer's Agent

Mark Fitzpatrick

RLAH @properties License #651727 Listed on: 02/04/2021

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1985

Lot Details

  • 44

HOA Fees

  • $947 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,330 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160402544947

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, security gate, sewer, water, snow removal
  • High-Rise Condominium
  • The Fallswood Co Community
  • The Fallswood Codm Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Meeting Room
  • Party Room
  • Community Library

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,219

Year Built

Built in 1985

Lot Details

0

HOA Fees

$947 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-06
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: ** WARNING ** 2-bedroom + 2-bathroom condos with a massive 695 sq.' private patio only 1-block from Whole Foods are EXTREMELY RARE gems...THIS is exactly what you have in this RENOVATED condo. Imagine opening one of your two sliding glass doors and stepping out onto your slate stone patio in the morning, sitting down with a cup of coffee, then enjoying your favorite breakfast -- all outside in your space...Or maybe a nice glass of wine with some appetizers followed by a great dinner in the evening. It's your PRIVATE brick enclosed patio with a gate that lets you walk out onto grass. It's amazing for you, and beyond ideal if you have a DOG. During the Summer, you can walk right over to the pool. Now, let's step back inside your condo for a moment. You'll quickly notice you have all NEW flooring throughout. Every last inch...Granite counter tops in the kitchen with fresh cabinets, a NEW fridge, a NEW stove, a NEW dishwasher, a NEW microwave, and NEW lighting. The 2nd bathroom has been renovated like new. Walk down to your NEW Master Suite and you'll notice a completely gutted and NEW Master Bathroom and the beautiful extra large shower complete with a bench and rain shower. You have a sliding door closet and walk-in closet. The whole condo is freshly painted and ready for you to add your furniture. Living at The Fallswood gives you quick access to everything you need and want. Your 3-blocks to Pike & Rose, the METRO, and restaurants galore. Beyond Whole Foods -- you have My Organic Market, Trader Joes, Safeway, Giant, and Harris Teeter all around a 1/3 mile away. Plus the Shriver Aquatic Center is immediately across the street. And you also have a private, seasonal pool, library, party room, fitness room, and an Amazon locker all in your building...AND how about the Hidden Secret known as the Sun Deck. Tucked away and virtually your own massive oasis, the Sun Deck gives you the ultimate lifestyle. Imagine you want a break.... Anytime you want, just hop on the elevator, and step out to this stunning space that lets you lounge, grill, and even walk along a beautifully landscaped path. How about a match of tennis? Yes, you have a tennis court. And did I mention you're 1-block from Whole Foods? So for the times you want to have an even larger group of friends and family over for some dinner, you just pop on over to Whole Foods, grab some steaks, shrimp, fish, vegetables or whatever you want. You come back to your massive Sun Deck. You fire up one or both of the grills, throw some delightful favorites on the grill, enjoy a nice beverage or two with your party, watch the sun set, and whatever you want. Hopefully you remembered one of their yummy desserts. And if you're still hungry, go grab some more food. It's one block away! You call the shots here. This condo and these amenities let you create the Ultimate Lifestyle for you and your guests. It's just waiting for you to step into it...And with this condo, you have the ultimate: A very valuable outdoor private space. 695 sq. ' of PRIVATE OUTDOOR SPACE...You can't buy that with many million dollar plus condos. They just don't exist... It's EXTREMELY rare. Remember that...So now is the time to schedule a private tour. You'll be glad you did!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1330
  • Living Area Sq Ft: 1330
  • Price Per Sq Ft: 387.22
  • Above Grade Finished Sq Ft: 1330
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5802

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
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Parking Lot, On Street
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 947.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Gated Community, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Security Gate, Sewer, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 266000.00
  • Land Assessed Value: 114000.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: TSR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13831311
  • Tax Annual Amount: 4219.00
  • Assessor Parcel Number: 160402544947
  • Tax Total Finished Sq Ft: 1330
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/29/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 29, 2021
Sold by
Merendino John J and Merendino Frank
Bought by
Dalton Marilyn G and Dalton James G
Seller's Agent
Mark Fitzpatrick
RLAH @properties
Buyer's Agent
Mark Fitzpatrick
RLAH @properties
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$558,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,185
Avg. Annual Appreciation
1.87%
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dalton Marilyn G $515,000 Hutton Patt T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dalton Marilyn G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $515,000 0.0% $387 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $515,000 0.0% $387 / Sq Ft
02/04/2021 02/04/21 Off Market $515,000 -- --
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 $4,468 $390,000 -- --
2024 $4,468 $385,000 $0 $0
2023 $4,412 $380,000 $114,000 $266,000
2022 $4,226 $380,000 $114,000 $266,000
2021 $1,765 $380,000 $114,000 $266,000
2020 $4,222 $380,000 $114,000 $266,000
2019 $4,219 $380,000 $114,000 $266,000
2018 $4,198 $380,000 $114,000 $266,000
2017 $4,283 $380,000 $0 $0
2016 $3,859 $370,000 $0 $0
2015 $3,859 $360,000 $0 $0
2014 $3,859 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC740180

Bright MLS

APN: 04-02544947