Residences of Fallsgrove 701 Fallsgrove Dr Unit 314 Rockville, MD 20850
West Rockville NeighborhoodEstimated payment $3,920/month
Highlights
- Fitness Center
- Open Floorplan
- Contemporary Architecture
- Ritchie Park Elementary School Rated A
- Clubhouse
- 3-minute walk to Fallsgrove Park
About This Home
**Seller will look at all serious offers ! Unbeatable new price in this unbeatable location!!Step into a beautifully refreshed space—this spacious 2-bedroom, 2-bath corner condo with a library/den has just been fully painted, creating a bright, open feel throughout. It’s a fresh new look that truly makes the home shine! With 1,644 sq. ft. of thoughtfully designed living space, enjoy an open floor plan that includes two balconies—one off the living room with views of beautifully landscaped flower beds and the back entrance, and another private one off the primary bedroom. Brand new carpeting was installed in March 2025, and the efficient tankless water heater was added in 2021. A Ring system with camera and audio is included—just download the app and you're good to go. A rare bonus in Fallsgrove: this unit includes a separately deeded detached one-car garage, just a few steps from the back entrance. Not every unit here offers that kind of convenience!
The building sits right across from the scenic walking trails, playground and the Thomas Farm Community Center with an active Pickle Ball community. Plus, you’re just a short walk to the Fallsgrove shopping center and amenities including the pool and fitness room. This condo offers a fantastic canvas for your personal touches nestled in a convenient community with so many wonderful amenities. Don't wait-opportunity is calling! I can’t say enough nice things about this neighborhood especially since I live here!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,692
Year Built
- Built in 2003
HOA Fees
- $565 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 1,664 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Combination Dining and Living Room
- Library
- Carpet
- Courtyard Views
- Intercom
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Down Draft Cooktop
- Built-In Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Water Fountains
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Hot Water Heating System
- Tankless Water Heater
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 160403429995
Community Details
Overview
- Association fees include exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
- Low-Rise Condominium
- Codm Residences II Of Fallsgrove Condos
- Fallsgrove Subdivision
- Property Manager
Amenities
- Picnic Area
- Clubhouse
- Community Center
- Party Room
- Elevator
Recreation
- Community Basketball Court
- Community Playground
- Jogging Path
Pet Policy
- Dogs and Cats Allowed
Security
- Fire and Smoke Detector
Map
About Residences of Fallsgrove
Home Values in the Area
Average Home Value in this Area
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 | $6,692 | $495,000 | $148,500 | $346,500 |
| 2024 | $6,692 | $495,000 | $148,500 | $346,500 |
| 2023 | $6,166 | $510,000 | $153,000 | $357,000 |
| 2022 | $6,104 | $473,333 | $0 | $0 |
| 2021 | $5,053 | $436,667 | $0 | $0 |
| 2020 | $26 | $400,000 | $120,000 | $280,000 |
| 2019 | $4,513 | $395,000 | $0 | $0 |
| 2018 | $26 | $390,000 | $0 | $0 |
| 2017 | $4,435 | $385,000 | $0 | $0 |
| 2016 | -- | $375,000 | $0 | $0 |
| 2015 | $3,892 | $365,000 | $0 | $0 |
| 2014 | $3,892 | $355,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Price Changed | $525,000 | -4.5% | $316 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $550,000 | 0.0% | $331 / Sq Ft |
| 06/16/2025 06/16/25 | Off Market | $550,000 | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $550,000 | -- | $331 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document | |
| Personal Reps Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $389,900 | -- | |
| Deed | $389,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $301,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Bright MLS
MLS Number: MDMC2175110
APN: 04-03429995
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