NOT LISTED FOR SALE

701 Ivy League Ln Rockville, MD 20850

West Rockville Neighborhood

Estimated Value: $617,000 - $636,000

3 Beds
3 Baths
2,082 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $540,000 $259 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,101/month

About This Home

As of August 2021

Offers requested by 3pm Tuesday 7/20/21. Wow!!! A gorgeous, spacious, end-unit townhome with EXTRA windows and light. Pride of homeownership shows at each level. A large light filled living room flows into an open dining area. The kitchen boasts stainless steel appliances, stone counter tops and room for a kitchen table. Don’t miss the half bath on the first level. Head up the stairs to the primary bedroom with an ensuite bath plus a walk-in closet. Two more bedrooms and a second full bath complete the second level. Find even more living space in the finished basement with a built in gas fireplace. The sliding glass door leads to a private deck looking out to the lush grass common area. Perfectly located less than a mile to Rockville Metro station red line, near I-270, Rockville Town Center, Rockville Swim & Fitness Center, Montgomery County office buildings, Montgomery College, and Montgomery County Public Schools. Solar panel lease will convey to the buyer!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 30, 2021
Sold by
Mcnamara Michael C
Bought by
Huque Farhan
Seller's Agent
Gregory Tindale
Engel & Völkers Washington, DC
Buyer's Agent
Brandy Saballos
RE/MAX Realty Centre, Inc.
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Current Estimated Value
$625,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,901
Avg. Annual Appreciation
3.57%
Original Mortgage
$405,000
Outstanding Balance
$372,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$248,089

Purchase Details

Closed on
Jul 10, 2020
Sold by
Mcnamara Michael C and Mcnamara Jocelyn J
Bought by
Mcnamara Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,100
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 30, 2016
Sold by
Reamy Michale L
Bought by
Mcnamara Jocelyn J and Mcnamara Michel
Seller's Agent
Colleen Corbey
Weichert, REALTORS
Buyer's Agent
Gregory Tindale
Engel & Völkers Washington, DC
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$451,250
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huque Farhan $540,000 Kvs Title Llc
Mcnamara Michael C -- Accommodation
Mcnamara Jocelyn J $475,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huque Farhan $405,000
Previous Owner Mcnamara Michael C $427,100
Previous Owner Mcnamara Jocelyn J $451,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $540,000 +2.9% $259 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $525,000 +10.5% $252 / Sq Ft
11/30/2016 11/30/16 Sold $475,000 0.0% $228 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $475,000 0.0% $228 / Sq Ft
10/10/2016 10/10/16 Off Market $475,000 -- --
08/21/2016 08/21/16 Price Changed $475,000 -1.0% $228 / Sq Ft
08/11/2016 08/11/16 For Sale $480,000 -- $231 / Sq Ft

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 $6,376 $496,667 -- --
2024 $6,376 $468,333 $0 $0
2023 $5,268 $440,000 $132,000 $308,000
2022 $5,121 $440,000 $132,000 $308,000
2021 $5,140 $440,000 $132,000 $308,000
2020 $2,591 $440,000 $132,000 $308,000
2019 $10,161 $436,667 $0 $0
2018 $5,073 $433,333 $0 $0
2017 $5,008 $430,000 $0 $0
2016 -- $415,000 $0 $0
2015 $4,321 $400,000 $0 $0
2014 $4,321 $385,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Tindale

    Seller's Agent in 2021

    Gregory Tindale

    Engel & Völkers Washington, DC

    (301) 755-4672

    1 in this area

    25 Total Sales

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  • Jonathan Bartlett

    Seller Co-Listing Agent in 2021

    Jonathan Bartlett

    Engel & Völkers Washington, DC

    (202) 436-6066

    1 in this area

    57 Total Sales

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  • Brandy Saballos

    Buyer's Agent in 2021

    Brandy Saballos

    RE/MAX

    (301) 461-8925

    1 in this area

    66 Total Sales

    Section Image

  • C

    Seller's Agent in 2016

    Colleen Corbey

    Weichert Corporate

    (301) 706-0509

    1 in this area

    29 Total Sales

    Section Image
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Map

Maryland Montgomery County Rockville 20850 West Rockville

701 Ivy League Ln, Rockville, MD

This home is located at 701 Ivy League Ln, Rockville, MD 20850 and is currently estimated at $625,901, approximately $300 per square foot. 701 Ivy League Ln is a home located in Montgomery County with nearby schools including Beall Elementary School, Julius West Middle School, and Richard Montgomery High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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