NOT LISTED FOR SALE

803 Reserve Champion Dr Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $468,000 - $512,000

2 Beds
2 Baths
1,468 Sq Ft
$492/mo HOA Fee

Last Sold July 09, 2019

Last sale price $399,000 $272 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,664/month

26 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • City View
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of July 2019

Beautiful light filled, well maintained, open floor plan, corner unit in King Farm. This 2 bedroom 2 bathroom home features fresh paint, new tile backsplash, hardwood floors, luxury master bathroom, high ceilings, crown molding and more. In addition, this condo offers plenty of space to entertain and King Farm living at its best. Enjoy the easy access to King Farm shopping, restaurants and local conveniences. Enjoy the community features that include free shuttle to metro, 2 pools, walking paths, dog park, recreation areas, fitness room, and club house. Easy access to Metro, 270, 370 and the ICC.

Last Agent to Sell the Property

Franco Saladino

Long & Foster Real Estate, Inc. Listed on: 05/20/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Betty Tang

RE/MAX Town Center License #325270

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 2003

Lot Details

  • 1,394

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,468 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • City Views
  • Laundry Room

Kitchen

  • Breakfast Room
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • 2 Assigned Parking Spaces
  • Fenced Parking

Additional Features

  • Accessible Elevator Installed
  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160403402928
  • $171 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, pool(s), recreation facility, sewer, snow removal, trash, water, bus service, common area maintenance
  • Low-Rise Condominium
  • King Farm Villag Community
  • King Farm Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Elevator

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,685

Year Built

Built in 2003

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-05-20
  • Federal Flood Zone: No
  • Year Built: 2003
  • Remarks Public: Beautiful light filled, well maintained, open floor plan, corner unit in King Farm. This 2 bedroom 2 bathroom home features fresh paint, new tile backsplash, hardwood floors, luxury master bathroom, high ceilings, crown molding and more. In addition, this condo offers plenty of space to entertain and King Farm living at its best. Enjoy the easy access to King Farm shopping, restaurants and local conveniences. Enjoy the community features that include free shuttle to metro, 2 pools, walking paths, dog park, recreation areas, fitness room, and club house. Easy access to Metro, 270, 370 and the ICC.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Chair Railings, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Pantry, Stall Shower, Upgraded Countertops, Wood Floors, Window Treatments
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 279.22
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 803

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
  • Roof: Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, Fenced
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 492.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Community Center, Elevator, Fitness Center, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Recreation Facility, Sewer, Snow Removal, Trash, Water, Bus Service, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 238000.00
  • Land Assessed Value: 102000.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14090042
  • Tax Annual Amount: 4685.00
  • Assessor Parcel Number: 160403402928
  • Tax Total Finished Sq Ft: 1468
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/09/2019

Multi Family

  • Front Foot Fee: 170.56

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 9, 2019
Sold by
Lieberman Bryan J and Lieberman Carrie Lynn Carlson
Bought by
Li Yang Q
Seller's Agent
Franco Saladino
Long & Foster Real Estate, Inc.
Buyer's Agent
Betty Tang
RE/MAX Town Center
List Price
$419,900
Sold Price
$399,000
Premium/Discount to List
-$20,900
-4.98%
Current Estimated Value
$496,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,737
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Lieberman Bryan and Lieberman Bryan J
Bought by
Lieberman Bryan J and Lieberman Carrie Lynn Carlson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2008
Sold by
Reich Barry D
Bought by
Lieberman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,800
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2008
Sold by
Reich Barry D
Bought by
Lieberman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,800
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Knicley Marsha
Bought by
Reich Barry D

Purchase Details

Closed on
Jun 17, 2003
Sold by
Centex Homes
Bought by
Knicley Marsha
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
Li Yang Q $399,000 Paradigm Title & Escrow Llc
Lieberman Bryan J -- First American Title Ins Co
Lieberman Bryan $400,000 --
Lieberman Bryan $400,000 --
Reich Barry D $395,000 --
Knicley Marsha $281,415 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lieberman Bryan J $361,000
Previous Owner Lieberman Bryan J $391,511
Previous Owner Lieberman Bryan $393,800
Previous Owner Lieberman Bryan $393,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $399,000 -2.7% $272 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $409,900 -2.4% $279 / Sq Ft
05/21/2019 05/21/19 For Sale $419,900 -- $286 / Sq Ft
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 $5,581 $433,333 -- --
2024 $5,581 $411,667 $0 $0
2023 $5,957 $390,000 $117,000 $273,000
2022 $4,384 $373,333 $0 $0
2021 $4,186 $356,667 $0 $0
2020 $7,912 $340,000 $102,000 $238,000
2019 $2,331 $340,000 $102,000 $238,000
2018 $4,686 $340,000 $102,000 $238,000
2017 $4,029 $350,000 $0 $0
2016 $3,735 $333,333 $0 $0
2015 $3,735 $316,667 $0 $0
2014 $3,735 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC659538

Bright MLS

APN: 04-03402928