NOT LISTED FOR SALE

Estimated Value: $484,000 - $547,000

4 Beds
3 Baths
1,388 Sq Ft
$375/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $480,000 $346 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,342/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Parking Storage or Cabinetry
  • Maryvale Elementary School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2024

**Investor Alert!** NO HOA! Rare chance to build your dream home on flat land! This corner lot property is being sold AS-IS, WHERE-IS, encompassing two lots: this Lot 40 (201 Virginia Ave) and next Lot 39 (203 Virginia Ave. With over 12,350 square feet of combined land, you have the potential to tear down the existing structure and build two new homes—tons of possibilities. Public utilities are already in place, and the buyer is responsible for obtaining permits and verifying zoning, building, and use restrictions. The existing detached home features 4 bedrooms and 3 baths, making it a fantastic opportunity for a complete rehab project and the chance to gain sweat equity. **Prime Build Opportunity!** The lots at 201 Virginia Ave and 203 Virginia Ave must be sold together. Seize this rare opportunity to develop two adjacent lots in a highly sought-after location. Prime location: just a 1-minute walk to the bus stop, a 5-minute walk to Rockville Metro & MARC Station, and a 10-minute walk to downtown Rockville Town Center & Regal Theater. Don't miss out on this incredible investment with endless possibilities! Priced to sell in the highly desirable Rockville area! LOCATION, LOCATION, LOCATION!

Last Listed By

Choon Neoh

Realty ONE Group Capital License #SP200203923 Listed on: 10/01/2024

Realty ONE Group Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1928

Lot Details

  • 6,267 Sq Ft Lot
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 2 Levels
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • Rockville High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Croydon Park Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 160403852902

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,259

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: AS-IS Sale; The trailer next to the garage isn't included, will be removed before settlement
  • Historic: No
  • Inclusions: AS-IS Sale
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: **Investor Alert!** NO HOA! Rare chance to build your dream home on flat land! This corner lot property is being sold AS-IS, WHERE-IS, encompassing two lots: this Lot 40 (201 Virginia Ave) and next Lot 39 (203 Virginia Ave. With over 12,350 square feet of combined land, you have the potential to tear down the existing structure and build two new homes—tons of possibilities. Public utilities are already in place, and the buyer is responsible for obtaining permits and verifying zoning, building, and use restrictions. The existing detached home features 4 bedrooms and 3 baths, making it a fantastic opportunity for a complete rehab project and the chance to gain sweat equity. **Prime Build Opportunity!** The lots at 201 Virginia Ave and 203 Virginia Ave must be sold together. Seize this rare opportunity to develop two adjacent lots in a highly sought-after location. Prime location: just a 1-minute walk to the bus stop, a 5-minute walk to Rockville Metro & MARC Station, and a 10-minute walk to downtown Rockville Town Center & Regal Theater. Don't miss out on this incredible investment with endless possibilities! Priced to sell in the highly desirable Rockville area! LOCATION, LOCATION, LOCATION!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Laundry Type: Main Floor
  • Total Sq Ft: 1388
  • Living Area Sq Ft: 1388
  • Price Per Sq Ft: 396.18
  • Above Grade Finished Sq Ft: 1388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Asphalt Driveway
  • Garage Features: Additional Storage Area, Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Refuse: 519.15
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6267.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2024
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5259.00
  • Assessor Parcel Number: 160403852902
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/25/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 25, 2024
Sold by
Mak Wing K
Bought by
Garg Priti Roopali and Aggarwal Sunita
Seller's Agent
Choon Neoh
Realty ONE Group Capital
Buyer's Agent
Hardeep Sran
Samson Properties
List Price
$549,900
Sold Price
$480,000
Premium/Discount to List
-$69,900
-12.71%
Total Days on Market
11
Views
122
Current Estimated Value
$520,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,269
Avg. Annual Appreciation
17.48%

Purchase Details

Closed on
Feb 22, 2021
Sold by
Mak Wing K
Bought by
Mak Wing K

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

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $480,000 -12.7% $346 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $549,900 -- $396 / 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
2024 $5,259 $341,000 $0 $0
2023 $5,662 $324,300 $242,500 $81,800
2022 $4,147 $324,300 $242,500 $81,800
2021 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2150482

Bright MLS

APN: 04-03852902