$504,800
SOLD FEB 25, 2025

500 King Farm Blvd Unit 208 Rockville, MD 20850

King Farm Neighborhood
3 Beds
2 Baths
1,742 Sq Ft
$489/mo HOA Fee

Recently Sold

$290 Per Sq Ft

7% Below List Price

60 Days on Market

Highlights

  • Fitness Center
  • Upgraded Countertops
  • Tennis Courts
  • Traditional Floor Plan
  • Community Pool
  • Party Room

About This Home

As of February 2025

Welcome to this stunning 3-bedroom, 2-bathroom condo in the highly sought-after King Farm community, offering over 1,700 square feet of bright, spacious living. The expansive living room features a gas fireplace and sliding glass doors that open to a private balcony—perfect for relaxing while enjoying a cup of coffee or a good book. Just off the living room is the formal dining room, adorned with crown and chair molding makes for the perfect setting for entertaining. Move-in ready kitchen boasts granite countertops, plentiful cabinetry, gas cooking, breakfast bar - all complemented by an adjacent breakfast nook for casual dining. Retreat to the primary suite with two large walk-in closets featuring custom organizers. The en-suite bath offers a spa-like experience with a soaking tub and a separate glass-enclosed shower. Two additional generously sized bedrooms with ample closet space and hall bathroom add flexibility and functionality. Enjoy the convenience of an in-unit laundry room with extra storage and an additional private storage closet. Off-street parking with two community parking stickers. Set within an amenity-rich community situated on 12-acres with baseball and soccer filed, basketball and tennis courts, BBQ areas with picnic tables and playgrounds! You are also just steps from shopping, dining, gyms, parks, and moments away from the ICC and I-270 for easy commuting. Don't miss your chance to own this beautiful home in a vibrant and convenient community! FHA, VA and Conventional Approved Financing

Last Agent to Sell the Property

Temi Akojie

Keller Williams Capital Properties License #633928

Keller Williams Capital Properties

Last Buyer's Agent

Michelle Han

Samson Properties License #SP200202235

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 2001

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,742 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Surface Parking
  • Parking Permit Included

Schools

  • Washington Grove Elementary School
  • Gaithersburg Middle School
  • Gaithersburg High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • No Interior Steps
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160403341088
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include pool(s), recreation facility, bus service, snow removal, trash, water, sewer
  • King Farm HOA
  • Low-Rise Condominium
  • Council Of Unit Owners Of King Farm Two Condominiu Condos
  • King Farm Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Party Room
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,745

Year Built

Built in 2001

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-11-29
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this stunning 3-bedroom, 2-bathroom condo in the highly sought-after King Farm community, offering over 1,700 square feet of bright, spacious living. The expansive living room features a gas fireplace and sliding glass doors that open to a private balcony—perfect for relaxing while enjoying a cup of coffee or a good book. Just off the living room is the formal dining room, adorned with crown and chair molding makes for the perfect setting for entertaining. Move-in ready kitchen boasts granite countertops, plentiful cabinetry, gas cooking, breakfast bar - all complemented by an adjacent breakfast nook for casual dining. Retreat to the primary suite with two large walk-in closets featuring custom organizers. The en-suite bath offers a spa-like experience with a soaking tub and a separate glass-enclosed shower. Two additional generously sized bedrooms with ample closet space and hall bathroom add flexibility and functionality. Enjoy the convenience of an in-unit laundry room with extra storage and an additional private storage closet. Off-street parking with two community parking stickers. Set within an amenity-rich community situated on 12-acres with baseball and soccer filed, basketball and tennis courts, BBQ areas with picnic tables and playgrounds! You are also just steps from shopping, dining, gyms, parks, and moments away from the ICC and I-270 for easy commuting. Don't miss your chance to own this beautiful home in a vibrant and convenient community! FHA, VA and Conventional Approved Financing
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Bathroom - Soaking Tub, Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1742
  • Living Area Sq Ft: 1742
  • Price Per Sq Ft: 292.77
  • Above Grade Finished Sq Ft: 1742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: No
  • Parking Features: Permit Included, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 489.08
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Council of Unit Owners of King Farm Two Condominiu
  • HOA Condo Co-Op Amenities: Basketball Courts, Exercise Room, Fitness Center, Jog/Walk Path, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Bus Service, Snow Removal, Trash, Water, Sewer
  • HOA Name: KING FARM
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WASHINGTON GROVE
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: WASHINGTON GROVE
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Number Limit, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6745.00
  • Assessor Parcel Number: 160403341088
  • Tax Total Finished Sq Ft: 1742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/25/2025

Multi Family

  • Front Foot Fee: 164.84

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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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
02/25/2025 02/25/25 Sold $504,800 -1.0% $290 / Sq Ft
01/21/2025 01/21/25 Price Changed $509,998 -2.9% $293 / Sq Ft
12/30/2024 12/30/24 Price Changed $525,000 -3.7% $301 / Sq Ft
11/29/2024 11/29/24 For Sale $545,000 +5.8% $313 / Sq Ft
02/26/2024 02/26/24 Sold $515,000 0.0% $296 / Sq Ft
01/19/2024 01/19/24 For Sale $515,000 -- $296 / Sq Ft
Source: Bright MLS

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 $6,745 $490,000 $0 $0
2023 $5,691 $465,000 $139,500 $325,500
2022 $5,717 $443,333 $0 $0
2021 $4,985 $421,667 $0 $0
2020 $9,376 $400,000 $120,000 $280,000
2019 $4,704 $400,000 $120,000 $280,000
2018 $4,732 $400,000 $120,000 $280,000
2017 $4,719 $400,000 $0 $0
2016 $4,227 $386,667 $0 $0
2015 $4,227 $373,333 $0 $0
2014 $4,227 $360,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,560 New Conventional
Closed $479,560 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $350,400 New Conventional
Previous Owner $374,710 FHA
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $504,800 Fidelity National Title
Deed $504,800 Fidelity National Title
Deed $515,000 First Class Title
Deed $440,000 --
Deed $217,595 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2156596

Bright MLS

APN: 04-03341088