Seller's Agent in 2024
Saji Sebastian
RE/MAX
(240) 498-5327
2 in this area
100 Total Sales
503 King Farm Blvd Unit 203 Rockville, MD 20850
King Farm NeighborhoodEstimated Value: $596,000 - $617,000
3
Beds
2
Baths
1,703
Sq Ft
$769/mo
HOA Fee
Highlights
- Gourmet Kitchen
- Clubhouse
- Community Pool
- Colonial Architecture
- Wood Flooring
- Jogging Path
About This Home
As of December 2024Welcome to this stunning and light-filled 2nd floor unit in Rockville's highly sought-after King Farm Community. This 3-bedroom 2 full bath meticulously maintained gem also features full size washer and dryer, 9 ft. ceilings, recessed lighting, and crown molding. Spacious sun-drenched living room is ideal for everyday activities and entertaining. Lovely balcony accessed from living room and is the perfect spot for morning coffee or all-day relaxing. Formal dining room grants amazing space to host dinner parties or simply enjoy a quiet casual meal. Sparkling and functional kitchen has plenty of space to prep meals and cook with ease and relax into the cozy family room with lots of light. Retreat to the primary suite with 2 walk- in closets and private bath with two sinks, soaking tub and shower. Other two bedrooms are also of good size, plenty of natural light and with closets. Attached 1 car garage gives easy entry into the building and a 1 car driveway. In addition to all the closet spaces in the unit, it also has an additional storage (S-9)next to the garage ( G-9) The other spot is in the rear parking lot with convenient access to the rear lobby. Tastefully decorated lobby is an impressive welcome for you and your guests. Delight in all of King Farm's amenities including a clubhouse, two outdoor swimming pools, lighted tennis courts, basketball courts, softball fields, playgrounds, dog park, and a fitness studio. Across the street is King Farm Village Center where you will relish in shopping, casual eateries, fine dining, and Safeway. Free Shuttle to Shady Grove Metro! Truly a commuter's dream - only minutes to I-270, I-370, ICC, and Rte. 355.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,280
Year Built
- Built in 2004
Lot Details
- 915
HOA Fees
- $769 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Front
Interior Spaces
- 1,703 Sq Ft Home
- Property has 1 Level
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Fireplace Mantel
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
Listing and Financial Details
- Assessor Parcel Number 160403434968
Community Details
Overview
- Association fees include snow removal, trash, water
- Low-Rise Condominium
- King Farm Subdivision
- Property Manager
Amenities
- Common Area
- Clubhouse
- Community Center
- Elevator
Recreation
- Community Pool
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Dec 16, 2024
Sold by
Lynn Ann Masiello Revocable Trust and Masiello Lynn Ann
Bought by
Hoffman Harold L and Kremidas Hoffman Kathleen
Seller's Agent
Saji Sebastian
RE/MAX Town Center
Buyer's Agent
Andrew Hopley
Keller Williams Realty Centre
List Price
$620,000
Sold Price
$595,000
Premium/Discount to List
-$25,000
-4.03%
Total Days on Market
22
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,051
Avg. Annual Appreciation
4.03%
Original Mortgage
$446,250
Outstanding Balance
$445,806
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$157,245
Purchase Details
Closed on
Feb 14, 2012
Sold by
Masiello Lynn A
Bought by
Masiello Lynn Ann and Lynn Ann Masiello Revocable Tr
Purchase Details
Closed on
Jul 1, 2009
Sold by
Lin Paula
Bought by
Masiello Lynn M
Purchase Details
Closed on
Aug 6, 2004
Sold by
Ba King Four Llc
Bought by
Lin Paula
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoffman Harold L | $595,000 | Assurance Title | |
| Hoffman Harold L | $595,000 | Assurance Title | |
| Masiello Lynn Ann | -- | None Available | |
| Masiello Lynn M | $402,000 | -- | |
| Lin Paula | $340,177 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoffman Harold L | $446,250 | |
| Closed | Hoffman Harold L | $446,250 | |
| Previous Owner | Lin Paula | $142,500 | |
| Previous Owner | Lin Paula T | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $595,000 | -4.0% | $349 / Sq Ft |
| 10/28/2024 10/28/24 | For Sale | $620,000 | 0.0% | $364 / Sq Ft |
| 10/25/2024 10/25/24 | Off Market | $620,000 | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $620,000 | -- | $364 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,280 | $468,333 | $0 | $0 |
| 2023 | $6,206 | $465,000 | $139,500 | $325,500 |
| 2022 | $5,717 | $443,333 | $0 | $0 |
| 2021 | $4,980 | $421,667 | $0 | $0 |
| 2020 | $9,366 | $400,000 | $120,000 | $280,000 |
| 2019 | $4,699 | $400,000 | $120,000 | $280,000 |
| 2018 | $4,727 | $400,000 | $120,000 | $280,000 |
| 2017 | $4,669 | $400,000 | $0 | $0 |
| 2016 | $3,975 | $383,333 | $0 | $0 |
| 2015 | $3,975 | $366,667 | $0 | $0 |
| 2014 | $3,975 | $350,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Saji Sebastian
-
Andrew Hopley
Buyer's Agent in 2024
Andrew Hopley
Keller Williams Realty Centre
(301) 275-2352
1 in this area
476 Total Sales
Map
Similar Homes in Rockville, MD
Source: Bright MLS
MLS Number: MDMC2150440
APN: 04-03434968
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