$449,000

531 Lawson Way Unit 108 Rockville, MD 20850

King Farm Neighborhood

Estimated payment $3,433/month

Total Views 10,727
2 Beds
2 Baths
1,322 Sq Ft
$340 Price per Sq Ft

Highlights

  • Transportation Service
  • Traditional Architecture
  • Community Pool
  • Open Floorplan
  • 1 Fireplace
  • Community Center

About This Home

Beautifully remodeled King Farm ground unit condo. This unit can be sold furnished. The owner remodeled the home and lived here one week out of the month for the past few years, it is in great condition. Very quiet location within the building and quiet street. Very nice location within the neighborhood, close to parks, shopping & dinning.

Listing Agent

Daniel Love

Holton Hills Realty LLC License #656001

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 2001

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,322 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403357984

Community Details

Overview

  • Association fees include water
  • Low-Rise Condominium
  • King Farm Two Baileys Co Community
  • King Farm Subdivision

Amenities

  • Transportation Service
  • Common Area
  • Community Center

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,991

Year Built

Built in 2001

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-30
  • Federal Flood Zone: No
  • Year Built: 2001
  • Remarks Public: Beautifully remodeled King Farm ground unit condo. This unit can be sold furnished. The owner remodeled the home and lived here one week out of the month for the past few years, it is in great condition. Very quiet location within the building and quiet street. Very nice location within the neighborhood, close to parks, shopping & dinning.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Kitchen - Table Space, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1322
  • Living Area Sq Ft: 1322
  • Price Per Sq Ft: 339.64
  • Above Grade Finished Sq Ft: 1322
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

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: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: Yes
  • Condo Co-Op Fee: 599.49
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Common Grounds, Pool - Outdoor, Transportation Service
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Unknown

Schools

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

Lot Info

  • Land Use Code: 011
  • Zoning: CPD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3991.33
  • Assessor Parcel Number: 160403357984
  • Tax Year: 2024

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

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 $3,991 $283,333 $0 $0
2023 $4,488 $270,000 $81,000 $189,000
2022 $3,004 $270,000 $81,000 $189,000
2021 $3,710 $270,000 $81,000 $189,000
2020 $3,699 $270,000 $81,000 $189,000
2019 $3,709 $270,000 $81,000 $189,000
2018 $3,729 $270,000 $81,000 $189,000
2017 $4,199 $310,000 $0 $0
2016 $3,899 $296,667 $0 $0
2015 $3,899 $283,333 $0 $0
2014 $3,899 $270,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $449,000 +26.5% $340 / Sq Ft
01/14/2022 01/14/22 Sold $355,000 0.0% $269 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/10/2021 12/10/21 Price Changed $355,000 -2.6% $269 / Sq Ft
10/29/2021 10/29/21 Price Changed $364,500 -4.1% $276 / Sq Ft
09/23/2021 09/23/21 For Sale $379,900 -- $287 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $330,000 --
Deed $330,000 --
Deed $347,000 --
Deed $347,000 --
Deed $162,758 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,500 Purchase Money Mortgage
Closed $214,500 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2172162

Bright MLS

APN: 04-03357984