$608,000
SOLD NOV 25, 2024

The Fallswood 5802 Nicholson Ln Unit 2206 Rockville, MD 20852

2 Beds
2 Baths
1,290 Sq Ft
$1,111/mo HOA Fee

Recently Sold

$471 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Garrett Park Elementary School Rated A
  • Rooftop Deck
  • 4-minute walk to Wall Local Park

About This Home

As of November 2024

Please use GCAAR contract and offer cover sheet when submitting offer.

OFFER DEADLINE Wednesday, 11/13/24 at 4:00 pm.


What's special about this condo?

-Rarely available corner unit with a private 30' x 12' terrace AND an additional balcony

-Spacious layout with walk-in closets

-Expansive community terrace level with seating areas, grills, beautiful plantings and tennis court.

-Sparking outdoor pool with inviting sundeck

Welcome to The Fallswood Condominiums, where you'll discover the epitome of luxury living in this meticulously maintained two-bedroom, two-bathroom condo, where luxury and convenience come together to create an extraordinary living experience in the heart of North Bethesda. Walk through the oversized foyer of this beautiful home and immediately feel welcomed by its inviting atmosphere, a thoughtful open floor plan, spacious layout, and sunlight that greets you at the front door.

Adjacent to the open living and dining areas, you can relax or host a gathering of friends and family on your own unique private outdoor terrace, adding 360 sq. feet to your living space overlooking the pool. A charming private balcony provides an additional spot to unwind, whether you’re enjoying your morning coffee or soaking in stunning sunsets. The king-sized primary bedroom is flooded with natural light and features two closets, including a sizable walk-in closet, creating a peaceful haven for rest and relaxation. With the added benefits of garage parking, a private storage space, in-unit washer/dryer with cabinetry and a pet-friendly environment, this residence offers the ultimate in luxury, convenience and comfort.

The Fallswood Condominiums elevates everyday living with a host of premium amenities, including 24-hour front desk service, a sparkling seasonal pool, tennis courts, a fully equipped health club, and an expansive community terrace area, perfect for grilling, lounging, or enjoying time with friends. Additional features include a BBQ area, indoor bike storage, a library, a party room, onsite management, and gated security for peace of mind.

Ideally located within walking distance of Whole Foods, the vibrant Pike & Rose district, and the North Bethesda Metro, you'll have a wealth of dining, shopping, and entertainment options just steps away. Grab a fresh pastry, catch a movie, or enjoy a fun night out. Everthing you need is right at your doorstep.

Don’t miss this opportunity to own this rarely-available, unique home in one of the most desirable locations in North Bethesda. The Fallswood is the perfect blend of modern luxury and walkable convenience, offering a tranquil retreat in the midst of it all. Your dream home awaits—schedule a tour today and experience everything this exceptional residence has to offer!

Last Agent to Sell the Property

Laura Bach

Compass License #673032

Compass

Co-Listed By

Carmen Fontecilla

Compass

Last Buyer's Agent

VJ Derbarghamian

Compass License #0225223795

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1985

Lot Details

  • Extensive Hardscape

HOA Fees

  • $1,111 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,290 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Sliding Windows
  • Window Screens
  • Combination Dining and Living Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Accessible Home Design

  • Low Bathroom Mirrors
  • Grab Bars
  • Doors swing in
  • No Interior Steps
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Rooftop Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160402545100

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), snow removal, trash, water, sewer, reserve funds
  • High-Rise Condominium
  • The Fallswood Codm Subdivision

Amenities

  • Concierge
  • Common Area
  • Sauna
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,139

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,111 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In, Grab Bars Mod, Level Entry - Main, Low Bathroom Mirrors, Low Pile Carpeting, No Stairs
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Remarks Public: Please use GCAAR contract and offer cover sheet when submitting offer. OFFER DEADLINE Wednesday, 11/13/24 at 4:00 pm. What's special about this condo? -Rarely available corner unit with a private 30' x 12' terrace AND an additional balcony -Spacious layout with walk-in closets -Expansive community terrace level with seating areas, grills, beautiful plantings and tennis court. -Sparking outdoor pool with inviting sundeck Welcome to The Fallswood Condominiums, where you'll discover the epitome of luxury living in this meticulously maintained two-bedroom, two-bathroom condo, where luxury and convenience come together to create an extraordinary living experience in the heart of North Bethesda. Walk through the oversized foyer of this beautiful home and immediately feel welcomed by its inviting atmosphere, a thoughtful open floor plan, spacious layout, and sunlight that greets you at the front door. Adjacent to the open living and dining areas, you can relax or host a gathering of friends and family on your own unique private outdoor terrace, adding 360 sq. feet to your living space overlooking the pool. A charming private balcony provides an additional spot to unwind, whether you’re enjoying your morning coffee or soaking in stunning sunsets. The king-sized primary bedroom is flooded with natural light and features two closets, including a sizable walk-in closet, creating a peaceful haven for rest and relaxation. With the added benefits of garage parking, a private storage space, in-unit washer/dryer with cabinetry and a pet-friendly environment, this residence offers the ultimate in luxury, convenience and comfort. The Fallswood Condominiums elevates everyday living with a host of premium amenities, including 24-hour front desk service, a sparkling seasonal pool, tennis courts, a fully equipped health club, and an expansive community terrace area, perfect for grilling, lounging, or enjoying time with friends. Additional features include a BBQ area, indoor bike storage, a library, a party room, onsite management, and gated security for peace of mind. Ideally located within walking distance of Whole Foods, the vibrant Pike & Rose district, and the North Bethesda Metro, you'll have a wealth of dining, shopping, and entertainment options just steps away. Grab a fresh pastry, catch a movie, or enjoy a fun night out. Everthing you need is right at your doorstep. Don’t miss this opportunity to own this rarely-available, unique home in one of the most desirable locations in North Bethesda. The Fallswood is the perfect blend of modern luxury and walkable convenience, offering a tranquil retreat in the midst of it all. Your dream home awaits—schedule a tour today and experience everything this exceptional residence has to offer!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Pantry, Sprinkler System, Walk-In Closet(s), Wood Floors
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1290
  • Living Area Sq Ft: 1290
  • Price Per Sq Ft: 453.49
  • Above Grade Finished Sq Ft: 1290
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5802

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
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Roof Deck
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Additional Storage Area, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1111.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Gated Community, Library, Pool - Outdoor, Party Room, Sauna, Security, Spa, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Snow Removal, Trash, Water, Sewer, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: TSR
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 5139.00
  • Assessor Parcel Number: 160402545100
  • Tax Total Finished Sq Ft: 1290
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/25/2024

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

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $608,000 +3.9% $471 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $585,000 -- $453 / 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 $5,139 $443,333 $0 $0
2023 $4,065 $410,000 $123,000 $287,000
2022 $3,251 $403,333 $0 $0
2021 $3,713 $396,667 $0 $0
2020 $1,820 $390,000 $117,000 $273,000
2019 $3,637 $390,000 $117,000 $273,000
2018 $3,645 $390,000 $117,000 $273,000
2017 $3,139 $390,000 $0 $0
2016 -- $380,000 $0 $0
2015 $3,274 $370,000 $0 $0
2014 $3,274 $360,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $679,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $608,000 Commonwealth Land Title
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2155372

Bright MLS

APN: 04-02545100