Residences of Fallsgrove 701 Fallsgrove Dr Unit 408 Rockville, MD 20850
West Rockville NeighborhoodEstimated payment $9,519/month
Total Views
14,714
4
Beds
3.5
Baths
3,119
Sq Ft
$426
Price per Sq Ft
Highlights
- Fitness Center
- Penthouse
- Contemporary Architecture
- Ritchie Park Elementary School Rated A
- Clubhouse
- 3-minute walk to Fallsgrove Park
About This Home
New price! Step into a lifestyle of sophistication and elegance with this rarely available penthouse corner unit! Offering breathtaking views of lush parkland from two private balconies, this extraordinary home is nestled in one of the most prestigious luxury (elevator accessible) condo buildings, complete with impeccable amenities - everything you need to enjoy the best of both indoor and outdoor living. Boasting the largest floor plan available, this residence is a one-of-a-kind gem, featuring new Thompson Creek windows that flood the home with natural light. The intricate custom woodwork, custom blinds and drapery, unique built-ins, and wine storage add timeless charm and functionality, while the hardwood floors throughout create a warm, cohesive ambiance. Perfect for entertaining, this home offers a formal living room and dining room as well as an eat in kitchen and den. The open, inviting layout flows effortlessly from one space to the next. The gourmet kitchen is a true showstopper, featuring ample granite counter space, a huge center island, double oven, under cabinet lighting and stylish cabinetry. Two HVAC systems and two tankless water heaters add an extra layer of comfort to your daily routine. You'll appreciate the convenience of two separately deeded private garage parking spaces and two deeded storage units. Enjoy exclusive access to the community’s clubhouse, pool, and fitness center, or take a stroll across the street to Fallsgrove Park, a stunning 30-acre retreat with nature trails, tennis courts, playgrounds, and a community garden. With the Fallsgrove Village Center just steps away, you'll have shopping, dining, and entertainment right at your fingertips. This pet-friendly building welcomes up to two pets, making it a perfect fit for those seeking a luxurious home with all the conveniences of modern living. Located just off I-270, this sought-after location offers a rare opportunity to own a truly exceptional property.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,753
Year Built
- Built in 2003
HOA Fees
- $1,199 Monthly HOA Fees
Parking
- 2 Garage Spaces | 1 Attached and 1 Detached
- 1 Attached Carport Space
- Garage Door Opener
- Parking Space Conveys
- Secure Parking
Home Design
- Penthouse
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 3,119 Sq Ft Home
- Property has 1 Level
- Recessed Lighting
- 2 Fireplaces
- Electric Fireplace
- Double Pane Windows
- Window Treatments
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Park or Greenbelt Views
Kitchen
- Eat-In Kitchen
- Built-In Double Oven
- Stove
- Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Wine Rack
- Compactor
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
Listing and Financial Details
- Assessor Parcel Number 160403430072
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water, recreation facility
- Low-Rise Condominium
- Codm Residences Ii Of Fallsgrove Condos
- Fallsgrove Subdivision
- Property Manager
Amenities
- Clubhouse
- Party Room
- Community Storage Space
Recreation
- Community Playground
- Jogging Path
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Map
About Residences of Fallsgrove
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Home Values in the Area
Average Home Value in this Area
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 | $10,753 | $800,000 | $240,000 | $560,000 |
| 2023 | $11,619 | $817,000 | $245,100 | $571,900 |
| 2022 | $10,463 | $811,333 | $0 | $0 |
| 2021 | $9,833 | $805,667 | $0 | $0 |
| 2020 | $9,728 | $800,000 | $240,000 | $560,000 |
| 2019 | $9,415 | $773,333 | $0 | $0 |
| 2018 | $9,122 | $746,667 | $0 | $0 |
| 2017 | $9,073 | $720,000 | $0 | $0 |
| 2016 | -- | $720,000 | $0 | $0 |
| 2015 | $8,936 | $720,000 | $0 | $0 |
| 2014 | $8,936 | $750,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Price Changed | $1,330,000 | -6.3% | $426 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $1,420,000 | -5.3% | $455 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $1,500,000 | -- | $481 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Deed | $657,251 | -- |
Source: Public Records
Similar Home in the area
Source: Bright MLS
MLS Number: MDMC2161080
APN: 04-03430072
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