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Sold for $542,000
  • $542,000

    502 King Farm Blvd APT 402, Rockville, MD 20850

    2beds
    1,641sqft
    Townhouse
    Built in 2001
    -- sqft lot
    $510,200 Zestimate®
    $330/sqft
    $3,075 Estimated rent

    Home value

    $510,200

    $485,000 - $536,000

    $3,075/mo

    Zestimate® history
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    What's special

    Top-floor corner locationWelcoming family roomBrand-new carpetGleaming hardwood floorsAll-new light fixturesAbundant natural lightPrivate balcony
    Bright & Spacious Top-Floor Corner Condo in King Farm! This sun-filled 2-bedroom, 2-bath condo boasts a desirable top-floor corner location with abundant natural light and a thoughtfully designed floor plan. Step inside to gleaming hardwood floors in the foyer, leading to a cozy living room with brand-new carpet and sliding glass doors that open to a private balcony—perfect for enjoying morning coffee or evening relaxation. The spacious kitchen features a breakfast nook, gas stove, and opens to a welcoming family room with a fireplace. A separate dining room provides an elegant space for meals and gatherings. The large primary suite includes two closets—one walk-in and one reach-in—as well as an ensuite bath. Recent Updates: - Brand-new dishwasher - Fresh paint throughout - New carpet in all living areas - All-new light fixtures Located in a secure elevator building, this home also includes a private storage room on the first floor and convenient parking in the lot at the rear entrance. Prime Location & Community Amenities: - Community pools & clubhouse - Fitness center - Shuttle service - King Farm Park & Mattie J.T. Stepanek Park -Walk to King Farm Village Center for shopping, dining, and groceries -Easy access to I-270 & ICC for commuting Don’t miss this fantastic opportunity to live in one of Rockville’s most sought-after communities! Pets are welcome. Storage Unit #4 on the lobby level. For showings park in the lot in the back and enter lobby through the entrance at the back of the building. Note: Shower head in primary bathroom will be replaced on Monday

    Zillow last checked:

    Listing updated:

    Listed by:

    Janette Coffee 571-331-0718,

    Redfin Corp

    Bought with:

    Lorraine Gottlieb, SP101806

    RE/MAX Realty Services

    Source: Bright MLS,MLS#: MDMC2157496MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Programmable Thermostat, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,641
    • Total interior livable area: 1,641 sqft
    • Finished area above ground: 1,641
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160403350174
    • Zoning: CPD1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Other
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $530 monthly
    • Subdivision: King Farm Baileys Common
    HOA
    • Has HOA: No
    • Amenities included: Recreation Facilities
    • Services included: Trash, Maintenance Structure, Snow Removal, Maintenance Grounds, Recreation Facility
    Location
    • Region: Rockville
    • Municipality: City of Rockville

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $400,000
    • Annual tax amount: $5,547
    • Date on market: 2/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/27/2025Sold$542,000+8.4%$330/sqft
    Source: Bright MLS #MDMC2157496 Report a problem
    3/2/2025Contingent$500,000$305/sqft
    Source: Bright MLS #MDMC2157496 Report a problem
    2/28/2025Listed for sale$500,000+144.3%$305/sqft
    Source: Bright MLS #MDMC2157496 Report a problem
    10/30/2001Sold$204,649$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,655 +6.2%$420,000 +5%
    2024$5,326 +5.7%$400,000 +5.3%
    2023$5,037 +2.8%$380,000
    2022$4,900 -0.4%$380,000
    2021$4,923 +0.3%$380,000
    2020$4,908 +3.3%$380,000
    2019$4,751 -0.5%$380,000 +3.6%
    2018$4,777 -0.8%$366,667 +1.9%
    2017$4,813 +3.1%$360,000 +3.8%
    2016$4,666 $346,667 +4%
    2015$4,666 $333,333 +4.2%
    2014$4,666 $320,000
    2013-- $320,000
    2012-- $320,000 -8.6%
    2011-- $350,000
    2010-- $350,000
    2009-- $350,000 -5.4%
    2008-- $370,000 +12.7%
    2007-- $328,332 +14.5%
    2006-- $286,666 +17%
    2005-- $245,000 +10.4%
    2004-- $222,000
    2003-- $222,000 +26.1%
    2002-- $176,000
    Find assessor info on the county website

    Neighborhood: King Farm

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Montgomery County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $510,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $510,200