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Sold for $459,000
  • $459,000

    531 Lawson Way APT 202, Rockville, MD 20850

    2beds
    1,660sqft
    Condominium
    Built in 2001
    -- sqft lot
    $477,000 Zestimate®
    $277/sqft
    $2,959 Estimated rent

    Home value

    $477,000

    $453,000 - $501,000

    $2,959/mo

    Zestimate® history
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    What's special

    Defined spacesAmple spaceDelightful viewsSuperb office spaceNatural lightLarge windowsOpen layout
    Welcome to this exceptional 2-bedroom corner unit in the highly sought-after King Farm community in Rockville, MD. This condo offers a delightful combination of comfort, convenience, and flexibility to suit various lifestyle requirements. The bedrooms in this condo are generously sized, providing ample space for relaxation and personalization. You'll have plenty of room for your furniture and décor to create a cozy and comfortable retreat. The 1660 Sqft floor plan is thoughtfully designed to cater to different lifestyles. Whether you prefer an open layout for entertaining or defined spaces for privacy, this condo accommodates it all. There's also a superb office space or den, allowing you to work from home comfortably. Prior to listing, the entire condo has been fully repainted, giving it a fresh and modern look. You can move in with peace of mind, knowing that the property has been meticulously prepared for its new owners. As you enter the building, you'll be greeted by a warm and inviting foyer that sets the tone for the rest of this charming condo. It's a testament to the care and maintenance put into this property. Being a corner unit, this condo is showered with natural light from multiple sides, creating a bright and cheerful living space. The large windows not only illuminate the interior but also offer delightful views of the surrounding neighborhood. This condo in King Farm is truly a gem, offering not only the practicality of a well-maintained home but also the comfort and flexibility to suit your unique lifestyle. An additional benefit is that this property is VA assumable.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARK COWAN 202-476-9790,

    Compass

    Bought with:

    James Ray Taylor III, 5002355

    EXP Realty, LLC

    Source: Bright MLS,MLS#: MDMC2102890MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Family Room, Laundry
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Laundry Room, In Unit
    Features
    • Dining Area, Family Room Off Kitchen, Kitchen Island, Soaking Tub
    • Flooring: Carpet
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,660
    • Total interior livable area: 1,660 sqft
    • Finished area above ground: 1,660
    • 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: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160403358000
    • Zoning: CPD1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $480 monthly
    • Subdivision: King Farm Baileys Common
    HOA
    • Has HOA: No
    • Amenities included: Bike Trail, Community Center, Elevator(s), Fitness Center, Recreation Facilities, Pool, Tennis Court(s), Tot Lots/Playground
    • Services included: Insurance, Lawn Care Front, Maintenance Grounds, Management, Trash, Water
    Location
    • Region: Rockville
    • Municipality: City of Rockville

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $380,000
    • Annual tax amount: $5,115
    • Date on market: 8/10/2023
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    8/28/2023Sold$459,000$277/sqft
    Source: Bright MLS #MDMC2102890 Report a problem
    8/14/2023Pending sale$459,000$277/sqft
    Source: Bright MLS #MDMC2102890 Report a problem
    8/10/2023Listed for sale$459,000+14.8%$277/sqft
    Source: Bright MLS #MDMC2102890 Report a problem
    8/31/2016Sold$400,000-2.4%$241/sqft
    Source: Public Record Report a problem
    4/29/2016Price change$410,000-2.4%$247/sqft
    Source: Evergreen Properties #MC9615246 Report a problem
    4/3/2016Listed for sale$420,000+16.7%$253/sqft
    Source: Evergreen Properties #MC9615246 Report a problem
    10/2/2012Sold$360,000-3.9%$217/sqft
    Source: Public Record Report a problem
    8/15/2012Pending sale$374,500$226/sqft
    Source: Keller Williams - Washington Capitol Hill #MC7873786 Report a problem
    6/28/2012Listed for sale$374,500+103.9%$226/sqft
    Source: Keller Williams Capital Properties Report a problem
    2/7/2002Sold$183,683$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,961 -6.9%$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 +3.2%$360,000 +3.8%
    2016$4,665 $346,667 +4%
    2015$4,665 $333,333 +4.2%
    2014$4,665 $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
    $477,000
    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
    $477,000