Welcome to this stunning two-level penthouse condominium boasting 3 bedrooms, 2 full baths, and a spacious loft filled with upgrades. The kitchen features a ceramic tile floor and a bright, open breakfast area perfect for enjoying sunny mornings. Entertain in the main common area with its abundance of sunlight and soaring 18-foot ceilings. The HVAC system is just 1 year and 9 months old, and the water heater was replaced just 2 months ago, ensuring comfort and efficiency. This unit includes 2 parking passes for spaces conveniently located behind the building. Located in the sought-after King Farm community, residents enjoy the convenience of a free shuttle ride to the Metro, easy access to I-270, 355, and Rte. 200 commuter routes, and a wealth of amenities including dining, shopping centers, pools, tennis courts, trails, and parks. Additionally, this unit includes a separate storage unit on the 1st floor for added convenience.
Sold for $587,000
$587,000
531 Lawson Way APT 408, Rockville, MD 20850
3beds
2,093sqft
Condominium
Built in 2001
-- sqft lot
$597,200 Zestimate®
$280/sqft
$3,442 Estimated rent
Home value
$597,200
$567,000 - $627,000
$3,442/mo
Zestimate® history
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$3,600/mo
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Zillow last checked:
Listing updated:
Listed by:
Hong Cai 202-787-8969,
BMI REALTORS INC.
Bought with:
Taf Ahmad, 524574
Real Broker, LLC - Gaithersburg
Source: Bright MLS,MLS#: MDMC2124806
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Dryer, Oven/Range - Gas, Refrigerator, Washer, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Ceiling Fan(s), Dining Area, Entry Level Bedroom, Eat-in Kitchen, Kitchen - Table Space, Walk-In Closet(s)
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,093
- Total interior livable area: 2,093 sqft
- Finished area above ground: 2,093
- Finished area below ground: 0
Property
Parking
- Parking features: Free, Parking Lot
Accessibility
- Accessibility features: Accessible Doors, Accessible Hallway(s), Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160403358215
- Zoning: CPD1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- 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
- Security: Main Entrance Lock
- Condo and coop fee: $555 monthly
- Subdivision: King Farm
HOA
- Has HOA: No
- Amenities included: Elevator(s), Pool, Tot Lots/Playground
- Services included: Maintenance Grounds, Pool(s), Sewer, Trash, Water
- HOA name: King Farm Two Condo Phase Iii C / O
Location
- Region: Rockville
- Municipality: City of Rockville
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $450,000
- Annual tax amount: $6,874
- Date on market: 3/22/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2024 | Sold | $587,000-3.6%$280/sqft |
Source:  Bright MLS #MDMC2124806 Report a problem | ||
| 5/1/2024 | Contingent | $609,000$291/sqft |
Source: Bright MLS #MDMC2124806 Report a problem | ||
| 3/30/2024 | Price change | $609,000-3.3%$291/sqft |
Source: Bright MLS #MDMC2124806 Report a problem | ||
| 3/22/2024 | Listed for sale | $630,000+24.8%$301/sqft |
Source: Bright MLS #MDMC2124806 Report a problem | ||
| 5/3/2021 | Sold | $505,000+27.8%$241/sqft |
Source: Public Record Report a problem | ||
| 1/1/2015 | Sold | $395,000$189/sqft |
Source:  Long & Foster Broker Feed #MDMC170570_100 Report a problem | ||
| 4/23/2004 | Sold | $395,000+68.4%$189/sqft |
Source: Public Record Report a problem | ||
| 4/3/2002 | Sold | $234,492$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,939 +7.8% | $516,667 +6.9% |
| 2024 | $6,435 +7.9% | $483,333 +7.4% |
| 2023 | $5,965 +2.8% | $450,000 |
| 2022 | $5,803 -0.4% | $450,000 |
| 2021 | $5,829 +0.3% | $450,000 |
| 2020 | $5,812 +2.7% | $450,000 |
| 2019 | $5,657 -0.5% | $450,000 +3.1% |
| 2018 | $5,688 -0.9% | $436,667 +1.6% |
| 2017 | $5,737 +21% | $430,000 +3.2% |
| 2016 | $4,740 | $416,667 +3.3% |
| 2015 | $4,740 | $403,333 +3.4% |
| 2014 | $4,740 | $390,000 |
| 2013 | -- | $390,000 |
| 2012 | -- | $390,000 -4.9% |
| 2011 | -- | $410,000 |
| 2010 | -- | $410,000 |
| 2009 | -- | $410,000 -4.7% |
| 2008 | -- | $430,000 +13.7% |
| 2007 | -- | $378,332 +15.8% |
| 2006 | -- | $326,666 +18.8% |
| 2005 | -- | $275,000 +10.6% |
| 2004 | -- | $248,666 |
| 2003 | -- | $248,666 +26.9% |
| 2002 | -- | $196,000 |
Find assessor info on the county website
Neighborhood: King Farm
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Nearby schools
GreatSchools rating
- 5/10Washington Grove Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 3/10Gaithersburg Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Gaithersburg High SchoolGrades: 9-12Distance: 2 mi
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
$597,200
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
$597,200
- Maryland
- Montgomery County
- Rockville
- 20850
- King Farm
- 531 Lawson Way Apartment 408
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