SIGNIFICANT PRICE IMPROVEMENT!! Modern, gated community within .4 mile of the North Bethesda Metro! This elegant building is near every convenience you could want. This two bedroom, two bath unit has 2-zoned HVAC for ideal temperature control of the living area and the bedrooms. Full sized washer and dryer in the unit and a balcony make this a highly desirable home. There are two separately deeded parking spaces (one covered and an assigned outside space) that convey with the property at this price! Wow!<br/><br/>The property is in good condition but is being sold "AS-IS" by the estate. This bargain price takes into account the likelihood of some minor upgrades, which makes it a great opportunity. The intrinsic value of the location, design, quality of the building and amenities are undeniable. This one deserves your consideration as an excellent investment and a lovely place to live.
Sold for $430,000
$430,000
5802 Nicholson Ln #2-407, Rockville, MD 20852
2beds
1,335sqft
Condominium
Built in 1985
-- sqft lot
$558,700 Zestimate®
$322/sqft
$3,158 Estimated rent
Home value
$558,700
$514,000 - $603,000
$3,158/mo
Zestimate® history
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List your homeWhat's special
Gated communityAssigned outside space
Zillow last checked:
Listing updated:
Listed by:
Robert Jenets 301-257-3200,
Stuart & Maury, Inc.
Bought with:
Alison Shutt, 633855
Washington Fine Properties, LLC
Source: Bright MLS,MLS#: MDMC2183006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Heat Pump, Zoned, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Soaking Tub, Breakfast Area, Kitchen - Table Space, Pantry, Primary Bath(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,335
- Total interior livable area: 1,335 sqft
- Finished area above ground: 1,335
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Covered, Assigned, Attached, Parking Lot
- Attached garage spaces: 1
- Details: Assigned Parking, Assigned Space #: GL-26. PO-9
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160402545270
- Zoning: TSR
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Good
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,159 monthly
- Subdivision: Fallswood
HOA
- Has HOA: No
- Amenities included: Elevator(s), Storage, Fitness Center, Gated, Pool
- Services included: Common Area Maintenance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
- HOA name: The Fallswood Condominium
Location
- Region: Rockville
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $507,667
- Annual tax amount: $5,841
- Date on market: 6/3/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $430,000-4.4%$322/sqft |
Source:  Bright MLS #MDMC2183006 Report a problem | ||
| 7/23/2025 | Pending sale | $450,000$337/sqft |
Source: Bright MLS #MDMC2183006 Report a problem | ||
| 6/26/2025 | Contingent | $450,000$337/sqft |
Source: Bright MLS #MDMC2183006 Report a problem | ||
| 6/16/2025 | Price change | $450,000-9.1%$337/sqft |
Source: Bright MLS #MDMC2183006 Report a problem | ||
| 6/3/2025 | Listed for sale | $495,000+122.5%$371/sqft |
Source: Bright MLS #MDMC2183006 Report a problem | ||
| 9/18/1991 | Sold | $222,500$167/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,199 -10.4% | $507,667 +0.7% |
| 2024 | $5,806 +0.6% | $504,333 +0.7% |
| 2023 | $5,773 +12.7% | $501,000 +7.9% |
| 2022 | $5,124 +8.7% | $464,333 +8.6% |
| 2021 | $4,715 +9.3% | $427,667 +9.4% |
| 2020 | $4,314 +0% | $391,000 |
| 2019 | $4,312 -0.2% | $391,000 |
| 2018 | $4,319 -3.1% | $391,000 |
| 2017 | $4,458 +77.8% | $391,000 +2.6% |
| 2016 | $2,508 | $381,000 +2.7% |
| 2015 | $2,508 | $371,000 +2.8% |
| 2014 | $2,508 | $361,000 |
| 2013 | -- | $361,000 |
| 2012 | -- | $361,000 |
| 2011 | -- | $361,000 |
| 2010 | -- | $361,000 |
| 2009 | -- | $361,000 -30.6% |
| 2008 | -- | $520,000 +8.3% |
| 2007 | -- | $480,000 +9.1% |
| 2006 | -- | $440,000 +10% |
| 2005 | -- | $400,000 +23.5% |
| 2004 | -- | $324,000 |
| 2003 | -- | $324,000 +88.4% |
| 2002 | -- | $172,000 |
| 2001 | -- | $172,000 |
Find assessor info on the county website
Neighborhood: 20852
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Nearby schools
GreatSchools rating
- 7/10Garrett Park Elementary SchoolGrades: K-5Distance: 1.3 mi
- 8/10Tilden Middle SchoolGrades: 6-8Distance: 0.8 mi
- 9/10Walter Johnson High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Garrett Park
- Middle: Tilden
- High: Walter Johnson
- 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
$558,700
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
$558,700
- Maryland
- Montgomery County
- Rockville
- 20852
- 5802 Nicholson Ln Unit 2-407
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