Fallsgrove home for sale in Rockville, MD! 1 bedroom, 1 bathroom ground-level unit with in-unit laundry, outdoor space, new flooring, and new water heater. This is a rarely-available MPDU (Moderately Priced Dwelling Unit) with subsidized condo fees, water included, and income restrictions removed (new owner must still abide by MPDU program rules). Requirements to be eligible to purchase: (1) buyer does not currently own a home; (2) the home remains the buyer's primary residence only for the entire duration of ownership up to 30 years; (3) buyer must qualify for financing - lender does not have to be MPDU approved; (4) selling the home before the 30-year period must follow the City of Rockville's guidelines for re-selling the MPDU. Home warranty to help offset the cost of home maintenance included!
Sold for $260,094
$260,094
701 Fallsgrove Dr APT 101, Rockville, MD 20850
1beds
1,061sqft
Condominium
Built in 2003
-- sqft lot
$263,300 Zestimate®
$245/sqft
$2,186 Estimated rent
Home value
$263,300
$242,000 - $287,000
$2,186/mo
Zestimate® history
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$2,186/mo
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$2,186/mo
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$1,614/mo
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$1,614/mo
Est. payment
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List your homeWhat's special
Outdoor spaceIn-unit laundryNew flooringNew water heaterGround-level unit
Zillow last checked:
Listing updated:
Listed by:
Henry Nam 240-514-7370,
Samson Properties,
Co-Listing Agent: Natasia Chin 240-514-7370,
Samson Properties
Bought with:
Sophia L Arachovitis, 325662
Homes By Sophia LLC
Source: Bright MLS,MLS#: MDMC2195790
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Eat-in Kitchen, Open Floorplan
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,061
- Total interior livable area: 1,061 sqft
- Finished area above ground: 1,061
- Finished area below ground: 0
Property
Parking
- Parking features: General Common Elements, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: Community, Private
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160403429288
- Zoning: RS
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $379 monthly
- Subdivision: Fallsgrove
HOA
- Has HOA: No
- Amenities included: Common Grounds, Community Center, Elevator(s), Fitness Center, Pool, Jogging Path, Party Room, Security, Tot Lots/Playground
- Services included: Common Area Maintenance, Maintenance Structure, Maintenance Grounds, Management, Insurance, Pool(s), Other, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
Location
- Region: Rockville
- Municipality: City of Rockville
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $206,667
- Annual tax amount: $2,609
- Date on market: 9/11/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $260,094-1.2%$245/sqft |
Source:  Bright MLS #MDMC2195790 Report a problem | ||
| 9/13/2025 | Contingent | $263,327$248/sqft |
Source: Bright MLS #MDMC2195790 Report a problem | ||
| 9/11/2025 | Listed for sale | $263,327+13%$248/sqft |
Source: Bright MLS #MDMC2195790 Report a problem | ||
| 4/27/2023 | Sold | $233,061+27.6%$220/sqft |
Source: Public Record Report a problem | ||
| 9/30/2015 | Sold | $182,600$172/sqft |
Source: Public Record Report a problem | ||
| 6/14/2015 | Pending sale | $182,600$172/sqft |
Source: Berkshire Hathaway HomeServices PenFed Realty #MC8658746 Report a problem | ||
| 6/6/2015 | Listed for sale | $182,600+10%$172/sqft |
Source: Berkshire Hathaway HomeServices PenFed Realty #MC8658746 Report a problem | ||
| 5/26/2009 | Sold | $166,000+32.4%$156/sqft |
Source: Public Record Report a problem | ||
| 3/8/2004 | Sold | $125,411$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,863 +14.2% | $206,667 +9.7% |
| 2024 | $2,507 +11.3% | $188,333 +10.8% |
| 2023 | $2,254 -8% | $170,000 -10.5% |
| 2022 | $2,450 +5.1% | $190,000 +5.6% |
| 2021 | $2,332 +6.2% | $180,000 +5.9% |
| 2020 | $2,196 +3.8% | $170,000 |
| 2019 | $2,116 -0.5% | $170,000 +4.1% |
| 2018 | $2,128 -2.1% | $163,333 +2.1% |
| 2017 | $2,172 +97.7% | $160,000 +4.3% |
| 2016 | $1,099 | $153,333 +4.5% |
| 2015 | $1,099 | $146,667 +4.8% |
| 2014 | $1,099 | $140,000 +0.9% |
| 2013 | -- | $138,767 +0.9% |
| 2012 | -- | $137,533 +0.9% |
| 2011 | -- | $136,300 +4.2% |
| 2010 | -- | $130,866 +4.3% |
| 2009 | -- | $125,433 +4.5% |
| 2008 | -- | $120,000 +10.8% |
| 2007 | -- | $108,332 +12.1% |
| 2006 | -- | $96,666 +13.7% |
| 2005 | -- | $85,000 +3.4% |
| 2004 | -- | $82,166 |
Find assessor info on the county website
Neighborhood: Fallsgrove
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Nearby schools
GreatSchools rating
- 8/10Ritchie Park Elementary SchoolGrades: K-5Distance: 2.6 mi
- 8/10Julius West Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Richard Montgomery High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Ritchie Park
- Middle: Julius West
- High: Richard Montgomery
- 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
$263,300
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
$263,300
- Maryland
- Montgomery County
- Rockville
- 20850
- Fallsgrove
- 701 Fallsgrove Dr Apartment 101
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