531 Lawson Way, Unit 408

Rockville, MD 20850

$609,000
Price
3
Beds
2
Baths
2,093 Sq. Ft.
$291 / Sq. Ft.
2,093
Sq. Ft.
$291
per Sq. Ft.

Description

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...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.
  1. Listed by Hong Cai • BMI REALTORS INC.
    P: 2027878969 hongcaibmi@yahoo.com

Property Details for 531 Lawson Way, Unit 408

Tax ID Number
160403358215
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
1
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
2

Location

Listing Courtesy of BMI REALTORS INC.
Add your commute
LISTING UPDATED: 03/29/2024 09:09 PM

Property Details for 531 Lawson Way, Unit 408

StatusActive
MLS #MDMC2124806
Days on Market38
Taxes$6,874 / year
HOA Fees-
Condo/Co-op Fees$555 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2001
CountyMontgomery County

Building

KING FARM BAILY

1 Units2 StoriesBuilt in 2001

Location

Listing Courtesy of BMI REALTORS INC.
Add your commute

Building Information for 531 Lawson Way, Unit 408

Building/ComplexKING FARM BAILYFloor-Stories2Residences1Pet PolicyNot AllowedYear Built2001

Payment Calculator

$4,451 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,324

Property Taxes

$573

HOA Dues

$555

The Payment Calculator is for illustrative purposes only.

Property Information for 531 Lawson Way, Unit 408

Location
Location
  • In City Limits: Yes
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138126809
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: King Farm Two Condo Phase III C/O
  • Condo Coop Phone: (301)654-5107
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Lawn Maintenance, Pool(s), Sewer, Trash, Water
  • HOA Condo Coop Amenities: Elevator, Pool - Outdoor, Tot Lots/Playground
  • Property Manager Y/N: No
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $450,000
  • Year Assessed: 2023
  • County Tax: $4,651
  • Improvement Assessed Value: $315,000
  • City Town Tax: $1,314
  • Land Assessed Value: $135,000
  • Clean Green Assessed: No
  • Front Foot Fee: $165
  • Front Foot Fee Payment Frequency: Annually
  • Land Use Code: U
  • Refuse Fee: $17
  • Zoning: CPD1
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Size/Weight Restriction, Cats OK, Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 2,093.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Parcel ID: 14085851
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Features: Free
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Walk-in Closet(s), Wood Floors
  • Fireplace: No
  • Appliances: Built-In Microwave, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Accessibility Features: 32"+ wide Doors, 36"+ wide Halls, Elevator
  • Security Features: Main Entrance Lock
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Pool: Yes - Community
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 531 Lawson Way, Unit 408

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 Lawson Way, Unit 408

Taxable ValueLand$135,000Additions$315,000Total$450,000
Tax Record2022$5,326 ($444 / month)
Home Facts
Beds0Total Finished SqFt2,093 SqFtAbove Grade Finished SqFt2,093 SqFtLot Size3,198 SqFtStyleCondominiumYear Built2001ZoningCPD1CountyMONTGOMERYAPN04-03358215

Schools near 531 Lawson Way, Unit 408

This home is within Montgomery County Public Schools.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Private - 5 to 12
Rating
School
Distance
Gaithersburg Middle School
Public6 to 8

Gaithersburg High School
Public9 to 12

Marcia D Smith School
Private5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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531 Lawson Way, Unit 408 is a condo for sale in Rockville, MD 20850. This property was listed for sale on March 22, 2024 by BMI REALTORS INC., it's currently listed at $609,000. It has been on the market for a total of 38 days and was last sold on April 8, 2021. This listing's school district is Montgomery County Public Schools. Nearby schools include Gaithersburg Middle School, Gaithersburg High School and Marcia D Smith School. 531 Lawson Way, Unit 408 is a 3-bed, 2-bath, 2,093 sqft condo built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BMI REALTORS INC.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/29/2024 09:09 PM