See Home Value
$1,136,859*
House - Off Market

701 W MONTGOMERY AVENUE

ROCKVILLE, MD 20850
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1576 Sqft
$716,000 - $874,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Jun 19, 2020
$755,000
$604,000 by Truist Bank
Mortgage Due Jun 01, 2050

About This Property

This very special property includes the main house, a duplex with two rental apartments and two free standing garages.  This property is an attractive investment property because of the home and income producing duplex.  It is also an ideal home for an extended family of multiple generations, living together but each with their own space.  The main house is a classic Cape Cod or Bungalow with a welcoming front porch, separate living room and dining room, hardwood floors, updated table space kitchen and bedroom with bath all on the first floor.  The second floor has two bedrooms and one bath.  The basement has a recreation room and multiple work/storage rooms.  The Duplex is a two story building with a front porch, side yard and two separate apartments each with about 715 Sq. Ft and either a basement or attic  offering additional storage space. They are both light and bright with living room dining room combinations, kitchen with washer and dryers, 2 bedrooms and 1 bath.   Unit 1 is currently occupied and the tenant would like to remain.  Unit 2 is vacant and can be easily shown.  The rent is $1450 with the tenant paying an additional $50 for shared water bills but are responsible for individual gas and electric charges.  The property is ideally located near the Metro and easy access to Route 270 and all the wonderful shops and restaurants that the City of Rockville has.

The manager has listed the unit size as 1576 square feet.
Unit Size
1,576Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$504
Property Type
House
Property Taxes
$7,868
HOA Dues
-
Year Built
1935

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold to Jill G Matthews $755,000
Sold to Jill G Matthews
Mar 25, 2020 No longer available -
No longer available
Jan 8, 2020 Price Decreased $795,000
↓ $60K (7%)
Price Decreased
Sep 13, 2019 Listed $855,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 310
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,087
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST END PARK
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 2 WEST END PARK

Ownership

  • Current Owner : MATTHEWS JILL G
  • Previous Owner : METAXATOS PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701005

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: GR12
  • Account Number: 00231462
  • District: 04
  • Section: 2
  • Parcel: 04-00231462
  • Block: 3
  • Lot: P1
  • Municipality: ROCKVILLE
  • Latitude: 39.086
  • Longitude: -77.1677

    Address

  • Full Address: 701 W Montgomery Ave
  • Address - House Number: 701
  • Street Direction: W
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Rockville
  • Carrier Code: C045
  • 4-Digit Zip Code: 3817
  • Zip Code: 20850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,285
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 811,579
  • High Value: 934,554
  • Low Value: 688,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $604,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $604,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $683,500
  • Market Land Value: $356,000
  • Market Improvement Value: $327,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $633,367

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11775753962
  • Current Sale Price: $755,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $604,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3.5 Baths
-
$765,000 Nov 3, 2022
-
$866/mo

About Rockville


Similar Homes for Sale


Nearby Rentals

Unit for rent at 9305 Corporate Blvd, Rockville, MD, 20850

$2,425 /mo

  • 2 Beds
  • 2 Baths
  • 1,189 ft²
9305 Corporate Blvd #Q, Rockville, MD, 20850 Listing by Equity Residential


Frequently Asked Questions

When was property at 701 West Montgomery Avenue built and last sold?
The property at 701 West Montgomery Avenue was built in 1935 and last sold on May 14, 2020 for $755,000.
How much is this home worth?
The estimated value of the home located at 701 West Montgomery Avenue is $878,898.
What are some comparable homes to 701 West Montgomery Avenue?
There are currently no comparable homes to 701 West Montgomery Avenue.

Nearby Counties
Quantcast