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$295,000

Beds
2
Baths
1.5
sq ft
999

864 College Pkwy Unit 201, Rockville, MD 20850

864 College Pkwy Unit 201

ROCKVILLE, MD 20850

  • 6 days on market
    • Open house Jan 11
Welcome Home! This charming and spacious top-floor condo is a perfect fit for first-time buyers, savvy investors, or anyone looking to downsize without compromising on comfort. Featuring two generously sized bedrooms and 1.5 bathrooms, this home offers versatility to suit your lifestyle. ** The open layout includes a separate dining area that flows seamlessly into the bright living room. Step through sliding glass doors to your private balcony, where you’ll enjoy tranquil views of the treetops and a nearby tot lot—a feature the sellers adore. ** The large bedrooms easily accommodate king-sized beds, with one ideal for a guestroom, home office, or creative space. Convenience is key with this location—just a short stroll to Montgomery College and Rockville Town Center, with its vibrant dining, shopping, and entertainment options. Commuting is a breeze with nearby transportation hubs. ** Your monthly condo fee covers water and gas, so no surprise utility bills. Plus, you'll love cooling off at the community pool in the summer months. ** Whether you’re starting out, building your portfolio, or simplifying your lifestyle, this home is ready to welcome you. Schedule your tour today and see all the possibilities!

Details

Property type

Condominium

Est. home value

$264,066

Lot size

Unknown

Price per sq ft

$296

Year built

1967

Annual property taxes

$3,236

HOA

No

Price History

01/09/2025
Bright

Bright #MDMC2161116

Listed
$295,000
+15.23%
10/07/2022
Bright

Bright #MDMC2068072

Sold
$256,000

Schools & Community

Elementary school: 

COLLEGE GARDENS

Middle school: 

JULIUS WEST

High school: 

RICHARD MONTGOMERY

Community features: 

Pool

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$98,202
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$173,198
Cash to seller
$98,202

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2022

Original loan amount

$179,200

Est. remaining balance

$173,198

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Philip Roush Mcvey and Kim Christie Mcvey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/09/2025 at 5:20 PM

Listing updated: 01/09/2025 at 1:02 AM

Listed by: Robyn M Porter, Long & Foster Real Estate, Inc. Phone #: (301) 469-4700

MLS: Bright #MDMC2161116

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