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$430,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,335 Sq. Ft.
  • 1 Car Garage
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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!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.

Full Property Details for 5802 Nicholson Ln #2-407

General

  • Sold For: $430,000
  • Taxes: $5,841 (2024)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDMC2183006
  • Added to Site: 228 day(s) ago

Interior

  • Interior Features: Bathroom - Soaking Tub, Breakfast Area, Kitchen - Table Space, Pantry, Primary Bath(s)

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Additional Information

  • Shared Amenities: Elevator, Extra Storage, Fitness Center, Gated Community, Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Assigned Spaces: 2
  • Total Spaces: 2
  • Parking Features: Assigned
  • Parking Type: Attached Garage, Parking Lot
  • Garage Description: Covered Parking

Location

  • County: Montgomery
  • Development Name: Fallswood
  • Subdivision: Fallswood
  • Driving Directions: North on Old Georgetown Rd to right on Nicholson Lane to 5802.

School Information

  • School District: Montgomery County Public Schools
  • Elementary School: Garrett Park
  • Middle School: Tilden
  • High School: Walter Johnson

Community

  • Assoc. Fees Include: Common Area Maintenance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • Pets Allowed: Yes
  • Pets: Number Limit

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Unit/Flat
  • Architectural Style: Unit/Flat
  • Structure Type: Hi-Rise 9+ Floors
  • Construction: Brick
  • Entry Floor Number: 4
  • Stories/Levels: 0
  • Stories Description: Main
  • Square Feet: 1,335
  • Sq. Ft. Source: Assessor
  • Living Area: 1,335 Sq. Ft.
  • Year Built: 1985
  • Year Built Source: Assessor
  • Property Condition: Good

Lot Features

  • Zoning: TSR

Financial Considerations

  • Price Per Sq. Ft.: $337.08
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax: $5,806
  • County Tax Freq: Annually
  • Tax w/Assessment: $507,667
  • Tax Amount: $5,841
  • Tax Year: 2024
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1335

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes

Listed by Stuart & Maury, Inc., Robert Jenets
Sold by Washington Fine Properties, LLC, Alison Shutt

Listing agent

— 5802 Nicholson Ln #2-407 —

  • Robert Jenets

    Stuart & Maury, Inc.

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NMLS#: 1598647

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Schools serving 5802 Nicholson Ln #2-407

School District:Montgomery County Public Schools, Gaithersburg, MD
NameGradesDistance
Garrett Park Elementary School
4810 Oxford Street, Kensington, MD 20896
K-51.3 mi
Tilden Middle School
6300 Tilden Lane, Rockville, MD 20852
6-80.8 mi
Walter Johnson High School
6400 Rock Spring Dr, Bethesda, MD 20814
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5802 Nicholson Ln #2-407

Date
Details
Price
Change
Source
7/31/2025
Sold
$430,000
-4.44%
MLS
6/16/2025
Price Reduced
$450,000
-9.09%
MLS
6/03/2025
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Stuart & Maury, Inc., Robert Jenets
Sold by Washington Fine Properties, LLC, Alison Shutt

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5802 Nicholson Lane #2-407, Rockville, MD 20852 (MLS# MDMC2183006) is a Condo property that was sold at $430,000 on July 31, 2025. Want to learn more about 5802 Nicholson Lane #2-407? Do you have questions about finding other Condo real estate for sale in Rockville? You can browse all Rockville real estate or contact a Coldwell Banker agent to request more information.