701 Fallsgrove Drive #101, Rockville, MD 20850 - Photo 1

1/1

$260,094

Sold
Closed
Condo
1 Bed
1 Full Bath
1,061 Sq. Ft.

1/1

Property Description

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!

Full Property Details

Full Property Details for 701 Fallsgrove Dr #101

General

Sold For: $260,094
Taxes: $2,609 (2024)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: MDMC2195790
Added to Site: 129 day(s) ago

Interior

Interior Features: Kitchen - Eat-In, Floor Plan - Open

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 1
Bedrooms Main & Up: 1

Additional Information

Shared Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Pool - Outdoor, Jog/Walk Path, Party Room, Security, Tot Lots/Playground
Shared Pool: Yes
Pool: Yes
Private Pool: Yes

Parking

Parking Features: General Common Elements
Parking Type: On Street

Location

Municipality: City of Rockville
County: Montgomery
Development Name: Fallsgrove
Subdivision: Fallsgrove
Driving Directions: Online map directions are accurate. Street parking available in front of the building entrance or in the parking lot across the street.
City Limits: Yes

School Information

School District: Montgomery County Public Schools
Elementary School: Ritchie Park
Middle School: Julius West
High School: Richard Montgomery

Community

Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Other, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
Pets Allowed: Yes
Pets: Case by Case Basis, Cats OK, Dogs OK

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Central, Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: Garden 1 - 4 Floors
Construction: Brick
Entry Floor Number: 1
Stories/Levels: 0
Stories Description: Main
Square Feet: 1,061
Sq. Ft. Source: Assessor
Living Area: 1,061 Sq. Ft.
Year Built: 2003
Year Built Source: Assessor

Lot Features

Zoning: RS

Financial Considerations

Price Per Sq. Ft.: $248.19
Assessment Year: 2025
City/TownTax: $549
City/TownTax Freq: Annually
County Tax: $1,958
County Tax Freq: Annually
Tax w/Assessment: $206,667
Tax Amount: $2,609
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1061

Disclosures and Reports

Ownership: Condominium
Condo: Yes

Listed by Samson Properties, Henry Nam and Samson Properties, Natasia Chin
Sold by Homes By Sophia LLC, Sophia L Arachovitis

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Listing agents

— 701 Fallsgrove Dr #101 —

Henry Nam

Samson Properties
Natasia Chin

Samson Properties

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NMLS#: 1598647

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Schools

Schools serving 701 Fallsgrove Dr #101

School District:Montgomery County Public Schools, Gaithersburg, MD

Name	Grades	Distance
Ritchie Park Elementary School 1514 Dunster Road, Rockville, MD 20854	K-5	2.6 mi
Julius West Middle School 651 Great Falls Road, Rockville, MD 20850	6-8	2 mi
Richard Montgomery High School 250 Richard Montgomery Drive, Rockville, MD 20852	9-12	2.7 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 701 Fallsgrove Dr #101

Date

Details

Price

Change

Source

10/01/2025

Sold

$260,094

-1.23%

MLS

9/11/2025

Listed

$263,327

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths
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Beds
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Total Baths
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Just Listed

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Updated 1 day ago

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Updated 2 days ago

5
Beds
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Total Baths
9,658
Sq. Ft.

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Price Reduced

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Active
Updated 5 days ago

1
Bed
1
Total Bath
796
Sq. Ft.

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-$4,000 (-0.86%)

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Townhouse
Active
Updated 6 days ago

4
Beds
3
Total Baths
3,728
Sq. Ft.

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Closed

2
Beds
2
Total Baths
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Sq. Ft.

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2
Beds
2
Total Baths
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Sq. Ft.

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Condo
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1
Bed
1
Total Bath
819
Sq. Ft.

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$292,000

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2
Beds
3
Total Baths
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Sq. Ft.

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701 Fallsgrove Drive #101, Rockville, MD 20850 (MLS# MDMC2195790) is a Condo property that was sold at $260,094 on October 01, 2025. Want to learn more about 701 Fallsgrove Drive #101? 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.

701 Fallsgrove Dr #101 Rockville, MD 20850