1 month on rocket

Backup Offers

531 Lawson Way Unit 408, Rockville, MD, 20850

$609,000

Home List Price

$7,232*

Closing Credit

3 Bedrooms
2 Full Baths
2,093 SqFt
$291/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

531 Lawson Way Unit 408, Rockville$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingFree, Parking Lot
Year Built2001
HeatingCentral, Forced Air
CoolingCentral Air, Ceiling Fan(s)
MLS #MDMC2124806
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 531 Lawson Way Unit 408

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 2001
  • Stories: 2
  • Living Area: 2,093 SqFt

Listing Office:

  • Office Name: BMI REALTORS INC.
  • Office Phone: (301) 216-3998
  • Listing Agent: Hong Cai

Interior Features

Interior Information:

  • Appliances: Microwave, Dryer, Oven, Gas Range, Refrigerator, Washer
  • Basement: No
  • Interior: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Walk-in Closet(s), Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Free, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gaithersburg High School, Public District Grades 9-12
  • Forest Oak Middle School, Public District Grades 6-8
  • Rosemont Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head west on 355, left on Redland Blvd, right on Gaither Rd, right on Lawson.

Municipality:

  • City Of Rockville

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
  • Price Per SqFt: $291/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Rockville, MD.

Map thumbnail provided by MapBox

Rockville, MD

City

Med. Sold Price

$600.3K

Med. Price/SqFt

$328

Avg. Days On Market

13

# of Sold Homes

113

531 Lawson Way Unit 408 vs Rockville

34 DAYS ON ROCKET

+21 Days

$609,000

+$8.6K More

$291/SqFt

-$37 Less

KEY TAKEAWAY

This property is $8.6K more than the Median Sold Price and $37/SqFt less than other homes in Rockville, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2124806

Listing Office:

  • Office Name: BMI REALTORS INC.
  • Office Phone: (301) 216-3998
  • Listing Agent: Hong Cai

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,892

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5252585
5
/10

  • Rosemont Elementary School

  • 16400 Alden Ave

  • 1.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5252586
3
/10

  • Forest Oak Middle School

  • 651 Saybrooke Oaks Blvd

  • 3.00 miles

  • Public District Grades 6-8

High School

school-card-donut-5252587
3
/10

  • Gaithersburg High School

  • 314 S Frederick Ave

  • 2.01 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,884. The most common annual income of people living in Rockville, MD is between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Lawson Way Unit 408

What is the listing price of this property?

The listing price of 531 Lawson Way Unit 408 property is $609,000.

What type of property is this?

The property 531 Lawson Way Unit 408 is a condo located in Rockville, Maryland, 20850.

Is this property for sale now?

Accepting Backup Offers: 531 Lawson Way Unit 408 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 531 Lawson Way Unit 408 are:
Rosemont Elementary School: GreatSchools Rating 5/10
Forest Oak Middle School: GreatSchools Rating 3/10
Gaithersburg High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 531 Lawson Way Unit 408 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Lawson Way Unit 408 is 2,093 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Lawson Way Unit 408 is 2001.

Rocket Homes›Maryland›Montgomery County›Rockville›20850›531 Lawson Way Unit 408

This home is located at 531 Lawson Way Unit 408 in Rockville, MD and zip code 20850. This 2,093 square foot home was built in 2001. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $609,000.

Over 75 listings were sold over their listed price in April 2024 in Rockville, MD. In the same period over 20 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Rockville, MD increased by 18.4% between March 2024 and April 2024. In April 2024 median list price was $600,379 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources