701 Fallsgrove Drive Unit #101, Rockville, MD 20850

$260,094
1
BD
1
BA
1,061
SqFt

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Sold Price
$260,094
List Price
$263,327
Closing Date
Oct 01, 2025
Days on Market
3
Status
CLOSED
MLS#
MDMC2195790
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
1,061
Style
Traditional
Year Built
2003
County
Montgomery
School District
Montgomery County Public Schools

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!

Additional Information

Subdivision
Fallsgrove
Taxes
$2609
Condo Fee
$378
Interior Features
Kitchen - Eat-In, Floor Plan - Open
Amenities
Common Grounds, Community Center, Elevator, Exercise Room, Pool - Outdoor, Jog/Walk Path, Party Room, Security, Tot Lots/Playground
School District
Montgomery County Public Schools
Elementary School
Ritchie Park
Middle School
Julius West
High School
Richard Montgomery
Community Amenities
Common Grounds, Community Center, Elevator, Exercise Room, Pool - Outdoor, Jog/Walk Path, Party Room, Security, Tot Lots/Playground
Heating
Forced Air
Heating Fuel
Central, Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact:

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