701 Fallsgrove Dr #UNIT 408, Rockville — tax account 160403430072

Condominium built in 2003, 3,119 ft² in Rockville, Montgomery County, assessed at $800,000; last transfer July 18, 2025 for $1,175,000.

From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.

Account

Tax account number	160403430072
Map, grid, parcel	Map FS56
Location	701 Fallsgrove Dr #UNIT 408, Rockville MD 20850
Jurisdiction	Montgomery County
Subdivision	Residences of Fallsgrove 2 [CN]
Plat	8466

Land

Land use	Residential Condominium (U)
Zoning	RS

Structure

Year built	2003
Above-grade area	3,119 ft²
Style	HOUSING Condominium (residential)
Building type	Condo Garden

Assessment — October 2023

Land	$240,000
Improvements	$560,000
Total	$800,000
Homestead qualification code	1

Last transfer

Date	July 18, 2025
Consideration	$1,175,000
Deed reference	liber 49672, folio 0257

What this means

Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
Assessed 208% above the median residential condominium account in Montgomery County ($260,000, 64,102 accounts).
The last transfer price is 47% above the current assessment.

Parcel point of the Maryland Department of Planning — not a survey.

Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.

First page of a sample Maryland Property Report

The report for account 160403430072

This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.

$19card · PDF within 24 h · you pay after receiving itSee the sample (PDF)

Order the report