NOT LISTED FOR SALE

120 Chevy Chase St Unit 404 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $525,000 - $557,000

2 Beds
2 Baths
1,585 Sq Ft
$493/mo HOA Fee

Last Sold December 27, 2019

Last sale price $430,000 $271 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,003/month

107 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Community Lake
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of December 2019

Spacious condo in desirable Kentlands community! This peaceful top floor unit features 2 bedrooms and 2 bathrooms with garage parking. The living room is bright with cozy gas fireplace and access to the outdoor balcony. Formal dining room off the living room great for entertaining. Large eat-in kitchen with island and breakfast bar overlooking the family room. The master bedroom features walk-in closet and ensuite bath. Conveniantly located within walking distance to all the shops and restaurants on Kentlands Main St. Minutes to I-270, ICC, and public transit. Montly condo fee includes water and cable TV. Unit comes with additional storage unit. Don't forget to check out the 3D tour of this great condo.

Last Agent to Sell the Property

Nathan Dart

RE/MAX Realty Group License #514678 Listed on: 08/07/2019

RE/MAX Realty Group

Last Buyer's Agent

VJ Derbarghamian

Compass License #0225223795

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 2000

Lot Details

  • 2,483

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Lot
  • 1 Assigned Parking Space

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,585 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Rachel Carson Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160903300408
  • $178 Front Foot Fee per year

Community Details

Overview

  • Association fees include water, sewer, cable TV, common area maintenance, snow removal, trash, exterior building maintenance, pool(s)
  • Bozzuto Homes At Community
  • Bozzuto At Kentlands Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • 1 Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,279

Year Built

Built in 2000

Lot Details

0

HOA Fees

$493 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Remarks Public: Spacious condo in desirable Kentlands community! This peaceful top floor unit features 2 bedrooms and 2 bathrooms with garage parking. The living room is bright with cozy gas fireplace and access to the outdoor balcony. Formal dining room off the living room great for entertaining. Large eat-in kitchen with island and breakfast bar overlooking the family room. The master bedroom features walk-in closet and ensuite bath. Conveniantly located within walking distance to all the shops and restaurants on Kentlands Main St. Minutes to I-270, ICC, and public transit. Montly condo fee includes water and cable TV. Unit comes with additional storage unit. Don't forget to check out the 3D tour of this great condo.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1585
  • Living Area Sq Ft: 1585
  • Price Per Sq Ft: 287.07
  • Above Grade Finished Sq Ft: 1585
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 120

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 493.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Common Grounds, Tot Lots/Playground, Jog/Walk Path, Bike Trail, Club House, Exercise Room, Elevator, Fitness Center, Lake, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Cable Tv, Common Area Maintenance, Snow Removal, Trash, Ext Bldg Maint, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RACHEL CARSON
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 280000.00
  • Land Assessed Value: 120000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13941218
  • Tax Annual Amount: 5279.00
  • Assessor Parcel Number: 160903300408
  • Tax Total Finished Sq Ft: 1585
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 12/27/2019

Multi Family

  • Front Foot Fee: 178.36

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Dec 27, 2019
Sold by
Berman Marey F
Bought by
Korec Nelly C and Korec Stefan M
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
VJ Derbarghamian
Compass
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$543,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,162
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jan 10, 2008
Sold by
Mulhall Raymond L Tr
Bought by
Berman Marcy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Mulhall Raymond L Tr
Bought by
Berman Marcy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Mulhall Raymond L
Bought by
Mulhall Raymond L Tr

Purchase Details

Closed on
Feb 5, 2002
Sold by
Mulhall Raymond L Etal Tr
Bought by
Mulhall Raymond L Etal Tr

Purchase Details

Closed on
Aug 16, 2000
Sold by
Midtown Partners Limited
Bought by
Mulhall Raymond L and F M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Korec Nelly C $430,000 Multiple
Berman Marcy F $390,000 --
Berman Marcy F $390,000 --
Mulhall Raymond L Tr -- --
Mulhall Raymond L Etal Tr -- --
Mulhall Raymond L $191,372 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berman Marcy R $300,000
Previous Owner Berman Marcy F $283,500
Previous Owner Berman Marcy F $285,000
Previous Owner Berman Marcy F $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $430,000 -5.5% $271 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
09/12/2019 09/12/19 Price Changed $455,000 -4.2% $287 / Sq Ft
08/07/2019 08/07/19 For Sale $475,000 -- $300 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,115 $466,667 $0 $0
2023 $6,563 $450,000 $135,000 $315,000
2022 $4,807 $433,333 $0 $0
2021 $4,799 $416,667 $0 $0
2020 $9,098 $400,000 $120,000 $280,000
2019 $4,588 $400,000 $120,000 $280,000
2018 $5,091 $400,000 $120,000 $280,000
2017 $4,425 $400,000 $0 $0
2016 $4,565 $373,333 $0 $0
2015 $4,565 $346,667 $0 $0
2014 $4,565 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC673034

Bright MLS

APN: 09-03300408