NOT LISTED FOR SALE

Lakeland Ridge Condominiums 301 High Gables Dr Unit 210 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $398,802 - $466,000

2 Beds
2 Baths
1,288 Sq Ft
$311/mo HOA Fee

Last Sold June 21, 2012

Last sale price $275,000 $214 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,956/month

51 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Fields Road Elementary School Rated A-
  • Clubhouse
  • Upgraded Countertops

About This Home

As of June 2012

GORGEOUS CONDO W/CORIAN COUNTERTOPS, MAPLE CABINTRY, CERAMIC TITLE FLOORING, SUNROOM, WOOD FLOOR, LAUNDRY ROOM INSIDE UNIT, LOTS OF STORAGE SPACE, SECOND FLOOR, COMMUNITY FITNESS CRT, PARTY ROOM, OFFICE, POOL & FROG HOLLOW POND, MINUTES TO I-270,370 SHOPPING CENTER, 3 SMALL DOGS INSIDE BETHROOM WITH GATE OPEN HOUSE 04/29/2012

Last Agent to Sell the Property

Ming Chou

(301) 252-0238 askmingrealty@gmail.com Independent Realty, Inc Listed on: 04/08/2012

Last Buyer's Agent

Judy & Mitch Milstein

(301) 520-3694 superteam3@aol.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 2001

Lot Details

  • 523

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160903348615

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, snow removal, trash, water
  • Low-Rise Condominium
  • Lakelands Ridge Community
  • The community has rules related to parking rules

Amenities

  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Fitness Center

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,774

Year Built

Built in 2001

Lot Details

0

HOA Fees

$311 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Stove, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Upgraded Countertops, Master Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1288
  • Living Area Sq Ft: 1288
  • Price Per Sq Ft: 229.04
  • Above Grade Finished Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Aluminum Siding, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 311.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Community Center, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Parking
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 90000.00
  • Property Condition: Very Good
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13810092
  • Tax Annual Amount: 3773.86
  • Assessor Parcel Number: 160903348615
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2012
Closed on
Jun 21, 2012
Sold by
Chen Teresa
Bought by
Cohen Leslie R
Seller's Agent
Ming Chou
Independent Realty, Inc
Buyer's Agent
Judy & Mitch Milstein
Long & Foster Real Estate, Inc.
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$434,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,701
Avg. Annual Appreciation
3.46%
Original Mortgage
$216,000
Outstanding Balance
$149,344
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$285,357

Purchase Details

Closed on
Sep 11, 2007
Sold by
Boatwright Elaine Tr
Bought by
Chen Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Boatwright Elaine Tr
Bought by
Chen Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Boatwright Elaine
Bought by
Boatwright Elaine Tr

Purchase Details

Closed on
Oct 30, 2006
Sold by
Boatwright Elaine
Bought by
Boatwright Elaine Tr

Purchase Details

Closed on
Jan 30, 2003
Sold by
Santos Jennifer
Bought by
Boatwright Elaine

Purchase Details

Closed on
Aug 31, 2001
Sold by
Great Seneca Llc
Bought by
Santos Jenifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cohen Leslie R $270,000 First American Title Ins Co
Chen Teresa $330,000 --
Chen Teresa $330,000 --
Boatwright Elaine Tr -- --
Boatwright Elaine Tr -- --
Boatwright Elaine $240,000 --
Santos Jenifer $168,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Leslie R $216,000
Previous Owner Chen Teresa $180,000
Previous Owner Chen Teresa $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2012 06/21/12 Sold $275,000 -6.8% $214 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/08/2012 04/08/12 For Sale $295,000 -- $229 / 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
2025 $4,272 $335,000 -- --
2024 $4,272 $325,000 $0 $0
2023 $3,431 $315,000 $94,500 $220,500
2022 $3,821 $303,333 $0 $0
2021 $3,039 $291,667 $0 $0
2020 $2,880 $280,000 $84,000 $196,000
2019 $2,891 $280,000 $84,000 $196,000
2018 $2,909 $280,000 $84,000 $196,000
2017 $2,974 $290,000 $0 $0
2016 -- $276,667 $0 $0
2015 $3,082 $263,333 $0 $0
2014 $3,082 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ming Chou

    Seller's Agent in 2012

    Ming Chou

    Independent Realty, Inc

    (301) 252-0238

    25 Total Sales

    Ming Chou
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About Lakeland Ridge Condominiums

Map

Source: Bright MLS

MLS Number: 1003931910

Bright MLS

APN: 09-03348615

Maryland Montgomery County Gaithersburg 20878 Shady Grove

301 High Gables Dr Unit 210, Gaithersburg, MD

Not Listed for Sale

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