NOT LISTED FOR SALE

Lakeland Ridge Condominiums 301 High Gables Dr Unit 408 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $445,301 - $475,000

2 Beds
2 Baths
1,512 Sq Ft
$685/mo HOA Fee

Last Sold November 22, 2024

Last sale price $450,000 $298 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,509/month

12 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Fields Road Elementary School Rated A-
  • Clubhouse
  • Elevator

About This Home

As of November 2024

Sensational corner unit with large rooms and lots of natural light plus garage space and storage unit! One of Lakelands Ridge's largest units, this lovely home's fabulous floorplan features a large living and dining room with hardwood floors adjoining a spacious, open kitchen with granite countertops, lots of cabinet space, and a sunny breakfast area. The family room sits off of the kitchen and features hardwood floors and a gas-burning fireplace. The luxury primary suite and the secondary suite both include a walk-in closet and an en-suite full bath. Updates include windows, HVAC, and water heater. Located in a convenient elevator building with a secure lobby, this unit offers close access to the community pool, clubhouse, and exercise room and is seconds from Kentlands' countless shopping, dining, and entertainment options.

Last Agent to Sell the Property

Meredith Fogle

(301) 602-3904 meredith@meredithfogle.com The List Realty License #512005 Listed on: 10/10/2024

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,793

Year Built

  • Built in 2001

Lot Details

  • 784

HOA Fees

  • $685 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Entry on the 4th floor
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903348796

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Lakeland Ridge Codm Community
  • Lakelands Ridge Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,793

Year Built

Built in 2001

Lot Details

0

HOA Fees

$685 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-11
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 307.54
  • Above Grade Finished Sq Ft: 1512
  • 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, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 17.29
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 685.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Elevator, Pool - Outdoor, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4793.00
  • Assessor Parcel Number: 160903348796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 22, 2024
Sold by
Mary A Lanigan Revocable Trust and Lanigan Mary A
Bought by
Bravo Lorenzo Augusto and Szubert Magdalena Joanna
Seller's Agent
Meredith Fogle
The List Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Views
44
Current Estimated Value
$460,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,575
Avg. Annual Appreciation
2.35%
Original Mortgage
$250,000
Outstanding Balance
$247,603
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$212,972

Purchase Details

Closed on
Aug 27, 2021
Sold by
Lanigan Mary A
Bought by
Lanigan Mary A and Mary A Lanigan Revocable Trust

Purchase Details

Closed on
Aug 8, 2007
Sold by
Liu Cindy
Bought by
Lanigan Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Liu Cindy
Bought by
Lanigan Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Siemien Mary P
Bought by
Liu Cindy

Purchase Details

Closed on
Aug 21, 2001
Sold by
Great Seneca Llc
Bought by
Siemien Mary P
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
Bravo Lorenzo Augusto $450,000 Global Title
Bravo Lorenzo Augusto $450,000 Global Title
Lanigan Mary A -- None Available
Lanigan Mary A $422,000 --
Lanigan Mary A $422,000 --
Liu Cindy $372,000 --
Siemien Mary P $235,433 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravo Lorenzo Augusto $250,000
Closed Bravo Lorenzo Augusto $250,000
Previous Owner Lanigan Mary A $200,000
Previous Owner Lanigan Mary A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $450,000 -3.2% $298 / Sq Ft
10/10/2024 10/10/24 For Sale $465,000 -- $308 / 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 $4,793 $370,000 -- --
2024 $4,793 $365,000 $0 $0
2023 $4,014 $360,000 $108,000 $252,000
2022 $4,493 $356,667 $0 $0
2021 $3,820 $353,333 $0 $0
2020 $7,526 $350,000 $105,000 $245,000
2019 $3,650 $340,000 $0 $0
2018 $53 $330,000 $0 $0
2017 $3,413 $320,000 $0 $0
2016 $3,705 $310,000 $0 $0
2015 $3,705 $300,000 $0 $0
2014 $3,705 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Fogle

    Seller's Agent in 2024

    Meredith Fogle

    The List Realty

    (301) 602-3904

    9 in this area

    167 Total Sales

    Meredith Fogle
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About Lakeland Ridge Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2150416

Bright MLS

APN: 09-03348796

Maryland Montgomery County Gaithersburg 20878 Shady Grove

301 High Gables Dr Unit 408, Gaithersburg, MD

Not Listed for Sale

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