NOT LISTED FOR SALE

Lakeland Ridge Condominiums 301 High Gables Dr Unit 409 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $335,000 - $357,719

1 Bed
1 Bath
1,077 Sq Ft
$325/mo HOA Fee

Last Sold April 18, 2016

Last sale price $226,000 $210 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,558/month

65 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Open Floorplan
  • Fields Road Elementary School Rated A-
  • Gourmet Kitchen
  • 1 Fireplace

About This Home

As of April 2016

TOP FLOOR! GORGEOUS, SPACIOUS, LIGHT FILLED MODEL, GENTLY LIVED IN. SPACIOUS OWNERS SUITE WITH WALK-IN CLOSET. SUN ROOM, OUTDOOR SWIMMING POOL. NEAR SHOPPING, KENTLANDS, MALL AND MAJOR TRANSPORTATION ROUTES. CALL LA FOR BUILDING ACCESS CODE.

Last Agent to Sell the Property

Phillip Yu

Nitro Realty Listed on: 01/19/2016

Nitro Realty

Last Buyer's Agent

Jianmin Liu

Libra Realty, LLC License #640993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2001

Lot Details

  • 436

HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,077 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool

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 160903348808

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, reserve funds, road maintenance, snow removal, water
  • Low-Rise Condominium
  • Lakeland Ridge C Community
  • Lakeland Ridge Subdivision
  • The community has rules related to covenants

Amenities

  • Community Center
  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,555

Year Built

Built in 2001

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Remarks Public: TOP FLOOR! GORGEOUS, SPACIOUS, LIGHT FILLED MODEL, GENTLY LIVED IN. SPACIOUS OWNERS SUITE WITH WALK-IN CLOSET. SUN ROOM, OUTDOOR SWIMMING POOL. NEAR SHOPPING, KENTLANDS, MALL AND MAJOR TRANSPORTATION ROUTES. CALL LA FOR BUILDING ACCESS CODE.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1077
  • Living Area Sq Ft: 1077
  • Price Per Sq Ft: 225.63
  • Above Grade Finished Sq Ft: 1077
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

  • HOA Fees: 109.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 216.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Pool - Outdoor, Community Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Snow Removal, Water
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Improvement Assessed Value: 150500.00
  • Land Assessed Value: 64500.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14086424
  • Tax Annual Amount: 2555.15
  • Assessor Parcel Number: 160903348808
  • Tax Total Finished Sq Ft: 1077
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 04/18/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Apr 18, 2016
Sold by
Wang Yinti
Bought by
Wang Mike Shih Chi and Wang Peter Shih Hao
Seller's Agent
Phillip Yu
Nitro Realty
Buyer's Agent
Jianmin Liu
Libra Realty, LLC
List Price
$243,000
Sold Price
$226,000
Premium/Discount to List
-$17,000
-7%
Current Estimated Value
$350,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,680
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Lough Blair
Bought by
Park Il Joon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2002
Sold by
Razak Samira H and Razak Abdul P
Bought by
Lough Blair

Purchase Details

Closed on
Sep 28, 2001
Sold by
Great Seneca Llc
Bought by
Razak Samira H and Razak Abdul P
Source: Public Records

Range of Values:

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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
Wang Mike Shih Chi -- Sage Title Group Llc
Wang Yinti $226,000 First American Title
Park Il Joon $240,000 --
Lough Blair $170,000 --
Razak Samira H $143,910 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Mike $30,000
Previous Owner Park Il Joon $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $226,000 -7.0% $210 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $243,000 -- $226 / 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 $3,556 $270,000 $0 $0
2023 $3,778 $235,000 $70,500 $164,500
2022 $2,876 $228,333 $0 $0
2021 $2,154 $221,667 $0 $0
2020 $4,120 $215,000 $64,500 $150,500
2019 $2,068 $215,000 $64,500 $150,500
2018 $2,081 $215,000 $64,500 $150,500
2017 $2,054 $215,000 $0 $0
2016 $2,832 $206,667 $0 $0
2015 $2,832 $198,333 $0 $0
2014 $2,832 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Yu

    Seller's Agent in 2016

    Phillip Yu

    Nitro Realty

    (301) 814-3583

    10 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jianmin Liu

    Libra Realty, LLC

    (240) 654-7119

    1 in this area

    63 Total Sales

    Section Image
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About Lakeland Ridge Condominiums

Map

Source: Bright MLS

MLS Number: 1002398109

Bright MLS

APN: 09-03348808

Maryland Montgomery County Gaithersburg 20878 Shady Grove

301 High Gables Dr Unit 409, Gaithersburg, MD

This home is located at 301 High Gables Dr Unit 409, Gaithersburg, MD 20878 since 19 January 2016 and is currently estimated at $350,680, approximately $325 per square foot. This property was built in 2001. 301 High Gables Dr Unit 409 is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

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