$293,500
SOLD NOV 9, 2016

304 Ridgepoint Place Unit 24 Gaithersburg, MD 20878

Kentlands Neighborhood
3 Beds
2 Baths
1,243 Sq Ft
$397/mo HOA Fee

Recently Sold

$236 Per Sq Ft

7% Below List Price

Highlights

  • Fitness Center
  • Open Floorplan
  • 1 Fireplace
  • Rachel Carson Elementary School Rated A
  • Colonial Architecture
  • Upgraded Countertops

About This Home

As of November 2016

Move right in to this bright & airy, beautifully updated 3 bedroom unit! Kitchen sparkles w/granite, stainless, breaskfast bar & new floor. Large living room w/fireplace, separate dining room. Spacious master w/walk-in closet & en-suite full bath. Breathtaking Sugarloaf & sunset views from covered balcony. In-unit laundry, assigned parking. Secure building w/access to all Kentlands amenities.

Last Agent to Sell the Property

Meredith Fogle

(301) 602-3904 meredith@meredithfogle.com The List Realty License #512005 Listed on: 06/03/2016

Last Buyer's Agent

Tito Valladares

(571) 722-2788 casastito@hotmail.com NBI Realty, LLC License #0225032937

NBI Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 1993

HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,243 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Parking Space Number Location: 1201
  • 1 Assigned Parking Space
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160903049673
  • $167 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, lawn maintenance, exterior building maintenance, pool(s), trash, reserve funds, snow removal
  • Low-Rise Condominium
  • Kentlands View C Community
  • Kentlands Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 1993

Lot Details

0

HOA Fees

$397 per month

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
  • Year Built: 1993
  • Remarks Public: Move right in to this bright & airy, beautifully updated 3 bedroom unit! Kitchen sparkles w/granite, stainless, breaskfast bar & new floor. Large living room w/fireplace, separate dining room. Spacious master w/walk-in closet & en-suite full bath. Breathtaking Sugarloaf & sunset views from covered balcony. In-unit laundry, assigned parking. Secure building w/access to all Kentlands amenities.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Intercom, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, 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: 1243
  • Living Area Sq Ft: 1243
  • Price Per Sq Ft: 241.27
  • Above Grade Finished Sq Ft: 1243
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 304

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned
  • Parking Space Number Assigned: 1201

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.31
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 296.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Exercise Room, Jog/Walk Path, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Management, Lawn Maintenance, Ext Bldg Maint, Pool(s), Trash, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • 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
  • School District Key: 121138126809
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Improvement Assessed Value: 199500.00
  • Land Assessed Value: 85500.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977898
  • Tax Annual Amount: 3484.80
  • Assessor Parcel Number: 160903049673
  • Tax Total Finished Sq Ft: 1243
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/09/2016

Multi Family

  • Front Foot Fee: 166.60

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Nov 9, 2016
Sold by
Funkhouser Donald W and Funkhouser Emily C
Bought by
Shtipelman Alla A
Seller's Agent
Meredith Fogle
The List Realty
Buyer's Agent
Tito Valladares
NBI Realty, LLC
List Price
$314,900
Sold Price
$293,500
Premium/Discount to List
-$21,400
-6.8%
Current Estimated Value
$446,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,424
Avg. Annual Appreciation
5.09%
Original Mortgage
$234,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Mccarthy Richard L Tr
Bought by
Funkhouser Donald W and Funkhouser Emily C

Purchase Details

Closed on
Dec 5, 2003
Sold by
Walder Daniel
Bought by
Mccarthy Richard L Tr

Purchase Details

Closed on
Apr 12, 2001
Sold by
Fuchs Edwards A
Bought by
Walder Daniel

Purchase Details

Closed on
Jul 16, 1998
Sold by
Bilyie L Luhn
Bought by
Edwards A Fuchs

Purchase Details

Closed on
Apr 6, 1994
Sold by
Gorge@Kentlnds Rocky
Bought by
Luhn Bilyie L
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 Type Sale Price Title Company
Deed $293,500 Pinnacle Title & Escrow Inc
Deed $315,000 --
Deed $275,000 --
Deed $275,000 --
Deed $163,000 --
Deed $128,000 --
Deed $144,375 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Rented $1,950 0.0% --
05/25/2018 05/25/18 Under Contract -- -- --
04/16/2018 04/16/18 For Rent $1,950 0.0% --
05/20/2017 05/20/17 Rented $1,950 -7.1% --
05/01/2017 05/01/17 Under Contract -- -- --
03/12/2017 03/12/17 For Rent $2,099 0.0% --
11/09/2016 11/09/16 Sold $293,500 -2.1% $236 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/01/2016 09/01/16 Price Changed $299,900 -3.2% $241 / Sq Ft
06/14/2016 06/14/16 Price Changed $309,900 -1.6% $249 / Sq Ft
06/03/2016 06/03/16 For Sale $314,900 -- $253 / 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 $4,162 $333,333 -- --
2024 $4,162 $311,667 $0 $0
2023 $3,862 $290,000 $87,000 $203,000
2022 $3,611 $286,667 $0 $0
2021 $3,689 $283,333 $0 $0
2020 $3,646 $280,000 $84,000 $196,000
2019 $3,646 $280,000 $84,000 $196,000
2018 $3,564 $280,000 $84,000 $196,000
2017 $3,791 $285,000 $0 $0
2016 -- $270,000 $0 $0
2015 $3,647 $255,000 $0 $0
2014 $3,647 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002434867

Bright MLS

APN: 09-03049673