NOT LISTED FOR SALE

Estimated Value: $351,038 - $366,000

1 Bed
1 Bath
1,002 Sq Ft
$392/mo HOA Fee

Last Sold May 09, 2023

Last sale price $360,000 $359 Per Sq Ft

Current estimated payment $2,610/month

4 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Main Floor Bedroom
  • Rachel Carson Elementary School Rated A
  • Wood Flooring
  • Sauna

About This Home

As of May 2023

OFFERS DUE Sunday April 16th 5pm.
One bedroom, one bath, LOFT penthouse condo in the heart of the Kentlands, features over 1,000 sqft. This unit features brand-new hardwood floors, brand-new carpet, high ceilings, open kitchen, and W/D in unit.
The Colonnade Community is Pet friendly (size restrictions) and amenities include a fitness center, library, wine room, party/game room, pub, lounge, theater room, an outdoor pool and more! Conveying with the purchase is an assigned parking space within a gated and covered garage.
This amazing community is close to restaurants and shopping with easy access to I-270.

Last Agent to Sell the Property

Erich Cabe

(202) 320-6469 erichcabe@gmail.com Compass Listed on: 04/11/2023

Compass

Co-Listed By

Brendon Mills

(301) 793-6411 brendon@millsfineproperties.com TTR Sotheby's International Realty License #SP200202503

Last Buyer's Agent

Andy Rubin

(301) 385-1524 remaxandyrubin@gmail.com RE/MAX Realty Centre, Inc. License #653678

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

Parking

  • Assigned parking located at #314
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,002 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Additional Features

  • Air Purifier

Listing and Financial Details

  • Assessor Parcel Number 160903516114

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Building Winterized
  • Low-Rise Condominium
  • The Colonnade Codm Condos
  • The Colonnade Codm Community
  • The Colonnade At Kentlands Subdivision
  • Property Manager

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,280

Year Built

Built in 2005

Lot Details

0

HOA Fees

$392 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-04-12
  • Federal Flood Zone: No
  • Year Built: 2005
  • Assigned Parking Space Numbers: 314
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: OFFERS DUE Sunday April 16th 5pm. One bedroom, one bath, LOFT penthouse condo in the heart of the Kentlands, features over 1,000 sqft. This unit features brand-new hardwood floors, brand-new carpet, high ceilings, open kitchen, and W/D in unit. The Colonnade Community is Pet friendly (size restrictions) and amenities include a fitness center, library, wine room, party/game room, pub, lounge, theater room, an outdoor pool and more! Conveying with the purchase is an assigned parking space within a gated and covered garage. This amazing community is close to restaurants and shopping with easy access to I-270.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater - High-Efficiency, Stainless Steel Appliances
  • Entry Floor: 4
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Skylight(s), Sprinkler System, Wood Floors
  • Window Features: Skylights, Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1002
  • Living Area Sq Ft: 1002
  • Price Per Sq Ft: 329.34
  • Above Grade Finished Sq Ft: 1002
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

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, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • 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: Covered Parking, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Air Purification System
  • 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: 252.47
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 140.42
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE COLONNADE CODM
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Sauna, Security, Hot Tub
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • 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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: MXD
  • Zoning Description: Gaithersburg Mixed Development
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098457
  • Tax Annual Amount: 3280.00
  • Assessor Parcel Number: 160903516114
  • Tax Page Number: 366
  • Tax Total Finished Sq Ft: 1002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/09/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 4, 2023
Sold by
Frye Alexandra Danielle
Bought by
Lin Chang
Seller's Agent
Erich Cabe
Compass
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$330,000
Sold Price
$360,000
Premium/Discount to List
$30,000
9.09%
Views
21
Current Estimated Value
$359,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240
Avg. Annual Appreciation
-0.03%
Original Mortgage
$200,000
Outstanding Balance
$193,759
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$166,001

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 24, 2014
Sold by
Weich Michael and Weich Ruthzaly
Bought by
Frye Alexandra Danielle
Seller's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Susan Tendall
Long & Foster Real Estate, Inc.
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$220,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Lin Chang $360,000 Fidelity National Title
Lin Chang $360,000 Fidelity National Title
Frye Alexandra Danielle $275,000 Fatico
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Chang $200,000
Closed Lin Chang $200,000
Previous Owner Frye Alexandra Danielle $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $360,000 +9.1% $359 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $330,000 +20.0% $329 / Sq Ft
07/24/2014 07/24/14 Sold $275,000 0.0% $274 / Sq Ft View Prior Sale
06/18/2014 06/18/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $274,900 -- $274 / 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 $3,736 $306,667 -- --
2024 $3,736 $283,333 $0 $0
2023 $2,724 $260,000 $78,000 $182,000
2022 $3,233 $256,667 $0 $0
2021 $2,560 $253,333 $0 $0
2020 $257 $250,000 $75,000 $175,000
2019 $2,475 $246,667 $0 $0
2018 $2,448 $243,333 $0 $0
2017 $2,400 $240,000 $0 $0
2016 -- $228,333 $0 $0
2015 $2,456 $216,667 $0 $0
2014 $2,456 $205,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2087294

Bright MLS

APN: 09-03516114