NOT LISTED FOR SALE

Lakeland Ridge Condominiums 311 High Gables Dr Unit 101 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $419,814 - $457,000

2 Beds
2 Baths
1,446 Sq Ft
$462/mo HOA Fee

Last Sold April 25, 2022

Last sale price $375,000 $259 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,178/month

19 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Traditional Architecture
  • Fields Road Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of April 2022

This home is located at 311 High Gables Dr Unit 101, Gaithersburg, MD 20878 since 05 February 2022 and is currently estimated at $440,704, approximately $304 per square foot. This property was built in 2002. 311 High Gables Dr Unit 101 is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Johnson Upper Elementary School, and Madison Middle School.

Last Agent to Sell the Property

Kira Epstein Begal

(240) 899-8577 kira.epstein@wfp.com Washington Fine Properties, LLC License #593293 Listed on: 02/05/2022

Washington Fine Properties, LLC

Last Buyer's Agent

Joshua Pratt

(801) 367-1544 joshuaallenpratt@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 2002

Lot Details

  • 828

HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #190
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Additional Features

  • Exterior Lighting
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160903370514

Community Details

Overview

  • Association fees include water
  • Low-Rise Condominium
  • Lakeland Ridge Codm Community
  • Lakeland Ridge Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,112

Year Built

Built in 2002

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Assigned Parking Space Numbers: 190
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Washer, Dryer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open, Recessed Lighting, Tub Shower, Stall Shower, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1446
  • Living Area Sq Ft: 1446
  • Price Per Sq Ft: 269.02
  • Above Grade Finished Sq Ft: 1446
  • 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
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

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

  • HOA Fees: 135.95
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 326.04
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Swimming Pool, Fitness Center
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4112.00
  • Assessor Parcel Number: 160903370514
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 7, 2013
Sold by
Bakshi Gagan and Bakshi Ambica
Bought by
Obrien Ann M
Seller's Agent
Jennifer Nangle
Long & Foster Real Estate, Inc.
Buyer's Agent
Kira Epstein Begal
Washington Fine Properties, LLC
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$440,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,704
Avg. Annual Appreciation
2.34%
Original Mortgage
$230,000
Outstanding Balance
$163,317
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$277,387

Purchase Details

Closed on
May 16, 2012
Sold by
Bakshi Ambica
Bought by
Bakshi Gagan and Bakshi Ambica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,847
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2011
Sold by
Karandana Chamila
Bought by
Bakshi Ambica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,775
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2004
Sold by
Kim Joung H
Bought by
Karandana Chamila

Purchase Details

Closed on
Mar 20, 2002
Sold by
Great Seneca Llc
Bought by
Kim Joung H and Kim Jin S

Purchase Details

Closed on
Jan 31, 2002
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Great Seneca Llc
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
Obrien Ann M $330,000 Db Rgs Title Of Beth
Bakshi Gagan -- Fidelity National
Bakshi Ambica $285,000 None Available
Karandana Chamila $315,000 --
Kim Joung H $188,040 --
Great Seneca Llc $864,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Ann M $230,000
Previous Owner Bakshi Gagan $281,847
Previous Owner Bakshi Ambica $277,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $375,000 -3.6% $259 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $389,000 +17.9% $269 / Sq Ft
06/07/2013 06/07/13 Sold $330,000 0.0% $228 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $330,000 -- $228 / 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 $4,750 $378,333 -- --
2024 $4,750 $361,667 $0 $0
2023 $5,204 $345,000 $103,500 $241,500
2022 $3,549 $333,333 $0 $0
2021 $3,420 $321,667 $0 $0
2020 $3,259 $310,000 $93,000 $217,000
2019 $3,272 $310,000 $93,000 $217,000
2018 $3,291 $310,000 $93,000 $217,000
2017 $3,328 $320,000 $0 $0
2016 -- $303,333 $0 $0
2015 $3,269 $286,667 $0 $0
2014 $3,269 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kira Epstein Begal

    Seller's Agent in 2022

    Kira Epstein Begal

    Washington Fine Properties, LLC

    (240) 899-8577

    1 in this area

    305 Total Sales

    Kira Epstein Begal
    Section Image
  • Joshua Pratt

    Buyer's Agent in 2022

    Joshua Pratt

    Long & Foster

    (801) 367-1544

    5 in this area

    86 Total Sales

    Joshua Pratt
    Section Image
  • Jennifer Nangle

    Seller's Agent in 2013

    Jennifer Nangle

    Long & Foster

    (302) 539-9040

    24 Total Sales

    Jennifer Nangle
    Section Image
See All Agents

About Lakeland Ridge Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2036190

Bright MLS

APN: 09-03370514

Maryland Montgomery County Gaithersburg 20878 Shady Grove

311 High Gables Dr Unit 101, Gaithersburg, MD

Not Listed for Sale

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