NOT LISTED FOR SALE

Lakeland Ridge Condominiums 311 High Gables Dr Unit 309 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $334,000 - $358,104

1 Bed
1 Bath
1,066 Sq Ft
$315/mo HOA Fee

Last Sold September 29, 2017

Last sale price $235,000 $220 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,521/month

16 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Clubhouse
  • Fields Road Elementary School Rated A-
  • Colonial Architecture
  • Breakfast Area or Nook

About This Home

As of September 2017

Light filled and well cared for condo located on the third floor of a beautiful elevator building. The the spacious 1000+ sqft one bedroom + den floorplan is open concept with 9ft ceilings, updated carpet and fresh paint throughout, full size laundry room, kitchen with 42" cabinets and ceramic tile entry foyer. Great community with abundant green space, outdoor pool and easy access to Kentlands

Last Agent to Sell the Property

Christian Handy

RE/MAX Metropolitan Realty Listed on: 08/03/2017

Last Buyer's Agent

Christian Handy

RE/MAX Metropolitan Realty Listed on: 08/03/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 2002

Lot Details

  • 566

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,066 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Dining Area
  • Intercom
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Private Pool

Listing and Financial Details

  • Assessor Parcel Number 160903370742

Community Details

Overview

  • Association fees include pool(s), recreation facility, road maintenance, reserve funds, snow removal, trash, water, lawn maintenance, management, insurance
  • Low-Rise Condominium
  • Lakeland Ridge Subdivision, Beautiful 1 Bedroom W/ Den Floorplan
  • Lakeland Ridge C Community

Amenities

  • Clubhouse

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,749

Year Built

Built in 2002

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Remarks Public: Light filled and well cared for condo located on the third floor of a beautiful elevator building. The the spacious 1000+ sqft one bedroom + den floorplan is open concept with 9ft ceilings, updated carpet and fresh paint throughout, full size laundry room, kitchen with 42" cabinets and ceramic tile entry foyer. Great community with abundant green space, outdoor pool and easy access to Kentlands
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1066
  • Living Area Sq Ft: 1066
  • Price Per Sq Ft: 234.52
  • Above Grade Finished Sq Ft: 1066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 311

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
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 314.55
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Road Maintenance, Reserve Funds, Snow Removal, Trash, Water, Lawn Maintenance, Management, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • 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: 2017
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14086881
  • Tax Annual Amount: 2749.10
  • Assessor Parcel Number: 160903370742
  • Tax Total Finished Sq Ft: 1066
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/29/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 29, 2017
Sold by
Handy Linda Ann
Bought by
Mizrahi Andrew
Seller's Agent
Christian Handy
RE/MAX Metropolitan Realty
Buyer's Agent
Christian Handy
RE/MAX Metropolitan Realty
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Current Estimated Value
$350,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,526
Avg. Annual Appreciation
5.12%
Original Mortgage
$176,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Wang Beverly Peyi
Bought by
Handy Linda Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,112
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Wang Wayne M
Bought by
Wang Beverly Peyi

Purchase Details

Closed on
Mar 4, 2002
Sold by
Great Seneca Llc
Bought by
Wang Wayne M and Wang Cindy M
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
Mizrahi Andrew $235,000 Rsi Title Llc
Handy Linda Ann $243,524 --
Wang Beverly Peyi $200,000 --
Wang Beverly Peyi $200,000 --
Wang Wayne M $146,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mizrahi Andrew $174,500
Closed Mizrahi Andrew $176,250
Previous Owner Handy Linda Ann $229,419
Previous Owner Handy Linda Ann $239,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $235,000 -6.0% $220 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $250,000 -- $235 / 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 $3,557 $305,000 -- --
2024 $3,557 $270,000 $0 $0
2023 $2,395 $235,000 $70,500 $164,500
2022 $2,876 $228,333 $0 $0
2021 $2,155 $221,667 $0 $0
2020 $4,122 $215,000 $64,500 $150,500
2019 $2,069 $215,000 $64,500 $150,500
2018 $2,082 $215,000 $64,500 $150,500
2017 $2,057 $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

  • C

    Seller's Agent in 2017

    Christian Handy

    RE/MAX

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About Lakeland Ridge Condominiums

Map

Source: Bright MLS

MLS Number: 1000193825

Bright MLS

APN: 09-03370742

Maryland Montgomery County Gaithersburg 20878 Shady Grove

311 High Gables Dr Unit 309, Gaithersburg, MD

This home is located at 311 High Gables Dr Unit 309, Gaithersburg, MD 20878 since 03 August 2017 and is currently estimated at $350,526, approximately $328 per square foot. This property was built in 2002. 311 High Gables Dr Unit 309 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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