402 Ridgepoint Place Unit 16 Gaithersburg, MD 20878
Kentlands Neighborhood
3
Beds
2
Baths
1,241
Sq Ft
$396/mo
HOA Fee
Highlights
- Private Pool
- Open Floorplan
- Wood Flooring
- Rachel Carson Elementary School Rated A
- Colonial Architecture
- 1 Fireplace
About This Home
As of March 2020Take a fresh look at this newly improved condo in the Kentlands, 2 BR with den/office, 2 BA that has hardwood floors (LR, DR, Foyer), all new carpet, paint, granite counters, SS refrig & stove. Open and airy, view of sunset, no stairs to climb, secured building, reserved parking, pool, tennis, playgrounds, more. Move in for the holidays. Open by appointment.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,647
Year Built
- Built in 1993
HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,241 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- 1 Fireplace
- Window Treatments
- Combination Dining and Living Room
- Wood Flooring
- Intercom
Kitchen
- Stove
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Parking Space Number Location: 129
- Rented or Permit Required
- 1 Assigned Parking Space
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
- Ramp on the main level
- Private Pool
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 160903037334
- $193 Front Foot Fee per year
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, road maintenance, snow removal, pool(s)
- Low-Rise Condominium
- Kentlands View C Community
- Kentlands View Subdivision
- The community has rules related to covenants
Recreation
- Tennis Courts
- Community Pool
- Jogging Path
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2023
Sold by
Motamedi Kevin S and Motamedi Ladan
Bought by
Motamedi Kevin S and Musayeva Leyla
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$182,551
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$253,577
Purchase Details
Listed on
Feb 27, 2020
Closed on
Mar 24, 2020
Sold by
Mcelfatrick George C and Mcelfatrick Anna G
Bought by
Motamedi Kevin Motamedi Ladan and Gettings Sara Naz
Seller's Agent
Nancy Hodges
RE/MAX Realty Centre, Inc.
Buyer's Agent
Ruth Sachs
EXP Realty, LLC
List Price
$305,000
Sold Price
$305,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$213,500
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 17, 2016
Closed on
Nov 30, 2016
Sold by
Wong Lorraine and Wong Elaine G
Bought by
Mcelfatrick George C and Mcelfatrick Anna G
Seller's Agent
Charles Niu
Independent Realty, Inc
Buyer's Agent
Nancy Hodges
RE/MAX Realty Centre, Inc.
List Price
$283,000
Sold Price
$278,000
Premium/Discount to List
-$5,000
-1.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Purchase Details
Listed on
Mar 6, 2013
Closed on
Apr 5, 2013
Sold by
Stone Financing Llc
Bought by
Wong Lorraine
Seller's Agent
Seema Rodriguez
RE/MAX Realty Centre, Inc.
Buyer's Agent
Charles Niu
Independent Realty, Inc
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Purchase Details
Listed on
Mar 6, 2013
Closed on
Mar 25, 2013
Sold by
Mueda Mark A
Bought by
Stone Financing Llc
Seller's Agent
Seema Rodriguez
RE/MAX Realty Centre, Inc.
Buyer's Agent
Charles Niu
Independent Realty, Inc
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Purchase Details
Closed on
Apr 24, 2007
Sold by
Poulin David C
Bought by
Mueda Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 16, 2007
Sold by
Poulin David C
Bought by
Mueda Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 28, 2000
Sold by
Hunter W Lee W and Hunter P A
Bought by
Poulin David C and Poulin Zaida M
Purchase Details
Closed on
Oct 28, 1993
Sold by
Gorge@Kentlnds Rocky
Bought by
Hunter W L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,654 | Capitol Title | |
| Special Warranty Deed | $305,000 | Accommodation | |
| Deed | $278,000 | None Available | |
| Deed | $280,000 | Brennan Title Company Nation | |
| Deed | $280,000 | Brennan Title Company | |
| Deed | $325,000 | -- | |
| Deed | $325,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $141,344 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $185,000 | New Conventional | |
| Previous Owner | $213,500 | New Conventional | |
| Previous Owner | $65,000 | Stand Alone Second | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $260,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2020 03/27/20 | Sold | $305,000 | 0.0% | $246 / Sq Ft |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $305,000 | +9.7% | $246 / Sq Ft |
| 11/30/2016 11/30/16 | Sold | $278,000 | -1.8% | $224 / Sq Ft |
| 10/31/2016 10/31/16 | Pending | -- | -- | -- |
| 10/14/2016 10/14/16 | For Sale | $283,000 | +1.8% | $228 / Sq Ft |
| 10/08/2016 10/08/16 | Off Market | $278,000 | -- | -- |
| 09/22/2016 09/22/16 | For Sale | $283,000 | +1.8% | $228 / Sq Ft |
| 09/19/2016 09/19/16 | Off Market | $278,000 | -- | -- |
| 09/12/2016 09/12/16 | Price Changed | $283,000 | -1.7% | $228 / Sq Ft |
| 08/17/2016 08/17/16 | For Sale | $288,000 | 0.0% | $232 / Sq Ft |
| 10/07/2013 10/07/13 | Rented | $1,850 | 0.0% | -- |
| 09/22/2013 09/22/13 | Under Contract | -- | -- | -- |
| 09/06/2013 09/06/13 | For Rent | $1,850 | 0.0% | -- |
| 06/17/2013 06/17/13 | Rented | $1,850 | -5.1% | -- |
| 06/16/2013 06/16/13 | Under Contract | -- | -- | -- |
| 05/16/2013 05/16/13 | For Rent | $1,950 | 0.0% | -- |
| 04/05/2013 04/05/13 | Sold | $280,000 | +1.8% | $226 / Sq Ft |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- |
| 03/06/2013 03/06/13 | For Sale | $275,000 | -- | $222 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,162 | $311,667 | $0 | $0 |
| 2023 | $0 | $290,000 | $87,000 | $203,000 |
| 2022 | $3,715 | $286,667 | $0 | $0 |
| 2021 | $3,689 | $283,333 | $0 | $0 |
| 2020 | $3,635 | $280,000 | $84,000 | $196,000 |
| 2019 | $5,909 | $280,000 | $84,000 | $196,000 |
| 2018 | $3,564 | $280,000 | $84,000 | $196,000 |
| 2017 | $3,737 | $285,000 | $0 | $0 |
| 2016 | $3,112 | $270,000 | $0 | $0 |
| 2015 | $3,112 | $255,000 | $0 | $0 |
| 2014 | $3,112 | $240,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Nancy Hodges
RE/MAX
(301) 938-5149
56 Total Sales
-
R
Buyer's Agent in 2020
Ruth Sachs
EXP Realty, LLC
-
Seller's Agent in 2016
Charles Niu
Independent Realty, Inc
(240) 426-7937
9 Total Sales
-
Seller's Agent in 2013
Rebecca Lewis
Coldwell Banker Realty
(240) 603-8418
1 in this area
57 Total Sales
-
Seller's Agent in 2013
Seema Rodriguez
RE/MAX
(301) 922-1770
104 Total Sales
Map
Source: Bright MLS
MLS Number: 1002453469
APN: 09-03037334
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