NOT LISTED FOR SALE

404 Ridgepoint Place Unit 14 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $408,000 - $463,000

3 Beds
2 Baths
1,241 Sq Ft
$436/mo HOA Fee

Last Sold January 30, 2020

Last sale price $279,000 $225 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,043/month

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Rachel Carson Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of January 2020

Motivated Seller Bring ALL OFFERS! Great opportunity, Great location, come and make this your own. Terrific value in Kentlands View community. 3 bedroom 2 full baths, eat-in kitchen. First floor, no stairs, with a Balcony. Assigned parking space. Conveniently located to Kentlands shops, restaurants, theater, parks, trails, and so much more. You'll Want To See This One! A Must See!

Last Agent to Sell the Property

Leyla Torres

(301) 728-5088 leylatorres.realtor@gmail.com Samson Properties License #0225235854 Listed on: 10/10/2019

Samson Properties

Last Buyer's Agent

Leif Colon

(571) 839-4455 smartrealty.leifcolon@gmail.com Smart Realty, LLC License #677944

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1993

Lot Details

  • 1,568

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,241 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace

Kitchen

  • Built-In Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903037323

Community Details

Overview

  • Association fees include management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Kentlands View C Community
  • Kentlands View Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,559

Year Built

Built in 1993

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Low Pile Carpeting, No Stairs
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-10-18
  • Federal Flood Zone: No
  • Year Built: 1993
  • Remarks Public: Motivated Seller Bring ALL OFFERS! Great opportunity, Great location, come and make this your own. Terrific value in Kentlands View community. 3 bedroom 2 full baths, eat-in kitchen. First floor, no stairs, with a Balcony. Assigned parking space. Conveniently located to Kentlands shops, restaurants, theater, parks, trails, and so much more. You'll Want To See This One! A Must See!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1241
  • Living Area Sq Ft: 1241
  • Price Per Sq Ft: 241.66
  • Above Grade Finished Sq Ft: 1241
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

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, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 104.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 332.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RACHEL CARSON
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199500.00
  • Land Assessed Value: 85500.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977580
  • Tax Annual Amount: 3559.00
  • Assessor Parcel Number: 160903037323
  • Tax Total Finished Sq Ft: 1241
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 01/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 30, 2020
Sold by
Martin Ilene F and Martin Charles Michael
Bought by
Martinez Sandra Maria
Seller's Agent
Leyla Torres
Samson Properties
Buyer's Agent
Leif Colon
Smart Realty, LLC
List Price
$299,900
Sold Price
$279,000
Premium/Discount to List
-$20,900
-6.97%
Current Estimated Value
$426,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,340
Avg. Annual Appreciation
7.95%
Original Mortgage
$251,100
Outstanding Balance
$225,154
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$205,305

Purchase Details

Closed on
Apr 4, 2005
Sold by
Fainberg Ilene F
Bought by
Martin Ilene F and Martin Charles M

Purchase Details

Closed on
Oct 29, 1993
Sold by
Gorge@Kentlnds Rocky
Bought by
Fainberg Ilene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Martinez Sandra Maria $279,000 Kensington Realty Title Llc
Martin Ilene F -- --
Martin Ilene F -- --
Fainberg Ilene F $141,845 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Sandra Maria $251,100
Previous Owner Fainberg Ilene F $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $279,000 -7.0% $225 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $299,900 -- $242 / 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 $3,170 $290,000 $87,000 $203,000
2022 $3,023 $286,667 $0 $0
2021 $2,997 $283,333 $0 $0
2020 $5,887 $280,000 $84,000 $196,000
2019 $5,735 $280,000 $84,000 $196,000
2018 $3,564 $280,000 $84,000 $196,000
2017 $3,262 $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

  • Leyla Torres

    Seller's Agent in 2020

    Leyla Torres

    Samson Properties

    (301) 728-5088

    2 in this area

    130 Total Sales

    Leyla Torres
    Section Image
  • Leif Colon

    Buyer's Agent in 2020

    Leif Colon

    Smart Realty, LLC

    (571) 839-4455

    90 Total Sales

    Leif Colon
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC681740

Bright MLS

APN: 09-03037323

Maryland Montgomery County Gaithersburg 20878 Kentlands

404 Ridgepoint Place Unit 14, Gaithersburg, MD

This home is located at 404 Ridgepoint Place Unit 14, Gaithersburg, MD 20878 since 10 October 2019 and is currently estimated at $426,340, approximately $343 per square foot. This property was built in 1993. 404 Ridgepoint Place Unit 14 is a home located in Montgomery County with nearby schools including Rachel Carson Elementary School, Lakelands Park Middle School, and Quince Orchard High School.

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