NOT LISTED FOR SALE

404 Ridgepoint Place Unit 32 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $413,653 - $561,000

2 Beds
2 Baths
1,439 Sq Ft
$361/mo HOA Fee

Last Sold June 26, 2013

Last sale price $310,000 $215 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,264/month

3 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Community Lake

About This Home

As of June 2013

Gorgeous penthouse loft condo w loads of sunlight - 2 bedrms, 2 full baths - 20 foot ceilings with skylights - gourmet kitchen w granite counters and stainless steel appliances, breakfast bar, separate dining room - large family rm with firepl over looking balcony - loft features media/office area - lux master suite w soaking tub - reserved parking space w extra spaces - all kentlands amenities

Last Agent to Sell the Property

Charlie Holbrook

RE/MAX Metropolitan Realty License #MRIS:3009 Listed on: 05/18/2013

Last Buyer's Agent

Katy Thoms

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 1993

Lot Details

  • Property is in very good condition

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,439 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Loft
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160903037391
  • $193 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, management, insurance, pool(s), recreation facility, reserve funds, trash
  • Low-Rise Condominium
  • Kentlands View Community
  • Kentlands View Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Party Room

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,844

Year Built

Built in 1993

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1993
  • Remarks Public: Gorgeous penthouse loft condo w loads of sunlight - 2 bedrms, 2 full baths - 20 foot ceilings with skylights - gourmet kitchen w granite counters and stainless steel appliances, breakfast bar, separate dining room - large family rm with firepl over looking balcony - loft features media/office area - lux master suite w soaking tub - reserved parking space w extra spaces - all kentlands amenities
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Intercom, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Penthouse
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1439
  • Living Area Sq Ft: 1439
  • Price Per Sq Ft: 215.43
  • Above Grade Finished Sq Ft: 1439
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

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
  • Construction Materials: Brick
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • 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

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 361.05
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Exercise Room, Jog/Walk Path, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977587
  • Tax Annual Amount: 3844.38
  • Assessor Parcel Number: 160903037391
  • Tax Total Finished Sq Ft: 1439
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 06/26/2013

Multi Family

  • Front Foot Fee: 193.00
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Jun 26, 2013
Sold by
Brown Keith C
Bought by
Braham Miranda I
Seller's Agent
Charlie Holbrook
RE/MAX Metropolitan Realty
Buyer's Agent
Katy Thoms
Long & Foster Real Estate, Inc.
List Price
$310,000
Sold Price
$310,000
Total Days on Market
3
Current Estimated Value
$454,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,163
Avg. Annual Appreciation
2.88%
Original Mortgage
$294,500
Outstanding Balance
$220,843
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$213,956

Purchase Details

Closed on
Oct 11, 2002
Sold by
Clawson Jason B Tr
Bought by
Brown Keith C

Purchase Details

Closed on
May 13, 2002
Sold by
Clawson Jason B
Bought by
Clawson Jason B Tr

Purchase Details

Closed on
Nov 3, 1993
Sold by
Gorge@Kentlnds Rocky
Bought by
Clawson Jason B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
6.83%
Source: Public Records

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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
Braham Miranda I $310,000 First American Title Ins Co
Brown Keith C $235,000 --
Clawson Jason B Tr -- --
Clawson Jason B $155,428 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braham Miranda I $294,500
Previous Owner Clawson Jason B $139,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $310,000 0.0% $215 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $310,000 -- $215 / 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
2024 $4,249 $318,333 $0 $0
2023 $3,235 $295,000 $88,500 $206,500
2022 $3,695 $293,333 $0 $0
2021 $6,205 $291,667 $0 $0
2020 $6,162 $290,000 $87,000 $203,000
2019 $6,162 $290,000 $87,000 $203,000
2018 $3,691 $290,000 $87,000 $203,000
2017 $3,656 $315,000 $0 $0
2016 -- $300,000 $0 $0
2015 $3,237 $285,000 $0 $0
2014 $3,237 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004484157

Bright MLS

APN: 09-03037391