NOT LISTED FOR SALE

408 Ridgepoint Place Unit 16 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $412,203 - $537,000

3 Beds
2 Baths
1,244 Sq Ft
$377/mo HOA Fee

Last Sold April 08, 2016

Last sale price $288,000 $232 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,230/month

35 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Family Room Off Kitchen
  • Rachel Carson Elementary School Rated A
  • 1 Fireplace
  • Cooling Available

About This Home

As of April 2016

Spacious 3 bedroom, 2 full bath condo on first level in lovely Kentlands community. Secured building entrance. W/W carpet, FP, balcony and open floor plan. Move in ready! No FHA

Last Agent to Sell the Property

Andy Werner

RE/MAX Realty Services License #0225181232 Listed on: 01/26/2016

RE/MAX Realty Services

Co-Listed By

Laura Patterson

RE/MAX Realty Group

Last Buyer's Agent

Stephen McClung

Long & Foster Real Estate, Inc. License #MRIS:3093553

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1993

Lot Details

  • 1,089

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,244 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903028498

Community Details

Overview

  • Low-Rise Condominium
  • Kentlands View Codm Community
  • Kentlands View Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,162

Year Built

Built in 1993

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1993
  • Remarks Public: Spacious 3 bedroom, 2 full bath condo on first level in lovely Kentlands community. Secured building entrance. W/W carpet, FP, balcony and open floor plan. Move in ready! No FHA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1244
  • Living Area Sq Ft: 1244
  • Price Per Sq Ft: 241.08
  • Above Grade Finished Sq Ft: 1244
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 377.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Property Attached Yn: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977334
  • Assessor Parcel Number: 160903028498
  • Tax Total Finished Sq Ft: 1244
  • Close Date: 04/08/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 8, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Mcclung David and Mcclung Mary
Seller's Agent
Andy Werner
RE/MAX Realty Services
Buyer's Agent
Stephen McClung
Long & Foster Real Estate, Inc.
List Price
$299,900
Sold Price
$288,000
Premium/Discount to List
-$11,900
-3.97%
Total Days on Market
35
Current Estimated Value
$446,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,551
Avg. Annual Appreciation
4.66%
Original Mortgage
$230,400
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Larson Matthew B and Larson Matthew
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Jul 30, 2007
Sold by
Shaver Robert B
Bought by
Larson Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Shaver Robert B
Bought by
Larson Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Menighan Thomas E
Bought by
Shaver Robert B

Purchase Details

Closed on
Oct 25, 2000
Sold by
Edell Gary
Bought by
Menighan Thomas E
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
Mcclung David $288,000 Attorney
Wilmington Savings Fund Society Fsb $277,650 Attorney
Larson Matthew $306,000 --
Larson Matthew $306,000 --
Shaver Robert B $260,000 --
Menighan Thomas E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcclung Mary $0
Open Mcclung Mary $214,500
Closed Rigio Lynette $265,905
Closed Mcclung David $230,400
Previous Owner Larson Matthew $290,700
Previous Owner Larson Matthew $290,700
Previous Owner Shaver Robert B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $288,000 -4.0% $232 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $299,900 -- $241 / 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 $4,162 $311,667 $0 $0
2023 $3,170 $290,000 $87,000 $203,000
2022 $3,611 $286,667 $0 $0
2021 $5,995 $283,333 $0 $0
2020 $5,887 $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 $3,937 $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

  • Andy Werner

    Seller's Agent in 2016

    Andy Werner

    RE/MAX

    (301) 252-4770

    2 in this area

    254 Total Sales

    Andy Werner
    Section Image
  • Laura Patterson

    Seller Co-Listing Agent in 2016

    Laura Patterson

    Remax Realty Group

    (240) 476-2166

    1 in this area

    17 Total Sales

    Section Image
  • Stephen McClung

    Buyer's Agent in 2016

    Stephen McClung

    Long & Foster

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002398941

Bright MLS

APN: 09-03028498

Maryland Montgomery County Gaithersburg 20878 Kentlands

408 Ridgepoint Place Unit 16, Gaithersburg, MD

This home is located at 408 Ridgepoint Place Unit 16, Gaithersburg, MD 20878 since 26 January 2016 and is currently estimated at $446,551, approximately $358 per square foot. This property was built in 1993. 408 Ridgepoint Place Unit 16 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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