NOT LISTED FOR SALE

408 Ridgepoint Place Unit 18 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $345,000 - $454,000

2 Beds
2 Baths
1,098 Sq Ft
$397/mo HOA Fee

Last Sold April 14, 2017

Last sale price $279,900 $255 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,876/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Rachel Carson Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of April 2017

Great price for this ground lvl Kentlands condo! Open, light-filled flrpln. Kitch renovated w/sparkling granite counters, decorator tile, upgraded appliances, new cabinets. Updated flooring incl Pergo in entry foyer & new crpt throughout. LR has fireplace w/granite surround & door to sunny patio. Spacious mstr w/room for home office. Newer HVAC, decorator lighting & blinds, stunning sunset views!

Last Agent to Sell the Property

Meredith Fogle

(301) 602-3904 meredith@meredithfogle.com The List Realty License #512005 Listed on: 01/12/2017

Last Buyer's Agent

Joe Preston

(301) 613-5084 wjoepjr@gmail.com RE/MAX Town Center License #631409

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1993

Lot Details

  • 1,089

HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,098 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Microwave
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 140
  • 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

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 160903028501
  • $193 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, lawn maintenance, recreation facility, pool(s), snow removal, trash, exterior building maintenance, insurance
  • Low-Rise Condominium
  • Kentlands View C Community
  • Kentlands Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,480

Year Built

Built in 1993

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Year Built: 1993
  • Remarks Public: Great price for this ground lvl Kentlands condo! Open, light-filled flrpln. Kitch renovated w/sparkling granite counters, decorator tile, upgraded appliances, new cabinets. Updated flooring incl Pergo in entry foyer & new crpt throughout. LR has fireplace w/granite surround & door to sunny patio. Spacious mstr w/room for home office. Newer HVAC, decorator lighting & blinds, stunning sunset views!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer, Oven/Range - Electric, Water Heater
  • Interior Amenities: Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, 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: 1098
  • Living Area Sq Ft: 1098
  • Price Per Sq Ft: 254.92
  • Above Grade Finished Sq Ft: 1098
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

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
  • 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
  • Parking Space Number Assigned: 140

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.29
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 296.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Lawn Maintenance, Recreation Facility, Pool(s), Snow Removal, Trash, Ext Bldg Maint, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977335
  • Tax Annual Amount: 3479.70
  • Assessor Parcel Number: 160903028501
  • Tax Total Finished Sq Ft: 1098
  • Tax Year: 2016
  • Close Date: 04/14/2017

Multi Family

  • Front Foot Fee: 193.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 14, 2017
Sold by
Katzen Jamie Bess
Bought by
Riggio Lynnette
Seller's Agent
Meredith Fogle
The List Realty
Buyer's Agent
Joe Preston
RE/MAX Town Center
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$403,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,497
Avg. Annual Appreciation
4.78%
Original Mortgage
$265,905
Outstanding Balance
$223,232
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$192,220

Purchase Details

Closed on
Jul 1, 2008
Sold by
Carlsen John K
Bought by
Katzen Jamie Bess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Carlsen John K
Bought by
Katzen Jamie Bess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Elder Timothy E
Bought by
Carlsen John K

Purchase Details

Closed on
Oct 7, 1993
Sold by
Gorge@Kentlnds Rocky
Bought by
Elder Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,055
Interest Rate
6.9%
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
Riggio Lynnette $279,900 Certified Title Corporation
Katzen Jamie Bess $274,000 --
Katzen Jamie Bess $274,000 --
Carlsen John K $225,000 --
Carlsen John K $225,000 --
Elder Timothy E $120,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggio Lynnette $265,905
Previous Owner Katzen Jamie Bess $246,500
Previous Owner Katzen Jamie Bess $246,500
Previous Owner Elder Timothy E $122,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $279,900 0.0% $255 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $279,900 -- $255 / 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 $4,075 $325,000 -- --
2024 $4,075 $305,000 $0 $0
2023 $3,105 $285,000 $85,500 $199,500
2022 $3,527 $280,000 $0 $0
2021 $5,784 $275,000 $0 $0
2020 $5,634 $270,000 $81,000 $189,000
2019 $5,656 $270,000 $81,000 $189,000
2018 $3,436 $270,000 $81,000 $189,000
2017 $3,070 $270,000 $0 $0
2016 $3,050 $256,667 $0 $0
2015 $3,050 $243,333 $0 $0
2014 $3,050 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Fogle

    Seller's Agent in 2017

    Meredith Fogle

    The List Realty

    (301) 602-3904

    97 in this area

    167 Total Sales

    Meredith Fogle
    Section Image
  • Joe Preston

    Buyer's Agent in 2017

    Joe Preston

    RE/MAX

    (301) 613-5084

    56 Total Sales

    Joe Preston
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002480343

Bright MLS

APN: 09-03028501

Maryland Montgomery County Gaithersburg 20878 Kentlands

408 Ridgepoint Place Unit 18, Gaithersburg, MD

This home is located at 408 Ridgepoint Place Unit 18, Gaithersburg, MD 20878 since 12 January 2017 and is currently estimated at $403,397, approximately $367 per square foot. This property was built in 1993. 408 Ridgepoint Place Unit 18 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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