NOT LISTED FOR SALE

408 Ridgepoint Place Unit 36 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $427,000 - $611,000

3 Beds
3 Baths
1,691 Sq Ft
$360/mo HOA Fee

Last Sold January 16, 2015

Last sale price $327,500 $194 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,509/month

36 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Rachel Carson Elementary School Rated A
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of January 2015

Fantastic location, enjoy all the amenities of kentlands. Spacious and updated 2 level condo- gorgeous hardwood flooring, new redesigned kitchen w granite counters,new cabinets and new appliances. Updated bathrooms. Owner has spent over $40,000 in renovations and updates. Wonderful views from the balcony include Sugarloaf mountn . New HVAC system. Soaring cathedral ceilings. Tons of natural lite!

Last Agent to Sell the Property

Jacques Bankier

NextHome Envision Listed on: 10/30/2014

NextHome Envision

Last Buyer's Agent

Mark Fitzpatrick

RLAH @properties License #651727

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1993

Lot Details

  • 1,089

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,691 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903028578
  • $193 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, road maintenance, trash
  • Low-Rise Condominium
  • Kentlands View C Community
  • Kentlands View Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,978

Year Built

Built in 1993

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Fantastic location, enjoy all the amenities of kentlands. Spacious and updated 2 level condo- gorgeous hardwood flooring, new redesigned kitchen w granite counters,new cabinets and new appliances. Updated bathrooms. Owner has spent over $40,000 in renovations and updates. Wonderful views from the balcony include Sugarloaf mountn . New HVAC system. Soaring cathedral ceilings. Tons of natural lite!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator
  • Interior Amenities: Dining Area, Built-Ins, Crown Moldings, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1691
  • Living Area Sq Ft: 1691
  • Price Per Sq Ft: 201.01
  • Above Grade Finished Sq Ft: 1691
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • 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: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 360.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Basketball Courts, Bike Trail, Club House
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 196000.00
  • Land Assessed Value: 84000.00
  • Year Assessed: 2014
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13977342
  • Tax Annual Amount: 3978.08
  • Assessor Parcel Number: 160903028578
  • Tax Total Finished Sq Ft: 1691
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/16/2015

Multi Family

  • Front Foot Fee: 193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Jan 16, 2015
Sold by
Pulisic Alex and Pulisic Urska G
Bought by
Kiang Rosy L and Kiang Willard
Seller's Agent
Jacques Bankier
NextHome Envision
Buyer's Agent
Mark Fitzpatrick
RLAH @properties
List Price
$349,900
Sold Price
$327,500
Premium/Discount to List
-$22,400
-6.4%
Total Days on Market
36
Current Estimated Value
$493,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,515
Avg. Annual Appreciation
3.68%
Original Mortgage
$262,000
Outstanding Balance
$207,345
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$269,293

Purchase Details

Closed on
Feb 27, 2007
Sold by
Stoller Steven T
Bought by
Pulisic Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2007
Sold by
Stoller Steven T
Bought by
Pulisic Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2000
Sold by
Quintas Joaquin J and Quintas A P
Bought by
Stoller Steven T and Stoller V
Source: Public Records

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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
Kiang Rosy L $327,500 First American Title Ins Co
Pulisic Alex $330,000 --
Pulisic Alex $330,000 --
Stoller Steven T $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiang Rosy L $262,000
Previous Owner Pulisic Alex $335,817
Previous Owner Pulisic Alex $337,487
Previous Owner Pulisic Alex $43,000
Previous Owner Pulisic Alex $264,000
Previous Owner Pulisic Alex $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $327,500 -3.6% $194 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $339,900 -1.4% $201 / Sq Ft
11/03/2014 11/03/14 Price Changed $344,900 +1.5% $204 / Sq Ft
11/03/2014 11/03/14 Price Changed $339,900 -2.9% $201 / Sq Ft
10/31/2014 10/31/14 For Sale $349,900 +6.8% $207 / Sq Ft
10/31/2014 10/31/14 Off Market $327,500 -- --
10/30/2014 10/30/14 For Sale $349,900 -- $207 / 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 $4,574 $343,333 $0 $0
2023 $3,494 $315,000 $94,500 $220,500
2022 $3,947 $313,333 $0 $0
2021 $6,712 $311,667 $0 $0
2020 $6,644 $310,000 $93,000 $217,000
2019 $6,668 $310,000 $93,000 $217,000
2018 $3,945 $310,000 $93,000 $217,000
2017 $3,683 $315,000 $0 $0
2016 $3,299 $303,333 $0 $0
2015 $3,299 $291,667 $0 $0
2014 $3,299 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003245448

Bright MLS

APN: 09-03028578