NOT LISTED FOR SALE

Estimated Value: $1,383,734 - $1,460,000

5 Beds
4.5 Baths
5,236 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $1,235,000 $236 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,755/month

Highlights

  • Solar Power System
  • Gourmet Kitchen
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Inspiration Park

About This Home

As of September 2022

Welcome to this beautifully updated Classic Community Corporation Inverness Model in the sought-after Lakelands community! With 5 bedrooms, 4 1/2 baths, and over 4000 square feet above grade and one of the larger and flat back yards, this home is ready for the next family! Enter into the main level of this center hall colonial that is more of an open floor plan and is bright and spacious with large rooms, gleaming refinished hardwood floors, and a spectacular two-story mudroom addition that leads to a bedroom and full bath over the garage that can be used as an au pair, teen or in-law suite! The office or formal living room is to your right and features plenty of light and room. Directly across the foyer is the formal dining room which features a tray ceiling, moldings, a new light fixture, and a bump-out window. Walk directly from the dining room into the spacious kitchen which features a decorator harlequin style tiled wall, solid natural cherry cabinetry, granite counters and stainless appliances (including a brand new refrigerator). The kitchen opens into the large 19x19 family room which features a gas fireplace with black marble surround and tons of light. The eat-in breakfast area is directly across from the family room and behind the kitchen area. The addition that was added is directly behind the breakfast area and features floor-to-ceiling solid wood cabinetry that was specially sized to hold those items that you buy at Costco, and an area with lockers and a bench to drop backpacks, shoes, etc when entering from the back/garage area.

From the mudroom, you can access the au-pair, in-law suite by walking up the stairs to a totally separate bedroom with dark hardwood floors and a fully updated bath with decorator vanity, tile, lighting and a tub/shower combo.

The upper level of the home boasts plenty of room as well. New carpeting, fresh paint and fully updated hall bath are just some of the things that will delight. The massive master suite features and ensuite bath with updated vanity, quartz counter top, new fixtures and lighting, a large soaking tub,a full body shower and separate water closet. You will also find a large walk-in closet.

The three bedrooms are all nice size ranging in size from roughly 11x12 to 12.5x14. Each has new ceiling fan with light, designer wood blinds, large closets and new carpet and paint. The laundry room is conveniently located on this level as is a newly renovated hall bath with double sink vanity, new marble look tile on the wall of the tub/shower and floor and new lighting and fixtures.

Walk to the basement from the familyroom and find a massive recreation area made for entertaining or for just playing. The recreation room features a pool table (conveys), built-ins for books,games or toys, and new luxury vinyl plank flooring. There is also a full bath and large storage area with built-in shelving to store all your stuff! On the opposite side from the pool table you will find a tiled area complete with a bar for adult entertaining.

The backyard is large and flat with new sod, mulch and freshly landscaped. Enjoy a beverage, meal and/or just enjoying the outdoors on the lovely brick patio.

This home is truly move in ready and waiting for the next family to enjoy!

Last Agent to Sell the Property

Betsy Taylor

(240) 994-7763 betsy@betsytaylorhomes.com RLAH @properties License #0225273759 Listed on: 09/01/2022

RLAH @properties

Last Buyer's Agent

Lynne Tucker

(301) 404-0464 Lynne@lynnetucker.com Compass License #621843

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,458

Year Built

  • Built in 2002

Lot Details

  • 6,037 Sq Ft Lot
  • Property is zoned MXD

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Shelving

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 160903326824

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Lakelands HOA
  • Lakelands Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,458

Year Built

Built in 2002

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-01
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully updated Classic Community Corporation Inverness Model in the sought-after Lakelands community! With 5 bedrooms, 4 1/2 baths, and over 4000 square feet above grade and one of the larger and flat back yards, this home is ready for the next family! Enter into the main level of this center hall colonial that is more of an open floor plan and is bright and spacious with large rooms, gleaming refinished hardwood floors, and a spectacular two-story mudroom addition that leads to a bedroom and full bath over the garage that can be used as an au pair, teen or in-law suite! The office or formal living room is to your right and features plenty of light and room. Directly across the foyer is the formal dining room which features a tray ceiling, moldings, a new light fixture, and a bump-out window. Walk directly from the dining room into the spacious kitchen which features a decorator harlequin style tiled wall, solid natural cherry cabinetry, granite counters and stainless appliances (including a brand new refrigerator). The kitchen opens into the large 19x19 family room which features a gas fireplace with black marble surround and tons of light. The eat-in breakfast area is directly across from the family room and behind the kitchen area. The addition that was added is directly behind the breakfast area and features floor-to-ceiling solid wood cabinetry that was specially sized to hold those items that you buy at Costco, and an area with lockers and a bench to drop backpacks, shoes, etc when entering from the back/garage area. From the mudroom, you can access the au-pair, in-law suite by walking up the stairs to a totally separate bedroom with dark hardwood floors and a fully updated bath with decorator vanity, tile, lighting and a tub/shower combo. The upper level of the home boasts plenty of room as well. New carpeting, fresh paint and fully updated hall bath are just some of the things that will delight. The massive master suite features and ensuite bath with updated vanity, quartz counter top, new fixtures and lighting, a large soaking tub,a full body shower and separate water closet. You will also find a large walk-in closet. The three bedrooms are all nice size ranging in size from roughly 11x12 to 12.5x14. Each has new ceiling fan with light, designer wood blinds, large closets and new carpet and paint. The laundry room is conveniently located on this level as is a newly renovated hall bath with double sink vanity, new marble look tile on the wall of the tub/shower and floor and new lighting and fixtures. Walk to the basement from the familyroom and find a massive recreation area made for entertaining or for just playing. The recreation room features a pool table (conveys), built-ins for books,games or toys, and new luxury vinyl plank flooring. There is also a full bath and large storage area with built-in shelving to store all your stuff! On the opposite side from the pool table you will find a tiled area complete with a bar for adult entertaining. The backyard is large and flat with new sod, mulch and freshly landscaped. Enjoy a beverage, meal and/or just enjoying the outdoors on the lovely brick patio. This home is truly move in ready and waiting for the next family to enjoy!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Built-In Microwave, Exhaust Fan, Humidifier, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Soaking Tub, Upgraded Countertops, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Heated, Shelving
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5236
  • Living Area Sq Ft: 5236
  • Price Per Sq Ft: 298.24
  • Above Grade Finished Sq Ft: 3856
  • Below Grade Finished Sq Ft: 1380
  • Total Below Grade Sq Ft: 1380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 440

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Mixed
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Name: LAKELANDS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • 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: 508800.00
  • Land Assessed Value: 402600.00
  • Land Use Code: R
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6037.00
  • Year Assessed: 2022
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14083591
  • Tax Annual Amount: 11458.00
  • Assessor Parcel Number: 160903326824
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 3856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/27/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 27, 2022
Sold by
Walther Allison O
Bought by
Piercy Stephen Charles and Lindauer Piercy Katrina
Seller's Agent
Betsy Taylor
RLAH @properties
Buyer's Agent
Lynne Tucker
Compass
List Price
$1,150,000
Sold Price
$1,235,000
Premium/Discount to List
$85,000
7.39%
Views
2
Current Estimated Value
$1,414,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,684
Avg. Annual Appreciation
4.60%
Original Mortgage
$988,000
Outstanding Balance
$943,368
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$471,316

Purchase Details

Closed on
Aug 27, 2002
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Walther James R and Walther Allison O
Source: Public Records

Range of Values:

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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
Piercy Stephen Charles $1,235,000 Fidelity National Title
Walther James R $519,070 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piercy Stephen Charles $988,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $1,235,000 +7.4% $236 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,150,000 -- $220 / 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 $13,375 $1,087,867 -- --
2024 $13,375 $999,633 $0 $0
2023 $12,854 $911,400 $402,600 $508,800
2022 $10,937 $893,967 $0 $0
2021 $10,501 $876,533 $0 $0
2020 $10,501 $859,100 $402,600 $456,500
2019 $10,142 $830,600 $0 $0
2018 $9,810 $802,100 $0 $0
2017 $9,568 $773,600 $0 $0
2016 -- $737,300 $0 $0
2015 $8,641 $701,000 $0 $0
2014 $8,641 $664,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2059820

Bright MLS

APN: 09-03326824