Seller's Agent in 2023
Jill Balow
Greystone Realty, LLC.
(301) 233-5596
33 in this area
67 Total Sales
480 Lynette St Gaithersburg, MD 20878
Kentlands NeighborhoodEstimated Value: $771,787 - $822,000
3
Beds
2.5
Baths
2,300
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Fitness Center
- Open Floorplan
- Vaulted Ceiling
- Rachel Carson Elementary School Rated A
- Colonial Architecture
- 4-minute walk to Lakelands Park
About This Home
As of May 2023Welcome to this beautiful 3 bedroom/2.5 bath townhome located in the heart of the highly sought-after Lakelands community! This desirable Fairgate model townhouse is nestled on one of the Lakelands finest tree-lined streets. It has a spacious loft, ideal for an at home office, hardwood floors throughout the main level, upgraded granite countertops, stainless appliances, vaulted ceilings and an open floor plan with 2,300 square feet of space! It is walking distance to the community pool, the Kentlands shopping center, movie theater, restaurants, grocery stores, bike/walking paths and SO MUCH MORE! The amenities are endless in the Lakelands! Close proximity to 270/495/ICC and the metro. Don't wait to see this home, as it will not last long! BEST AND FINAL OFFERS WILL BE REVIEWED ON MONDAY, MARCH 27TH AT NOON!
Last Agent to Sell the Property
(301) 244-4705 ekrueger@greystonerealty.net Greystone Realty, LLC. Listed on: 03/23/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,453
Year Built
- Built in 2002
Lot Details
- 1,230 Sq Ft Lot
- Stone Retaining Walls
- Property is in very good condition
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Rear-Facing Garage
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 2,300 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Crown Molding
- Vaulted Ceiling
- Recessed Lighting
- 1 Fireplace
- Window Treatments
- Entrance Foyer
- Family Room Off Kitchen
- Combination Dining and Living Room
- Home Office
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Dryer
Schools
- Rachel Carson Elementary School
- Lakelands Park Middle School
- Quince Orchard High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 42
- Assessor Parcel Number 160903325897
Community Details
Overview
- Association fees include common area maintenance, management, pool(s), reserve funds
- Lakelands HOA
- Lakelands Subdivision, Fairgate With Loft Floorplan
- Property Manager
Amenities
- Community Center
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2023
Closed on
May 16, 2023
Sold by
Ronick Lloyd
Bought by
Chen Christine and Pellillo Adam
Seller's Agent
Jill Balow
Greystone Realty, LLC.
Buyer's Agent
David Zeff
Keller Williams Capital Properties
List Price
$674,900
Sold Price
$715,000
Premium/Discount to List
$40,100
5.94%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,447
Avg. Annual Appreciation
3.35%
Original Mortgage
$500,500
Outstanding Balance
$482,679
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$304,768
Purchase Details
Listed on
Sep 2, 2016
Closed on
Feb 8, 2017
Sold by
Wang Jefferson E
Bought by
Ronick Lloyd and Ronick Marie
Seller's Agent
Kate Hannas Ferguson
Monument Sotheby's International Realty
Buyer's Agent
Seth Shapero
Redfin Corp
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$365,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2002
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Wang Jefferson E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Christine | $715,000 | Fidelity National Title | |
| Chen Christine | $715,000 | Fidelity National Title | |
| Ronick Lloyd | $565,000 | Rgs Title Llc | |
| Wang Jefferson E | $340,205 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Christine | $500,500 | |
| Closed | Chen Christine | $500,500 | |
| Previous Owner | Ronick Lloyd | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $715,000 | +5.9% | $311 / Sq Ft | |
| 03/23/2023 03/23/23 | For Sale | $674,900 | +19.5% | $293 / Sq Ft | |
| 02/08/2017 02/08/17 | Sold | $565,000 | -1.7% | $246 / Sq Ft | View Prior Sale |
| 12/07/2016 12/07/16 | Pending | -- | -- | -- | |
| 09/02/2016 09/02/16 | For Sale | $575,000 | -- | $250 / Sq Ft |
Source: Bright MLS
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 | $8,222 | $649,200 | -- | -- |
| 2024 | $8,222 | $613,600 | $0 | $0 |
| 2023 | $8,405 | $578,000 | $300,000 | $278,000 |
| 2022 | $6,761 | $572,667 | $0 | $0 |
| 2021 | $6,624 | $567,333 | $0 | $0 |
| 2020 | $6,624 | $562,000 | $300,000 | $262,000 |
| 2019 | $6,470 | $550,667 | $0 | $0 |
| 2018 | $6,349 | $539,333 | $0 | $0 |
| 2017 | $6,293 | $528,000 | $0 | $0 |
| 2016 | -- | $493,833 | $0 | $0 |
| 2015 | $5,230 | $459,667 | $0 | $0 |
| 2014 | $5,230 | $425,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Balow
-
David Zeff
Buyer's Agent in 2023
David Zeff
Keller Williams Capital Properties
(301) 792-3990
2 in this area
96 Total Sales
-
Kate Hannas Ferguson
Seller's Agent in 2017
Kate Hannas Ferguson
Monument Sotheby's International Realty
(443) 746-2090
9 Total Sales
-
Seth Shapero
S
Buyer's Agent in 2017
Seth Shapero
Redfin Corp
Map
Source: Bright MLS
MLS Number: MDMC2086294
APN: 09-03325897
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