NOT LISTED FOR SALE

Estimated Value: $797,000 - $843,624

3 Beds
3.5 Baths
2,856 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $730,000 $256 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,081/month

6 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of February 2022

Welcome to this updated, end-unit townhouse in the desirable Lakelands community - adjacent to endless dining, shopping, entertainment, and nightlife at Kentlands Market Square. This bright and open 2,850+ square foot Tarquin model home offers high ceilings, detailed crown molding, tray ceilings, recessed lighting, gleaming hardwood floors, wainscotting, a gas fireplace, and an abundance of windows letting in tons of natural light. Enjoy the eat-in kitchen boasting a center island with breakfast bar, Kenmore appliances, 42-inch cabinets, and a garden window overlooking the deck. The kitchen flows into a family room featuring a gas fireplace, large windows with transom accents, and glass doors opening to the deck and garage access. The entire upper level and staircase offer hardwood flooring. The spacious owner's suite features a tray ceiling with a ceiling fan and his & her walk-in closets with built-in organizers. The en-suite bathroom provides a soaking tub, stand-alone shower, dual vanities, a cathedral ceiling, and is finished in white tile and accents. Two additional bedrooms and a full hall bathroom are found on this level. Step down to the finished lower level offering a full bathroom, a large rec room with a bonus playroom extension (or 4th bedroom), a media room/exercise room, a laundry room, and additional storage space. Detached 2-car garage. HOA includes: Pool, exercise room, clubhouse, party room, tennis courts, tot-lots, and walking paths. Best location - walk to the Kentlands Market Square, Lakelands baseball fields, soccer fields, skate spot, and walking paths around community lakes. Minutes to RIO Washingtonian, Downtown Crown, The Shops at Potomac Valley, Shady Grove Hospital & medical facilities, The Universities at Shady Grove, and the I-270 technology and pharmaceutical corridor. Perfect for commuters with easy access to I-270, Rt 28, Shady Grove Metro, ICC, and other major commuter routes. Less than an hour to all 3 major airports serving the DMV. Top-rated MOCO schools. Don't miss!

Last Agent to Sell the Property

Nurit Coombe

(202) 318-3428 nurit@teamnurit.com The Agency DC License #533175 Listed on: 01/18/2022

The Agency DC

Co-Listed By

Itamar Simhony

(301) 728-1248 etay1@yahoo.com The Agency DC License #BO98362157

Last Buyer's Agent

Christine Koons-Byrne

(240) 672-6628 chris.byrne@compass.com Compass License #635529

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 2003

Lot Details

  • 2,375 Sq Ft Lot

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 160903324437
  • $410 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash
  • Lakelands Community HOA, Phone Number (240) 631-8338
  • Lakelands Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,011

Year Built

Built in 2003

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-01-20
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2856
  • Living Area Sq Ft: 2856
  • Price Per Sq Ft: 365.02
  • Above Grade Finished Sq Ft: 1904
  • Below Grade Finished Sq Ft: 952
  • Total Below Grade Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash
  • HOA Name: LAKELANDS COMMUNITY HOA
  • HOA Phone: 240-631-8338
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • 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: 301200.00
  • Land Assessed Value: 300000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2375.00
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14083914
  • Tax Annual Amount: 8011.00
  • Assessor Parcel Number: 160903324437
  • Tax Lot: 79
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Front Foot Fee: 410.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 11, 2022
Sold by
Petrossian Sona B
Bought by
Freeman Rachel L and Bensimon Sheryl
Seller's Agent
Nurit Coombe
The Agency DC
Buyer's Agent
Christine Koons-Byrne
Compass
List Price
$695,000
Sold Price
$730,000
Premium/Discount to List
$35,000
5.04%
Current Estimated Value
$819,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,406
Avg. Annual Appreciation
2.96%
Original Mortgage
$335,431
Outstanding Balance
$309,086
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$510,320

Purchase Details

Closed on
Oct 14, 2010
Sold by
Modi Sara and Modi Umang
Bought by
Petrossian Sona B and Petrossian Vanik D

Purchase Details

Closed on
May 27, 2003
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Modi Sara and Modi Umang
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Freeman Rachel L $730,000 Stewart Title Company
Petrossian Sona B $550,000 --
Modi Sara $408,558 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Rachel L $335,431
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $730,000 +5.0% $256 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $695,000 -- $243 / 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 $8,651 $655,167 -- --
2024 $8,651 $644,033 -- --
2023 $9,149 $632,900 $300,000 $332,900
2022 $7,418 $622,333 $0 $0
2021 $8,011 $611,767 $0 $0
2020 $15,685 $601,200 $300,000 $301,200
2019 $7,565 $579,933 $0 $0
2018 $7,317 $558,667 $0 $0
2017 $7,132 $537,400 $0 $0
2016 $7,201 $528,400 $0 $0
2015 $7,201 $519,400 $0 $0
2014 $7,201 $510,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2031280

Bright MLS

APN: 09-03324437