NOT LISTED FOR SALE

624 Lake Varuna Dr Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $1,220,158 - $1,355,000

4 Beds
3.5 Baths
3,200 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $850,000 $266 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,859/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Community Lake

About This Home

As of July 2013

BEST OF THE LAKELANDS -- SPARKLING COLONIAL ON HUGE LOT WITH FLAT BACKYARD BACKING TO WOODS, BUT JUST A FEW MINUTES' WALK TO STARBUCKS, WHOLE FOODS AND MOVIES. OPEN FLOOR PLAN WITH LARGE WINDOWS OVERLOOKING TREES. HIGH CEILINGS, WONDERFUL LIGHT. WALKOUT LOWER LEVEL WITH DEN AND FULL BATH. ENORMOUS BONUS ROOM OVER 2 CAR GARAGE WITH CUSTOM BUILT IN STORAGE LEVEL. PICTURES AT VIRTUAL TOUR LINK.

Last Agent to Sell the Property

Steven Escobar

(240) 888-4062 steve@agenticantrust.com RE/MAX Town Center License #SP98365416 Listed on: 06/06/2013

RE/MAX Town Center

Last Buyer's Agent

Steve Baumgartner

(240) 994-1274 steve.baumgartner@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,790

Year Built

  • Built in 2000

Lot Details

  • 7,507 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned MXD

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Fireplace With Glass Doors
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Basement Windows

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 6
  • Assessor Parcel Number 160903250826

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, trash
  • Lakelands Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,790

Year Built

Built in 2000

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Remarks Public: BEST OF THE LAKELANDS -- SPARKLING COLONIAL ON HUGE LOT WITH FLAT BACKYARD BACKING TO WOODS, BUT JUST A FEW MINUTES' WALK TO STARBUCKS, WHOLE FOODS AND MOVIES. OPEN FLOOR PLAN WITH LARGE WINDOWS OVERLOOKING TREES. HIGH CEILINGS, WONDERFUL LIGHT. WALKOUT LOWER LEVEL WITH DEN AND FULL BATH. ENORMOUS BONUS ROOM OVER 2 CAR GARAGE WITH CUSTOM BUILT IN STORAGE LEVEL. PICTURES AT VIRTUAL TOUR LINK.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Freezer, Humidifier, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Dining Area, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Sump Pump, Daylight, Full, Fully Finished, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Street Number Modifier: 624

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick, Vinyl Siding
  • Construction Completed: 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
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 127.37
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Jog/Walk Path, Lake, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 406400.00
  • Land Assessed Value: 340700.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7507
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7507.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14075316
  • Tax Annual Amount: 9790.32
  • Assessor Parcel Number: 160903250826
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 3200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 07/24/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 24, 2013
Sold by
Reissman Stephan Gary and Reissman Dori Beth
Bought by
Lee Matthew E and Lee Jenny N
Seller's Agent
Steven Escobar
RE/MAX Town Center
Buyer's Agent
Steve Baumgartner
Compass
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,297,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,040
Avg. Annual Appreciation
3.51%
Original Mortgage
$625,000
Outstanding Balance
$464,480
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$832,560

Purchase Details

Closed on
Aug 10, 2006
Sold by
Perrino Daniel J
Bought by
Reissman Dori Beth and Reissman Stephan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Perrino Daniel J
Bought by
Reissman Dori Beth and Reissman Stephan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Perrino Daniel J and Perrino N K
Bought by
Perrino Daniel J

Purchase Details

Closed on
May 10, 2000
Sold by
Nvr Inc
Bought by
Perrino Daniel J and Perrino N K
Source: Public Records

Range of Values:

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Average Value
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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
Lee Matthew E $850,000 Hutton Patt Title & Escrow
Reissman Dori Beth $1,195,000 --
Reissman Dori Beth $1,195,000 --
Perrino Daniel J -- --
Perrino Daniel J $447,427 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Matthew E $625,000
Previous Owner Reissman Dori Beth $695,000
Previous Owner Reissman Dori Beth $695,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $850,000 0.0% $266 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $850,000 -- $266 / 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 $11,608 $915,200 -- --
2024 $11,608 $863,800 $0 $0
2023 $10,187 $812,400 $420,500 $391,900
2022 $10,232 $812,300 $0 $0
2021 $9,952 $812,200 $0 $0
2020 $9,908 $812,100 $420,500 $391,600
2019 $9,908 $812,100 $420,500 $391,600
2018 $9,938 $812,100 $420,500 $391,600
2017 $10,020 $820,000 $0 $0
2016 -- $795,700 $0 $0
2015 $9,323 $771,400 $0 $0
2014 $9,323 $747,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Escobar

    Seller's Agent in 2013

    Steven Escobar

    RE/MAX

    (240) 888-4062

    1 in this area

    40 Total Sales

    Steven Escobar
    Section Image
  • Steve Baumgartner

    Buyer's Agent in 2013

    Steve Baumgartner

    Compass

    (240) 994-1274

    7 in this area

    69 Total Sales

    Steve Baumgartner
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003555572

Bright MLS

APN: 09-03250826

Maryland Montgomery County Gaithersburg 20878 Kentlands

624 Lake Varuna Dr, Gaithersburg, MD

This home is located at 624 Lake Varuna Dr, Gaithersburg, MD 20878 since 06 June 2013 and is currently estimated at $1,297,040, approximately $405 per square foot. This property was built in 2000. 624 Lake Varuna Dr 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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