Seller's Agent in 2022
Meredith Fogle
The List Realty
(301) 602-3904
100 in this area
170 Total Sales
625 Lake Varuna Dr Gaithersburg, MD 20878
Kentlands NeighborhoodEstimated Value: $1,047,987 - $1,134,000
3
Beds
4
Baths
2,600
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- Fitness Center
- Colonial Architecture
- 1 Fireplace
- Rachel Carson Elementary School Rated A
- Clubhouse
- Community Pool
About This Home
As of July 2022Picture-perfect and full of updates and natural light - and ideally situated on sought-after Lake Varuna Drive! This lovely home is just the right size, features spacious, well-appointed rooms, and lovely outdoor living spaces. The welcoming front porch opens into an entry foyer with hardwood floors that lead into the large living room (also perfect for a home office), the generous formal dining room, the spacious kitchen which sparkles with granite and stainless, and through the adjoining breakfast area and big family room featuring a gas-burning fireplace. The convenient mudroom and laundry lead to the pretty patio and two-car garage. Upstairs, the luxury primary suite features a large walk-in closet and upgraded en-suite full bath while the second and third bedrooms are large and bright and each includes a roomy closet. The second full bath boasts updated lighting and hardware. The lower level is finished to include an expansive and versatile recreation room, a half- bath, and a huge storage area. The outside of this lovely home offer more spaces in which to relax and entertain including the picturesque front porch and the graceful and private patio, bordered by blooming gardens. Recent updates include plantation shutters, the HVAC, upper level carpet, and more! The fabulous locations affords close proximity to countless shopping, dining, and entertainment options and to 270, the ICC, and the Metro. Beautiful!
Last Agent to Sell the Property
The List Realty License #512005 Listed on: 05/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,346
Year Built
- Built in 2001
Lot Details
- 3,739 Sq Ft Lot
- Property is zoned MXD
HOA Fees
- $110 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Patio
Schools
- Rachel Carson Elementary School
- Lakelands Park Middle School
- Quince Orchard High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 160903250303
Community Details
Overview
- Association fees include management, snow removal, trash, pool(s)
- Lakelands Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Fitness Center
- Community Pool
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Jul 22, 2022
Sold by
Redmond Linda A
Bought by
Kate Koyfman Living Trust
Seller's Agent
Meredith Fogle
The List Realty
Buyer's Agent
Erica Day
RLAH @properties
List Price
$1,099,900
Sold Price
$975,000
Premium/Discount to List
-$124,900
-11.36%
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
$110,497
Avg. Annual Appreciation
2.96%
Purchase Details
Closed on
Aug 15, 2001
Sold by
Nvr Inc
Bought by
Redmond Linda A
Purchase Details
Closed on
Dec 20, 2000
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Nvr Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kate Koyfman Living Trust | $975,000 | Old Republic National Title | |
| Redmond Linda A | $389,240 | -- | |
| Nvr Inc | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Redmond Linda A | $231,100 | |
| Previous Owner | Redmond Linda A | $65,000 | |
| Previous Owner | Redmond Linda A | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $975,000 | -4.9% | $375 / Sq Ft |
| 07/03/2022 07/03/22 | Pending | -- | -- | -- |
| 06/18/2022 06/18/22 | Price Changed | $1,025,000 | -6.8% | $394 / Sq Ft |
| 05/18/2022 05/18/22 | For Sale | $1,099,900 | -- | $423 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,355 | $772,500 | $0 | $0 |
| 2023 | $9,155 | $737,700 | $371,500 | $366,200 |
| 2022 | $8,759 | $726,200 | $0 | $0 |
| 2021 | $8,654 | $714,700 | $0 | $0 |
| 2020 | $8,470 | $703,200 | $371,500 | $331,700 |
| 2019 | $8,465 | $703,200 | $371,500 | $331,700 |
| 2018 | $8,493 | $703,200 | $371,500 | $331,700 |
| 2017 | $8,735 | $738,600 | $0 | $0 |
| 2016 | -- | $701,367 | $0 | $0 |
| 2015 | $7,265 | $664,133 | $0 | $0 |
| 2014 | $7,265 | $626,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Christopher Fogle
The List Realty
(301) 602-9294
29 in this area
50 Total Sales
-
Buyer's Agent in 2022
Erica Day
Real Living at Home
(301) 820-0075
5 in this area
54 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2050822
APN: 09-03250303
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