NOT LISTED FOR SALE

687 Market St E Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $1,191,000 - $1,224,000

4 Beds
3.5 Baths
3,930 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $790,000 $201 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,541/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Lakelands Park

About This Home

As of February 2019

Brick-front 4BR/3.5BA Michener is filled with natural light & feats espresso HWflrs, kit w/granite, island, butlers pantry & brand new SSappl. MBR w/dual walk-ins & incredible spa-like bath feat dual sinks, jetted tub & glass shwr. Fully finished LL rec rm w/full BA is great for entertaining, charming front & rear porch and fenced rear yard all in a great location right in the heart of Lakelands.

Last Agent to Sell the Property

Mike Aubrey

(301) 873-9807 Mike@MikeAubrey.com Berkshire Hathaway HomeServices PenFed Realty License #583580 Listed on: 09/20/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mandy Kaur

(571) 278-8008 mandy.kaur@redfin.com Redfin Corp License #SP98360618

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,292

Year Built

  • Built in 2001

Lot Details

  • 3,600 Sq Ft Lot
  • North Facing Home
  • Picket Fence
  • Property is Fully Fenced
  • Property is in very good condition
  • Property is zoned MXD

HOA Fees

  • $95 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Home Security

  • Home Security System
  • Intercom
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Programmable Thermostat
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160903320202
  • $533 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, pool(s), reserve funds, snow removal, trash
  • Built by RYAN HOMES
  • Lakelands Subdivision, Michener Floorplan
  • Lakelands Community
  • The community has rules related to alterations or architectural changes

Amenities

  • Common Area
  • Community Center

Recreation

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

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,292

Year Built

Built in 2001

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2001
  • Remarks Public: Brick-front 4BR/3.5BA Michener is filled with natural light & feats espresso HWflrs, kit w/granite, island, butlers pantry & brand new SSappl. MBR w/dual walk-ins & incredible spa-like bath feat dual sinks, jetted tub & glass shwr. Fully finished LL rec rm w/full BA is great for entertaining, charming front & rear porch and fenced rear yard all in a great location right in the heart of Lakelands.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Icemaker, Intercom, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Dining Area, Wood Floors, Crown Moldings, Chair Railings, Primary Bath(s), Upgraded Countertops, Window Treatments, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Storm
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, High, Tray Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 3930
  • Living Area Sq Ft: 3930
  • Price Per Sq Ft: 302.65
  • Above Grade Finished Sq Ft: 2640
  • Below Grade Finished Sq Ft: 1290
  • Total Below Grade Sq Ft: 1290
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 687

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 2
  • 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: Brick Front, Combination, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Composite
  • 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: On Street, Detached Garage

Utilities

  • Refuse: 119.36
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Sprinkler System - Indoor, Carbon Monoxide Detector(s), Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 95.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Community Center, Exercise Room, Jog/Walk Path, Pool - Outdoor, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: Yes
  • Senior Community: 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
  • School District Key: 121138126809
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Fencing: Fully, Picket
  • Improvement Assessed Value: 371100.00
  • Land Assessed Value: 369100.00
  • Lot Size Acres: 0.08
  • Lot Size Area: 3600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: RYAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14082919
  • Tax Annual Amount: 10291.88
  • Assessor Parcel Number: 160903320202
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2640
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/15/2019

Multi Family

  • Front Foot Fee: 533.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Bragin Lance and Bragin Liza
Bought by
Bragin Lance and Bragin Liza
Current Estimated Value
$1,214,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$192,406
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,022,386

Purchase Details

Listed on
Sep 20, 2018
Closed on
Feb 15, 2019
Sold by
Goren Seth and Dufour Michael
Bought by
Bragin Lance and Bragin Liza
Seller's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mandy Kaur
Redfin Corp
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$220,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Kotz Samuel Abraham and Kotz Kay
Bought by
Goren Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 8, 2001
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Kotz Samuel A and Kotz Kay
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
Bragin Lance -- Accommodation
Bragin Lance $790,000 Atlantic Title & Escrow Co
Goren Seth $825,000 Old Republic
Kotz Samuel A $460,236 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bragin Lance $216,000
Closed Bragin Lance $220,000
Previous Owner Goren Seth $123,500
Previous Owner Goren Seth $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $790,000 -1.2% $201 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $799,900 -- $204 / 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 $11,762 $909,733 -- --
2024 $11,762 $878,167 $0 $0
2023 $10,598 $846,600 $369,100 $477,500
2022 $9,861 $811,133 $0 $0
2021 $9,457 $775,667 $0 $0
2020 $8,936 $740,200 $369,100 $371,100
2019 $8,934 $740,200 $369,100 $371,100
2018 $8,964 $740,200 $369,100 $371,100
2017 $10,127 $780,200 $0 $0
2016 $7,457 $741,267 $0 $0
2015 $7,457 $702,333 $0 $0
2014 $7,457 $663,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Aubrey

    Seller's Agent in 2019

    Mike Aubrey

    BHHS PenFed (actual)

    (301) 873-9807

    28 in this area

    362 Total Sales

    Mike Aubrey
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Map

Source: Bright MLS

MLS Number: 1006062320

Bright MLS

APN: 09-03320202

Maryland Montgomery County Gaithersburg 20878 Kentlands

687 Market St E, Gaithersburg, MD

This home is located at 687 Market St E, Gaithersburg, MD 20878 since 20 September 2018 and is currently estimated at $1,214,792, approximately $309 per square foot. This property was built in 2001. 687 Market St E 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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