NOT LISTED FOR SALE

7 Granite Place Unit 314 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $409,884 - $442,000

2 Beds
2 Baths
1,289 Sq Ft
44 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $302,000 $234 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,634/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Rachel Carson Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of December 2023

Discover this beautiful 2-bedroom, 2-bathroom home in the colonnade! kitchen flows seamlessly into the living room, featuring white cabinets and granite countertops. Both bedrooms offer ample space and sizable closets, with bathrooms also equipped with granite countertops. In-unit washer/dryer. The building has great amenities incl. a library, theatre room, outdoor pool, and exercise facility, all within walking distance of local restaurants and shopping.

Last Agent to Rent the Property

Walker Butterfield

(301) 466-3960 walker.butterfield@gmail.com RE/MAX Realty Services Listed on: 11/17/2023

RE/MAX Realty Services

Last Renter's Agent

Walker Butterfield

(301) 466-3960 walker.butterfield@gmail.com RE/MAX Realty Services Listed on: 11/17/2023

RE/MAX Realty Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 2005

Lot Details

  • 44

Parking

  • 2 Assigned Parking Garage Spaces
  • Assigned parking located at #413 & 296
  • Garage Door Opener
  • Parking Permit Included
  • Secure Parking

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,289 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,300
  • Rent includes common area maintenance, community center, grounds maintenance, hoa/condo fee, HVAC maint, trash removal, parking
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 12/1/23
  • $40 Application Fee
  • Assessor Parcel Number 160903513703

Community Details

Overview

  • Low-Rise Condominium
  • The Colonnade Codm Community
  • The Colonnade At Kentlands Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,287

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2023-12-01
  • Application Fee: 40.00
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Community Center, Grounds Maintenance, Hoa/Condo Fee, Hvac Maint, Trash Removal, Parking
  • Security Deposit: 2300.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-17
  • Year Built: 2005
  • Assigned Parking Space Numbers: 413 & 296
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Entry Floor: 3
  • Interior Amenities: Elevator, Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1289
  • Living Area Sq Ft: 1289
  • Price Per Sq Ft: 1.78
  • Above Grade Finished Sq Ft: 1289
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Permit Included, Private, Rented/Permit Required, Secure Parking
  • Garage Features: Covered Parking, Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Land Use Code: U
  • Zoning: MXD

Tax Info

  • Assessor Parcel Number: 160903513703
  • Tax Total Finished Sq Ft: 1289
  • Close Date: 12/07/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Ororbia Knapton Diana I and Knapton Alan D
Bought by
Ororbia Knapton Diana I and Diana I Ororbia Knapton Living
Current Estimated Value
$429,471

Purchase Details

Listed on
Jul 2, 2016
Closed on
Jun 17, 2016
Sold by
Singh Mandeep
Bought by
Knapton Alan D and Ororbia Knapton Diana I
Seller's Agent
Ann Scafide
RE/MAX Metropolitan Realty
Buyer's Agent
Ann Scafide
RE/MAX Metropolitan Realty
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$100,000
Outstanding Balance
$80,045
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$352,375
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ororbia Knapton Diana I -- None Available
Knapton Alan D $302,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapton Alan D $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Rented $2,300 0.0% --
12/01/2023 12/01/23 Under Contract -- -- --
11/17/2023 11/17/23 For Rent $2,300 +4.5% --
01/21/2022 01/21/22 Rented $2,200 0.0% --
01/20/2022 01/20/22 Under Contract -- -- --
01/11/2022 01/11/22 For Rent $2,200 +15.8% --
05/23/2018 05/23/18 Rented $1,900 -2.6% --
05/22/2018 05/22/18 Under Contract -- -- --
10/31/2017 10/31/17 For Rent $1,950 +5.4% --
10/23/2016 10/23/16 Rented $1,850 0.0% --
10/23/2016 10/23/16 Under Contract -- -- --
10/08/2016 10/08/16 For Rent $1,850 +2.8% --
07/13/2016 07/13/16 Rented $1,800 -4.0% --
07/13/2016 07/13/16 Under Contract -- -- --
07/02/2016 07/02/16 For Rent $1,875 0.0% --
06/17/2016 06/17/16 Sold $302,000 0.0% $234 / Sq Ft View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $302,000 0.0% $234 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/18/2016 04/18/16 Price Changed $302,000 -1.0% $234 / Sq Ft
04/08/2016 04/08/16 For Sale $305,000 -- $236 / 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 $4,287 $350,000 -- --
2024 $4,287 $325,000 $0 $0
2023 $3,943 $300,000 $90,000 $210,000
2022 $3,751 $293,333 $0 $0
2021 $3,683 $286,667 $0 $0
2020 $3,587 $280,000 $84,000 $196,000
2019 $3,555 $276,667 $0 $0
2018 $3,529 $273,333 $0 $0
2017 $2,778 $270,000 $0 $0
2016 $2,893 $256,667 $0 $0
2015 $2,893 $243,333 $0 $0
2014 $2,893 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2113474

Bright MLS

APN: 09-03513703