NOT LISTED FOR SALE

7 Granite Place Unit 416 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $440,239 - $484,000

2 Beds
2 Baths
1,450 Sq Ft
$581/mo HOA Fee

Last Sold December 28, 2020

Last sale price $355,000 $245 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,402/month

Highlights

  • Fitness Center
  • Traditional Architecture
  • Game Room
  • Rachel Carson Elementary School Rated A
  • Community Pool
  • Programmable Thermostat

About This Home

As of December 2020

New lower price! Price dropped $5,000! Great opportunity for this spacious and appealing top floor condo with a loft, a balcony and 2 reserved garage parking spaces! The desirable floorplan includes 2 bedrooms, 2 full baths and a washer & dryer within the unit. Luxury features include hardwood floors, granite countertops and stainless steel appliances, including a built-in microwave oven. Not only that, but there are 3 ceiling fans and ample storage space with 3 walk-in closets. Community amenities include elevator access to secure buildings, a fitness center, an outdoor swimming pool, a game/party room, a library, and a lounge/meeting room, Located in the Kentlands neighborhood, a planned community that features a wide variety of stores and restaurants, a movie theatre, walking paths, lakes, parks, ball fields and playgrounds.

Last Agent to Sell the Property

Richard Morenoff

(240) 731-0975 Richard.Morenoff@longandfoster.com Long & Foster Real Estate, Inc. License #579294 Listed on: 10/09/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tracey Evans

(240) 889-1204 traceysellsdmv@gmail.com KW Metro Center License #674114

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903513793

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), snow removal, trash
  • $24 Other Monthly Fees
  • Low-Rise Condominium
  • The Colonnade Co Community
  • The Colonnade At Kentlands Subdivision
  • Property Manager

Amenities

  • Game Room
  • Meeting Room
  • Party Room
  • Community Library

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,855

Year Built

Built in 2005

Lot Details

0

HOA Fees

$581 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-10
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: New lower price! Price dropped $5,000! Great opportunity for this spacious and appealing top floor condo with a loft, a balcony and 2 reserved garage parking spaces! The desirable floorplan includes 2 bedrooms, 2 full baths and a washer & dryer within the unit. Luxury features include hardwood floors, granite countertops and stainless steel appliances, including a built-in microwave oven. Not only that, but there are 3 ceiling fans and ample storage space with 3 walk-in closets. Community amenities include elevator access to secure buildings, a fitness center, an outdoor swimming pool, a game/party room, a library, and a lounge/meeting room, Located in the Kentlands neighborhood, a planned community that features a wide variety of stores and restaurants, a movie theatre, walking paths, lakes, parks, ball fields and playgrounds.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 251.72
  • Above Grade Finished Sq Ft: 1450
  • 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, Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Ceiling Fan(s)
  • 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: 381.96
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 199.05
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Game Room, Library, Party Room, Pool - Outdoor, Meeting Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 23.83
  • Other Fees Frequency: Monthly

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 90000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098685
  • Tax Annual Amount: 3855.00
  • Assessor Parcel Number: 160903513793
  • Tax Total Finished Sq Ft: 1450
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 28, 2020
Sold by
Woodlan Susanne and Susanne Woodlan Revocable Trus
Bought by
Conley Caryn L
Seller's Agent
Richard Morenoff
Long & Foster Real Estate, Inc.
Buyer's Agent
Tracey Evans
KW Metro Center
List Price
$369,888
Sold Price
$355,000
Premium/Discount to List
-$14,888
-4.03%
Current Estimated Value
$458,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,310
Avg. Annual Appreciation
5.45%
Original Mortgage
$284,000
Outstanding Balance
$253,471
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$204,839

Purchase Details

Closed on
Nov 16, 2017
Sold by
Woodland Susanne T
Bought by
Woodlan Susanne and The Susanne Woodlan Revocable

Purchase Details

Listed on
Jul 3, 2015
Closed on
Mar 25, 2016
Sold by
Pang Lap Yin
Bought by
Woodlan Susanne T
Seller's Agent
Elaine Koch
Long & Foster Real Estate, Inc.
Buyer's Agent
Gary Walker
RE/MAX Realty Services
List Price
$331,000
Sold Price
$305,000
Premium/Discount to List
-$26,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$244,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Conley Caryn L $355,000 Pinnacle Title & Escrow Inc
Woodlan Susanne -- None Available
Woodlan Susanne T $305,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Caryn L $284,000
Previous Owner Woodlan Susanne T $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $355,000 -2.7% $245 / Sq Ft
10/23/2020 10/23/20 Price Changed $365,000 -1.3% $252 / Sq Ft
10/09/2020 10/09/20 For Sale $369,888 +21.3% $255 / Sq Ft
03/25/2016 03/25/16 Sold $305,000 +1.7% $210 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
01/08/2016 01/08/16 Price Changed $299,999 -3.2% $207 / Sq Ft
08/22/2015 08/22/15 Price Changed $309,900 -3.2% $214 / Sq Ft
07/20/2015 07/20/15 Price Changed $320,000 -3.3% $221 / Sq Ft
07/03/2015 07/03/15 For Sale $331,000 -- $228 / 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 $4,790 $376,667 -- --
2024 $4,790 $363,333 $0 $0
2023 $5,287 $350,000 $105,000 $245,000
2022 $3,567 $333,333 $0 $0
2021 $3,330 $316,667 $0 $0
2020 $3,844 $300,000 $90,000 $210,000
2019 $3,855 $300,000 $90,000 $210,000
2018 $3,873 $300,000 $90,000 $210,000
2017 $3,263 $300,000 $0 $0
2016 $3,703 $293,333 $0 $0
2015 $3,703 $286,667 $0 $0
2014 $3,703 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Morenoff

    Seller's Agent in 2020

    Richard Morenoff

    Long & Foster

    (240) 731-0975

    1 in this area

    15 Total Sales

    Richard Morenoff
    Section Image

  • T

    Buyer's Agent in 2020

    Tracey Evans

    KW Metro Center

    (240) 889-1204

    3 in this area

    34 Total Sales

    Tracey Evans
    Section Image
  • Elaine Koch

    Seller's Agent in 2016

    Elaine Koch

    Long & Foster

    (301) 840-7320

    79 in this area

    242 Total Sales

    Elaine Koch
    Section Image
  • Gary Walker

    Buyer's Agent in 2016

    Gary Walker

    RE/MAX

    (301) 661-4441

    29 Total Sales

    Gary Walker
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC727528

Bright MLS

APN: 09-03513793

Maryland Montgomery County Gaithersburg 20878 Kentlands

7 Granite Place Unit 416, Gaithersburg, MD

This home is located at 7 Granite Place Unit 416, Gaithersburg, MD 20878 since 09 October 2020 and is currently estimated at $458,310, approximately $316 per square foot. This property was built in 2005. 7 Granite Place Unit 416 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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