7 Granite Place Unit 416 Gaithersburg, MD 20878
Kentlands Neighborhood
2
Beds
2
Baths
1,450
Sq Ft
$581/mo
HOA Fee
Highlights
- Fitness Center
- Traditional Architecture
- Game Room
- Rachel Carson Elementary School Rated A
- Community Pool
- Programmable Thermostat
About This Home
As of December 2020New 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
Long & Foster Real Estate, Inc. License #579294 Listed on: 10/09/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,855
Year Built
- Built in 2005
HOA Fees
Parking
- Assigned Parking Garage Space
Home Design
- Traditional Architecture
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,662
Avg. Annual Appreciation
5.49%
Original Mortgage
$284,000
Outstanding Balance
$256,356
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$196,306
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
4.33%
Original Mortgage
$244,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $355,000 | Pinnacle Title & Escrow Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $305,000 | Westcor Land Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $284,000 | New Conventional | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $244,000 | New Conventional | |
| Previous Owner | $289,656 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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 | $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
14 Total Sales
-
Tracey Evans
T
Buyer's Agent in 2020
Tracey Evans
KW Metro Center
(240) 889-1204
3 in this area
35 Total Sales
-
Elaine Koch
Seller's Agent in 2016
Elaine Koch
Long & Foster
(301) 840-7320
84 in this area
254 Total Sales
-
Gary Walker
Buyer's Agent in 2016
Gary Walker
RE/MAX
(301) 661-4441
29 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC727528
APN: 09-03513793
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