7 Granite Place Unit 416 Gaithersburg, MD 20878
Kentlands Neighborhood
2
Beds
2
Baths
1,450
Sq Ft
$438/mo
HOA Fee
Highlights
- Bar or Lounge
- Fitness Center
- Open Floorplan
- Rachel Carson Elementary School Rated A
- Gourmet Kitchen
- Colonial Architecture
About This Home
As of December 2020Rarely available top floor 2 BR/2 BA w/ loft Colonnade condo. Arched door/walk ways, crown molding, hardwood floors. Kitchen w/ granite & SS appliances, DR, 2 story ceiling in LR. Lots of windows/natural light. Balcony. 2 MBRs w/ 10 ft ceilings, walk-in closets & attached FBs. Tons of storage. Loft w/ walk-in closet. Two deeded parking spaces (one covered). Great amenities - internet, pool, gym.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,688
Year Built
- Built in 2005
HOA Fees
- $438 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Assigned Parking Spaces
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,450 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Crown Molding
- Two Story Ceilings
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Loft
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Stove
- <<microwave>>
- Ice Maker
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Rachel Carson Elementary School
- Lakelands Park Middle School
- Quince Orchard High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Balcony
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 160903513793
- $69 Front Foot Fee per year
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, high speed internet, management, insurance, pool(s), reserve funds, snow removal, trash
- Low-Rise Condominium
- The Colonnade Co Community
- The Colonnade At Kentlands Subdivision
- The community has rules related to alterations or architectural changes
Amenities
- Billiard Room
- Meeting Room
- Bar or Lounge
Recreation
- Fitness Center
- Community Pool
Security
- Fire and Smoke Detector
- Fire Sprinkler System
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: 1002347525
APN: 09-03513793
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