NOT LISTED FOR SALE

Estimated Value: $1,019,000 - $1,178,000

5 Beds
3.5 Baths
2,992 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $883,000 $295 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,889/month

4 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Community Lake
  • Rachel Carson Elementary School Rated A
  • Colonial Architecture
  • Clubhouse

About This Home

As of August 2020

Welcome to 711 Gatestone Street, a beautiful and meticulously cared for home nestled inside the sought-after Lakelands neighborhood. This remarkable home is located within walking distance to nearby neighborhood lakes, the Kentlands lively downtown area, community amenities and neighborhood schools. The home features five bedrooms and three-and-a-half bathrooms on four fully finished floors. The open floor plan in this tastefully renovated home offers a perfect opportunity for entertaining guests both indoors and outdoors. Lakelands is a special community with a neighborhood clubhouse, swimming pool, tennis courts, children's playground, fitness center and party rooms. This unique neighborhood has achieved world-acclaim for its architectural innovation and small-town friendliness, picturesque walking streets and its nearby accessibility to Washington, D.C, I-270 and the commuter Metro. The versatile main level showcases a charming family room with large sun-lit windows, newly refinished hardwood floors and a pretty gas fireplace. Doors leading from the family room open up to the spacious outdoor deck - perfect for entertaining guests. Enjoy the fully renovated kitchen featuring stunning quartz countertops, soft close cabinets, stainless steel appliances and a spacious dining area. Other features of the main level include an elegant wet bar with a wine fridge, refreshed powder room, a main level office, an inviting large front porch and a sitting room with chair rail molding. Hardwood floors continue into the upper level, which includes the spacious master suite with a picturesque balcony, expansive walk-in closet and a luxuriously renovated master bathroom with brand new vanities, large glass enclosed shower and a designer tub. Three additional bedrooms with sunny windows, fresh carpet and roomy closets are located on this level. The entirely refreshed shared bathroom hosts a modern dual vanity with a quartz countertop and designer tile work. The laundry room is also conveniently located on this level. The finished fourth floor with custom built-in bookshelves and a glowing skylight makes for a great office or fifth bedroom!The lower level of the home is finished showcasing an ideal oversized recreation room fully equipped with built-in speakers, full bathroom and an ample sized storage room. A charming two-car garage and brand new HVAC complete this rarely available home in such a desirable location!

Last Agent to Sell the Property

Lisa Stransky

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #533211 Listed on: 07/17/2020

Washington Fine Properties, LLC

Last Buyer's Agent

Jessica Olevsky

(301) 944-9070 broker@jparstellar.com JPAR Stellar Living License #sp98375501

JPAR Stellar Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,440

Year Built

  • Built in 2000 | Remodeled in 2020

Lot Details

  • 3,995 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned MXD

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 4 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160903239998
  • $500 Front Foot Fee per year

Community Details

Overview

  • Association fees include pool(s), common area maintenance, recreation facility, snow removal, trash, lawn maintenance, lawn care front, lawn care rear, lawn care side
  • Lakelands HOA
  • Built by Parkwood
  • Lakelands Subdivision, Oxford Floorplan
  • Community Lake

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Party Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,440

Year Built

Built in 2000 | Remodeled in 2020

Lot Details

3,995 Sq Ft Lot

HOA Fees

$105 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, Upper 2
  • Year Built: 2000
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Dishwasher, Oven/Range - Gas
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Skylights
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 4
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Recreation Room, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3288
  • Living Area Sq Ft: 2992
  • Price Per Sq Ft: 392.34
  • Above Grade Finished Sq Ft: 2192
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 296
  • Total Below Grade Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Street Lights, Sidewalks
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street, Off Street

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tot Lots/Playground, Jog/Walk Path, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Recreation Facility, Snow Removal, Trash, Lawn Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side
  • HOA Name: LAKELANDS HOA
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3995.00
  • Outdoor Living Structures: Deck(s), Balcony, Porch(es)
  • Property Condition: Excellent
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: Parkwood

Rental Info

  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 9440.00
  • Assessor Parcel Number: 160903239998
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Front Foot Fee: 500.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 17, 2020
Sold by
King Kenneth
Bought by
Oziel Matthew James and Oziel Rachel Eve
Seller's Agent
Lisa Stransky
Washington Fine Properties, LLC
Buyer's Agent
Jessica Olevsky
JPAR Stellar Living
List Price
$860,000
Sold Price
$883,000
Premium/Discount to List
$23,000
2.67%
Current Estimated Value
$1,117,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,761
Avg. Annual Appreciation
4.32%
Original Mortgage
$662,250
Outstanding Balance
$587,462
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$530,299

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 3, 2015
Sold by
Engel Dorelle and Dorelle Engel Trust Declaratio
Bought by
King Kenneth
Seller's Agent
Benjamin b White
RLAH @properties
Buyer's Agent
Jill Balow
Greystone Realty, LLC.
List Price
$779,900
Sold Price
$765,000
Premium/Discount to List
-$14,900
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$458,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2005
Sold by
Engel Dorelle
Bought by
Engel Dorelle Tr

Purchase Details

Closed on
Mar 29, 2005
Sold by
Engel Dorelle
Bought by
Engel Dorelle Tr

Purchase Details

Closed on
Sep 2, 2003
Sold by
Hall Engel and Hall Dorelle
Bought by
Engel Dorelle

Purchase Details

Closed on
Jun 13, 2000
Sold by
Parkwood Homes Ltd
Bought by
Hall Engel and Hall Dorelle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oziel Matthew James $883,000 Mbo Settlements Inc
King Kenneth $765,000 Old Republic Title Ins Co
Engel Dorelle Tr -- --
Engel Dorelle Tr -- --
Engel Dorelle Tr -- --
Engel Dorelle Tr -- --
Engel Dorelle -- --
Hall Engel $399,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oziel Matthew James $662,250
Previous Owner King Kenneth $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $883,000 +2.7% $295 / Sq Ft
07/17/2020 07/17/20 For Sale $860,000 +12.4% $287 / Sq Ft
06/03/2015 06/03/15 Sold $765,000 -1.9% $349 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $779,900 +1.9% $356 / Sq Ft
04/24/2015 04/24/15 Off Market $765,000 -- --
04/24/2015 04/24/15 For Sale $775,000 -- $354 / Sq Ft
Source: Bright MLS

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 $11,620 $906,400 -- --
2024 $11,620 $869,700 $0 $0
2023 $11,774 $833,000 $376,000 $457,000
2022 $9,786 $807,700 $0 $0
2021 $9,510 $782,400 $0 $0
2020 $18,299 $757,100 $376,000 $381,100
2019 $8,748 $725,533 $0 $0
2018 $8,376 $693,967 $0 $0
2017 $8,080 $662,400 $0 $0
2016 $8,299 $651,467 $0 $0
2015 $8,299 $640,533 $0 $0
2014 $8,299 $629,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC716910

Bright MLS

APN: 09-03239998

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