NOT LISTED FOR SALE

Estimated Value: $1,285,163 - $1,353,000

5 Beds
3.5 Baths
4,289 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $995,000 $232 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,168/month

2 Days on Market

Highlights

  • Fitness Center
  • Second Kitchen
  • View of Trees or Woods
  • Rachel Carson Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • 0.19 Acre Lot

About This Home

As of January 2021

SPECTACULAR, REMODELED CHESTERFIELD COLONIAL with upscale interior finishes on the nicest street in the Lakelands, the "Lane in the Woods". Elegantly sited on a beautiful, manicured lot with wooded views, this stunning 5 BR 3.5 BA home boasts a multi-generational suite with full kitchen (2018), renovated gourmet island kitchen (2018), refinished hardwood floors (2018), new rear roof and gutter system (2018), and back windows (2019). Over 4,200 square feet of unparalleled beauty and design are found in this special home intended for both full-scale entertaining as well as comfortable family living. A grand two-story foyer, flowing open floor plan, modern island kitchen with gorgeous quartz countertops, subway tile backsplash, stainless steel appliances, white shaker cabinets, and designer light fixtures, and private office showcase the stylish main level. Architectural details delight the eye in the inviting family room with wall-to-wall custom built-in cabinetry and electric fireplace with contemporary tile surround. The well-appointed Owner's bedroom suite with tray ceiling, walk-in closet with organizational system, and expansive bathroom with double sinks, jacuzzi tub, and glass-enclosed stall shower highlights the upper level that is complete with three additional bedrooms and updated spa-style hall bath. The bright multi-functional lower level features a family room with gas fireplace, spacious second kitchen, 5th bedroom, full bath, and exercise room. Enjoy dining al fresco in the expansive screened porch or lounging on the deck with picturesque and serene views of the fenced tree-lined backyard. Conveniently located within a short stroll to the community pool, clubhouse, tennis/basketball courts, and downtown Kentlands, this home will wow the most discerning buyers! ***Please note that the Owner is a licensed agent.***

Last Agent to Sell the Property

Michelle Yu

(240) 888-5076 michelleyurealestate@gmail.com Long & Foster Real Estate, Inc. Listed on: 11/19/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Carrie Balsam

carrie.balsam@longandfoster.com Long & Foster Real Estate, Inc. License #679194

Last Buyer's Agent

Lex Lianos

(703) 340-7470 lexlianos@weichert.com Compass License #0225186059

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,556

Year Built

  • Built in 2002

Lot Details

  • 8,174 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned MXD

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Electric Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Utility Room
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Interior Basement Entry
  • Basement Windows

Outdoor Features

  • Deck
  • Screened Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160903298805

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal
  • Built by NV Homes
  • Lakelands Subdivision, Chesterfield Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,556

Year Built

Built in 2002

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-20
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminated
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Store/Office, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Electric
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Exercise Room, In-Law/AuPair/Suite, Laundry, Mud Room, Office, Utility Room, Bathroom 1, Primary Bathroom, Full Bath, Half Bath, Screened Porch, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 4866
  • Living Area Sq Ft: 4289
  • Price Per Sq Ft: 318.05
  • Above Grade Finished Sq Ft: 3097
  • Below Grade Finished Sq Ft: 1192
  • Below Grade Sq Ft: 577
  • Total Below Grade Sq Ft: 1769
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • 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: Aluminum Siding, Vinyl Siding
  • Exterior Features: Street Lights
  • Roof: Composite, Shingle
  • Spa: No
  • View: Garden/Lawn, Trees/Woods
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 128.54
  • 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
  • Security: Security System
  • 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, Bike Trail, Club House, Exercise Room, Fitness Center, Jog/Walk Path, Lake, Party Room, Pool - Outdoor, Soccer Field, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 463900.00
  • Land Assessed Value: 421300.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8174.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: NV Homes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14079982
  • Tax Annual Amount: 11556.00
  • Assessor Parcel Number: 160903298805
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 4, 2021
Sold by
Balsam Ethan D and Balsam Carrie M
Bought by
Kalola Ankur and Kalola Nandita
Seller's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
Buyer's Agent
Lex Lianos
Compass
List Price
$985,000
Sold Price
$995,000
Premium/Discount to List
$10,000
1.02%
Current Estimated Value
$1,322,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,541
Avg. Annual Appreciation
5.94%
Original Mortgage
$796,000
Outstanding Balance
$710,433
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$612,108

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 10, 2018
Sold by
Sypes Eric S and Sypes Carrie A
Bought by
Balsam Ethan D and Balsam Carrie M
Seller's Agent
Jennifer Smira
Compass
Buyer's Agent
Valerie Fuster
Long & Foster Real Estate, Inc.
List Price
$899,500
Sold Price
$850,000
Premium/Discount to List
-$49,500
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$765,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2002
Sold by
Lane In The Woods Llc
Bought by
Sypes Eric S and Sypes Carrie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalola Ankur $995,000 Kvs Title Llc
Balsam Ethan D $850,000 Commonwealth Land Title Ins
Sypes Eric S $542,960 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalola Ankur $796,000
Previous Owner Balsam Ethan D $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $995,000 +1.0% $232 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $985,000 +15.9% $230 / Sq Ft
08/10/2018 08/10/18 Sold $850,000 -5.4% $207 / Sq Ft View Prior Sale
07/15/2018 07/15/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $898,500 -0.1% $219 / Sq Ft
07/13/2018 07/13/18 For Sale $899,500 0.0% $220 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $899,500 -2.7% $220 / Sq Ft
05/25/2018 05/25/18 For Sale $924,000 -- $226 / 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 $13,267 $1,057,100 -- --
2024 $13,267 $988,800 $0 $0
2023 $11,620 $920,500 $421,300 $499,200
2022 $11,155 $908,733 $0 $0
2021 $11,117 $896,967 $0 $0
2020 $21,845 $885,200 $421,300 $463,900
2019 $10,865 $880,400 $0 $0
2018 $10,835 $875,600 $0 $0
2017 $10,775 $870,800 $0 $0
2016 $9,441 $846,867 $0 $0
2015 $9,441 $822,933 $0 $0
2014 $9,441 $799,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC735476

Bright MLS

APN: 09-03298805