NOT LISTED FOR SALE

731 Lake Varuna Dr Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $1,227,499 - $1,285,000

4 Beds
3.5 Baths
2,816 Sq Ft
$446/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $779,900 $277 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,899/month

22 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 2 Car Attached Garage
  • Rachel Carson Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

Enjoy lake Varuna view from your large wrap around proch. corner lot, attached garage. very nice floor plan, NV built home in one of the best locations in Lakelands. In law suite with kitchennete in the basement.

Last Agent to Sell the Property

Ronald Golansky

RE/MAX Realty Group License #311666 Listed on: 11/29/2012

RE/MAX Realty Group

Last Buyer's Agent

Simon Kim

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,625

Year Built

  • Built in 2002

Lot Details

  • 5,451 Sq Ft Lot
  • Property is zoned MXD

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry

Utilities

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

Community Details

  • Lakelands Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 160903250600

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,625

Year Built

Built in 2002

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Remarks Public: Enjoy lake Varuna view from your large wrap around proch. corner lot, attached garage. very nice floor plan, NV built home in one of the best locations in Lakelands. In law suite with kitchennete in the basement.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2816
  • Living Area Sq Ft: 2816
  • Price Per Sq Ft: 276.95
  • Above Grade Finished Sq Ft: 2816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 127.37
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 84.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 407500.00
  • Land Assessed Value: 326700.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5451
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5451.00
  • Year Assessed: 2012
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14075335
  • Tax Annual Amount: 9625.07
  • Assessor Parcel Number: 160903250600
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 2816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 01/18/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 4, 2013
Sold by
Astoria Federal Savings & Loan Assocoati
Bought by
Vu Nam T and Vu Mimi
Seller's Agent
Ronald Golansky
RE/MAX Realty Group
Buyer's Agent
Simon Kim
EXP Realty, LLC
List Price
$779,900
Sold Price
$779,900
Current Estimated Value
$1,255,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,975
Avg. Annual Appreciation
3.87%
Original Mortgage
$623,920
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2012
Sold by
Cullen Marti Gail and Cullen Charles Spencer
Bought by
Astoria Federal Savings & Loan Associati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,920
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2002
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Cullen Spencer and Cullen Marti G
Source: Public Records

Range of Values:

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List Price
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
Vu Nam T $779,900 None Available
Astoria Federal Savings & Loan Associati $760,000 None Available
Cullen Spencer $474,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Nam T $514,000
Previous Owner Vu Nam T $623,920
Previous Owner Astoria Federal Savings & Loan Associati $623,920
Previous Owner Cullen Spencer $214,000
Previous Owner Cullen Charles Spencer $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $779,900 0.0% $277 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $779,900 -- $277 / 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 $11,825 $935,533 -- --
2024 $11,825 $880,467 $0 $0
2023 $10,356 $825,400 $407,500 $417,900
2022 $10,055 $823,967 $0 $0
2021 $10,022 $822,533 $0 $0
2020 $10,022 $821,100 $407,500 $413,600
2019 $9,968 $816,800 $0 $0
2018 $9,943 $812,500 $0 $0
2017 $10,014 $808,200 $0 $0
2016 -- $783,533 $0 $0
2015 $8,972 $758,867 $0 $0
2014 $8,972 $734,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ronald Golansky

    Seller's Agent in 2013

    Ronald Golansky

    Remax Realty Group

    (301) 674-5550

    1 in this area

    102 Total Sales

    Ronald Golansky
    Section Image
  • Simon Kim

    Buyer's Agent in 2013

    Simon Kim

    EXP Realty, LLC

    (301) 963-7060

    1 in this area

    15 Total Sales

    Simon Kim
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004230556

Bright MLS

APN: 09-03250600

Maryland Montgomery County Gaithersburg 20878 Kentlands

731 Lake Varuna Dr, Gaithersburg, MD

This home is located at 731 Lake Varuna Dr, Gaithersburg, MD 20878 since 29 November 2012 and is currently estimated at $1,255,875, approximately $445 per square foot. This property was built in 2002. 731 Lake Varuna Dr 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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