NOT LISTED FOR SALE

8 Granite Place Unit 262 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $490,000 - $516,000

3 Beds
2 Baths
1,620 Sq Ft
$671/mo HOA Fee

Last Sold June 01, 2021

Last sale price $390,000 $241 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,839/month

Highlights

  • Fitness Center
  • City View
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2021

This luxury 3 bedroom and 2 full bath condo, located on the second floor, is flooded with natural light. The modern kitchen has high-end finishes that include granite countertops , stainless steel appliances and tile flooring. You'll love the open plan layout , crown molding, wainscoting , spacious living room with fireplace, separate dining area, and hardwood flooring, The double balcony has access from both the primary bedroom and dining area. This comes with Full size washer and dryer, 2 assigned garage parking spaces and a separate storage unit located just across the hall. Close to all major highways, shopping, movie theater and restaurants.

Last Agent to Sell the Property

Bruce Lemieux

(240) 277-8364 bruce@mocorealestate.com MoCoRealEstate LLC Listed on: 04/02/2021

Last Buyer's Agent

Trevor Crowley

(908) 370-7839 trevor.crowley@longandfoster.com Long & Foster Real Estate, Inc. License #0225258366

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,619

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $671 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Assigned parking located at #428 and PM-12

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Front

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • City Views

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Front Loading Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Multiple Balconies
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160903514662

Community Details

Overview

  • Association fees include custodial services maintenance, common area maintenance, exterior building maintenance, health club, high speed internet, insurance, lawn maintenance, management, pool(s), recreation facility, snow removal, trash
  • Low-Rise Condominium
  • Sub Condominium 2 At The Colonnade Condos
  • The Colonnade Co Community
  • The Colonnade At Kentlands Subdivision
  • Property Manager

Amenities

  • Common Area
  • Sauna
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,619

Year Built

Built in 2005

Lot Details

0

HOA Fees

$671 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Traditional, Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-02
  • Federal Flood Zone: No
  • Year Built: 2005
  • Assigned Parking Space Numbers: 428 and PM-12
  • Automatically Close On Close Date: No
  • Remarks Public: This luxury 3 bedroom and 2 full bath condo, located on the second floor, is flooded with natural light. The modern kitchen has high-end finishes that include granite countertops , stainless steel appliances and tile flooring. You'll love the open plan layout , crown molding, wainscoting , spacious living room with fireplace, separate dining area, and hardwood flooring, The double balcony has access from both the primary bedroom and dining area. This comes with Full size washer and dryer, 2 assigned garage parking spaces and a separate storage unit located just across the hall. Close to all major highways, shopping, movie theater and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer - Front Loading, Dryer - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Interior Amenities: Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Primary Bath(s), Upgraded Countertops, Wood Floors, Wainscotting, Floor Plan - Open, Formal/Separate Dining Room, Chair Railings, Ceiling Fan(s), Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 240.74
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front
  • View: Street, City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Phone Available, Natural Gas Available, Electric Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 670.64
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Sub Condominium 2 at the Colonnade
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Elevator, Exercise Room, Library, Meeting Room, Party Room, Pool - Outdoor, Sauna, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Common Area Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RACHEL CARSON
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 290500.00
  • Land Assessed Value: 124500.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098600
  • Tax Annual Amount: 4619.00
  • Assessor Parcel Number: 160903514662
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/01/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 1, 2021
Sold by
Vogel Jennifer and Rouchard Jennifer Vogel
Bought by
White Rebecca Cotton and John & Rebecca White Family Tr
Seller's Agent
Bruce Lemieux
MoCoRealEstate LLC
Buyer's Agent
Trevor Crowley
Long & Foster Real Estate, Inc.
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$506,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,452
Avg. Annual Appreciation
6.16%

Purchase Details

Listed on
Jul 31, 2011
Closed on
Apr 13, 2012
Sold by
El-Ad Kentlands Llc
Bought by
Vogel Jennifer
Seller's Agent
Rami Rosen
El - Ad National Realty
Buyer's Agent
Jeanne Koerber
RLAH @properties
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$198,800
Interest Rate
3.91%
Mortgage Type
New Conventional
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
White Rebecca Cotton $390,000 Brennan Ttl Co Natl Accounts
Vogel Jennifer $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vogel Jennifer $198,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $390,000 0.0% $241 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/11/2021 04/11/21 Off Market $390,000 -- --
04/02/2021 04/02/21 For Sale $390,000 +39.3% $241 / Sq Ft
03/30/2012 03/30/12 Sold $280,000 -6.4% $188 / Sq Ft View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
07/31/2011 07/31/11 For Sale $299,000 -- $200 / 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 $5,793 $465,000 -- --
2024 $5,793 $440,000 $0 $0
2023 $6,134 $415,000 $124,500 $290,500
2022 $4,433 $401,667 $0 $0
2021 $8,206 $388,333 $0 $0
2020 $8,206 $375,000 $112,500 $262,500
2019 $3,928 $360,000 $0 $0
2018 $4,391 $345,000 $0 $0
2017 $3,530 $330,000 $0 $0
2016 -- $313,333 $0 $0
2015 $4,894 $296,667 $0 $0
2014 $4,894 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750686

Bright MLS

APN: 09-03514662