NOT LISTED FOR SALE

8 Granite Place Unit 263 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $312,505 - $360,000

1 Bed
1 Bath
870 Sq Ft
$351/mo HOA Fee

Highlights

  • Fitness Center
  • Spa
  • Party Room
  • Rachel Carson Elementary School Rated A
  • Contemporary Architecture
  • Elevator

About This Home

As of August 2020

Freshly painted 1 Bedroom , 1 Bath centrally located on Bus Line. It has a spacious kitchen, in unit Washer and Dryer. Close to Shady Grove Metro, I-270 and ICC. One assigned Garage space. Plenty of shopping and restaurants within walking distance. Other amenities include Party Room, Fitness Center, Theater Room , Library and Party Room, Sauna and Swimming Pool. .Section 8 Welcome

Last Agent to Rent the Property

Vishav Saini

(301) 529-4838 vishavdevsaini@yahoo.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/27/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Renter's Agent

Vishav Saini

(301) 529-4838 vishavdevsaini@yahoo.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/27/2020

Berkshire Hathaway HomeServices PenFed Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Property is in very good condition

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 870 Sq Ft Home
  • Property has 4 Levels
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Baseboard Heater
  • 110 Volts
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Spa

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,600
  • Tenant pays for cable TV, electricity, gas, heat, hot water, insurance
  • The owner pays for real estate taxes
  • Rent includes community center, hoa/condo fee, parking, party room
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 8/1/20
  • $50 Application Fee
  • $75 Repair Deductible
  • Assessor Parcel Number 160903514673

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, snow removal
  • Abaris Realty HOA, Phone Number (301) 468-8919
  • Mid-Rise Condominium
  • The Colonnade Co Community
  • The Colonnade At Kentlands Subdivision

Amenities

  • Party Room
  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,342

Year Built

Built in 2005

Lot Details

0

HOA Fees

$351 per month

Parking

1

Rental Info

  • Date Available: 2020-08-01
  • Application Fee: 50.00
  • Owner Pays: Taxes - Real Estate
  • Pets Allowed: No
  • Rent Includes: Community Center, Hoa/Condo Fee, Parking, Party Room
  • Security Deposit: 1600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Insurance
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Freshly painted 1 Bedroom , 1 Bath centrally located on Bus Line. It has a spacious kitchen, in unit Washer and Dryer. Close to Shady Grove Metro, I-270 and ICC. One assigned Garage space. Plenty of shopping and restaurants within walking distance. Other amenities include Party Room, Fitness Center, Theater Room , Library and Party Room, Sauna and Swimming Pool. .Section 8 Welcome
  • Repair Deductible: 75.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Carpet, Combination Dining/Living, Crown Moldings
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 4
  • Room Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 870
  • Living Area Sq Ft: 870
  • Price Per Sq Ft: 1.72
  • Above Grade Finished Sq Ft: 870
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 351.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Library, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Snow Removal
  • HOA Name: ABARIS REALTY
  • HOA Phone: 301-468-8919
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: 011
  • Property Condition: Very Good
  • Zoning: MXD

Tax Info

  • Assessor Parcel Number: 14098603
  • Assessor Parcel Number: 160903514673
  • Tax Total Finished Sq Ft: 870
  • Close Date: 08/12/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2017
Closed on
Jan 17, 2017
Sold by
Saini Loveleen Kaur
Bought by
Saini Vishav D and Saini Amrit K
Seller's Agent
Vishav Saini
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Vishav Saini
Berkshire Hathaway HomeServices PenFed Realty
Sold Price
$1,350
Current Estimated Value
$333,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,276
Original Mortgage
$180,800
Outstanding Balance
$90,719
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$242,907

Purchase Details

Closed on
Oct 15, 2008
Sold by
Saini Vishav D
Bought by
Saini Loveleen Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2008
Sold by
Saini Vishav D
Bought by
Saini Loveleen Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Saini Vishav D $226,000 None Available
Saini Loveleen Kaur $250,000 --
Saini Loveleen Kaur $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saini Vishav D $180,800
Previous Owner Saini Loveleen Kaur $210,000
Previous Owner Saini Loveleen Kaur $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Rented $1,400 -6.7% --
08/10/2020 08/10/20 Off Market $1,500 -- --
08/08/2020 08/08/20 For Rent $1,500 0.0% --
08/07/2020 08/07/20 Off Market $1,500 -- --
08/07/2020 08/07/20 Price Changed $1,500 +1.7% $2 / Sq Ft
08/04/2020 08/04/20 Price Changed $1,475 0.0% $2 / Sq Ft
08/04/2020 08/04/20 For Rent $1,475 -1.7% --
08/03/2020 08/03/20 Off Market $1,500 -- --
07/28/2020 07/28/20 Price Changed $1,500 -4.8% $2 / Sq Ft
07/27/2020 07/27/20 For Rent $1,575 +16.7% --
03/17/2017 03/17/17 Rented $1,350 -8.5% --
03/17/2017 03/17/17 Under Contract -- -- --
02/05/2017 02/05/17 For Rent $1,475 -- --
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 $3,342 $271,667 -- --
2024 $3,342 $253,333 $0 $0
2023 $3,088 $235,000 $70,500 $164,500
2022 $2,855 $226,667 $0 $0
2021 $0 $218,333 $0 $0
2020 $0 $210,000 $63,000 $147,000
2019 $2,699 $210,000 $63,000 $147,000
2018 $2,673 $210,000 $63,000 $147,000
2017 $2,025 $210,000 $0 $0
2016 $1,895 $200,000 $0 $0
2015 $1,895 $190,000 $0 $0
2014 $1,895 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC716050

Bright MLS

APN: 09-03514673