$315,000
SOLD FEB 10, 2012

8 Granite Place Unit 362 Gaithersburg, MD 20878

Kentlands Neighborhood
3 Beds
2 Baths
1,620 Sq Ft
$452/mo HOA Fee

Recently Sold

$194 Per Sq Ft

7% Below List Price

46 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Open Floorplan
  • Rachel Carson Elementary School Rated A
  • Gourmet Kitchen
  • Colonial Architecture

About This Home

As of April 2017

LIKE-NEW 3BR 2BA + A DEN, 1 FP, 1,620 SQ FT UNIT W/ LOVELY DESIGNED ENTRY FOYER, GREAT HIGH END FINISHES, MOLDINGS, BALCONY & GOURMET KITCHEN SURROUNDED BY THE CHARM OF KENTLANDS. ENJOY RESORT STYLE AMENITIES INCL FITNESS CENTER, POOL,MEDIA ROOM, CYBER CAFE, LIBRARY, MAX'S PUB & MANYFUN AREAS. 2 GAR SPACE + 1 STORAGE ACROSS FROM THE UNIT. HURRY!

Last Agent to Sell the Property

Michelle Yu

Long & Foster Real Estate, Inc. Listed on: 11/22/2011

Long & Foster Real Estate, Inc.

Co-Listed By

Joyce Yu

Long & Foster Real Estate, Inc. License #MRIS:3017994

Last Buyer's Agent

Joyce Yu

Long & Foster Real Estate, Inc. License #MRIS:3017994

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 2005

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Brick Wall or Ceiling
  • Fireplace Mantel
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903514720
  • $69 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, high speed internet, reserve funds, snow removal, trash, sauna
  • Low-Rise Condominium
  • The Colonnade La Community
  • The Colonnade At Kentlands Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Common Area
  • Sauna
  • Billiard Room
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Pool Membership Available

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,894

Year Built

Built in 2005

Lot Details

0

HOA Fees

$452 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Remarks Public: LIKE-NEW 3BR 2BA + A DEN, 1 FP, 1,620 SQ FT UNIT W/ LOVELY DESIGNED ENTRY FOYER, GREAT HIGH END FINISHES, MOLDINGS, BALCONY & GOURMET KITCHEN SURROUNDED BY THE CHARM OF KENTLANDS. ENJOY RESORT STYLE AMENITIES INCL FITNESS CENTER, POOL,MEDIA ROOM, CYBER CAFE, LIBRARY, MAX'S PUB & MANYFUN AREAS. 2 GAR SPACE + 1 STORAGE ACROSS FROM THE UNIT. HURRY!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 200.62
  • 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
  • Construction Materials: Brick, Combination
  • Construction Completed: No
  • 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: Yes
  • Parking Features: Assigned, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.73
  • 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: 288.19
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 164.47
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Billiard Room, Common Grounds, Elevator, Exercise Room, Library, Pool Mem Avail, Pool - Outdoor, Sauna
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, High Speed Internet, Reserve Funds, Snow Removal, Trash, Sauna
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving In Times, Pets - Allowed, Pets - Size Restrict, Restrictions
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 269500.00
  • Land Assessed Value: 115500.00
  • Year Assessed: 2011
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098591
  • Tax Annual Amount: 4894.09
  • Assessor Parcel Number: 160903514720
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 02/10/2012

Multi Family

  • Front Foot Fee: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Seppala Jonathan and Seppala Clare Litzelman
Bought by
Gumustas Ali Riza
Current Estimated Value
$517,531

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 28, 2017
Sold by
Doyle Ashley S and Ferman Ashley S
Bought by
Seppala Jonathan and Seppala Clare Litzelman
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Kimberly Sherrill
Taylor Properties
List Price
$409,900
Sold Price
$409,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$307,425
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
German Ashley S and Doyle Benjamin T
Bought by
Doyle Ashley S and Doyle Benjamin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 22, 2011
Closed on
Feb 10, 2012
Sold by
Lee Hae Sook and Martin Rookard F
Bought by
German Ashley S and Doyle Benjamin T
Seller's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
Buyer's Agent
Joyce Yu
Long & Foster Real Estate, Inc.
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$307,014
Interest Rate
2.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $470,000 Fidelity National Title
Deed $409,900 Gpn Title Inc
Interfamily Deed Transfer -- None Available
Deed $315,000 Veritas Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $286,965 New Conventional
Previous Owner $307,425 New Conventional
Previous Owner $292,000 Adjustable Rate Mortgage/ARM
Previous Owner $307,014 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $2,895 0.0% --
11/29/2023 11/29/23 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $2,895 -0.2% $2 / Sq Ft
10/03/2023 10/03/23 For Rent $2,900 0.0% --
04/28/2017 04/28/17 Sold $409,900 0.0% $253 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $409,900 +30.1% $253 / Sq Ft
02/10/2012 02/10/12 Sold $315,000 -3.1% $194 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
12/09/2011 12/09/11 Price Changed $325,000 -4.4% $201 / Sq Ft
11/22/2011 11/22/11 For Sale $340,000 -- $210 / 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
2024 $5,663 $430,000 $0 $0
2023 $4,621 $405,000 $121,500 $283,500
2022 $4,933 $391,667 $0 $0
2021 $4,160 $378,333 $0 $0
2020 $1,988 $365,000 $109,500 $255,500
2019 $3,843 $353,333 $0 $0
2018 $3,716 $341,667 $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: 1004642452

Bright MLS

APN: 09-03514720