$409,900
SOLD APR 28, 2017

8 Granite Place Unit 362 Gaithersburg, MD 20878

Kentlands Neighborhood
3 Beds
2 Baths
1,620 Sq Ft
$537/mo HOA Fee

Recently Sold

$253 Per Sq Ft

1 Day on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Clubhouse
  • Rachel Carson Elementary School Rated A
  • Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of April 2017

Like-new 3BR 2BTH condo combines posh architecture & extensive Colonnade amenities w/the charm of the Kentlands! Feat spacious floor plan w/HW, sparkling granite counters & SS appliances, fireplace, large MBTH & walk-in closet. Lux archways, trim, balcony & keyless entry. Resort style amen. incl outdoor pool, fitness ctr, cyber cafe, 2 assigned garage spots & private storage! Don't miss this one!

Last Agent to Sell the Property

Sheena Saydam

Keller Williams Capital Properties License #638126 Listed on: 03/30/2017

Keller Williams Capital Properties

Co-Listed By

Han Saydam

Keller Williams Capital Properties

Last Buyer's Agent

Kimberly Sherrill

Taylor Properties License #600438

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 2005

HOA Fees

  • $537 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Space Number Location: 277
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Accessible Elevator Installed

Schools

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

Utilities

  • Cooling System Utilizes Natural Gas
  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903514720
  • $54 Front Foot Fee per year

Community Details

Overview

  • Association fees include high speed internet, lawn maintenance, management, pool(s), trash, snow removal
  • Mid-Rise Condominium
  • The Colonnade Co Community
  • The Colonnade At Kentlands Subdivision

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Bar or Lounge

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,222

Year Built

Built in 2005

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 3/30/2017 12:00:00 AM
  • Year Built: 2005
  • Remarks Public: Like-new 3BR 2BTH condo combines posh architecture & extensive Colonnade amenities w/the charm of the Kentlands! Feat spacious floor plan w/HW, sparkling granite counters & SS appliances, fireplace, large MBTH & walk-in closet. Lux archways, trim, balcony & keyless entry. Resort style amen. incl outdoor pool, fitness ctr, cyber cafe, 2 assigned garage spots & private storage! Don't miss this one!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 253.02
  • 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
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 277

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 537.05
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Club House, Community Center, Exercise Room, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: High Speed Internet, Lawn Maintenance, Management, Pool(s), Trash, Snow Removal
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

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
  • School District Key: 121138126809
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4221.78
  • Assessor Parcel Number: 160903514720
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/28/2017

Multi Family

  • Front Foot Fee: 54.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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: 1002501149

Bright MLS

APN: 09-03514720