NOT LISTED FOR SALE

8 Granite Place Unit 364 Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $316,113 - $327,000

1 Bed
1 Bath
963 Sq Ft
$352/mo HOA Fee

Last Sold January 15, 2021

Last sale price $245,000 $254 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,305/month

14 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Upgraded Countertops
  • Rachel Carson Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of January 2021

One of the larger 1BR models! 963 sqft of living space includes kitchen w/oversized island, granite & stainless steel appliances, spacious LR/DR combo adorned w/decorative moldings and hardwood floors & sprawling BR featuring large walk-in closet, brand new carpeting, & dual-entry FBA. The balcony spans the entire width of the unit (21ft long) & is accessible via the living room and bedroom. Covered parking space (#173) included on 3rd level of parking garage! Desirable community amenities & surrounded by the convenient shops & restaurants of the Kentlands.

Last Agent to Sell the Property

Mike Aubrey

(301) 873-9807 Mike@MikeAubrey.com Berkshire Hathaway HomeServices PenFed Realty License #583580 Listed on: 11/19/2020

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Aret Koseian

(240) 533-6990 aret.koseian@gmail.com Artifact Homes License #0225219647

Last Buyer's Agent

Jean Pagan-Bullock

(301) 908-6767 hjpbullock@gmail.com Long & Foster Real Estate, Inc. License #92673

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,702

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 963 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903514742

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee, pool(s), reserve funds, snow removal, trash
  • Colonnade Community Association
  • Low-Rise Condominium
  • Colonnade Condominium II Condos
  • Built by El-Ad
  • The Colonnade Co Community
  • Colonnade At Kentlands Subdivision
  • Property Manager

Amenities

  • Billiard Room
  • Community Library

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,702

Year Built

Built in 2005

Lot Details

0

HOA Fees

$352 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Kitchen - Island, Pantry, Primary Bath(s), Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 963
  • Living Area Sq Ft: 963
  • Price Per Sq Ft: 259.50
  • Above Grade Finished Sq Ft: 963
  • Above Grade Finished Area Units: Square Feet

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
  • 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: Garage Door Opener, Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 1

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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 249.98
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 101.89
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Colonnade Condominium II
  • HOA Condo Co-Op Amenities: Billiard Room, Exercise Room, Library, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: COLONNADE COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • 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: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Balcony
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: El-Ad

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098592
  • Tax Annual Amount: 2702.00
  • Assessor Parcel Number: 160903514742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 15, 2021
Sold by
Borgen Amber Michelle
Bought by
Brown Alexandra
Seller's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jean Pagan-Bullock
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$323,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,278
Avg. Annual Appreciation
5.68%
Original Mortgage
$220,010
Outstanding Balance
$196,325
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$126,953

Purchase Details

Listed on
Aug 7, 2014
Closed on
Sep 30, 2014
Sold by
Krum Allen M
Bought by
Borgen Amber Michelle
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$234,671
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Alexandra $245,000 Commonwealth Land Ttl Ins Co
Borgen Amber Michelle $239,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Alexandra $220,010
Previous Owner Borgen Amber Michelle $234,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $245,000 -2.0% $254 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $249,900 +4.6% $260 / Sq Ft
09/30/2014 09/30/14 Sold $239,000 0.0% $248 / Sq Ft View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $239,000 -- $248 / 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 $3,344 $271,667 -- --
2024 $3,344 $253,333 $0 $0
2023 $2,399 $235,000 $70,500 $164,500
2022 $2,209 $226,667 $0 $0
2021 $2,116 $218,333 $0 $0
2020 $4,004 $210,000 $63,000 $147,000
2019 $2,010 $210,000 $63,000 $147,000
2018 $2,673 $210,000 $63,000 $147,000
2017 $2,027 $210,000 $0 $0
2016 $1,957 $200,000 $0 $0
2015 $1,957 $190,000 $0 $0
2014 $1,957 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Aubrey

    Seller's Agent in 2021

    Mike Aubrey

    BHHS PenFed (actual)

    (301) 873-9807

    26 in this area

    371 Total Sales

    Mike Aubrey
    Section Image
  • Aret Koseian

    Seller Co-Listing Agent in 2021

    Aret Koseian

    Artifact Homes

    (240) 533-6990

    5 in this area

    257 Total Sales

    Aret Koseian
    Section Image
  • Jean Pagan-Bullock

    Buyer's Agent in 2021

    Jean Pagan-Bullock

    Long & Foster

    (301) 908-6767

    12 in this area

    64 Total Sales

    Jean Pagan-Bullock
    Section Image
  • Eric Stewart

    Seller's Agent in 2014

    Eric Stewart

    Long & Foster

    (301) 252-1697

    11 in this area

    424 Total Sales

    Eric Stewart
    Section Image
  • Robert Garcia

    Seller Co-Listing Agent in 2014

    Robert Garcia

    Long & Foster

    (240) 286-5526

    94 Total Sales

    Robert Garcia
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC735730

Bright MLS

APN: 09-03514742

Maryland Montgomery County Gaithersburg 20878 Kentlands

8 Granite Place Unit 364, Gaithersburg, MD

Not Listed for Sale

Condos

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