$490,000
SOLD FEB 6, 2025 RENTED MAR 27, 2025

8 Granite Place Unit 461 Gaithersburg, MD 20878

Kentlands Neighborhood
2 Beds
2 Baths
1,412 Sq Ft
$716/mo HOA Fee

Recently Sold

$347 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Community Pool
  • Rachel Carson Elementary School Rated A
  • 1 Fireplace
  • Meeting Room

About This Home

As of February 2025

Beautifully updated, top-level corner unit filled with natural light! The completely renovated kitchen is a chef’s delight, featuring a breakfast bar, sleek quartz countertops, stainless steel appliances, and custom lighting. The kitchen opens to the family room, which features Brazilian cherry hardwood floors, custom built-ins, a gas fireplace, and a stunning exposed brick feature wall. Step out from the living room to the balcony, perfect for relaxing or entertaining. The spacious primary suite offers a serene retreat, complete with hardwood floors, ample closet space, and a large en-suite bathroom with a double-sink vanity. The bright and roomy second bedroom also boasts hardwood floors and is complemented by a second full bathroom. Enjoy easy access to all Colonnade amenities and a convenient location just minutes from the vibrant shopping, dining, and entertainment options in the Kentlands. Parking units #253 and #431.

Last Agent to Sell the Property

Meredith Fogle

The List Realty License #512005 Listed on: 01/24/2025

Last Buyer's Agent

J. D'Ann Melnick

EXP Realty, LLC License #BR200200359

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 2005

HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Assigned parking located at #253. 431
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,412 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

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 160903514775

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), snow removal, trash, lawn maintenance, recreation facility, reserve funds
  • Low-Rise Condominium
  • The Colonnade Codm Community
  • The Colonnade At Kentlands Subdivision

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,702

Year Built

Built in 2005

Lot Details

0

HOA Fees

$716 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-01-25
  • Year Built: 2005
  • Assigned Parking Space Numbers: 253. 431
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully updated, top-level corner unit filled with natural light! The completely renovated kitchen is a chef’s delight, featuring a breakfast bar, sleek quartz countertops, stainless steel appliances, and custom lighting. The kitchen opens to the family room, which features Brazilian cherry hardwood floors, custom built-ins, a gas fireplace, and a stunning exposed brick feature wall. Step out from the living room to the balcony, perfect for relaxing or entertaining. The spacious primary suite offers a serene retreat, complete with hardwood floors, ample closet space, and a large en-suite bathroom with a double-sink vanity. The bright and roomy second bedroom also boasts hardwood floors and is complemented by a second full bathroom. Enjoy easy access to all Colonnade amenities and a convenient location just minutes from the vibrant shopping, dining, and entertainment options in the Kentlands. Parking units #253 and #431.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1412
  • Living Area Sq Ft: 1412
  • Price Per Sq Ft: 318.70
  • Above Grade Finished Sq Ft: 1412
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Combination, Brick
  • 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 Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • 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
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 416.22
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Elevator, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Snow Removal, Trash, Lawn Maintenance, Recreation Facility, Reserve Funds
  • HOA: Yes
  • 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
  • Elementary 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

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4702.00
  • Assessor Parcel Number: 160903514775
  • Tax Total Finished Sq Ft: 1412
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/06/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Feb 6, 2025
Sold by
Mazza Tammy and Coffman James
Bought by
Khoo And Nair Living Trust and Nair
Seller's Agent
J. D'Ann Melnick
EXP Realty, LLC
Buyer's Agent
Sean Blais
Samson Properties
Sold Price
$2,900
Views
105
Current Estimated Value
$467,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,323
Avg. Annual Appreciation
-8.36%

Purchase Details

Closed on
Oct 25, 2020
Sold by
Mazza Tammy
Bought by
Mazza Tammy and Coffman James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,100
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2017
Closed on
May 10, 2018
Sold by
Ruff Nancy A
Bought by
Mazza Tammy
Seller's Agent
Ann Scafide
RE/MAX Metropolitan Realty
Buyer's Agent
Anton Vanas
Long & Foster Real Estate, Inc.
List Price
$374,990
Sold Price
$376,000
Premium/Discount to List
$1,010
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$369,189
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 30, 2015
Closed on
Sep 24, 2015
Sold by
Nieto Rafael
Bought by
Ruff Nancy A
Seller's Agent
Katy Thoms
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Scafide
RE/MAX Metropolitan Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%
Original Mortgage
$346,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
El-Ad Kentlands Llc
Bought by
Nieto Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,129
Interest Rate
4.37%
Mortgage Type
FHA
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 Type Sale Price Title Company
Special Warranty Deed $490,000 First American Title
Special Warranty Deed $490,000 First American Title
Interfamily Deed Transfer -- None Available
Deed $376,000 Pinnacle Title & Escrow Inc
Deed $385,000 First American Title Ins Co
Deed $321,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,100 FHA
Previous Owner $366,113 FHA
Previous Owner $369,189 FHA
Previous Owner $346,500 New Conventional
Previous Owner $317,129 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Rented $2,900 -1.7% --
03/10/2025 03/10/25 Under Contract -- -- --
03/06/2025 03/06/25 For Rent $2,950 0.0% --
02/28/2025 02/28/25 Under Contract -- -- --
02/17/2025 02/17/25 For Rent $2,950 0.0% --
02/06/2025 02/06/25 Sold $490,000 +8.9% $347 / Sq Ft
01/24/2025 01/24/25 For Sale $450,000 +19.7% $319 / Sq Ft
05/10/2018 05/10/18 Sold $376,000 0.0% $266 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/11/2018 03/11/18 Price Changed $376,000 +2.3% $266 / Sq Ft
12/01/2017 12/01/17 Price Changed $367,500 -2.0% $260 / Sq Ft
11/15/2017 11/15/17 For Sale $374,990 0.0% $266 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
09/09/2017 09/09/17 Price Changed $374,990 -2.6% $266 / Sq Ft
07/31/2017 07/31/17 For Sale $385,000 0.0% $273 / Sq Ft
09/24/2015 09/24/15 Sold $385,000 0.0% $273 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $385,000 -- $273 / 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 $4,702 $373,333 -- --
2024 $4,702 $356,667 $0 $0
2023 $3,773 $340,000 $102,000 $238,000
2022 $3,482 $326,667 $0 $0
2021 $3,332 $313,333 $0 $0
2020 $6,301 $300,000 $90,000 $210,000
2019 $3,120 $296,667 $0 $0
2018 $3,095 $293,333 $0 $0
2017 $3,087 $290,000 $0 $0
2016 $3,142 $280,000 $0 $0
2015 $3,142 $270,000 $0 $0
2014 $3,142 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2162606

Bright MLS

APN: 09-03514775