NOT LISTED FOR SALE

Estimated Value: $1,313,737 - $1,369,000

4 Beds
4.5 Baths
4,272 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $1,080,000 $253 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,255/month

2 Days on Market

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Property is near a park

About This Home

As of February 2023

A desirable property at a premium lot, back to trees, in the sought-after Lakelands community. 4 bedrooms and 4 and a half bathrooms, attached two-car garage. Freshly painted all through. On the main level, there are a sunlight-soaked living room, a formal dining room, and a bright home office. Through the hallway on the right side, there is a spacious family room with a fireplace and a wall of windows bringing in the picturesque view of the trees in nature. On the left side is the gourmet kitchen with a pretty bar island, and a cozy breakfast nook. Upstairs there is a luxury primary bedroom with a sitting room and two walk-in closets. Connected by the bright and wide hallway is a large princess suit with its own bathroom, and other two pretty-sized bedrooms, and one more bathroom. On the lower level, there is a finished and improved walkout basement, with a media room, spacious recreational spaces, a den with the potential to be another bedroom, and a full bathroom. Private and quiet location. Walking distance to schools, shopping centers, restaurants, and the community's entertainment facilities.

Last Agent to Sell the Property

Chenfeng Liu

(301) 538-2648 chenfeng_Liu@hotmail.com Evergreen Properties License #0225063508 Listed on: 01/24/2023

Evergreen Properties

Last Buyer's Agent

Chris Craddock

(571) 540-7888 chris@thereduxgroup.com EXP Realty, LLC License #0225207192

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,458

Year Built

  • Built in 2003

Lot Details

  • 7,304 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • No Through Street
  • Corner Lot
  • Property is zoned MXD

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • Asphalt Roof
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Great Room
  • Family Room
  • Formal Dining Room
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Front Loading Washer

Improved Basement

  • Walk-Out Basement
  • Interior and Rear Basement Entry
  • Natural lighting in basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Property is near a park

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 160903299217

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • Lakelands Community Association, Phone Number (240) 631-8338
  • Kentlands Subdivision
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,458

Year Built

Built in 2003

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Washer - Front Loading, Disposal, Dryer, Exhaust Fan, Oven - Double, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Pantry, Recessed Lighting, Butlers Pantry, Carpet, Ceiling Fan(s), Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Store/Office, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Insert, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter, Permanent
  • Levels Count: 3
  • Room List: Family Room, Great Room, Media Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Improved, Interior Access, Rear Entrance, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4692
  • Living Area Sq Ft: 4272
  • Price Per Sq Ft: 330.07
  • Above Grade Finished Sq Ft: 3272
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 420
  • Total Below Grade Sq Ft: 1420
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA Name: LAKELANDS COMMUNITY ASSOCIATION
  • HOA Phone: 240-631-8338
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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

Lot Info

  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 483900.00
  • Land Assessed Value: 413700.00
  • Lot Features: No Thru Street, Backs - Parkland
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7304.00
  • Soil Types: Unknown
  • Zoning: MXD
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14080013
  • Tax Annual Amount: 11458.00
  • Assessor Parcel Number: 160903299217
  • Tax Lot: 61
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 8, 2023
Sold by
Zhang Fengxia
Bought by
Manghnani Karan and Manghnani Tiffany Bisbey
Seller's Agent
Chenfeng Liu
Evergreen Properties
Buyer's Agent
Chris Craddock
EXP Realty, LLC
List Price
$1,080,000
Sold Price
$1,080,000
Views
11
Current Estimated Value
$1,342,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,434
Avg. Annual Appreciation
7.96%
Original Mortgage
$1,025,000
Outstanding Balance
$992,601
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$349,833

Purchase Details

Closed on
Nov 23, 2009
Sold by
Yuan Wesley
Bought by
Zhang Feng Xia

Purchase Details

Closed on
Oct 31, 2003
Sold by
Lane In The Woods Llc
Bought by
Yuan Wesley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manghnani Karan $1,080,000 Old Republic National Title
Manghnani Karan $1,080,000 Old Republic National Title
Zhang Feng Xia $899,000 --
Yuan Wesley $737,776 --
Yuan Wesley $737,776 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manghnani Karan $1,025,000
Closed Manghnani Karan $1,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2023 02/08/23 Sold $1,080,000 0.0% $253 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,080,000 0.0% $253 / Sq Ft
04/27/2020 04/27/20 Rented $3,500 0.0% --
04/14/2020 04/14/20 For Rent $3,500 0.0% --
03/01/2016 03/01/16 Rented $3,500 +4.5% --
02/11/2016 02/11/16 Under Contract -- -- --
02/02/2016 02/02/16 For Rent $3,350 -- --
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 $13,069 $1,039,733 -- --
2024 $13,069 $968,667 $0 $0
2023 $12,080 $897,600 $413,700 $483,900
2022 $11,458 $872,733 $0 $0
2021 $10,834 $847,867 $0 $0
2020 $10,834 $823,000 $413,700 $409,300
2019 $10,781 $818,733 $0 $0
2018 $10,747 $814,467 $0 $0
2017 $10,811 $810,200 $0 $0
2016 -- $786,967 $0 $0
2015 -- $763,733 $0 $0
2014 -- $740,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2080608

Bright MLS

APN: 09-03299217