$448,000 - $487,000
RENTED MAR 27, 2025

8 Granite Place Unit 461 Gaithersburg, MD 20878

Kentlands Neighborhood
2 Beds
2 Baths
1,412 Sq Ft
$328 Price per Sq Ft

Last Sold February 06, 2025

Last sale price $490,000 $347 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,975/month

About This Home

As of February 2025

Gorgeous renovated 2 bedroom/2 bath condo available now! Over 1400 square feet of open living space with two off-set bedrooms, each with their own en suite bathroom. Hardwood flooring throughout - main living area opens to kitchen with gorgeous white quartz countertops, herringbone subway tile backsplash and stainless appliances. Lot of counter and cabinet space, plus a large pantry! The living room features a fireplace with cutout for A/V equipment and a wall mount for your television. There is also a balcony off the living room with a storage closet and quiet community views (unit faces Arch Place rather than Quince Orchard). Both bedrooms also feature spacious walk-in closets!

Enjoy all that the Colonnade has to offer - library, wine room, Max's Pub (club room and billiards), fitness center, outdoor community pool and more! Plus you are right in the middle of Kentlands shopping center with grocery stores such as Giant and Whole Foods nearby, great area restaurants such as Burton's Grill and Bar and Tandoori Nights. Catch a movie at Cinepolis or the big game at Yard House in Rio...all just minutes away!

Property is available for ASAP move-in. Please note, owner strongly prefers a longer term lease (2-3 year term) but will consider one year term with quick move-in!

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
$462,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,866
Avg. Annual Appreciation
-23.84%

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
3.03%
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

Range of Values:

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ICE

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Quantarium

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Average Value
Not Available
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
Khoo And Nair Living Trust $490,000 First American Title
Khoo And Nair Living Trust $490,000 First American Title
Mazza Tammy -- None Available
Mazza Tammy $376,000 Pinnacle Title & Escrow Inc
Ruff Nancy A $385,000 First American Title Ins Co
Nieto Rafael $321,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazza Tammy $360,100
Previous Owner Mazza Tammy $366,113
Previous Owner Mazza Tammy $369,189
Previous Owner Ruff Nancy A $346,500
Previous Owner Nieto Rafael $317,129
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

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 $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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