NOT LISTED FOR SALE

Estimated Value: $1,205,824 - $1,315,000

4 Beds
3.5 Baths
3,571 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $1,305,000 $365 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,186/month

32 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Engineered Wood Flooring
  • Rachel Carson Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of November 2024

A rare opportunity to own a single-family home in the highly desirable Lakelands neighborhood. This spacious residence features an updated kitchen and primary bathroom, offering modern comfort and style. The main floor includes a separate office, formal living and dining rooms, and a cozy family room. Enjoy outdoor living with a screened-in porch and spacious outdoor deck, perfect for alfresco dining and entertaining. The property also includes a two-car garage with additional driveway space for two more vehicles. Upstairs, you’ll find four bedrooms, including a large primary suite with space for an office, reading nook, or lounge. The upper level also features laundry and a versatile landing area that can be used as an additional den, office space, or lounge. The fully finished basement offers even more living space, complete with a kitchenette, full bathroom, and an extra room, along with ample closet and storage space. Located on one of the quietest streets in the neighborhood, this home is just minutes away from the community pool, clubhouse gym, playground, shops, restaurants, and entertainment. It also provides easy access to commuter routes 270 and 200. Don’t miss this chance to own a stunning home in a prime location.

Last Listed By

Jennifer Chow

RLAH @properties License #651413 Listed on: 09/28/2024

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,884

Year Built

  • Built in 2000

Lot Details

  • 5,000 Sq Ft Lot
  • Picket Fence
  • Property is zoned MXD

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Quince Orchard High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903250006

Community Details

Overview

  • Association fees include pool(s), trash, recreation facility
  • Lakelands Subdivision, Savannah I Floorplan
  • Lakelands Community

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,884

Year Built

Built in 2000

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-09-28
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: A rare opportunity to own a single-family home in the highly desirable Lakelands neighborhood. This spacious residence features an updated kitchen and primary bathroom, offering modern comfort and style. The main floor includes a separate office, formal living and dining rooms, and a cozy family room. Enjoy outdoor living with a screened-in porch and spacious outdoor deck, perfect for alfresco dining and entertaining. The property also includes a two-car garage with additional driveway space for two more vehicles. Upstairs, you’ll find four bedrooms, including a large primary suite with space for an office, reading nook, or lounge. The upper level also features laundry and a versatile landing area that can be used as an additional den, office space, or lounge. The fully finished basement offers even more living space, complete with a kitchenette, full bathroom, and an extra room, along with ample closet and storage space. Located on one of the quietest streets in the neighborhood, this home is just minutes away from the community pool, clubhouse gym, playground, shops, restaurants, and entertainment. It also provides easy access to commuter routes 270 and 200. Don’t miss this chance to own a stunning home in a prime location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Engineered Wood, Carpet
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 4044
  • Living Area Sq Ft: 3571
  • Price Per Sq Ft: 463.28
  • Above Grade Finished Sq Ft: 2696
  • Below Grade Finished Sq Ft: 875
  • Below Grade Sq Ft: 473
  • Total Below Grade Sq Ft: 1348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 943

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Rear Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • 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: Security System, Carbon Monoxide Detector(s), Smoke Detector
  • 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 Amenities: Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Trash, Recreation Facility
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: QUINCE ORCHARD
  • High School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: QUINCE ORCHARD

Lot Info

  • Fencing: Picket
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Screened, Deck(s)
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11884.00
  • Assessor Parcel Number: 160903250006
  • Tax Year: 2024
  • Close Date: 11/20/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 20, 2024
Sold by
Kim Paulina and Kim Jin
Bought by
Tipton Christopher Michael and Hom Jennifer Regina
Seller's Agent
Jennifer Chow
RLAH @properties
Buyer's Agent
Catherine Carroll
Weichert, REALTORS
List Price
$1,249,000
Sold Price
$1,305,000
Premium/Discount to List
$56,000
4.48%
Total Days on Market
32
Views
40
Current Estimated Value
$1,266,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,044
Avg. Annual Appreciation
-6.65%
Original Mortgage
$845,000
Outstanding Balance
$841,943
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$425,013

Purchase Details

Listed on
Nov 5, 2014
Closed on
Feb 27, 2015
Sold by
The Polgreen Family Trust
Bought by
Kim Jin and Kim Paulina
Seller's Agent
Paul Butterfield
RE/MAX Realty Services
Buyer's Agent
Paul Chung
Better Homes and Gardens Real Estate Reserve
List Price
$775,000
Sold Price
$747,000
Premium/Discount to List
-$28,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$677,058
Interest Rate
3.67%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 2001
Sold by
Michael Harris Dev Inc
Bought by
Polgreen Family Trust

Purchase Details

Closed on
Jul 10, 2000
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Michael Harris Dev Inc

Range of Values:

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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
Tipton Christopher Michael $1,305,000 Fidelity National Title
Kim Jin $747,000 First American Title Ins Co
Polgreen Family Trust $370,617 --
Michael Harris Dev Inc $177,574 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipton Christopher Michael $845,000
Previous Owner Kim Jin $545,000
Previous Owner Kim Jin $677,058
Previous Owner The Polgreen Family Trust $254,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $1,305,000 +4.5% $365 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $1,249,000 0.0% $350 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $1,249,000 +67.2% $350 / Sq Ft
02/27/2015 02/27/15 Sold $747,000 -1.7% $277 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
12/03/2014 12/03/14 Price Changed $759,900 -1.9% $282 / Sq Ft
11/05/2014 11/05/14 For Sale $775,000 -- $287 / 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 $11,884 $887,533 $0 $0
2023 $12,096 $855,400 $393,600 $461,800
2022 $10,137 $833,000 $0 $0
2021 $9,574 $810,600 $0 $0
2020 $9,574 $788,200 $393,600 $394,600
2019 $9,086 $749,667 $0 $0
2018 $8,623 $711,133 $0 $0
2017 $8,238 $672,600 $0 $0
2016 -- $659,800 $0 $0
2015 $8,231 $647,000 $0 $0
2014 $8,231 $634,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2150052

Bright MLS

APN: 09-03250006