162 Kendrick Place Unit #162-14, Gaithersburg, MD 20878

$324,000
2
BD
2
BA
1,095
SqFt

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Sold Price
$324,000
List Price
$345,000
Closing Date
Apr 30, 2025
Days on Market
77
Status
CLOSED
MLS#
MDMC2162642
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,095
Style
Traditional
Year Built
1992
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Welcome to 162 Kendrick Place, a modern and personable residence nestled in the sought after community of Kentlands. This lovely condo offers 1,095 square feet, providing abundant space for comfortable living. Step inside to discover a range of amenities designed to enhance your lifestyle to include gorgeous laminate flooring. The large and open concept living area includes a cozy fireplace as well as a sliding glass door to the relaxing side patio. The two bedrooms with ensuite baths are on opposite sides of the unit from each other for optimal privacy. The fully equipped kitchen boasts white cabinetry, granite counter tops, and stainless steel appliances. Additionally, there is a breakfast bar area for informal meals. Fitness enthusiasts will appreciate the swimming pool, and on-site gym, while the basketball, and lighted tennis and pickleball courts offer opportunities for active recreation. The property also features assigned parking for added convenience and security included for peace of mind. Enjoy the convenience of living close to shopping and dining options, all within reach of this secure building. The current condominium fee for this unit is $1128 per month. There is currently extensive work being performed to the exterior of the buildings throughout the Kentlands Ridge community. The cost to each unit owner is just under $50K which is being paid back as part of a 10 year loan established in 11/2024. The owners of this unit are willing to pay off the entire balance of the 10 year loan at closing with an acceptable offer. The condominium management company has confirmed if the loan balance were to be paid off at closing, the monthly condominium fee would be reduced to $717.20 monthly for the remainder of 2025. Please feel free to contact me with any questions.

Additional Information

Subdivision
Kentlands Ridge
Taxes
$3807
HOA Fee
$1
HOA Frequency
Monthly
Condo Fee
$717
Interior Features
Floor Plan - Open, Kitchen - Gourmet, Pantry
Amenities
Basketball Courts, Club House, Common Grounds, Pool - Outdoor, Tennis Courts
School District
Montgomery County Public Schools
Elementary School
Rachel Carson
Middle School
Lakelands Park
High School
Quince Orchard
Fireplaces
1
Fireplace Description
Gas/Propane
Flooring
Hardwood
Community Amenities
Basketball Courts, Club House, Common Grounds, Pool - Outdoor, Tennis Courts
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Composite
Utilities
Other
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Listing courtesy of Compass. Contact:

Selling Office: .