NOT LISTED FOR SALE

106 Cedar Ave Gaithersburg, MD 20877

Estimated Value: $564,000 - $581,073

4 Beds
2.5 Baths
2,000 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $500,000 $250 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,596/month

11 Days on Market

Highlights

  • 0.18 Acre Lot
  • Deck
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • 5-minute walk to Observatory Park

About This Home

As of November 2022

Charming home in Observatory Heights that checks ALL the boxes! Amazing lot/yard with plenty of places to entertain and enjoy! Smart (digital) hot water heater (2 years old) and thermostat, original wood floors in fantastic condition, lovely updated bathrooms, newer double pane windows throughout the house including the basement, solar attic fan, functional wood stove in the living room that will keep you warm all fall/winter long! Cozy screened in porch, brand new back patio, new fence and great shed. The walkout basement has a private entrance and a bonus room that is perfect for guests, a home office, family room or gaming room! The basement bathroom is SO large that you could potentially add a wet bar/kitchenette. This home offers a lot of storage including the large attic that is easily accessible to store all your holiday decorations etc. The location can not be beat! Walkable to the MARC train station, Old Town Gaithersburg, NIST and steps to the bike path that leads to Bohrer Park with mini golf and a water park! This is the home you have been looking for! The home is approximately 2000 Square Feet.

Last Agent to Sell the Property

Jennifer Kalis

Compass License #582094 Listed on: 10/21/2022

Compass

Co-Listed By

Ann meehan

Compass

Last Buyer's Agent

Agne Salgado

Redfin Corp License #SP200203446

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1928

Lot Details

  • 7,800 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Observatory Heights Subdivision

Listing and Financial Details

  • Tax Lot P27
  • Assessor Parcel Number 160900841764

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,066

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: Charming home in Observatory Heights that checks ALL the boxes! Amazing lot/yard with plenty of places to entertain and enjoy! Smart (digital) hot water heater (2 years old) and thermostat, original wood floors in fantastic condition, lovely updated bathrooms, newer double pane windows throughout the house including the basement, solar attic fan, functional wood stove in the living room that will keep you warm all fall/winter long! Cozy screened in porch, brand new back patio, new fence and great shed. The walkout basement has a private entrance and a bonus room that is perfect for guests, a home office, family room or gaming room! The basement bathroom is SO large that you could potentially add a wet bar/kitchenette. This home offers a lot of storage including the large attic that is easily accessible to store all your holiday decorations etc. The location can not be beat! Walkable to the MARC train station, Old Town Gaithersburg, NIST and steps to the bike path that leads to Bohrer Park with mini golf and a water park! This is the home you have been looking for! The home is approximately 2000 Square Feet.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Side Entrance, Improved
  • Laundry Type: Basement
  • Total Sq Ft: 2270
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 342.47
  • Above Grade Finished Sq Ft: 1460
  • Below Grade Finished Sq Ft: 540
  • Below Grade Sq Ft: 270
  • Total Below Grade Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 106

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • 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: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 196100.00
  • Land Assessed Value: 185800.00
  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7800.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943499
  • Tax Annual Amount: 5066.00
  • Assessor Parcel Number: 160900841764
  • Tax Lot: P27
  • Tax Total Finished Sq Ft: 1460
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/30/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 30, 2022
Sold by
Klein Kate
Bought by
Quintilian Steven Matthew and Dixon Juliet Lloyd
Seller's Agent
Jennifer Kalis
Compass
Buyer's Agent
Agne Salgado
Redfin Corp
List Price
$500,000
Sold Price
$500,000
Views
23
Current Estimated Value
$572,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,518
Avg. Annual Appreciation
4.21%
Original Mortgage
$400,000
Outstanding Balance
$387,651
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$171,278

Purchase Details

Closed on
Jul 31, 2019
Sold by
Klein Kate and Palmer Jeffrey L
Bought by
Klein Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 20, 2013
Sold by
Reese Joseph
Bought by
Klein Kate and Palmer Jeffrey L
Seller's Agent
Caroline Doong
RE/MAX Realty Centre, Inc.
Buyer's Agent
Jennifer Kalis
Compass
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$370,500
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
O'Neill Mary Kathryn
Bought by
Reese Joseph

Purchase Details

Closed on
Dec 16, 2003
Sold by
O'Neill Mary Kathryn
Bought by
O'Neill Mary Kathryn and O'Neill Adam Theeke

Purchase Details

Closed on
Mar 6, 2000
Sold by
Ellena Joseph D and Ellena H M
Bought by
O'Neill Mary Kathryn

Purchase Details

Closed on
Jul 13, 1994
Sold by
Ward O G
Bought by
Ellena Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
8.51%
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 Buyer Sale Price Title Company
Quintilian Steven Matthew $500,000 Title Forward
Klein Kate -- Equity National Title
Klein Kate $390,000 Old Republic National Title
Reese Joseph $419,500 --
O'Neill Mary Kathryn -- --
O'Neill Mary Kathryn -- --
O'Neill Mary Kathryn $188,000 --
Ellena Joseph D $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintilian Steven Matthew $400,000
Previous Owner Klein Kate $279,000
Previous Owner Klein Kate $281,000
Previous Owner Klein Kate $309,800
Previous Owner Klein Kate $370,500
Previous Owner Reese Joseph P $304,400
Previous Owner Ellena Joseph D $120,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $500,000 0.0% $250 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $500,000 +28.2% $250 / Sq Ft
08/23/2013 08/23/13 Sold $390,000 -3.7% $267 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $405,000 -- $277 / 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 $5,728 $452,100 -- --
2024 $5,728 $417,000 $0 $0
2023 $4,545 $381,900 $185,800 $196,100
2022 $4,374 $378,100 $0 $0
2021 $4,272 $374,300 $0 $0
2020 $4,272 $370,500 $185,800 $184,700
2019 $4,107 $358,800 $0 $0
2018 $3,961 $347,100 $0 $0
2017 $3,861 $335,400 $0 $0
2016 -- $302,433 $0 $0
2015 $3,378 $269,467 $0 $0
2014 $3,378 $236,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2073558

Bright MLS

APN: 09-00841764