NOT LISTED FOR SALE

10703 Gatewood Ave Silver Spring, MD 20903

Estimated Value: $534,697 - $546,000

3 Beds
1.5 Baths
1,535 Sq Ft
$352/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $420,000 $274 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,485/month

27 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Roscoe R. Nix Elementary School Rated A-
  • No HOA

About This Home

As of June 2020

Charming 3-bedroom,1.5 bath all brick rancher located in super convenient Silver Spring location in the very popular Burnt Mills Knolls subdivision. Brand new architectural shingle roof, new siding, new gutters and downspouts. Living room with beautiful wood burning fireplace and mantle and bay window! Hardwood floors throughout the main level.. Separate dining room. New furnace in 2004 , heavied up electrical system, new hot water heater.

Last Agent to Sell the Property

Nick Carras

RE/MAX Results Listed on: 04/27/2020

RE/MAX Results

Last Buyer's Agent

Lance Macon

Keller Williams Preferred Properties License #650730

Keller Williams Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1956

Lot Details

  • 8,985 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Burnt Mills Knolls Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160500305927

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-05-04
  • Year Built: 1956
  • Remarks Public: Charming 3-bedroom,1.5 bath all brick rancher located in super convenient Silver Spring location in the very popular Burnt Mills Knolls subdivision. Brand new architectural shingle roof, new siding, new gutters and downspouts. Living room with beautiful wood burning fireplace and mantle and bay window! Hardwood floors throughout the main level.. Separate dining room. New furnace in 2004 , heavied up electrical system, new hot water heater.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 2420
  • Living Area Sq Ft: 1535
  • Price Per Sq Ft: 347.11
  • Above Grade Finished Sq Ft: 1210
  • Below Grade Finished Sq Ft: 325
  • Below Grade Sq Ft: 885
  • Total Below Grade Sq Ft: 1210
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10703

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • 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, Off Street

Utilities

  • Refuse: 416.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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

  • Improvement Assessed Value: 116500.00
  • Land Assessed Value: 211900.00
  • Land Use Code: 011
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8985.00
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13838133
  • Tax Annual Amount: 4075.00
  • Assessor Parcel Number: 160500305927
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 1535
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 26, 2020
Sold by
Spiro Mary and Mattox Todd A
Bought by
Amare Anwar Kwaku
Seller's Agent
Nick Carras
RE/MAX Results
Buyer's Agent
Lance Macon
Keller Williams Preferred Properties
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$551,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,354
Avg. Annual Appreciation
4.66%
Original Mortgage
$12,371
Interest Rate
2.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 25, 1995
Sold by
Hutchison Timothy J
Bought by
Mattox Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
7.6%
Source: Public Records

Range of Values:

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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
Amare Anwar Kwaku $420,000 Home First Title Group Llc
Mattox Todd A $154,000 --
Spiro Mary $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amare Anwar Kwaku $12,371
Previous Owner Amare Anwar Kwaku $412,392
Previous Owner Mattox Todd A $151,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $420,000 0.0% $274 / Sq Ft
04/27/2020 04/27/20 For Sale $420,000 -- $274 / 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 $5,590 $422,033 $0 $0
2023 $4,791 $414,900 $211,900 $203,000
2022 $4,222 $386,067 $0 $0
2021 $3,838 $357,233 $0 $0
2020 $3,485 $328,400 $211,900 $116,500
2019 $3,383 $327,100 $0 $0
2018 $3,344 $325,800 $0 $0
2017 $3,185 $324,500 $0 $0
2016 -- $300,533 $0 $0
2015 $3,374 $276,567 $0 $0
2014 $3,374 $252,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carras

    Seller's Agent in 2020

    Nick Carras

    RE/MAX

    (301) 606-4008

    50 Total Sales

    Section Image
  • Lance Macon

    Buyer's Agent in 2020

    Lance Macon

    Keller Williams Preferred Properties

    (240) 718-8023

    58 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC703660

Bright MLS

APN: 05-00305927

Maryland Montgomery County Silver Spring 20903

10703 Gatewood Ave, Silver Spring, MD

This home is located at 10703 Gatewood Ave, Silver Spring, MD 20903 since 27 April 2020 and is currently estimated at $540,674, approximately $352 per square foot. This property was built in 1956. 10703 Gatewood Ave is a home located in Montgomery County with nearby schools including Roscoe R. Nix Elementary School, Cresthaven Elementary School, and Francis Scott Key Middle School.

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