NOT LISTED FOR SALE

16 Cedar Ave Gaithersburg, MD 20877

Estimated Value: $604,000 - $674,385

4 Beds
2.5 Baths
1,686 Sq Ft
$373/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $393,000 $233 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,009/month

209 Days on Market

Highlights

  • 0.48 Acre Lot
  • Rambler Architecture
  • No HOA
  • Private Lot
  • 1 Fireplace
  • 4-minute walk to Observatory Park

About This Home

As of June 2014

Back on marke FABULOUS renovation, Lots of room large rambler in the heart of Gaithersburg, Front Porch, Gleaming hardwood floors, large BRs, Updated baths , Amazing new KT with Granite and 42" cabinets, granite floors, stainless steel appliances, Large Bkfst room plus separate DR, Connecting Mud room, Enclosed Breezeway to Large 2 Car garage, Overlooking huge private back yard. Fully Fin Bsmt FR

Last Agent to Sell the Property

Mauricio Aguilar

Mid-Atlantic Realty Listed on: 10/04/2013

Last Buyer's Agent

Asif Qadir

RE/MAX Premiere Selections License #526628

RE/MAX Premiere Selections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1947

Lot Details

  • 0.48 Acre Lot
  • Private Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • Rear Basement Entry
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot P76
  • Assessor Parcel Number 160900841148

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,268

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick, Combination
  • Construction Completed: No
  • 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: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 105.87
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 139000.00
  • Land Assessed Value: 173800.00
  • Lot Features: Private
  • Lot Size Acres: 0.48
  • Lot Size Area: 20998
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20998.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2014
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943446
  • Tax Annual Amount: 4268.0
  • Assessor Parcel Number: 160900841148
  • Tax Lot: P76
  • Tax Total Finished Sq Ft: 1686
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/25/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Jun 25, 2014
Sold by
Morales Fernando and Morales Ubaldo
Bought by
Geidel Rivas and Rivas Claudia
Seller's Agent
Mauricio Aguilar
Mid-Atlantic Realty
Buyer's Agent
Asif Qadir
RE/MAX Premiere Selections
List Price
$409,900
Sold Price
$393,000
Premium/Discount to List
-$16,900
-4.12%
Current Estimated Value
$629,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,596
Avg. Annual Appreciation
4.29%
Original Mortgage
$314,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2013
Closed on
May 10, 2013
Sold by
Lacayo Maria A
Bought by
Morales Fernando
Seller's Agent
Mauricio Aguilar
Mid-Atlantic Realty
Buyer's Agent
Monica Cokinos
Samson Properties
List Price
$210,000
Sold Price
$235,000
Premium/Discount to List
$25,000
11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.63%

Purchase Details

Closed on
Dec 6, 2006
Sold by
Abel Joan E
Bought by
Lacayo Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Abel Joan E
Bought by
Lacayo Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 1996
Sold by
Abel Howard S and Abel V Abel A
Bought by
Abel Joan E
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
Geidel Rivas $393,000 Eastern Title & Settlement
Morales Fernando $235,000 First American Title Ins Co
Lacayo Maria A $480,000 --
Lacayo Maria A $480,000 --
Abel Joan E $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Geidel $395,000
Previous Owner Geidel Rivas $314,400
Previous Owner Lacayo Maria A $96,000
Previous Owner Lacayo Maria A $384,000
Previous Owner Lacayo Maria A $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $393,000 -4.1% $233 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $409,900 0.0% $243 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
03/24/2014 03/24/14 Price Changed $409,900 -2.4% $243 / Sq Ft
11/01/2013 11/01/13 Price Changed $419,900 -3.4% $249 / Sq Ft
10/04/2013 10/04/13 For Sale $434,900 +85.1% $258 / Sq Ft
05/10/2013 05/10/13 Sold $235,000 0.0% $139 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
01/17/2013 01/17/13 Off Market $235,000 -- --
01/16/2013 01/16/13 For Sale $210,000 -- $125 / 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 $6,947 $540,267 -- --
2024 $6,947 $498,233 $0 $0
2023 $7,053 $456,200 $217,000 $239,200
2022 $5,413 $447,767 $0 $0
2021 $269 $439,333 $0 $0
2020 $5,196 $430,900 $217,000 $213,900
2019 $5,181 $430,900 $217,000 $213,900
2018 $5,144 $430,900 $217,000 $213,900
2017 $5,227 $433,100 $0 $0
2016 $4,617 $393,000 $0 $0
2015 $4,617 $352,900 $0 $0
2014 $4,617 $312,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003737664

Bright MLS

APN: 09-00841148