NOT LISTED FOR SALE

18537 Cherry Laurel Ln Gaithersburg, MD 20879

Stewart Town Neighborhood

Estimated Value: $509,000 - $547,000

4 Beds
3.5 Baths
2,666 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $520,000 $195 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,237/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wooded Lot
  • Col. Zadok Magruder High School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of August 2024

OPEN HOUSE: Saturday, August 3rd, 1-3 PM

Don’t miss your chance to see this stunning end-unit townhome! With 4 bedrooms, 2 full baths, and 2 half baths, this expansive 2,666 sq. ft. home has been beautifully updated with over $70,000 in recent renovations. Watch the full floorplan and virtual tour link! Enjoy the brand-new kitchen cabinets, brand new kitchen countertops, brand new stainless steel appliances, and brand new durable LVP flooring throughout. Fresh carpet for the stairs, updated windows on some parts of the home, and a power-washed exterior add to the home's appeal. The HVAC and AC compressor were installed in 2011, and the water heater was replaced in 2018.

The primary suite is a true retreat with its vaulted cathedral ceilings, while bedrooms #2 and #3 offer ample space for queen-sized beds or larger. The walk-out basement features a 4th bedroom, which is generously sized and just needs a closet, plus a convenient half bath. This basement could be its very own apartment with its own full bathroom! The refreshed deck overlooks a serene, private natural area, perfect for relaxation.

Two assigned parking spaces are included, and the HOA fee is just $702 annually, equating to only $58.50 per month. This gem won’t last long—come see it before it’s gone!

Last Agent to Sell the Property

Christine Nieva

(202) 924-6078 Christine@NievaInc.com Deausen Realty Listed on: 07/31/2024

Deausen Realty

Last Buyer's Agent

MOTI SHIFERAW

(202) 569-4246 moti@motirealestate.com Keller Williams Capital Properties

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 1990 | Remodeled in 2024

Lot Details

  • 2,348 Sq Ft Lot
  • No Through Street
  • Wooded Lot
  • Backs to Trees or Woods
  • Side Yard
  • Property is in excellent condition

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Laundry in Basement
  • Basement Windows

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 160902811690

Community Details

Overview

  • Flower Hill Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,203

Year Built

Built in 1990 | Remodeled in 2024

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-31
  • Year Built: 1990
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: OPEN HOUSE: Saturday, August 3rd, 1-3 PM Don’t miss your chance to see this stunning end-unit townhome! With 4 bedrooms, 2 full baths, and 2 half baths, this expansive 2,666 sq. ft. home has been beautifully updated with over $70,000 in recent renovations. Watch the full floorplan and virtual tour link! Enjoy the brand-new kitchen cabinets, brand new kitchen countertops, brand new stainless steel appliances, and brand new durable LVP flooring throughout. Fresh carpet for the stairs, updated windows on some parts of the home, and a power-washed exterior add to the home's appeal. The HVAC and AC compressor were installed in 2011, and the water heater was replaced in 2018. The primary suite is a true retreat with its vaulted cathedral ceilings, while bedrooms #2 and #3 offer ample space for queen-sized beds or larger. The walk-out basement features a 4th bedroom, which is generously sized and just needs a closet, plus a convenient half bath. This basement could be its very own apartment with its own full bathroom! The refreshed deck overlooks a serene, private natural area, perfect for relaxation. Two assigned parking spaces are included, and the HOA fee is just $702 annually, equating to only $58.50 per month. This gem won’t last long—come see it before it’s gone!
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Combination, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Space For Rooms, Walkout Level, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 2666
  • Living Area Sq Ft: 2666
  • Price Per Sq Ft: 279.78
  • Above Grade Finished Sq Ft: 1894
  • Below Grade Finished Sq Ft: 772
  • Total Below Grade Sq Ft: 772
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18537

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 702.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor, Jog/Walk Path
  • HOA: Yes
  • 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

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees, No Thru Street, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2348.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent, Very Good, Good
  • Year Assessed: 2024
  • Zoning: PNZ
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4203.00
  • Assessor Parcel Number: 160902811690
  • Tax Lot: 67
  • Tax Total Finished Sq Ft: 1894
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/21/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 21, 2024
Sold by
Gandjbakhche Amir and Hekmat Mahtab
Bought by
Kebede Abinet Negash and Woldemichael Mekdelawit Hailu
Seller's Agent
Christine Nieva
Deausen Realty
Buyer's Agent
MOTI SHIFERAW
Keller Williams Capital Properties
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%
Views
86
Current Estimated Value
$528,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,607
Avg. Annual Appreciation
1.49%
Original Mortgage
$468,000
Outstanding Balance
$462,724
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$65,883

Purchase Details

Closed on
Jan 27, 2004
Sold by
Pehrson Bernie and Pehrson L J
Bought by
Gandjbakhche Amir and Mahtab Hekmat

Purchase Details

Closed on
Feb 9, 1999
Sold by
Cherry Laurel Limited
Bought by
L Bernie and L Pehrson J
Source: Public Records

Range of Values:

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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
Kebede Abinet Negash $520,000 The Security Title Guarantee C
Kebede Abinet Negash $520,000 The Security Title Guarantee C
Gandjbakhche Amir $275,900 --
Gandjbakhche Amir $275,900 --
L Bernie $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kebede Abinet Negash $468,000
Closed Kebede Abinet Negash $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $520,000 -1.9% $195 / Sq Ft
07/31/2024 07/31/24 For Sale $529,900 -- $199 / 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 $4,504 $384,900 -- --
2024 $4,504 $360,300 $0 $0
2023 $4,203 $335,700 $150,000 $185,700
2022 $3,926 $326,067 $0 $0
2021 $3,643 $316,433 $0 $0
2020 $3,643 $306,800 $150,000 $156,800
2019 $3,324 $278,967 $0 $0
2018 $3,014 $251,133 $0 $0
2017 $2,751 $223,300 $0 $0
2016 -- $223,300 $0 $0
2015 $4,101 $223,300 $0 $0
2014 $4,101 $244,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Nieva

    Seller's Agent in 2024

    Christine Nieva

    Deausen Realty

    (202) 924-6078

    5 in this area

    144 Total Sales

    Christine Nieva
    Section Image
  • MOTI SHIFERAW

    Buyer's Agent in 2024

    MOTI SHIFERAW

    Keller Williams Capital Properties

    (202) 569-4246

    1 in this area

    118 Total Sales

    MOTI SHIFERAW
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2141906

Bright MLS

APN: 09-02811690

Maryland Montgomery County Gaithersburg 20879 Stewart Town

18537 Cherry Laurel Ln, Gaithersburg, MD

This home is located at 18537 Cherry Laurel Ln, Gaithersburg, MD 20879 since 31 July 2024 and is currently estimated at $528,607, approximately $198 per square foot. This property was built in 1990. 18537 Cherry Laurel Ln is a home located in Montgomery County with nearby schools including Flower Hill Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

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