NOT LISTED FOR SALE

2 Cedar Ave Gaithersburg, MD 20877

Estimated Value: $607,000 - $675,000

5 Beds
2 Baths
2,388 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $485,000 $203 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,790/month

13 Days on Market

Highlights

  • Second Kitchen
  • Dual Staircase
  • Wood Flooring
  • 0.25 Acre Lot
  • Deck
  • Main Floor Bedroom

About This Home

As of April 2021

WELCOME TO THIS GEM IN PRIME LOCATION W/NEARLY 3,000 SQFT ** RENOVATED OPEN KITCHEN BOASTS BREAKFAST PENINSULA, CUSTOM TILE, MAPLE & CHERRY CABINETS, HIGH-END SS (GAS) APPLIANCES, CORIAN COUNTERS, BACKSPLASH & WINE RACK** GLEAMING HW FLOORS, CROWN MOLDING & CUSTOM TILE IN FULL BATH ON MAIN LEVEL W/FIREPLACE, OFFICE AREA & 2 BEDROOMS** UPPER LEVEL W/UPDATED, 2ND KITCHEN FOR IN-LAW/AU-PAIR SUITE POTENTIAL, 3 BEDROOMS, PRIVATE BALCONY ACCESS, ADDED WASHER & DRYER & 2ND ELECTRICAL, AMP & METER PANELS + DUAL 50 GAL H20 HEATERS** LARGE, WALK-IN ATTIC W/EXTRA INSULATION, ABUNDANT STORAGE & LOFT POTENTIAL** BASEMENT INCL WORKSHOP, STORAGE & LAUNDRY AREAS** STEP OUT TO LARGE DECK & FLAT, FENCED-IN YARD W/FIRE PIT & STORAGE SHED** AMPLE PARKING ON LONG DRIVEWAY & MINUTES FROM SHADY GROVE METRO, MARC TRAIN, 270, ICC, BOHRER PARK, OBSERVATORY PARK, CONSTITUTION GARDENS, OLD TOWNE, SHOPS, EATS, ETC** SEE VIDEO TOUR & HURRY BEFORE THIS GETS SNATCHED UP!!

Last Agent to Sell the Property

Jim Winn

(301) 221-7679 jim@jimwinnhomes.com Real Broker, LLC - Gaithersburg License #SP200201726 Listed on: 02/19/2021

Real Broker, LLC - Gaithersburg

Last Buyer's Agent

Juan Umanzor

(240) 494-6433 Juan@longandfoster.com Long & Foster Real Estate, Inc. License #0225102012

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,146

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Property is zoned R90

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Living Room
  • Bonus Room
  • Workshop
  • Storage Room
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Extra Refrigerator or Freezer
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Basement

  • Interior Basement Entry
  • Workshop
  • Laundry in Basement

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces
  • Private Parking
  • Paved Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Humidifier
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Observatory Heights Subdivision

Listing and Financial Details

  • Tax Lot P71
  • Assessor Parcel Number 160900841206

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,146

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-19
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Front Loading, Washer - Front Loading, Refrigerator, Washer/Dryer Stacked, Stainless Steel Appliances, Extra Refrigerator/Freezer, Humidifier, Oven/Range - Gas, Water Heater, Disposal
  • Interior Amenities: 2nd Kitchen, Attic, Carpet, Ceiling Fan(s), Entry Level Bedroom, Pantry, Tub Shower, Wood Floors, Breakfast Area, Recessed Lighting, Crown Moldings, Additional Stairway, Kitchen - Eat-In, Upgraded Countertops
  • Window Features: Double Pane
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Storage Room, Workshop, Bonus Room, Full Bath
  • Basement: Yes
  • Basement Type: Interior Access, Workshop
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 2882
  • Living Area Sq Ft: 2388
  • Price Per Sq Ft: 203.10
  • Above Grade Finished Sq Ft: 2388
  • Below Grade Sq Ft: 494
  • Total Below Grade Sq Ft: 494
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Parking, Private
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Heat Pump(s), Zoned, Ceiling Fan(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Zoned, Heat Pump(s), Forced Air, Heat Pump - Electric Backup
  • 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
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 208100.00
  • Land Assessed Value: 196300.00
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10920.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R90
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943451
  • Tax Annual Amount: 5146.00
  • Assessor Parcel Number: 160900841206
  • Tax Lot: P71
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 1, 2021
Sold by
Quinlan Michael F
Bought by
Lin Boravy Neang
Seller's Agent
Jim Winn
Real Broker, LLC - Gaithersburg
Buyer's Agent
Juan Umanzor
Long & Foster Real Estate, Inc.
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$628,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,492
Avg. Annual Appreciation
5.52%
Original Mortgage
$412,250
Outstanding Balance
$372,212
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$256,280

Purchase Details

Closed on
May 27, 2003
Sold by
Bowman Helen D Trust
Bought by
Quinlan Michael F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Boravy Neang $485,000 Harvest Title & Escrow Llc
Quinlan Michael F $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Boravy Neang $412,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $485,000 0.0% $203 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $485,000 -- $203 / 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 $6,306 $486,867 -- --
2024 $6,306 $445,633 $0 $0
2023 $6,423 $404,400 $196,300 $208,100
2022 $4,858 $400,667 $0 $0
2021 $5,389 $396,933 $0 $0
2020 $5,315 $393,200 $196,300 $196,900
2019 $5,147 $381,200 $0 $0
2018 $4,993 $369,200 $0 $0
2017 $4,810 $357,200 $0 $0
2016 $5,419 $346,633 $0 $0
2015 $5,419 $336,067 $0 $0
2014 $5,419 $325,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Winn

    Seller's Agent in 2021

    Jim Winn

    Real Broker, LLC - Gaithersburg

    (301) 221-7679

    5 in this area

    143 Total Sales

    Jim Winn
    Section Image
  • Juan Umanzor

    Buyer's Agent in 2021

    Juan Umanzor

    Long & Foster

    (240) 494-6433

    8 in this area

    457 Total Sales

    Juan Umanzor
    Section Image
  • Hector Mayorga

    Buyer Co-Listing Agent in 2021

    Hector Mayorga

    Compass

    (240) 751-5667

    5 in this area

    124 Total Sales

    Hector Mayorga
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC741052

Bright MLS

APN: 09-00841206

Maryland Montgomery County Gaithersburg 20877

2 Cedar Ave, Gaithersburg, MD

Not Listed for Sale

Detached

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