NOT LISTED FOR SALE

2 Cedar Ave Gaithersburg, MD 20877

Gaithersburg Area

Estimated Value: $543,000 - $677,000

5 Beds
2 Baths
2,388 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2021

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

Est. 29% increase in value since last sale

Current estimated payment $4,019 / mo

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

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Gaithersburg Brokerage Phone: 3012587757 License #SP200201726 Listed on: 02/19/2021

Last Buyer's Agent

Juan Umanzor

(240) 497-1700 Juan@longandfoster.com Long & Foster Real Estate, Inc. License #577426

Long & Foster Real Estate, Inc.

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,146

Year Built

  • Built in 1940

Lot Details

  • 10,920 Sq Ft 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

  • Cooling System Utilizes Natural Gas
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 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

0.25 Acres

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: 2/19/2021 12:00:00 AM
  • 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, Bathroom - 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

Lot Info

  • Fencing: Rear
  • 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

  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 1, 2021
Sold by
Bought by
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
$625,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,396
Avg. Annual Appreciation
4.88%
Original Mortgage
$412,250
Outstanding Balance
$364,045
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$261,351

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gaithersburg, MD

  • Diana Carrasco Real Estate Agent - RLAH @properties

    Diana Carrasco

    RLAH @properties

    (202) 883-6436

    76 Total Sales

    3 in Gaithersburg

    $130K - $250K Price Range

    Diana Carrasco
     Section Image
  • Joe Smith Real Estate Agent - Next Step Realty

    Joe Smith

    Next Step Realty

    (443) 214-3147

    194 Total Sales

    2 in Gaithersburg

    $585K - $605K Price Range

    Joe Smith
     Section Image
  • German Llerena Real Estate Agent - RLAH @properties

    German Llerena

    Responds Quickly

    RLAH @properties

    (301) 679-7213

    68 Total Sales

    1 in Gaithersburg

    $641,990 Price

    German Llerena
     Section Image
  • Bruno Tarquinii Real Estate Agent - Fairfax Realty Premier

    Bruno Tarquinii

    Fairfax Realty Premier

    (240) 816-4610

    124 Total Sales

    1 in Gaithersburg

    $380,000 Price

    Bruno Tarquinii
     Section Image
  • Joanne McLaughlin Real Estate Agent - Coldwell Banker Realty

    Joanne McLaughlin

    Coldwell Banker Realty

    (667) 225-3654

    54 Total Sales

    1 in Gaithersburg

    $390,000 Price

    Joanne McLaughlin
     Section Image
  • Maureen Gilli Real Estate Agent - Long & Foster Real Estate, Inc.

    Maureen Gilli

    Long & Foster Real Estate, Inc.

    (607) 862-8733

    39 Total Sales

    1 in Gaithersburg

    $675,000 Price

    Maureen Gilli
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 Harvest Title & Escrow Llc
$325,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,250
Previous Owner $188,355
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,901 $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 Real Estate Agent - Real Broker, LLC - Gaithersburg

    Seller's Agent in 2021

    Jim Winn

    Real Broker, LLC - Gaithersburg

    (301) 221-7679

    141 Total Sales

    Jim Winn
    Section Image
  • Juan Umanzor Real Estate Agent - Long & Foster

    Buyer's Agent in 2021

    Juan Umanzor

    Long & Foster

    (240) 494-6433

    378 Total Sales

    Juan Umanzor
    Section Image
  • Hector Mayorga Real Estate Agent - Compass

    Buyer Co-Listing Agent in 2021

    Hector Mayorga

    Compass

    (240) 751-5667

    114 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

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