NOT LISTED FOR SALE

2004 Gatewood Place Silver Spring, MD 20903

Estimated Value: $722,000 - $773,900

3 Beds
3.5 Baths
3,452 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $661,000 $191 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,766/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Roscoe R. Nix Elementary School Rated A-
  • Wood Flooring
  • Sport Court

About This Home

As of February 2023

Welcome to 2004 Gatewood Pl. This 3-bed, 3.5 bath, turn-key colonial home has the perfect floor plan for both relaxing and entertaining indoors and out. Larger than it looks, this stunning home features an updated kitchen, wood floors throughout, wood burning fireplace, double oven, wine cooler, sprinkler system, new top of the line refrigerator, basketball half court, amazing shed with electricity, and best of all paid in full solar panels. The main level features a large living room and dining room, eat-in kitchen with double sink and 42” cabinets, and a huge rec room that opens to the updated deck. The upper-level features two generously sized bedrooms, full bath, laundry chute, a stunning in-law suite with custom closets, balcony, and an in-law full bathroom. The fully finished walk out open basement features a wet bar, full bathroom, laundry room and tons of storage. This home is conveniently located a short distance to parks, playgrounds, biking trails, dining, shops, bus stops, 495, 95 and 1.5 miles from the FDA White Oak Campus. Do not miss the opportunity to own this stunning gem!

Last Agent to Sell the Property

Daniel Llerena

RLAH @properties License #0225239937 Listed on: 01/26/2023

RLAH @properties

Co-Listed By

Jessica Palomino

RLAH @properties License #SP200202865

Last Buyer's Agent

Maureen Andary

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,310

Year Built

  • Built in 1965

Lot Details

  • 9,066 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Wood Flooring
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Shelving
  • Basement Windows

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Outdoor Features

  • Sport Court
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • 60 Gallon+ Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hillandale Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160500286218

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,310

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-01-26
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 2004 Gatewood Pl. This 3-bed, 3.5 bath, turn-key colonial home has the perfect floor plan for both relaxing and entertaining indoors and out. Larger than it looks, this stunning home features an updated kitchen, wood floors throughout, wood burning fireplace, double oven, wine cooler, sprinkler system, new top of the line refrigerator, basketball half court, amazing shed with electricity, and best of all paid in full solar panels. The main level features a large living room and dining room, eat-in kitchen with double sink and 42” cabinets, and a huge rec room that opens to the updated deck. The upper-level features two generously sized bedrooms, full bath, laundry chute, a stunning in-law suite with custom closets, balcony, and an in-law full bathroom. The fully finished walk out open basement features a wet bar, full bathroom, laundry room and tons of storage. This home is conveniently located a short distance to parks, playgrounds, biking trails, dining, shops, bus stops, 495, 95 and 1.5 miles from the FDA White Oak Campus. Do not miss the opportunity to own this stunning gem!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Full, Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance, Shelving, Walkout Level, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3452
  • Living Area Sq Ft: 3452
  • Price Per Sq Ft: 261.25
  • Above Grade Finished Sq Ft: 2488
  • Below Grade Finished Sq Ft: 964
  • Total Below Grade Sq Ft: 964
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2004

Beds/Baths

  • Bedrooms: 3
  • 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: Brick
  • Exterior Features: Sport Court, Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Central, Forced Air, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • 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: 431800.00
  • Land Assessed Value: 213100.00
  • Land Use Code: R
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9066.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13836847
  • Tax Annual Amount: 7310.00
  • Assessor Parcel Number: 160500286218
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3452
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 24, 2023
Sold by
Stewart Charles Arthur
Bought by
Sellers Chonayse Recoryan-Lor and Oconnell Ryan Michael
Seller's Agent
Daniel Llerena
RLAH @properties
Buyer's Agent
Maureen Andary
Compass
List Price
$650,000
Sold Price
$661,000
Premium/Discount to List
$11,000
1.69%
Views
61
Current Estimated Value
$754,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,725
Avg. Annual Appreciation
5.52%
Original Mortgage
$624,000
Outstanding Balance
$604,288
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$150,437

Purchase Details

Listed on
Jul 27, 2017
Closed on
Aug 31, 2017
Sold by
Shin Joseph and Shin Christine Y
Bought by
Stewart Charles Arthur
Seller's Agent
Linda Herring
Long & Foster Real Estate, Inc.
Buyer's Agent
Siavash Etminan
Compass
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$525,000
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Listed on
Feb 19, 2014
Closed on
May 29, 2014
Sold by
Gleeson Francis X and Gleeson Patricia A
Bought by
Shin Joseph and Shin Christine Y
Seller's Agent
Linda Solomich
Long & Foster Real Estate, Inc.
Buyer's Agent
Linda Herring
Long & Foster Real Estate, Inc.
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$485,212
Interest Rate
4.27%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sellers Chonayse Recoryan-Lor $661,000 Blue Note Title
Stewart Charles Arthur $525,000 Pinnacle Title & Escrow Inc
Shin Joseph $475,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Chonayse Recoryan-Lor $624,000
Previous Owner Stewart Charles Arthur $492,112
Previous Owner Stewart Charles Arthur $525,000
Previous Owner Shin Joseph $474,259
Previous Owner Shin Joseph $480,000
Previous Owner Shin Joseph $485,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $661,000 +1.7% $191 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $650,000 +23.8% $188 / Sq Ft
08/31/2017 08/31/17 Sold $525,000 0.0% $152 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $524,900 +10.5% $152 / Sq Ft
05/29/2014 05/29/14 Sold $475,000 -1.0% $139 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
04/01/2014 04/01/14 Price Changed $480,000 -4.0% $140 / Sq Ft
02/19/2014 02/19/14 For Sale $500,000 -- $146 / 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 $7,844 $617,900 $213,100 $404,800
2023 $7,441 $644,900 $213,100 $431,800
2022 $6,618 $603,233 $0 $0
2021 $5,597 $561,567 $0 $0
2020 $5,597 $519,900 $213,100 $306,800
2019 $5,485 $512,933 $0 $0
2018 $5,387 $505,967 $0 $0
2017 $5,399 $499,000 $0 $0
2016 -- $459,867 $0 $0
2015 -- $420,733 $0 $0
2014 -- $381,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2078984

Bright MLS

APN: 05-00286218