NOT LISTED FOR SALE

2016 Gatewood Place Silver Spring, MD 20903

Estimated Value: $803,000 - $826,000

4 Beds
2.5 Baths
3,198 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $750,000 $235 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,993/month

77 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Roscoe R. Nix Elementary School Rated A-
  • Space For Rooms
  • 3 Car Direct Access Garage

About This Home

As of February 2024

THIS PROPERTY IS SO MUCH LARGER THAN IT LOOKS FROM THE FRONT STREET VIEW! This stunning mid-century modern stylish home is conveniently located. Nestled on a 9302 sq. ft. lot, this 5,148 sq. ft. home exudes timeless charm and distinctive features. It is a spacious 2-level, 4-bedroom home with den and 2.5 bathrooms. The home features stunning hardwood flooring throughout. The first floor consists of a large formal Living Room with a beautiful Fire Place, a formal Dining Room with an exotic chandelier, and a stylish Gourmet Kitchen and Wet Bar which enhances functionality and flows seamlessly into the Family Room. The kitchen boasts a Silestone countertop, a gorgeous kitchen island brimming with style and practicality with seating for four, and modern appliances. The Swarovski crystal pendants adorn the island.

On the second floor, you will find four bedrooms and a den. Each bedroom consists of its own walk-in closet. The master en-suite includes a spectacular closet collection, bathroom and spa. This custom-designed His and Hers closet has multiple hanging areas, adjustable shelves, lined jewelry draws, shoe storage with shoe fences, pull-out hangers for belts and ties, pull-out ironing board and so much more. The Tiffany pendant lamp is a beautiful focal point in this space. The luxurious master-bathroom and spa inspires beauty and comfort. It’s sleek modern finishes with traditional accessories gives the space an electric and enigmatic vibe. It includes dual vanity with sinks, a water-closet with bidet operated by remote control, a glass-enclosed shower with a beautiful accent wall, top of the line soothing soaking tub with jets and hi-tech features and heated tiled flooring. The second bathroom features a glass-enclosed shower with marble interior that is styled with exquisite finishing touches and fixtures. There is a washer and dryer, as well as, an HVAC on this level that were installed in 2019. The large walk-out basement though unfinished, is a blank canvas with endless possibilities waiting to be transformed into a beautiful, finished space that could be your favorite part of the house.

The large enclosed 2-car garage can be accessed from the kitchen. The garage is retrofitted with cabinetry and has a high-gloss polyaspartic flooring that is beautifully coated and easy to clean. Installation of a new roof and gutters was completed in 2019.

Last Agent to Sell the Property

Sheila Murchison

(202) 744-7774 SMBMURCHISON@GMAIL.COM SMB Murchison Realty, Inc. Listed on: 11/03/2023

Last Buyer's Agent

MODOU S Camara

(301) 257-3217 msar46@gmail.com EZ Realty, LLC. License #RSR005192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,538

Year Built

  • Built in 1966

Lot Details

  • 9,302 Sq Ft Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 3 Car Direct Access Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • Property has 3 Levels
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Space For Rooms

Home Security

  • Home Security System
  • Storm Doors
  • Flood Lights

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • Hillandale Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 160500285533

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,538

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Statues in the front and rear yards.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-11-04
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove, Washer, Dryer, Water Heater
  • Flooring Type: Hardwood
  • Fireplace Features: Brick, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Brick/Mortar, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Outside Entrance, Poured Concrete, Side Entrance, Space For Rooms, Unfinished
  • Laundry Type: Upper Floor, Has Laundry
  • Total Sq Ft: 5148
  • Living Area Sq Ft: 3198
  • Price Per Sq Ft: 242.34
  • Above Grade Finished Sq Ft: 3198
  • Below Grade Sq Ft: 1950
  • Total Below Grade Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2016

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Flood Lights
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • 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
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Land Use Code: R
  • Lot Features: Front Yard, Sideyard(s), Rear Yard
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9302.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7538.00
  • Assessor Parcel Number: 160500285533
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 3198
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Feb 29, 2024
Sold by
Ann Marie Gordon Revocable Trust
Bought by
Diallo Youssouph
Seller's Agent
Sheila Murchison
SMB Murchison Realty, Inc.
Buyer's Agent
MODOU S Camara
EZ Realty, LLC.
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
204
Current Estimated Value
$814,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,550
Avg. Annual Appreciation
5.33%
Original Mortgage
$75,000
Outstanding Balance
$31,488
Interest Rate
6.6%
Estimated Equity
$783,062

Purchase Details

Closed on
May 15, 2017
Sold by
Gordon Ann Marie and Lawrence Rudolph E
Bought by
Gordon Ann Marie and Ann Marie Gordon Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2012
Sold by
Gordon Ann Marie
Bought by
Gordon Ann Marie and Gordon Lawrene Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Gordon Ann Marie
Bought by
Gordon Ann Marie and Gordon Lawrene Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1999
Sold by
Sparrow Constance N
Bought by
Gordon Ann Marie
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
Diallo Youssouph $750,000 Realty Title
Diallo Youssouph $750,000 Realty Title
Gordon Ann Marie -- None Available
Gordon Ann Marie -- None Available
Gordon Ann Marie -- None Available
Gordon Ann Marie $258,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diallo Youssouph $75,000
Closed Diallo Youssouph $75,000
Open Diallo Youssouph $600,000
Closed Diallo Youssouph $600,000
Previous Owner Gordon Ann Marie $100,000
Previous Owner Gordon Ann Marie $356,250
Previous Owner Gordon Ann Marie $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $750,000 -3.2% $235 / Sq Ft
11/24/2023 11/24/23 For Sale $775,000 +3.3% $242 / Sq Ft
11/23/2023 11/23/23 Off Market $750,000 -- --
11/03/2023 11/03/23 For Sale $775,000 -- $242 / 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 $8,096 $639,800 $214,200 $425,600
2024 $8,096 $639,800 $214,200 $425,600
2023 $6,454 $667,800 $214,200 $453,600
2022 $5,748 $623,933 $0 $0
2021 $4,853 $580,067 $0 $0
2020 $4,853 $536,200 $214,200 $322,000
2019 $4,800 $534,300 $0 $0
2018 $4,599 $434,700 $214,200 $220,500
2017 $4,726 $439,200 $0 $0
2016 -- $406,533 $0 $0
2015 $4,146 $373,867 $0 $0
2014 $4,146 $341,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2111274

Bright MLS

APN: 05-00285533