NOT LISTED FOR SALE

2107 Gatewood Place Silver Spring, MD 20903

Estimated Value: $569,000 - $661,000

3 Beds
2.5 Baths
1,232 Sq Ft
$489/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $420,000 $341 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,602/month

60 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Property is in very good condition
  • Springbrook High School Rated A-
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2018

Beautiful fully renovated split level home. Just completed a $70,000 renovation with all new siding, roof, kitchen cabinets, granite tops & SS Appliances. The main level has an open floor plan with hardwood floors, the lower level has a newly carpeted Family Rm. w/fireplace, Storage Rm. & Powder Rm. Top Fl. has 3 Bedrooms & 2 fully redone Baths. Submit your contracts, this one won t last!

Last Agent to Sell the Property

Giovanni SantaAna

(703) 618-8277 giovanni@move4freerealty.com Move4Free Realty, LLC Listed on: 03/02/2018

Last Buyer's Agent

Yiqun Cen

(301) 332-3409 ycen9999@yahoo.com Evergreen Properties License #573971

Evergreen Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry

Utilities

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

Community Details

  • No Home Owners Association
  • Hillandale Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160500285316

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1963
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 139300.00
  • Land Assessed Value: 219200.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10682
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10682.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13909381
  • Tax Annual Amount: 4367.28
  • Assessor Parcel Number: 160500285316
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jun 1, 2018
Sold by
Demarco Donald F and Demarco Jacqueline I
Bought by
Mao Xiaoli
Seller's Agent
Giovanni SantaAna
Move4Free Realty, LLC
Buyer's Agent
Yiqun Cen
Evergreen Properties
List Price
$429,950
Sold Price
$420,000
Premium/Discount to List
-$9,950
-2.31%
Current Estimated Value
$602,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,504
Avg. Annual Appreciation
4.82%
Original Mortgage
$230,000
Outstanding Balance
$194,212
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$408,292

Purchase Details

Closed on
Jan 30, 2004
Sold by
Cho James H and Cho J E
Bought by
Demarco Donald F and Demarco Jacqueline I

Purchase Details

Closed on
Sep 14, 1999
Sold by
Short Susan M
Bought by
Cho James H and Cho J E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mao Xiaoli $429,000 None Available
Demarco Donald F $336,000 --
Demarco Donald F $336,000 --
Cho James H $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Xiaoli $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $420,000 -2.3% $341 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $429,950 0.0% $349 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $429,950 -- $349 / 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 $5,681 $455,000 -- --
2024 $5,681 $430,000 $0 $0
2023 $4,677 $405,000 $219,200 $185,800
2022 $4,311 $394,200 $0 $0
2021 $4,127 $383,400 $0 $0
2020 $3,972 $372,600 $219,200 $153,400
2019 $3,886 $367,900 $0 $0
2018 $3,810 $363,200 $0 $0
2017 $4,367 $358,500 $0 $0
2016 -- $339,000 $0 $0
2015 $4,285 $319,500 $0 $0
2014 $4,285 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000226026

Bright MLS

APN: 05-00285316