NOT LISTED FOR SALE

2305 E Gate Dr Silver Spring, MD 20906

Layhill Neighborhood

Estimated Value: $654,000 - $735,380

5 Beds
3.5 Baths
3,627 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $615,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,536/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Bel Pre Elementary School Rated A-
  • Traditional Floor Plan
  • Attic

About This Home

As of December 2022

This home has so much potential!! While the kitchen and bathrooms need cosmetic updating, there are so many amazing features that make this one special. The upper level offers 5 large bedrooms with hardwood floors. The primary suite has a walk in closet and full bath with double sinks. There is a second full bath on the upper level with double sinks and tub shower. The main level offers an eat-in kitchen with table space, large living room and dining room with hardwood floors, family room with wood burning fireplace, half bath, and laundry room! The lower level features a huge recreation room with wet bar & fireplace with a gas insert. The lower level also offers a full bath, utility/storage room, and bonus room that could serve as a 6th bedroom, workout room, or home office. The 2 car garage has a separate heating/cooling system and attic with pull down stairs. Additional features include 2 concrete patios, whole house generator, and fantastic backyard. Updates include new gas furnace (2018), fresh paint in several rooms and exterior shutters (2020), and whole house generator (2011). Fantastic location in the Layhill Village neighborhood off Layhill Rd close to major routes, shopping, and restaurants. Open House Saturday & Sunday, November 26th & 27th 12-2 p.m.!

Last Agent to Sell the Property

Melissa Spaid-Decker

Keller Williams Realty Centre License #0645985 Listed on: 11/25/2022

Keller Williams Realty Centre

Last Buyer's Agent

Lenita Posin

HomeSmart License #613163

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1966

Lot Details

  • 0.43 Acre Lot
  • Property is in below average condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • 3 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room Off Kitchen
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Basement with some natural light

Accessible Home Design

  • Chairlift

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Layhill Village Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161301439812

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,569

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-11-25
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: This home has so much potential!! While the kitchen and bathrooms need cosmetic updating, there are so many amazing features that make this one special. The upper level offers 5 large bedrooms with hardwood floors. The primary suite has a walk in closet and full bath with double sinks. There is a second full bath on the upper level with double sinks and tub shower. The main level offers an eat-in kitchen with table space, large living room and dining room with hardwood floors, family room with wood burning fireplace, half bath, and laundry room! The lower level features a huge recreation room with wet bar & fireplace with a gas insert. The lower level also offers a full bath, utility/storage room, and bonus room that could serve as a 6th bedroom, workout room, or home office. The 2 car garage has a separate heating/cooling system and attic with pull down stairs. Additional features include 2 concrete patios, whole house generator, and fantastic backyard. Updates include new gas furnace (2018), fresh paint in several rooms and exterior shutters (2020), and whole house generator (2011). Fantastic location in the Layhill Village neighborhood off Layhill Rd close to major routes, shopping, and restaurants. Open House Saturday & Sunday, November 26th & 27th 12-2 p.m.!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Double, Oven - Wall, Refrigerator, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl, Tile/Brick
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Tub Shower, Stall Shower, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Insert, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Recreation Room, Utility Room, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Outside Entrance, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3780
  • Living Area Sq Ft: 3627
  • Price Per Sq Ft: 238.06
  • Above Grade Finished Sq Ft: 2520
  • Below Grade Finished Sq Ft: 1107
  • Below Grade Sq Ft: 153
  • Total Below Grade Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2305

Beds/Baths

  • Bedrooms: 5
  • 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, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

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

  • Horses: No
  • Improvement Assessed Value: 250400.00
  • Land Assessed Value: 195100.00
  • Land Use Code: R
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18536.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Below Average
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14045908
  • Tax Annual Amount: 5569.00
  • Assessor Parcel Number: 161301439812
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/20/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Dec 20, 2022
Sold by
Alma L Spaid Irrevocable Trust
Bought by
Peredo Luis F and Espinal Sinthia N
Seller's Agent
Melissa Spaid-Decker
Keller Williams Realty Centre
Buyer's Agent
Lenita Posin
HomeSmart
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Total Days on Market
3
Views
37
Current Estimated Value
$710,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,845
Avg. Annual Appreciation
6.01%
Original Mortgage
$340,000
Outstanding Balance
$331,219
Interest Rate
6.58%
Mortgage Type
Construction
Estimated Equity
$379,626

Purchase Details

Closed on
Jun 17, 2004
Sold by
Spaid Alma L Et Al Tr
Bought by
Spaid Keith A

Purchase Details

Closed on
Jun 16, 2004
Sold by
Spaid Alma L Tr
Bought by
Spaid Keith A
Source: Public Records

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Range of Values:

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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
Peredo Luis F $615,000 Assurance Title
Spaid Keith A -- --
Spaid Keith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peredo Luis F $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $615,000 +2.5% $170 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $599,900 -- $165 / 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 $6,768 $524,433 $0 $0
2023 $6,983 $484,967 $0 $0
2022 $3,591 $445,500 $195,100 $250,400
2021 $3,237 $439,800 $0 $0
2020 $4,651 $434,100 $0 $0
2019 $6,412 $428,400 $195,100 $233,300
2018 $6,379 $428,400 $195,100 $233,300
2017 $6,290 $428,400 $0 $0
2016 $4,257 $433,900 $0 $0
2015 $4,257 $429,500 $0 $0
2014 $4,257 $425,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Spaid-Decker

    Seller's Agent in 2022

    Melissa Spaid-Decker

    Keller Williams Realty Centre

    (301) 395-8082

    1 in this area

    131 Total Sales

    Melissa Spaid-Decker
    Section Image
  • Lenita Posin

    Buyer's Agent in 2022

    Lenita Posin

    HomeSmart

    (301) 704-4686

    2 in this area

    93 Total Sales

    Lenita Posin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2075720

Bright MLS

APN: 13-01439812

Maryland Montgomery County Silver Spring 20906 Layhill

2305 E Gate Dr, Silver Spring, MD

This home is located at 2305 E Gate Dr, Silver Spring, MD 20906 since 25 November 2022 and is currently estimated at $710,845, approximately $195 per square foot. This property was built in 1966. 2305 E Gate Dr is a home located in Montgomery County with nearby schools including Bel Pre Elementary School, Strathmore Elementary School, and Argyle Middle School.

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