NOT LISTED FOR SALE

Estimated Value: $711,371 - $760,000

4 Beds
5 Baths
3,037 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $605,000 $199 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,447/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Bel Pre Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

The property at 2409 East Gate Drive in Silver Spring, Maryland, is a spacious and well-appointed home that offers many desirable features and potential. The house has three large bedrooms on the upper level with two full baths, including the first-floor primary suite with two closets and an ensuite bathroom. The main level offers large living and dining rooms with hardwood floors, an eat-in kitchen/family room with a wood-burning fireplace, a sunroom, and a half bath and laundry room. The lower level features a huge recreation room with a wet bar, half bath, utility/storage room, and a bonus room that could serve as a guest bedroom, workout room, or home office. The home also has an oversized 2-car garage.


The property is located in the Layhill Village neighborhood, close to major routes, shopping, and restaurants, near the Glenmont Metro station, ICC and Brookside Gardens, Wheaton Regional Park, and Mid-County Community Recreation Center. The location is convenient for commuting to downtown Silver Spring, Rockville, Washington, Baltimore, and Tysons Corner. It is an excellent opportunity for someone looking for a spacious property in a great location with the potential to update and make it their own.


Silver Spring is a large and diverse community in Montgomery County, Maryland, just outside Washington D.C. The city offers a variety of amenities and attractions, including shopping, dining, entertainment, and parks. The downtown area is home to many restaurants, bars, shops, the Silver Spring Library, the AFI Silver Theatre, and the Fillmore concert venue. The city also has many parks, including the famous Sligo Creek Park, which offers hiking and biking trails, picnic areas, and a playground. Silver Spring is also home to the National Oceanic and Atmospheric Administration (NOAA) headquarters and the FDA White Oak Campus. Silver Spring is well-connected by public transportation, with several bus lines and the red line of the metro rail, providing easy access to Washington D.C. and the surrounding areas.

Last Agent to Sell the Property

lee stillwell

(301) 252-0702 lee@leestillwell.info RE/MAX Realty Services Listed on: 01/27/2023

Last Buyer's Agent

John Lowry

(301) 875-3583 JLowryRXP@gmail.com Samson Properties License #636384

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Schools

  • Bel Pre Elementary School
  • Argyle Middle School
  • John F. Kennedy High School

Utilities

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

Community Details

  • No Home Owners Association
  • Layhill Village Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161301437766

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,422

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3482
  • Living Area Sq Ft: 3037
  • Price Per Sq Ft: 275.15
  • Above Grade Finished Sq Ft: 2177
  • Below Grade Finished Sq Ft: 860
  • Below Grade Sq Ft: 445
  • Total Below Grade Sq Ft: 1305
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: ARGYLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 418500.00
  • Land Assessed Value: 188600.00
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15298.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14045707
  • Tax Annual Amount: 5422.00
  • Assessor Parcel Number: 161301437766
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 28, 2023
Sold by
Thompson Melford Theodore
Bought by
Walker Thomas E and Carhart Gail S
Seller's Agent
lee stillwell
RE/MAX Realty Services
Buyer's Agent
John Lowry
Samson Properties
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Views
125
Current Estimated Value
$735,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,843
Avg. Annual Appreciation
7.14%
Original Mortgage
$552,123
Outstanding Balance
$530,970
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$204,873
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
Walker Thomas E $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Thomas E $552,123
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $605,000 +1.0% $199 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $599,000 -- $197 / 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 $7,096 $607,100 $188,600 $418,500
2024 $7,096 $546,967 $0 $0
2023 $7,067 $486,833 $0 $0
2022 $3,439 $426,700 $188,600 $238,100
2021 $4,601 $421,267 $0 $0
2020 $5,521 $415,833 $0 $0
2019 $4,406 $410,400 $188,600 $221,800
2018 $4,383 $410,400 $188,600 $221,800
2017 $4,616 $410,400 $0 $0
2016 -- $416,700 $0 $0
2015 $4,335 $416,700 $0 $0
2014 $4,335 $416,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2081116

Bright MLS

APN: 13-01437766