$800,000
SOLD MAY 14, 2025

2503 N Gate Terrace Silver Spring, MD 20906

Layhill Neighborhood
5 Beds
3.5 Baths
3,076 Sq Ft
0.57 Acres

Recently Sold

$260 Per Sq Ft

4% Below List Price

34 Days on Market

Highlights

  • Open Floorplan
  • Creek or Stream View
  • Private Lot
  • Bel Pre Elementary School Rated A-
  • Deck
  • Rambler Architecture

About This Home

As of May 2025

One Level Living at its finest. Rarely available custom rambler on a cul-de-sac with nearly 5,000 square feet on two levels. Huge kitchen has a sitting area with a fireplace and indoor grill. Dining and Living Rooms have vaulted ceilings with an open feel, perfect for entertaining, and tons of sunlight, with a wall of windows and sliding doors to a huge deck overlooking large backyard. Full walkout basement has a ton of potential. The lower level living space has its own fireplace and is loaded with windows and natural light. With a full bathroom and bedroom with a separate entrance, this may be perfect for an in-law suite or isolated office space. Updated windows, doors, roof, siding, HVAC and extensive solar array on west-facing roof slashes electricity bills. Amazing location is convenient to all points Montgomery County. 2 miles to Glenmont Metro & ICC/US200, less than a mile to shopping, dining, and parks.

Last Agent to Sell the Property

Piero Marinucci

Silver Spring Real Estate License #596047 Listed on: 03/12/2025

Last Buyer's Agent

Tony Calkins

Compass License #BR40000171

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,281

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Private Lot
  • Premium Lot
  • Level Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Property Views

  • Creek or Stream
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Double Door Entry
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Space For Rooms
  • Basement with some natural light

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

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 37
  • Assessor Parcel Number 161301438670

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,281

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2025-03-13
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: One Level Living at its finest. Rarely available custom rambler on a cul-de-sac with nearly 5,000 square feet on two levels. Huge kitchen has a sitting area with a fireplace and indoor grill. Dining and Living Rooms have vaulted ceilings with an open feel, perfect for entertaining, and tons of sunlight, with a wall of windows and sliding doors to a huge deck overlooking large backyard. Full walkout basement has a ton of potential. The lower level living space has its own fireplace and is loaded with windows and natural light. With a full bathroom and bedroom with a separate entrance, this may be perfect for an in-law suite or isolated office space. Updated windows, doors, roof, siding, HVAC and extensive solar array on west-facing roof slashes electricity bills. Amazing location is convenient to all points Montgomery County. 2 miles to Glenmont Metro & ICC/US200, less than a mile to shopping, dining, and parks.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Built-In Microwave, Oven/Range - Electric, Water Heater
  • Flooring Type: Wood
  • Interior Amenities: Family Room Off Kitchen, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
  • Window Features: Double Pane, Energy Efficient, Replacement
  • Fireplace Features: Brick, Mantel(s), Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Sliding Glass, Energy Star Qualified Door(s), Double Entry
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Laundry, Storage Room, Utility Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Partial, Full, Partially Finished, Space For Rooms, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 4932
  • Living Area Sq Ft: 3076
  • Price Per Sq Ft: 338.61
  • Above Grade Finished Sq Ft: 2466
  • Below Grade Finished Sq Ft: 610
  • Below Grade Sq Ft: 1856
  • Total Below Grade Sq Ft: 2466
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2503

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main 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, Stone, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • View: Creek/Stream, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

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
  • Elementary School: BEL PRE
  • Middle School: ARGYLE
  • High School: JOHN F. KENNEDY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BEL PRE
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: ARGYLE

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Features: Cul-De-Sac, Premium, Level, Private, Rear Yard
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25030.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8281.00
  • Assessor Parcel Number: 161301438670
  • Tax Lot: 37
  • Tax Total Finished Sq Ft: 3076
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/14/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 14, 2025
Sold by
Wahl George and Wahl Megan
Bought by
Corbin Douglas S and Corbin Laurie
Seller's Agent
Piero Marinucci
Silver Spring Real Estate
Buyer's Agent
Tony Calkins
Compass
List Price
$835,000
Sold Price
$800,000
Premium/Discount to List
-$35,000
-4.19%
Views
246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Kistler Alan
Bought by
Wahl George and Mcgolrick Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2007
Sold by
Kistler Alan
Bought by
Kistler Alan Tr

Purchase Details

Closed on
May 18, 2007
Sold by
Kistler Alan
Bought by
Kistler Alan Tr
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $800,000 None Listed On Document
Deed $450,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $465,600 New Conventional
Previous Owner $457,500 New Conventional
Previous Owner $80,000 Stand Alone Second
Previous Owner $405,114 New Conventional
Previous Owner $415,150 New Conventional
Previous Owner $415,600 New Conventional
Previous Owner $436,939 FHA
Previous Owner $185,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $800,000 -4.2% $260 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $835,000 -- $271 / 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 $8,281 $644,000 $0 $0
2023 $6,758 $583,200 $0 $0
2022 $4,211 $522,400 $203,000 $319,400
2021 $5,693 $515,200 $0 $0
2020 $11,148 $508,000 $0 $0
2019 $5,455 $500,800 $203,000 $297,800
2018 $5,414 $499,000 $0 $0
2017 $5,569 $497,200 $0 $0
2016 $4,594 $495,400 $0 $0
2015 $4,594 $481,000 $0 $0
2014 $4,594 $466,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Piero Marinucci

    Silver Spring Real Estate

  • T

    Buyer's Agent in 2025

    Tony Calkins

    Compass

See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2168472

Bright MLS

APN: 13-01438670

Maryland Montgomery County Silver Spring 20906 Layhill

2503 N Gate Terrace, Silver Spring, MD

This home is located at 2503 N Gate Terrace, Silver Spring, MD 20906 and is currently priced at $800,000, approximately $260 per square foot. This property was built in 1966. 2503 N Gate Terrace 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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