NOT LISTED FOR SALE

309 Reserve Gate Terrace Silver Spring, MD 20905

Ashton-Sandy Spring Neighborhood

Estimated Value: $1,272,000 - $1,400,000

4 Beds
4.5 Baths
6,256 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,079,000 $172 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,389/month

5 Days on Market

Highlights

  • Gourmet Country Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Sherwood Elementary School Rated A
  • Open Floorplan
  • Premium Lot

About This Home

As of April 2021

This is it! A grand Manor Home located at the edge of Sandy Spring and Olney. 4 Bedroom 5 bath home with refinished Hardwood floors,(Sanded and Stained), on the main level with new gourmet appliances in the kitchen and 2nd fireplace in the family room . New Handles, Hinges and Faucets. The interior walls, doors and trim have been completely painted and a new set of balusters have been installed in the grand Foyer, A new sleeping area has been installed in the lower level with a great Game Time viewing area with family and friends. The home is constructed of Hardy plank and Stone and the trim has been painted. The bedrooms and the lower level have new carpet. There is a beautiful large private office half way up the front stairs. The ceilings are 10 ft tall and the flow on the first level is incredible. The Moldings and Crown are spectacular. The Large living room has an elevated tray ceiling, Fireplace and many windows for light. The front Porch is a great place for a refreshment to view the open parklike setting. The reserve is actually a small collection of semi-custom homes on a circle with a large open area in the middle for this part of the community. There is one way to enter and exit this extremely private collection of Homes. The rear yard is fenced and backs to trees. The owners have installed a new Patio and a set of cascading steps. This home is truly a gem! This is almost like buying a new home. The schools according to records attend Sherwood in Olney. The great shopping in Olney is 5 min away. The community has close access to Metro and the inter county connector.

Last Agent to Sell the Property

Charles Wilson

TTR Sotheby's International Realty Listed on: 02/25/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Diane Rioux

Real Broker, LLC - Gaithersburg License #617061

Real Broker, LLC - Gaithersburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,013

Year Built

  • Built in 2004 | Remodeled in 2018

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned RNC

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 6,256 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Laundry on upper level
  • Attic

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

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

Community Details

  • Association fees include reserve funds
  • Olney Outside Subdivision, The Lancaster Floorplan
  • Ashton Preserve & Reserve Gate Community

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160803396666

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,013

Year Built

Built in 2004 | Remodeled in 2018

Lot Details

0

HOA Fees

$99 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-26
  • Year Built: 2004
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This is it! A grand Manor Home located at the edge of Sandy Spring and Olney. 4 Bedroom 5 bath home with refinished Hardwood floors,(Sanded and Stained), on the main level with new gourmet appliances in the kitchen and 2nd fireplace in the family room . New Handles, Hinges and Faucets. The interior walls, doors and trim have been completely painted and a new set of balusters have been installed in the grand Foyer, A new sleeping area has been installed in the lower level with a great Game Time viewing area with family and friends. The home is constructed of Hardy plank and Stone and the trim has been painted. The bedrooms and the lower level have new carpet. There is a beautiful large private office half way up the front stairs. The ceilings are 10 ft tall and the flow on the first level is incredible. The Moldings and Crown are spectacular. The Large living room has an elevated tray ceiling, Fireplace and many windows for light. The front Porch is a great place for a refreshment to view the open parklike setting. The reserve is actually a small collection of semi-custom homes on a circle with a large open area in the middle for this part of the community. There is one way to enter and exit this extremely private collection of Homes. The rear yard is fenced and backs to trees. The owners have installed a new Patio and a set of cascading steps. This home is truly a gem! This is almost like buying a new home. The schools according to records attend Sherwood in Olney. The great shopping in Olney is 5 min away. The community has close access to Metro and the inter county connector.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Icemaker, Oven - Double, Oven - Wall, Range Hood, Stainless Steel Appliances, Refrigerator, Water Heater
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Gourmet, Kitchen - Island, Pantry, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Hung, Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Heated, Outside Entrance, Interior Access, Partially Finished, Rear Entrance, Walkout Stairs
  • Laundry Type: Upper Floor
  • Total Sq Ft: 6256
  • Living Area Sq Ft: 6256
  • Price Per Sq Ft: 167.68
  • Above Grade Finished Sq Ft: 6256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 309

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Exterior Features: Lawn Sprinkler, Exterior Lighting, Extensive Hardscape
  • View: Trees/Woods
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 213.26
  • 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

  • HOA Fees: 593.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Reserve Funds
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SHERWOOD
  • Middle School: WILLIAM H. FARQUHAR
  • High School: SHERWOOD
  • 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: SHERWOOD
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Rear
  • Improvement Assessed Value: 708300.00
  • Land Assessed Value: 244500.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Cul-De-Sac, Landscaping, No Thru Street, Premium
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13477.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RNC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13810560
  • Tax Annual Amount: 10013.00
  • Assessor Parcel Number: 160803396666
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 5642
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 9, 2021
Sold by
Toth Gregory Michael and Toth Catherine
Bought by
Smith Janine J and Smith Damon Y
Seller's Agent
Charles Wilson
TTR Sotheby's International Realty
Buyer's Agent
Diane Rioux
Real Broker, LLC - Gaithersburg
List Price
$1,049,000
Sold Price
$1,079,000
Premium/Discount to List
$30,000
2.86%
Current Estimated Value
$1,330,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,728
Avg. Annual Appreciation
4.21%
Original Mortgage
$863,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
May 23, 2018
Sold by
Walker Aileen Pincus and Walker Scot
Bought by
Toth Gregory Michael and Toth Catherine
Seller's Agent
Ellen Coleman
RE/MAX Realty Centre, Inc.
Buyer's Agent
Charles Wilson
TTR Sotheby's International Realty
List Price
$979,999
Sold Price
$920,000
Premium/Discount to List
-$59,999
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$530,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
R A M Investing Ltd
Bought by
Walker Scot and Walker Aileen Pincus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Smith Janine J $1,079,000 Sage Title Group Llc
Toth Gregory Michael $920,000 Acer Title & Escrow Llc
Walker Scot $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Janine J $863,200
Previous Owner Toth Gregory Michael $530,000
Previous Owner Walker Scot $20,000
Previous Owner Walker Scot E $165,000
Previous Owner Walker Scot $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,079,000 +2.9% $172 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,049,000 +14.0% $168 / Sq Ft
05/24/2018 05/24/18 Sold $920,000 -3.7% $147 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/31/2018 03/31/18 Price Changed $954,999 -1.0% $153 / Sq Ft
03/05/2018 03/05/18 Price Changed $964,999 -0.1% $154 / Sq Ft
03/05/2018 03/05/18 Price Changed $965,999 -1.4% $154 / Sq Ft
02/08/2018 02/08/18 For Sale $979,999 -- $157 / 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 $12,472 $1,112,467 -- --
2024 $12,472 $1,032,633 $0 $0
2023 $10,831 $952,800 $244,500 $708,300
2022 $10,044 $925,133 $0 $0
2021 $9,674 $897,467 $0 $0
2020 $18,683 $869,800 $244,500 $625,300
2019 $9,321 $869,800 $244,500 $625,300
2018 $9,330 $869,800 $244,500 $625,300
2017 $9,595 $917,800 $0 $0
2016 $9,860 $860,000 $0 $0
2015 $9,860 $802,200 $0 $0
2014 $9,860 $744,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Wilson

    Seller's Agent in 2021

    Charles Wilson

    TTR Sotheby's International Realty

    (301) 704-0520

    1 in this area

    69 Total Sales

    Section Image
  • Diane Rioux

    Buyer's Agent in 2021

    Diane Rioux

    Real Broker, LLC - Gaithersburg

    (301) 367-1115

    1 in this area

    54 Total Sales

    Section Image
  • Ellen Coleman

    Seller's Agent in 2018

    Ellen Coleman

    RE/MAX

    (301) 538-4049

    9 in this area

    153 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC744472

Bright MLS

APN: 08-03396666

Maryland Montgomery County Silver Spring 20905 Ashton-Sandy Spring

309 Reserve Gate Terrace, Silver Spring, MD

This home is located at 309 Reserve Gate Terrace, Silver Spring, MD 20905 since 25 February 2021 and is currently estimated at $1,330,728, approximately $212 per square foot. This property was built in 2004. 309 Reserve Gate Terrace is a home located in Montgomery County with nearby schools including Sherwood Elementary School, William H. Farquhar Middle School, and Sherwood High School.

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