NOT LISTED FOR SALE

331 Reserve Gate Terrace Silver Spring, MD 20905

Ashton-Sandy Spring Neighborhood

Estimated Value: $1,187,000 - $1,333,000

4 Beds
6 Baths
4,405 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $747,350 $170 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,793/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • 3 Car Attached Garage
  • Sherwood Elementary School Rated A
  • 1 Fireplace
  • Central Air

About This Home

As of March 2016

Trustee sale sold "AS IS," exempt from all disclosures of any kind WHATSOEVER. Attached Addendum MUST be included with offer, as well as Buyer financial statement, lender Prequal letter, and proof of funds. No FHA or VA contracts. Can be shown beginning February 10th - M, T, W, Thurs, Sat, Sun. all at 10AM - 5PM. NO OTHER TIMES - NO OTHER TIMES. Any difficulties, phone me.

Last Agent to Sell the Property

Murray Gould

(301) 674-3668 murgo1234@verizon.net Gould Properties, LLC Listed on: 10/13/2014

Last Buyer's Agent

Nancy Meyerdirk

(301) 346-3431 Nancy@urbanbrokers.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,376

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Property is zoned RNC

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Eat-In Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Olney Outside Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160803396575

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,376

Year Built

Built in 2005

Lot Details

0

HOA Fees

$120 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2005
  • Remarks Public: Trustee sale sold "AS IS," exempt from all disclosures of any kind WHATSOEVER. Attached Addendum MUST be included with offer, as well as Buyer financial statement, lender Prequal letter, and proof of funds. No FHA or VA contracts. Can be shown beginning February 10th - M, T, W, Thurs, Sat, Sun. all at 10AM - 5PM. NO OTHER TIMES - NO OTHER TIMES. Any difficulties, phone me.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Table Space, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Improved, Fully Finished, Daylight, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 331

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Construction Completed: No
  • 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: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 547100.00
  • Land Assessed Value: 255200.00
  • Lot Size Acres: 0.38
  • Lot Size Area: 16764
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16764.00
  • Year Assessed: 2014
  • Zoning: RNC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13810551
  • Tax Annual Amount: 9376.31
  • Assessor Parcel Number: 160803396575
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 4405
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/01/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Feb 29, 2016
Sold by
Baddeliyange Sunil M
Bought by
Quintero Suzanne M and Quintero Richard P
Seller's Agent
Murray Gould
Gould Properties, LLC
Buyer's Agent
Nancy Meyerdirk
CENTURY 21 New Millennium
List Price
$675,000
Sold Price
$747,350
Premium/Discount to List
$72,350
10.72%
Current Estimated Value
$1,259,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,682
Avg. Annual Appreciation
5.57%
Original Mortgage
$548,000
Outstanding Balance
$435,747
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$823,285

Purchase Details

Closed on
Jul 5, 2005
Sold by
Mtr L & Llc
Bought by
Baddeliyanage Mendis Susitha V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,400
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
O'Connell John M
Bought by
Mtr Land Llc
Source: Public Records

Range of Values:

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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
Quintero Suzanne M $747,350 First American Title Ins Co
Baddeliyanage Mendis Susitha V $1,153,000 --
Mtr Land Llc $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Suzanne M $548,000
Previous Owner Baddeliyanage Mendis Susitha V $922,400
Previous Owner Baddeliyanage Mendis Susitha V $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $747,350 +10.7% $170 / Sq Ft
09/16/2015 09/16/15 Price Changed $675,000 0.0% $153 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $675,000 -- $153 / 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 $11,893 $1,038,500 -- --
2024 $11,893 $982,400 $0 $0
2023 $11,910 $926,300 $255,200 $671,100
2022 $9,914 $913,333 $0 $0
2021 $9,536 $900,367 $0 $0
2020 $9,536 $887,400 $255,200 $632,200
2019 $9,515 $887,400 $255,200 $632,200
2018 $9,525 $887,400 $255,200 $632,200
2017 $10,251 $936,000 $0 $0
2016 -- $891,433 $0 $0
2015 $10,080 $846,867 $0 $0
2014 $10,080 $802,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Murray Gould

    Gould Properties, LLC

    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Meyerdirk

    Century 21 New Millennium

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003229740

Bright MLS

APN: 08-03396575

Maryland Montgomery County Silver Spring 20905 Ashton-Sandy Spring

331 Reserve Gate Terrace, Silver Spring, MD

This home is located at 331 Reserve Gate Terrace, Silver Spring, MD 20905 since 13 October 2014 and is currently estimated at $1,259,032, approximately $285 per square foot. This property was built in 2005. 331 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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