NOT LISTED FOR SALE

505 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $585,140 - $652,000

3 Beds
2.5 Baths
2,400 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $405,000 $169 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,819/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Den
  • Colonial Architecture
  • Upgraded Countertops
  • 2 Car Attached Garage

About This Home

As of May 2013

Must see this beautiful brick front 4 levels townhouse. Motivated seller. Open house special offer for 3/30. Luxurious master bedroom with sitting place, gourmet kitchen,granite counter top, hardwood floor, lots of storage, deck, 2 car garage and more parking on the street. Appointment only.

Last Agent to Sell the Property

Aimee Song

(301) 439-9500 4soldamy@gmail.com Fairfax Realty Premier Listed on: 03/26/2013

Fairfax Realty Premier

Last Buyer's Agent

Rex Thomas

(240) 593-7680 rexthomas97@gmail.com Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 2007

Lot Details

  • 1,057 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 160903584232
  • $550 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,504

Year Built

Built in 2007

Lot Details

0

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven - Wall, Washer
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Upgraded Countertops, Master Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 172.92
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 127.37
  • 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: 121.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 219300.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 1057
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1057.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14106828
  • Tax Annual Amount: 4504.37
  • Assessor Parcel Number: 160903584232
  • Tax Lot: 138
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/22/2013

Multi Family

  • Front Foot Fee: 550.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 22, 2013
Sold by
Shin Marc L
Bought by
Selvanathan Saravana P and Dhakshnamoorthy Jothy
Seller's Agent
Aimee Song
Fairfax Realty Premier
Buyer's Agent
Rex Thomas
Samson Properties
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$608,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,285
Avg. Annual Appreciation
3.42%
Original Mortgage
$364,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Selvanathan Saravana P $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhakshnamoorthy Jothy $250,000
Open Dhakshnamoorthy Jothy $3,000,000
Closed Selvanathan Saravana P $364,500
Previous Owner Shin Marc L $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2013 05/22/13 Sold $405,000 -2.4% $169 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $415,000 -- $173 / 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 $5,831 $463,667 -- --
2024 $5,831 $429,833 $0 $0
2023 $4,663 $396,000 $150,000 $246,000
2022 $4,535 $396,000 $150,000 $246,000
2021 $4,532 $396,000 $150,000 $246,000
2020 $4,532 $396,200 $150,000 $246,200
2019 $4,460 $391,833 $0 $0
2018 $4,417 $387,467 $0 $0
2017 $4,423 $383,100 $0 $0
2016 -- $368,500 $0 $0
2015 $4,720 $353,900 $0 $0
2014 $4,720 $339,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003404772

Bright MLS

APN: 09-03584232