NOT LISTED FOR SALE

509 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $620,120 - $656,000

5 Beds
3.5 Baths
2,700 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $500,000 $185 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,975/month

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of May 2021

This 4 bedrooms 3.5 bathrooms townhouse in the sought after Hidden Creek community offers an additional office space on the front door entry level, great for meeting your clients at your home office but away from your living space upstairs. The high ceilings throughout the main floor level has upgraded kitchen with island, breakfast bar, gas range, lots of cabinets space; a formal dining area and open living space next to bright windows and french door leading to the deck. Master bedroom on the third level has a spacious walk-in closet, separate bathtub and shower, double vanity, toilet with door. On the same level, with an additional bedroom. You will also enjoy the convenience of having washer and dryer on the same level with your master bedroom in this house. There are two spacious guest bedrooms on the fourth level, sharing a full bathroom with double vanity. This house also has a 2-car garage with additional 2-car parking space under the deck outside the garage door, besides the street parking in the community. You also will enjoy the community amenities including an outdoor pool, fitness center, walking/jogging path and playground. Mins to Metro, MARC train station, I270, I200, Gaithersburg old town area, shops and restaurants, malls along Rout 355.

Last Agent to Sell the Property

Zahid Abbasi

(703) 622-1974 zabbasi@remax.net RE/MAX Real Estate Connections License #0225082150 Listed on: 04/16/2021

RE/MAX Real Estate Connections

Last Buyer's Agent

Rebecca Huff

(301) 549-0904 beccahsellshomes@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 2007

Lot Details

  • 1,057 Sq Ft Lot

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Property has 4 Levels

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement Windows

Utilities

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

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 160903584221

Community Details

Overview

  • Hidden Creek Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,199

Year Built

Built in 2007

Lot Details

0

HOA Fees

$123 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-16
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: This 4 bedrooms 3.5 bathrooms townhouse in the sought after Hidden Creek community offers an additional office space on the front door entry level, great for meeting your clients at your home office but away from your living space upstairs. The high ceilings throughout the main floor level has upgraded kitchen with island, breakfast bar, gas range, lots of cabinets space; a formal dining area and open living space next to bright windows and french door leading to the deck. Master bedroom on the third level has a spacious walk-in closet, separate bathtub and shower, double vanity, toilet with door. On the same level, with an additional bedroom. You will also enjoy the convenience of having washer and dryer on the same level with your master bedroom in this house. There are two spacious guest bedrooms on the fourth level, sharing a full bathroom with double vanity. This house also has a 2-car garage with additional 2-car parking space under the deck outside the garage door, besides the street parking in the community. You also will enjoy the community amenities including an outdoor pool, fitness center, walking/jogging path and playground. Mins to Metro, MARC train station, I270, I200, Gaithersburg old town area, shops and restaurants, malls along Rout 355.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Outside Entrance, Walkout Level, Windows
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 208.33
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 128.54
  • 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: 123.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 249500.00
  • Land Assessed Value: 150000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1057.00
  • Year Assessed: 2021
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14106827
  • Tax Annual Amount: 5199.00
  • Assessor Parcel Number: 160903584221
  • Tax Lot: 137
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/20/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 21, 2021
Sold by
Falla Jorge A and Falla Norma E
Bought by
Mitsos Nicholas and Mitsos Olivia
Seller's Agent
Zahid Abbasi
RE/MAX Real Estate Connections
Buyer's Agent
Rebecca Huff
Long & Foster Real Estate, Inc.
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$636,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,030
Avg. Annual Appreciation
4.47%
Original Mortgage
$400,000
Outstanding Balance
$366,070
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$238,806

Purchase Details

Listed on
Dec 7, 2016
Closed on
Apr 14, 2017
Sold by
Falla Jorge A
Bought by
Falla Jorge A and Falla Norma E
Seller's Agent
Jim Roy
LuxManor Real Estate, Inc
Buyer's Agent
Vikas Goel
Fairfax Realty of Tysons
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$417,302
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 16, 2017
Sold by
Goffin Alexandra M and Bhati Avinash
Bought by
Falla Jorge A
Seller's Agent
Jim Roy
LuxManor Real Estate, Inc
Buyer's Agent
Vikas Goel
Fairfax Realty of Tysons
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
3.85%
Mortgage Type
FHA
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
Mitsos Nicholas $500,000 Rgs Title Llc
Falla Jorge A -- Strategic National Title Gro
Falla Jorge A $425,000 Strategic National Title Gro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitsos Nicholas $400,000
Previous Owner Falla Jorge A $417,302
Previous Owner Goffin Alexandra M $330,400
Previous Owner Bhati Avinash Singh $88,700
Previous Owner Goffigin Alexandra M $302,000
Previous Owner Bhati Avinash Singh $306,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $500,000 0.0% $185 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/24/2021 04/24/21 Price Changed $500,000 +1.0% $185 / Sq Ft
04/16/2021 04/16/21 For Sale $495,000 +16.5% $183 / Sq Ft
02/17/2017 02/17/17 Sold $425,000 0.0% $177 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $425,000 -- $177 / 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 $5,919 $473,700 -- --
2024 $5,919 $436,600 $0 $0
2023 $6,093 $399,500 $150,000 $249,500
2022 $4,579 $399,500 $150,000 $249,500
2021 $9,180 $399,500 $150,000 $249,500
2020 $4,576 $399,700 $150,000 $249,700
2019 $4,508 $395,600 $0 $0
2018 $4,468 $391,500 $0 $0
2017 $4,353 $387,400 $0 $0
2016 -- $371,367 $0 $0
2015 $4,720 $355,333 $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: MDMC753470

Bright MLS

APN: 09-03584221