NOT LISTED FOR SALE

525 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $580,816 - $640,000

4 Beds
3.5 Baths
2,700 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $525,000 $194 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,811/month

Highlights

  • Fitness Center
  • Colonial Architecture
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • Ceiling height of 9 feet or more

About This Home

As of January 2022

Come and get it! This stunning 4-level End-unit Townhouse with the best of everything waiting for you to call it home. Natural sunlight glimmers throughout this End-unit Townhouse with extra windows, an open floor plan and high ceilings. A gourmet spacious kitchen with all stainless-steel appliances and double wall ovens that will satisfy any chef. A bright morning/sitting room with access to the balcony that beckons to be reclined on while providing 2 extra storage rooms on either side of the balcony. Each bedroom is genuinely sizeable and unique to this house each bedroom has an en-suite bath and spacious closets while the primary bedroom at 2nd level is graced with a tray ceiling, his/her walk-in closets and a modern upgraded en-suit bath with double vanity, soaking tub and a separate shower. The spacious laundry room is also conveniently located at the 2nd upper level while the entry level offers an additional private den with French doors ideal to call it as a quiet home-office for working from home. The house boasts a spacious 2 car garage with additional 2 covered spots right outside the garage and with plenty of street parking spots. This brick home also comes with numerous updates including new carpet, fresh interior paint, kitchen appliances, refinished hardwood, light fixtures and more. While being in a close proximity to major train stations, commuter routes, I-95 and major grocery, apparel stores in a 1-mile radius, this neighborhood also offers a lot of privacy & serenity with many walking/biking trails and tot lots. Numerous community amenities with a clubhouse, pool and a gym leaves nothing to be missed out on. Schedule your tour today to explore more!

Last Agent to Rent the Property

Justin Lanciault

(202) 938-0228 elbonsivad@aol.com Samson Properties License #SP200203015 Listed on: 01/18/2022

Samson Properties

Last Renter's Agent

Pei-wen Chang

(301) 263-6307 team@northgaterealty.com Northgate Realty, LLC License #0225258365

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 1,550 Sq Ft Lot
  • Landscaped

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

  • Strawberry Knoll Elementary School
  • Gaithersburg Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,000
  • 12-Month Min and 24-Month Max Lease Term
  • Available 2/1/22
  • Assessor Parcel Number 160903584185

Community Details

Overview

  • Association fees include insurance, pool(s), common area maintenance
  • Hidden Creek Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

1,550 Sq Ft Lot

HOA Fees

$102 per month

Parking

2

Rental Info

  • Date Available: 2022-02-01
  • Pets: Breed Restrictions, Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3000.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Exhaust Fan
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Breakfast Area, Primary Bath(s), Recessed Lighting, Pantry, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Soaking Tub, Stall Shower, Ceiling Fan(s)
  • Window Features: Double Pane, Screens, Vinyl Clad
  • Fireplace: No
  • Door Features: French, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High, Tray Ceilings
  • Foundation Details: Permanent, Other, Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Laundry
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 1.25
  • 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

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Upper Level 3 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Sidewalks
  • 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 - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 102.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Common Grounds, Tot Lots/Playground, Jog/Walk Path, Community Center, Fitness Center
  • HOA Condo Co-Op Fee Includes: Insurance, Pool(s), Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STRAWBERRY KNOLL
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Lot Info

  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Outdoor Living Structures: Balcony
  • Zoning: MXD

Tax Info

  • Assessor Parcel Number: 14106823
  • Assessor Parcel Number: 160903584185

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 4, 2021
Sold by
Rush Joel C and Rush Kelly M
Bought by
Singh Bikramjit
Seller's Agent
RJ Soni
Northrop Realty
Buyer's Agent
Justin Lanciault
Samson Properties
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Current Estimated Value
$610,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,454
Avg. Annual Appreciation
3.50%
Original Mortgage
$420,000
Outstanding Balance
$383,569
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$226,885

Purchase Details

Closed on
Jan 2, 2008
Sold by
M I Homes D C Inc
Bought by
Rush Joel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,760
Interest Rate
7.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 27, 2007
Sold by
M I Homes D C Inc
Bought by
Rush Joel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,760
Interest Rate
7.75%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Singh Bikramjit $525,000 Sage Title Group Llc
Rush Joel C $498,427 --
Rush Joel C $498,427 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Bikramjit $420,000
Previous Owner Rush Joel C $74,760
Previous Owner Rush Joel C $398,740
Previous Owner Rush Joel C $398,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Rented $3,000 0.0% --
01/26/2022 01/26/22 Under Contract -- -- --
01/18/2022 01/18/22 For Rent $3,000 0.0% --
11/04/2021 11/04/21 Sold $525,000 +1.9% $194 / Sq Ft View Prior Sale
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $515,000 0.0% $191 / Sq Ft
10/05/2021 10/05/21 Price Changed $515,000 0.0% $191 / Sq Ft
04/15/2015 04/15/15 Rented $2,600 0.0% --
04/15/2015 04/15/15 Under Contract -- -- --
03/04/2015 03/04/15 For Rent $2,600 -- --
Source: Bright MLS

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 $5,971 $469,700 -- --
2024 $5,971 $440,600 $0 $0
2023 $5,556 $411,500 $150,000 $261,500
2022 $5,359 $406,467 $0 $0
2021 $9,250 $401,433 $0 $0
2020 $9,069 $396,400 $150,000 $246,400
2019 $4,385 $385,867 $0 $0
2018 $4,777 $375,333 $0 $0
2017 $4,196 $364,800 $0 $0
2016 $4,877 $359,400 $0 $0
2015 $4,877 $354,000 $0 $0
2014 $4,877 $348,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2032296

Bright MLS

APN: 09-03584185

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