NOT LISTED FOR SALE

541 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $586,443 - $654,000

4 Beds
2.5 Baths
2,400 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 09, 2016

Last sale price $415,000 $173 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,858/month

Highlights

  • Eat-In Gourmet Kitchen
  • Clubhouse
  • Loft
  • Open Floorplan
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of July 2016

MUST SEE!!! Like New! Freshly painted, new carpet, UPGR Kitchen & BA*4BR & 2.5 BA*HRDWD Floors*Eat-in Kitchen w/ SS Appliances, Granite CNTP & Large bar-top island*Master suite on its own level*Master BA has sep shower, sep water closet & soaking tub*Lots of natural light*Fitness center, club house, pool, BBQ & picnic area, media theatre*Close to shopping center, metro & MARC trains & I-270.

Last Agent to Sell the Property

Janet Gresh

(703) 646-1750 janet@simplyyourbestmove.com Keller Williams Realty Listed on: 09/10/2015

Keller Williams Realty

Last Buyer's Agent

Tolga Alper

(703) 835-5881 tolga@kw.com Real Broker, LLC License #0225211460

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,548

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

  • $122 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Living Room
  • Dining Area
  • Loft
  • Finished Basement
  • Front Basement Entry

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 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
  • Public Septic

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 160903584141

Community Details

Overview

  • Association fees include trash, common area maintenance, snow removal, lawn maintenance
  • Hidden Creek Subdivision
  • The community has rules related to covenants

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,548

Year Built

Built in 2007

Lot Details

0

HOA Fees

$122 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2007
  • Remarks Public: MUST SEE!!! Like New! Freshly painted, new carpet, UPGR Kitchen & BA*4BR & 2.5 BA*HRDWD Floors*Eat-in Kitchen w/ SS Appliances, Granite CNTP & Large bar-top island*Master suite on its own level*Master BA has sep shower, sep water closet & soaking tub*Lots of natural light*Fitness center, club house, pool, BBQ & picnic area, media theatre*Close to shopping center, metro & MARC trains & I-270.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Washer, Microwave, Dishwasher, Disposal, Refrigerator, Icemaker, Oven - Wall, Cooktop - Down Draft, Oven - Double
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Crown Moldings, Upgraded Countertops, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Lower Floor
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Loft
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 170.42
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • 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: Brick
  • Pool Private: No
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 107.60
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 122.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Club House, Bike Trail, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Common Area Maintenance, Snow Removal, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 216600.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 1057
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1057.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14106819
  • Tax Annual Amount: 4548.14
  • Assessor Parcel Number: 160903584141
  • Tax Lot: 129
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 07/09/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jul 8, 2016
Sold by
Potomac Investment Enterprises Llc
Bought by
Naim Masooda and Naim Ali
Seller's Agent
Janet Gresh
Keller Williams Realty
Buyer's Agent
Tolga Alper
Real Broker, LLC
List Price
$409,000
Sold Price
$415,000
Premium/Discount to List
$6,000
1.47%
Current Estimated Value
$613,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,111
Avg. Annual Appreciation
4.43%
Original Mortgage
$394,250
Outstanding Balance
$315,778
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$302,656

Purchase Details

Closed on
Oct 6, 2014
Sold by
Ezirike Mildred N and Achonua Azubuike
Bought by
Potomac Investment Enterprise Llc

Purchase Details

Closed on
Aug 28, 2007
Sold by
M I Homes D C Inc
Bought by
Ezirike Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,805
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
M I Homes D C Inc
Bought by
Ezirike Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,805
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Naim Masooda $415,000 Champion Title & Settlements
Potomac Investment Enterprise Llc $331,000 None Available
Ezirike Mildred $446,805 --
Ezirike Mildred $446,805 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naim Masooda $394,250
Previous Owner Ezirike Mildred N $370,400
Previous Owner Ezirike Mildred N $69,450
Previous Owner Ezirike Mildred $446,805
Previous Owner Ezirike Mildred $446,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2016 07/09/16 Sold $415,000 +1.5% $173 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $409,000 -1.4% $170 / Sq Ft
04/11/2016 04/11/16 Off Market $415,000 -- --
03/18/2016 03/18/16 Price Changed $409,000 0.0% $170 / Sq Ft
03/18/2016 03/18/16 For Sale $409,000 -1.4% $170 / Sq Ft
03/18/2016 03/18/16 Off Market $415,000 -- --
09/10/2015 09/10/15 For Sale $405,000 -- $169 / 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 $5,980 $476,500 -- --
2024 $5,980 $441,300 $0 $0
2023 $5,486 $406,100 $150,000 $256,100
2022 $5,355 $406,100 $150,000 $256,100
2021 $4,659 $406,100 $150,000 $256,100
2020 $4,659 $406,300 $150,000 $256,300
2019 $4,581 $401,400 $0 $0
2018 $4,532 $396,500 $0 $0
2017 $4,533 $391,600 $0 $0
2016 -- $375,633 $0 $0
2015 $4,748 $359,667 $0 $0
2014 $4,748 $343,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002372613

Bright MLS

APN: 09-03584141