NOT LISTED FOR SALE

569 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $581,325 - $646,000

3 Beds
2.5 Baths
2,400 Sq Ft
$252/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $420,000 $175 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,012/month

129 Days on Market

Highlights

  • Colonial Architecture
  • Upgraded Countertops
  • Eat-In Kitchen
  • Clubhouse
  • Community Pool
  • Picnic Area

About This Home

As of January 2017

Gorgeous luxury end unit town home available. Spacious interior with numerous upgrades including gourmet kitchen, wood floors, upgraded crown molding, updated baths and professionally organized closets. Light filled home with large bedrooms and bonus playroom/office on the 3rd floor. 2 car garage and driveway. Community clubhouse, pool, and parks. Close proximity to shops, dining, and metro.

Last Agent to Sell the Property

Monica Sharma

Wormald Realty, LLC. Listed on: 08/04/2016

Last Buyer's Agent

Bing-Sing Wang

Samson Properties License #576716

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 2006

Lot Details

  • 2,025 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 160903517324

Community Details

Overview

  • Association fees include lawn maintenance, insurance, management, pool(s), snow removal, trash
  • Hidden Creek Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,717

Year Built

Built in 2006

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Remarks Public: Gorgeous luxury end unit town home available. Spacious interior with numerous upgrades including gourmet kitchen, wood floors, upgraded crown molding, updated baths and professionally organized closets. Light filled home with large bedrooms and bonus playroom/office on the 3rd floor. 2 car garage and driveway. Community clubhouse, pool, and parks. Close proximity to shops, dining, and metro.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Upgraded Countertops, Primary Bath(s)
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 569

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

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 119.88
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 132.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Party Room, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: STRAWBERRY KNOLL
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • Elementary School: STRAWBERRY KNOLL
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 193000.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2025
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2025.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098397
  • Tax Annual Amount: 4717.48
  • Assessor Parcel Number: 160903517324
  • Tax Lot: 106
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 01/05/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Jan 5, 2017
Sold by
Wolfington Julie L and Wolfington Richard W
Bought by
Gao Renlu and Chen Qingwen
Seller's Agent
Monica Sharma
Wormald Realty, LLC.
Buyer's Agent
Bing-Sing Wang
Samson Properties
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Total Days on Market
129
Current Estimated Value
$605,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,331
Avg. Annual Appreciation
4.42%
Original Mortgage
$3,000,000
Outstanding Balance
$2,515,601
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
-$1,910,270

Purchase Details

Closed on
Apr 6, 2007
Sold by
Mi Homes Dc Inc
Bought by
Wolfington Richard W and Wolfington Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,381
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 2007
Sold by
Mi Homes Dc Inc
Bought by
Wolfington Richard W and Wolfington Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,350
Interest Rate
6.24%
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
Gao Renlu $420,000 Heritage Title Co Inc
Wolfington Richard W $489,210 --
Wolfington Richard W $489,210 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Renlu $274,250
Closed Gao Yiliang $286,000
Open Gao Renlu $3,000,000
Previous Owner Wolfington Richard W $394,250
Previous Owner Wolfington Richard W $73,381
Previous Owner Wolfington Richard W $391,350
Previous Owner Wolfington Richard W $391,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2017 01/05/17 Sold $420,000 -2.1% $175 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
12/04/2016 12/04/16 For Sale $429,000 +2.1% $179 / Sq Ft
11/20/2016 11/20/16 Off Market $420,000 -- --
09/11/2016 09/11/16 For Sale $429,000 +2.1% $179 / Sq Ft
09/02/2016 09/02/16 Off Market $420,000 -- --
08/04/2016 08/04/16 For Sale $429,000 -- $179 / 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
2024 $5,978 $441,100 $0 $0
2023 $6,258 $412,300 $150,000 $262,300
2022 $4,677 $407,233 $0 $0
2021 $4,543 $402,167 $0 $0
2020 $4,543 $397,100 $150,000 $247,100
2019 $4,404 $387,400 $0 $0
2018 $4,292 $377,700 $0 $0
2017 $4,228 $368,000 $0 $0
2016 -- $362,867 $0 $0
2015 $4,939 $357,733 $0 $0
2014 $4,939 $352,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002450609

Bright MLS

APN: 09-03517324