NOT LISTED FOR SALE

577 Cedar Spring St Gaithersburg, MD 20877

Estimated Value: $583,929 - $652,000

3 Beds
2.5 Baths
2,400 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $409,000 $170 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,841/month

Highlights

  • Colonial Architecture
  • Brick Front
  • Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Gorgeous brick front Colonial townhouse in Hidden Creek community prime location. Walking distance to shopping, minutes to MARC and Metro stations. Move in ready with fresh paint, new carpet, garage door & more. Features include wood floors in main, upper level & master bedroom, table space kitchen w/ island, French doors to rear deck & two car garage. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 04/04/2016

Last Buyer's Agent

David Pridgen

(410) 701-0299 info@digsbydave.com Realty ONE Group Excellence License #522896

Realty ONE Group Excellence

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,751

Year Built

  • Built in 2006

Lot Details

  • 1,191 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Rear Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • Garage
  • Side Facing Garage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • Hidden Creek Subdivision

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 160903517302

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,751

Year Built

Built in 2006

Lot Details

0

HOA Fees

$122 per month

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
  • Year Built: 2006
  • Remarks Public: Gorgeous brick front Colonial townhouse in Hidden Creek community prime location. Walking distance to shopping, minutes to MARC and Metro stations. Move in ready with fresh paint, new carpet, garage door & more. Features include wood floors in main, upper level & master bedroom, table space kitchen w/ island, French doors to rear deck & two car garage. This is a Fannie Mae HomePath property.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Living Area Units: Square Feet
  • Street Number Modifier: 577

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, Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry

Utilities

  • Refuse: 119.88
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 122.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • 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

Lot Info

  • Improvement Assessed Value: 217200.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1191
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1191.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098413
  • Tax Annual Amount: 4750.60
  • Assessor Parcel Number: 160903517302
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/30/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 28, 2016
Sold by
Fannie Mae
Bought by
Wyatt Shelley Janine
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
David Pridgen
Realty ONE Group Excellence
List Price
$409,900
Sold Price
$409,000
Premium/Discount to List
-$900
-0.22%
Current Estimated Value
$610,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,232
Avg. Annual Appreciation
4.40%
Original Mortgage
$401,591
Outstanding Balance
$322,766
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$285,887

Purchase Details

Closed on
Apr 6, 2007
Sold by
Mi Homes Dc Inc
Bought by
Rhim Seoung T and An Allison S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,350
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Mi Homes Dc Inc
Bought by
Rhim Seoung T and An Allison S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,350
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Wyatt Shelley Janine $409,000 Castle Title Llc
Rhim Seoung T $459,210 --
Rhim Seoung T $459,210 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyatt Shelley Janine $13,022
Open Wyatt Shelley Janine $401,591
Previous Owner Rhim Seoung T $367,350
Previous Owner Rhim Seoung T $367,350
Previous Owner Rhim Seoung T $91,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $409,000 -0.2% $170 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $409,900 -- $171 / 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 $5,951 $473,967 -- --
2024 $5,951 $439,033 $0 $0
2023 $6,152 $404,100 $150,000 $254,100
2022 $4,637 $404,100 $150,000 $254,100
2021 $4,634 $404,100 $150,000 $254,100
2020 $4,634 $404,300 $150,000 $254,300
2019 $4,567 $400,267 $0 $0
2018 $4,528 $396,233 $0 $0
2017 $4,541 $392,200 $0 $0
2016 -- $376,267 $0 $0
2015 $4,803 $360,333 $0 $0
2014 $4,803 $344,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002416431

Bright MLS

APN: 09-03517302