$532,500
SOLD DEC 15, 2021 RENTED AUG 10, 2025

581 Cedar Spring St Gaithersburg, MD 20877

3 Beds
2.5 Baths
2,700 Sq Ft
$123/mo HOA Fee

Recently Sold

$197 Per Sq Ft

2% Below List Price

Highlights

  • Fitness Center
  • Scenic Views
  • Deck
  • Gourmet Kitchen
  • Open Floorplan
  • Transitional Architecture

About This Home

As of December 2021

Here's a Rare Opportunity to own an awesome Stone front, 4-level townhome, with ELEVATOR to all floors and Double Garage (plus 2 driveway parking spots) in welcoming neighborhood. New upgraded carpeting and freshly painted throughout, this home is in move-in condition for the buyer looking for a turn-key home. Enjoy so many other amenities that complement today's living style, including: Open floor plan with tremendous natural light from atrium windows and doors; Maple hardwood floors and 10' ceilings throughout the main level; gourmet kitchen with granite counters, stainless steel appliances, Maple cabinetry and center island; separate Dining area with bay window giving open view of amazing sunsets; large Living room (receives sparkling morning light) with upgraded crown molding, recessed lighting and atrium door to deck. The third level comprises the whole Primary Bedroom Suite with tray ceiling, 2 walk-in closets, sitting/reading/media room and spa-like bathroom with soaking tub, stall shower, double vanity and compartmentalized commode area. The top level includes 2 more Bedrooms, each with a walk-in closet. Make one of these a second primary, with full adjacent bathroom. Charming garden and park area in front of home leads to lower level tiled entrance foyer, which could be den/home office. Lovely community center/clubhouse with meeting rooms, fully equipped exercise room and large pool for summer cool. Treed walk/jog trails along the creek, tot lots, plenty of parking spaces; convenient to shopping and public transportation. Professional photos to come.

Last Agent to Sell the Property

Sharon Mulholland

Mulholland Realty License #50414 Listed on: 11/18/2021

Last Buyer's Agent

Greg Ford

JPAR Preferred Properties License #0225074400

JPAR Preferred Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 2006

Lot Details

  • 1,191 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • On-Street Parking

Property Views

  • Scenic Vista
  • Garden

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • Atrium Windows
  • Window Screens
  • Atrium Doors
  • Six Panel Doors
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Dining Room

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 103
  • Assessor Parcel Number 160903517290

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, trash
  • 1 Elevator
  • Hidden Creek Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Meeting Room

Recreation

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

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,294

Year Built

Built in 2006

Lot Details

0

HOA Fees

$123 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional, Traditional
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-11-19
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Here's a Rare Opportunity to own an awesome Stone front, 4-level townhome, with ELEVATOR to all floors and Double Garage (plus 2 driveway parking spots) in welcoming neighborhood. New upgraded carpeting and freshly painted throughout, this home is in move-in condition for the buyer looking for a turn-key home. Enjoy so many other amenities that complement today's living style, including: Open floor plan with tremendous natural light from atrium windows and doors; Maple hardwood floors and 10' ceilings throughout the main level; gourmet kitchen with granite counters, stainless steel appliances, Maple cabinetry and center island; separate Dining area with bay window giving open view of amazing sunsets; large Living room (receives sparkling morning light) with upgraded crown molding, recessed lighting and atrium door to deck. The third level comprises the whole Primary Bedroom Suite with tray ceiling, 2 walk-in closets, sitting/reading/media room and spa-like bathroom with soaking tub, stall shower, double vanity and compartmentalized commode area. The top level includes 2 more Bedrooms, each with a walk-in closet. Make one of these a second primary, with full adjacent bathroom. Charming garden and park area in front of home leads to lower level tiled entrance foyer, which could be den/home office. Lovely community center/clubhouse with meeting rooms, fully equipped exercise room and large pool for summer cool. Treed walk/jog trails along the creek, tot lots, plenty of parking spaces; convenient to shopping and public transportation. Professional photos to come.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Oven - Double, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Crown Moldings, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Atrium, Double Pane, Palladian, Screens
  • Fireplace: No
  • Door Features: Six Panel, Atrium
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bathroom 1, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor, Has Laundry
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 201.85
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 581

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • 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: Stone, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Metal, Shingle
  • View: Garden/Lawn, Scenic Vista
  • 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: Asphalt Driveway
  • Garage Features: Built In, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 123.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fitness Center, Jog/Walk Path, Meeting Room, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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: 258200.00
  • Land Assessed Value: 150000.00
  • Land Use Code: 011
  • Lot Features: Landscaping
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1191.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098412
  • Tax Annual Amount: 5294.00
  • Assessor Parcel Number: 160903517290
  • Tax Lot: 103
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/15/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Dec 15, 2021
Sold by
Read Joslyn and Bonard Michel
Bought by
Bindra Harvinder Singh and Bindra Bindu
Seller's Agent
Greg Ford
JPAR Preferred Properties
Buyer's Agent
Denise Melanson
Long & Foster Real Estate, Inc.
Sold Price
$3,000
Current Estimated Value
$614,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,978
Avg. Annual Appreciation
4.14%
Original Mortgage
$399,375
Outstanding Balance
$315,934
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$303,775

Purchase Details

Closed on
May 8, 2013
Sold by
Read Joslyn
Bought by
Read Joslyn and Bonard Michel

Purchase Details

Closed on
Feb 20, 2007
Sold by
Mi Homes Dc Inc
Bought by
Read Joslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2006
Sold by
Mi Homes Dc Inc
Bought by
Read Joslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.18%
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 Type Sale Price Title Company
Deed $532,500 Flynn Title
Interfamily Deed Transfer -- None Available
Deed $550,000 --
Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,375 New Conventional
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $440,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Rented $3,200 0.0% --
08/06/2025 08/06/25 Under Contract -- -- --
07/21/2025 07/21/25 Price Changed $3,200 -5.9% $1 / Sq Ft
07/01/2025 07/01/25 For Rent $3,400 +6.3% --
07/27/2023 07/27/23 Rented $3,200 +6.7% --
07/17/2023 07/17/23 Under Contract -- -- --
07/07/2023 07/07/23 Price Changed $3,000 -6.3% $1 / Sq Ft
07/02/2023 07/02/23 For Rent $3,200 +6.7% --
01/29/2022 01/29/22 Rented $3,000 0.0% --
01/07/2022 01/07/22 Under Contract -- -- --
12/17/2021 12/17/21 For Rent $3,000 0.0% --
12/15/2021 12/15/21 Sold $532,500 -2.3% $197 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $545,000 -- $202 / 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 $6,139 $498,800 -- --
2024 $6,139 $453,500 $0 $0
2023 $0 $408,200 $150,000 $258,200
2022 $5,381 $408,200 $150,000 $258,200
2021 $4,711 $408,200 $150,000 $258,200
2020 $9,375 $408,500 $150,000 $258,500
2019 $4,602 $403,067 $0 $0
2018 $4,546 $397,633 $0 $0
2017 $4,417 $392,200 $0 $0
2016 $4,803 $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: MDMC2000857

Bright MLS

APN: 09-03517290