NOT LISTED FOR SALE

7 Cedar Ave Gaithersburg, MD 20877

Estimated Value: $617,807 - $643,000

4 Beds
3 Baths
2,766 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $560,000 $202 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,757/month

2 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Main Floor Bedroom
  • 0.24 Acre Lot
  • Wood Flooring
  • Terrace

About This Home

As of November 2022

Absolutely Incredible, Spacious Porch-Front Bungalow with Tons of Character and an Amazing Back Yard, located Walkable to Restaurants, Parks and Much More!

Main Level features Hardwood Floors, Gorgeous Foyer leading to Living Room with with Wood Burning Fireplace and Tons of Windows, Renovated Gourmet Kitchen with White Shaker 42" Cabinets, Black Granite, Backsplash, French Door Refrigerator, Range with Double Oven, and Farmhouse Sink. The Kitchen Leads to The Dining Room and Continues to the Main Level Bedroom and Full Bath, as well as Main Level Office!

Upper Level features Expansive Owners Suite with a Private Staircase, Lots of Closet Space and Upgraded Owner's Bath with Soaking Tub, Wainscoting, Dual Vanity, and Custom Tile. Main Level Continues to Two Additional Generously-Sized Bedrooms and Full Hall Bath.

The Lower Level features a Rec Room, Lots of Storage and Laundry!

On the Exterior, you will find an Amazing, Flat, Fully-Fenced Back Yard, perfect for Family Get Togethers, A Spacious Pavered Patio with Stone wall Perfect for Outdoor Dining and Grilling, and a Renovated Outbuilding which some may use as a 2nd Home Office!

Located just a Short Stroll to Restaurants, Shops, 3 Playgrounds and Parks! Open House Sunday 10/30, 1-3PM.

Last Agent to Sell the Property

Alex Goumilevski

(240) 401-9142 alexcgri@gmail.com RE/MAX Realty Services Listed on: 10/28/2022

RE/MAX Realty Services

Last Buyer's Agent

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1931

Lot Details

  • 10,526 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Hung Windows
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Terrace
  • Porch

Location

  • Suburban Location

Schools

  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Central Air
  • Radiator
  • Electric Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Observatory Heights Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 160900841230

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-28
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/Range - Electric, Oven - Double
  • Flooring Type: Wood
  • Interior Amenities: Crown Moldings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Energy Efficient
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Brick/Mortar, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump
  • Basement Finished Percent: 80.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Washer In Unit, Dryer In Unit, Lower Floor
  • Total Sq Ft: 3162
  • Living Area Sq Ft: 2766
  • Price Per Sq Ft: 264.45
  • Above Grade Finished Sq Ft: 1966
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 396
  • Total Below Grade Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Wood
  • Improvement Assessed Value: 128300.00
  • Land Assessed Value: 195500.00
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10526.00
  • Outdoor Living Structures: Porch(es), Patio(s), Terrace
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13943453
  • Tax Annual Amount: 4457.00
  • Assessor Parcel Number: 160900841230
  • Tax Lot: 61
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Nov 18, 2022
Sold by
Ruark Christopher Sean
Bought by
Wyble John Thomas and Mcnulty Laura Elizabeth
Seller's Agent
Alex Goumilevski
RE/MAX Realty Services
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$519,900
Sold Price
$560,000
Premium/Discount to List
$40,100
7.71%
Views
18
Current Estimated Value
$634,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,202
Avg. Annual Appreciation
4.00%
Original Mortgage
$448,000
Outstanding Balance
$434,435
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$199,767

Purchase Details

Listed on
Aug 14, 2011
Closed on
Mar 19, 2012
Sold by
Brenner Karen A
Bought by
Ruark Christopher Sean and Shwalb Rebecca
Seller's Agent
Albert Hepp
BuySelf Incorporated
Buyer's Agent
William Miller
Northrop Realty
List Price
$378,000
Sold Price
$360,000
Premium/Discount to List
-$18,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$367,700
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Jun 13, 2003
Sold by
Napolitano Daniel C and Napolitano B K
Bought by
Brenner Karen A

Purchase Details

Closed on
Jun 25, 1999
Sold by
Chicchirichi David L
Bought by
Napolitano Daniel C and Napolitano B K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wyble John Thomas $560,000 --
Ruark Christopher Sean $360,000 Lakeview Title Company
Brenner Karen A $300,000 --
Napolitano Daniel C $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyble John Thomas $448,000
Previous Owner Ruark Christopher Sean $367,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $560,000 +7.7% $202 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $519,900 +44.4% $188 / Sq Ft
03/19/2012 03/19/12 Sold $360,000 -2.7% $154 / Sq Ft View Prior Sale
01/14/2012 01/14/12 Pending -- -- --
11/09/2011 11/09/11 Price Changed $369,900 -2.1% $158 / Sq Ft
08/14/2011 08/14/11 For Sale $378,000 -- $162 / 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 $5,565 $465,200 -- --
2024 $5,565 $394,500 $0 $0
2023 $1,629 $323,800 $195,500 $128,300
2022 $4,024 $319,467 $0 $0
2021 $3,727 $315,133 $0 $0
2020 $3,616 $310,800 $195,500 $115,300
2019 $3,596 $310,800 $195,500 $115,300
2018 $3,587 $310,800 $195,500 $115,300
2017 $3,574 $314,100 $0 $0
2016 -- $303,533 $0 $0
2015 $4,037 $292,967 $0 $0
2014 $4,037 $282,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2074128

Bright MLS

APN: 09-00841230