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11 Cedar Avenue

11 Cedar Avenue, Gaithersburg, MD 20877
Property in Montgomery
Sold Aug 15, 2018
$620,900
$496,720 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2048
Sold Mar 10, 2016
$242,500
11 Cedar Avenue in Gaithersburg, MD was first built in 1947 and is 77 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 11 Cedar Avenue has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 630 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,502 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. The garage is 315 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Cedar Avenue sold most recently in Jul 1, 2018 for a total of $620,900. If you work out the math, that's approximately a cost of $243.59 per sqft. Before that, the property was also sold for $242,500 in Jan 29, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,138 in taxes each year. 11 Cedar Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $654,200. If we break it down further, the land itself was valued at $195,400. Improvements to the property, however, were assessed at a total of $458,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 630
  • Garage Type: Underground/basement
  • Garage Square Area: 315
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,502
  • Total Building Area: 2,549
  • Gross Building Area: 2,549
  • Building Area: 2,549
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OBSERVATORY
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OBSERVATORY HTS

Ownership

  • Current Owner : SURIN PATRICIA DYAN
  • Current Owner 2: SURIN ALASTAIR JAMES
  • Previous Owner : SALAZAR RUBEN
  • Previous Owner 2: PALACIOS JULIA
  • Owner Before Previous Owner: RITCIE LOIS I
  • Owner Before Previous Owner 2: RITCHIE BERLIN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700731

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FT51
  • Account Number: 00841797
  • District: 09
  • Parcel: 09-00841797
  • Lot: 59
  • Municipality: GAITHERSBURG
  • Latitude: 39.1389
  • Longitude: -77.1971

    Address

  • Full Address: 11 Cedar Ave
  • Address - House Number: 11
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C005
  • 4-Digit Zip Code: 1912
  • Zip Code: 20877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,138
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 818,560
  • High Value: 941,886
  • Low Value: 695,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,720
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 15, 2018
  • First Open Lien Mortgage Loan Amount: $496,720
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $654,200
  • Market Land Value: $195,400
  • Market Improvement Value: $458,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,200
  • Assessed Land Value: $195,400
  • Assessed Improvements Value: $458,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2018
  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Transaction ID: 11498558843
  • Current Sale Price: $620,900
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Mar 10, 2016
  • Previous Sale Contract Date: Jan 29, 2016
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 15, 2018
  • First Mortgage Loan Amount: $496,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About Gaithersburg



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Frequently Asked Questions

What neighborhood is 11 Cedar Avenue located in?
The 11 Cedar Avenue is a located in the neighborhood of Montgomery in Gaithersburg, Gaithersburg.
What is the average sales price for listings in 11 Cedar Avenue?
The average sales price for units in 11 Cedar Avenue is $0 currently.

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