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529 Cedar Spring Street

529 Cedar Spring Street, Gaithersburg, MD 20877
Property in Montgomery
Sold Nov 04, 2021
$485,000
$486,000 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2052
Sold Sep 13, 2007
$480,716
$250,000 by Provident Funding Group Inc
Mortgage Due Jul 01, 2022
529 Cedar Spring Street in Gaithersburg, MD was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 3 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 529 Cedar Spring Street has 2,700 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 300 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,550 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage underground or in the basement. The garage is 460 sqft. There are a total of 2 available parking spaces. 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 brick. 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 forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 529 Cedar Spring Street was last sold in Jun 11, 2021 for $485,000. According to our calculations, that's $202.08 per sqft. Prior to that sales transaction, the property was sold for $480,716 in Jun 29, 2007. Current property owners are expected to pay $5,001 in taxes per year. The property on 529 Cedar Spring Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $422,100. To break that down further, the land itself was valued at $150,000. While improvements to the property were assessed at a total of $272,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Garage Type: Underground/basement
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,550
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN CREEK
  • Land Acres: 0.036
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: HIDDEN CREEK

Ownership

  • Current Owner : TORRES SANCHEZ GUSTAVO A
  • Previous Owner : CHIANG TED TEHHSIEN
  • Previous Owner 2: CHUNG JANE LIANG
  • Owner Before Previous Owner: M I HOMES D C INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700726

Zoning

  • Zoning: MXD

Geography

  • Assessors Map Reference: FT52
  • Account Number: 03584174
  • District: 09
  • Parcel: 09-03584174
  • Block: M
  • Lot: 132
  • Municipality: GAITHERSBURG
  • Latitude: 39.1519
  • Longitude: -77.1901

    Address

  • Full Address: 529 Cedar Spring St
  • Address - House Number: 529
  • Address - Street Name: Cedar Spring
  • Address - Suffix Type: St
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C024
  • 4-Digit Zip Code: 3333
  • Zip Code: 20877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,001
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 606,321
  • High Value: 700,250
  • Low Value: 512,391

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $486,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $422,100
  • Market Land Value: $150,000
  • Market Improvement Value: $272,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,100
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $272,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11866147480
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 13, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $480,716
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $485,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Sep 13, 2007
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2022

About Gaithersburg



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Frequently Asked Questions

What neighborhood is 529 Cedar Spring Street located in?
The 529 Cedar Spring Street is a located in the neighborhood of Montgomery in Gaithersburg, Gaithersburg.
What is the average sales price for listings in 529 Cedar Spring Street?
The average sales price for units in 529 Cedar Spring Street is $0 currently.

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