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2 Cedar Ave; Gaithersburg, MD Property Details

2 Cedar Ave, Gaithersburg, MD is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 2 Cedar Ave has 5 bedrooms, and 2 bathrooms, and a total of 2,388 square feet. The lot size of 2 Cedar Ave is 10,920 square feet.

Off market
2 Cedar Ave Gaithersburg, MD 20877
$485,000 Listing Price
5 Beds
2 Baths
2,388 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $485,000
  • Open Loans / Balance: 1 / $367,336
  • Est. Equity / %: $236,664 / 39.18%
  • Gross Yield: 5.913%
  • APN: 09-00841206
  • Situs County: Montgomery
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 2,388/SqFt
  • Lot: 10,920/SqFt
  • Gross: 2,388/SqFt
  • Living: 2,388/SqFt
  • Building: 2,388/SqFt
  • Ground: 1,194/SqFt
  • Price Per Square Foot: $203.10

Legal Description

  • Description: PT 72 OBSERVATORY HG TS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.13942 / -77.19719
  • Subdivision: Observatory Heights
  • Property Class: Residential
  • Zoning: R90
  • County Use Code: 111

Amenities

  • Plus Four: 1961
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2 Cedar Ave has no associated ownership info
2 Cedar Ave has no associated ownership info.

Taxes

2 Cedar Ave has 10 associated Taxes items

2 Cedar Ave, Gaithersburg, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $528,100. The APN we've located for 2 Cedar Ave is 09-00841206.

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Taxes
  • Assessed Value:  $528,100
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  09-00841206
  • Assessed Land Value:  196300
  • Market Land Value:  196300
  • Tax Amount:  6901.14
  • Tax Year:  2025
  • Market Value:  528100
  • Market Year:  2026

Tax History

2 Cedar Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $528,100 Land Value $196,300 Improvement Value $331,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,901.14 Change Rate +0.094333% Assessed CR Tax Rate
Year 2024 Assessed Value $445,633 Land Value Improvement Value Tax Amount $6,306.25 Change Rate -0.018143% Assessed CR Tax Rate +0.014151%
Year 2023 Assessed Value $404,400 Land Value $196,300 Improvement Value $208,100 Tax Amount $6,422.78 Change Rate +0.322169% Assessed CR Tax Rate +0.015882%
Year 2022 Assessed Value $400,667 Land Value Improvement Value Tax Amount $4,857.76 Change Rate -0.549301% Assessed CR Tax Rate +0.012124%
Year 2021 Assessed Value $396,933 Land Value Improvement Value Tax Amount $10,778.28 Change Rate +1.027792% Assessed CR Tax Rate +0.027154%
Year 2020 Assessed Value $393,200 Land Value $196,300 Improvement Value $196,900 Tax Amount $5,315.28 Change Rate -0.483621% Assessed CR Tax Rate +0.013518%
Year 2019 Assessed Value $381,200 Land Value Improvement Value Tax Amount $10,293.36 Change Rate +1.190631% Assessed CR Tax Rate +0.027003%
Year 2018 Assessed Value $369,200 Land Value Improvement Value Tax Amount $4,698.81 Change Rate +0.006395% Assessed CR Tax Rate +0.012727%
Year 2017 Assessed Value $357,200 Land Value Improvement Value Tax Amount $4,668.95 Change Rate Assessed CR Tax Rate +0.013071%
Year 2016 Assessed Value $346,633 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $336,067 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $325,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,418.67 Change Rate Assessed CR Tax Rate