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2501 N Gate Ter; Silver Spring, MD Property Details

2501 N Gate Ter, Silver Spring, MD is a Single Family that was built in 1966. This property is currently Financed and is not for sale. Our records show that 2501 N Gate Ter has 3.5 bathrooms, and a total of 3,790 square feet. The lot size of 2501 N Gate Ter is 16,894 square feet.

Off market
2501 N Gate Ter Silver Spring, MD 20906
$618,000 Estimated Value
3.5 Baths
3,790 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $150,000
  • Open Loans / Balance: 2 / $498,039
  • Est. Equity / %: $302,961 / 37.82%
  • Gross Yield: 6.096%
  • APN: 13-01438258
  • Situs County: Montgomery
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,790/SqFt
  • Lot: 16,894/SqFt
  • Gross: 4,319/SqFt
  • Garage: 529/SqFt
  • Living: 3,790/SqFt
  • Basement: 1,000/SqFt
  • Building: 4,319/SqFt
  • Ground: 1,413/SqFt
  • Basement Finished: 1,000/SqFt
  • Price Per Square Foot: $39.58

Legal Description

  • Description: LAYHILL VILLAGE
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: 39.084576 / -77.05235
  • Subdivision: Layhill Village
  • Property Class: Residential
  • Zoning: R200
  • County Use Code: 111

Amenities

  • Plus Four: 2235
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Type: Planned Unit Development

Ownership Info

2501 N Gate Ter has no associated ownership info
2501 N Gate Ter has no associated ownership info.

Taxes

2501 N Gate Ter has 10 associated Taxes items

2501 N Gate Ter, Silver Spring, 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 $618,000. The APN we've located for 2501 N Gate Ter is 13-01438258.

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Taxes
  • Assessed Value:  $618,000
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-01438258
  • Assessed Land Value:  191800
  • Market Land Value:  191800
  • Tax Amount:  7932.8
  • Tax Year:  2025
  • Market Value:  634500
  • Market Year:  2026

Tax History

2501 N Gate Ter has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $623,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,932.8 Change Rate +0.084031% Assessed CR Tax Rate
Year 2024 Assessed Value $572,167 Land Value Improvement Value Tax Amount $7,317.87 Change Rate -0.018965% Assessed CR Tax Rate +0.01279%
Year 2023 Assessed Value $526,333 Land Value Improvement Value Tax Amount $7,459.34 Change Rate +0.417126% Assessed CR Tax Rate +0.014172%
Year 2022 Assessed Value $480,500 Land Value $191,800 Improvement Value $288,700 Tax Amount $5,263.71 Change Rate -0.486169% Assessed CR Tax Rate +0.010955%
Year 2021 Assessed Value $473,667 Land Value Improvement Value Tax Amount $10,244.04 Change Rate Assessed CR Tax Rate +0.021627%
Year 2020 Assessed Value $466,833 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $460,000 Land Value $191,800 Improvement Value $268,200 Tax Amount $9,802.18 Change Rate +0.928948% Assessed CR Tax Rate +0.021309%
Year 2018 Assessed Value $460,000 Land Value $191,800 Improvement Value $268,200 Tax Amount $5,081.62 Change Rate -0.029214% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $460,000 Land Value Improvement Value Tax Amount $5,234.54 Change Rate Assessed CR Tax Rate +0.011379%
Year 2016 Assessed Value $465,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $458,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $451,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,519.27 Change Rate Assessed CR Tax Rate