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2505 N Gate Ter; Silver Spring, MD Property Details

2505 N Gate Ter, Silver Spring, MD is a Single Family that was built in 1967. This property is currently a cash purchase and is not for sale. Our records show that 2505 N Gate Ter has 4.5 bathrooms, and a total of 4,478 square feet. The lot size of 2505 N Gate Ter is 64,165 square feet.

Off market
2505 N Gate Ter Silver Spring, MD 20906
$840,767 Estimated Value
4.5 Baths
4,478 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1967
  • Open Loans / Balance: 1 / $374,068
  • Est. Equity / %: $450,932 / 54.66%
  • Gross Yield: 7.127%
  • APN: 13-01439470
  • Situs County: Montgomery
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Wood Shake/ Shingles
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 4,478/SqFt
  • Lot: 64,165/SqFt
  • Gross: 5,006/SqFt
  • Garage: 528/SqFt
  • Living: 4,478/SqFt
  • Basement: 1,490/SqFt
  • Building: 5,006/SqFt
  • Ground: 1,992/SqFt
  • Basement Finished: 1,490/SqFt

Legal Description

  • Description: LAYHILL VILLAGE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.08438 / -77.05309
  • 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

2505 N Gate Ter has no associated ownership info
2505 N Gate Ter has no associated ownership info.

Taxes

2505 N Gate Ter has 9 associated Taxes items

2505 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 $840,767. The APN we've located for 2505 N Gate Ter is 13-01439470.

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Taxes
  • Assessed Value:  $840,767
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-01439470
  • Market Land Value:  230000
  • Tax Amount:  9220.34
  • Tax Year:  2025
  • Market Value:  980700
  • Market Year:  2026

Tax History

2505 N Gate Ter has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $840,767 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $9,220.34 Change Rate -0.004178% Assessed CR Tax Rate
Year 2024 Assessed Value $723,000 Land Value Improvement Value Tax Amount $9,259.02 Change Rate +0.160339% Assessed CR Tax Rate +0.012806%
Year 2023 Assessed Value $675,200 Land Value Improvement Value Tax Amount $7,979.58 Change Rate +0.129614% Assessed CR Tax Rate +0.011818%
Year 2022 Assessed Value $627,400 Land Value $230,000 Improvement Value $397,400 Tax Amount $7,063.99 Change Rate -0.486834% Assessed CR Tax Rate +0.011259%
Year 2021 Assessed Value $617,933 Land Value Improvement Value Tax Amount $13,765.52 Change Rate +0.0218% Assessed CR Tax Rate +0.022277%
Year 2020 Assessed Value $608,467 Land Value Improvement Value Tax Amount $13,471.84 Change Rate +0.022109% Assessed CR Tax Rate +0.022141%
Year 2019 Assessed Value $599,000 Land Value $230,000 Improvement Value $369,000 Tax Amount $13,180.44 Change Rate +0.991861% Assessed CR Tax Rate +0.022004%
Year 2018 Assessed Value $599,000 Land Value $230,000 Improvement Value $369,000 Tax Amount $6,617.15 Change Rate -0.026625% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $599,000 Land Value Improvement Value Tax Amount $6,798.15 Change Rate Assessed CR Tax Rate +0.011349%
Year 2016 Assessed Value $606,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $606,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $606,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,425.65 Change Rate Assessed CR Tax Rate