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221 Cedar Ave, Gaithersburg, MD 20877
221 Cedar Ave, Gaithersburg, MD 20877
221 Cedar Ave, Gaithersburg, MD 20877
221 Cedar Ave, Gaithersburg, MD 20877

Price: $789,000
221 Cedar Ave, Gaithersburg, MD 20877

MLS #: MDMC728160
Tax ID #: 03850663
Ownership Interest: Fee Simple
Unit Entry Floor: 1
Structure Type: Detached
Levels/Stories: 2.5
Furnished: No
Waterfront: No
Garage: Yes
Beds: 5
Baths: 4 / 1
Total Rooms: 9
Above Grade Fin SQFT: 3,145 / Estimated
Price / Sq Ft: 250.87
Year Built: 2020
New Construct: Yes – Not Completed
Property Condition: Excellent
Style: Colonial
Central Air: Yes
Basement: Yes

Public: QUALITY NEW CONSTRUCTION WITH LOCATION, LOCATION, LOCATION!!! BEAUTIFUL NEW HOME WITH 4-1/2 BATHS NEARING COMPLETION!! This generously sized home comes with a detached garage and front porch to fully enjoy living in lovely Gaithersburg! First floor is complete with an arched foyer, powder room, eat-in kitchen, spacious Great Room with fireplace, master bedroom with en suite or could be used as a family room/den. The second floor features a full hall bathroom with soaking tub, three (3) large bedrooms, one of which the master bedroom with a huge en suite and separate commode closet! AND THAT’S NOT ALL!! Upon entering the 3rd floor you will find a fifth bedroom with full bath and a lovely sized Bonus Room! The full basement with an egress window has 8′ ceilings and can be easily finished giving yourself over 5000 square feet of living space. Convenient to Old Towne Gaithersburg, Rockville, D.C., Frederick, Metro Station, Bus Stops, highways 200 and 270, and houses of worship. This home is just walking distance to local schools and has several restaurants and shopping within a short ten-minute drive. Enjoy the outdoors by strolling the several nearby parks and attend the many events at the nearby fairgrounds!! Take advantage of the historically low interest rates and make your offer!! A TRULY WONDERFUL HOME!! No H.O.A.

LIST OF BLOGS

Another Tool to Improve Affordability

The rapid rise in mortgage rates during 2022 coupled with continued appreciation of home prices have limited the number of buyers in the market which is reflected by the lower number of home sales currently. "It's a fact that many households are impacted by...

Cause to Pause

Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down. While it may be possible, the probability is that prices are going to continue to increase. On December 23, 2021, the...

Five Factors that affect the Sale of Any Home

Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and the agent you select. The one thing you can't control is the location of the home, but you can adjust the other factors to compensate for...

The importance of a Home Inspection

The importance of a Home Inspection Prior to you getting a residence, one of the important things you ought to do is to have it had a look at by a professional home examiner. Yes, we can hear your objection: "Acquiring a residence is costly enough as it is! Why would...

Why should you get a home inspection?

Why should you get a home inspection? Prior to you buy a house, among things you should do is to have it had a look at by an expert house examiner. Yes, we can hear your argument: "Acquiring a residence is expensive enough as it is! Why would I pick to fork over...

Gift Amount Increased for 2022

The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the donee. There are provisions that would allow gifts higher than this amount providing the total lifetime gifts above the annual exclusion of $12.06 million for 2022 has not been met....

Housing Affordability – Call to ARMs

Housing Affordability is negatively affected by both rising home prices and mortgage rates. A 20% increase in nominal home prices and a 2% increase in the 30-year fixed rate mortgage since January have contributed to a 46 point drop in the NAR Housing Affordability...

Surviving Spouse Sale Period

Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person's share unless...

Are prices and rates going to continue to rise?

One of the most talked about questions in the real estate market has to do with "Will prices continue to rise now that interest rates have increased dramatically this year?" It is understandable to think that if the Federal Reserve is using interest rate...

Indecision Can Be Expensive

With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. On a local level, there is a pent-up...

RECENT POSTS

Cause to Pause

Rising mortgage rates are causing some would-be buyers to pause their decisions until they...

ABOUT  TWENTY
THREE HOMES

The Twenty Three Homes are one of the premiere real estate groups locally, nationally and internationally, specifically dealing with high-end properties and exclusive clientele. Partner with Keller Williams Twenty Three Homes are full service real estate experts whose clients benefit from the custom tailored, hands on service while receiving all the exclusive amenities and resources of one of the most established and respected firms in the business.

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