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18555 Cherry Laurel Ln, Gaithersburg, MD, 20879

$514,500

Home List Price

$6,110*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,183 SqFt
$236/SqFt
Townhouse

Location

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18555 Cherry Laurel Ln, Gaithersburg$514,500

Buyer Closing Credits

$6,110*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1991
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
MLS #MDMC2150766
Lot Size0.06 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 18555 Cherry Laurel Ln

PRICE IMPROVEMENT!!! Welcome to this spacious end-unit townhome featuring 4 bedrooms and 3.5 baths, perfect for comfortable living and entertaining. As you enter, you're greeted by a large living room that boasts plenty of natural light, creating a warm and inviting atmosphere. Adjacent to the living room is a spacious dining room, ideal for family gatherings or dinner parties. Both or theses rooms as well as the foyer have beautiful new flooring. The kitchen shines with new quartz countertops and offers ample space for a large dining table, making it a perfect spot for casual meals. A conveniently located powder room completes this level. The upper level is dedicated to relaxation, featuring a generously sized primary bedroom complete with a full ensuite bathroom and a walk-in closet, ensuring you have all the space you need for your wardrobe. Two additional bedrooms share another full bathroom on this level, providing comfort and privacy for family or guests. The lower level offers a cozy retreat with a fireplace ,built-in bookshelves and new carpet, and sliding glass doors to backyard perfect for unwinding or entertaining. This level also features a bedroom and a full bathroom, making it a versatile space that can serve as a guest suite or a home office. Enjoy easy access to the outdoors with a convenient level walkout.This townhome combines modern amenities with spacious living areas, making it a perfect choice for families or those seeking room to grow. Don’t miss the opportunity to make this beautiful home yours! Interior has been freshly painted throughout, new carpet on upper and lower levels, new flooring in Living Room and Dining Room.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1991
  • Stories: 3
  • Living Area: 2,183 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (240) 497-1700
  • Listing Agent: MEAGHAN T0BIN MILLER

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven, Gas Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior: Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Col. Zadok Magruder High School, Public District Grades 9-12
  • Shady Grove Middle School, Public District Grades 6-8
  • Flower Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Muncaster Mill Road to Left on Cherry Laurel Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,500
  • Price Per SqFt: $236/SqFt

HOA Fees:

  • Amount: $667
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,807
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gaithersburg, MD.

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Gaithersburg, MD

City

Med. Sold Price

$537.2K

Med. Price/SqFt

$265

Avg. Days On Market

17

# of Sold Homes

77

18555 Cherry Laurel Ln vs Gaithersburg

34 DAYS ON ROCKET

+17 Days

$514,500

-$22.7K Less

$236/SqFt

-$30 Less

KEY TAKEAWAY

This property is $22.7K less than the Median Sold Price and $30/SqFt less than other homes in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2150766

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (240) 497-1700
  • Listing Agent: MEAGHAN T0BIN MILLER

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 28, 1999Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,807$320,500
2020$2,881$310,600
2018$2,291$254,067

History based on county public records data.

Payment Calculator

$2,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,609

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1779041
3
/10

  • Flower Hill Elementary School

  • 18425 Flower Hill Way

  • 0.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1779042
4
/10

  • Shady Grove Middle School

  • 8100 Midcounty Hwy

  • 1.31 miles

  • Public District Grades 6-8

High School

school-card-donut-1779043
9
/10

  • Col. Zadok Magruder High School

  • 5939 Muncaster Mill Rd

  • 3.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,805. Most Gaithersburg, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Gaithersburg, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gaithersburg, MD?

Gaithersburg offers a diverse array of housing options, with single-family homes, apartments, and townhouses available to suit a range of preferences. The architectural styles in the area are varied, with a mix of colonial, contemporary, and ranch-style homes. The housing market is dynamic, with a healthy balance of ownership and rental opportunities. Single-family homes are prevalent, while multifamily dwellings provide alternatives for those seeking a more urban living experience.

Is Gaithersburg, MD a good place to live?

Gaithersburg is celebrated for its vibrant community spirit and a family-friendly atmosphere. The city prides itself on a blend of historic charm and modern amenities, offering residents a suburban feel with pockets of urbanity. Annual events, such as the Gaithersburg Book Festival, reflect the cultural richness and educational values of the community.

Are things conveniently located in Gaithersburg, MD?

The city is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several clinics and a hospital that provide a range of medical services. Gaithersburg also features a network of public libraries and a variety of shopping and dining options that showcase the local culture. The city is proactive in adapting its services to meet the evolving needs of its diverse population.

What does the transportation in Gaithersburg, MD look like?

Gaithersburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The area is served by a network of buses that operate on a set schedule, connecting residents to key destinations within the city and beyond. The community is designed with walkability in mind, particularly in the downtown area, and there are several bike-friendly routes available. Major roads and highways provide efficient routes for commuters, with ongoing improvements to enhance traffic flow and reduce congestion.

Frequently Asked Questions About 18555 Cherry Laurel Ln

What is the listing price of this property?

The listing price of 18555 Cherry Laurel Ln property is $514,500.

What type of property is this?

The property 18555 Cherry Laurel Ln is a townhouse located in Gaithersburg, Maryland, 20879.

Is this property for sale now?

Accepting Backup Offers: 18555 Cherry Laurel Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 18555 Cherry Laurel Ln are:
Flower Hill Elementary School: GreatSchools Rating 3/10
Shady Grove Middle School: GreatSchools Rating 4/10
Col. Zadok Magruder High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,807 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 28, 1999 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18555 Cherry Laurel Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 18555 Cherry Laurel Ln is 2,183 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18555 Cherry Laurel Ln is 1991.

Rocket Homes›Maryland›Montgomery County›Gaithersburg›20879›18555 Cherry Laurel Ln

This home is located at 18555 Cherry Laurel Ln in Gaithersburg, MD and zip code 20879. This 2,183 square foot home, which was built in 1991, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $514,500.

In October 2024 more than 35 listings in Gaithersburg, MD were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 26 were sold below. The number of listings in Gaithersburg, MD increased by 13.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 17 days, the median list price was $537,225.

From Rocket Homes Real Estate and based on county public records data.

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