
2503 N Gate Terrace Silver Spring, MD 20906
Layhill NeighborhoodEstimated payment $5,350/month
Highlights
- Open Floorplan
- Creek or Stream View
- Private Lot
- Bel Pre Elementary School Rated A-
- Deck
- Rambler Architecture
About This Home
One Level Living at its finest. Rarely available custom rambler on a cul-de-sac with nearly 5,000 square feet on two levels. Huge kitchen has a sitting area with a fireplace and indoor grill. Dining and Living Rooms have vaulted ceilings with an open feel, perfect for entertaining, and tons of sunlight, with a wall of windows and sliding doors to a huge deck overlooking large backyard. Full walkout basement has a ton of potential. The lower level living space has its own fireplace and is loaded with windows and natural light. With a full bathroom and bedroom with a separate entrance, this may be perfect for an in-law suite or isolated office space. Updated windows, doors, roof, siding, HVAC and extensive solar array on west-facing roof slashes electricity bills. Amazing location is convenient to all points Montgomery County. 2 miles to Glenmont Metro & ICC/US200, less than a mile to shopping, dining, and parks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,281
Year Built
- Built in 1966
Lot Details
- 0.57 Acre Lot
- Cul-De-Sac
- Southeast Facing Home
- Private Lot
- Premium Lot
- Level Lot
- Back Yard
- Property is in good condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
- Off-Street Parking
Property Views
- Creek or Stream
- Garden
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Stone Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- 3 Fireplaces
- Wood Burning Fireplace
- Fireplace Mantel
- Brick Fireplace
- Double Pane Windows
- Replacement Windows
- Double Door Entry
- Sliding Doors
- ENERGY STAR Qualified Doors
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
- Space For Rooms
- Basement with some natural light
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Deck
- Patio
Schools
- Bel Pre Elementary School
- Argyle Middle School
- John F. Kennedy High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Layhill Village Subdivision
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 161301438670
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $8,281 | $644,000 | $0 | $0 |
2023 | $6,758 | $583,200 | $0 | $0 |
2022 | $4,211 | $522,400 | $203,000 | $319,400 |
2021 | $5,693 | $515,200 | $0 | $0 |
2020 | $11,148 | $508,000 | $0 | $0 |
2019 | $5,455 | $500,800 | $203,000 | $297,800 |
2018 | $5,414 | $499,000 | $0 | $0 |
2017 | $5,569 | $497,200 | $0 | $0 |
2016 | $4,594 | $495,400 | $0 | $0 |
2015 | $4,594 | $481,000 | $0 | $0 |
2014 | $4,594 | $466,600 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/17/2025 04/17/25 | Pending | -- | -- | -- |
03/13/2025 03/13/25 | For Sale | $835,000 | -- | $271 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $450,000 | -- | |
Deed | -- | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $100,000 | Credit Line Revolving | |
Open | $465,600 | New Conventional | |
Closed | $457,500 | New Conventional | |
Closed | $80,000 | Stand Alone Second | |
Closed | $405,114 | New Conventional | |
Closed | $415,150 | New Conventional | |
Closed | $415,600 | New Conventional | |
Closed | $436,939 | FHA | |
Previous Owner | $185,000 | Stand Alone Second |
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Source: Bright MLS
MLS Number: MDMC2168472

APN: 13-01438670
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