NOT LISTED FOR SALE

111 Spring St Gaithersburg, MD 20877

Estimated Value: $426,000 - $450,855

4 Beds
2 Baths
1,416 Sq Ft
$313/Sq Ft Est. Value

About This Home

Huge Price Reduce!!! LOCATION, LOCATION, LOCATION! Fall in love with this beautifully renovated home in the heart of Montgomery County, ideally situated with quick access to Route 355 and I-270. This move-in ready gem features 4 spacious bedrooms and 2 full bathrooms, offering plenty of room for comfortable living. Enjoy the expansive living room, perfect for entertaining guests, along with numerous upgrades throughout the home—including recessed lighting, gleaming hardwood floors on the main level, and luxury-upgraded bathrooms. The renovated kitchen boasts stainless steel appliances, creating a modern and functional space for cooking, next to bright dining room. Freshly painted inside, the home also features a large backyard ideal for gatherings, and a private driveway for added convenience. Nestled in a quiet neighborhood, yet minutes from Gaithersburg Library, shopping centers, public transportation, and major commuter routes including I-495—this home offers the perfect balance of tranquility and accessibility. Don’t miss your chance to see this stunning home in person—schedule your visit today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2009
Sold by
Meija Luis
Bought by
Furibo Shaode
Current Estimated Value
$442,714

Purchase Details

Closed on
Jun 6, 2005
Sold by
Warner Simon and Warner C
Bought by
Mejia Luis

Purchase Details

Closed on
May 27, 2005
Sold by
Warner Simon and Warner C
Bought by
Mejia Luis

Purchase Details

Closed on
Aug 28, 1995
Sold by
Barr Simon P
Bought by
Warner Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,150
Interest Rate
7.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Furibo Shaode $180,000 --
Mejia Luis $380,000 --
Mejia Luis $380,000 --
Warner Simon $148,000 --
Warner Simon $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warner Simon $136,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $449,900 -9.8% $318 / Sq Ft
09/09/2025 09/09/25 Price Changed $499,000 -5.7% $352 / Sq Ft
08/14/2025 08/14/25 Price Changed $529,000 -3.6% $374 / Sq Ft
06/12/2025 06/12/25 For Sale $549,000 -- $388 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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
2025 $4,681 $350,967 -- --
2024 $4,681 $334,033 $0 $0
2023 $4,430 $317,100 $159,500 $157,600
2022 $4,131 $301,300 $0 $0
2021 $3,725 $285,500 $0 $0
2020 $3,725 $269,700 $145,300 $124,400
2019 $3,703 $269,700 $145,300 $124,400
2018 $3,697 $269,700 $145,300 $124,400
2017 $3,074 $272,400 $0 $0
2016 $3,093 $260,333 $0 $0
2015 $3,093 $248,267 $0 $0
2014 $3,093 $236,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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