NOT LISTED FOR SALE

112 Central Ave Gaithersburg, MD 20877

Estimated Value: $812,000 - $959,066

6 Beds
3 Baths
3,442 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $760,000 $221 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,478/month

3 Days on Market

Highlights

  • 1.19 Acre Lot
  • Wood Flooring
  • Property is in very good condition
  • Colonial Architecture
  • No HOA
  • Wood Burning Fireplace

About This Home

As of March 2022

WHY SETTLE FOR ORDINARY, WHEN YOU CAN HAVE SOMETHING TRULY SPECIAL!! This large, updated home built in the early 1900’s has unique features you won’t find in newer homes (various types of molding and cornices, wainscoting, pocket doors, huge windowsills and more!!). Its character and charm are undeniable! Enjoy the almost 9’ ceilings, original wood floors, a unique fireplace and a wood burning stove, plaster walls and stone façade. It has a dining room to accommodate the largest of family gatherings. The sunny kitchen has been totally remodeled with granite and stainless appliances and includes a breakfast area. Also on the first floor is a “parlor” with fireplace, a living room with library nook and a guest bedroom and bath. Upstairs there’s a fabulous master suite with renovated bath (soaking tub, separate shower, double sinks) and a wood-burning stove! There’s also a separate sitting area/office off the master bedroom. One of the five upstairs bedrooms was once a sleeping porch with plenty of windows to enjoy the view of the 1.2 acre lot. All three of the bathrooms in the house have been renovated. Other recent updates include a new roof, new windows, new 2-zone heat pump system (to supplement the original radiators), new electrical wiring and electrical box, and a new plumbing system including a connection to public water and sewer. The house is set back from the street in a park-like setting complete with a gazebo. There’s a large fenced-in backyard with a brick patio. Added bonus: The current owners created preliminary subdivision plans that were submitted to MCPP for a new house on a half-acre lot. The process was never completed but could be restarted. Now that’s instant equity! Don’t miss this amazing opportunity.

Last Agent to Sell the Property

Elizabeth Borissow

(301) 408-8794 liz.borissow@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 02/07/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jennifer Smira

(202) 340-7675 jsmira@compass.com Compass License #SP600505

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,230

Year Built

  • Built in 1900

Lot Details

  • 1.19 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Wood Flooring
  • Laundry on upper level
  • Unfinished Basement

Bedrooms and Bathrooms

Parking

  • Shared Driveway
  • Off-Street Parking

Utilities

  • Radiator
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gaithersburg Outside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160900771238

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,230

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-02-09
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4721
  • Living Area Sq Ft: 3442
  • Price Per Sq Ft: 217.90
  • Above Grade Finished Sq Ft: 3442
  • Above Grade Unfinished Sq Ft: 1279
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 184000.00
  • Land Assessed Value: 201300.00
  • Lot Size Acres: 1.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51836.00
  • Property Condition: Very Good
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13890007
  • Tax Annual Amount: 6230.00
  • Assessor Parcel Number: 160900771238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 17, 2013
Sold by
Rueter Janet R and Estate Of Nancy Ann Paquin
Bought by
Aitken Richard L and Toole Pamela S
Seller's Agent
Thomas McKenna
Century 21 Redwood Realty
Buyer's Agent
Donna Walsh
Good Deeds Real Estate, LLC
List Price
$302,500
Sold Price
$374,000
Premium/Discount to List
$71,500
23.64%
Current Estimated Value
$916,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,514
Avg. Annual Appreciation
7.15%
Original Mortgage
$280,500
Outstanding Balance
$197,672
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$693,095
Source: Public Records
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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
Aitken Richard L $374,000 Rgs Title Of Beth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aitken Richard L $280,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $760,000 +1.3% $221 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $750,000 +100.5% $218 / Sq Ft
06/17/2013 06/17/13 Sold $374,000 +36.0% $86 / Sq Ft View Prior Sale
05/11/2013 05/11/13 Pending -- -- --
05/04/2013 05/04/13 Price Changed $275,000 -9.1% $63 / Sq Ft
05/02/2013 05/02/13 For Sale $302,500 -19.1% $70 / Sq Ft
05/02/2013 05/02/13 Off Market $374,000 -- --
Source: Bright MLS

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 $8,223 $669,800 -- --
2024 $8,223 $549,600 $0 $0
2023 $6,102 $429,400 $201,300 $228,100
2022 $6,398 $414,700 $0 $0
2021 $12,461 $400,000 $0 $0
2020 $12,020 $385,300 $201,300 $184,000
2019 $6,010 $385,300 $201,300 $184,000
2018 $4,256 $385,300 $201,300 $184,000
2017 $6,138 $385,300 $0 $0
2016 -- $383,633 $0 $0
2015 $4,848 $381,967 $0 $0
2014 $4,848 $380,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2036356

Bright MLS

APN: 09-00771238