116 Central Ave Gaithersburg, MD 20877
Estimated Value: $713,000 - $1,006,874
Studio
3
Baths
2,728
Sq Ft
$319/Sq Ft
Est. Value
About This Home
This home is located at 116 Central Ave, Gaithersburg, MD 20877 and is currently estimated at $869,219, approximately $318 per square foot. 116 Central Ave is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2003
Sold by
Jaigobin Rajdulari S
Bought by
Iyer Radhakrishnan S and Iyer R J
Current Estimated Value
Purchase Details
Closed on
Apr 1, 1994
Sold by
Sadzadeh R
Bought by
Jaigobin R S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.07%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Iyer Radhakrishnan S | $475,000 | -- | |
| Jaigobin R S | $289,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jaigobin R S | $199,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,150 | $703,800 | -- | -- |
| 2024 | $8,150 | $663,200 | $0 | $0 |
| 2023 | $6,964 | $622,600 | $251,000 | $371,600 |
| 2022 | $6,303 | $591,500 | $0 | $0 |
| 2021 | $5,531 | $560,400 | $0 | $0 |
| 2020 | $5,531 | $529,300 | $217,700 | $311,600 |
| 2019 | $5,514 | $529,300 | $217,700 | $311,600 |
| 2018 | $5,517 | $529,300 | $217,700 | $311,600 |
| 2017 | $5,687 | $534,900 | $0 | $0 |
| 2016 | -- | $522,367 | $0 | $0 |
| 2015 | $5,129 | $509,833 | $0 | $0 |
| 2014 | $5,129 | $497,300 | $0 | $0 |
Source: Public Records
Map
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