Wayne Lee
Fathom Realty
(240) 273-7745
41 Total Sales
1 in Gaithersburg
$540,000 Price
16 Park Ave Gaithersburg, MD 20877
Gaithersburg AreaEstimated Value: $614,836
3
Beds
2.5
Baths
2,000
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- Deck
- Balcony
- Craftsman Architecture
- No HOA
- 1-minute walk to Constitution Gardens Park
About This Home
As of December 2023Welcome home to this absolutely beautiful restored home in the heart of Gaithersburg! This charming Victorian era home has tons of character, a relaxing front porch, an amazing backyard and is walkable to the restaurants, shops, parks, and so much more of Old Towne Gaithersburg. Located in the Central Business District allows the owner the opportunity to use it residentially or commercially.
The main level features gleaming hardwood floors, high ceilings, and a stunning gourmet kitchen that was completely renovated in 2021 with new shaker cabinetry, high-end stainless steel appliances, quartz countertops and a subway tile backsplash. Other features of this level include a wood burning stove, powder room, and a laundry room with a pantry. The 2nd level includes 3 bedrooms and 2 updated bathrooms including a spacious primary ensuite, and a large deck/balcony. As a bonus, there is a finished attic perfect for storage or a bonus room. The large backyard is fully fenced and features a deck off of the kitchen and an attached garage. All of this just minutes to MARC, the metro, 270, and everything Historic Downtown Gaithersburg has to offer!
Last Agent to Sell the Property
(301) 298-1001 koki@kokiisthekey.com Compass License #612346 Listed on: 09/28/2023
Last Buyer's Agent
(301) 961-6000 bethesda@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,705
Year Built
- Built in 1899
Lot Details
- 11,794 Sq Ft Lot
- Property is in very good condition
- Property is zoned CBD
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
Home Design
- Craftsman Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- Property has 3 Levels
- Wood Burning Fireplace
- Unfinished Basement
- Dirt Floor
- Laundry on main level
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Central Air
- Radiator
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot P5
- Assessor Parcel Number 160900844118
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2023
Closed on
Dec 4, 2023
Sold by
Bought by
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Cindy Bayne
Berkshire Hathaway HomeServices PenFed Realty
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Views
273
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,836
Avg. Annual Appreciation
3.94%
Original Mortgage
$527,250
Interest Rate
7.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2016
Closed on
May 31, 2016
Sold by
Bought by
Seller's Agent
Timothy Horst
Long & Foster Real Estate, Inc.
Buyer's Agent
Kevin Conley
RE/MAX Realty Group
List Price
$439,900
Sold Price
$418,000
Premium/Discount to List
-$21,900
-4.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$405,460
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gaithersburg, MD
-
Wayne Lee
-
Rosario Hernandez-Sweeney
Rosario Hernandez-Sweeney
Douglas Realty, LLC
(301) 417-5471
12 Total Sales
1 in Gaithersburg
$329,900 Price
-
Zsuzsanna Rainey
Zsuzsanna Rainey
Taylor Properties
(443) 951-3682
122 Total Sales
1 in Gaithersburg
$530,000 Price
-
Mark Hufnagel
Mark Hufnagel
Todays Realty, Inc.
(443) 398-3449
45 Total Sales
2 in Gaithersburg
$128K - $455K Price Range
-
Neil Bacchus
Neil Bacchus
EXP Realty, LLC
(301) 281-6383
131 Total Sales
1 in Gaithersburg
$415,000 Price
-
Laura Bacchus
Laura Bacchus
EXP Realty, LLC
(240) 453-4112
56 Total Sales
1 in Gaithersburg
$209,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $555,000 | Westcor Land Title Insurance C | ||
| $418,000 | Rgs Title Llc | ||
| $525,000 | -- | ||
| $195,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $522,000 | ||
| Closed | $527,250 | ||
| Previous Owner | $379,200 | ||
| Previous Owner | $405,460 | ||
| Previous Owner | $222,100 | ||
| Previous Owner | $10,500 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $555,000 | -3.5% | $278 / Sq Ft | |
| 11/02/2023 11/02/23 | Price Changed | $575,000 | -4.0% | $288 / Sq Ft | |
| 09/28/2023 09/28/23 | For Sale | $599,000 | +43.3% | $300 / Sq Ft | |
| 05/31/2016 05/31/16 | Sold | $418,000 | -0.5% | $209 / Sq Ft | View Prior Sale |
| 04/28/2016 04/28/16 | Pending | -- | -- | -- | |
| 04/22/2016 04/22/16 | Price Changed | $419,900 | -4.5% | $210 / Sq Ft | |
| 04/04/2016 04/04/16 | For Sale | $439,900 | 0.0% | $220 / Sq Ft | |
| 03/29/2016 03/29/16 | Pending | -- | -- | -- | |
| 03/17/2016 03/17/16 | Price Changed | $439,900 | -12.0% | $220 / Sq Ft | |
| 02/17/2016 02/17/16 | For Sale | $499,900 | -- | $250 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,328 | $512,033 | ||
| 2024 | $6,540 | $479,367 | $0 | $0 |
| 2023 | $5,385 | $446,700 | $159,300 | $287,400 |
| 2022 | $5,013 | $428,800 | $0 | $0 |
| 2021 | $4,556 | $410,900 | $0 | $0 |
| 2020 | $4,556 | $393,000 | $159,300 | $233,700 |
| 2019 | $4,209 | $366,867 | $0 | $0 |
| 2018 | $3,880 | $340,733 | $0 | $0 |
| 2017 | $3,592 | $314,600 | $0 | $0 |
| 2016 | -- | $310,633 | $0 | $0 |
| 2015 | $4,464 | $306,667 | $0 | $0 |
| 2014 | $4,464 | $302,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Koki Adasi
Seller's Agent in 2023
Koki Adasi
Compass
(240) 994-3941
266 Total Sales
-
Melissa Lango
Seller Co-Listing Agent in 2023
Melissa Lango
Compass
(610) 554-9689
198 Total Sales
-
Cindy Bayne
Buyer's Agent in 2023
Cindy Bayne
BHHS PenFed (actual)
(703) 507-3056
71 Total Sales
-
Timothy Horst
Seller's Agent in 2016
Timothy Horst
Long & Foster
(301) 370-3864
122 Total Sales
-
Kevin Conley
Buyer's Agent in 2016
Kevin Conley
Remax Realty Group
(240) 429-7513
15 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2100772
APN: 09-00844118
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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, and is provided by BRIGHT through a licensing agreement.
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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