NOT LISTED FOR SALE

221 Central Ave Gaithersburg, MD 20877

Estimated Value: $849,000 - $971,092

0.75 Acre
$1,214,364 Price per Acre
32,670 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $240,000 $73 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $5,012/month

212 Days on Market

About This Lot

As of September 2020

Build your dream home in the heart of Montgomery County! 8 stunning lots available from .50 acres to .75 acres. Conveniently located with access to all major commuter routes I-270, I-370, and MD 200 (ICC). Walking distance to Washington Grove MARC Train Station .3 Miles! Short drive to shopping and restaurants in Old Town Gaithersburg, RIO Washingtonian Center, and Downtown Crown. Work with award winning Mitchell & Best Builders to make your dream a reality today!

Last Agent to Sell the Property

Nathan Dart

RE/MAX Realty Group License #514678 Listed on: 12/30/2019

RE/MAX Realty Group

Last Buyer's Agent

Nathan Dart

RE/MAX Realty Group License #514678 Listed on: 12/30/2019

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,109

Lot Details

  • 0.75 Acre Lot

Schools

  • Washington Grove Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Community Details

  • No Home Owners Association
  • Oakmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160903807168

Property Details

Property Type

Land

Est. Annual Taxes

$2,109

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Build your dream home in the heart of Montgomery County! 8 stunning lots available from .50 acres to .75 acres. Conveniently located with access to all major commuter routes I-270, I-370, and MD 200 (ICC). Walking distance to Washington Grove MARC Train Station .3 Miles! Short drive to shopping and restaurants in Old Town Gaithersburg, RIO Washingtonian Center, and Downtown Crown. Work with award winning Mitchell & Best Builders to make your dream a reality today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.36
  • Street Number Modifier: 221

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WASHINGTON GROVE
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: WASHINGTON GROVE
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32600.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 22336584
  • Tax Annual Amount: 2109.10
  • Assessor Parcel Number: 160903807168
  • Tax Year: 2020
  • Close Date: 09/23/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Mb Becraft Llc
Bought by
Evans Laferrel and Evans Cornetia
Current Estimated Value
$910,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,541
Outstanding Balance
$680,019
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$230,655
Source: Public Records

Range of Values:

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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
Evans Laferrel $800,047 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Laferrel $751,541
Previous Owner Mb Becraft Llc $1,772,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $240,000 0.0% $73 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $240,000 0.0% $73 / Sq Ft
04/07/2020 04/07/20 Off Market $240,000 -- --
12/30/2019 12/30/19 For Sale $240,000 -- $73 / Sq Ft
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 $584 $769,833 -- --
2024 $584 $748,267 $0 $0
2023 $545 $726,700 $186,600 $540,100
2022 $816 $699,667 $0 $0
2021 $2,346 $186,600 $186,600 $0
2020 $4,695 $186,600 $186,600 $0
2019 $2,058 $186,600 $186,600 $0
2018 $2,061 $186,600 $186,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Dart

    Seller's Agent in 2020

    Nathan Dart

    Remax Realty Group

    (301) 461-0693

    39 in this area

    540 Total Sales

    Nathan Dart
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Map

Source: Bright MLS

MLS Number: MDMC690612

Bright MLS

APN: 09-03807168

Maryland Montgomery County Gaithersburg 20877

221 Central Ave, Gaithersburg, MD

This home is located at 221 Central Ave, Gaithersburg, MD 20877 since 30 December 2019 and is currently estimated at $910,773, approximately $278 per square foot. 221 Central Ave is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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