NOT LISTED FOR SALE

225 Central Ave Gaithersburg, MD 20877

Estimated Value: $807,921 - $983,000

0.75 Acre
$1,165,973 Price per Acre
32,670 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $240,000

Est. 264% increase in value since last sale

Current estimated payment $5,500/month

343 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! Only 2.5 Miles to Shady Grove Metro! 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: 08/21/2019

RE/MAX Realty Group

Last Buyer's Agent

Jenny (Jie) He

Samson Properties License #587017

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,058

Lot Details

  • 0.75 Acre Lot
  • Property is zoned 910

Schools

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

Community Details

  • No Home Owners Association
  • Oakmont Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 03807146

Property Details

Property Type

Land

Est. Annual Taxes

$2,058

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • 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! Only 2.5 Miles to Shady Grove Metro! 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: 225

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: 2018
  • Zoning: 910
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2057.65
  • Assessor Parcel Number: 03807146
  • Tax Lot: 8
  • Tax Page Number: 284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/18/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 14, 2020
Sold by
Mb Becraft Llc
Bought by
Endo Yukinori and Endo Hiroko
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Jenny (Jie) He
Samson Properties
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$874,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,480
Avg. Annual Appreciation
29.85%
Original Mortgage
$645,847
Interest Rate
2.8%
Mortgage Type
Construction
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
Endo Yukinori $240,000 Counselors Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Endo Yukinori $625,000
Closed Endo Yukinori $645,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $240,000 0.0% --
07/29/2020 07/29/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $240,000 0.0% --
12/30/2019 12/30/19 Off Market $240,000 -- --
08/21/2019 08/21/19 For Sale $240,000 -- --
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 $8,819 $699,067 -- --
2024 $8,819 $690,233 $0 $0
2023 $8,685 $681,400 $186,600 $494,800
2022 $8,062 $656,633 $0 $0
2021 $4,115 $186,600 $186,600 $0
2020 $2,059 $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

    539 Total Sales

    Nathan Dart
    Section Image

  • J

    Buyer's Agent in 2020

    Jenny (Jie) He

    Samson Properties

    (240) 888-5178

    1 in this area

    17 Total Sales

    Jenny (Jie) He
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC675508

Bright MLS

APN: 09-03807146

Maryland Montgomery County Gaithersburg 20877

225 Central Ave, Gaithersburg, MD

This home is located at 225 Central Ave, Gaithersburg, MD 20877 since 21 August 2019 and is currently estimated at $874,480. 225 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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