227 E Diamond Ave Gaithersburg, MD 20877
Estimated Value: $3,022,692
Studio
--
Bath
9,200
Sq Ft
$329/Sq Ft
Est. Value
About This Home
This home is located at 227 E Diamond Ave, Gaithersburg, MD 20877 and is currently estimated at $3,022,692, approximately $328 per square foot. 227 E Diamond Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2024
Sold by
227 E Diamond Llc
Bought by
9Th Avenue Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Outstanding Balance
$1,203,610
Interest Rate
6.4%
Estimated Equity
$1,819,082
Purchase Details
Closed on
Oct 6, 2022
Sold by
227 East Diamond Llc
Bought by
227 E Diamond Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,956,500
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2014
Sold by
Bowman David H and Black Dog Receiver Llc
Bought by
227 East Diamond Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.92%
Purchase Details
Closed on
Jun 8, 2006
Sold by
Depot Properties Llc
Bought by
Kb Summit Land Llc A Maryland and Limited Liability Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,147,500
Interest Rate
6.62%
Purchase Details
Closed on
May 24, 2006
Sold by
Depot Properties Llc
Bought by
Kb Summit Land Llc A Maryland and Limited Liability Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,147,500
Interest Rate
6.62%
Purchase Details
Closed on
Apr 7, 1999
Sold by
Olde Towne Taver & Brewing
Bought by
Depot Properties Llc and Md Limited Liability Co
Purchase Details
Closed on
Dec 14, 1993
Sold by
E Diamond Ave Assoc
Bought by
Olde Towne Tavern
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.78%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 9Th Avenue Properties Llc | $2,950,000 | Passport Title | |
| 9Th Avenue Properties Llc | $2,950,000 | Passport Title | |
| 227 E Diamond Llc | $1,500,000 | -- | |
| 227 E Diamond Llc | $1,500,000 | None Listed On Document | |
| 227 East Diamond Llc | $1,000,000 | New World Title Company Llc | |
| Kb Summit Land Llc A Maryland | $1,500,000 | -- | |
| Kb Summit Land Llc A Maryland | $1,500,000 | -- | |
| Depot Properties Llc | $1,260,000 | -- | |
| Olde Towne Tavern | $480,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 9Th Avenue Properties Llc | $1,230,000 | |
| Closed | 9Th Avenue Properties Llc | $1,230,000 | |
| Closed | 9Th Avenue Properties Llc | $1,500,000 | |
| Previous Owner | 227 E Diamond Llc | $1,956,500 | |
| Previous Owner | 227 East Diamond Llc | $750,000 | |
| Previous Owner | Kb Summit Land Llc A Maryland | $2,147,500 | |
| Previous Owner | Kb Summit Land Llc A Maryland | $2,147,500 | |
| Previous Owner | Olde Towne Tavern | $600,000 |
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 | $22,862 | $1,387,633 | -- | -- |
| 2024 | $22,862 | $1,292,867 | $0 | $0 |
| 2023 | $21,527 | $1,198,100 | $141,300 | $1,056,800 |
| 2022 | $20,597 | $1,132,067 | $0 | $0 |
| 2021 | $39,292 | $1,066,033 | $0 | $0 |
| 2020 | $36,752 | $1,000,000 | $141,300 | $858,700 |
| 2019 | $18,376 | $1,000,000 | $141,300 | $858,700 |
| 2018 | $18,814 | $1,031,533 | $0 | $0 |
| 2017 | $18,559 | $1,000,000 | $0 | $0 |
| 2016 | -- | $1,000,000 | $0 | $0 |
| 2015 | $30,568 | $2,068,767 | $0 | $0 |
| 2014 | $30,568 | $2,008,500 | $0 | $0 |
Source: Public Records
Map
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