$695,000
SOLD APR 1, 2025

24308 Hipsley Mill Rd Gaithersburg, MD 20882

3 Beds
2 Baths
2,198 Sq Ft
5.34 Acres

Recently Sold

$316 Per Sq Ft

0 Day on Market

Highlights

  • Heated Spa
  • Deck
  • Contemporary Architecture
  • Laytonsville Elementary School Rated A-
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of April 2025

This home is located at 24308 Hipsley Mill Rd, Gaithersburg, MD 20882 and is currently priced at $695,000, approximately $316 per square foot. This property was built in 1984. 24308 Hipsley Mill Rd is a home located in Montgomery County with nearby schools including Laytonsville Elementary School, John T. Baker Middle School, and Damascus High.

Last Agent to Sell the Property

John Lee

RE/MAX Realty Services License #583762 Listed on: 03/14/2025

RE/MAX Realty Services

Co-Listed By

Claire Crawford

RE/MAX Realty Services License #6173

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,899

Year Built

  • Built in 1984

Lot Details

  • 5.34 Acre Lot
  • Northeast Facing Home
  • Property is in good condition
  • Property is zoned AR

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Wood Flooring

Bedrooms and Bathrooms

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Drain
  • Laundry in Basement

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Laytonsville Outside Subdivision
  • Property has 5 Levels

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 160102007844

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,899

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, High, Wood Ceilings
  • Foundation Details: Block
  • Levels Count: 5
  • Basement: Yes
  • Basement Type: Connecting Stairway, Drain, Interior Access, Unfinished
  • Laundry Type: Basement, Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 2260
  • Living Area Sq Ft: 2198
  • Price Per Sq Ft: 397.60
  • Above Grade Finished Sq Ft: 1748
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 62
  • Total Below Grade Sq Ft: 512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24308

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Spa Features: Heated, Private
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Wood
  • Heating Type: Forced Air, Heat Pump - Electric Backup, Heat Pump(s), Zoned, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 5.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 232610.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5899.00
  • Assessor Parcel Number: 160102007844
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 2198
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/01/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 1, 2025
Sold by
Mcdowell Donna S
Bought by
Majerus Jessica and Newland Laura
Seller's Agent
John Lee
RE/MAX Realty Services
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$695,000
Sold Price
$695,000
Views
2
Current Estimated Value
$699,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,454
Avg. Annual Appreciation
1.40%
Original Mortgage
$556,000
Outstanding Balance
$553,626
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$145,828
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $695,000 Fidelity National Title
Deed $695,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $556,000 New Conventional
Closed $556,000 New Conventional
Previous Owner $388,392 Stand Alone Second
Previous Owner $410,000 Stand Alone Second
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $695,000 0.0% $316 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $695,000 -- $316 / 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 $5,899 $457,633 -- --
2024 $5,899 $444,667 $0 $0
2023 $5,013 $431,700 $251,200 $180,500
2022 $4,740 $428,200 $0 $0
2021 $4,560 $424,700 $0 $0
2020 $4,560 $421,200 $251,200 $170,000
2019 $4,539 $421,200 $251,200 $170,000
2018 $4,539 $421,200 $251,200 $170,000
2017 $4,654 $423,900 $0 $0
2016 -- $410,767 $0 $0
2015 $4,958 $397,633 $0 $0
2014 $4,958 $384,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2170330

Bright MLS

APN: 01-02007844