NOT LISTED FOR SALE

305 Central Ave Gaithersburg, MD 20877

Estimated Value: $834,000 - $974,000

0.46 Acre
$1,902,274 Price per Acre
20,038 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $230,000

Est. 280% increase in value since last sale

Current estimated payment $5,411/month

About This Lot

As of December 2020

Home is to be built! Build your dream home in the heart of Montgomery County! 8 stunning lots available from .50 acres to .75 acres. Priced starting at the high $500's. 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. Model featured is from the Hometown Collection with a modern farmhouse style called the Kensington. Sizes from 1977-3828 Sq Ft. and up to 5 bedrooms with 3.5 bathrooms. 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: 11/18/2020

RE/MAX Realty Group

Last Buyer's Agent

Claudia MacDonald

Redfin Corp License #667164

Redfin Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,906

Lot Details

  • 0.46 Acre Lot

Community Details

  • No Home Owners Association
  • Oakmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160903807124

Property Details

Property Type

Land

Est. Annual Taxes

$1,906

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Home is to be built! Build your dream home in the heart of Montgomery County! 8 stunning lots available from .50 acres to .75 acres. Priced starting at the high $500's. 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. Model featured is from the Hometown Collection with a modern farmhouse style called the Kensington. Sizes from 1977-3828 Sq Ft. and up to 5 bedrooms with 3.5 bathrooms. Work with award winning Mitchell & Best Builders to make your dream a reality today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 11.50
  • Street Number Modifier: 305

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 22336581
  • Tax Annual Amount: 1906.33
  • Assessor Parcel Number: 160903807124
  • Tax Year: 2020
  • Close Date: 12/31/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 29, 2020
Sold by
Mb Becraft Llc
Bought by
Christensen Holly and Christensen Adam
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Claudia MacDonald
Redfin Corp
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$875,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,046
Avg. Annual Appreciation
32.98%
Original Mortgage
$592,497
Interest Rate
3.1%
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
Christensen Holly $230,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Holly $592,497
Previous Owner Mb Becraft Llc $1,772,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $230,000 0.0% --
11/18/2020 11/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $230,000 -- --
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 $7,841 $695,067 -- --
2024 $7,841 $654,133 $0 $0
2023 $7,359 $613,200 $172,800 $440,400
2022 $6,974 $605,833 $0 $0
2021 $3,810 $172,800 $172,800 $0
2020 $3,813 $172,800 $172,800 $0
2019 $1,905 $172,800 $172,800 $0
2018 $1,909 $172,800 $172,800 $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

    538 Total Sales

    Nathan Dart
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Map

Source: Bright MLS

MLS Number: MDMC735700

Bright MLS

APN: 09-03807124

Maryland Montgomery County Gaithersburg 20877

305 Central Ave, Gaithersburg, MD

This home is located at 305 Central Ave, Gaithersburg, MD 20877 since 18 November 2020 and is currently estimated at $875,046. 305 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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