NOT LISTED FOR SALE

401 N Frederick Ave Gaithersburg, MD 20877

Estimated Value: $12,219,394

Studio
-- Bath
28,669 Sq Ft
$426/Sq Ft Est. Value

About This Home

This home is located at 401 N Frederick Ave, Gaithersburg, MD 20877 and is currently estimated at $12,219,394, approximately $426 per square foot. 401 N Frederick 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
May 30, 2019
Sold by
Frederick Ave Shopping Ctr Gaithersburg
Bought by
401 Frederick Gaithersburg Md Llc
Current Estimated Value
$12,219,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,368,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2002
Sold by
Cr Frederick Ave Llc
Bought by
Frederick Ave Shopping Ctr and Gaithersburg Md Ltd Ptnshp

Purchase Details

Closed on
Mar 22, 2001
Sold by
Safeway Inc
Bought by
Cr Frederick Ave Llc

Purchase Details

Closed on
Mar 16, 2001
Sold by
Property Dev Assoc
Bought by
Safeway Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
401 Frederick Gaithersburg Md Llc -- Old Republic Natl Ttl Ins Co
Frederick Ave Shopping Ctr $5,000,000 --
Cr Frederick Ave Llc $3,550,000 --
Safeway Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 401 Frederick Gaithersburg Md Llc $6,368,000
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 $121,036 $8,509,933 -- --
2024 $121,036 $8,431,633 $0 $0
2023 $94,195 $6,400,000 $2,564,400 $3,835,600
2022 $92,202 $6,400,000 $2,564,400 $3,835,600
2021 $123,706 $6,400,000 $2,564,400 $3,835,600
2020 $108,260 $7,702,500 $2,564,400 $5,138,100
2019 $103,389 $7,301,667 $0 $0
2018 $98,171 $6,900,833 $0 $0
2017 $91,921 $6,500,000 $0 $0
2016 -- $6,300,000 $0 $0
2015 $82,293 $6,319,833 $0 $0
2014 $82,293 $5,900,000 $0 $0
Source: Public Records

Map

Maryland Montgomery County Gaithersburg 20877

401 N Frederick Ave, Gaithersburg, MD

Not Listed for Sale

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