NOT LISTED FOR SALE

412 N Frederick Ave Gaithersburg, MD 20877

Estimated Value: $1,010,100

0.39 Acres
$2,590,000 Price per Acre
16,946 Sq Ft Lot

Sale Details

Date Sold: December 28, 2023

Last sale price $950,000

Est. 6% increase in value since last sale

Current estimated payment $5,439 / mo

462 Days on Market

About This Lot

As of December 2023

vacant 16,946 square foot lot ready for development. Motivated seller so bring all offers. great corner location fronting on 355 at intersection with Dalamar Street, across the street from 7-11 and Popeyes and next to an Exxon Gas Station.

Last Agent to Sell the Property

Jack Alexander

(301) 961-9696 jalexander@amrcommercial.com AMR Commercial, LLC Listed on: 08/02/2022

Last Buyer's Agent

Jack Alexander

(301) 961-9696 jalexander@amrcommercial.com AMR Commercial, LLC Listed on: 08/02/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,207

Lot Details

  • 16,946 Sq Ft Lot
  • Property is zoned CD - CORRIDOR DEVELOPMENT

Utilities

  • Public Hookup Available For Water

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160900817673

Property Details

Property Type

Land

Est. Annual Taxes

$14,207

Lot Details

0.39 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 56.06

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 Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16946.00
  • Zoning: CD - CORRIDOR DEVELOPMENT
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14207.00
  • Assessor Parcel Number: 160900817673
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Dec 28, 2023
Sold by
412 North Frederick Limited Liability Co
Bought by
7 Dalamar Street Llc
Seller's Agent
Jack Alexander
AMR Commercial, LLC
Buyer's Agent
Jack Alexander
AMR Commercial, LLC
List Price
$950,000
Sold Price
$950,000
Views
194
Current Estimated Value
$1,010,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,100
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lisan Llc
Bought by
412 North Frederick Limited and Liability Company

Purchase Details

Closed on
Feb 5, 2003
Sold by
Sheahin Mary M
Bought by
Lisan Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 Dalamar Street Llc $950,000 Rgs Title
7 Dalamar Street Llc $950,000 Rgs Title
412 North Frederick Limited $1,100,000 --
Lisan Llc $450,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $950,000 0.0% --
08/02/2022 08/02/22 For Sale $950,000 -- --
Source: Bright MLS

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 $549 -- -- --
2024 $549 $0 $0 $0
2023 $0 $1,130,400 $1,129,400 $1,000
2022 $14,207 $1,086,933 $0 $0
2021 $13,132 $1,043,467 $0 $0
2020 $13,132 $1,000,000 $999,000 $1,000
2019 $13,172 $1,579,433 $0 $0
2018 $19,824 $1,520,967 $0 $0
2017 $19,293 $1,462,500 $0 $0
2016 $15,861 $1,398,967 $0 $0
2015 $15,861 $1,335,433 $0 $0
2014 $15,861 $1,271,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Alexander

    Seller's Agent in 2023

    Jack Alexander

    AMR Commercial, LLC

    (301) 961-0096

    2 in this area

    27 Total Sales

    Jack Alexander
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Map

Source: Bright MLS

MLS Number: MDMC2063786

Bright MLS

APN: 09-00817673

Maryland Montgomery County Gaithersburg 20877

412 N Frederick Ave, Gaithersburg, MD

Not Listed for Sale

Lots

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