J
Seller's Agent in 2024
Jami Rankin
Redfin Corp
418 E Diamond Ave Gaithersburg, MD 20877
Estimated Value: $739,586
5
Beds
4
Baths
2,954
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- 0.45 Acre Lot
- No HOA
- Forced Air Heating System
- Victorian Architecture
- Ramp on the main level
- Wood Siding
About This Home
As of July 2024Located in Olde Towne Gaithersburg this 1912 Victorian is zoned Central Business District. It features an 1,854 sq ft 2-level commercial space that features ramp access, reception desk, flexible work spaces & two half baths. Most recently used as a chiropractors office. It also has a spacious 1,100 square foot 2BR/2BA apartment that is completely seperate from the commercial space. The apt features a private outdoor deck area, rear entrance, high ceilings & tons of natural light. Flexible space could be great investment or opportunity for a business owner who wants to live on-site in the apt or use the apt as an income generator. Driveway leads to large parking lot that accommodates 10+ cars.
Last Agent to Sell the Property
Jami Rankin
(202) 438-1526 jami@jamirankin.com Redfin Corp License #324843 Listed on: 04/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,951
Year Built
- Built in 1915
Lot Details
- 0.45 Acre Lot
- Property is in good condition
- Property is zoned CBD
Home Design
- Victorian Architecture
- Wood Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Dirt Floor
- Laundry in unit
Bedrooms and Bathrooms
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Driveway
- Parking Lot
Accessible Home Design
- Ramp on the main level
Schools
- Harriet R. Tubman Elementary School
- Forest Oak Middle School
- Gaithersburg High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Back Up Electric Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Gaithersburg Town Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 160903097235
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2024
Closed on
Jul 19, 2024
Sold by
Steven E Clark Revocable Trust and Clark Andrew
Bought by
Mcm Mmxxiv Llc
Seller's Agent
Jami Rankin
Redfin Corp
Buyer's Agent
Michele Cook
EXP Realty, LLC
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,414
Avg. Annual Appreciation
-0.92%
Original Mortgage
$600,000
Outstanding Balance
$592,834
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$146,752
Purchase Details
Closed on
Oct 28, 2008
Sold by
Clark Steven E
Bought by
Clark Steven E Trustee
Purchase Details
Closed on
Aug 18, 2008
Sold by
Clark Steven E
Bought by
Clark Steven E Trustee
Purchase Details
Closed on
Apr 1, 2003
Sold by
Clark Steven E and Clark P D
Bought by
Clark Steven E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcm Mmxxiv Llc | $750,000 | First American Title | |
| Mcm Mmxxiv Llc | $750,000 | First American Title | |
| Clark Steven E Trustee | -- | -- | |
| Clark Steven E Trustee | -- | -- | |
| Clark Steven E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcm Mmxxiv Llc | $600,000 | |
| Closed | Mcm Mmxxiv Llc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $750,000 | -14.3% | $254 / Sq Ft |
| 04/06/2024 04/06/24 | For Sale | $875,000 | 0.0% | $296 / Sq Ft |
| 02/06/2015 02/06/15 | Rented | $1,600 | 0.0% | -- |
| 02/06/2015 02/06/15 | Under Contract | -- | -- | -- |
| 01/10/2015 01/10/15 | For Rent | $1,600 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,598 | $855,833 | -- | -- |
| 2024 | $11,598 | $822,167 | $0 | $0 |
| 2023 | $10,951 | $788,500 | $267,400 | $521,100 |
| 2022 | $10,540 | $777,233 | $0 | $0 |
| 2021 | $10,249 | $765,967 | $0 | $0 |
| 2020 | $10,249 | $754,700 | $267,400 | $487,300 |
| 2019 | $10,214 | $749,967 | $0 | $0 |
| 2018 | $10,160 | $745,233 | $0 | $0 |
| 2017 | $9,615 | $740,500 | $0 | $0 |
| 2016 | $9,010 | $709,300 | $0 | $0 |
| 2015 | $9,010 | $678,100 | $0 | $0 |
| 2014 | $9,010 | $646,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jami Rankin
-
Michele Cook
Buyer's Agent in 2024
Michele Cook
EXP Realty, LLC
(240) 899-0480
1 in this area
36 Total Sales
-
Suzanne Fields CCIM | ALC | CHRE
Seller's Agent in 2015
Suzanne Fields CCIM | ALC | CHRE
Ultra Real Estate
(703) 759-2600
17 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2126864
APN: 09-03097235
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