NOT LISTED FOR SALE

4230 Damascus Rd Gaithersburg, MD 20882

Estimated Value: $1,292,000 - $1,744,000

20 Acres
$74,460 Price per Acre
871,200 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $1,600,000 $610 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,475/month

42 Days on Market

Highlights

  • 20 Acre Lot
  • No HOA
  • Spring water is a source of water for the property
  • Laytonsville Elementary School Rated A-

About This Lot

As of January 2024

Welcome to 4230 Damascus Road! Three Springs Nursery was developed in 1987 as a horticultural nursery. This property features a custom built home centrally located on the property and nestled on 20 acres, and the grounds afford privacy with ample space for various outdoor recreational activities and the opportunity to enjoy the streams, forests, meadows and diverse natural areas of the mature landscape. There is 3,624 +/- square feet of living space, two beautiful porches, slate patio, gorgeous open sunroom with spectacular views. Other features include: First floor primary bedroom with walk-in closet and adjoining large primary bath, two fireplaces, (one stone from floor to ceiling in the living room and one wood stove in the reading/den room). There are three additional bedrooms on the upper level. The first level also features a laundry/mudroom with outside entrance. This home has three fully finished levels, a large detached garage with huge loft. There are multiple large detached buildings with separate workshops, field offices and equipment storage. For outdoor lovers, there is a three hole golf course, synthetic putting green, basketball court, 1220 square foot flagstone patio with stone seat wall and large Ipe wood deck. An equestrian easement abutting and within the rear of the property connects to a well-maintained, extended equestrian easement between the Sundown Hills Subdivision. The property has walking trails, spring fed streams and two wells. The property is equidistant to Washington D.C. , Baltimore and Frederick, Maryland. Although the property is a Maryland Certified Nursery and is inspected annually by the Maryland Department of Agriculture, the Seller does not warrant or guaranty any commercial uses that a potential Purchaser intends to implement.

Last Agent to Sell the Property

Douglas Miller

Miller Realty Services, LLC Listed on: 10/31/2023

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,995

Lot Details

  • 20 Acre Lot

Schools

  • Laytonsville Elementary School
  • Gaithersburg Middle School
  • Gaithersburg High School

Utilities

  • Spring water is a source of water for the property
  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sundown Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160101809246

Property Details

Property Type

Land

Est. Annual Taxes

$5,995

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Wholesale
  • Historic: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 2.03
  • Street Number Modifier: 4230

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Sewer/Septic System: Private Septic Tank, On Site Septic
  • Water Source: Spring, Well

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LAYTONSVILLE
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: LAYTONSVILLE
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Lot Info

  • Additional Parcels: No
  • Land Use Code: A
  • Lot Size Acres: 20.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871200.00
  • Year Assessed: 2023
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5995.00
  • Assessor Parcel Number: 160101809246
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/23/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 23, 2024
Sold by
Balderson Andrew H and Balderson Linda P
Bought by
Thompson Treeland Llc
Seller's Agent
Douglas Miller
Miller Realty Services, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,770,000
Sold Price
$1,600,000
Premium/Discount to List
-$170,000
-9.6%
Views
207
Current Estimated Value
$1,489,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,794
Avg. Annual Appreciation
-4.26%
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 Buyer Sale Price Title Company
Thompson Treeland Llc $1,600,000 None Listed On Document
Thompson Treeland Llc $1,600,000 Passport Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balderson Andrew H $50,000
Previous Owner Balderson Andrew H $15,000
Previous Owner Balderson Andrew H $370,000
Previous Owner Balderson Andrew H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $1,600,000 0.0% $610 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/04/2023 12/04/23 Off Market $1,600,000 -- --
10/31/2023 10/31/23 For Sale $1,770,000 -- $674 / 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 $6,493 $561,167 -- --
2024 $6,493 $519,933 $0 $0
2023 $5,303 $478,700 $172,600 $306,100
2022 $5,057 $478,567 $0 $0
2021 $4,975 $478,433 $0 $0
2020 $4,975 $478,300 $172,600 $305,700
2019 $4,960 $478,300 $172,600 $305,700
2018 $4,961 $478,300 $172,600 $305,700
2017 $6,345 $592,700 $0 $0
2016 -- $583,233 $0 $0
2015 $7,009 $573,767 $0 $0
2014 $7,009 $564,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2111954

Bright MLS

APN: 01-01809246