NOT LISTED FOR SALE

450 Market St E Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $643,000 - $841,000

3 Beds
3.5 Baths
1,960 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2012

Last sale price $525,000 $268 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,115 / mo

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Rachel Carson Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2025

Beautiful three-level cottage bathed in bright, natural light. 3 bedrooms and 3.5 baths. Spacious 6-foot+ bump-outs on all levels. Airy, open floor-plan on main level with 9-foot ceilings and beautiful hardwood floors. Updated kitchen with granite countertops, stainless steel appliances, and island/breakfast bar. Owner's Suite on upper level with vaulted ceilings and spa bath with large tub and separate shower. Additional bedroom on upper level with full bath. Private bedroom/office with full bath on 1st level. Attached 1-car garage. Porch and 2nd floor balcony for barbecues, relaxing, and outdoor living. Appreciate living within walking distance of restaurants, cafes, grocery stores, and schools. Relax and stay fit by using the nearby trails (including around the lakes), pool, and recreation complex. In this gorgeous home, you'll become part of a welcoming community in a convenient location (near 270, 370, 200, and bus to metro).

Last Agent to Rent the Property

Jing Liu

(301) 540-2232 jingliuhomes@gmail.com RE/MAX Town Center Listed on: 03/14/2025

RE/MAX Town Center

Last Renter's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 3,215 Sq Ft Lot
  • Property is zoned MXD

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Cottage
  • Bump-Outs
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Wood Flooring
  • Front Loading Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • Tenant pays for all utilities, lawn/tree/shrub care
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/18/25
  • Assessor Parcel Number 160903325226

Community Details

Overview

  • Lakelands Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

3,215 Sq Ft Lot

Parking

1

Rental Info

  • Date Available: 2025-03-18
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Lawn/Tree/Shrub Care
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cottage
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-03-14
  • Year Built: 2002
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Cooktop, Exhaust Fan
  • Interior Amenities: Breakfast Area, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2302
  • Living Area Sq Ft: 1960
  • Price Per Sq Ft: 2.26
  • Above Grade Finished Sq Ft: 1552
  • Below Grade Finished Sq Ft: 408
  • Below Grade Sq Ft: 342
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bump-Outs, Satellite Dish, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3215.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es)
  • Zoning: MXD

Tax Info

  • Assessor Parcel Number: 160903325226

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
May 16, 2012
Sold by
Collins James W
Bought by
Chen Zhi Long and Xiang Lan
Seller's Agent
James Kuo
Cherry Realty
Buyer's Agent
Cynthia Wilson
RE/MAX Metropolitan Realty
Sold Price
$2,750
Current Estimated Value
$818,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,381
Avg. Annual Appreciation
2.76%
Original Mortgage
$370,000
Outstanding Balance
$256,354
Interest Rate
3.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$513,010

Purchase Details

Closed on
May 22, 2007
Sold by
Mathew Ninan A
Bought by
Collins James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2007
Sold by
Mathew Ninan A
Bought by
Collins James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Main Street Homes At Lakelands Llc
Bought by
Mathew Ninan A and Mathew Sunitha Menon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chen Zhi Long $525,000 Direct Title Inc
Collins James W $549,000 --
Collins James W $549,000 --
Mathew Ninan A $343,871 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chen Zhi Long $370,000
Previous Owner Collins James W $165,000
Previous Owner Collins James W $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $3,500 0.0% --
03/14/2025 03/14/25 For Rent $3,500 +6.1% --
10/02/2023 10/02/23 Rented $3,300 0.0% --
09/02/2023 09/02/23 For Rent $3,300 +20.0% --
06/13/2012 06/13/12 Rented $2,750 -99.5% --
06/10/2012 06/10/12 Under Contract -- -- --
05/16/2012 05/16/12 Sold $525,000 0.0% $268 / Sq Ft View Prior Sale
05/16/2012 05/16/12 For Rent $2,750 0.0% --
03/21/2012 03/21/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $539,900 -- $275 / Sq Ft
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 $8,148 $618,800 -- --
2024 $8,148 $607,900 -- --
2023 $8,651 $597,000 $362,300 $234,700
2022 $7,067 $597,000 $362,300 $234,700
2021 $7,161 $597,000 $362,300 $234,700
2020 $7,161 $604,600 $362,300 $242,300
2019 $6,854 $581,000 $0 $0
2018 $6,579 $557,400 $0 $0
2017 $6,368 $533,800 $0 $0
2016 -- $518,133 $0 $0
2015 $6,390 $502,467 $0 $0
2014 $6,390 $486,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jing Liu

    Landlord's Agent in 2025

    Jing Liu

    RE/MAX

    (301) 215-0629

    1 in this area

    31 Total Sales

    Jing Liu
    Section Image
  • Mike Aubrey

    Seller's Agent in 2012

    Mike Aubrey

    Berkshire Hathaway HomeServices PenFed Realty

    (301) 873-9807

    17 in this area

    370 Total Sales

    Mike Aubrey
    Section Image

  • J

    Seller's Agent in 2012

    James Kuo

    Cherry Realty

  • C

    Buyer's Agent in 2012

    Cynthia Wilson

    RE/MAX Metropolitan Realty

See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2169838

Bright MLS

APN: 09-03325226

Maryland Montgomery County Gaithersburg 20878 Kentlands

450 Market St E, Gaithersburg, MD

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