NOT LISTED FOR SALE

538 Market St E Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $787,000 - $846,851

4 Beds
3.5 Baths
2,672 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $744,888 $279 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,169/month

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Rachel Carson Elementary School Rated A
  • Community Lake
  • Contemporary Architecture

About This Home

As of December 2023

Over 2600 square feet of finished living space on three levels: 4 bedrooms, 3 full bathrooms, 1 half-bath, 9+ft Ceilings, Hardwood/Tiled floors (2 levels), home gym/office, walk-in storage, upstairs laundry, and a generously sized detached 2-car garage. In the heart of the Lakelands: steps away from multiple playgrounds and tot lots; walking/biking trails; year-round community clubhouse with well-equipped fitness center and meeting rooms; basketball, pickleball and tennis courts; and the amazing shopping, dining, entertainment and amenities of walkable downtown Kentlands. Less than ten minutes from I-270, Shady Grove METRO, ICC, NIST, AstraZeneca and both Crown and Rio shopping and entertainment areas. Award winning Montgomery County Public Schools. Entry Level/Main Floor: Foyer with half-bath; Open concept floor plan with spacious living rooms and a formal dining room with crown molding and chair rail, Large eat-in kitchen w/ island, Light-filled morning room w/gas fireplace. 2018 GE Profile slate-gray appliances.
Second Floor: Large primary bedroom w/ walk in closet; Light-filled primary bath ensuite with soaking tub and separate shower; Two additional bedrooms with closet organization systems sharing a 2nd full bath with shower/tub. Walk-in laundry room with stacked 2021 Samsung HE front-loading w/d and a full wall of shelved storage space
Finished Basement (Carpet): Generously sized gym/office; Large 4th bedroom (w/legal egress 2019); Full hall bath with shower/tub; Large bonus room; Walk-in storage room with sump-pump.
HOME UPGRADES/IMPROVEMENTS (since 2018)
Legal Exterior Egress Window installed/4th bedroom (2019)
50 gal high recovery Bradford White Water Heater with expansion tank (2018)
GarageTek organization system installed (2019)
Entire HVAC: American Standard equipment including Dual AC units, Heat Pump, and Furnace (2020)
EnviroAire Germicidal UV light Whole Home Air Purification System (2020)
Updated LED light fixtures throughout (color changeable and dimmable when used with a dimmer-switch)
Thompson Creek Window Replacements (2020):
All front-facing windows, including bow window, Sound Shield Energy Efficient Windows
Kitchen window replaced with slider
Custom shutters installed on living room bow-window
Vivint Smart Home Security System (panel/equipment upgrade, 2023)

Last Agent to Sell the Property

Alex Hodges

(703) 819-1023 alex.hodges@yahoo.com Cottage Street Realty LLC Listed on: 11/09/2023

Last Buyer's Agent

Russell Chandler

(240) 988-7609 russell.chandler@redfin.com Redfin Corp

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 2003

Lot Details

  • 1,900 Sq Ft Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 1 Driveway Space
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Low VOC Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Recessed Lighting
  • Corner Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Replacement Windows
  • Insulated Windows
  • Double Hung Windows
  • Bay Window
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Flush Toilets
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Partially Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Sump Pump
  • Shelving
  • Space For Rooms
  • Workshop
  • Basement Windows

Home Security

  • Exterior Cameras
  • Motion Detectors

Accessible Home Design

  • More Than Two Accessible Exits

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Air Purifier
  • Air Cleaner

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Filtration System
  • Coal Stove
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Water Dispenser
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 160903324517
  • $410 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, snow removal, reserve funds, trash, lawn care front, lawn maintenance, management, pool(s), recreation facility
  • Built by Ryan Homes
  • Lakelands Subdivision, Tarquin Floorplan
  • Property Manager
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Infinity Pool
  • Community Pool with Domestic Water
  • Lap or Exercise Community Pool
  • Jogging Path
  • Bike Trail

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,449

Year Built

Built in 2003

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Air Cleaner, Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Dual Flush Toilets, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Dispenser, Water Heater - High-Efficiency
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Partially Carpeted
  • Interior Amenities: Dining Area, Crown Moldings, Air Filter System, Attic, Attic/House Fan, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Stove - Coal, Store/Office, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Bay/Bow, Double Hung, Energy Efficient, Energy Star Qualified, Low-E, Insulated, Screens, Sliding, Replacement
  • Fireplace Features: Mantel(s), Corner, Gas/Propane, Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: High, 9'+ Ceilings, Tray Ceilings, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Workshop, Windows, Daylight, Partial, Heated, Improved, Interior Access, Partially Finished, Shelving, Space For Rooms, Sump Pump
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2822
  • Living Area Sq Ft: 2672
  • Price Per Sq Ft: 390.40
  • Above Grade Finished Sq Ft: 1908
  • Below Grade Finished Sq Ft: 764
  • Below Grade Sq Ft: 150
  • Total Below Grade Sq Ft: 914
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 538

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding, Low Voc Insulation
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Paved Parking
  • Garage Features: Garage Door Opener, Additional Storage Area, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Whole House Fan, Zoned, Programmable Thermostat, Air Purification System, Energy Star Cooling System
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Energy Star Heating System, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Sprinkler System - Indoor, Smoke Detector, Motion Detectors, Fire Detection System, Exterior Cameras, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic, LTE, Satellite

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Jog/Walk Path, Lake, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Reserve Funds, Trash, Lawn Care Front, Lawn Maintenance, Management, Pool(s), Recreation Facility
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground, Lap/Exercise, Domestic Water, Fenced, Negative Edge/Infinity

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1900.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: Ryan Homes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7448.70
  • Assessor Parcel Number: 160903324517
  • Tax Lot: 87
  • Tax Total Finished Sq Ft: 2444
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/29/2023

Multi Family

  • Front Foot Fee: 410.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 27, 2023
Sold by
Dietrich Allison W and Dietrich Christine N
Bought by
Myles Jermaine Diara and Wanton Elsie It
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Russell Chandler
Redfin Corp
List Price
$744,888
Sold Price
$744,888
Views
66
Current Estimated Value
$815,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,825
Avg. Annual Appreciation
5.27%
Original Mortgage
$595,910
Outstanding Balance
$586,134
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$229,579

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 17, 2018
Sold by
Megale Alexandre and Megale Larissa Vale
Bought by
Deitrich Allison W and Deitrich Christine N
Seller's Agent
Deborah Gladstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Ladda Cole
Samson Properties
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$496,631
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 16, 2016
Sold by
Geschmay Edward S and Geschmay Sondra
Bought by
Megale Alexandre and Megale Larissa Vale Scalon
Seller's Agent
Henny van Gogh
Keller Williams Capital Properties
Buyer's Agent
Annie Llewellyn
Long & Foster Real Estate, Inc.
List Price
$629,999
Sold Price
$620,000
Premium/Discount to List
-$9,999
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.56%
Original Mortgage
$598,300
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2010
Sold by
Goodman Seth Benjamin and Goodman Kelly K
Bought by
Geschmay Edward S and Geschmay Sondra

Purchase Details

Closed on
Nov 9, 2006
Sold by
Goldberg Jeffrey A and Goldberg Rachel B
Bought by
Goodman Seth Benjamin and Goodman Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Goldberg Jeffrey A and Goldberg Rachel B
Bought by
Goodman Seth Benjamin and Goodman Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Goldberg Jeffrey A and Goldberg Rachel B
Source: Public Records

Range of Values:

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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
Myles Jermaine Diara $744,888 Title Forward
Myles Jermaine Diara $744,888 Title Forward
Deitrich Allison W $545,000 Brennan Title Co
Megale Alexandre $620,000 Rgs Title Llc
Geschmay Edward S $550,000 --
Goodman Seth Benjamin $631,000 --
Goodman Seth Benjamin $631,000 --
Goldberg Jeffrey A $395,549 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myles Jermaine Diara $595,910
Closed Myles Jermaine Diara $595,910
Previous Owner Deitrich Allison W $496,631
Previous Owner Megale Alexandre $598,300
Previous Owner Goodman Seth Benjamin $504,800
Previous Owner Goodman Seth Benjamin $63,000
Previous Owner Goodman Seth Benjamin $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $744,888 0.0% $279 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $744,888 +36.7% $279 / Sq Ft
01/17/2018 01/17/18 Sold $545,000 -0.9% $286 / Sq Ft View Prior Sale
12/06/2017 12/06/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $550,000 -11.3% $289 / Sq Ft
05/28/2016 05/28/16 Sold $620,000 0.0% $254 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/14/2016 04/14/16 Price Changed $619,999 -1.6% $254 / Sq Ft
03/18/2016 03/18/16 For Sale $629,999 -- $258 / 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 $8,435 $646,433 -- --
2024 $8,435 $627,467 $0 $0
2023 $7,449 $608,500 $300,000 $308,500
2022 $7,174 $602,900 $0 $0
2021 $7,136 $597,300 $0 $0
2020 $7,031 $591,700 $300,000 $291,700
2019 $6,786 $573,067 $0 $0
2018 $6,571 $554,433 $0 $0
2017 $6,417 $535,800 $0 $0
2016 $6,464 $526,700 $0 $0
2015 $6,464 $517,600 $0 $0
2014 $6,464 $508,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Hodges

    Seller's Agent in 2023

    Alex Hodges

    Cottage Street Realty LLC

    (703) 819-1023

    1 in this area

    599 Total Sales

    Alex Hodges
    Section Image
  • Deborah Gladstein

    Seller's Agent in 2018

    Deborah Gladstein

    BHHS PenFed (actual)

    (301) 980-4027

    6 in this area

    26 Total Sales

    Deborah Gladstein
    Section Image
  • Ladda Cole

    Buyer's Agent in 2018

    Ladda Cole

    Samson Properties

    (240) 485-8150

    2 Total Sales

    Ladda Cole
    Section Image

  • H

    Seller's Agent in 2016

    Henny van Gogh

    Keller Williams Capital Properties

    Section Image

  • A

    Buyer's Agent in 2016

    Annie Llewellyn

    Long & Foster

    (240) 876-9990

    Annie Llewellyn
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2112498

Bright MLS

APN: 09-03324517

Maryland Montgomery County Gaithersburg 20878 Kentlands

538 Market St E, Gaithersburg, MD

This home is located at 538 Market St E, Gaithersburg, MD 20878 since 09 November 2023 and is currently estimated at $815,713, approximately $305 per square foot. This property was built in 2003. 538 Market St E is a home located in Montgomery County with nearby schools including Rachel Carson Elementary School, Lakelands Park Middle School, and Quince Orchard High School.

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