Seller's Agent in 2025
Karen Maraia
Coldwell Banker (NRT-Southeast-MidAtlantic)
(301) 661-7203
2 in this area
40 Total Sales
8 Russell Ave Unit 201 Gaithersburg, MD 20877
2
Beds
2
Baths
1,151
Sq Ft
$520/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Breakfast Area or Nook
- Open Floorplan
- Hydromassage or Jetted Bathtub
- 4-minute walk to Constitution Gardens Park
About This Home
As of January 2025Offer Deadline Monday at 3:00pm. Nestled in the heart of the charming Old Town Gaithersburg, this boutique elevator condo offers the perfect blend of modern convenience and classic allure. Step inside and you will find the spacious dine-in kitchen, where gleaming stainless steel appliances and ample counter space create an inviting culinary experience. The open floor plan seamlessly flows from the bright, airy living room into the separate dining area, allowing for easy entertaining and comfortable daily living. Adding to the home's appeal, the dining room and second bedroom both boast access to a private balcony. Retreat to the primary suite, where a luxurious spa-like bathroom awaits, complete with indulgent features to help you unwind after a busy day. Throughout the home, the rich hardwood floors lend a timeless elegance, while the in-unit washer and dryer ensure your chores are a breeze. Pet owners will delight in the building's friendly pet policy, and the included garage parking offers the convenience of secure, covered storage. Commuters will appreciate the exceptional transportation options, with the MARC train station less than half a mile away and the Shady Grove Metro just 3.2 miles down the road, making it effortless to access the wider DC metro area. This boutique condo truly offers the best of both worlds - the charming character of Old Town Gaithersburg combined with modern comforts and amenities to elevate your lifestyle.
Last Agent to Sell the Property
(301) 661-7203 kmaraia@cbmove.com Coldwell Banker Realty License #101579 Listed on: 12/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,052
Year Built
- Built in 1988
Lot Details
- 1 Common Wall
- Property is in excellent condition
HOA Fees
- $520 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Open Parking Space
- Parking Lot
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 1,151 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160902889210
Community Details
Overview
- Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, fiber optics at dwelling, insurance, reserve funds, trash, water
- 1 Elevator
- Low-Rise Condominium
- No. 8 Russell Ave Codm Condos
- No 8 Russell Ave Community
- Property Manager
Amenities
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2024
Closed on
Jan 15, 2025
Sold by
Raufaste Colleen D
Bought by
Armstrong-Brown Living Trust and Brown
Seller's Agent
Karen Maraia
Coldwell Banker Realty
Buyer's Agent
Frank Sanya
Market Leaders Realty Group
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Views
107
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
$74
Avg. Annual Appreciation
1.21%
Purchase Details
Listed on
Jul 9, 2014
Closed on
Sep 4, 2014
Sold by
Bonilla Damaris M
Bought by
Raufaste Colleen D
Seller's Agent
Carla Viviano
Viviano Realty
Buyer's Agent
Karen Maraia
Coldwell Banker Realty
List Price
$179,900
Sold Price
$174,725
Premium/Discount to List
-$5,175
-2.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$165,988
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2005
Sold by
Camper Scott
Bought by
Bonilla Damaris M
Purchase Details
Closed on
Aug 29, 2003
Sold by
Bonilla Damaris M
Bought by
Camper Scott
Purchase Details
Closed on
Nov 26, 2001
Sold by
Pimentel Elsa A
Bought by
Bonilla Damaris M
Purchase Details
Closed on
May 8, 2000
Sold by
Thomas John S
Bought by
Pimentel Elsa A
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | Stewart Title | |
| Deed | $260,000 | Stewart Title | |
| Deed | $174,725 | Multiple | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $128,000 | -- | |
| Deed | -- | -- | |
| Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,988 | New Conventional | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $260,000 | +2.0% | $226 / Sq Ft |
| 12/02/2024 12/02/24 | For Sale | $255,000 | +45.9% | $222 / Sq Ft |
| 09/04/2014 09/04/14 | Sold | $174,725 | -2.9% | $152 / Sq Ft |
| 07/16/2014 07/16/14 | Pending | -- | -- | -- |
| 07/09/2014 07/09/14 | For Sale | $179,900 | -- | $156 / Sq Ft |
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 | $2,052 | $170,000 | -- | -- |
| 2024 | $2,052 | $150,000 | $0 | $0 |
| 2023 | $1,091 | $130,000 | $39,000 | $91,000 |
| 2022 | $1,596 | $126,667 | $0 | $0 |
| 2021 | $1,933 | $123,333 | $0 | $0 |
| 2020 | $1,837 | $120,000 | $36,000 | $84,000 |
| 2019 | $923 | $120,000 | $36,000 | $84,000 |
| 2018 | $924 | $120,000 | $36,000 | $84,000 |
| 2017 | $958 | $120,000 | $0 | $0 |
| 2016 | $1,798 | $120,000 | $0 | $0 |
| 2015 | $1,798 | $120,000 | $0 | $0 |
| 2014 | $1,798 | $180,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Maraia
-
Frank Sanya
F
Buyer's Agent in 2025
Frank Sanya
Market Leaders Realty Group
(301) 254-3122
2 in this area
19 Total Sales
-
Carla Viviano
Seller's Agent in 2014
Carla Viviano
Viviano Realty
(301) 221-5379
197 Total Sales
-
Michelle McLeod
Seller Co-Listing Agent in 2014
Michelle McLeod
Samson Properties
(301) 466-0617
2 in this area
42 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2157260
APN: 09-02889210
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