NOT LISTED FOR SALE

8 Russell Ave Unit 409 Gaithersburg, MD 20877

Estimated Value: $261,000 - $282,440

2 Beds
2 Baths
1,151 Sq Ft
$485/mo HOA Fee

Last Sold September 07, 2023

Last sale price $245,555 $213 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,140/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 4-minute walk to Constitution Gardens Park
  • 4 Garage Spaces | 2 Attached and 2 Detached

About This Home

As of September 2023

Beautiful Top Floor ELEVATOR Unit. Balcony faces courtyard and beautiful mature tree. Interior of unit has been completely updated. New kitchen and baths. Updated flooring throughout. 2 nice sized bedrooms and 2 full baths. Laundry located within the unit. This one shines.

Last Agent to Sell the Property

Peggy Patschak

Real Estate Innovations Listed on: 06/07/2023

Real Estate Innovations

Last Buyer's Agent

Andrew Hopley

Keller Williams Realty Centre License #SP200201373

Keller Williams Realty Centre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1988

Lot Details

  • 44

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,151 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902889471

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1988

Lot Details

0

HOA Fees

$485 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-07
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1151
  • Living Area Sq Ft: 1151
  • Price Per Sq Ft: 208.08
  • Above Grade Finished Sq Ft: 1151
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Basement Garage, Covered Parking
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Detached Garage, Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 485.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1694.00
  • Assessor Parcel Number: 160902889471
  • Tax Total Finished Sq Ft: 1151
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/07/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 7, 2023
Sold by
Mena Jose A and Mena Kristine D
Bought by
Turner Marie C
Seller's Agent
Peggy Patschak
Real Estate Innovations
Buyer's Agent
Andrew Hopley
Keller Williams Realty Centre
List Price
$239,500
Sold Price
$245,555
Premium/Discount to List
$6,055
2.53%
Views
283
Current Estimated Value
$269,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,555
Avg. Annual Appreciation
4.73%
Original Mortgage
$238,188
Outstanding Balance
$233,306
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$35,804

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 5, 2017
Sold by
Andrade Sandra
Bought by
Mena Jose A and Mena Kristine D
Seller's Agent
Ross Levin
Homewise Realty Services, LLC
Buyer's Agent
Jonathan Lee
Real Estate Innovations
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$78,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Zlotnitsky Ephi
Bought by
Andrade Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2005
Sold by
Allen Richard A
Bought by
Zlotnitsky Ephi

Purchase Details

Closed on
Apr 23, 2003
Sold by
Baccanari Antonina N
Bought by
Allen Richard A

Purchase Details

Closed on
Apr 14, 1997
Sold by
Baccanari Antonina N
Bought by
Baccanari Antonina N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Turner Marie C $245,555 Assurance Title
Mena Jose A -- Passport Title Services Llc
Andrade Sandra $227,000 --
Zlotnitsky Ephi $165,000 --
Allen Richard A $126,000 --
Baccanari Antonina N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Marie C $238,188
Previous Owner Mena Jose A $78,000
Previous Owner Andrade Sandra $181,600
Previous Owner Andrade Sandra $45,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $245,555 +2.5% $213 / Sq Ft
08/04/2023 08/04/23 For Sale $239,500 0.0% $208 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $239,500 0.0% $208 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $239,500 +91.6% $208 / Sq Ft
05/05/2017 05/05/17 Sold $125,000 -3.8% $109 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $129,900 +3.9% $113 / Sq Ft
01/31/2017 01/31/17 Off Market $125,000 -- --
01/30/2017 01/30/17 For Sale $129,900 -- $113 / 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 $2,269 $203,333 -- --
2024 $2,269 $166,667 $0 $0
2023 $1,783 $130,000 $39,000 $91,000
2022 $1,596 $126,667 $0 $0
2021 $1,658 $123,333 $0 $0
2020 $1,611 $120,000 $36,000 $84,000
2019 $1,615 $120,000 $36,000 $84,000
2018 $1,616 $120,000 $36,000 $84,000
2017 $958 $120,000 $0 $0
2016 $1,231 $120,000 $0 $0
2015 $1,231 $120,000 $0 $0
2014 $1,231 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggy Patschak

    Seller's Agent in 2023

    Peggy Patschak

    Real Estate Innovations

    (240) 446-2131

    1 in this area

    153 Total Sales

    Peggy Patschak
    Section Image
  • Andrew Hopley

    Buyer's Agent in 2023

    Andrew Hopley

    Keller Williams Realty Centre

    (301) 275-2352

    4 in this area

    500 Total Sales

    Andrew Hopley
    Section Image
  • Ross Levin

    Seller's Agent in 2017

    Ross Levin

    Homewise Realty Services, LLC

    (202) 836-7748

    85 Total Sales

    Ross Levin
    Section Image

  • J

    Buyer's Agent in 2017

    Jonathan Lee

    Real Estate Innovations

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2095482

Bright MLS

APN: 09-02889471

Maryland Montgomery County Gaithersburg 20877

8 Russell Ave Unit 409, Gaithersburg, MD

This home is located at 8 Russell Ave Unit 409, Gaithersburg, MD 20877 since 07 June 2023 and is currently estimated at $269,110, approximately $233 per square foot. This property was built in 1988. 8 Russell Ave Unit 409 is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes