$695,000
SOLD APR 18, 2025

8921 Watkins Rd Gaithersburg, MD 20882

4 Beds
3.5 Baths
2,875 Sq Ft
1.49 Acres

Recently Sold

$242 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • 1.49 Acre Lot
  • Cape Cod Architecture
  • No HOA
  • Woodfield Elementary School Rated A
  • 1 Fireplace
  • Shed

About This Home

As of April 2025

Welcome to this beautiful Cape Cod home, nestled on a private, lush 1.5-acre lot in the sought-after Gaithersburg/Damascus area, right off Woodfield Rd. This property offers the perfect balance of privacy and accessibility, with easy access to major commuter routes and a great school district. It's an extremely rare find for anyone seeking a home with mixed-use versatility!

The main home features 4 bedrooms, 3.5 bathrooms, and approximately 3,000 total sq. ft. of living space. You’ll love the hardwood floors, cathedral and vaulted ceilings, and the abundance of natural light from multiple skylights. The open, remodeled kitchen is a chef’s dream, with granite countertops, a single-basin sink, bar seating, and ample table space. The main level master suite is a standout, featuring his & hers walk-in closets, built-in shelving, and direct access to a private paver patio. The luxurious master bath includes an oversized shower with bench seating.

The living room and family room with a cozy wood stove offer plenty of space for relaxation and entertainment, while an office provides a great work-from-home setup.

The converted detached garage offers endless possibilities—studio space, home gym, in-law suite, or additional office space—with vinyl plank flooring, track lighting, French doors, skylights, and a charming tongue-and-groove wood ceiling.

On top of all that, the large outbuilding/barn includes electricity, a workshop, office space with barn door sliders, and multiple hangers to keep heavy equipment and supplies dry and out of the elements. Whether you're looking for extra storage, a workspace for a home business, or additional living quarters, this property has it all.

The horseshoe driveway can easily accommodate 20+ vehicles, making it perfect for large gatherings or home-based businesses. And with no HOA, you have the freedom to truly make this property your own.

This is a rare opportunity to own a property with this much acreage, privacy, and mixed-use versatility in a prime location. Don't miss out on the chance to make this stunning property yours.
* Home is being sold in "AS IS" Condition. Inspections are for informational purposes only.
*Primary Bed, Bath, Kitchen & Living Room are an addition and not an updated portion of the original home.

Accepting Back up Offers

Last Agent to Sell the Property

Sarah Reynolds

(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916 Listed on: 02/20/2025

Keller Williams Realty

Last Buyer's Agent

Tiffany Tan

(240) 516-6784 tiffany@ngshomes.com Taylor Properties License #RSR003660

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1945

Lot Details

  • 1.49 Acre Lot
  • Property is zoned RE2

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Woodfield Elementary School
  • John T. Baker Middle School
  • Damascus High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Damascus Outside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161200922974

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,021

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautiful Cape Cod home, nestled on a private, lush 1.5-acre lot in the sought-after Gaithersburg/Damascus area, right off Woodfield Rd. This property offers the perfect balance of privacy and accessibility, with easy access to major commuter routes and a great school district. It's an extremely rare find for anyone seeking a home with mixed-use versatility! The main home features 4 bedrooms, 3.5 bathrooms, and approximately 3,000 total sq. ft. of living space. You’ll love the hardwood floors, cathedral and vaulted ceilings, and the abundance of natural light from multiple skylights. The open, remodeled kitchen is a chef’s dream, with granite countertops, a single-basin sink, bar seating, and ample table space. The main level master suite is a standout, featuring his & hers walk-in closets, built-in shelving, and direct access to a private paver patio. The luxurious master bath includes an oversized shower with bench seating. The living room and family room with a cozy wood stove offer plenty of space for relaxation and entertainment, while an office provides a great work-from-home setup. The converted detached garage offers endless possibilities—studio space, home gym, in-law suite, or additional office space—with vinyl plank flooring, track lighting, French doors, skylights, and a charming tongue-and-groove wood ceiling. On top of all that, the large outbuilding/barn includes electricity, a workshop, office space with barn door sliders, and multiple hangers to keep heavy equipment and supplies dry and out of the elements. Whether you're looking for extra storage, a workspace for a home business, or additional living quarters, this property has it all. The horseshoe driveway can easily accommodate 20+ vehicles, making it perfect for large gatherings or home-based businesses. And with no HOA, you have the freedom to truly make this property your own. This is a rare opportunity to own a property with this much acreage, privacy, and mixed-use versatility in a prime location. Don't miss out on the chance to make this stunning property yours. * Home is being sold in "AS IS" Condition. Inspections are for informational purposes only. *Primary Bed, Bath, Kitchen & Living Room are an addition and not an updated portion of the original home. Accepting Back up Offers
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Interior Amenities: Ceiling Fan(s), Water Treat System
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3547
  • Living Area Sq Ft: 2875
  • Price Per Sq Ft: 340.44
  • Above Grade Finished Sq Ft: 2203
  • Below Grade Finished Sq Ft: 672
  • Below Grade Sq Ft: 672
  • Total Below Grade Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8921

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
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Oil, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WOODFIELD
  • Middle School: JOHN T. BAKER
  • High School: DAMASCUS
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: WOODFIELD
  • High School: DAMASCUS
  • Middle Or Junior School: JOHN T. BAKER

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64904.00
  • Year Assessed: 2024
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5021.00
  • Assessor Parcel Number: 161200922974
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/18/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 18, 2025
Sold by
Robert A Appelbaum Revocable Trust and Rodriguez Rebecca Shanti
Bought by
Fan V-Khye G
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
Tiffany Tan
Taylor Properties
List Price
$750,000
Sold Price
$695,000
Premium/Discount to List
-$55,000
-7.33%
Views
126
Current Estimated Value
$702,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,185
Avg. Annual Appreciation
2.48%
Original Mortgage
$556,000
Outstanding Balance
$554,023
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$148,162

Purchase Details

Closed on
Oct 18, 2023
Sold by
Appelbaum Robert A
Bought by
Robert A Appelbaum Revocable Trust and Appelbaum

Purchase Details

Closed on
Apr 5, 2019
Sold by
Appelbaum Robert A and Johnson Christine A
Bought by
Appelbaum Robert A

Purchase Details

Closed on
Jun 9, 2008
Sold by
Appelbaum Robert A
Bought by
Appelbaum Robert A

Purchase Details

Closed on
May 12, 2008
Sold by
Appelbaum Robert A
Bought by
Appelbaum Robert A

Purchase Details

Closed on
May 9, 2008
Sold by
Appelbaum Robert A
Bought by
Appelbaum Robert A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $695,000 Heritage Title
Deed $695,000 Heritage Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- Nationallink
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $556,000 New Conventional
Closed $556,000 New Conventional
Previous Owner $165,000 Stand Alone Second
Previous Owner $204,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $695,000 -7.3% $242 / Sq Ft
02/20/2025 02/20/25 For Sale $750,000 -- $261 / 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 $5,021 $381,933 -- --
2024 $5,021 $368,400 $230,600 $137,800
2023 $3,514 $353,333 $0 $0
2022 $3,215 $338,267 $0 $0
2021 $2,943 $323,200 $230,600 $92,600
2020 $2,943 $319,500 $0 $0
2019 $2,889 $315,800 $0 $0
2018 $2,852 $312,100 $230,600 $81,500
2017 $3,397 $312,100 $0 $0
2016 $2,958 $312,100 $0 $0
2015 $2,958 $313,600 $0 $0
2014 $2,958 $312,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2167030

Bright MLS

APN: 12-00922974