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Sold for $555,000
  • $555,000

    16 Park Ave, Gaithersburg, MD 20877

    3beds
    2,000sqft
    Single Family Residence
    Built in 1899
    0.27 Acres Lot
    $644,600 Zestimate®
    $278/sqft
    $2,932 Estimated rent

    Home value

    $644,600

    $612,000 - $677,000

    $2,932/mo

    Zestimate® history
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    What's special

    Welcome home to this absolutely beautiful restored home in the heart of Gaithersburg!  This charming Victorian era home has tons of character, a relaxing front porch, an amazing backyard and is walkable to the restaurants, shops, parks, and so much more of Old Towne Gaithersburg.  Located in the Central Business District allows the owner the opportunity to use it residentially or commercially. The main level features gleaming hardwood floors, high ceilings, and a stunning gourmet kitchen that was completely renovated in 2021 with new shaker cabinetry, high-end stainless steel appliances, quartz countertops and a subway tile backsplash. Other features of this level include a wood burning stove, powder room, and a laundry room with a pantry. The 2nd level includes 3 bedrooms and 2 updated bathrooms including a spacious primary ensuite, and a large deck/balcony. As a bonus, there is a finished attic perfect for storage or a bonus room. The large backyard is fully fenced and features a deck off of the kitchen and an attached garage.  All of this just minutes to MARC, the metro, 270, and everything Historic Downtown Gaithersburg has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Koki Adasi 240-994-3941,

    Compass,

    Co-Listing Agent: Melissa J Lango 610-554-9689,

    Compass

    Bought with:

    Cindy Bayne, 515845

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: MDMC2100772MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 544
    Heating
    • Radiator, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, Main Level
    Features
    • Basement: Dirt Floor,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,544
    • Total interior livable area: 2,000 sqft
    • Finished area above ground: 2,000
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Side, Garage Door Opener, Storage, Attached
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    • Pool features: None
    Lot
    • Size: 0.27 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160900844118
    • Zoning: CBD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Block
    Condition
    • Very Good
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Gaithersburg
    • Subdivision: None Available
    • Municipality: City of Gaithersburg

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/11/2023Sold$555,000-3.5%$278/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    11/12/2023Contingent$575,000$288/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    11/3/2023Price change$575,000-4%$288/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    10/22/2023Listed for sale$599,000$300/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    10/18/2023Contingent$599,000$300/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    9/28/2023Listed for sale$599,000+43.3%$300/sqft
    Source: Bright MLS #MDMC2100772 Report a problem
    6/21/2016Sold$418,000-0.5%$209/sqft
    Source: Public Record Report a problem
    4/29/2016Pending sale$419,900$210/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    4/22/2016Price change$419,900-4.5%$210/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    4/4/2016Listed for sale$439,900$220/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    3/29/2016Pending sale$439,900$220/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    3/17/2016Price change$439,900-12%$220/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    2/18/2016Listed for sale$499,900-4.8%$250/sqft
    Source: Long & Foster Real Estate, Inc. #MC9573157 Report a problem
    6/9/2006Sold$525,000+169.2%$263/sqft
    Source: Public Record Report a problem
    5/13/1998Sold$195,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,328 +1.4%$512,033 +6.8%
    2024$6,238 +7.8%$479,367 +7.3%
    2023$5,787 +7.2%$446,700 +4.2%
    2022$5,401 +3.9%$428,800 +4.4%
    2021$5,200 +4.9%$410,900 +4.6%
    2020$4,958 +15%$393,000
    2019$4,312 -0.6%$393,000 +15.3%
    2018$4,337 +5.3%$340,733 +8.3%
    2017$4,119 -7.7%$314,600 +1.3%
    2016$4,464 $310,633 +1.3%
    2015$4,464 $306,667 +1.3%
    2014$4,464 $302,700
    2013-- $302,700
    2012-- $302,700 -24%
    2011-- $398,120
    2010-- $398,120
    2009-- $398,120 -21%
    2008-- $503,860 +19.3%
    2007-- $422,312 +23.9%
    2006-- $340,766 +31.5%
    2005-- $259,220 +7.8%
    2004-- $240,396
    2003-- $240,396 +18.6%
    2002-- $202,750
    2001-- $202,750

    Find assessor info on the county website

    Neighborhood: Olde Towne

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Montgomery County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $644,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $644,600