Offer 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.
Sold for $260,000
$260,000
8 Russell Ave Unit 201, Gaithersburg, MD 20877
2beds
1,151sqft
Condominium
Built in 1988
-- sqft lot
$260,100 Zestimate®
$226/sqft
$2,082 Estimated rent
Home value
$260,100
$237,000 - $286,000
$2,082/mo
Zestimate® history
Owner options
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$2,082/mo
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$2,082/mo
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$1,586/mo
Est. payment
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$1,586/mo
Est. payment
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List your homeWhat's special
Rich hardwood floorsPrivate balconyIn-unit washer and dryerSeparate dining areaAmple counter spaceSpacious dine-in kitchenGleaming stainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Karen Maraia 301-661-7203,
Coldwell Banker Realty
Bought with:
Frank Sanya
Market Leaders Realty Group
Source: Bright MLS,MLS#: MDMC2157260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Open Floorplan, Breakfast Area, Ceiling Fan(s), Kitchen - Table Space
- Flooring: Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,151
- Total interior livable area: 1,151 sqft
- Finished area above ground: 1,151
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Other, Attached, Parking Lot
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has spa: Yes
- Spa features: Bath
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160902889210
- Zoning: CB
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Excellent
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gaithersburg
- Subdivision: None Available
- Municipality: GAITHERSBURG
HOA & financial
HOA
- Has HOA: No
- Amenities included: Fitness Center, Storage
- Services included: Common Area Maintenance, Custodial Services Maintenance, Maintenance Structure, Fiber Optics at Dwelling, Insurance, Reserve Funds, Trash, Water
- Association name: No. 8 Russell Ave Codm
Other fees
- Condo and coop fee: $520 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $260,000+2%$226/sqft |
Source:  Bright MLS #MDMC2157260 Report a problem | ||
| 12/11/2024 | Contingent | $255,000$222/sqft |
Source: Bright MLS #MDMC2157260 Report a problem | ||
| 12/2/2024 | Listed for sale | $255,000+45.9%$222/sqft |
Source: Bright MLS #MDMC2157260 Report a problem | ||
| 10/3/2014 | Sold | $174,725-2.9%$152/sqft |
Source: Public Record Report a problem | ||
| 7/10/2014 | Listed for sale | $179,900+40.5%$156/sqft |
Source: RE/MAX Realty Plus Report a problem | ||
| 8/29/2003 | Sold | $128,000+70.7%$111/sqft |
Source: Public Record Report a problem | ||
| 5/8/2000 | Sold | $75,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,630 -16.5% | $170,000 +13.3% |
| 2024 | $1,952 +15.9% | $150,000 +15.4% |
| 2023 | $1,684 +5.6% | $130,000 +2.6% |
| 2022 | $1,596 +2.2% | $126,667 +2.7% |
| 2021 | $1,561 +3.1% | $123,333 +2.8% |
| 2020 | $1,514 -0.3% | $120,000 |
| 2019 | $1,519 -0.6% | $120,000 |
| 2018 | $1,527 -5% | $120,000 |
| 2017 | $1,608 -10.6% | $120,000 |
| 2016 | $1,798 | $120,000 |
| 2015 | $1,798 | $120,000 -33.3% |
| 2014 | $1,798 | $180,000 +8% |
| 2013 | -- | $166,667 +8.7% |
| 2012 | -- | $153,333 +9.5% |
| 2011 | -- | $140,000 |
| 2010 | -- | $140,000 |
| 2009 | -- | $140,000 -24.3% |
| 2008 | -- | $185,000 +14% |
| 2007 | -- | $162,332 +16.2% |
| 2006 | -- | $139,666 +19.4% |
| 2005 | -- | $117,000 +12.5% |
| 2004 | -- | $104,000 |
| 2003 | -- | $104,000 +33.3% |
| 2002 | -- | $78,000 |
| 2001 | -- | $78,000 |
Find assessor info on the county website
Neighborhood: Olde Towne
Nearby schools
GreatSchools rating
- 4/10Gaithersburg Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Gaithersburg Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Gaithersburg High SchoolGrades: 9-12Distance: 0.5 mi
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
$260,100
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
$260,100
- Maryland
- Montgomery County
- Gaithersburg
- 20877
- Olde Towne
- 8 Russell Ave Unit 201
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