8 months on rocket

121 Selby St, Gaithersburg, MD, 20878

$1,495,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,563 SqFt
$328/SqFt
House

Location

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121 Selby St, Gaithersburg$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBuilt In, Asphalt Driveway, Attached Garage
Garage2 spaces
Year Built1992
HeatingHeat Pump, Forced Air
CoolingCentral Air
BasementYes
FireplaceBrick, Mantel(s)
ViewGarden
MLS #MDMC2121000
Lot Size0.12 Acres
StatusActive
(ACTIVE)

About 121 Selby St

All offers welcome and taken into consideration. Don't miss out on the final opportunity to claim this exceptional home, now with a remarkable $100,000 price reduction! Nestled at 121 Selby Street & 520 Inspiration Mews, these exquisite residences offer a unique chance to enjoy additional rental income. Meticulously renovated by a local design-build firm, each home exudes charm and meticulous attention to detail, catering to the most discerning of buyers. Positioned in one of Kentlands' most coveted locations, surrounded by the serene beauty of Lake Inspiration and Lake Nirvana, these homes represent a rare find in the market. A rare homesite available in Kentlands alone that is valued at over $3 million, making this offering an exceptional value proposition. The main house spans four levels, boasting over 3,700 square feet above grade. An additional carriage house presents an ideal guest accommodation or income-generating opportunity. Seamlessly blending together, both residences form a breathtaking estate just steps away from the iconic Kentlands mansion and verdant greenery. Step inside to discover a true gourmet chef's kitchen, complete with a professional range, GE Profile appliances, ample counter space, and custom cabinets. Adjacent, a cozy breakfast room bathed in natural light offers views of the lush outdoor garden, creating an inviting atmosphere. The main house features five bedrooms, a den, four full baths, and one half bath. The luxurious owner's suite boasts dual walk-in closets, a spa-like bath with marble vanity, soaking tub, and oversized walk-in shower. Additional bedrooms provide ample space and comfort for family and guests alike. The lower level offers versatile recreation space, a den, full bath, and wet bar, awaiting the new owner's vision. Maintaining the home's original integrity, the owner has created a perfect multigenerational living space, with the guest house and lower-level in-law suite providing additional flexibility. Outside, a new deck overlooks the fully fenced yard, while a charming front porch and attached two-car garage complete the picture of this rare gem. With its unmatched blend of elegance, functionality, and income potential, this home is truly an opportunity not to be missed!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1992
  • Living Area: 4,563 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (240) 497-1700
  • Listing Agent: Elaine S. Koch

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven, Oven, Gas Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Solid Hardwood, Engineered Wood, Other
  • Interior: Attic, Breakfast Area, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors
  • Fireplace: Brick, Mantel(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Extensive Hardscape, Exterior Lighting, Sidewalks, Other

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Built In, Asphalt Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot: Trees, Interior Lot, Landscaped, Level, Open Lot, Other
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Quince Orchard High School, Public District Grades 9-12
  • Lakelands Park Middle School, Public District Grades 6-8
  • Rachel Carson Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: West on Darnestown Road to R on Tschiffely Square Road to R on Leekes Lot Way to L on Firehouse Lane to R on Inspiration Lane to R on Selby Street. directly across from the Kentlands Mansion

Municipality:

  • City Of Gaithersburg

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $328/SqFt

HOA Fees:

  • Amount: $185
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $11,253
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gaithersburg, MD.

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Gaithersburg, MD

City

Med. Sold Price

$537.2K

Med. Price/SqFt

$265

Avg. Days On Market

17

# of Sold Homes

77

121 Selby St vs Gaithersburg

258 DAYS ON ROCKET

+241 Days

$1,495,000

+$957.7K More

$328/SqFt

+$62 More

KEY TAKEAWAY

This property is $957.7K more than the Median Sold Price and $62/SqFt more than other homes in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2121000

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (240) 497-1700
  • Listing Agent: Elaine S. Koch

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,253$902,100
2020$10,785$884,200
2018$10,826$884,200

History based on county public records data.

Payment Calculator

$7,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1692254
8
/10

  • Rachel Carson Elementary School

  • 100 Tschiffely Square Rd

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1692255
7
/10

  • Lakelands Park Middle School

  • 1200 Main St

  • 0.44 miles

  • Public District Grades 6-8

High School

school-card-donut-1692256
9
/10

  • Quince Orchard High School

  • 15800 Quince Orchard Rd

  • 0.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $128,173. The majority of Gaithersburg, MD residents have income between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 121 Selby St

What is the listing price of this property?

The listing price of 121 Selby St property is $1,495,000.

What type of property is this?

The property 121 Selby St is a house located in Gaithersburg, Maryland, 20878.

Is this property for sale now?

Active Listing: 121 Selby St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 121 Selby St are:
Rachel Carson Elementary School: GreatSchools Rating 8/10
Lakelands Park Middle School: GreatSchools Rating 7/10
Quince Orchard High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,253 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 121 Selby St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 121 Selby St is 4,563 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 Selby St is 1992.

Rocket Homes›Maryland›Montgomery County›Gaithersburg›20878›121 Selby St

This home is located at 121 Selby St in Gaithersburg, MD and zip code 20878 in the Kentlands neighborhood. This 4,563 square foot home, which was built in 1992, sits on a 0.12 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $1,495,000.

In October 2024, from all listings sold in Gaithersburg, MD there were more than 35 sold above asking price, over 26 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Gaithersburg, MD between September 2024 and October 2024 increased by 13.4%. The median list price of listings available in October 2024 was $537,225, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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