1 month on rocket

301 Central Ave, Gaithersburg, MD, 20877

$1,099,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,270 SqFt
$258/SqFt
House

Location

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301 Central Ave, Gaithersburg$1,099,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1920
HeatingOther
CoolingOther
MLS #MDMC2156142
Lot Size0.99 Acres
StatusActive
(ACTIVE)

About 301 Central Ave

Welcome to 301 Central Ave. A rare gem offering incredible versatility in a prime Gaithersburg location near Washington Grove and the MARC train, with Shady Grove Metro just a short drive away. This unique property sits on a picturesque, 1-acre lot and presents endless possibilities: transform it into a grand single-family residence or keep it as an approved 4 unit multifamily building. The main level is the primary residence, featuring expansive living areas, two updated full baths, 2-3 bedrooms, a large enclosed wraparound porch, one full kitchen and one bar with the potential of the bar being converted to a second kitchen. Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments, two of which are currently being leased until June 2024. The property boasts a newly paved entrance with parking for 10+ vehicles and stunning park-like grounds perfect for outdoor enjoyment. Whether you're envisioning a spacious single-family home with 5-6 bedrooms and 5 baths, a lucrative multifamily investment, or a combination of both, this property is brimming with potential. Schedule your private tour today! Advance notice required—contact the listing agent for details.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse/National Folk
  • Year Built: 1920
  • Stories: 2
  • Living Area: 4,270 SqFt

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Charles P Gilroy

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • 3D Tour: 301 Central Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.99 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Please use Google Maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,900
  • Price Per SqFt: $258/SqFt
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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

$539K

Med. Price/SqFt

$268

Avg. Days On Market

17

# of Sold Homes

81

301 Central Ave vs Gaithersburg

34 DAYS ON ROCKET

+17 Days

$1,099,900

+$560.8K More

$258/SqFt

-$11 Less

KEY TAKEAWAY

This property is $560.8K more than the Median Sold Price and $11/SqFt less than other homes in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2156142

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Charles P Gilroy

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: 12/20/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2019Home Sold
$60,000
May 09, 2017Home Sold
$300,000

History based on county public records data.

Payment Calculator

$5,557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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.

Nearby Schools

school-card-donut-484487
4
/10

  • Washington Grove Elementary School

  • 8712 Oakmont St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-484488
4
/10

  • Rosemont Elementary School

  • 16400 Alden Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-484489
3
/10

  • Gaithersburg Elementary School

  • 35 N Summit Ave

  • 0.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,255. The majority of Gaithersburg, MD residents have income between $100k-200k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Gaithersburg, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gaithersburg, MD?

Gaithersburg offers a diverse array of housing options, with single-family homes, apartments, and townhouses available to suit a range of preferences. The architectural styles in the area are varied, with a mix of colonial, contemporary, and ranch-style homes. The housing market is dynamic, with a healthy balance of ownership and rental opportunities. Single-family homes are prevalent, while multifamily dwellings provide alternatives for those seeking a more urban living experience.

Is Gaithersburg, MD a good place to live?

Gaithersburg is celebrated for its vibrant community spirit and a family-friendly atmosphere. The city prides itself on a blend of historic charm and modern amenities, offering residents a suburban feel with pockets of urbanity. Annual events, such as the Gaithersburg Book Festival, reflect the cultural richness and educational values of the community.

Are things conveniently located in Gaithersburg, MD?

The city is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several clinics and a hospital that provide a range of medical services. Gaithersburg also features a network of public libraries and a variety of shopping and dining options that showcase the local culture. The city is proactive in adapting its services to meet the evolving needs of its diverse population.

What does the transportation in Gaithersburg, MD look like?

Gaithersburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The area is served by a network of buses that operate on a set schedule, connecting residents to key destinations within the city and beyond. The community is designed with walkability in mind, particularly in the downtown area, and there are several bike-friendly routes available. Major roads and highways provide efficient routes for commuters, with ongoing improvements to enhance traffic flow and reduce congestion.

Frequently Asked Questions About 301 Central Ave

What is the listing price of this property?

The listing price of 301 Central Ave property is $1,099,900.

What type of property is this?

The property 301 Central Ave is a house located in Gaithersburg, Maryland, 20877.

Is this property for sale now?

Active Listing: 301 Central Ave is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on December 18, 2019 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 301 Central Ave has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 301 Central Ave is 4,270 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 301 Central Ave is 1920.

Rocket Homes›Maryland›Montgomery County›Gaithersburg›20877›301 Central Ave

This home is located at 301 Central Ave in Gaithersburg, MD and zip code 20877. This 4,270 square foot home, which was built in 1920, sits on a 0.99 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,099,900.

Over 35 listings were sold over their listed price in November 2024 in Gaithersburg, MD. In the same period over 26 listings were sold below the listed price and 20 listings were sold for the listed price. The number of listings in Gaithersburg, MD decreased by 5.6% between October 2024 and November 2024. In November 2024, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $539,050.

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

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