$349,900

24320 Woodfield School Rd Gaithersburg, MD 20882

Estimated payment $2,270/month

Total Views 24,000
1.04 Acres
$336,442 Price per Acre
45,302 Sq Ft Lot

Highlights

  • No HOA
  • Clearspring Elementary Rated A
  • Shed

About This Lot

SELLER MOTIVATED. A unique property offering potential for visionary homeowners, builders, or investors. This 1 acre parcel combines charm, convenience, and boundless possibilities.

Property Highlights:
-Existing Home: A square-foot structure, perfect for renovation to restore its former character or start over as a blank canvas for your dream home.
-Development Potential: Zoned RE-2C, this property allows for 20% lot coverage and can take a foot print as large as 9,000+sq ft giving you the freedom to reimagine the space to meet your needs. Price per square foot for sales of newer homes in the area near around $265.
- Location, Location, Location: Situated near a gravel road this property enjoys the benefits of easy access while offering privacy and room to grow.
- Utilities: Septic, well and above ground electric

Why You’ll Love It:
This property is ideal for those looking to:
- Renovate and customize the existing structure to create a one-of-a-kind home.
- Build a new residence or investment property in a highly desirable area.
- Diamond shaped lot creating a comfortable build site and use of land.

Important Notes:
Property is sold as-is, with all inspections and due diligence to be conducted by the buyer. Bring your builder, architect, and imagination to make this property truly shine!

Listing Agent

Sal Rihani

NHT Real Estate LLC License #665926

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,819

Year Built

  • 1957

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RE2C

Schools

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

Utilities

  • Above Ground Utilities
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161200928344

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,819

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Remarks Public: SELLER MOTIVATED. A unique property offering potential for visionary homeowners, builders, or investors. This 1 acre parcel combines charm, convenience, and boundless possibilities. Property Highlights: -Existing Home: A square-foot structure, perfect for renovation to restore its former character or start over as a blank canvas for your dream home. -Development Potential: Zoned RE-2C, this property allows for 20% lot coverage and can take a foot print as large as 9,000+sq ft giving you the freedom to reimagine the space to meet your needs. Price per square foot for sales of newer homes in the area near around $265. - Location, Location, Location: Situated near a gravel road this property enjoys the benefits of easy access while offering privacy and room to grow. - Utilities: Septic, well and above ground electric Why You’ll Love It: This property is ideal for those looking to: - Renovate and customize the existing structure to create a one-of-a-kind home. - Build a new residence or investment property in a highly desirable area. - Diamond shaped lot creating a comfortable build site and use of land. Important Notes: Property is sold as-is, with all inspections and due diligence to be conducted by the buyer. Bring your builder, architect, and imagination to make this property truly shine!
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Price Per Sq Ft: 7.72
  • Street Number Modifier: 24320

Exterior Features

  • Other Structures List: Shed
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Utilities: Above Ground
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 1.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45302.00
  • Year Assessed: 2022
  • Zoning: RE2C
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3819.00
  • Assessor Parcel Number: 161200928344
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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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

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
2024 $4,187 $319,600 $220,800 $98,800
2023 $4,070 $311,667 $0 $0
2022 $3,819 $303,733 $0 $0
2021 $7,639 $295,800 $220,800 $75,000
2020 $2,944 $294,200 $0 $0
2019 $2,912 $292,600 $0 $0
2018 $2,892 $291,000 $220,800 $70,200
2017 $2,936 $287,567 $0 $0
2016 -- $284,133 $0 $0
2015 $2,421 $280,700 $0 $0
2014 $2,421 $274,233 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $349,900 0.0% --
03/25/2025 03/25/25 For Sale $349,900 0.0% --
03/25/2025 03/25/25 Price Changed $349,900 0.0% $421 / Sq Ft
03/25/2025 03/25/25 For Sale $349,900 -17.7% $421 / Sq Ft
03/25/2025 03/25/25 Off Market $425,000 -- --
03/25/2025 03/25/25 Off Market $425,000 -- --
01/12/2025 01/12/25 For Sale $425,000 0.0% --
01/12/2025 01/12/25 For Sale $425,000 +70.0% $511 / Sq Ft
10/07/2022 10/07/22 Sold $250,000 0.0% $300 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/18/2022 09/18/22 For Sale $250,000 -- $300 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $250,000 Covenant Title & Escrow
Deed $50,000 Assurance Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2162044

Bright MLS

APN: 12-00928344