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1 Shady Spring Place Gaithersburg, MD 20877

$196,081
LOW
$228,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$259,919
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$228,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
--
AC
Yes
Payment Estimate
--
Baths Full
2
Fireplaces
1
Rent Estimate
$1,730Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Parking
Garage
Tax Estimate
$2,197Estimated property taxes paid on an annual basis.
Sq Ft
1,080
 HomeScore
76A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
60A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
07/30/1997
Style
--
Last Sale Price
$85,000
Year Built
1983

1 Shady Spring Place is located in the Redland area of Gaithersburg, MD. At this time, the property has an estimated value of $228,000 and yearly taxes of $2,197. This condo has 2½ bathrooms and approximately 1,080 sqft of living space. The property was built in 1983. Similar condos nearby have 2 baths and sell for around $225,000.

Property History

DateEventSourcePrice
7/30/1997SoldTax Records$85,000

Redland Market Trends

Check out Redland homes for sale, read the Redland real estate news or review the Redland real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
72
Fairly Healthy

25

$439,000

78

2.1

Median Sales Price
$330,000
-10.8%
Sales (30 Days)
12
-42.9%

Recent Sales Like 1 Shady Spring Place

25
$234k
52
$226k
5%

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Gaithersburg Public Schools

A child living at 1 Shady Spring Place, Gaithersburg, MD would typically attend one of the following public schools: Sequoyah Elementary School, Redland Middle School, or Col. Zadok Magruder High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Redland REAL ESTATE NEWS

Redland is a larger than average city in Maryland with 17,242 residents. Also, it has seen a 6.2% increase in population over the last 10 years. Redland is an area where most people own their homes, w... Read More »

In this week's report, the number of homes sold in the Redland market dropped to 12 over the past 30 days, a decrease of 7.7% from last week's report. Meanwhile, close-by Germantown reported 67 homes... Read More »

The Redland market remained soft this week as sales fell 20.0% to land at 12 homes sold over the last 30 days. Meanwhile, close-by Germantown reported 79 homes sales, the highest number from all the s... Read More »

1 Shady Spring Place Map

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1 Shady Spg Pl, Gaithersburg, MD 20877US
1 Shady Spg Pl is located in the Redland area of Gaithersburg, MD. At this time, the property has an estimated value of $228,000 and yearly taxes of $2,197. This condo has 2½ bathrooms and approximately 1,080 sqft of living space. The property was built in 1983. Similar condos nearby have 2 baths and sell for around $225,000. Lisa Teach, Natalya Ogorodnikova, and Rickie Floyd are Homesnap Local Experts in and around Redland.
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