123 Spring Street

Closed 4/29/16

Sold

Last Sold Price

$240,000

3 beds2 baths

123 Spring St, Gaithersburg, MD 20877

Single FamilyProperty Type

6,810 sq ftLot Size

1963Year Built

Description

New price! Potential Short Sale. Lovely 3 bedroom 2 Full bath single family Home in the heart of Gaithersburg. Approved by the bank! Quick responseNew price! Potential Short Sale. Lovely 3 bedroom 2 Full bath single family Home in the heart of Gaithersburg. Approved by the bank! Quick response

Listed by: Alejandro Luis A Martinez 240.258.2668 listings@teamremaxelite.com • RE/MAX Elite Services

Listing closed: 04/29/2016 12:00 AM • Source: BRIGHT, MLS#: 1002358689

Recent comparable sales

Median sold price

$485,000

Avg days on market

Sale-to-list ratio

98.4%

1/2

$419,000

Sold 08/20/25

3
Bedrooms: 2
Bathrooms: 1,110
Square Feet: 0.24
Acres

12 Mills Road, Gaithersburg, MD 20877

1/38

$525,000

Sold 07/15/26

3
Bedrooms: 2
Bathrooms: 1,470
Square Feet: 0.15
Acres

209 Cedar Avenue, Gaithersburg, MD 20877

1/53

$475,000

Sold 06/30/26

3
Bedrooms: 2
Bathrooms: 1,360
Square Feet: 0.24
Acres

8 James Street, Gaithersburg, MD 20877

1/12

$535,000

Sold 05/15/25

3
Bedrooms: 2
Bathrooms: 2,024
Square Feet: 0.49
Acres

21 Desellum Avenue, Gaithersburg, MD 20877

a living room with furniture and a flat screen tv

1/47

$215,000

Sold 07/18/25

3
Bedrooms: 2
Bathrooms: 1,278
Square Feet: Unavailable
Acres

104 Duvall Lane, Unit 30104, Gaithersburg, MD 20877

a view of a patio with table and chairs and wooden floor

1/11

$215,000

Sold 02/26/25

3
Bedrooms: 2
Bathrooms: 1,278
Square Feet: Unavailable
Acres

130 Duvall Lane, Unit 101, Gaithersburg, MD 20877

1/21

$485,000

Sold 10/31/25

3
Bedrooms: 2
Bathrooms: 1,790
Square Feet: 0.30
Acres

7 Montgomery Avenue, Gaithersburg, MD 20877

a front view of a house with a yard and trees

1/51

$530,000

Sold 02/26/25

3
Bedrooms: 2
Bathrooms: 1,980
Square Feet: 0.25
Acres

102 Dogwood Drive, Gaithersburg, MD 20877

a view of a house with potted plants and a large tree

1/24

$513,000

Sold 09/29/25

3
Bedrooms: 2
Bathrooms: 1,424
Square Feet: 0.23
Acres

108 Hutton Street, Gaithersburg, MD 20877

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Location

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Sold By RE/MAX Elite Services

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$1,514 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,240

Property Taxes

$274

HOA Dues

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Property Information for 123 Spring Street

Property Details

Taxes: $3,282 / year
MLS Type: Residential / Fee Simple
County: Montgomery County
Tax ID Number: 160900826746
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Traditional
Levels/Stories: 2
Waterfront: No
Garage: No
Subdivision: BROWNS
Subdivision: BROWNS (MONTGOMERY MD)
Legal Subdivision: BROWNS ADD
Municipality: GAITHERSBURG
Central Air: Yes
Basement: Yes
New Construction: No

Building Information

Stories: 2
Year Built: 1963
Lot Size: 0.16 AC / 6,810 SF

Location

In City Limits: Yes
School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

School District County ID: 121138126809
Middle Or Junior School: FOREST OAK (MONTGOMERY MD)
High School: GAITHERSBURG (MONTGOMERY MD)
County: MONTGOMERY

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2014
Tax Assessed Value: $277,300

Year Assessed: 2015
County Tax: $2,027
Improvement Assessed Value: $130,300
City Town Tax: $629
Land Assessed Value: $147,000
Special Assessment Pymnt: Annually
Refuse Fee: $108
Zoning: R90
Tax Lot: 19

Lease Information

Concessions: Yes
Concessions Amount: $7,200

Rooms

Main

# Bedrooms Count Main Level: 3
# Bathrooms Count Main Level: 1

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 0

Lower Level 1

# Bedrooms Lower Level: 0
# Bathrooms Lower Level: 1

# Bathrooms Full Lower Level: 1
# Bathrooms Half Lower Level: 0

Rooms

Stories: Lower 1, Main

Building Info

Tax Total Finished SQFT: 1,056.00
Total Finished SQFT Units: Square Feet

Construction Materials: Vinyl Siding
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3007/6446/6065/300764466065_512_384_WM_p7KHQ3ayNzDlWU-b.jpg
Basement Type: Side Entrance, Fully Finished
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Lower Level 1-1
# Bathrooms Full: 2
# Bathrooms Half: 0
Property Attached Y/N: false

Lot / Land Information

Lot Size Area: 6,810.00
Parcel ID: 13942137

Parking

Type Of Parking: Off Street

Interior Features

Interior Features: Combination Dining/Living
Fireplace: Yes

Fireplaces Count: 1
Accessibility Features: Other

Exterior Features

Pool: No Pool
Pool Private: No

Utilities

Heating: Yes
Cooling: Yes

Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Electric
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent URL: teamremaxelite.com

Property History for 123 Spring Street

Date	Event & Source	Price	Appreciation
Apr 29, 2016	Closed (Public Record) Public Record #576367048	$240,000	-6.5% / yr
Apr 29, 2016	Closed BRIGHT #1002358689	$240,000	—
Feb 24, 2016	Pending BRIGHT #1002358689		—
Jul 22, 2015	Withdrawn BRIGHT #1007863936	$280,000	—
Jul 22, 2015	Withdrawn BRIGHT #1007863936		—
Jul 22, 2015	Listed (Active) BRIGHT #1002358689	$279,000	—
Mar 4, 2015	Listed (Active) BRIGHT #1007863936	$320,000	—
Jun 8, 2007	Closed (Public Record) Public Record #222779286	$438,000	+18.5% / yr
Jun 8, 2007	Closed BRIGHT #MDMC112688	$438,000	—
Apr 20, 2007	Pending BRIGHT #MDMC112688		—
Apr 19, 2007	Listed (Active) BRIGHT #MDMC112688	$425,000	—
Apr 16, 2007	Expired BRIGHT #MDMC525104	$425,000	—
Feb 5, 2007	Listed (Active) BRIGHT #MDMC525104	$439,900	—
May 22, 2003	Closed (Public Record) Public Record #123130392	$220,000	—
Apr 18, 1997	Closed BRIGHT #MDMC473614	$136,200	—
Mar 4, 1997	Pending BRIGHT #MDMC473614		—
Dec 2, 1996	Listed (Active) BRIGHT #MDMC473614	$144,751	—

Date	Event & Source	Price
04/29/2016	Closed (Public Record) Public Record #576367048	$240,000 -6.5% / yr
04/29/2016	Closed BRIGHT #1002358689	$240,000
02/24/2016	Pending BRIGHT #1002358689	—
07/22/2015	Withdrawn BRIGHT #1007863936	$280,000
07/22/2015	Withdrawn BRIGHT #1007863936	—
07/22/2015	Listed (Active) BRIGHT #1002358689	$279,000
03/04/2015	Listed (Active) BRIGHT #1007863936	$320,000
06/08/2007	Closed (Public Record) Public Record #222779286	$438,000 +18.5% / yr
06/08/2007	Closed BRIGHT #MDMC112688	$438,000
04/20/2007	Pending BRIGHT #MDMC112688	—
04/19/2007	Listed (Active) BRIGHT #MDMC112688	$425,000
04/16/2007	Expired BRIGHT #MDMC525104	$425,000
02/05/2007	Listed (Active) BRIGHT #MDMC525104	$439,900
05/22/2003	Closed (Public Record) Public Record #123130392	$220,000
04/18/1997	Closed BRIGHT #MDMC473614	$136,200
03/04/1997	Pending BRIGHT #MDMC473614	—
12/02/1996	Listed (Active) BRIGHT #MDMC473614	$144,751

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Spring Street

Taxable ValueLand$161,300Additions$240,200Total$401,500

Tax Record2025$5,332 ($444 / month)

Home Facts

Beds0Baths2Total Finished SqFt2,056 SqFtAbove Grade Finished SqFt1,556 SqFtFinished Basement SqFt500 SqFtStories1Lot Size6,810 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated1963ZoningR90CountyMONTGOMERYAPN09-00826746

Schools near 123 Spring Street

This home is within Montgomery County Public Schools.


Rating	School	Type	Grades	Distance
5/10	Harriet R. Tubman Elementary	Public - Serves this home	PK to 5	1.4 mi
5/10	Forest Oak Middle School	Public - Serves this home	6 to 8	1.5 mi
3/10	Gaithersburg High School	Public - Serves this home	9 to 12	0.4 mi
NR	Regional Institute For Children & Adolescents	Public - Nearby school	4 to 12	2.3 mi
NR	Rock Terrace School	Public - Choice school	6 to 12	3.8 mi
NR	Longview School	Public - Choice school	K to 12	4.9 mi
NR	St Martin Of Tours School	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
5/10	Harriet R. Tubman Elementary PublicPK to 5 Serves this home	1.4 mi
5/10	Forest Oak Middle School Public6 to 8 Serves this home	1.5 mi
3/10	Gaithersburg High School Public9 to 12 Serves this home	0.4 mi
NR	Regional Institute For Children & Adolescents Public4 to 12 Nearby school	2.3 mi
NR	Rock Terrace School Public6 to 12 Choice school	3.8 mi
NR	Longview School PublicK to 12 Choice school	4.9 mi
NR	St Martin Of Tours School PrivatePK to 8 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 123 Spring Street, Gaithersburg, MD 20877	$240,000	3	2	–	6,810
125 Spring Street, Gaithersburg, MD 20877	–	–	2	1,942	5,470
119 Spring Street, Gaithersburg, MD 20877	–	–	2	2,028	6,000
127 Spring Street, Gaithersburg, MD 20877	–	–	1	1,938	6,853
51 Harmony Hall Road, Gaithersburg, MD 20877	$185,000	–	1.5	1,520	5,713
122 Spring Street, Gaithersburg, MD 20877	–	–	1.5	1,020	6,600
124 Spring Street, Gaithersburg, MD 20877	$415,000	5	2	1,520	6,600
122 Rawlings Road, Gaithersburg, MD 20877	–	–	1	1,500	6,000
49 Harmony Hall Road, Gaithersburg, MD 20877	$326,000	4	2	–	8,389
117 Spring Street, Gaithersburg, MD 20877	$245,000	3	1	–	6,000
120 Rawlings Road, Gaithersburg, MD 20877	$205,000	3	1	–	6,000
124 Rawlings Road, Gaithersburg, MD 20877	$470,000	3	2	1,632	8,407
118 Spring Street, Gaithersburg, MD 20877	$250,000	–	2	1,362	6,600
115 Spring Street, Gaithersburg, MD 20877	$425,000	3	2	1,416	6,000
128 Spring Street, Gaithersburg, MD 20877	–	–	1	1,020	5,962
116 Spring Street, Gaithersburg, MD 20877	$458,000	4	3	2,042	6,600

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Listing Courtesy of RE/MAX Elite Services

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/30/2019 04:34 PM

Gaithersburg, MD

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