Last Sold Price
3 beds
123 Spring St, Gaithersburg, MD 20877

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
LISTING CLOSED: 04/29/2016 12:00 AM

  1. Listed by Alejandro Luis A Martinez • RE/MAX Elite Services
    P: (240) 258-2668 listings@teamremaxelite.com

Property Details for 123 Spring Street

Status
MLS #
1002358689
Days on Market
132
Taxes
$3,282 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Fee Simple
Year Built
1963
Lot Size
0.16 AC / 6,810 SF
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

Recent comparable sales

Median sold price

$475,000

Avg days on market

28

Sale-to-list ratio

97.6%

Gaithersburg, MD

9 comparable properties found

a view of a house with a yard
1/2
1

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Sold 08/20/25

3
Bedrooms
1,110
Square Feet
0.24
Acres
$525,000 | 209 Cedar Avenue, Gaithersburg, MD 20877
1/38
2

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Sold 07/15/26

3
Bedrooms
1,470
Square Feet
0.15
Acres
$475,000 | 8 James Street, Gaithersburg, MD 20877
1/53
3

$475,000

Sold 06/30/26

3
Bedrooms
1,360
Square Feet
0.24
Acres
a view of a house with a yard
1/12
4

$535,000

Sold 05/15/25

3
Bedrooms
2,024
Square Feet
0.49
Acres
a living room with furniture and a flat screen tv
1/47
5

$215,000

Sold 07/18/25

3
Bedrooms
1,278
Square Feet
Unavailable
Acres
a view of a patio with table and chairs and wooden floor
1/11
6

$215,000

Sold 02/26/25

3
Bedrooms
1,278
Square Feet
Unavailable
Acres
$220,000 | 134 Duvall Lane, Unit 22410, Gaithersburg, MD 20877
1/25
7

$220,000

Sold 09/06/24

3
Bedrooms
1,278
Square Feet
Unavailable
Acres
front view of a house with a yard
1/21
8

$485,000

Sold 10/31/25

3
Bedrooms
1,790
Square Feet
0.30
Acres
a front view of a house with a yard and trees
1/51
9

$530,000

Sold 02/26/25

3
Bedrooms
1,980
Square Feet
0.25
Acres

Location

Listing Courtesy of RE/MAX Elite Services

Sold By RE/MAX Elite Services

Add your commute

Building Information for 123 Spring Street

Stories2Year Built1963Building Size-Lot Size0.16 AC / 6,810 SF

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$1,493 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$274

HOA Dues

$0

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Property Information for 123 Spring Street

Location
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
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
Association / Community Info
  • Senior Community: No
Taxes and Assessment
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
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
Building Info
  • Tax Total Finished SQFT: 1,056.00
  • Total Finished SQFT Units: Square Feet
Lot / Land Information
Lot / Land Information
  • Lot Size Area: 6,810.00
  • Parcel ID: 13942137
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Interior Features: Combination Dining/Living
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
  • Pool Private: No
Utilities
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

DateEvent & SourcePriceAppreciation
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

DateEvent & SourcePrice
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

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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Harriet R. Tubman Elementary
PublicPK to 5

Forest Oak Middle School
Public6 to 8

Gaithersburg High School
Public9 to 12

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.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 123 Spring Street, Gaithersburg, MD 20877
$240,000
3
6,810
2
1,942
5,470
2
2,028
6,000
1
1,938
6,853
$185,000
1.5
1,520
5,713
1.5
1,020
6,600

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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