Off Market Apr 2015 for $82K
$226,464
Est. refi paymentEst. refi $549/mo
bd
1 ba
1,173
sq ft

8 Russell Ave #310, Gaithersburg, MD 20877

map-entry

About this home

8 Russell Ave #310 is a 1,173 square foot condo with 1 bathroom. - it last sold on April 14, 2015 for $82,500. Based on Redfin's Gaithersburg data, we estimate the home's value is $226,464.
CondoProperty Type
1988Year Built
$193Est. Price/Sq.Ft.
1 spaceParking
Source:Public Records

Redfin Estimate

$226,464
$144K since sold in April 2015$3,000 since August

This home's estimate is 5% higher than the average sale price ($216K) of 6 comparable homes.

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Earn from this home

Sell
$162,380
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$1,984/mo
Redfin rental estimate

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Market trends in 20877, MD

Sale history for 8 Russell Ave #310

Tax history for 8 Russell Ave #310

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

CBD

Central Business District

The CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and giving incentives and providing public amenities, for attracting of a variety of leisure uses and activities to meet the needs and requirements of residents, workers, shoppers and visitors to Olde Towne, as well as to accomplish the following purposes: To encourage development in accordance with the adopted master plan by permitting an increase in density and intensity of use, flexibility in use, and layout where development is in substantial conformity with the Olde Towne Master Plan and the site plan is approved by the city planning commission.; To permit a flexible response of development to the market, as well as to provide incentives for the development of a variety of land uses and activities in the central business district to meet the needs and requirements of residents, workers and shoppers.; To encourage designs which are in conformity with the architectural guidelines as adopted by the mayor and city council.; To promote the effective use of transit facilities in the central business district and pedestrian access thereto.; To promote improved pedestrian and vehicular circulation and parking facilities.; To assist in the development and redevelopment of adequate residential areas for people with a range of different incomes.; To encourage the provision of public amenities as part of development proposals.; To encourage land assembly and the most desirable use of land in accordance with the Olde Towne Master Plan.
Permitted uses

Include but are not limited to:

  • Assembly/ meeting place
  • Gas station
  • General retail
  • Restaurant
  • Housing-Single unit
  • Housing-Multiple units
  • Self-Storage / mini-Storage
  • Hotel / motel
  • Office
  • Medical office

Property details

About this building

No units for sale
8 Russell Ave, Gaithersburg, MD 20877
Photo via 8 Russell Ave #409
Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Gaithersburg Elementary School

Public PreK-5 • Assigned • 0.3mi

4/10
Gaithersburg Middle School

Public 6-8 • Assigned • 0.5mi

4/10
Gaithersburg High School

Public 9-12 • Assigned • 0.5mi

3/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 16 days in 30 years

4/10 Wind Factor

10% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Gaithersburg, MD • 20877
Average low and high temperatures (°F)
38
23
43
29
62
40
70
49
73
56
85
65
88
71
81
63
78
61
69
48
58
41
45
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$216,000 – $261,000

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GreatSchools Ratings provided by GreatSchools.org.