Listing Courtesy of: Salem Rihani - NHT Real Estate LLC 202-670-5352
For Sale

24320 Woodfield School Road Gaithersburg, MD 20882

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Residential Residence
4 Beds
2 Baths
832 Sq. Ft.
1.04 Acre Lot

Property Activity

Time on Site
44 days
Days on Market
38
Views
18
Saves
0
Last updated on 2/24/2025 3:37 AM
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! Continue reading
MLS#
MDMC2162040
Property Type
Residential
Bedrooms
4
Bathrooms
1 Full/1 Half
Year Built
1957
Square Feet
832 sq. ft
Price per Sq. Ft.
$510.82
Lot Size
1.04
Stories
3.0
Sewer
Septic

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Price History for 24320 Woodfield School Rd

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Listed1/12/2025$425,000MLS
Sold10/24/2022$250,000Public Records
Sold10/7/2022$250,000MLS
Pending9/20/2022$250,000MLS
Pending9/20/2022$250,000MLS
Listed9/18/2022$250,000MLS
Sold3/11/2022$50,000Public Records
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 2/24/2025.

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Tax History for 24320 Woodfield School Rd

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Year Property Taxes Change Tax Assessment Change
2024$4,186
+9.61%
+9.61%$319,600
+2.55%
+2.55%
2023$3,819
+56%
+56%$311,667
+2.61%
+2.61%
2022$2,448
-23.83%
-23.83%$303,733
+2.68%
+2.68%
2021$3,214
-
-$295,800
+0.54%
+0.54%
2020$3,214
-
-$294,200
+0.55%
+0.55%
2019$3,214
-
-$292,600
+0.55%
+0.55%
2018$3,214
-2.43%
-2.43%$291,000
+1.19%
+1.19%
2017$3,294
$287,567
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 24320 Woodfield School Rd

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Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
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Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
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Xome ValueSM Disclosure

The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Market Activity for 24320 Woodfield School Rd

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 24320 Woodfield School Rd

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Public Schools

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Private Schools

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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population 13,318 68,827 1.06M 329.73M
Population Density 345 6,670 2,144 93
People per Household 3.1 2.6 2.7 2.6
Median Age 45.8 37.6 39.6 38.4
Median Household Income $159,898 $98,089 $117,345 $69,021
Average Income $64,264 $49,740 $59,384 $37,638

Economy

Zip City County National
Unemployment 1.60 % 1.60 % 1.60 % 3.20 %
Recent Job Growth 2.51 % 2.51 % 2.51 % 1.40 %
Future Job Growth 34.92 % 34.92 % 34.92 % 42.20 %
Sales Tax 6.00 % 6.00 % 6.00 % 7.02 %
Income Tax 4.75 % 4.75 % 4.75 % 22.00 %
Cost of Living Index 172 141 156 100

Environment

Zip City County National
Altitude 488 502 399 2443
Rainfall (inches annually) 43.5 42.2 43.0 38.1
Snowfall (inches annually) 24.9 21.4 18.3 27.8
January Avg. Low Temp 25.4 25.0 25.2 21.7
July Avg. High Temp 84.9 85.1 86.5 85.8
Days of Precipitation Annually 116 112 112 106
Days Mostly Sunny Annually 200 202 201 205
Comfort Index (during hot weather) 7 7 7 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 20882

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Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 20882

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

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Sold
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 2/1/2025.

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© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
This content last refreshed on 2/24/2025 3:37 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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