305 W Diamond Ave, Gaithersburg, MD, 20877
About This Home
Rare Gem in the Heart of Montgomery County – Modernized Home on an Expansive Double Lot Opportunities in this sought-after neighborhood are few and far between! This recently remodeled home perfectly blends modern convenience with incredible potential. Inside, you’ll find a fresh, updated space featuring brand-new appliances, new doors throughout, and a massive attic and closet space for all your storage needs. The property sits on a unique double lot (not two separate building lots), providing a sprawling yard with the rare flexibility to easily expand the existing home or add a private ADU. Outdoor living is enhanced by an 84-sq.-ft. back porch (not included in official records), ideal for quiet mornings. Key Features: Convenience: Bus stop right at your front door and minutes from top-rated schools, shopping, and major transportation. Nature at Your Doorstep: Located near popular hiking and biking trails. Parking & Practicality: A huge semicircular driveway plus additional side parking. Peace of Mind: Equipped with a generator hook-up for uninterrupted power. Don't miss the chance to own one of the most versatile properties in the area!
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1940
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Frame,Block
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Dishwasher,Disposal,Dryer,Ice Maker,Range Hood,Refrigerator,Washer,Water Heater,Electric Water Heater
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Connecting Stairway,Rear Entrance
Bathroom1
- Features: Flooring - Ceramic Tile
- Level: Upper
Bedroom1
- Features: Flooring - Solid Hardwood
- Level: Upper
Bedroom2
- Features: Flooring - Solid Hardwood
- Level: Upper
Bedroom3
- Features: Flooring - HardWood
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
Features
- Combination Dining/Living,Eat-in Kitchen,Recessed Lighting,Upgraded Countertops,Plaster Walls
- Flooring: Hardwood,Luxury Vinyl,Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,456
Heating & Cooling
- Heating features: Radiator,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,184
- Total interior livable area: 1,456 sqft
Kitchen
- Features: Recessed Lighting
- Level: Main
Living Room
- Level: Main
Other
- Level: Main
Screened Porch
- Level: Main
Property
Accessibility
- Accessibility features: Doors - Swing In
Details
- Parcel number: 160900791998
- Zoning: R60
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Screened Porch
- Exterior features: Chimney Cap(s),Sidewalks
- Has view: Yes
- View description: Garden,Street
Lot
- Lot size: 0.35 Acres
- Features: Additional Lot(s),Cleared,Front Yard,Landscaped
Parking
- Parking features: Asphalt,Circular Driveway,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,755 | $33,060 |
| Home Insurance * | $140 | $1,680 |
| Property Taxes | $498 | $5,976 |
| Electricity | $281 | $3,374 |
| Total | $3,674 | $44,088 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Listed for sale | $595,000 |
| 1998-02-02 | Sold | $120,000 |
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