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9085 Centerway Rd, Gaithersburg, MD, 20879

5beds
4baths
1,320sqft
$415,000
$314price/sqft
$2,940/moest. monthly cost
$117,600/yrincome needed

About This Home

Welcome to this spacious 5-bedroom, 3 full bath, 1 half bath home offering plenty of room for comfortable living in a convenient Gaithersburg location. Featuring a functional floor plan with generous living spaces, this home is ready for its next owner to add personal touches and make it their own. While some minor updates and repairs may be desired, the property offers tremendous value and potential. The finished lower level includes a wet bar and flexible living space that can be ideal for an in-law suite, extended family living, recreation area, home office, or entertaining. Enjoy the convenience of being just minutes from Centerway Local Park and Montgomery Village Center, providing easy access to shopping, dining, recreation, and everyday amenities. With its size, versatility, and desirable location, this home presents an excellent opportunity to create the lifestyle you've been looking for. Sold As-Is.

Getting Around

29
WalkingCar-Dependent
33
TransitSome Transit
19
BikeSomewhat Bikeable

Schools

3/10
3/10
Gaithersburg High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1977

Materials

  • Foundation: Other
  • Roof: Hip
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Cooktop,Refrigerator,Electric Water Heater

Basement

  • Area: 660

Basement

  • Has basement: Yes
  • Basement: Rear Entrance,Connecting Stairway,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Dining Area,Flat,Dry Wall,9'+ Ceilings
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,320

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,320 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 160901583522
  • Zoning: R90
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Private pool: Yes
  • Pool features: Community,Private
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 2,024 sqft
  • Features: Suburban

Parking

  • Parking features: Assigned,On Street,Other
  • 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

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave

FEMA Declared Disasters Across Maryland Counties

Winter Storm

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

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$101$1,212
Property Taxes $460$5,520
Electricity $281$3,374
Total$2,940$35,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,800/yr
40% on housing$88,200/yr
45% on housing$78,400/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

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.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 20879$174
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20879$278
Montgomery County$318

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

DateEventPrice
2015-07-23Sold$270,000
2015-05-28Pending sale$278,000
2015-05-16Price change$278,000
2015-04-07Listed for sale$283,000
2014-12-22Listing removed$269,900
2014-11-14Price change$269,900
2014-11-11Price change$274,900
2014-10-09Listed for sale$279,900
2013-08-21Sold$182,500
2008-09-28Listing removed$190,000
2008-08-23Price change$190,000
2008-06-10Listed for sale$220,000
2007-02-12Sold$315,500

Coming Soon

AgentDANNY LEUNG
BrokerageCentury 21 Redwood Realty

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