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18528 Mountain Laurel Ter, Gaithersburg, MD, 20879

3beds
3baths
2,004sqft
$495,000
$247price/sqft
$2,947/moest. monthly cost
$117,880/yrincome needed

About This Home

AS IS seller will make no repairs. Large 4 level split level home on private lot. Original owner, needs work, great home for a project or buyers looking for sweat equity. 3 bedrooms and 2 full bathrooms upstairs, 3rd full bathroom in the lower level, sub-basement has lots of space for storage or improvements. Flower Hill community offers a seasonal community pool, playgrounds, nearby parks, and ease of access to stores, covneiences, shopping and commuter routes.

Getting Around

60
WalkingSomewhat Walkable
36
TransitSome Transit
60
BikeBikeable

Schools

6/10
5/10
5/10

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Permanent
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Heated,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,004

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,004
  • Total interior livable area: 2,004 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160902062867
  • Zoning: PNZ
  • Special condition: Standard

Features

  • Levels: Multi/Split,Four
  • Stories: 4
  • Pool features: Community

Lot

  • Lot size: 0.30 Acres

Parking

  • Parking features: 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

  • 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 $2,502$30,024
Home Insurance *$121$1,452
Property Taxes $43$516
Electricity $281$3,374
Total$2,947$35,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,040/yr
40% on housing$88,410/yr
45% on housing$78,586/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

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 20879$173
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
2026-04-21Listed for sale$595,000
1990-06-07Sold$15,000

For Sale by Agent

AgentDaniel Whiting
BrokerageLong & Foster Real Estate, Inc.

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