7340 Damascus Rd
Gaithersburg, MD 20882
3 bd 1 ba 972 sqft Built 1971 Lot 27,443 sqft single_family
Most recent sale
$350,000
Sep 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2026 | Listed | $469,000 | BrightMLS |
| Apr 5, 2022 | Price changed | $480,000 | MLS #MDMC2040756 |
| Mar 9, 2022 | Listed | $499,000 | MLS #MDMC2040756 |
| Sep 24, 2021 | Sold | $350,000 | Public Record |
| Sep 1, 2021 | Listed | $350,000 | MLS #MDMC2003418 |
| Aug 31, 2021 | Sold | $350,000 | MLS #MDMC2003418 |
| Jul 30, 2021 | Listed | $325,000 | MLS #MDMC2003418 |
| Mar 10, 2010 | Sold | $240,000 | Public Record |
| Jun 29, 2006 | Sold | $362,500 | Public Record |
| Nov 23, 2005 | Sold | $240,000 | Public Record |
| Nov 16, 1999 | Sold | $39,766 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $283,267 | $3,855 |
| 2024 | — | — | $283,267 | $3,527 |
| 2023 | $60,700 | $180,700 | $241,400 | $3,952 |
| 2022 | — | — | $240,300 | $2,427 |
| 2021 | — | — | $239,200 | $2,363 |
| 2020 | $57,400 | $180,700 | $238,100 | $2,325 |
| 2019 | — | — | $235,900 | $2,287 |
| 2018 | — | — | $233,700 | $2,259 |
| 2017 | $50,800 | $180,700 | $231,500 | $2,282 |
| 2016 | — | — | $229,167 | $2,304 |
| 2015 | — | — | $229,167 | $2,185 |
| 2014 | $43,800 | $180,700 | $224,500 | $2,214 |
| 2013 | — | — | $224,500 | $2,178 |
| 2012 | — | — | $224,500 | $2,693 |
| 2011 | — | — | $286,730 | $2,542 |
| 2010 | — | — | $286,730 | $3,233 |
| 2009 | — | — | $286,730 | $3,232 |
| 2008 | — | — | $348,600 | $2,191 |
Property facts
Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
972 sqft
Lot size
27,443 sqft
ZIP code
20882
City
Gaithersburg
Street
Damascus Rd
Coordinates
39.26368, -77.15060
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,458
Gross rental yield
5.00%
Implied cap rate
3.25%
Trend-extrapolated value
—
Frequently asked questions
When did 7340 Damascus Rd last sell?
7340 Damascus Rd most recently sold on Sep 24, 2021 for $350,000.
What is the current tax assessment for 7340 Damascus Rd?
The most recent total assessment for 7340 Damascus Rd (year 2025) is $283,267 with $3,855 in property tax.
How does 7340 Damascus Rd's assessment compare to its last sale price?
The current assessment is 19.1% below the last sale price of $350,000.
When was 7340 Damascus Rd built?
7340 Damascus Rd was built in 1971.
How does 7340 Damascus Rd compare to others on Damascus Rd?
We track 8 other properties on Damascus Rd. Browse the list under "Other properties on Damascus Rd" to compare beds, baths, and sale history.
What are the property facts for 7340 Damascus Rd?
7340 Damascus Rd is a 3 bed, 1 bath, 972 sqft, 27,443 sqft lot single_family.
Is 7340 Damascus Rd a flip candidate?
No — 7340 Damascus Rd does not appear in our flips dataset.
Is 7340 Damascus Rd a tax-appeal candidate?
No — 7340 Damascus Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.4%
Implied 1-yr
-9.7%
2026 Q1
$552.4K
2026 Q2
$536.5K
ZIP 20882 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Damascus Rd