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7620 Damascus Rd

Gaithersburg, MD 20882

3 bd 3 ba 1,572 sqft Built 1971 Lot 104,979 sqft single_family
Most recent sale
$430,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $430,000 MLS #MDMC2064834
Aug 10, 2022 Listed $450,000 MLS #MDMC2064834
Jul 8, 2004 Sold $337,500 Public Record
Jun 29, 2004 Sold $337,500 Public Record
Jan 24, 2003 Sold $235,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $171,000 $196,400 $367,400 $4,838
2021 $361,267 $3,823
2020 $161,800 $196,400 $358,200 $3,758
2019 $356,267 $3,718
2018 $354,333 $3,696
2017 $156,000 $196,400 $352,400 $3,746
2016 $334,733 $3,613
2015 $334,733 $3,112
2014 $103,000 $196,400 $299,400 $3,062
2013 $299,400 $3,013
2012 $299,400 $3,958
2011 $404,810 $3,754
2010 $404,810 $3,712

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,572 sqft
Lot size
104,979 sqft
ZIP code
20882
City
Gaithersburg
Street
Damascus Rd
Coordinates
39.27439, -77.15714

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,358
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 7620 Damascus Rd last sell?
7620 Damascus Rd most recently sold on Oct 4, 2022 for $430,000.
What is the current tax assessment for 7620 Damascus Rd?
The most recent total assessment for 7620 Damascus Rd (year 2023) is $367,400 with $4,838 in property tax.
How does 7620 Damascus Rd's assessment compare to its last sale price?
The current assessment is 14.6% below the last sale price of $430,000.
When was 7620 Damascus Rd built?
7620 Damascus Rd was built in 1971.
How does 7620 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 7620 Damascus Rd?
7620 Damascus Rd is a 3 bed, 3 bath, 1,572 sqft, 104,979 sqft lot single_family.
Is 7620 Damascus Rd a flip candidate?
No — 7620 Damascus Rd does not appear in our flips dataset.
Is 7620 Damascus Rd a tax-appeal candidate?
No — 7620 Damascus Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.7%
2026 Q1
$552.4K
2026 Q2
$536.5K
ZIP 20882 — Median Price History + Forecast

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