9524 Melrose Square Way
Gaithersburg, MD 20882
3 bd 4 ba 2,038 sqft Built 1987 Lot 2,790 sqft townhomes
Most recent sale
$471,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $471,000 | MLS #MDMC2060438 |
| Jul 15, 2022 | Price changed | $471,000 | MLS #MDMC2060438 |
| Jul 11, 2022 | Listed | $439,900 | MLS #MDMC2060438 |
| Oct 16, 2020 | Sold | $400,000 | MLS #MDMC724664 |
| Sep 29, 2020 | Relisted | $405,000 | MLS #MDMC724664 |
| Sep 11, 2020 | Listed | $375,000 | MLS #MDMC724664 |
| Aug 27, 2018 | Sold | $279,900 | MLS #1001975230 |
| Jul 3, 2018 | Listed | $279,900 | MLS #1001975230 |
| Nov 1, 2005 | Sold | $340,000 | Public Record |
| Sep 27, 2004 | Sold | $290,000 | Public Record |
| Jan 12, 1994 | Sold | $127,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $169,400 | $132,000 | $301,400 | $2,913 |
| 2020 | — | — | $291,200 | $2,779 |
| 2019 | — | — | $281,000 | $2,654 |
| 2018 | $138,800 | $132,000 | $270,800 | $3,231 |
| 2017 | — | — | $268,533 | $3,260 |
| 2016 | — | — | $266,267 | $3,299 |
| 2015 | $132,000 | $132,000 | $264,000 | $3,194 |
| 2014 | — | — | $263,467 | $3,222 |
| 2013 | — | — | $262,933 | $3,170 |
| 2012 | — | — | $262,400 | $3,047 |
| 2011 | — | — | $262,400 | $2,921 |
| 2010 | — | — | $262,400 | $3,787 |
Property facts
Year built
1987
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,038 sqft
Lot size
2,790 sqft
ZIP code
20882
City
Gaithersburg
Street
Melrose Square Way
Coordinates
39.24931, -77.19706
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,057
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value
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Frequently asked questions
When did 9524 Melrose Square Way last sell?
9524 Melrose Square Way most recently sold on Aug 12, 2022 for $471,000.
What is the current tax assessment for 9524 Melrose Square Way?
The most recent total assessment for 9524 Melrose Square Way (year 2021) is $301,400 with $2,913 in property tax.
How does 9524 Melrose Square Way's assessment compare to its last sale price?
The current assessment is 36.0% below the last sale price of $471,000.
When was 9524 Melrose Square Way built?
9524 Melrose Square Way was built in 1987.
How does 9524 Melrose Square Way compare to others on Melrose Square Way?
We track 5 other properties on Melrose Square Way. Browse the list under "Other properties on Melrose Square Way" to compare beds, baths, and sale history.
What are the property facts for 9524 Melrose Square Way?
9524 Melrose Square Way is a 3 bed, 4 bath, 2,038 sqft, 2,790 sqft lot townhomes.
Is 9524 Melrose Square Way a flip candidate?
No — 9524 Melrose Square Way does not appear in our flips dataset.
Is 9524 Melrose Square Way a tax-appeal candidate?
No — 9524 Melrose Square Way 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 Melrose Square Way