See Home Value
Gaithersburg 20877
118 TULIP DRIVE
$580,000
● House - Off Market

118 TULIP DRIVE

GAITHERSBURG, MD 20877
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$3,382
Est. Monthly
4.93%
Cap Rate

About This Property

AMAZING opportunity to make 118 Tulip Drive your own in the coveted Deer Park community! Lots of recent updates-  this owner has spared no cost to make this home perfect for the new owners!  This lovely home boasts three bedrooms, two full baths and a fabulous bonus room that has so many potential uses- nursery, study, home office, craft room and even a 4th bedroom! Highlights of the most recent updates/upgrades include: complete renovation of the guest bathroom, gorgeous new luxury vinyl plank flooring throughout, new tankless water heater, newly added built in microwave above the gas stove, new garbage disposal & sink faucet, beautiful new black frame storm door, driveway repaved, new privacy fencing added, all door hardware replaced (including hinges!) and fresh paint thru out the home, and SO much more (full list available on disclosures)! When you enter the home you are greeted by a bright and cheery living room, great for entertaining! You will fall in love with the sun filled family room with skylights, ceiling fan and a wonderful wood burning fireplace to keep you cozy during the winter! The oversized one car garage leads directly into the mudroom/laundry area for convenience! Large dining area is central to the home and offers a great place to gather and share memories! Beautiful, updated kitchen with stainless steel appliances (replaced in 2020) & a spacious pantry! HVAC replaced in 2021! A private, flat quarter acre backyard with a patio off the family room as well as a firepit in the rear so you can enjoy all of the seasons outside as well! Tucked away in a quiet neighborhood and still close to all of the great amenities nearby as well as easy commuter access via Route 355, I-270, I-370,  Shady Grove Metro and the ICC!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$393
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

Last updated: 12 months ago (Bright MLS #MDMC2187188)

Price History

Date / Event Date Event Price
Oct 24, 2025 Sold
Sold
Sep 25, 2025 In contract -
In contract
Aug 28, 2025 Price Decreased $589,000
↓ $10K (1.7%)
Price Decreased
Jun 22, 2025 Listed by Keller Williams Realty Centre $599,000
Listed by Keller Williams Realty Centre
Apr 18, 2024 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,188
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEER PARK
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: DEER PARK

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700727

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FT61
  • Account Number: 00836621
  • District: 09
  • Parcel: 09-00836621
  • Block: G
  • Lot: 18
  • Municipality: GAITHERSBURG
  • Latitude: 39.1376
  • Longitude: -77.1887

    Address

  • Full Address: 118 Tulip Dr
  • Address - House Number: 118
  • Address - Street Name: Tulip
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C006
  • 4-Digit Zip Code: 2029
  • Zip Code: 20877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,934
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 535,878
  • High Value: 619,580
  • Low Value: 452,176

    Market Valuation

  • Market Total Value: $397,000
  • Market Land Value: $228,000
  • Market Improvement Value: $169,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,000
  • Assessed Land Value: $228,000
  • Assessed Improvements Value: $169,000

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 04, 2010
  • Previous Sale Contract Date: Dec 29, 2009
  • Previous Sale Amount: $315,150
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gaithersburg


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17917 Cottonwood Terrace, GAITHERSBURG, MD, 20877 Listing by Quincy C Charles


Frequently Asked Questions

When was property at 118 Tulip Drive built and last sold?
The property at 118 Tulip Drive was built in 1955 and last sold on May 29, 2020 for $399,900.
How much is this home worth?
The estimated value of the home located at 118 Tulip Drive is $0.
What are some comparable homes to 118 Tulip Drive?
There are currently no comparable homes to 118 Tulip Drive.