When was property at 24229 Preakness Drive built and last sold?

The property at 24229 Preakness Drive was built in 1988 and last sold on Aug 23, 2023 for $565,000.

How much is this home worth?

The estimated value of the home located at 24229 Preakness Drive is $0.

What are some comparable homes to 24229 Preakness Drive?

There are currently no comparable homes to 24229 Preakness Drive.

Damascus

20872

Damascus

24229 PREAKNESS DR

$565,000

● House - Off Market

24229 PREAKNESS DR

DAMASCUS, MD 20872

3 Beds

3 Baths, 1 Half Bath

1,488 Ft²

$551,891

RealtyHop Estimate

-0.56%

Since Sep 1, 2023

National-US

Primary Model

About This Property

Discover the perfect blend of classic charm and modern updates in this 3-bed, 2.5-bath colonial home in Damascus, Maryland. Updated kitchen and recently updated bathrooms bring a fresh touch, while a cozy fireplace adds warmth and character. Enjoy the serene master suite and two additional bedrooms. The landscaped yard offers outdoor space, and the desirable location is close to shopping, restaurants, Damascus Recreational Park, and much more! . Experience the best of both worlds in this remarkable residence.

Unit Size

1,488 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$373

Property Type

House

Property Taxes

$387

HOA Dues

$123

Year Built

1988

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #MDMC2099512)

Price History

Date / Event	Date	Event
Aug 24, 2023	Sold	Premium
Sold
Jul 18, 2023	In contract	-
In contract
Jul 15, 2023	Listed by EXP Realty, LLC	$555,000
Listed by EXP Realty, LLC
Aug 31, 2011	Sold	Premium
Sold
Jul 6, 2000	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1988

Effective Year Built: 1988
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 9
Construction Type: 0
Building Style: 0
Exterior Walls Type: 25
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 400
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: 7,500

Total Building Area: 1,488
Gross Building Area: 1,488
Building Area: 1,488
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 1,888
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SWEEPSTAKES
Land Acres: 0000000172
Standard Land Use Code: 1001
County Land Use Code: R-A001
Legal Description 1: SWEEPSTAKES

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 700209

Zoning

Zoning: R200

Geography

Assessors Map Reference: FW23

Account Number: 02650274
District: 12
Parcel: 12-02650274
Block: B
Lot: 13
Latitude: 39.2581
Longitude: -77.2217

Address

Full Address: 24229 Preakness Dr

Address - House Number: 24229
Address - Street Name: Preakness
Address - Suffix Type: Dr
State: MD
City Name: Damascus
Carrier Code: C010
4-Digit Zip Code: 2183
Zip Code: 20872

Valuation

Tax

Tax Year: 2023

Tax Amount: $449,391

Appraisal Valuation

Standard Deviation: 0.1325

Valuation Date: Jan 17, 2024
Confidence Score: 84
Final Value: 569,080
High Value: 644,526
Low Value: 493,634

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $443,800

Market Land Value: $169,200
Market Improvement Value: $274,600

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $413,700

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 23, 2023

Current Sale Recording Date: Aug 24, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Aug 31, 2011
Previous Sale Contract Date: Aug 19, 2011
Previous Sale Amount: $345,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Damascus

Stats & Trends

Median Asking:

$549,450

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

2660 ft²

Average Home Age

37.6 years

Currently For Sale

47 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 22968 Newcut Road, CLARKSBURG, MD, 20871

$3,100 /mo

3 Beds
2 Baths
2,611 ft²

22968 Newcut Road #2362, CLARKSBURG, MD, 20871 Listing by Charity K Moreno

Unit for rent at 24201 Bush Hill Road, GAITHERSBURG, MD, 20882

$3,000 /mo

4 Beds
3 Baths
1,002 ft²

24201 Bush Hill Road, GAITHERSBURG, MD, 20882 Listing by Ivan Silva Jr.

Unit for rent at 25253 Conrad Court, DAMASCUS, MD, 20872

$2,975 /mo

4 Beds
2 Baths
1,730 ft²

25253 Conrad Court, DAMASCUS, MD, 20872 Listing by Channareth Khoun

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Karen Rollings
EXP Realty, LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2099512

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

24229 PREAKNESS DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Damascus

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions