See Home Value
Gaithersburg 20878
520 KERSTEN STREET
$1,062,000
● House - Off Market

520 KERSTEN STREET

GAITHERSBURG, MD 20878
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,320 Ft²
$6,378
Est. Monthly
$135
HOA / Fees

About This Property

Modern elegance meets versatility in this exceptional Lakelands residence which now includes a recent  price improvement that positions it as one of the best values in the neighborhood and a rare opportunity that will not last. This four level home offers timeless design, luxury finishes, and modern functionality along a picturesque tree lined street with every inch showcasing meticulous craftsmanship and thoughtful updates. The sunlit open main level features rich hardwood floors, custom millwork, and a beautifully renovated kitchen with quartz countertops, premium gas range, and custom cabinetry that flows into the family room anchored by an impressive eight by nine foot porcelain fireplace with a quartz mantel. The formal dining room highlights a hand stenciled floral floor and detailed ceiling while the private office provides an ideal work from home space. Upstairs the serene primary suite offers a spa inspired bath with a freestanding soaking tub, walk in shower, and travertine finishes, accompanied by two additional bedrooms and a designer hall bath. The top floor suite with its own full bath provides perfect flexibility for guests in laws or teens. The finished lower level adds over one thousand square feet of living space ideal for a media room gym or playroom. Completing the property is a fully finished legal guest house apartment above the garage featuring a private entrance full bath and comfortable living area creating endless options for guests remote work or potential rental income. Even the garage is elevated with an epoxy floor and finished walls. With luxury style and space combined with an excellent new price this is a standout Lakelands home that is truly spectacular from top to bottom and now strategically priced to attract strong attention in the market.
Unit Size
3,320 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$330
Property Type
House
Property Taxes
$866
HOA Dues
$135
Year Built
2003

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Last updated: 10 months ago (Bright MLS #MDMC2207954)

Price History

Date / Event Date Event Price
Jan 12, 2026 Sold
Sold
Dec 24, 2025 In contract -
In contract
Dec 4, 2025 Price Decreased $1,095,000
↓ $54K (4.7%)
Price Decreased
Nov 12, 2025 Listed by TTR Sotheby's International Realty $1,149,000
Listed by TTR Sotheby's International Realty
Oct 4, 2025 Price Decreased $1,149,000
↓ $46K (3.9%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 7
  • 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: 900
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Total Building Area: 2,420
  • Gross Building Area: 2,420
  • Building Area: 2,420
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKELANDS PH 2 SEC 2
  • Land Acres: 0000000062
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LAKELANDS PH 2 SEC 2

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700826

Zoning

  • Zoning: MXD

Geography

  • Assessors Map Reference: FS12
  • Account Number: 03326380
  • District: 09
  • Section: 2
  • Subdivision Phase Number: 2
  • Parcel: 09-03326380
  • Block: HH
  • Lot: 51
  • Municipality: GAITHERSBURG
  • Latitude: 39.1175
  • Longitude: -77.2352

    Address

  • Full Address: 520 Kersten St
  • Address - House Number: 520
  • Address - Street Name: Kersten
  • Address - Suffix Type: St
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C055
  • 4-Digit Zip Code: 6512
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $924,300
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 931,202
  • High Value: 1,069,966
  • Low Value: 792,439

    Market Valuation

  • Market Total Value: $744,500
  • Market Land Value: $300,000
  • Market Improvement Value: $444,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $744,500
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $444,500

    Sales

  • Current Sale Recording Date: Aug 01, 2003
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 278352
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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Nearby Rentals

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Unit for rent at 8 Granite Place, GAITHERSBURG, MD, 20878

$3,000 /mo

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Unit for rent at 805 Main Street, GAITHERSBURG, MD, 20878

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,160 ft²
805 Main Street, GAITHERSBURG, MD, 20878 Listing by Elaine S. Koch


Frequently Asked Questions

When was property at 520 Kersten Street built and last sold?
The property at 520 Kersten Street was built in 2003 and last sold on Jan 1, 1970 for $523,340.
How much is this home worth?
The estimated value of the home located at 520 Kersten Street is $0.
What are some comparable homes to 520 Kersten Street?
There are currently no comparable homes to 520 Kersten Street.