Montgomery County property record for 111 N Summit Ave, Gaithersburg, MD 20877
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 30,067 sqft · built 1962 |
| Lot Size | 0.957 acres (41,674 sqft) |
| Owner | Company Name on File |
| Last Sale | $5,400,000 (Jan 2022) |
| Tax Bill | $52,907 (2025) |
| Deeds & Mortgages | Jan 2022 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 09-00820055 |
| Primary APN | 09-00820055 |
|---|---|
| Alternative APN |
|
| Units | 33 Units |
|---|---|
| Stories | 3 Stories |
| Building Area | 30,067 sqft Living Area |
| 1st Floor Area | 30,067 sqft |
| Year Built | Built 1962 |
|---|---|
| Effective Year Built | Effective 1962 |
| Exterior Material | Brick |
| Construction Type | Brick |
| Lot Area | 41,674 sqft (0.957 acres) |
| View / Lot | Commercial/Industrial |
| Cooling System | A/C Chilled Water |
|---|---|
| Heating System | Hot Water |
| Sewer | Municipal |
| Account Number | 00820055 |
|---|---|
| Street Address | 111 N SUMMIT AVE |
| City | GAITHERSBURG |
| State | MD |
| Zip | 20877 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | CBD |
| Legal Description | PAR A LUHN ADD GAITH ERSBURG |
| Legal Subdivision | GAITHERSBURG TOWN |
| Legal Block | 2 |
| Legal Lot Number | A |
| Jurisdiction | MONTGOMERY MD |
| Township / Civil Division | 9 |
| Census Block Group | 2 |
| Census Block | 2000 |
| Census Tract | 700725 |
111 N Summit Ave, a residential property, is owned by a company that bought it in January 2022.
Source: Montgomery County records, as of August 17, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 5950 AGER RD, HYATTSVILLE, MD 20782-2663 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 7, 2022 · Amount on File |
| Deed Sale | Jan 7, 2022 · Amount on File |
| Deed Book / Page | 64997 / 303 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed |
|---|---|
| Jurisdiction | MONTGOMERY MD |
| Recording Date | Jan 7, 2022 |
| Property Address | 111 N SUMMIT AVE, GAITHERSBURG, MD 20877 |
| Document Number | 0649970303 |
| Book / Page | 64997 / 303 |
| Map Reference | MB 61 PL 5230 |
| Instrument Date | Jul 1, 2021 |
| Transaction Type | Transfer |
| Record Updated | Nov 29, 2023 |
| Title Company | PA SETTLEMENT SERVICES INC, SETTLEMENT SERVICES INC |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $81,000.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants in Severalty |
| Address | 5950 AGER RD, HYATTSVILLE, MD 20782-2663 |
| Document Number | 0064997308 |
|---|---|
| Date | Jan 7, 2022 |
| Instrument | 64997/308 |
| Name | JPMORGAN CHASE BANK NA |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
The 2025 property tax bill for 111 N Summit Ave was $52,907.
Source: Montgomery County assessment roll, as of August 17, 2026
| Type | Name |
|---|---|
| State | Maryland |
| County | Montgomery County |
| Municipality | Gaithersburg City |
| Unified School District | Montgomery County Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $4,043,500 (+4.28%) Land $752,600 Building $3,290,900 | $4,043,500 (-) Land $752,600 Building $3,290,900 | |
| 2025 | $52,907.00 | $3,877,633 | $4,043,500 Land $752,600 Building $3,290,900 |
| 2023 | $3,545,900 Land $684,200 Building $2,861,700 | $3,545,900 Land $684,200 Building $2,861,700 | |
| 2022 | $46,074.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 111 N Summit Ave in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective April 12, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 111 N Summit Ave is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 95% of the US · lower than 90% of Maryland |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | WASHINGTON SUBURBAN SANITARY COMMISSION serves 1,900,000 people · EPA ID MD0150005 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | May 2025 |
| Lead | Under 1 ppb (2018–2020) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 212 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| Xfinity Cable | 2,000 / 2,000 |
| Astound Broadband Cable | 1,500 / 50 |
May also be available: T-Mobile.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures