Score
0Rockville, MD
12008 Trailridge Dr
1.0M
4 beds
4 baths
3,056 sqft
4 bd • 4 ba • 3,056 sf
This analysis was generated on 2/8/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,010,000
Price/Sq.Ft
$330
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Desirable location: Rockville, MD is a highly sought-after place to live, offering a vibrant downtown, access to amenities, and a strong sense of community. This desirable location contributes to the property's potential value.
• Four bedrooms and four bathrooms: The property's size and layout make it suitable for families or individuals who need ample space. The four bedrooms and four bathrooms provide flexibility and comfort.
• Strong school district: Rockville is known for its excellent public schools, which is a major draw for families. This factor can positively impact property values and attract a wider pool of buyers.
• High median income: Rockville's high median income of $217,477 indicates a strong local economy and a higher concentration of affluent residents. This can contribute to the stability and growth of the housing market.
The Bad
• Lack of property details: The absence of property features, description, room details, and utility information makes it difficult to assess the property's true value and suitability. This lack of transparency may deter potential buyers.
• Unknown build year: The missing build year raises concerns about the property's age and potential maintenance needs. Older homes may require significant repairs or renovations, adding to the overall cost of ownership.
• High price per square foot: At $330.50 per square foot, the property's price is relatively high compared to the national average of around $250 per square foot. This may indicate overpricing or the presence of unique features not apparent from the limited information provided.
• Limited inventory and fast-paced sales: Rockville's competitive housing market may put pressure on buyers to make quick decisions, potentially leading to rushed assessments and missed opportunities.
The Ugly
• High cost of living: Rockville's high cost of living, including home prices and property taxes, can be a significant barrier for some buyers. The significant down payment and higher monthly payments may strain household budgets.
• Limited inventory: The limited inventory and fast-paced sales in Rockville's housing market can create a stressful and competitive buying environment. Buyers may face bidding wars and limited options.
• Potential for teardowns: The teardown culture in some Rockville neighborhoods can disrupt the character of existing communities and potentially lead to increased property values, which may not be desirable for all buyers.
• Traffic congestion: Rockville's traffic congestion, particularly on major arteries like Rockville Pike and I-270, can be a major inconvenience for commuters. Long commute times can negatively impact quality of life.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Families prioritizing access to highly-rated public schools, given Rockville's reputation for strong educational institutions. The lack of specific school assignments in the listing warrants further investigation into school boundaries.
• Buyers seeking a property with four bedrooms and four bathrooms, aligning with the area's rental rate for similar-sized properties, which is approximately $4,120 per month.
• Individuals comfortable with the high cost of living in Rockville and the associated significant down payment and higher monthly payments characteristic of the area.
• Buyers interested in neighborhoods undergoing revitalization, willing to navigate potential construction and development projects in the surrounding area.
Not For
• Buyers on a strict budget, given Rockville's high home prices, substantial property taxes, and significant down payment requirements.
• Individuals seeking a low-maintenance property, as the unknown build year may indicate potential repair and renovation needs.
• Buyers who prioritize easy access to amenities and public transportation, as car dependence can be a factor in some Rockville neighborhoods.
• Those averse to construction and development projects, given the ongoing development and potential traffic disruptions in the area.
Demographics
Area Median Income
$217,477
Property History
Price History
Ownership Timeline
$1,010,000Financed
Nov 15, 2022Lawrence J Rosenblum, Annette T RosenblumEvan Patrick Phelan, Priscilla Grissel Gutierrez Juarez
Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
8.7/10
ExcellentMiddle
9.0/10
ExcellentHigh
7.5/10
GoodFinancials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$2,390
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,010,000
Price/sqft
$330
Layout
4 bd•4 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$1,210,333
16.6%
Your price is 16.6% below average
Median Price
$1,270,000
20.5%
Based on 6 recent sales
Price per Sq.Ft
$380
13.0%
Your price is 13.0% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 9325 COPENHAVER DR, POTOMAC, MD 20854 | $1,155,000 | 3,388 | 5 | 4 | $3413.2% | 1/7/2025 |
| 9212 WILLOW POND LN, ROCKVILLE, MD 20854 | $1,315,000 | 3,214 | 5 | 4 | $40923.8% | 11/10/2024 |
| 8708 WANDERING TRAIL DR, POTOMAC, MD 20854 | $1,270,000 | 2,758 | 4 | 4 | $46039.3% | 11/24/2024 |
| 11425 BEECHGROVE LN, POTOMAC, MD 20854 | $1,242,000 | 3,010 | 4 | 4 | $41324.8% | 10/17/2024 |
| 12113 GATEWATER DRIVE, POTOMAC, MD 20854 | $870,000 | 3,261 | 3 | 4 | $26719.3% | 9/17/2024 |
| 12021 TRAILRIDGE DR, POTOMAC, MD 20854 | $1,410,000 | 3,624 | 4 | 4 | $38917.7% | 9/13/2024 |
9325 COPENHAVER DR, POTOMAC, MD 20854
Price: $1,155,000
Sq.Ft: 3,388
Beds/Baths: 5/4
$/Sq.Ft:
$3413.2%
Sale Date: 1/7/2025
9212 WILLOW POND LN, ROCKVILLE, MD 20854
Price: $1,315,000
Sq.Ft: 3,214
Beds/Baths: 5/4
$/Sq.Ft:
$40923.8%
Sale Date: 11/10/2024
8708 WANDERING TRAIL DR, POTOMAC, MD 20854
Price: $1,270,000
Sq.Ft: 2,758
Beds/Baths: 4/4
$/Sq.Ft:
$46039.3%
Sale Date: 11/24/2024
11425 BEECHGROVE LN, POTOMAC, MD 20854
Price: $1,242,000
Sq.Ft: 3,010
Beds/Baths: 4/4
$/Sq.Ft:
$41324.8%
Sale Date: 10/17/2024
12113 GATEWATER DRIVE, POTOMAC, MD 20854
Price: $870,000
Sq.Ft: 3,261
Beds/Baths: 3/4
$/Sq.Ft:
$26719.3%
Sale Date: 9/17/2024
12021 TRAILRIDGE DR, POTOMAC, MD 20854
Price: $1,410,000
Sq.Ft: 3,624
Beds/Baths: 4/4
$/Sq.Ft:
$38917.7%
Sale Date: 9/13/2024
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