Another foreclosure sale closed. Find your next pre-foreclosure opportunity.

524 Coral Reef DR, Gaithersburg, MD 20878 — Sold $315,000

524 Coral Reef DR, Gaithersburg, MD 20878

Another foreclosure property closed in Montgomery County, MD. Distressed sales like this move fast when the right buyer is ready.

Map of 524 Coral Reef DR, Gaithersburg, MD 20878 in Montgomery County, MD

524 Coral Reef DR, Gaithersburg, MD 20878

Final sold price

SOLD

$315,000

1,360 sq ft Lot 2,400 sq ft

What sold at 524 Coral Reef DR, and for how much?

524 Coral Reef DR, Gaithersburg, MD 20878 sold for $315,000 on September 29, 2026. The property is a residential, 2 bath, 1,360 sq ft, built in 1989. LeadCruncher tracks it as a pre-foreclosure lead sourced from county recorder foreclosure filings (NOD, lis pendens and auction notices) in Montgomery County.

Sale record at a glance

Recorded sale details for 524 Coral Reef DR, Gaithersburg, MD 20878
Address 524 Coral Reef DR, Gaithersburg, MD 20878
Sold price $315,000
Sold date
Property type Residential
Beds / baths 2 bath
Building area 1,360 sq ft
Year built 1989
County Montgomery County, MD
APN 09-02646773
Foreclosure filing Notice of Foreclosure Sale

What is a foreclosure sale?

A foreclosure sale is a property sold after a borrower defaults on their mortgage and the lender completes the foreclosure process. LeadCruncher tracks recently sold foreclosure properties in Montgomery County, Maryland alongside active pre-foreclosure filings, so investors and agents can spot distressed-market activity early.

Recently Sold Foreclosure Property: 524 Coral Reef DR, Gaithersburg MD 20878

Property profile

City / state / ZIP
Gaithersburg, MD, 20878
County
Montgomery County
Property type
Residential
Land use
Townhouse (Residential)
Beds / baths
2 bath
Year built
1989
APN
09-02646773

Scheduled auction

Auction
08/28/2026 at 3:39 PM — 50 MARYLAND AVE, ROCKVILLE
Minimum bid
$16,000

Mailing address

524 CORAL REEF DR, Gaithersburg, MD 20878

Foreclosure & ownership

Current owner
Current owner is locked. Sign in with an Assessors Data subscription to view.
Trustor / borrower
Trustor / borrower is locked. Sign in with an Assessors Data subscription to view.
Trustee
Trustee is locked. Sign in with an Assessors Data subscription to view.
Document type
Notice of Foreclosure Sale
Unpaid balance
-
Past due amount
-
Assessed value
$418,700

Numbers from this sale

A few quick comparisons we run from the recorded numbers so you can see how this sale stacks up.

  • Sold price per sq ft$232Calculated from a 1,360 sq ft building and $315,000 sold price.
  • Sold vs. assessed value75%Sold price was 75% of the $418,700 county-assessed value.
  • Sold vs. auction minimum bid1969%Final sold price compared to the $16,000 scheduled auction minimum bid.
  • Building-to-lot ratio57%Building footprint covers about 57% of the 2,400 sq ft lot.

About this foreclosure sale

524 Coral Reef DR, Gaithersburg MD 20878 changed hands as a foreclosure sale in Montgomery County, Maryland. The home closed at $315,000. These transactions are why we keep foreclosure and pre-foreclosure data fresh across every county we cover.

Frequently asked about this sale

How much did 524 Coral Reef DR, Gaithersburg, MD 20878 sell for?

524 Coral Reef DR, Gaithersburg, MD 20878 sold for $315,000 on 09/29/2026.

When did 524 Coral Reef DR, Gaithersburg, MD 20878 sell?

The transfer of 524 Coral Reef DR, Gaithersburg, MD 20878 was recorded on in Montgomery County, MD.

Who sold 524 Coral Reef DR, Gaithersburg, MD 20878?

Listing-agent details are not publicly available for the sale of 524 Coral Reef DR, Gaithersburg, MD 20878.

Who represented the buyer of 524 Coral Reef DR, Gaithersburg, MD 20878?

Buyer-agent details are not publicly available for the sale of 524 Coral Reef DR, Gaithersburg, MD 20878.

What foreclosure filing is associated with 524 Coral Reef DR, Gaithersburg, MD 20878?

524 Coral Reef DR, Gaithersburg, MD 20878 is linked to a Notice of Foreclosure Sale filing.

What kind of property is 524 Coral Reef DR, Gaithersburg, MD 20878?

524 Coral Reef DR, Gaithersburg, MD 20878 is recorded as Residential. Its land-use classification is Townhouse (Residential). The record lists 2 bath. It was built in 1989.

How can I find more pre-foreclosure leads near Gaithersburg?

LeadCruncher tracks pre-foreclosure filings (NOD, Lis Pendens, auction notices) across Montgomery County and nationwide. Use the Find Similar Leads button above to filter by MD and start with the freshest distressed property records.

What is a foreclosure sale?

A foreclosure sale is a property sold after a borrower defaults on their mortgage and the lender completes the foreclosure process. LeadCruncher tracks recently sold foreclosure properties in Montgomery County, Maryland alongside active pre-foreclosure filings, so investors and agents can spot distressed-market activity early.

Public records and foreclosure references

To pull the recorded deed for this parcel, start with the Montgomery County, Maryland recorder of deeds. To understand how a pre-foreclosure sale reaches closing, start with the references below.

  • Public Records Online Directory

    County-by-county directory of recorder, assessor, and tax collector offices across all 50 states. Useful for pulling the original deed or recorded sale.

  • How foreclosure works — Cornell Law

    Plain-English overview of the foreclosure process in the United States, including judicial vs. non-judicial foreclosure and where a notice of default fits in the timeline.

  • Avoiding foreclosure — CFPB

    Consumer Financial Protection Bureau guidance on the options available to homeowners facing default — useful context for understanding a distressed seller's situation.

More recent foreclosure sales nearby

Looking for more like this? The county hub has the full list of foreclosure sales in the same area, with filters for price, beds, and property type.

Your next distressed deal starts here

Working Gaithersburg, MD means knowing which owners are about to need help. LeadCruncher tracks Montgomery County, MD pre-foreclosure leads from county recorder foreclosure filings (NOD, lis pendens and auction notices), refreshed continuously.

More ways to find distressed properties

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Sale details for 524 Coral Reef DR are compiled by LeadCruncher from county recorder foreclosure filings (NOD, lis pendens and auction notices) and Montgomery County, Maryland public records.

Refreshed within the past week from county recorder and assessor records.

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