22504 Phillips St Unit 503 Clarksburg, MD 20871
Estimated payment $2,877/month
Highlights
- Open Floorplan
- Colonial Architecture
- 1 Car Attached Garage
- Clarksburg Elementary Rated A
- Balcony
- Community Playground
About This Home
Investor Alert!!! Come and see this townhome-style condo in the highly sought-after Gallery Park community in Clarksburg is a rare find! With its incredible layout and spacious living areas, this property is perfect for seasoned investors looking to buy and hold. The current lease generates $2,726/month from HOC in rental income, providing a fantastic opportunity for passive income. The condo boasts 3 spacious bedrooms and 2.5 bathrooms, a gourmet kitchen with granite countertops and stainless steel appliances, and a huge island perfect for food preparation and entertaining. Enjoy the beautiful balcony, one-car garage, and prime location near Clarksburg Premium Outlets, I-270, and major regional parks like Black Hill and Little Bennett. The location offers easy access to major highways for commuting convenience and is close to shopping and entertainment. Outdoor enthusiasts will love the proximity to regional parks, where hiking, camping, and other activities await. Don't miss out on this incredible opportunity! Schedule a viewing at one of our upcoming open houses and make an offer today. Contact us to learn more about this fantastic property! Pictures are not recent, Come to the open house for only showings. Price reflects the condition of the home.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,500
Year Built
- Built in 2012
HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Composition Roof
Interior Spaces
- 1,844 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Ceiling height of 9 feet or more
- Combination Kitchen and Dining Room
- Laminate Flooring
Kitchen
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on upper level
- Stacked Washer and Dryer
Outdoor Features
- Balcony
Schools
- Clarksburg Elementary School
- Rocky Hill Middle School
- Clarksburg High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Assessor Parcel Number 160203700455
Community Details
Overview
- Association fees include parking fee, road maintenance
- $23 Other Monthly Fees
- Gallery Park Community Association, Inc HOA
- Gallery Park Condominium, Inc Condos
- Gallery Park Cod Community
- Gallery Park Subdivision
Recreation
- Community Playground
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,500 | $385,000 | $115,500 | $269,500 |
| 2024 | $4,500 | $360,000 | $0 | $0 |
| 2023 | $4,194 | $335,000 | $0 | $0 |
| 2022 | $2,499 | $310,000 | $93,000 | $217,000 |
| 2021 | $3,626 | $303,333 | $0 | $0 |
| 2020 | $3,531 | $296,667 | $0 | $0 |
| 2019 | $3,445 | $290,000 | $87,000 | $203,000 |
| 2018 | $3,365 | $283,333 | $0 | $0 |
| 2017 | $2,646 | $276,667 | $0 | $0 |
| 2016 | -- | $270,000 | $0 | $0 |
| 2015 | -- | $266,667 | $0 | $0 |
| 2014 | -- | $263,333 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/22/2025 10/22/25 | Price Changed | $420,000 | -1.2% | $228 / Sq Ft | |
| 09/03/2025 09/03/25 | For Sale | $425,000 | 0.0% | $230 / Sq Ft | |
| 01/01/2024 01/01/24 | Rented | $2,800 | -3.4% | -- | |
| 11/17/2023 11/17/23 | Price Changed | $2,900 | -1.7% | $2 / Sq Ft | |
| 10/26/2023 10/26/23 | For Rent | $2,950 | 0.0% | -- | |
| 10/22/2023 10/22/23 | Price Changed | $2,950 | +49.4% | $2 / Sq Ft | |
| 04/26/2015 04/26/15 | Rented | $1,975 | 0.0% | -- | |
| 04/23/2015 04/23/15 | Under Contract | -- | -- | -- | |
| 02/17/2015 02/17/15 | For Rent | $1,975 | 0.0% | -- | |
| 11/21/2014 11/21/14 | Sold | $309,990 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 10/09/2014 10/09/14 | Pending | -- | -- | -- | |
| 09/18/2014 09/18/14 | For Sale | $309,990 | -- | $168 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $309,990 | None Available | |
| Deed | $284,140 | Hallmark Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,490 | New Conventional | |
| Previous Owner | $276,936 | FHA |
Source: Bright MLS
MLS Number: MDMC2197750
APN: 02-03700455
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