NOT LISTED FOR SALE

401 Palmtree Dr Gaithersburg, MD 20878

Estimated Value: $360,000 - $390,245

3 Beds
1.5 Baths
1,120 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $245,000 $219 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,378/month

Highlights

  • Living Room
  • En-Suite Primary Bedroom
  • Heat Pump System
  • Fields Road Elementary School Rated A-
  • Central Air

About This Home

As of December 2018

Renovated two level End unit at great location. Brand new full bathroom, fresh paint, recently updated kitchen with dinning area, granite counter top, large master bedroom with walk in closet, wood like floor throughout whole house, fenced yard with patio. Close to main commutes, shopping plaza and restaurants. Would not last long.

Last Agent to Sell the Property

hua gao

helayna.hg@gmail.com Libra Realty, LLC Listed on: 11/18/2018

Last Buyer's Agent

Jack Wang

(240) 731-9919 jack@rlathome.com RLAH @properties

RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1987

Lot Details

  • 2,460 Sq Ft Lot

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Back-to-Back Home
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include trash
  • Park Summit Codm Subdivision

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 160902645905

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,037

Year Built

Built in 1987

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Back-To-Back
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Remarks Public: Renovated two level End unit at great location. Brand new full bathroom, fresh paint, recently updated kitchen with dinning area, granite counter top, large master bedroom with walk in closet, wood like floor throughout whole house, fenced yard with patio. Close to main commutes, shopping plaza and restaurants. Would not last long.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 218.66
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 118.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 87.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 114400.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2460.00
  • Year Assessed: 2018
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13969966
  • Tax Annual Amount: 3037.00
  • Assessor Parcel Number: 160902645905
  • Tax Lot: 72
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/28/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2018
Closed on
Dec 21, 2018
Sold by
Zhang Kexin and Tang Xiaoming
Bought by
Meraz Darwin Amaya
Seller's Agent
hua gao
Libra Realty, LLC
Buyer's Agent
Jack Wang
RLAH @properties
List Price
$244,900
Sold Price
$245,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$377,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,311
Avg. Annual Appreciation
6.53%
Original Mortgage
$205,963
Outstanding Balance
$180,722
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$196,589

Purchase Details

Closed on
May 6, 2010
Sold by
Tang Xiaoming and Zhang Shu
Bought by
Zhang Shu

Purchase Details

Closed on
Dec 8, 2004
Sold by
Ko Mei
Bought by
Tang Xiaoming
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meraz Darwin Amaya $245,000 None Available
Zhang Shu -- --
Tang Xiaoming $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meraz Darwin Amaya $205,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $245,000 0.0% $219 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/18/2018 11/18/18 For Sale $244,900 -- $219 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,736 $290,867 -- --
2024 $3,736 $269,533 $0 $0
2023 $2,740 $248,200 $120,000 $128,200
2022 $2,616 $243,600 $0 $0
2021 $2,570 $239,000 $0 $0
2020 $2,491 $234,400 $120,000 $114,400
2019 $2,407 $229,567 $0 $0
2018 $2,345 $224,733 $0 $0
2017 $2,321 $219,900 $0 $0
2016 $2,389 $216,767 $0 $0
2015 $2,389 $213,633 $0 $0
2014 $2,389 $210,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • hua gao

    Seller's Agent in 2018

    hua gao

    Libra Realty, LLC

    15 Total Sales

    hua gao
    Section Image
  • Jack Wang

    Buyer's Agent in 2018

    Jack Wang

    Real Living at Home

    (240) 731-9919

    4 in this area

    163 Total Sales

    Jack Wang
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC129810

Bright MLS

APN: 09-02645905

Maryland Montgomery County Gaithersburg 20878

401 Palmtree Dr, Gaithersburg, MD

This home is located at 401 Palmtree Dr, Gaithersburg, MD 20878 since 18 November 2018 and is currently estimated at $377,311, approximately $336 per square foot. This property was built in 1987. 401 Palmtree Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

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