NOT LISTED FOR SALE

405 Palmtree Dr Gaithersburg, MD 20878

Estimated Value: $380,000 - $461,000

3 Beds
2.5 Baths
1,604 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $233,000 $145 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,556/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • No HOA
  • Fields Road Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2019

Great location! Spacious and beautifully updated Park Summit townhouse located just a few minutes to 270, Shady Grove Metro, lively Downtown Crown, the RIO Washingtonian Center, and more! Bright townhouse. upgrade included: Hardwood floor, Kitchen cabinets, appliances, hot water heater, windows, baths, heater and more... a few mins to swimming pool, plenty of parking. Must see!

Last Agent to Rent the Property

Kelly Zhang

(301) 919-8291 kellyzhang416@hotmail.com Signature Home Realty LLC Listed on: 05/02/2019

Signature Home Realty LLC

Last Renter's Agent

Kelly Zhang

(301) 919-8291 kellyzhang416@hotmail.com Signature Home Realty LLC Listed on: 05/02/2019

Signature Home Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1987

Lot Details

  • 1,240 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Property has 3 Levels
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,850
  • Tenant pays for gutter cleaning, frozen waterpipe damage, HVAC maintenance, exterior maintenance, minor interior maintenance, all utilities
  • Rent includes hoa/condo fee
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 5/2/19
  • $45 Application Fee
  • Assessor Parcel Number 160902645927

Community Details

Overview

  • No Home Owners Association
  • Park Summit Codm Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,211

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Date Available: 2019-05-02
  • Application Fee: 45.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee
  • Security Deposit: 1850.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Gutter Cleaning, Frozen Waterpipe Damage, Hvac Maintenance, Exterior Maintenance, Minor Interior Maintenance, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: Great location! Spacious and beautifully updated Park Summit townhouse located just a few minutes to 270, Shady Grove Metro, lively Downtown Crown, the RIO Washingtonian Center, and more! Bright townhouse. upgrade included: Hardwood floor, Kitchen cabinets, appliances, hot water heater, windows, baths, heater and more... a few mins to swimming pool, plenty of parking. Must see!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1604
  • Living Area Sq Ft: 1604
  • Price Per Sq Ft: 1.15
  • Above Grade Finished Sq Ft: 1604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

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

Exterior Features

  • Other Structures: Above 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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Property Condition: Very Good
  • Zoning: 0000

Tax Info

  • Assessor Parcel Number: 13969968
  • Assessor Parcel Number: 160902645927
  • Close Date: 06/01/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
May 27, 2016
Sold by
Lizondo Pablo D and Lizondo Anne K Castillo
Bought by
Zhang Shujun
Seller's Agent
Parvaneh Naghash
Long & Foster Real Estate, Inc.
Buyer's Agent
Shirley Zhang
Evergreen Properties
List Price
$230,000
Sold Price
$233,000
Premium/Discount to List
$3,000
1.3%
Current Estimated Value
$420,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,377
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
May 23, 2005
Sold by
Federline April J
Bought by
Lizondo Pablo D and Castill Anne K

Purchase Details

Closed on
May 5, 2005
Sold by
Federline April J
Bought by
Lizondo Pablo D and Castill Anne K

Purchase Details

Closed on
Oct 26, 1999
Sold by
Burns Andrea A and Burns K F
Bought by
Federline April J

Purchase Details

Closed on
Jul 1, 1998
Sold by
Olsen Andrea A
Bought by
K Andrea A and K Burns F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2019 06/01/19 Rented $1,850 0.0% --
05/14/2019 05/14/19 Under Contract -- -- --
05/02/2019 05/02/19 For Rent $1,850 0.0% --
08/02/2018 08/02/18 Rented $1,850 +1.6% --
07/19/2018 07/19/18 Under Contract -- -- --
07/03/2018 07/03/18 For Rent $1,820 +1.1% --
08/01/2016 08/01/16 Rented $1,800 0.0% --
07/24/2016 07/24/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $1,800 0.0% --
05/27/2016 05/27/16 Sold $233,000 +1.3% $145 / Sq Ft View Prior Sale
01/19/2015 01/19/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $230,000 -- $143 / 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 $4,211 $318,933 -- --
2024 $4,211 $306,067 $0 $0
2023 $4,015 $293,200 $120,000 $173,200
2022 $3,812 $283,600 $0 $0
2021 $3,561 $274,000 $0 $0
2020 $3,561 $264,400 $120,000 $144,400
2019 $3,410 $254,200 $0 $0
2018 $3,283 $244,000 $0 $0
2017 $3,189 $233,800 $0 $0
2016 $2,789 $229,700 $0 $0
2015 $2,789 $225,600 $0 $0
2014 $2,789 $221,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC656482

Bright MLS

APN: 09-02645927