NOT LISTED FOR SALE

406 Palmtree Dr Gaithersburg, MD 20878

Gaithersburg Area

Estimated Value: $408,000 - $437,125

3 Beds
2.5 Baths
1,582 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2017

Last sale price $274,500 $174 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,767 / mo

7 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Ceiling Fan
  • Fields Road Elementary School Rated A-
  • Combination Dining and Living Room
  • Heat Pump System

About This Home

As of May 2017

Beautiful townhome located minutes from Rio Center, Crown, and Kentlands. Easy access to multiple shopping centers, I-270, 370, and 200. Hardwood floors throughout the main level and stainless steel appliances. Large master bedroom with walk-in closet. Recent updates include water heater & 3 baths 2017, stove & dishwasher 2012, refrigerator 2015, roof 2011, hardwood & carpets 2011..OH 4/15 1-3 pm

Last Agent to Sell the Property

James Wu

(240) 219-2422 jameswuteam@compass.com Compass License #SP98373810 Listed on: 04/13/2017

Compass

Last Buyer's Agent

Jeremy Lee

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #610312

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1988

Lot Details

  • 1,200 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Free Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Park Summit Codm Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160902646022

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,192

Year Built

Built in 1988

Lot Details

1,200 Sq Ft Lot

HOA Fees

$85 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free

Utilities

  • Refuse: 118.91
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • 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

  • HOA Fees: 85.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Improvement Assessed Value: 116300.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Property Attached Yn: Yes
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13969978
  • Tax Annual Amount: 3191.65
  • Assessor Parcel Number: 160902646022
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 26, 2017
Sold by
Bought by
Seller's Agent
James Wu
Compass
Buyer's Agent
Jeremy Lee
EXP Realty, LLC
List Price
$274,500
Sold Price
$274,500
Current Estimated Value
$423,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,531
Avg. Annual Appreciation
4.83%
Original Mortgage
$205,850
Interest Rate
0.0403%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$274,500 Eastern Title & Settlement
-- --
$249,000 --
$142,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $205,850
Previous Owner $190,000
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $274,500 0.0% $174 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $274,500 -- $174 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,527 $327,833
2024 $4,297 $314,767 $0 $0
2023 $4,097 $301,700 $120,000 $181,700
2022 $3,874 $291,100 $0 $0
2021 $3,598 $280,500 $0 $0
2020 $3,598 $269,900 $120,000 $149,900
2019 $3,435 $258,700 $0 $0
2018 $3,298 $247,500 $0 $0
2017 $3,195 $236,300 $0 $0
2016 $2,828 $232,067 $0 $0
2015 $2,828 $227,833 $0 $0
2014 $2,828 $223,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wu

    Seller's Agent in 2017

    James Wu

    Compass

    (301) 674-3030

    48 Total Sales

    James Wu
    Section Image

  • J

    Buyer's Agent in 2017

    Jeremy Lee

    EXP Realty, LLC

    (540) 287-4805

    33 Total Sales

    Jeremy Lee
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002511293

Bright MLS

APN: 09-02646022

Maryland Montgomery County Gaithersburg 20878

406 Palmtree Dr, Gaithersburg, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.