NOT LISTED FOR SALE

409 Palmspring Dr Gaithersburg, MD 20878

Estimated Value: $454,000 - $467,782

3 Beds
2.5 Baths
1,604 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $280,000 $175 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,974/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Country Kitchen
  • Heat Pump System
  • Fields Road Elementary School Rated A-
  • Central Air

About This Home

As of October 2016

New, new, new. Close to 270, 370, restaurants, shops. Ample parking spaces unlike other town home communities. pool, tennis courts, multiple playgrounds, and easy access to parks with paved walking trails Price to sell and you will be impressed .

Last Agent to Sell the Property

James Wu

Compass License #0225205230 Listed on: 08/20/2016

Compass

Last Buyer's Agent

Lizzy Conroy

Serhant License #0225193040

Serhant

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Back-to-Back Home
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • Free Parking
  • On-Street Parking

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 160902435034

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,923

Year Built

Built in 1986

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Back-To-Back
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1986
  • Remarks Public: New, new, new. Close to 270, 370, restaurants, shops. Ample parking spaces unlike other town home communities. pool, tennis courts, multiple playgrounds, and easy access to parks with paved walking trails Price to sell and you will be impressed .
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 409

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
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • 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
  • Type Of Parking: On Street

Utilities

  • Refuse: 119.88
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 83.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Improvement Assessed Value: 106100.00
  • 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
  • Year Assessed: 2016
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13968027
  • Tax Annual Amount: 2922.76
  • Assessor Parcel Number: 160902435034
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1604
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/14/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Oct 14, 2016
Sold by
Margolis Amy Lynn
Bought by
Detty Roselina A and Detty Linda M
Seller's Agent
James Wu
Compass
Buyer's Agent
Lizzy Conroy
Serhant
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$460,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,196
Avg. Annual Appreciation
5.45%
Original Mortgage
$274,928
Outstanding Balance
$221,025
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$226,662

Purchase Details

Closed on
Sep 21, 2012
Sold by
Bianchi Amy Lynn and Margolis Amy Lynn
Bought by
Margolis Amy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,912
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2008
Sold by
Hashmi Abrar H
Bought by
Bianchi Amy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,509
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2008
Sold by
Hashmi Abrar H
Bought by
Bianchi Amy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,509
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1999
Sold by
Shemer Bethanne
Bought by
Hashmi Abrar H and Saadia Perwaiz
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Detty Roselina A $280,000 Fenton Title Co
Margolis Amy Lynn -- Guaranteed Trust Title Llc
Bianchi Amy Lynn $268,000 --
Bianchi Amy Lynn $268,000 --
Hashmi Abrar H $106,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detty Roselina A $274,928
Previous Owner Margolis Amy Lynn $250,912
Previous Owner Bianchi Amy Lynn $264,509
Previous Owner Bianchi Amy Lynn $264,509
Previous Owner Hashmi Abrar H $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $280,000 0.0% $175 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $280,000 -- $175 / 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
2024 $4,454 $326,833 $0 $0
2023 $4,942 $313,500 $120,000 $193,500
2022 $3,321 $302,167 $0 $0
2021 $3,027 $290,833 $0 $0
2020 $3,027 $279,500 $120,000 $159,500
2019 $2,781 $261,700 $0 $0
2018 $2,560 $243,900 $0 $0
2017 $2,371 $226,100 $0 $0
2016 $2,726 $222,267 $0 $0
2015 $2,726 $218,433 $0 $0
2014 $2,726 $214,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wu

    Seller's Agent in 2016

    James Wu

    Compass

    (301) 674-3030

    5 in this area

    82 Total Sales

    Section Image
  • Lizzy Conroy

    Buyer's Agent in 2016

    Lizzy Conroy

    Serhant

    (202) 441-3630

    221 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002453685

Bright MLS

APN: 09-02435034

Maryland Montgomery County Gaithersburg 20878

409 Palmspring Dr, Gaithersburg, MD

This home is located at 409 Palmspring Dr, Gaithersburg, MD 20878 since 20 August 2016 and is currently estimated at $460,196, approximately $286 per square foot. This property was built in 1986. 409 Palmspring 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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