NOT LISTED FOR SALE

414 Palmtree Dr Gaithersburg, MD 20878

Estimated Value: $358,000 - $389,451

2 Beds
1.5 Baths
1,120 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $255,000 $228 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,435/month

4 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Heat Pump System
  • Fields Road Elementary School Rated A-
  • Jogging Path
  • Northwest Facing Home

About This Home

As of April 2020

Terrific starter home in a quiet neighborhood, convenient to 270, ICC, Crown Farm, RIO, Kentlands. Community pool, tennis courts, trails all included in one of the lowest HOA fees in the area. This end-unit is clean and ready to go! Move in as soon as you choose. Two good sized bedrooms, well-kept HVAC, and no maintenance vinyl siding, vinyl windows, and a sound roof are what makes this house a good buy. Open house Sunday 3-15-2020 2-4 pm. Reviewing offers Monday 3-16 3:00 pm.

Last Agent to Sell the Property

Christopher Brown

Long & Foster Real Estate, Inc. License #530131 Listed on: 03/12/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Anastasiia Kulin

Pearson Smith Realty, LLC License #672434

Pearson Smith Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1988

Lot Details

  • 2,342 Sq Ft Lot
  • Northwest Facing Home

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Back-to-Back Home
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Schools

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

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160902645984

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s)
  • Park Summit HOA
  • Park Summit Codm Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,108

Year Built

Built in 1988

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Back-To-Back
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1988
  • Remarks Public: Terrific starter home in a quiet neighborhood, convenient to 270, ICC, Crown Farm, RIO, Kentlands. Community pool, tennis courts, trails all included in one of the lowest HOA fees in the area. This end-unit is clean and ready to go! Move in as soon as you choose. Two good sized bedrooms, well-kept HVAC, and no maintenance vinyl siding, vinyl windows, and a sound roof are what makes this house a good buy. Open house Sunday 3-15-2020 2-4 pm. Reviewing offers Monday 3-16 3:00 pm.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 223.12
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 414

Beds/Baths

  • Bedrooms: 2
  • 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
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 93.25
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s)
  • HOA Name: PARK SUMMIT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 115200.00
  • Land Assessed Value: 120000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2342.00
  • Year Assessed: 2020
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13969974
  • Tax Annual Amount: 3108.00
  • Assessor Parcel Number: 160902645984
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/13/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 13, 2020
Sold by
Limber Nahid and Estate Of Hamed Vahidi
Bought by
Winn Elena
Seller's Agent
Christopher Brown
Long & Foster Real Estate, Inc.
Buyer's Agent
Anastasiia Kulin
Pearson Smith Realty, LLC
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
$372,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,363
Avg. Annual Appreciation
6.54%
Original Mortgage
$170,000
Outstanding Balance
$123,161
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$234,263

Purchase Details

Closed on
Aug 1, 2002
Sold by
Ferguson Irene K Trustee
Bought by
Vahidi Hamed

Purchase Details

Closed on
Dec 21, 1995
Sold by
Widmayer Irene K
Bought by
Irene K Ferguson Trustee
Source: Public Records

Range of Values:

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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
Winn Elena $255,000 Psr Title Llc
Vahidi Hamed $112,000 --
Irene K Ferguson Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winn Elena $170,000
Previous Owner Vahidi Hamed $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $255,000 +2.0% $228 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $249,900 -- $223 / 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 $3,648 $262,733 $0 $0
2023 $4,043 $242,000 $120,000 $122,000
2022 $2,567 $239,733 $0 $0
2021 $2,550 $237,467 $0 $0
2020 $2,501 $235,200 $120,000 $115,200
2019 $2,416 $230,333 $0 $0
2018 $2,355 $225,467 $0 $0
2017 $2,329 $220,600 $0 $0
2016 -- $217,400 $0 $0
2015 $2,077 $214,200 $0 $0
2014 $2,077 $211,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Brown

    Seller's Agent in 2020

    Christopher Brown

    Long & Foster

    (301) 928-2479

    1 in this area

    39 Total Sales

    Section Image
  • Anastasiia Kulin

    Buyer's Agent in 2020

    Anastasiia Kulin

    Pearson Smith Realty, LLC

    (202) 445-4436

    48 Total Sales

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Map

Source: Bright MLS

MLS Number: MDMC699800

Bright MLS

APN: 09-02645984

Maryland Montgomery County Gaithersburg 20878

414 Palmtree Dr, Gaithersburg, MD

This home is located at 414 Palmtree Dr, Gaithersburg, MD 20878 since 12 March 2020 and is currently estimated at $372,363, approximately $332 per square foot. This property was built in 1988. 414 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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