NOT LISTED FOR SALE

422 Palmspring Dr Gaithersburg, MD 20878

Estimated Value: $408,000 - $462,699

3 Beds
2 Baths
1,582 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $248,000 $157 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,713/month

8 Days on Market

Highlights

  • Private Pool
  • Tennis Courts
  • Jogging Path
  • Fields Road Elementary School Rated A-
  • Breakfast Area or Nook
  • En-Suite Primary Bedroom

About This Home

As of June 2013

RIGHT OFF THE ICC, 370, &270. MINUTES FROM THE RIO. ACT QUICKLY,THIS PROPERTY WILL NOT LAST. LARGE 3 BR, 2 BA, 3 LEVEL TH IN DESIRED PARK SUMMIT. LOW HOA FEE INCLUDES POOL/TENNIS COURTS. ENTIRE UPPER LEVEL IS A HUGE MASTER SUITE WITH NO NEIGHBOR ON ONE SIDE. LARGE W/I CLOSETS. NEEDS CARPET AND PAINT. SELLER MOTIVATED, PRICED TO SELL WITH HMS WARRANTY. BRING YOUR HIGHEST OFFER 4 IMMEDIATE REVIEW!

Last Agent to Sell the Property

Christina Eury

Rise Real Estate, LLC License #0225256453 Listed on: 04/23/2013

Co-Listed By

Dawn Eury

D & D Real Estate & Development License #55657

Last Buyer's Agent

Jenny Pan

Signature Home Realty LLC

Signature Home Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1988

Lot Details

  • 1,240 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $89 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Window Treatments
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 9
  • Assessor Parcel Number 160902646066

Community Details

Overview

  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,952

Year Built

Built in 1988

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: RIGHT OFF THE ICC, 370, &270. MINUTES FROM THE RIO. ACT QUICKLY,THIS PROPERTY WILL NOT LAST. LARGE 3 BR, 2 BA, 3 LEVEL TH IN DESIRED PARK SUMMIT. LOW HOA FEE INCLUDES POOL/TENNIS COURTS. ENTIRE UPPER LEVEL IS A HUGE MASTER SUITE WITH NO NEIGHBOR ON ONE SIDE. LARGE W/I CLOSETS. NEEDS CARPET AND PAINT. SELLER MOTIVATED, PRICED TO SELL WITH HMS WARRANTY. BRING YOUR HIGHEST OFFER 4 IMMEDIATE REVIEW!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Primary Bath(s), Window Treatments
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 422

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 127.37
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 89.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 98100.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1240
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Year Assessed: 2013
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13969982
  • Tax Annual Amount: 2951.79
  • Assessor Parcel Number: 160902646066
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 06/17/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2013
Sold by
He Yongqiang and Wei Kue
Bought by
Youngs Wing Llc
Total Days on Market
8
Current Estimated Value
$429,175

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 13, 2013
Sold by
Padgug Steven L
Bought by
He Yongqiang and Wei Yue
Seller's Agent
Christina Eury
Rise Real Estate, LLC
Buyer's Agent
Jenny Pan
Signature Home Realty LLC
List Price
$235,000
Sold Price
$248,000
Premium/Discount to List
$13,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$183,300
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1988
Bought by
Padgug Steven L
Source: Public Records

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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
Youngs Wing Llc -- None Available
He Yongqiang $248,000 Landmark Title Services Inc
Padgug Steven L $92,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner He Yongqiang $183,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $248,000 +5.5% $157 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $235,000 -- $149 / 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 $4,164 $304,567 $0 $0
2023 $3,967 $291,700 $120,000 $171,700
2022 $3,756 $281,733 $0 $0
2021 $3,496 $271,767 $0 $0
2020 $3,496 $261,800 $120,000 $141,800
2019 $3,340 $251,233 $0 $0
2018 $3,211 $240,667 $0 $0
2017 $3,115 $230,100 $0 $0
2016 -- $226,100 $0 $0
2015 $2,158 $222,100 $0 $0
2014 $2,158 $218,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Eury

    Seller's Agent in 2013

    Christina Eury

    Rise Real Estate, LLC

    (202) 556-9721

    1 in this area

    31 Total Sales

    Christina Eury
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Dawn Eury

    D & D Real Estate & Development

    (240) 388-0178

    3 Total Sales

    Dawn Eury
    Section Image
  • Jenny Pan

    Buyer's Agent in 2013

    Jenny Pan

    Signature Home Realty LLC

    (240) 938-0692

    8 in this area

    96 Total Sales

    Jenny Pan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003470890

Bright MLS

APN: 09-02646066

Maryland Montgomery County Gaithersburg 20878

422 Palmspring Dr, Gaithersburg, MD

This home is located at 422 Palmspring Dr, Gaithersburg, MD 20878 since 23 April 2013 and is currently estimated at $429,175, approximately $271 per square foot. This property was built in 1988. 422 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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