NOT LISTED FOR SALE

424 Palmspring Dr Gaithersburg, MD 20878

Estimated Value: $393,000 - $469,260

3 Beds
2 Baths
1,582 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $330,000 $209 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,768/month

10 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Traditional Architecture
  • Fields Road Elementary School Rated A-
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of September 2020

Beautifully renovated 3BR/2BA 3-level townhouse in Gaithersburg! New luxury vinyl tile on entry level! New paint throughout! New carpet on upper levels! Entry level family room & fully renovated kitchen w/ new white cabinets! New stainless steel appliances! 2BR/1BA on middle level w/ renovated BA! Master suite on top level w/ walk in closet & renovated BA! Won't last! Call today for your private showing!

Last Agent to Sell the Property

Brian Wilson

Redfin Corporation Listed on: 07/24/2020

Redfin Corporation

Last Buyer's Agent

Duane Emmet

Frank Emmet Real Estate, Inc., AMO License #PB98362705

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,340

Year Built

  • Built in 1988

Lot Details

  • 1,240 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,582 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Views of Woods

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160902646077

Community Details

Overview

  • Park Summit Codm Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,340

Year Built

Built in 1988

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Pantry, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Hookup, Washer In Unit
  • Total Sq Ft: 1582
  • Living Area Sq Ft: 1582
  • Price Per Sq Ft: 214.85
  • Above Grade Finished Sq Ft: 1582
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 424

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • View: Trees/Woods
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 94.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 3340.00
  • Assessor Parcel Number: 160902646077
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 29, 2020
Sold by
Santini Peter and Santini Sara A
Bought by
Gonzalez Miguel
Seller's Agent
Brian Wilson
Redfin Corporation
Buyer's Agent
Duane Emmet
Frank Emmet Real Estate, Inc., AMO
List Price
$439,900
Sold Price
$330,000
Premium/Discount to List
-$109,900
-24.98%
Total Days on Market
10
Current Estimated Value
$435,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,565
Avg. Annual Appreciation
5.74%
Original Mortgage
$303,480
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Gonzalez Miguel $330,000 Community Title Network Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Miguel $303,480
Previous Owner Gonzalez Miguel $21,782
Previous Owner Gonzalez Miguel $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $330,000 -2.9% $209 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $339,900 -22.7% $215 / Sq Ft
07/24/2020 07/24/20 For Sale $439,900 -- $278 / 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 $4,354 $319,133 $0 $0
2023 $3,459 $305,900 $120,000 $185,900
2022 $3,183 $291,200 $0 $0
2021 $3,012 $276,500 $0 $0
2020 $3,496 $261,800 $120,000 $141,800
2019 $3,340 $251,233 $0 $0
2018 $3,063 $240,667 $0 $0
2017 $3,113 $230,100 $0 $0
2016 $3,454 $226,100 $0 $0
2015 $3,454 $222,100 $0 $0
2014 $3,454 $218,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC717878

Bright MLS

APN: 09-02646077