$270,000
SOLD NOV 13, 2015

426 Palmspring Dr Gaithersburg, MD 20878

3 Beds
2 Baths
1,582 Sq Ft
$82/mo HOA Fee

Recently Sold

$171 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Fields Road Elementary School Rated A-
  • Contemporary Architecture
  • Living Room

About This Home

As of November 2015

Large open 3 Bed/2Bath Townhome with New Kitchen, New Laminate, Freshly Painted, New Carpet, New Washer/Dryer, and Recent Remodeled Bathrooms. Inviting freshly stained private deck perfect for outdoor entertaining. Close to Downtown Crown, The Rio, Metro Shady Grove and nearby Festival Shopping Center. 1 yr Home Warranty offered at Settlement.

Last Agent to Sell the Property

Merilee Paran

Compass Listed on: 10/07/2015

Compass

Last Buyer's Agent

Jeremy Lee

EXP Realty, LLC License #610312

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gourmet Kitchen
  • Laundry Room

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Park Summit Codm Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160902646088

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,983

Year Built

Built in 1988

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: Large open 3 Bed/2Bath Townhome with New Kitchen, New Laminate, Freshly Painted, New Carpet, New Washer/Dryer, and Recent Remodeled Bathrooms. Inviting freshly stained private deck perfect for outdoor entertaining. Close to Downtown Crown, The Rio, Metro Shady Grove and nearby Festival Shopping Center. 1 yr Home Warranty offered at Settlement.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 426

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
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 107.60
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(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: 82.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 114200.00
  • 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: 2015
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13969984
  • Tax Annual Amount: 2982.88
  • Assessor Parcel Number: 160902646088
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 11/13/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Nov 13, 2015
Sold by
Barve Kumar P
Bought by
Yang Xioaya
Seller's Agent
Merilee Paran
Compass
Buyer's Agent
Jeremy Lee
EXP Realty, LLC
List Price
$273,456
Sold Price
$270,000
Premium/Discount to List
-$3,456
-1.26%
Current Estimated Value
$459,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,373
Avg. Annual Appreciation
5.19%
Original Mortgage
$256,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Fano Maria D
Bought by
Barve Kumar P

Purchase Details

Closed on
Mar 2, 2004
Sold by
Flores & Cadima Group Llc
Bought by
Fano Maria D

Purchase Details

Closed on
Nov 18, 2003
Sold by
Ali Michael S and Ali M R
Bought by
Flores & Cadima Group Llc

Purchase Details

Closed on
Jun 9, 1999
Sold by
Dwyer William
Bought by
Ali Michael S and Ali M R
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 Type Sale Price Title Company
Deed $270,000 Eastern Title & Settlement
Deed $250,500 --
Deed $215,000 --
Deed $170,000 --
Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,000 New Conventional
Closed $256,500 New Conventional
Previous Owner $172,600 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $2,300 0.0% --
04/10/2023 04/10/23 Under Contract -- -- --
04/03/2023 04/03/23 Price Changed $2,300 -4.2% $1 / Sq Ft
03/24/2023 03/24/23 For Rent $2,400 0.0% --
03/14/2023 03/14/23 Off Market $2,400 -- --
03/04/2023 03/04/23 For Rent $2,400 0.0% --
11/13/2015 11/13/15 Sold $270,000 -1.3% $171 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $273,456 -- $173 / 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 $4,506 $330,867 $0 $0
2023 $4,992 $317,400 $120,000 $197,400
2022 $3,367 $305,833 $0 $0
2021 $3,068 $294,267 $0 $0
2020 $3,068 $282,700 $120,000 $162,700
2019 $2,842 $266,533 $0 $0
2018 $2,643 $250,367 $0 $0
2017 $2,476 $234,200 $0 $0
2016 $2,805 $230,033 $0 $0
2015 $2,805 $225,867 $0 $0
2014 $2,805 $221,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002380257

Bright MLS

APN: 09-02646088