NOT LISTED FOR SALE

429 Palmspring Dr Gaithersburg, MD 20878

Gaithersburg Area

Estimated Value: $385,000 - $447,155

3 Beds
2.5 Baths
1,582 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $334,000 $211 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,779 / mo

13 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Pool
  • Fields Road Elementary School Rated A-
  • Attic
  • Breakfast Area or Nook

About This Home

As of September 2020

This 1582 sq ft house is right in the middle of everything in Gaithersburg. It is only a mile from Rio, Downtown Crown, 270, ICC, Shady Grove Metro. It is energy efficient with low monthly utility bills, recently installed Pella windows, roof, and quiet HVAC. The house is well maintained and comes with new carpet, refrigerator, stove and updated dishwasher. There is unlimited, unassigned parking. The front door opens to common green space free from traffic and offering a nice view and just a few steps from the playground and pool. The house has 2 Full bathrooms, and a powder room on the fist level which many units don't have. The second floor features the laundry room, two large second floor bedrooms and a full bath. The third level has a HUGE top story master bedroom with en suite.

Last Agent to Sell the Property

Patricia Wills

(240) 497-1700 pat.wills@LNF.com Long & Foster Real Estate, Inc. Listed on: 08/18/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Daan De Raedt

(202) 547-5600 daan@propertycollective.com RE/MAX Allegiance

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1986

Lot Details

  • 1,200 Sq Ft Lot
  • Wood Fence
  • Front Yard

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Back-to-Back Home
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,582 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Double Hung Windows
  • Six Panel Doors
  • Combination Dining and Living Room
  • Carpet
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Free Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Playground

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Appliances

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160902435227

Community Details

Overview

  • Association fees include insurance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Park Summit HOA
  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,319

Year Built

Built in 1986

Lot Details

1,200 Sq Ft Lot

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Back-To-Back, Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-08-19
  • Year Built: 1986
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Attic, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s)
  • Window Features: Double Hung
  • Fireplace: No
  • Door Features: Six Panel
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 1582
  • Living Area Sq Ft: 1582
  • Price Per Sq Ft: 211.06
  • Above Grade Finished Sq Ft: 1582
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Tennis Court(s), Play Area
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Free
  • Type Of Parking: On Street

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 93.25
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: PARK SUMMIT
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Wood
  • Improvement Assessed Value: 140000.00
  • Land Assessed Value: 120000.00
  • Lot Features: Front Yard
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13968046
  • Tax Annual Amount: 3319.00
  • Assessor Parcel Number: 160902435227
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 28, 2020
Sold by
Bought by
Seller's Agent
Patricia Wills
Long & Foster Real Estate, Inc.
Buyer's Agent
Daan De Raedt
RE/MAX Allegiance
List Price
$333,900
Sold Price
$334,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$429,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,789
Avg. Annual Appreciation
4.37%
Original Mortgage
$300,600
Outstanding Balance
$261,251
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$168,538

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gaithersburg, MD

  • Franco Saladino Real Estate Agent - Long & Foster Real Estate, Inc.

    Franco Saladino

    Long & Foster Real Estate, Inc.

    (301) 902-0046

    100 Total Sales

    4 in Gaithersburg

    $410K - $734K Price Range

    Franco Saladino
     Section Image
  • Jack Cooper Real Estate Agent - Jack Cooper Realty

    Jack Cooper

    Jack Cooper Realty

    (667) 771-3595

    62 Total Sales

    1 in Gaithersburg

    $360,500 Price

    Jack Cooper
     Section Image
  • Philip Piantone Real Estate Agent - Long & Foster Real Estate, Inc.

    Philip Piantone

    Long & Foster Real Estate, Inc.

    (240) 558-8920

    67 Total Sales

    2 in Gaithersburg

    $279K - $530K Price Range

    Philip Piantone
     Section Image
  • Valerie Greene Real Estate Agent - Compass

    Valerie Greene

    Compass

    (202) 851-8853

    36 Total Sales

    1 in Gaithersburg

    $175,000 Price

    Valerie Greene
     Section Image
  • Snezhana Conway Real Estate Agent - Samson Properties

    Snezhana Conway

    Responds Quickly

    Samson Properties

    (240) 414-8170

    52 Total Sales

    3 in Gaithersburg

    $212K - $595K Price Range

    Snezhana Conway
     Section Image
  • Gary Walker Real Estate Agent - RE/MAX Realty Services

    Gary Walker

    RE/MAX Realty Services

    (202) 813-1967

    31 Total Sales

    1 in Gaithersburg

    $305,000 Price

    Gary Walker
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$334,000 Community Title Network Llc
$230,000 --
$230,000 --
$52,941 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,600
Previous Owner $212,500
Previous Owner $218,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $334,000 0.0% $211 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $333,900 -- $211 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,942 $336,033
2024 $4,401 $322,767 $0 $0
2023 $3,506 $309,500 $120,000 $189,500
2022 $3,206 $293,000 $0 $0
2021 $3,012 $276,500 $0 $0
2020 $5,563 $260,000 $120,000 $140,000
2019 $2,627 $249,567 $0 $0
2018 $3,043 $239,133 $0 $0
2017 $2,404 $228,700 $0 $0
2016 $2,746 $224,767 $0 $0
2015 $2,746 $220,833 $0 $0
2014 $2,746 $216,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Wills Real Estate Agent - Long & Foster

    Seller's Agent in 2020

    Patricia Wills

    Long & Foster

    (301) 219-2668

    15 Total Sales

    Patricia Wills
    Section Image
  • Daan De Raedt Real Estate Agent - RE/MAX

    Buyer's Agent in 2020

    Daan De Raedt

    RE/MAX

    (703) 581-7372

    624 Total Sales

    Daan De Raedt
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC720892

Bright MLS

APN: 09-02435227

Maryland Montgomery County Gaithersburg 20878

429 Palmspring Dr, Gaithersburg, MD

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