V
Landlord's Agent in 2021
Vivian Hsieh
United Realty, Inc.
(301) 254-7407
3 in this area
34 Total Sales
501 Palmtree Dr Unit 608 Gaithersburg, MD 20878
Estimated Value: $254,050 - $267,000
2
Beds
1
Bath
864
Sq Ft
1,525
Sq Ft Lot
Highlights
- Open Floorplan
- Contemporary Architecture
- Upgraded Countertops
- Fields Road Elementary School Rated A-
- Wood Flooring
- Community Pool
About This Home
As of June 2021Strickly NO PET - NO SMOKER! Beautiful! The whole house was RENOVATED - Like new condition - Bright 2BR - 1FB- DOUBLE SLIDING DOORS TO BALCONY, SEPERATE LAUNDRY ROOM (FULL-SIZE WASHER/DRYER), LARGE BEDROOM, PANTRIES, CLOSETS. Lots of parking spaces and 1-assigned parking in front (4-i). SWIMMING POOL & TENNIS COURTS. COMMUTERS DELIGHT. MINS TO CROWN FARM/RIO/270/370, Kentland, and Muddy Branch Shopping Center. Ride-on to metro, and more. The renter only pays for the electricity bill (the owner pays for the condo fee, which includes water-trash removal-snow removal).
Last Agent to Rent the Property
United Realty, Inc. License #317481 Listed on: 05/29/2021
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $2,575
Year Built
- Built in 1987 | Remodeled in 2013
Lot Details
- 1,525
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 864 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Oven
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Free Parking
- On-Street Parking
Schools
- Fields Road Elementary School
- Lakelands Park Middle School
- Quince Orchard High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- Doors swing in
- Property is in very good condition
Listing and Financial Details
- Residential Lease
- Security Deposit $1,525
- Tenant pays for minor interior maintenance, electricity
- The owner pays for real estate taxes, association fees, water, snow removal, management
- Rent includes hoa/condo fee, pool maintenance, recreation facility, snow removal, taxes, trash removal, water
- No Smoking Allowed
- 24-Month Min and 60-Month Max Lease Term
- Available 5/29/21
- $50 Application Fee
- Assessor Parcel Number 160902759625
Community Details
Overview
- Property has a Home Owners Association
- Association fees include lawn maintenance, pool(s), snow removal, trash, water
- Low-Rise Condominium
- Park Summit Codm Subdivision, Excellent Floor !! Floorplan
- Park Summit Community
- Property Manager
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Jogging Path
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2019
Closed on
Mar 28, 2019
Sold by
Liu Chun Mei and Liu Chiung Huei
Bought by
Chen Jeng Chawn Yaw and Chen Jeng Shwuching
Seller's Agent
Vivian Hsieh
United Realty, Inc.
Buyer's Agent
Austin Hsu
United Realty, Inc.
Sold Price
$1,450
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,005
Avg. Annual Appreciation
6.02%
Purchase Details
Closed on
Jun 25, 2010
Sold by
Tsu Chen Y
Bought by
Liu Chun Mei
Purchase Details
Closed on
Aug 31, 1995
Sold by
Nghieu Hue L
Bought by
Tsu Chen Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.61%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Jeng Chawn Yaw | $179,500 | Gpn Title Inc | |
| Liu Chun Mei | $145,000 | -- | |
| Tsu Chen Y | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jeng Chawn Yaw | $157,500 | |
| Previous Owner | Tsu Chen Y | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2021 06/11/21 | Rented | $1,525 | 0.0% | -- |
| 06/07/2021 06/07/21 | Under Contract | -- | -- | -- |
| 05/29/2021 05/29/21 | For Rent | $1,525 | +5.2% | -- |
| 04/22/2019 04/22/19 | Rented | $1,450 | 0.0% | -- |
| 03/28/2019 03/28/19 | Sold | $179,500 | 0.0% | $208 / Sq Ft |
| 03/26/2019 03/26/19 | For Rent | $1,450 | 0.0% | -- |
| 03/12/2019 03/12/19 | Pending | -- | -- | -- |
| 03/08/2019 03/08/19 | For Sale | $179,000 | -- | $207 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,575 | $211,667 | -- | -- |
| 2024 | $2,575 | $193,333 | $0 | $0 |
| 2023 | $2,326 | $175,000 | $52,500 | $122,500 |
| 2022 | $2,206 | $170,000 | $0 | $0 |
| 2021 | $2,152 | $165,000 | $0 | $0 |
| 2020 | $2,081 | $160,000 | $48,000 | $112,000 |
| 2019 | $2,088 | $160,000 | $48,000 | $112,000 |
| 2018 | $2,095 | $160,000 | $48,000 | $112,000 |
| 2017 | $2,083 | $165,000 | $0 | $0 |
| 2016 | $1,840 | $155,000 | $0 | $0 |
| 2015 | $1,840 | $145,000 | $0 | $0 |
| 2014 | $1,840 | $135,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Landlord's Co-Listing Agent in 2021
Austin Hsu
United Realty, Inc.
(240) 606-6666
3 in this area
21 Total Sales
-
j
Buyer's Agent in 2019
james chao
RE/MAX
Map
Source: Bright MLS
MLS Number: MDMC761392
APN: 09-02759625
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