503 Palmtree Dr Unit 10 Gaithersburg, MD 20878
Estimated Value: $250,000 - $279,000
2
Beds
2
Baths
964
Sq Ft
$320/mo
HOA Fee
Highlights
- In Ground Pool
- Open Floorplan
- Garden View
- Fields Road Elementary School Rated A-
- Contemporary Architecture
- Attic
About This Home
As of November 2018Spacious condo features a large master suite with attached full bath and walk in closet. Living/dining combo with wood burning fireplace. Private balcony has beautiful courtyard views. Community includes pool, tennis, playground and nearby trails. 2 assigned parking spaces and plenty of guest parking. Condo fee includes water,trash and pool access! Recent HVAC (2014) and fresh paint. Pets allowed. Located close to shopping, NIST & I-270.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,377
Year Built
- Built in 1987
Lot Details
- Northwest Facing Home
- Property is in very good condition
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 964 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Wood Burning Fireplace
- Double Pane Windows
- Sliding Doors
- Insulated Doors
- Entrance Foyer
- Combination Dining and Living Room
- Garden Views
- Attic
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Free Parking
- Paved Parking
- On-Street Parking
- Parking Space Conveys
- 2 Assigned Parking Spaces
Accessible Home Design
- Doors swing in
Outdoor Features
- In Ground Pool
- Balcony
- Playground
Schools
- Fields Road Elementary School
- Ridgeview Middle School
- Quince Orchard High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- 220 Volts
- Electric Water Heater
- Fiber Optics Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 160902670966
Community Details
Overview
- Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), trash, snow removal, water
- Low-Rise Condominium
- Park Summit Codm Community
- Park Summit Codm Subdivision
- The community has rules related to alterations or architectural changes
Amenities
- Common Area
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2018
Closed on
Nov 30, 2018
Sold by
Bashiri Mehri and Momeni Eisa
Bought by
Osorio Branco Pedro Sol
Seller's Agent
Joe Howerton
Taylor Properties
Buyer's Agent
Regina Branco
Spring Hill Real Estate, LLC.
List Price
$188,500
Sold Price
$190,000
Premium/Discount to List
$1,500
0.8%
Total Days on Market
29
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
$72,367
Avg. Annual Appreciation
4.99%
Original Mortgage
$181,338
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2006
Sold by
Stidham Jerome C
Bought by
Momeni Eisa
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
6.27%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 3, 2006
Sold by
Stidham Jerome C
Bought by
Momeni Eisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 1, 2005
Sold by
Stidham Jerome C
Bought by
Stidham Jerome C
Purchase Details
Closed on
Jun 24, 2005
Sold by
Stidham Jerome C
Bought by
Stidham Jerome C
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
Similar Homes in Gaithersburg, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osorio Branco Pedro Sol | $190,000 | Title Town Settlements Llc | |
| Momeni Eisa | $260,000 | -- | |
| Momeni Eisa | $260,000 | -- | |
| Stidham Jerome C | -- | -- | |
| Stidham Jerome C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Branco Pedro Sol Osorio | $182,000 | |
| Closed | Osorio Branco Pedro Sol | $181,338 | |
| Previous Owner | Momeni Eisa | $20,000 | |
| Previous Owner | Momeni Eisa | $208,000 | |
| Previous Owner | Momeni Eisa | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $190,000 | +0.8% | $197 / Sq Ft |
| 10/11/2018 10/11/18 | For Sale | $188,500 | 0.0% | $196 / Sq Ft |
| 12/22/2015 12/22/15 | Rented | $1,375 | -8.3% | -- |
| 11/22/2015 11/22/15 | Under Contract | -- | -- | -- |
| 08/03/2015 08/03/15 | For Rent | $1,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $2,597 | $195,000 | $0 | $0 |
| 2023 | $3,147 | $185,000 | $55,500 | $129,500 |
| 2022 | $1,598 | $176,667 | $0 | $0 |
| 2021 | $1,502 | $168,333 | $0 | $0 |
| 2020 | $1,389 | $160,000 | $48,000 | $112,000 |
| 2019 | $1,396 | $160,000 | $48,000 | $112,000 |
| 2018 | $2,095 | $160,000 | $48,000 | $112,000 |
| 2017 | $2,294 | $180,000 | $0 | $0 |
| 2016 | -- | $170,000 | $0 | $0 |
| 2015 | $2,277 | $160,000 | $0 | $0 |
| 2014 | $2,277 | $150,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Howerton
Seller's Agent in 2018
Joe Howerton
Taylor Properties
(800) 913-4326
43 Total Sales
-
Regina Branco
Buyer's Agent in 2018
Regina Branco
Spring Hill Real Estate, LLC.
(301) 828-0046
17 Total Sales
-
Hazel Pagan-Bullock
Seller's Agent in 2015
Hazel Pagan-Bullock
Long & Foster
(301) 908-6767
2 in this area
69 Total Sales
-
Seller Co-Listing Agent in 2015
Christina Watson
Long & Foster
-
Buyer's Agent in 2015
Aracelys Ruiz-Urbina
Weichert Corporate
Map
Source: Bright MLS
MLS Number: 1009918076
APN: 09-02670966
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