Valerie Greene
Compass
(202) 851-8853
36 Total Sales
1 in Gaithersburg
$175,000 Price
503 Palmtree Dr Unit 8 Gaithersburg, MD 20878
Gaithersburg AreaEstimated Value: $233,000 - $267,000
2
Beds
1
Bath
864
Sq Ft
2,439
Sq Ft Lot
Highlights
- Open Floorplan
- Colonial Architecture
- Tennis Courts
- Fields Road Elementary School Rated A-
- Community Pool
- Balcony
About This Home
As of April 20242 bedroom condo for rent! Large and bright living room with 2 sliding doors leading to the cozy balcony. Two spacious bedrooms, In-unit laundry room with full-size washer & dryer. Beautiful kitchen with granite countertops. landlord pays condo fee which includes water. Community pool and tennis courts. Pets case by case with approval, $50 pets fee/month. $400 pet deposit. Fantastic location, Convenient to Downtown Crown, The Rio, Kentlands, I270, Shady Grove Metro, ICC, Bus Service. Available May 17th, Landlord will touch up walls, shampoo carpet and caulk the bathroom before new renters moving in, Occupied, schedule to show.
Last Agent to Rent the Property
(240) 398-8102 hannaprostage@gmail.com Prostage Realty, LLC Listed on: 04/21/2024
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Condo Details
Home Type
- Condominium
Year Built
- Built in 1987
Lot Details
- 2,439
HOA Fees
- $364 Monthly HOA Fees
Home Design
- Colonial Architecture
- Entry on the 1st floor
- Shingle Siding
Interior Spaces
- 864 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Double Pane Windows
- Combination Dining and Living Room
- Carpet
Kitchen
- Stove
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Free Parking
- Parking Lot
- Unassigned Parking
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Balcony
- Property is in good condition
Listing and Financial Details
- Residential Lease
- Security Deposit $1,700
- Tenant pays for electricity, minor interior maintenance, light bulbs/filters/fuses/alarm care
- The owner pays for association fees
- Rent includes hoa/condo fee, water
- No Smoking Allowed
- 12-Month Min and 36-Month Max Lease Term
- Available 5/17/24
- $40 Application Fee
- $75 Repair Deductible
- Assessor Parcel Number 160902670944
Community Details
Overview
- Association fees include common area maintenance, parking fee, snow removal, trash, water
- Low-Rise Community
- Park Summit Codm Community
- Park Summit Codm Subdivision
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Size Limit
- Pet Deposit $400
- $50 Monthly Pet Rent
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
Apr 6, 2023
Closed on
May 19, 2023
Sold by
Bought by
Seller's Agent
Kelly Zhang
Signature Home Realty LLC
Buyer's Agent
Shannon Zhao
Signature Home Realty LLC
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Views
159
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
$19,872
Avg. Annual Appreciation
2.53%
Original Mortgage
$132,000
Outstanding Balance
$126,994
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$127,878
Purchase Details
Listed on
Mar 16, 2017
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Megan Liu
Prostage Realty, LLC
Buyer's Agent
Megan Liu
Prostage Realty, LLC
Sold Price
$1,350
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$116,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2016
Sold by
Bought by
Purchase Details
Closed on
Sep 25, 2007
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
$223,900
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 2003
Sold by
Bought by
Purchase Details
Closed on
May 8, 2002
Sold by
Bought by
Purchase Details
Closed on
Jun 3, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gaithersburg, MD
-
Valerie Greene
-
Snezhana Conway
Snezhana Conway
Responds QuicklySamson Properties
(240) 414-8170
52 Total Sales
3 in Gaithersburg
$212K - $595K Price Range
-
Gary Walker
Gary Walker
RE/MAX Realty Services
(202) 813-1967
31 Total Sales
1 in Gaithersburg
$305,000 Price
-
Karen Rollings
Karen Rollings
EXP Realty, LLC
(202) 902-7464
504 Total Sales
2 in Gaithersburg
$205K - $405K Price Range
-
Joie Ashworth
Joie Ashworth
Weichert, REALTORS
(240) 329-3687
90 Total Sales
1 in Gaithersburg
$475,000 Price
-
Maria Mantzouranis
Maria Mantzouranis
Responds QuicklyRE/MAX Realty Centre, Inc.
(202) 902-7962
55 Total Sales
5 in Gaithersburg
$212K - $849K Price Range
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 |
|---|---|---|---|
| $235,000 | Old Republic National Title In | ||
| $155,000 | Certified Title Corp | ||
| -- | None Available | ||
| $223,900 | -- | ||
| -- | -- | ||
| $95,000 | -- | ||
| $82,000 | -- | ||
| $68,100 | -- | ||
| $76,800 | -- | ||
| $71,000 | -- |
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 | $132,000 | ||
| Previous Owner | $116,250 | ||
| Previous Owner | $223,900 | ||
| Previous Owner | $200,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2024 04/29/24 | Rented | $1,700 | 0.0% | -- | |
| 04/28/2024 04/28/24 | Off Market | $1,700 | -- | -- | |
| 04/21/2024 04/21/24 | For Rent | $1,700 | 0.0% | -- | |
| 05/26/2023 05/26/23 | Sold | $235,000 | -1.7% | $272 / Sq Ft | View Prior Sale |
| 04/06/2023 04/06/23 | For Sale | $239,000 | 0.0% | $277 / Sq Ft | |
| 04/25/2017 04/25/17 | Rented | $1,350 | -99.1% | -- | |
| 04/25/2017 04/25/17 | Under Contract | -- | -- | -- | |
| 03/22/2017 03/22/17 | Sold | $155,000 | 0.0% | $179 / Sq Ft | View Prior Sale |
| 03/16/2017 03/16/17 | For Rent | $1,395 | 0.0% | -- | |
| 02/09/2017 02/09/17 | Pending | -- | -- | -- | |
| 02/02/2017 02/02/17 | For Sale | $154,900 | 0.0% | $179 / Sq Ft | |
| 07/30/2013 07/30/13 | Rented | $1,300 | -10.3% | -- | |
| 07/29/2013 07/29/13 | Under Contract | -- | -- | -- | |
| 07/06/2013 07/06/13 | For Rent | $1,450 | +7.4% | -- | |
| 06/29/2012 06/29/12 | Rented | $1,350 | 0.0% | -- | |
| 06/28/2012 06/28/12 | Under Contract | -- | -- | -- | |
| 06/06/2012 06/06/12 | For Rent | $1,350 | -- | -- |
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 | $2,830 | $211,667 | ||
| 2024 | $2,575 | $193,333 | $0 | $0 |
| 2023 | $3,018 | $175,000 | $52,500 | $122,500 |
| 2022 | $2,141 | $170,000 | $0 | $0 |
| 2021 | $1,460 | $165,000 | $0 | $0 |
| 2020 | $1,389 | $160,000 | $48,000 | $112,000 |
| 2019 | $1,396 | $160,000 | $48,000 | $112,000 |
| 2018 | $1,403 | $160,000 | $48,000 | $112,000 |
| 2017 | $2,096 | $165,000 | $0 | $0 |
| 2016 | -- | $155,000 | $0 | $0 |
| 2015 | $1,398 | $145,000 | $0 | $0 |
| 2014 | $1,398 | $135,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hanna Wang
Landlord's Agent in 2024
Hanna Wang
Prostage Realty, LLC
(240) 398-8102
124 Total Sales
-
Doug Rubin
Tenant's Agent in 2024
Doug Rubin
Keller Williams Legacy
(410) 440-6279
25 Total Sales
-
Kelly Zhang
Seller's Agent in 2023
Kelly Zhang
Signature Home Realty LLC
(301) 919-8291
108 Total Sales
-
Shannon Zhao
Buyer's Agent in 2023
Shannon Zhao
Signature Home Realty LLC
(301) 250-1095
138 Total Sales
-
Timon Mitrakas
Seller's Agent in 2017
Timon Mitrakas
Bang Realty
(301) 528-8835
13 Total Sales
-
M
Seller's Agent in 2017
Megan Liu
Prostage Realty, LLC
Map
Source: Bright MLS
MLS Number: MDMC2128910
APN: 09-02670944
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
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