$269,000
SOLD MAY 9, 2025

504 Philmont Dr Unit 8 Gaithersburg, MD 20878

2 Beds
1 Bath
872 Sq Ft
$410/mo HOA Fee

Recently Sold

$308 Per Sq Ft

80 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Tennis Courts
  • Fields Road Elementary School Rated A-
  • Community Pool
  • Sport Court

About This Home

As of May 2025

Rare Opportunity! FULLY RENOVATED $$ CONDO WITH MODERN UPGRADES! Experience the charm of a brand-new home in this meticulously renovated 2nd-floor condo, featuring a contemporary kitchen, updated bathroom, new flooring, and fresh paint throughout. Key Features:* Modern Kitchen: Newly equipped with quartz countertops, white cabinetry, stylish backsplash, stainless steel appliances, pendant lighting over the island, and contemporary flooring.* Updated Bathroom: Boasts a glass-panel shower door, decorative wall tiles, a wide vanity-LED mirror and updated toilet & flooring.* Spacious Living Area: A large, bright living room with two sliding doors leading to a cozy balcony.* Comfortable Bedrooms: Two generously sized bedrooms.* In-Unit Laundry: Convenient laundry room equipped with a full-sized washer and dryer.* Brand-new wooden balcony floorOther Implements/Upgrades: Sprinkler System (2021 by condo association); Water Heater(2018), Windows & Sliding Doors ( 2018); Washer (2023); Dryer (2018); HVAC (2015).Community Amenities: Ample visitor parking in front of the building; Access to a community pool, tennis court, and playgrounds.Low condo fee includes water, master insurance, community facilities, and exterior maintenance.Prime Location: Conveniently located near Muddy Branch Square Shopping Center, Downtown Crown, The Rio, I-270, I-370, and offers bus service to Shady Grove Metro, Costco, and the mall.Showings Begin: Thursday, February 6, 2025.Don't miss this exceptional opportunity to own a move-in-ready condo with modern upgrades in a desirable location.

Last Agent to Sell the Property

Vivian Hsieh

United Realty, Inc. License #317481 Listed on: 02/06/2025

Co-Listed By

Austin Hsu

United Realty, Inc. License #520968

Last Buyer's Agent

Laura Markus

RE/MAX Realty Group License #28542

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1987

Lot Details

  • Sprinkler System

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 872 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Sport Court
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902699543

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pool(s), recreation facility, reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Park Summit Codm Condos
  • Park Summit Community
  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,814

Year Built

Built in 1987

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2025-02-06
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Remarks Public: Rare Opportunity! FULLY RENOVATED $$ CONDO WITH MODERN UPGRADES! Experience the charm of a brand-new home in this meticulously renovated 2nd-floor condo, featuring a contemporary kitchen, updated bathroom, new flooring, and fresh paint throughout. Key Features: * Modern Kitchen: Newly equipped with quartz countertops, white cabinetry, stylish backsplash, stainless steel appliances, pendant lighting over the island, and contemporary flooring. * Updated Bathroom: Boasts a glass-panel shower door, decorative wall tiles, a wide vanity-LED mirror and updated toilet & flooring. * Spacious Living Area: A large, bright living room with two sliding doors leading to a cozy balcony. * Comfortable Bedrooms: Two generously sized bedrooms. * In-Unit Laundry: Convenient laundry room equipped with a full-sized washer and dryer. * Brand-new wooden balcony floor Other Implements/Upgrades: Sprinkler System (2021 by condo association); Water Heater(2018), Windows & Sliding Doors ( 2018); Washer (2023); Dryer (2018); HVAC (2015). Community Amenities: Ample visitor parking in front of the building; Access to a community pool, tennis court, and playgrounds. Low condo fee includes water, master insurance, community facilities, and exterior maintenance. Prime Location: Conveniently located near Muddy Branch Square Shopping Center, Downtown Crown, The Rio, I-270, I-370, and offers bus service to Shady Grove Metro, Costco, and the mall. Showings Begin: Thursday, February 6, 2025. Don't miss this exceptional opportunity to own a move-in-ready condo with modern upgrades in a desirable location.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Built-In Microwave, Dishwasher, Washer, Dryer, Disposal, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Window Treatments, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Total Sq Ft: 872
  • Living Area Sq Ft: 872
  • Price Per Sq Ft: 308.49
  • Above Grade Finished Sq Ft: 872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks, Sport Court
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 410.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PARK SUMMIT CODM
  • HOA Condo Co-Op Amenities: Basketball Courts, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Outdoor Living Structures: Balcony
  • Year Assessed: 2024
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2814.00
  • Assessor Parcel Number: 160902699543
  • Tax Year: 2025
  • Close Date: 05/09/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
May 9, 2025
Sold by
Trinh Hue T
Bought by
Hinkle Leeann L
Seller's Agent
Vivian Hsieh
United Realty, Inc.
Buyer's Agent
Laura Markus
RE/MAX Realty Group
List Price
$269,000
Sold Price
$269,000
Views
171
Current Estimated Value
$265,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,644
Avg. Annual Appreciation
-4.17%

Purchase Details

Closed on
Apr 25, 2003
Sold by
Randall Mark P
Bought by
Trinh Hue T

Purchase Details

Closed on
Jan 3, 2002
Sold by
Trenum Allen J
Bought by
Randall Mark P
Source: Public Records

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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 $269,000 Catic
Deed $131,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,100 Stand Alone Second
Previous Owner $146,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $269,000 0.0% $308 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $269,000 0.0% $308 / Sq Ft
03/31/2025 03/31/25 Off Market $269,000 -- --
02/06/2025 02/06/25 For Sale $269,000 0.0% $308 / Sq Ft
09/25/2019 09/25/19 Rented $1,500 +3.4% --
09/11/2019 09/11/19 Under Contract -- -- --
08/27/2019 08/27/19 For Rent $1,450 0.0% --
07/04/2017 07/04/17 Rented $1,450 -6.5% --
07/03/2017 07/03/17 Under Contract -- -- --
07/01/2017 07/01/17 For Rent $1,550 -- --
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
2025 $2,575 $211,667 -- --
2024 $2,575 $193,333 $0 $0
2023 $2,326 $175,000 $52,500 $122,500
2022 $2,141 $170,000 $0 $0
2021 $2,152 $165,000 $0 $0
2020 $7,465 $160,000 $48,000 $112,000
2019 $2,088 $160,000 $48,000 $112,000
2018 $7,586 $160,000 $48,000 $112,000
2017 $2,083 $165,000 $0 $0
2016 -- $155,000 $0 $0
2015 $2,090 $145,000 $0 $0
2014 $2,090 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2164600

Bright MLS

APN: 09-02699543