NOT LISTED FOR SALE

512 Palmspring Dr Gaithersburg, MD 20878

Estimated Value: $456,000 - $506,000

-- Bed
4 Baths
1,320 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 512 Palmspring Dr, Gaithersburg, MD 20878 and is currently estimated at $486,594, approximately $368 per square foot. 512 Palmspring Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2014
Sold by
Mulato Hugo A
Bought by
Mulato Hugo A and Mulato Stephanie L
Current Estimated Value
$486,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$173,685
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$312,909

Purchase Details

Closed on
Jul 1, 1999
Sold by
Reed Paul R
Bought by
Mulato Hugo A

Purchase Details

Closed on
Sep 3, 1993
Sold by
Gelb R
Bought by
Reed Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,410
Interest Rate
7.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mulato Hugo A -- C L A Title & Escrow
Mulato Hugo A $146,500 --
Reed Paul R $140,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulato Hugo A $230,000
Previous Owner Reed Paul R $139,410
Source: Public Records

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 $4,830 $371,800 -- --
2024 $4,830 $353,600 $0 $0
2023 $3,869 $335,400 $120,000 $215,400
2022 $3,687 $328,633 $0 $0
2021 $3,509 $321,867 $0 $0
2020 $3,509 $315,100 $120,000 $195,100
2019 $3,467 $313,400 $0 $0
2018 $3,452 $311,700 $0 $0
2017 $3,480 $310,000 $0 $0
2016 -- $291,500 $0 $0
2015 $3,529 $273,000 $0 $0
2014 $3,529 $254,500 $0 $0
Source: Public Records

Map

Maryland Montgomery County Gaithersburg 20878

512 Palmspring Dr, Gaithersburg, MD

This home is located at 512 Palmspring Dr, Gaithersburg, MD 20878 and is currently estimated at $486,594, approximately $368 per square foot. 512 Palmspring Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

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