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For sale
  • $649,999

    254 Market St E #254B, Gaithersburg, MD 20878

    2beds
    2,042sqft
    : 
    $4,707/mo
    Get pre-qualified
    Townhouse
    Built in 1999
    -- sqft lot
    $638,600 Zestimate®
    $318/sqft
    $465/mo HOA

    What's special

    Inviting double-sided gas fireplaceTot lots for playDriveway parkingNatural sunlightWell-kept common groundsSoaking tubBasketball and tennis courts
    Discover the charm of this colonial-style upper-unit condominium nestled in the desirable Lakelands community. This well-maintained home with NEW carpet and NEW paint features 2 spacious bedrooms and 2.5 bathrooms, offering multiple levels of sunlit, comfortable space. The inviting double-sided gas fireplace is a cozy centerpiece, perfect for relaxing evenings. With an elevated ceiling in the living space, there's plenty of room to invite the natural sunlight in. The upper floor offers a primary bathroom with NEW double-bowl vanity fixtures and a soaking tub for those long days. The secondary room is perfect for an office or short-term guests. You will stay cool all summer and warm all winter with a newer HVAC unit replaced in 2024. You'll never run out of hot water, with a water heater replaced in 2019. With an attached garage with FRESH epoxy and driveway parking, you won't be able to wait to get home and lift the garage door! When there is time to unwind, the community's outdoor pool and recreation facilities are steps away. Lakelands offers a range of amenities, including basketball and tennis courts, a fitness center, and tot lots for play. The community is known for its vibrant atmosphere, with well-kept common grounds and a welcoming clubhouse. Residents benefit from convenient access to local parks and top-rated schools, making it an ideal location for active lifestyles. Experience the perfect blend of comfort and community in Lakelands, where every day feels like a retreat. With access to I-270 right around the corner, you can be in DC or VA Southbound and Frederick Northbound all in less than 30 minutes. Let's not forget to mention that the MARC train is 3 traffic lights away, and Shady Grove Metro Center is just 1 exit away for those times when public transportation is more ideal for the occassion. Don't miss your chance to call this lovely townhouse home!
    27 days
    308
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Abteen Teymourtash 240-801-5486,

    Long & Foster Real Estate, Inc. 301-424-0900,

    Listing Team: The Dna Group

    Source: Bright MLS,MLS#: MDMC2249800MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Double Sided, Gas/Propane
      Interior area
      • Total structure area: 2,042
      • Total interior livable area: 2,042 sqft
      • Finished area above ground: 2,042
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Rear, Inside Entrance, Garage Door Opener, Attached, Driveway, On Street
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: Community
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 160903272195
      • Zoning: MXD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick Front, Vinyl Siding
      • Foundation: Permanent, Slab
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $330 monthly
      • Subdivision: Lakelands
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Clubhouse, Common Grounds, Fitness Center, Pool, Tennis Court(s), Tot Lots/Playground
      • Services included: Common Area Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash
      • HOA fee: $135 monthly
      • HOA name: LAKELANDS COMMUNITY ASSOCIATION
      Location
      • Region: Gaithersburg
      • Municipality: City of Gaithersburg

      Financial & listing details

      • Price per square foot: $318/sqft
      • Tax assessed value: $440,000
      • Annual tax amount: $5,828
      • Date on market: 9/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Condominium

        Estimated market value

        $638,600

        $607,000 - $671,000

        $3,326/mo

        Price history

        DateEventPrice
        9/24/2026Listed for sale$649,999+80.6%$318/sqft
        Source: Bright MLS #MDMC2249800 Report a problem
        8/17/2011Sold$360,000-13%$176/sqft
        Source: Public Record Report a problem
        1/8/2007Sold$414,000+4.8%$203/sqft
        Source: Public Record Report a problem
        10/22/2004Sold$395,000+134.4%$193/sqft
        Source: Public Record Report a problem
        9/22/1999Sold$168,501$83/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$5,979 +2.6%$440,000 +3.1%
        2025$5,828 +8.3%$426,667 +3.2%
        2024$5,379 +3.8%$413,333 +3.3%
        2023$5,182 +3.7%$400,000 +0.8%
        2022$4,996 +0.4%$396,667 +0.8%
        2021$4,977 +1.2%$393,333 +0.9%
        2020$4,920 -0.3%$390,000
        2019$4,936 -0.6%$390,000
        2018$4,964 -2.5%$390,000
        2017$5,092 $390,000 +4.5%
        2016-- $373,333 +4.7%
        2015-- $356,667 +4.9%
        2014-- $340,000
        2013-- $340,000
        2012-- $340,000 -9.3%
        2011-- $375,000
        2010-- $375,000
        2009-- $375,000 -15.7%
        2008-- $445,000 +18.1%
        2007-- $376,666 +22.2%
        2006-- $308,333 +28.5%
        2005-- $240,000 +11.5%
        2004-- $215,332
        2003-- $215,332 +29.7%
        2002-- $166,000
        2001-- $166,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lakelands

        Getting around

        96 / 100
        Walker's Paradise
        35 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Montgomery County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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