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Sold for $270,000
  • $270,000

    301 Palmspring Dr APT 2-4, Gaithersburg, MD 20878

    2beds
    964sqft
    Condominium
    Built in 1987
    -- sqft lot
    $269,000 Zestimate®
    $280/sqft
    $1,933 Estimated rent

    Home value

    $269,000

    $247,000 - $291,000

    $1,933/mo

    Zestimate® history
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    What's special

    Bright and inviting condoFreshly painted homeAmple closet spaceStove with ovenGenerously sized bedrooms
    Open House, Sunday, June 21, 2026, from 1-3 pm. Welcome to this bright and inviting condo in the desirable Park Summit community! Offering 964 square feet of comfortable living space, this freshly painted home features 2 spacious bedrooms, 1 full bath, and an open floor plan designed for comfortable everyday living. The sun-filled living room flows seamlessly into the dining area, creating an ideal space for both relaxing and entertaining. Recent improvements include a newer water heater, newer garbage disposal, and a stove with oven, providing added value and peace of mind. The generously sized bedrooms offer ample closet space and flexibility for guests, a home office, or personal retreat. Ideally located near Rio Lakefront, Downtown Crown, Kentlands, shopping, restaurants, parks, and major commuter routes, including I-270 and the ICC. Enjoy convenient access to public transportation, employment centers, and all the amenities Montgomery County has to offer. The Park Summit community provides a convenient, low-maintenance lifestyle with beautifully maintained common areas and community amenities. Whether you're a first-time homebuyer, downsizing, or seeking an investment opportunity, this condo offers exceptional value in a prime location. Don't miss this wonderful opportunity to make this charming home your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Margarita Soule 240-535-1041,

    RE/MAX Realty Services

    Bought with:

    Joe Bare

    Deborah Lee Gorham

    Source: Bright MLS,MLS#: MDMC2241468MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 964
    • Total interior livable area: 964 sqft
    • Finished area above ground: 964
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Free, Unassigned, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160902714092
    • Zoning: R20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $480 monthly
    • Subdivision: Park Summit Codm
    HOA
    • Has HOA: No
    • Amenities included: Pool
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Parking Fee, Snow Removal, Trash, Water
    Location
    • Region: Gaithersburg
    • Municipality: City of Gaithersburg

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $215,000
    • Annual tax amount: $2,743
    • Date on market: 6/20/2026
    • Listing agreement: Exclusive Agency
    • Ownership: Condominium

    Price history

    DateEventPrice
    8/17/2026Sold$270,000+3.8%$280/sqft
    Source: Bright MLS #MDMC2241468 Report a problem
    6/25/2026Pending sale$260,000$270/sqft
    Source: Bright MLS #MDMC2241468 Report a problem
    6/20/2026Listed for sale$260,000+33.3%$270/sqft
    Source: Bright MLS #MDMC2241468 Report a problem
    2/10/2021Sold$195,000+214.5%$202/sqft
    Source: Public Record Report a problem
    5/12/2013Listing removed$1,300$1/sqft
    Source: Fairfax Realty,Inc. #MC8067280 Report a problem
    5/11/2013Price change$1,300-1.9%$1/sqft
    Source: Fairfax Realty,Inc. #MC8067280 Report a problem
    4/30/2013Listed for rent$1,325$1/sqft
    Source: Fairfax Realty,Inc. #MC8067280 Report a problem
    11/4/1999Sold$62,000-20.5%$64/sqft
    Source: Public Record Report a problem
    3/23/1999Sold$78,000+4%$81/sqft
    Source: Public Record Report a problem
    6/5/1996Sold$75,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,051 -19.2%$205,000 +5.1%
    2024$2,538 +5.9%$195,000 +5.4%
    2023$2,397 +7.7%$185,000 +4.7%
    2022$2,225 +4.5%$176,667 +5%
    2021$2,130 +5.5%$168,333 +5.2%
    2020$2,019 -0.3%$160,000
    2019$2,025 -0.6%$160,000
    2018$2,036 -14.5%$160,000 -11.1%
    2017$2,383 +4.7%$180,000 +5.9%
    2016$2,277 $170,000 +6.3%
    2015$2,277 $160,000 +6.7%
    2014$2,277 $150,000
    2013-- $150,000
    2012-- $150,000 -16.7%
    2011-- $180,000
    2010-- $180,000
    2009-- $180,000 -21.7%
    2008-- $230,000 +25.2%
    2007-- $183,666 +33.7%
    2006-- $137,333 +50.9%
    2005-- $91,000 +7.1%
    2004-- $85,000
    2003-- $85,000 +16.4%
    2002-- $73,000
    2001-- $73,000
    Find assessor info on the county website

    Neighborhood: 20878

    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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    Estimated market value
    $269,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $269,000