Rare find in Gaithersburg - Two bedroom, one bath condo with community pool and tennis included. Washer/Dryer in-unit. Balcony with double width luxury sliding doors including built-in interior adjustable blinds. Dual closets in primary bedroom with closet systems installed. Closet systems in second bedroom, linen closet, pantry, and coat closets. Second bedroom as a built-in desk and shelf system. Kitchen has stainless steel oven and microwave, a dual basin sink, dishwasher, and French door refrigerator. Parking lot is ample sized with open parking. Condo fee + HOA fee is $395/month and includes water/sewer and access to community pool and tennis. Two miles to Rio Gaithersburg and I-270/I-370 spur. Community located next to NIST. Four miles to Kentlands. Less than 10 miles to the Capital Beltway. Bus stop 1 block away on Muddy Branch Rd. 2 miles to MARC station, about 5 miles to Red Line Metro. Minutes to Johns Hopkins campus and Shady Grove Medical Center. 3 miles to the Inter County Connector.
Sold for $255,000
$255,000
303 Palmspring Dr APT 5, Gaithersburg, MD 20878
2beds
864sqft
Condominium
Built in 1987
-- sqft lot
$257,600 Zestimate®
$295/sqft
$1,765 Estimated rent
Home value
$257,600
$245,000 - $270,000
$1,765/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Philip Leverrier 301-661-3520,
TTR Sotheby's International Realty
Bought with:
K Soung, 638547
Realty ONE Group Capital
Source: Bright MLS,MLS#: MDMC2139378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Has Laundry, Washer In Unit, Dryer In Unit, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
- Finished area above ground: 864
- Finished area below ground: 0
Property
Parking
- Parking features: Unassigned, Surface, Parking Lot
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160902749444
- Zoning: R20
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- 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: $289 monthly
- Subdivision: Park Summit Codm
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s), Tot Lots/Playground
- Services included: Water, Sewer, Maintenance Grounds, Common Area Maintenance, Management, Recreation Facility, Pool(s), Trash
- HOA fee: $106 monthly
- HOA name: PARK SUMMIT HOMEOWNER'S ASSOCIATION
- Second HOA name: Park Summit Condominium
Location
- Region: Gaithersburg
- Municipality: City of Gaithersburg
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $193,333
- Annual tax amount: $2,326
- Date on market: 7/10/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2024 | Sold | $255,000-1.9%$295/sqft |
Source:  Bright MLS #MDMC2139378 Report a problem | ||
| 8/13/2024 | Pending sale | $260,000$301/sqft |
Source: Bright MLS #MDMC2139378 Report a problem | ||
| 8/10/2024 | Price change | $260,000-5.5%$301/sqft |
Source: Bright MLS #MDMC2139378 Report a problem | ||
| 7/10/2024 | Listed for sale | $275,000+59.4%$318/sqft |
Source: Bright MLS #MDMC2139378 Report a problem | ||
| 6/23/2015 | Sold | $172,500$200/sqft |
Source: Public Record Report a problem | ||
| 4/27/2015 | Pending sale | $172,500$200/sqft |
Source: Long & Foster Real Estate, Inc. #MC8608496 Report a problem | ||
| 4/18/2015 | Listed for sale | $172,500+130%$200/sqft |
Source: Long & Foster Real Estate Inc. #MC8608496 Report a problem | ||
| 1/1/2015 | Sold | $75,000$87/sqft |
Source:  Long & Foster Broker Feed #MDMC343118_100 Report a problem | ||
| 5/4/2001 | Sold | $75,000+15.4%$87/sqft |
Source: Public Record Report a problem | ||
| 2/29/2000 | Sold | $65,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,830 +12.5% | $211,667 +9.5% |
| 2024 | $2,516 +11% | $193,333 +10.5% |
| 2023 | $2,267 +5.9% | $175,000 +2.9% |
| 2022 | $2,141 +2.6% | $170,000 +3% |
| 2021 | $2,088 +3.4% | $165,000 +3.1% |
| 2020 | $2,019 -0.3% | $160,000 |
| 2019 | $2,025 -0.6% | $160,000 |
| 2018 | $2,036 -7% | $160,000 -3% |
| 2017 | $2,189 +56.6% | $165,000 +6.5% |
| 2016 | $1,398 | $155,000 +6.9% |
| 2015 | $1,398 | $145,000 +7.4% |
| 2014 | $1,398 | $135,000 |
| 2013 | -- | $135,000 |
| 2012 | -- | $135,000 -18.2% |
| 2011 | -- | $165,000 |
| 2010 | -- | $165,000 |
| 2009 | -- | $165,000 -21.4% |
| 2008 | -- | $210,000 +24.6% |
| 2007 | -- | $168,500 +32.7% |
| 2006 | -- | $127,000 +48.5% |
| 2005 | -- | $85,500 +6.7% |
| 2004 | -- | $80,166 |
| 2003 | -- | $80,166 +15.3% |
| 2002 | -- | $69,500 |
| 2001 | -- | $69,500 |
Find assessor info on the county website
Neighborhood: 20878
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Nearby schools
GreatSchools rating
- 5/10Fields Road Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Ridgeview Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Quince Orchard High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Fields Road
- Middle: Ridgeview
- High: Quince Orchard
- 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
$257,600
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
$257,600
- Maryland
- Montgomery County
- Gaithersburg
- 20878
- 303 Palmspring Dr Apartment 5
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