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Sold for $800,000
  • $800,000

    405 Phelps St, Gaithersburg, MD 20878

    4beds
    2,300sqft
    Townhouse
    Built in 2001
    1,306 Square Feet Lot
    $809,100 Zestimate®
    $348/sqft
    $3,356 Estimated rent

    Home value

    $809,100

    $744,000 - $882,000

    $3,356/mo

    Zestimate® history
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    $4,889/mo

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    $4,889/mo

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    What's special

    Walk-in closetRecently stained deckModern appliancesWelcoming entry levelRefinished wood flooringQuiet streetLaundry room
    Extraordinary opportunity to live in exceptional style and comfort in the highly sought-after Lakelands neighborhood. This beautifully maintained 4-bedroom, 3-bathroom home with a 2-car garage offers bright, stylish living across three levels and has been thoughtfully organized and meticulously cared for throughout.  The welcoming entry level includes a versatile room perfect for a home office or guest bedroom, complete with an en-suite full bathroom, along with a laundry room and direct access to the garage. The main level is the heart of the home, showcasing a beautifully updated kitchen with quartz countertops, a large prep station/island with seating, a farmhouse sink, and modern appliances—ideal for both everyday living and entertaining. Just off the kitchen, enjoy a stylish beverage bar complete with a beverage and wine fridge, adding the perfect touch for hosting. The open living and dining areas are filled with light and warmth, featuring refinished wood flooring, decorative moldings, and an inviting layout that flows seamlessly to the recently stained deck—an ideal spot for morning coffee or winding down in the evening. Many of the home’s windows have also been replaced within the last year, enhancing both comfort and efficiency. The upper level offers three bedrooms and two full bathrooms, including a spacious primary suite with vaulted ceilings, two ceiling fans, a walk-in closet, and a private bath featuring a jetted tub and separate shower. A generous loft with a closet provides additional flexible space, perfect for a home office or lounge area. Enjoy all the incredible Lakelands amenities including outdoor pool, tennis/pickleball courts, fitness center with new equipment, clubrooms for rent, basketball court, jogging and walking paths, playgrounds, bike trails, community center, and scenic common grounds. Unbeatable location just steps to the pool and clubhouse and The Kentlands market area. This home is situated on a quiet street with easy access to Great Seneca, Route 28, I-270, and I-370/ICC. This is a home that truly delivers practical comfort, style, and an exceptional lifestyle.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 1,306 sqft
    Details
    • Parcel number: 0903320838

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 2001

    Community & neighborhood

    Location
    • Region: Gaithersburg

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly

    Price history

    DateEventPrice
    3/16/2026Sold$800,000+0.6%$348/sqft
    Source: Public Record Report a problem
    2/8/2026Pending sale$795,000$346/sqft
    Source: Owner Report a problem
    1/27/2026Listed for sale$795,000+29.3%$346/sqft
    Source: Owner Report a problem
    7/12/2021Sold$615,000+2.7%$267/sqft
    Source: Bright MLS #MDMC762140 Report a problem
    6/23/2021Pending sale$599,000$260/sqft
    Source: Bright MLS #MDMC762140 Report a problem
    6/6/2021Contingent$599,000$260/sqft
    Source: Bright MLS #MDMC762140 Report a problem
    6/4/2021Listed for sale$599,000+2.9%$260/sqft
    Source: Bright MLS #MDMC762140 Report a problem
    7/14/2005Sold$582,000+44.8%$253/sqft
    Source: Public Record Report a problem
    8/18/2003Sold$402,000+34.8%$175/sqft
    Source: Public Record Report a problem
    9/19/2001Sold$298,250$130/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$295 -96.2%$634,800 +5.7%
    2024$7,818 +6.5%$600,700 +6%
    2023$7,341 +3.8%$566,600 +0.9%
    2022$7,073 +0.5%$561,500 +0.9%
    2021$7,041 +1.2%$556,400 +0.9%
    2020$6,955 +4.4%$551,300
    2019$6,662 -0.6%$551,300 +4.7%
    2018$6,699 +0.1%$526,367 +2.4%
    2017$6,691 +30.1%$513,900 +6.9%
    2016$5,144 $480,600 +7.4%
    2015$5,144 $447,300 +8%
    2014$5,144 $414,000
    2013-- $414,000
    2012-- $414,000 -9.3%
    2011-- $456,400
    2010-- $456,400
    2009-- $456,400 -14.7%
    2008-- $534,830 +15.1%
    2007-- $464,706 +17.8%
    2006-- $394,583 +21.6%
    2005-- $324,460 +11.5%
    2004-- $290,882
    2003-- $290,882 +30%
    2002-- $223,730 +148.6%
    2001-- $90,000

    Find assessor info on the county website

    Neighborhood: Lakelands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: RACHEL CARSON
    • Middle: LAKELANDS PARK
    • High: QUINCE ORCHARD
    • District: MONTGOMERY COUNTY PUBLIC SCHOOLS

    Source: The 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
    $809,100
    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
    $809,100