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For sale
    • $450,000

    407 Palmtree Dr, Gaithersburg, MD 20878

    2beds
    1,582sqft
    : 
    $3,047/mo
    Get pre-qualified
    Townhouse
    Built in 1987
    1,240 Square Feet Lot
    $447,100 Zestimate®
    $284/sqft
    $110/mo HOA

    What's special

    GORGEOUS TOWNHOME FOR THE PRICE OF A CONDO WITHOUT THE HIGH CONDO FEES!!! Welcome home to this recently renovated and well maintained move in ready townhome with so much versatile living space! The sunny front courtyard is perfect for relaxing and entertaining whether you're sipping morning coffee or cold beverages in the evening. The main level boasts fresh paint, recessed lights, and brand new LVP in living and dining rooms as well as a brand new half bath, and fully renovated kitchen with brand new soft close cabinets, quartz counters and stainless appliances. Brand new carpeted stairs lead to the first landing with brand new LVP flooring, updated bath, laundry room, and the first primary bedroom also with brand new LVP that is spacious enough for a dedicated office space or sitting area, or could be divided into two separate bedrooms. The second staircase, also with brand new carpet leads to the second (main) primary suite retreat with huge walk in closet, private updated full bath, hardwood floors and lighted ceiling fan. As you tour this lovely home, please note all of the brand new features, and the newer windows and HVAC replaced in 2017, and the roof, washer and dryer, and second primary bathroom refresh in 2019. Enjoy the abundance of parking right out front, neighborhood pool, tennis courts and tot lots, and close proximity to shopping centers, RIO, Crown, and more!
    108 days
    124
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Katy Thoms 240-988-1094,

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

    Source: Bright MLS,MLS#: MDMC2224602MLS 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
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Stainless Steel Appliance(s), Electric Water Heater
      • Laundry: Upper Level
      Features
      • Ceiling Fan(s), Open Floorplan, Kitchen - Table Space, Pantry, Primary Bath(s), Walk-In Closet(s)
      • Flooring: Ceramic Tile, Laminate, Hardwood, Wood
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,582
      • Total interior livable area: 1,582 sqft
      • Finished area above ground: 1,582
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Patio
      • Pool features: Community
      Lot
      • Size: 1,240 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 160902645938
      • Zoning: R20
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Vinyl Siding
      • Foundation: Slab
      Condition
      • Excellent
      • New construction: No
      • Year built: 1987
      • Major remodel year: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Park Summit Codm
      HOA
      • Has HOA: Yes
      • Amenities included: Common Grounds, Pool, Tennis Court(s), Tot Lots/Playground
      • Services included: Common Area Maintenance, Pool(s), Snow Removal
      • HOA fee: $110 monthly
      Location
      • Region: Gaithersburg
      • Municipality: City of Gaithersburg

      Financial & listing details

      • Price per square foot: $284/sqft
      • Tax assessed value: $329,200
      • Annual tax amount: $4,410
      • Date on market: 6/28/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        $447,100

        $425,000 - $469,000

        $2,633/mo

        Price history

        DateEventPrice
        10/1/2026Listed for sale$450,000+7.2%$284/sqft
        Source: Bright MLS #MDMC2224602 Report a problem
        8/2/2026Listing removed$419,900$265/sqft
        Source: Long & Foster Broker Feed #MDMC2224602 Report a problem
        7/21/2026Price change$419,900-4.5%$265/sqft
        Source: Bright MLS #MDMC2224602 Report a problem
        7/14/2026Price change$439,900-2.2%$278/sqft
        Source: Bright MLS #MDMC2224602 Report a problem
        6/28/2026Listed for sale$449,900$284/sqft
        Source: Bright MLS #MDMC2224602 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/12/2019Listing removed$1,700$1/sqft
        Source: Owner Report a problem
        2/22/2019Listed for rent$1,700+3%$1/sqft
        Source: Owner Report a problem
        2/12/2017Listing removed$1,650$1/sqft
        Source: Owner Report a problem
        1/29/2017Listed for rent$1,650$1/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$4,561 +3.4%$329,200 +4.1%
        2025$4,410 +11.7%$316,333 +4.2%
        2024$3,949 +4.9%$303,467 +4.4%
        2023$3,765 +6.5%$290,600 +3.5%
        2022$3,536 +3.2%$280,700 +3.7%
        2021$3,427 +4.1%$270,800 +3.8%
        2020$3,292 +8.4%$260,900
        2019$3,036 -0.6%$260,900 +8.8%
        2018$3,053 +1.1%$239,900 +4.6%
        2017$3,020 -12.2%$229,400 +1.8%
        2016$3,438 $225,433 +1.8%
        2015$3,438 $221,467 +1.8%
        2014$3,438 $217,500
        2013-- $217,500
        2012-- $217,500 -17.7%
        2011-- $264,150
        2010-- $264,150
        2009-- $264,150 -10.5%
        2008-- $295,230 +19.5%
        2007-- $247,120 +24.2%
        2006-- $199,010 +31.9%
        2005-- $150,900 +14.9%
        2004-- $131,276
        2003-- $131,276 +42.6%
        2002-- $92,030
        2001-- $92,030
        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.
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        Climate risks

        Neighborhood: 20878

        Getting around

        58 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        59 / 100
        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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