Welcome home to this 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, a ceramic tile entry, dining area, and table space kitchen. The spacious living room has laminate flooring, and a large storage closet with rough in plumbing for a half bath rounds out the level. Brand new carpeted stairs lead to the first hardwood landing with laundry room, and the first primary bedroom with hardwood floors 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 primary suite retreat with huge walk in closet, hardwood floors and lighted ceiling fan. As you tour this lovely home, please note the fresh paint throughout, and the newer windows and HVAC replaced in 2017 and the roof, washer and dryer, and bathroom refresh in 2019. Enjoy the neighborhood pool, tennis courts and tot lots, and close proximity to shopping centers, RIO, Crown, and more!
For sale
Price cut: $10K (7/14)
$439,900
407 Palmtree Dr, Gaithersburg, MD 20878
2beds
1,582sqft
Townhouse
Built in 1987
1,240 Square Feet Lot
$434,700 Zestimate®
$278/sqft
$110/mo HOA
What's special
Washer and dryerFresh paintCeramic tile entryNewer windowsNeighborhood poolDining areaTennis courts
- 22 days |
- 328 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Katy Thoms 240-988-1094,
Long & Foster Real Estate, Inc. 301-424-0900
Source: Bright MLS,MLS#: MDMC2224602
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: 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
- Very Good
- New construction: No
- Year built: 1987
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: $278/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
$434,700
$413,000 - $456,000
$2,483/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $439,900-2.2%$278/sqft |
Source:  Bright MLS #MDMC2224602 Report a problem | ||
| 6/28/2026 | Listed for sale | $449,900$284/sqft |
Source: Bright MLS #MDMC2224602 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/12/2019 | Listing removed | $1,700$1/sqft |
Source: Owner Report a problem | ||
| 2/22/2019 | Listed for rent | $1,700+3%$1/sqft |
Source: Owner Report a problem | ||
| 2/12/2017 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 1/29/2017 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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.Climate risks
Neighborhood: 20878
Nearby schools
GreatSchools rating
- 5/10Fields Road Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Ridgeview Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Quince Orchard High SchoolGrades: 9-12Distance: 2.3 mi
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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