Welcome to 454 Exchange Ave, a luxurious 2800SF town-house style condo in The Parklands at Watkins Mill! The transitional floor plan features an open layout with large living spaces and generously sized bedrooms. Offering convenient living at its best, this Parklands home provides the perfect combination of easy maintenance, location, and wonderful community amenities. You will love the hardwood floors, gas fireplace, deck, walk-in closets, and jetted tub! The spacious Living Room features bright windows and is open to the large Formal Dining Room which has ample space for a large table. The cook’s kitchen has a sunny breakfast area and is open to the Family Room with a gas fireplace. Complete with granite counters, stainless steel appliances, and a large island, this fantastic Kitchen is bound to impress. There is access to the Deck from the Breakfast Room, and the deck overlooks a lovely, wooded view. Three Bedrooms, two Bathrooms, and the laundry room are on the Upper Level, including a gorgeous Primary Bedroom with a tray ceiling, 2 walk-in closets, and an en-Suite Bath. A separate walk-in shower, jetted tub, and water closet are featured in the large ensuite Bath. There is access to the attached Garage from the Entry Level Foyer. This walk-up unit is on levels 3 & 4 of a 4 level building. Located in the City of Gaithersburg, The Parklands is a pedestrian-friendly community with wide, tree lined streets and sidewalks. The resort-like amenities include a pool, tot lots, tennis court, club house, fitness center and meeting room. This location is a commuter’s dream! It’s a short, 5-minute walk to the Metropolitan Grove MARC Train station, minutes to Downtown Crown and Kentlands, close to major commuter routes, and minutes to NIST, Adventist Healthcare, AstraZeneca, Novavax, and Lockheed Martin. The interchange at exit 12, Watkins Mill Road, provides convenient access to I-270 and the ICC (I-370). The Shops at Spectrum Center are just a short walk away. The drive time to the Shady Grove Metro is about 10 minutes! A peaceful haven tucked away for privacy but still conveniently located near it all, living in the Parklands gives you the best of everything! Virtually Staged.
Sold for $545,000
$545,000
454 Exchange Ave #454, Gaithersburg, MD 20878
3beds
2,895sqft
Townhouse
Built in 2013
-- sqft lot
$548,200 Zestimate®
$188/sqft
$3,214 Estimated rent
Home value
$548,200
$504,000 - $598,000
$3,214/mo
Zestimate® history
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$3,428/mo
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Zillow last checked:
Listing updated:
Listed by:
Lynne Tucker 301-404-0464,
Compass,
Listing Team: Keystone Property Advisors
Bought with:
David Abramson, 638834
Compass
Source: Bright MLS,MLS#: MDMC2214338
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Washer, Dryer, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
- Laundry: Upper Level, Has Laundry
Features
- Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Walk-In Closet(s), Recessed Lighting, Pantry, Kitchen Island, Kitchen - Gourmet, Eat-in Kitchen, Open Floorplan, Formal/Separate Dining Room, Crown Molding, Ceiling Fan(s)
- Flooring: Wood
- Windows: Double Pane Windows, Energy Efficient, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Corner, Gas/Propane
Interior area
- Total structure area: 2,895
- Total interior livable area: 2,895 sqft
- Finished area above ground: 2,895
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Attached, Driveway, On Street
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Pool features: Community
- Has spa: Yes
- Spa features: Bath
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160903720602
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Transitional
- Property subtype: Townhouse
Materials
- Combination
- Foundation: Slab
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Fire Sprinkler System
- Condo and coop fee: $260 monthly
- Subdivision: Parklands At Watkins Mill
HOA
- Has HOA: Yes
- Amenities included: Community Center, Common Grounds, Fitness Center, Jogging Path, Meeting Room, Party Room, Pool, Reserved/Assigned Parking, Tennis Court(s), Tot Lots/Playground
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds, Management, Pool(s), Reserve Funds, Snow Removal, Trash
- HOA fee: $110 monthly
- HOA name: WATKINS MILL TOWN CENTER HOA
- Second HOA name: Parklands At Watkins Mill #3
Location
- Region: Gaithersburg
- Municipality: City of Gaithersburg
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $453,333
- Annual tax amount: $6,180
- Date on market: 3/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,Cash,Conventional,VA Loan
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $545,000-0.7%$188/sqft |
Source:  Bright MLS #MDMC2214338 Report a problem | ||
| 3/5/2026 | Pending sale | $549,000$190/sqft |
Source: Bright MLS #MDMC2214338 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,488 -2.3% | $453,333 +5% |
| 2024 | $5,618 +5.8% | $431,667 +5.3% |
| 2023 | $5,312 +3.7% | $410,000 +0.8% |
| 2022 | $5,122 +0.4% | $406,667 +0.8% |
| 2021 | $5,104 +1.1% | $403,333 +0.8% |
| 2020 | $5,046 +3.1% | $400,000 |
| 2019 | $4,894 -0.6% | $400,000 +3.4% |
| 2018 | $4,921 -0.8% | $386,667 +1.8% |
| 2017 | $4,963 | $380,000 +1.8% |
| 2016 | -- | $373,333 +1.8% |
| 2015 | -- | $366,667 +1.9% |
| 2014 | -- | $360,000 |
Find assessor info on the county website
Neighborhood: 20878
Nearby homes
- $539,9003 bd3 ba2.9k sqft458 Exchange Ave #458, Gaithersburg, MD 20878Sold
- $495,0003 bd3 ba1.8k sqft444 Exchange Ave #444, Gaithersburg, MD 20878Sold
- $545,3003 bd2 ba2.9k sqft438 Exchange Ave #438, Gaithersburg, MD 20878Off Market
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- $494,900-- bd-- ba2.8k sqft446 Exchange Ave #446, Gaithersburg, MD 20878Off Market
- $482,7003 bd2 ba1.8k sqft452 Exchange Ave #452, Gaithersburg, MD 20878Off Market
Nearby schools
GreatSchools rating
- 6/10Brown Station Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Lakelands Park Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10Quince Orchard High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Brown Station
- Middle: Lakelands Park
- 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
$548,200
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
$548,200
- Maryland
- Montgomery County
- Gaithersburg
- 20878
- 454 Exchange Ave Unit 454
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