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Sold for $875,000
  • $875,000

    481 Phelps St, Gaithersburg, MD 20878

    3beds
    2,754sqft
    Townhouse
    Built in 2001
    2,625 Square Feet Lot
    $878,700 Zestimate®
    $318/sqft
    $3,419 Estimated rent

    Home value

    $878,700

    $800,000 - $967,000

    $3,419/mo

    Zestimate® history
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    $5,335/mo

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    What's special

    Home officeGas fireplaceBrick-front and side end-unitWelcoming tiled foyerBrand-new carpetVaulted ceilingCrown molding
    Discover the perfect blend of elegance, comfort, and convenience in this stunning brick-front and side end-unit Tarquin Model townhouse, ideally situated in the highly desirable Lakelands community. From the moment you step into the welcoming tiled foyer with a convenient guest closet, you’ll be impressed by the thoughtful design and sophisticated details throughout. The main level boasts beautifully finished hardwood floors in the living and dining areas. The living room is bathed in natural light from its front and side windows, complemented by crown molding and recessed lighting. The adjacent dining room features a tray ceiling, crown and chair rail molding, a side window, and wall sconces, creating an elegant space for entertaining. The gourmet kitchen is a chef’s dream with granite countertops, a center island, ceramic tile flooring, and a stylish tile backsplash. Stainless steel appliances include a French door refrigerator with an ice and water dispenser, a built-in microwave, a dishwasher, and an electric range. A large double-door pantry offers excellent storage. The adjoining family room provides a cozy space with ceramic tile flooring, a gas fireplace with eyeball lighting, and a French door leading to the private deck and patio—ideal for outdoor relaxation or entertaining. A conveniently located powder room with ceramic tile flooring, a vanity, and a Toto® toilet completes the main level. The upper level features a spacious owner’s suite designed to impress with hardwood floors, a tray ceiling, recessed lighting, a ceiling fan with a light, and built-in reading lights. Large windows flood the room with natural light, while two walk-in closets provide ample storage. The private en-suite bath has been offers a luxurious retreat with ceramic tile flooring, a double vanity with granite countertops, a soaking tub, a separate shower, and a vaulted ceiling. Two additional bedrooms feature ceiling fans with lights, spacious closets, and easy access to the hall bathroom, which includes ceramic tile flooring, a single vanity with granite counter, and a tub/shower combination. Both upper level bathrooms have been beautifully remodeled! The fully finished basement adds incredible versatility to the home, offering a large recreation room, a home office, and a guest area/gym with French doors. Brand-new carpet throughout the basement adds a fresh touch, while the full bathroom features new luxury vinyl flooring, a pedestal sink, and a shower/bathtub combination. A spacious laundry room with a full-size washer and steam dryer, along with a dedicated storage room, ensures practicality and convenience. The outdoor space includes a private deck and patio in the rear yard, perfect for entertaining or enjoying quiet evenings. The detached 2-car garage provides secure parking and includes two overhead storage shelves for added functionality. Located just steps from the best of Lakelands and Kentlands, this home offers unparalleled convenience. Walk to Kentlands Town Center for shopping, dining, and entertainment, or enjoy the amenities of the Lakelands Clubhouse, including a pool, fitness center, and community events. Nearby parks, trails, and Lakelands Park Middle School further enhance the appeal of this exceptional location. This end-unit townhouse is a rare find, combining luxurious features, thoughtful design, and an unbeatable location. Don’t miss your chance to call this incredible property home—schedule your tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Prigal 301-370-2305,

    RLAH @properties,

    Listing Team: The Prigal Brothers And Associates, Co-Listing Agent: Richard S Prigal 301-370-2306,

    RLAH @properties

    Bought with:

    Unrepresented Buyer

    Unrepresented Buyer Office

    Source: Bright MLS,MLS#: MDMC2162686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 952
    Heating
    • Forced Air, Heat Pump, Natural Gas, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Bathroom - Walk-In Shower, Soaking Tub, Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Molding, Dining Area, Family Room Off Kitchen, Eat-in Kitchen, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
    • Flooring: Wood
    • Windows: Window Treatments
    • Basement: Finished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,856
    • Total interior livable area: 2,754 sqft
    • Finished area above ground: 1,904
    • Finished area below ground: 850

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, Detached
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: Community
    Lot
    • Size: 2,625 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160903320678
    • Zoning: MXD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Location
    • Region: Gaithersburg
    • Subdivision: Lakelands
    • Municipality: City of Gaithersburg

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly
    • Services included: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Trash

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/20/2025Sold$875,000+4.8%$318/sqft
    Source: Bright MLS #MDMC2162686 Report a problem
    1/24/2025Pending sale$835,000$303/sqft
    Source: Bright MLS #MDMC2162686 Report a problem
    1/21/2025Listed for sale$835,000+28.5%$303/sqft
    Source: Bright MLS #MDMC2162686 Report a problem
    10/5/2016Sold$650,000+0.8%$236/sqft
    Source: Public Record Report a problem
    8/25/2016Listed for sale$645,000$234/sqft
    Source: Long & Foster Real Estate, Inc. #MC9748720 Report a problem
    1/10/2008Sold$645,000-2.3%$234/sqft
    Source: Public Record Report a problem
    11/14/2007Listed for sale$659,956+87.9%$240/sqft
    Source: Number1Expert #MC6529686 Report a problem
    10/26/2001Sold$351,140$128/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,543 +5.1%$708,433 +1.5%
    2024$9,081 +2%$697,767 +1.6%
    2023$8,902 +4.7%$687,100 +1.8%
    2022$8,501 +1.4%$674,867 +1.8%
    2021$8,385 +2.2%$662,633 +1.9%
    2020$8,205 +9.6%$650,400
    2019$7,488 -0.6%$650,400 +9.9%
    2018$7,530 +2.9%$591,667 +5.2%
    2017$7,315 +7.7%$562,300 +1.6%
    2016$6,795 $553,467 +1.6%
    2015$6,795 $544,633 +1.6%
    2014$6,795 $535,800
    2013-- $535,800
    2012-- $535,800 -9%
    2011-- $588,870
    2010-- $588,870
    2009-- $588,870 -6.5%
    2008-- $629,730 +14.6%
    2007-- $549,542 +17.1%
    2006-- $469,356 +20.6%
    2005-- $389,170 +14.6%
    2004-- $339,510
    2003-- $339,510 +41.4%
    2002-- $240,190 +161.4%
    2001-- $91,870

    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: 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
    $878,700
    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
    $878,700