Conveniently located townhome with 2 bedrooms and 1-1/2 baths in the Park Summit Community of Gaithersburg. Upgraded kitchen has granite countertops, tile backsplash, stainless steel appliances, under cabinet lighting, tile flooring and wainscoting. Living room has recessed lighting, sitting area and wood-look tile flooring. Main level also has one powder room. Full bath on upper level with tile surround shower. Washer/dryer located on upper level for convenience. Both bedrooms have carpet, ceiling fans, crown molding and custom closet organizers. Community amenities include pool, playgrounds, tennis courts and access to walking paths along the creek, basketball court, soccer field and a walking bridge that connects to the shops in Rio and Crown Shopping Centers. Home is move-in ready! Also, the roof has a transferable warranty!
Sold for $380,000
$380,000
502 Palmtree Dr, Gaithersburg, MD 20878
2beds
1,120sqft
Townhouse
Built in 1986
2,573 Square Feet Lot
$380,700 Zestimate®
$339/sqft
$2,276 Estimated rent
Home value
$380,700
$346,000 - $419,000
$2,276/mo
Zestimate® history
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$2,409/mo
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List your homeWhat's special
Custom closet organizersPowder roomTile surround showerRecessed lightingCrown moldingStainless steel appliancesCeiling fans
Zillow last checked:
Listing updated:
Listed by:
Paul Ropp 301-418-1962,
Real Estate Teams, LLC.,
Listing Team: Rich Ropp Group
Bought with:
Silvia Macdonald, 32244
Silvia International Realty
Source: Bright MLS,MLS#: MDMC2166174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Cooktop, Stainless Steel Appliance(s), Washer, Electric Water Heater
- Laundry: Upper Level
Features
- Combination Kitchen/Dining, Crown Molding, Eat-in Kitchen, Upgraded Countertops, Ceiling Fan(s), Recessed Lighting, Wainscotting
- Flooring: Carpet, Ceramic Tile
- Doors: Storm Door(s), Six Panel
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Pool features: Community
- Fencing: Privacy
Lot
- Size: 2,573 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160902435125
- Zoning: R20
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: Yes
- Amenities included: Pool, Bike Trail, Jogging Path
- Services included: Pool(s), Snow Removal, Trash
- HOA fee: $107 monthly
- HOA name: PMI MARYLAND SOLUTIONS
Location
- Region: Gaithersburg
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $288,800
- Annual tax amount: $3,987
- Date on market: 3/19/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2025 | Sold | $380,000+4.1%$339/sqft |
Source:  Bright MLS #MDMC2166174 Report a problem | ||
| 3/25/2025 | Pending sale | $365,000$326/sqft |
Source: Bright MLS #MDMC2166174 Report a problem | ||
| 3/19/2025 | Listed for sale | $365,000+25.9%$326/sqft |
Source: Bright MLS #MDMC2166174 Report a problem | ||
| 6/23/2020 | Sold | $290,000+1.8%$259/sqft |
Source: Public Record Report a problem | ||
| 5/13/2020 | Pending sale | $284,900$254/sqft |
Source: Long & Foster Real Estate, Inc. #MDMC706072 Report a problem | ||
| 5/7/2020 | Listed for sale | $284,900+24.8%$254/sqft |
Source: Long & Foster Real Estate, Inc. #MDMC706072 Report a problem | ||
| 3/28/2013 | Sold | $228,200-0.7%$204/sqft |
Source: Public Record Report a problem | ||
| 2/27/2013 | Pending sale | $229,900$205/sqft |
Source: Llewellyn Realtors #MC8015994 Report a problem | ||
| 2/23/2013 | Listed for sale | $229,900-14.8%$205/sqft |
Source: Llewellyn Realtors #MC8015994 Report a problem | ||
| 6/5/2006 | Sold | $269,900+157%$241/sqft |
Source: Public Record Report a problem | ||
| 8/7/2002 | Sold | $105,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,254 +13.2% | $304,300 +5.4% |
| 2024 | $3,758 +6.1% | $288,800 +5.7% |
| 2023 | $3,541 +7.4% | $273,300 +4.4% |
| 2022 | $3,298 +4.1% | $261,833 +4.6% |
| 2021 | $3,168 +5.1% | $250,367 +4.8% |
| 2020 | $3,014 +7.7% | $238,900 |
| 2019 | $2,798 -0.6% | $238,900 +8.1% |
| 2018 | $2,814 +0.6% | $221,100 +4.2% |
| 2017 | $2,798 +9.3% | $212,200 +1.8% |
| 2016 | $2,559 | $208,467 +1.8% |
| 2015 | $2,559 | $204,733 +1.9% |
| 2014 | $2,559 | $201,000 |
| 2013 | -- | $201,000 |
| 2012 | -- | $201,000 -19.3% |
| 2011 | -- | $249,150 +3.8% |
| 2010 | -- | $240,142 +3.9% |
| 2009 | -- | $231,136 +4.1% |
| 2008 | -- | $222,130 +16.1% |
| 2007 | -- | $191,360 +19.2% |
| 2006 | -- | $160,590 +23.7% |
| 2005 | -- | $129,820 +15.3% |
| 2004 | -- | $112,570 |
| 2003 | -- | $112,570 +44.2% |
| 2002 | -- | $78,070 |
| 2001 | -- | $78,070 |
Find assessor info on the county website
Neighborhood: 20878
Nearby homes
- $385,200-- bd1 ba1.5k sqft504 Palmtree Dr, Gaithersburg, MD 20878Off Market
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- $409,100-- bd2 ba1.5k sqft510 Palmtree Dr, Gaithersburg, MD 20878Off Market
- $432,0003 bd3 ba1.5k sqft407 Palmspring Dr, Gaithersburg, MD 20878Off Market
Nearby schools
GreatSchools rating
- 5/10Fields Road Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Ridgeview Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Quince Orchard High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- 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
$380,700
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Estimated market value
$380,700
- Maryland
- Montgomery County
- Gaithersburg
- 20878
- 502 Palmtree Dr
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