Off market

Zestimate^®

$261,800

503 Palmtree Dr APT 7, Gaithersburg, MD 20878

2beds

2baths

964sqft

Condo

Built in 1986

-- sqft lot

$261,800 Zestimate^®

$272/sqft

$2,101 Estimated rent

Home value

$261,800

$246,000 - $278,000

$2,101/mo

Zestimate^® history

Owner options

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$2,101/mo

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$2,101/mo

Rent Zestimate^®

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$1,389/mo

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$1,389/mo

Est. payment

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What's special

Bright 2 Bedrooms, 2 full bath Condo. Hardwood floors, laundry room (full size washer & dryer), large master BR w/walk-in closet. Large living room. one level (964 sq ft). Move in condition. Balcony overlooking beautiful treed courtyard. Community swimming pool, tennis court and playground. MINS TO 270 exit 9/370/ICC/RIO Entertainment Center/Kentland/Muddy Branch Shopping Center/Shady Grove Metro.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Other, Electric

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer

Features

Basement: Partially finished
Has fireplace: Yes

Interior area

Total interior livable area: 964 sqft

Property

Features

Exterior features: Brick

Lot

Size: 2,727 Square Feet

Details

Parcel number: 0902670933

Construction

Type & style

Home type: Condo

Materials

Roof: Other

Condition

Year built: 1986

Community & HOA

HOA

Has HOA: Yes
HOA fee: $90 monthly

Location

Region: Gaithersburg

Financial & listing details

Price per square foot: $272/sqft
Tax assessed value: $205,000
Annual tax amount: $2,743

Price history

Date	Event	Price
5/9/2026	Listing removed	$1,890$2/sqft
Source: Bright MLS #MDMC2222210 Report a problem
4/25/2026	Price change	$1,890-5%$2/sqft
Source: Bright MLS #MDMC2222210 Report a problem
3/15/2026	Listed for rent	$1,990$2/sqft
Source: Bright MLS #MDMC2222210 Report a problem
5/2/2025	Listing removed	$1,990$2/sqft
Source: Bright MLS #MDMC2167424 Report a problem
2/26/2025	Listed for rent	$1,990+47.4%$2/sqft
Source: Bright MLS #MDMC2167424 Report a problem
7/25/2013	Listing removed	$1,350$1/sqft
Source: UnionPlus Realty, Inc. #MC8121704 Report a problem
6/30/2013	Listed for rent	$1,350$1/sqft
Source: UnionPlus Realty, Inc. #MC8121704 Report a problem
10/4/2005	Sold	$235,000$244/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,743 +8.1%	$205,000 +5.1%
2024	$2,538 +5.9%	$195,000 +5.4%
2023	$2,397 +7.7%	$185,000 +4.7%
2022	$2,225 +4.5%	$176,667 +5%
2021	$2,130 +5.5%	$168,333 +5.2%
2020	$2,019 -0.3%	$160,000
2019	$2,025 -0.6%	$160,000
2018	$2,036 -14.5%	$160,000 -11.1%
2017	$2,383 +78.4%	$180,000 +5.9%
2016	$1,335	$170,000 +6.3%
2015	$1,335	$160,000 +6.7%
2014	$1,335	$150,000
2013	--	$150,000
2012	--	$150,000 -6.3%
2011	--	$160,000 -11.1%
2010	--	$180,000
2009	--	$180,000 -21.7%
2008	--	$230,000 +25.2%
2007	--	$183,666 +33.7%
2006	--	$137,333 +50.9%
2005	--	$91,000 +7.1%
2004	--	$85,000
2003	--	$85,000 +16.4%
2002	--	$73,000
2001	--	$73,000