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Sold for $435,000
  • $435,000

    525 Philmont Dr, Gaithersburg, MD 20878

    3beds
    1,540sqft
    Townhouse
    Built in 1985
    2,180 Square Feet Lot
    $438,200 Zestimate®
    $282/sqft
    $2,665 Estimated rent

    Home value

    $438,200

    $403,000 - $478,000

    $2,665/mo

    Zestimate® history
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    What's special

    Finished walkout basementHardwood floorsNewer appliancesOutdoor poolOpen dining areaCeramic tile flooringComfortable bedrooms
    This well-maintained 3-bedroom, 2.5-bath townhome in the sought-after Park Summit community is ready to be your new home for the holidays! . The main level features a kitchen with granite counters, newer appliances, ceramic tile flooring, and an open dining area. The living room offers hardwood floors and access to the deck and fenced backyard. Upstairs are three comfortable bedrooms and one full bath. The finished walkout basement includes a recreation room with fireplace, full bath, and laundry area and can be used as a recreation room or primary suite. Updates include roof and siding (2021), windows (2011), and water heater (2025). *Deck is due to be replaced, sold as is and is accounted for in the price (estimate and HOA approval in hand, reach out for details) Park Summit residents enjoy an outdoor pool, tennis courts, and two access points to Malcolm King Park with walking trails, basketball courts, and additional tennis courts. Conveniently located near shopping, dining, and major commuter routes. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Griggs 443-956-3109,

    Keller Williams Flagship

    Bought with:

    Craig Sword, 5002267

    Compass

    Source: Bright MLS,MLS#: MDMC2195824MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Living Room, Kitchen, Recreation Room, Half Bath
    Half bath
    • Features: Granite Counters
    • Level: Main
    Kitchen
    • Features: Flooring - Ceramic Tile, Granite Counters, Eat-in Kitchen, Kitchen - Electric Cooking
    • Level: Main
    Living room
    • Features: Flooring - HardWood, Dining Area
    • Level: Main
    Recreation room
    • Level: Lower
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
    • Laundry: In Basement, Lower Level
    Features
    • Combination Dining/Living, Dining Area, Floor Plan - Traditional, Eat-in Kitchen
    • Flooring: Carpet, Hardwood, Ceramic Tile, Wood
    • Doors: Six Panel, Storm Door(s)
    • Basement: Finished,Improved,Rear Entrance,Sump Pump,Walk-Out Access
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,540 sqft
    • Finished area above ground: 1,140
    • Finished area below ground: 400

    Property

    Parking
    • Total spaces: 2
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Deck
    • Exterior features: Sidewalks
    • Pool features: Community
    • Fencing: Back Yard
    Lot
    • Size: 2,180 Square Feet
    • Features: PUD
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160902434906
    • Zoning: R20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1985
    • Major remodel year: 2005
    Details
    • Builder model: SPECTACULAR
    • Builder name: RYLAND

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Park Summit Codm
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Tennis Court(s), Tot Lots/Playground
    • HOA fee: $107 monthly
    Location
    • Region: Gaithersburg

    Financial & listing details

    • Price per square foot: $282/sqft
    • Annual tax amount: $4,178
    • Date on market: 9/19/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Black Top

    Price history

    DateEventPrice
    1/14/2026Sold$435,000-3.3%$282/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    12/15/2025Contingent$449,900$292/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    12/10/2025Price change$449,9000%$292/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    11/20/2025Price change$450,000-3.2%$292/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    11/15/2025Pending sale$464,900$302/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    10/31/2025Price change$464,900-1.1%$302/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    10/11/2025Price change$469,900-2.1%$305/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    9/29/2025Price change$479,900-1.2%$312/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    9/19/2025Listed for sale$485,900+36.9%$316/sqft
    Source: Bright MLS #MDMC2195824 Report a problem
    9/7/2006Sold$355,000$231/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,764 -4.7%$319,833 +5.4%
    2024$3,949 +6.2%$303,467 +5.7%
    2023$3,720 +4.8%$287,100 +1.8%
    2022$3,551 +1.4%$281,900 +1.9%
    2021$3,501 +2.2%$276,700 +1.9%
    2020$3,425 +0.6%$271,500
    2019$3,404 -0.6%$271,500 +0.9%
    2018$3,423 -2.6%$268,967 +0.5%
    2017$3,514 +27.4%$267,700 +5.7%
    2016$2,759 $253,367 +6%
    2015$2,759 $239,033 +6.4%
    2014$2,759 $224,700
    2013-- $224,700
    2012-- $224,700 -15.3%
    2011-- $265,160
    2010-- $265,160
    2009-- $265,160 -16.9%
    2008-- $319,200 +18.7%
    2007-- $268,856 +23%
    2006-- $218,513 +29.9%
    2005-- $168,170 +11.1%
    2004-- $151,416
    2003-- $151,416 +28.4%
    2002-- $117,910
    2001-- $117,910
    Find assessor info on the county website

    Neighborhood: 20878

    Nearby schools

    GreatSchools rating
    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
    $438,200
    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
    $438,200