A gorgeous townhome that lives like a single-family home. This updated Tarquin townhome in the Lakelands has 3 bedrooms plus 3 bonus rooms across four finished levels, with 2 full and 2 half baths and a detached 2-car garage. The big-ticket updates are already done. Main level: The hardwood floors were refinished with a custom stain in 2025. The rooms are bright, with crown molding, columns, wainscoting, and tray ceilings. The family room has a gas fireplace and opens to the eat-in kitchen, which has an island, granite counters, 42" white cabinets, a gas cooktop, a wall oven, and a pantry. Stainless appliances include a new LG refrigerator (2025) and a Bosch dishwasher (2021). A formal dining room gives you a separate space for dinners and holidays. Bedroom level: The primary suite has two walk-in closets and a bath with a soaking tub, a frameless glass shower, and a double vanity. Two more bedrooms and a full hall bath complete this level. New carpet was installed in 2024. Top-floor loft: This private level has vaulted ceilings, a dormer window, a ceiling fan, luxury vinyl plank flooring, a full wardrobe, and attic storage behind its own door. It’s currently used as a bedroom. Frame a wall along the stair railing and add a door, with permits, and it becomes a fully enclosed 4th bedroom on its own floor. Lower level: Two private bonus rooms, each with a door, plus a half bath and laundry. One is set up as a guest room with a queen bed and a ceiling fan. The other works as a home office, gym, or den. Recent improvements: Nine new Vytex Fortis windows (2023) Upper-zone Bryant heat pump (2022) About $15K in custom built-ins and closet systems Garage with professional epoxy floor and full slat-wall storage (about $3,000) Outside, the deck is set up for morning coffee or evening grilling. Lakelands amenities include pools, a clubhouse, fitness facilities, tennis and basketball courts, and playgrounds. The seller is offering a $10K incentive toward an interest rate buydown to help lower your monthly payment.
Accepting backups
$874,900
542 Market St E, Gaithersburg, MD 20878
3beds
3,100sqft
Townhouse
Built in 2003
1,900 Square Feet Lot
$-- Zestimate®
$282/sqft
$135/mo HOA
What's special
Full wardrobeTray ceilingsCrown moldingDormer windowFormal dining roomGas cooktopWall oven
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- on Zillow
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Zillow last checked:
Listing updated:
Listed by:
Tina Nader 301-633-4309,
TTR Sotheby's International Realty 301-615-3000
Source: Bright MLS,MLS#: MDMC2258146
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Loft
Loft
- Level: Upper
Heating
- Forced Air, Heat Pump, Zoned, Electric, Natural Gas
Cooling
- Other, Electric
Appliances
- Included: Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
- Laundry: Lower Level
Features
- Breakfast Area, Ceiling Fan(s), Crown Molding, Dining Area, Family Room Off Kitchen, Open Floorplan, Eat-in Kitchen, Kitchen - Gourmet, Kitchen Island, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Tray Ceiling(s)
- Flooring: Ceramic Tile, Hardwood, Carpet, Wood
- Windows: Window Treatments
- Basement: Finished,Improved,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Corner, Glass Doors, Gas/Propane
Interior area
- Total structure area: 3,352
- Total interior livable area: 3,100 sqft
- Finished area above ground: 2,400
- Finished area below ground: 700
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Detached, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Four
- Stories: 4
- Pool features: Community
Lot
- Size: 1,900 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160903324506
- Zoning: MXD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Vinyl Siding
- Foundation: Permanent
- Roof: Asphalt
Condition
- Excellent
- New construction: No
- Year built: 2003
Details
- Builder model: Tarquin w/ Loft
- Builder name: Ryan
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lakelands
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Common Grounds, Community Center, Fitness Center, Lake, Party Room, Pool, Tennis Court(s), Tot Lots/Playground
- Services included: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
- HOA fee: $135 monthly
Location
- Region: Gaithersburg
- Municipality: Gaithersburg
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $667,300
- Annual tax amount: $8,972
- Date on market: 10/8/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Listed for rent | $4,250$1/sqft |
Source: Bright MLS #MDMC2262860 Report a problem | ||
| 10/6/2020 | Sold | $655,000-0.8%$211/sqft |
Source: Public Record Report a problem | ||
| 8/6/2020 | Pending sale | $660,000$213/sqft |
Source: Compass #MDMC719098 Report a problem | ||
| 7/31/2020 | Price change | $660,000-2.2%$213/sqft |
Source: Compass #MDMC719098 Report a problem | ||
| 7/10/2020 | Listed for sale | $675,000+10.2%$218/sqft |
Source: Compass #MDMC715114 Report a problem | ||
| 8/8/2005 | Sold | $612,500+47.1%$198/sqft |
Source: Public Record Report a problem | ||
| 6/24/2003 | Sold | $416,450$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $8,972 +11.2% | $667,300 +2.9% |
| 2025 | $8,067 -1.5% | $648,200 +3% |
| 2024 | $8,187 +3.6% | $629,100 +3.1% |
| 2023 | $7,903 +4.7% | $610,000 +1.7% |
| 2022 | $7,552 +1.3% | $599,533 +1.8% |
| 2021 | $7,454 +2.1% | $589,067 +1.8% |
| 2020 | $7,300 +5.6% | $578,600 |
| 2019 | $6,911 -0.6% | $578,600 +6% |
| 2018 | $6,950 +0.8% | $546,067 +3.1% |
| 2017 | $6,896 +7.6% | $529,800 +1.8% |
| 2016 | $6,409 | $520,433 +1.8% |
| 2015 | $6,409 | $511,067 +1.9% |
| 2014 | $6,409 | $501,700 |
| 2013 | -- | $501,700 |
| 2012 | -- | $501,700 -10.1% |
| 2011 | -- | $557,880 |
| 2010 | -- | $557,880 |
| 2009 | -- | $557,880 -8.4% |
| 2008 | -- | $609,040 +17.3% |
| 2007 | -- | $519,226 +20.9% |
| 2006 | -- | $429,413 +26.4% |
| 2005 | -- | $339,600 +5.4% |
| 2004 | -- | $322,280 |
| 2003 | -- | $322,280 +258.1% |
| 2002 | -- | $90,000 |
| 2001 | -- | $90,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lakelands
Nearby schools
Schools provided by the listing agent
- 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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