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Sold for $740,000
  • $740,000

    702 Market St E, Gaithersburg, MD 20878

    3beds
    2,300sqft
    Townhouse
    Built in 2001
    1,625 Square Feet Lot
    $751,600 Zestimate®
    $322/sqft
    $3,372 Estimated rent

    Home value

    $751,600

    $691,000 - $819,000

    $3,372/mo

    Zestimate® history
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    What's special

    Gas fireplaceLovely viewsLarge custom walk-in closetFlexible lower-level spacePeaceful courtyardPlantation shuttersSpacious family room
    Rarely available brick end-unit, 4-level townhome ideally sited on a peaceful courtyard with lovely views. Thoughtfully updated with high-end style in mind, this home features beautiful flooring, designer paint and wallpaper, custom lighting and closets, plantation shutters, and recessed lighting throughout. The open floor plan offers generous living and entertaining spaces, including a spacious family room that flows seamlessly into the table-space kitchen—perfect for gatherings and everyday living. The kitchen impresses with a large center island, gas fireplace, workstation, and direct access to the rear deck for outdoor dining. The upper levels include a luxurious primary suite with room for a sitting area, a separate loft space ideal for an office or gym, a spa-inspired bath, and a large custom walk-in closet. A flexible lower-level space provides an option for a third bedroom or den. Enjoy all the Lakelands lifestyle has to offer—beautifully maintained grounds, walking and biking paths, playgrounds, pools, and community events—plus easy access to grocery stores, restaurants, and everyday conveniences just minutes away.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Matese 301-806-6829,

    Compass

    Bought with:

    K Soung, 638547

    Realty ONE Group Capital

    Source: Bright MLS,MLS#: MDMC2204060MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Washer, Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Cooktop, Gas Water Heater
    • Laundry: Lower Level
    Features
    • Kitchen Island, Breakfast Area, Kitchen - Gourmet, Dining Area, Kitchen - Table Space, Eat-in Kitchen, Primary Bath(s), Upgraded Countertops, Open Floorplan, 9'+ Ceilings
    • Flooring: Luxury Vinyl, Wood
    • Windows: Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Screen, Gas/Propane
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft
    • Finished area above ground: 2,300
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four
    • Stories: 4
    • Patio & porch: Deck
    • Pool features: Community
    Lot
    • Size: 1,625 sqft
    • Features: Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160903297195
    • Zoning: MXD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2001
    Details
    • Builder model: FAIRGATE W/ LOFT

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Smoke Detector(s)
    Location
    • Region: Gaithersburg
    • Subdivision: Lakelands
    • Municipality: City of Gaithersburg

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly
    • Amenities included: Pool, Recreation Facilities, Tennis Court(s), Tot Lots/Playground, Community Center, Fitness Center
    • Services included: Management, Insurance, Recreation Facility, Reserve Funds, Snow Removal, Trash

    Other

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

    Price history

    DateEventPrice
    11/14/2025Sold$740,000+5.4%$322/sqft
    Source: Bright MLS #MDMC2204060 Report a problem
    10/21/2025Contingent$702,000$305/sqft
    Source: Bright MLS #MDMC2204060 Report a problem
    10/17/2025Listed for sale$702,000+23.2%$305/sqft
    Source: Bright MLS #MDMC2204060 Report a problem
    2/22/2021Sold$570,000+10.1%$248/sqft
    Source: Public Record Report a problem
    1/17/2018Sold$517,500$225/sqft
    Source: Agent Provided Report a problem
    8/28/2014Sold$517,500-2.3%$225/sqft
    Source: Public Record Report a problem
    6/27/2014Price change$529,900-1.9%$230/sqft
    Source: RE/MAX METROPOLITAN REALTY #MC8388333 Report a problem
    5/29/2014Listed for sale$539,900+45.9%$235/sqft
    Source: RE/MAX METROPOLITAN REALTY #MC8388333 Report a problem
    7/1/2010Sold$370,000-21.1%$161/sqft
    Source: Public Record Report a problem
    5/28/2010Price change$469,000-3.3%$204/sqft
    Source: foreclosure.com Report a problem
    3/26/2010Listed for sale$484,900-14.2%$211/sqft
    Source: foreclosure.com Report a problem
    1/27/2006Sold$565,000+41.3%$246/sqft
    Source: Public Record Report a problem
    11/25/2003Sold$400,000+35.7%$174/sqft
    Source: Public Record Report a problem
    5/15/2001Sold$294,850$128/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,085 +8.7%$675,700 +5.2%
    2024$8,360 +5.9%$642,400 +5.5%
    2023$7,892 +3.9%$609,100 +1%
    2022$7,599 +0.5%$603,267 +1%
    2021$7,560 +1.3%$597,433 +1%
    2020$7,464 -0.3%$591,600
    2019$7,487 -0.6%$591,600
    2018$7,529 -2.9%$591,600 -0.8%
    2017$7,751 +41.9%$596,100 +9.5%
    2016$5,462 $544,500 +10.5%
    2015$5,462 $492,900 +11.7%
    2014$5,462 $441,300
    2013-- $441,300
    2012-- $441,300 -8%
    2011-- $479,550
    2010-- $479,550
    2009-- $479,550 -18.7%
    2008-- $590,200 +15.5%
    2007-- $511,170 +18.3%
    2006-- $432,140 +22.4%
    2005-- $353,110 +12.1%
    2004-- $315,136
    2003-- $315,136 +31.8%
    2002-- $239,190
    2001-- $239,190

    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
    $751,600
    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
    $751,600