$245,000
SOLD OCT 18, 2024

301 Palmspring Dr Unit 12 Gaithersburg, MD 20878

2 Beds
1 Bath
864 Sq Ft
$396/mo HOA Fee

Recently Sold

$284 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Tennis Courts
  • Fields Road Elementary School Rated A-
  • Community Pool
  • Balcony

About This Home

As of October 2024

“All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee 0f $175 will apply to the buyer’s broker upon consummation of a sale.”
Two bedroom, one bath condo with community pool and tennis included. Washer/Dryer in-unit. Balcony with double width luxury sliding doors including built-in interior adjustable blinds. Dual closets in primary bedroom . Email helpful agent with questions

Last Agent to Sell the Property

Faith Rosselle

Rosselle Realty Services License #MD4558

Last Buyer's Agent

Hanna Wang

Prostage Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1987

HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Electric Front Loading Dryer

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902714194

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, sewer, water
  • Park Summit HOA
  • Low-Rise Condominium
  • Park Summit Condominiums
  • Park Summit Codm Community
  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,575

Year Built

Built in 1987

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: “All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee 0f $175 will apply to the buyer’s broker upon consummation of a sale.” Two bedroom, one bath condo with community pool and tennis included. Washer/Dryer in-unit. Balcony with double width luxury sliding doors including built-in interior adjustable blinds. Dual closets in primary bedroom . Email helpful agent with questions
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 3
  • Interior Amenities: Floor Plan - Traditional, Bathroom - Tub Shower
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 289.24
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 106.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Summit Condominiums
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Water
  • HOA Name: PARK SUMMIT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2024
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2575.00
  • Assessor Parcel Number: 160902714194
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/18/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $245,000 -2.0% $284 / Sq Ft
09/28/2024 09/28/24 Off Market $249,900 -- --
09/27/2024 09/27/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $249,900 -- $289 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,575 $193,333 $0 $0
2023 $2,326 $175,000 $52,500 $122,500
2022 $2,141 $170,000 $0 $0
2021 $2,152 $165,000 $0 $0
2020 $2,081 $160,000 $48,000 $112,000
2019 $2,088 $160,000 $48,000 $112,000
2018 $2,095 $160,000 $48,000 $112,000
2017 $2,078 $165,000 $0 $0
2016 -- $155,000 $0 $0
2015 $2,090 $145,000 $0 $0
2014 $2,090 $135,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,000 Stand Alone Second
Previous Owner $176,000 New Conventional
Previous Owner $176,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $245,000 None Listed On Document
Trustee Deed $164,500 None Listed On Document
Deed $220,000 --
Deed $220,000 --
Deed -- --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2143304

Bright MLS

APN: 09-02714194