525 Philmont Dr Gaithersburg, MD 20878
Estimated payment $2,889/month
Highlights
- Colonial Architecture
- Deck
- Wood Flooring
- Fields Road Elementary School Rated A-
- Recreation Room
- 1 Fireplace
About This Home
Well-maintained 3-bedroom, 2.5-bath townhome in the sought-after Park Summit community. 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 a 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). 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. **Seller offering $10,000 credit toward new deck..reach out for details! Conveniently located near shopping, dining, and major commuter routes. Schedule your showing today!
Listing Agent
(443) 956-3109 lisagriggs@kw.com Keller Williams Flagship License #627018 Listed on: 09/19/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,178
Year Built
- Built in 1985 | Remodeled in 2005
Lot Details
- 2,180 Sq Ft Lot
- Back Yard Fenced
- Property is in excellent condition
HOA Fees
- $107 Monthly HOA Fees
Home Design
- Colonial Architecture
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- 1 Fireplace
- Six Panel Doors
- Living Room
- Recreation Room
Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Rear Basement Entry
- Sump Pump
- Laundry in Basement
Home Security
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Deck
Schools
- Quince Orchard High School
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 160902434906
Community Details
Overview
- Built by RYLAND
- Park Summit Codm Subdivision, Spectacular Floorplan
- Planned Unit Development
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Security
- Storm Doors
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,178 | $319,833 | -- | -- |
| 2024 | $4,178 | $303,467 | $0 | $0 |
| 2023 | $3,244 | $287,100 | $120,000 | $167,100 |
| 2022 | $3,551 | $281,900 | $0 | $0 |
| 2021 | $3,047 | $276,700 | $0 | $0 |
| 2020 | $5,918 | $271,500 | $120,000 | $151,500 |
| 2019 | $2,921 | $270,233 | $0 | $0 |
| 2018 | $2,908 | $268,967 | $0 | $0 |
| 2017 | $2,802 | $267,700 | $0 | $0 |
| 2016 | $2,759 | $253,367 | $0 | $0 |
| 2015 | $2,759 | $239,033 | $0 | $0 |
| 2014 | $2,759 | $224,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Price Changed | $464,900 | -1.1% | $302 / Sq Ft |
| 10/11/2025 10/11/25 | Price Changed | $469,900 | -2.1% | $305 / Sq Ft |
| 09/29/2025 09/29/25 | Price Changed | $479,900 | -1.2% | $312 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $485,900 | -- | $316 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $355,000 | -- | |
| Deed | $355,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,000 | Purchase Money Mortgage | |
| Previous Owner | $284,000 | Purchase Money Mortgage | |
| Previous Owner | $284,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: MDMC2195824
APN: 09-02434906
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