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400 Inspiration Ln; Gaithersburg, MD Property Details

400 Inspiration Ln, Gaithersburg, MD is a Townhouse that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 400 Inspiration Ln has 3.5 bathrooms, and a total of 2,460 square feet. The lot size of 400 Inspiration Ln is 2,103 square feet.

Off market
400 Inspiration Ln Gaithersburg, MD 20878
$705,800 Estimated Value
3.5 Baths
2,460 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $690,000
  • Open Loans / Balance: 1 / $319,700
  • Est. Equity / %: $544,300 / 63%
  • Gross Yield: 6.978%
  • APN: 09-03355393
  • Situs County: Montgomery
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 3
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Wood Shake/ Shingles
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 2,460/SqFt
  • Lot: 2,103/SqFt
  • Gross: 2,460/SqFt
  • Garage: 400/SqFt
  • Living: 2,460/SqFt
  • Basement: 540/SqFt
  • Building: 2,460/SqFt
  • Ground: 720/SqFt
  • Basement Finished: 540/SqFt
  • Price Per Square Foot: $280.49

Legal Description

  • Description: LAKELANDS PH 1
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.119576 / -77.23721
  • Subdivision: Lakelands
  • Property Class: Residential
  • Zoning: MXD
  • County Use Code: 116

Amenities

  • Plus Four: 5815
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $135
  • H O A Amount: $135
  • H O A One Frequency: Monthly
  • H O A One Name: Lakelands Community Assn Llc
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Lakelands Ridge Hoa Inc
  • H O A Two Type: Condo Owner Association

Ownership Info

400 Inspiration Ln has no associated ownership info
400 Inspiration Ln has no associated ownership info.

Taxes

400 Inspiration Ln has 10 associated Taxes items

400 Inspiration Ln, Gaithersburg, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $705,800. The APN we've located for 400 Inspiration Ln is 09-03355393.

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Taxes
  • Assessed Value:  $705,800
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  09-03355393
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  8716.88
  • Tax Year:  2025
  • Market Value:  705800
  • Market Year:  2026

Tax History

400 Inspiration Ln has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $705,800 Land Value $300,000 Improvement Value $405,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,716.88 Change Rate -0.058155% Assessed CR Tax Rate
Year 2024 Assessed Value $690,467 Land Value Improvement Value Tax Amount $9,255.11 Change Rate +0.100312% Assessed CR Tax Rate +0.013404%
Year 2023 Assessed Value $682,800 Land Value $300,000 Improvement Value $382,800 Tax Amount $8,411.35 Change Rate +0.032137% Assessed CR Tax Rate +0.012319%
Year 2022 Assessed Value $680,367 Land Value Improvement Value Tax Amount $8,149.45 Change Rate -0.500404% Assessed CR Tax Rate +0.011978%
Year 2021 Assessed Value $677,933 Land Value Improvement Value Tax Amount $16,312.08 Change Rate +0.008412% Assessed CR Tax Rate +0.024061%
Year 2020 Assessed Value $675,500 Land Value $300,000 Improvement Value $375,500 Tax Amount $16,176 Change Rate +0.043318% Assessed CR Tax Rate +0.023947%
Year 2019 Assessed Value $649,400 Land Value Improvement Value Tax Amount $15,504.38 Change Rate +0.95448% Assessed CR Tax Rate +0.023875%
Year 2018 Assessed Value $623,300 Land Value Improvement Value Tax Amount $7,932.74 Change Rate +0.021514% Assessed CR Tax Rate +0.012727%
Year 2017 Assessed Value $597,200 Land Value Improvement Value Tax Amount $7,765.67 Change Rate Assessed CR Tax Rate +0.013003%
Year 2016 Assessed Value $578,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $560,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $542,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,939.63 Change Rate Assessed CR Tax Rate