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481 Phelps St; Gaithersburg, MD Property Details

481 Phelps St, Gaithersburg, MD is a Townhouse that was built in 2001. This property is currently Financed and is not for sale. Our records show that 481 Phelps St has 3 bedrooms, and 3.5 bathrooms, and a total of 2,754 square feet. The lot size of 481 Phelps St is 2,625 square feet.

Off market
481 Phelps St Gaithersburg, MD 20878
$875,000 Listing Price
3 Beds
3.5 Baths
2,754 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2001
  • Purchase Price: $875,000
  • Open Loans / Balance: 1 / $643,501
  • Est. Equity / %: $235,499 / 26.79%
  • Gross Yield: 7.036%
  • APN: 09-03320678
  • Situs County: Montgomery
  • Length Of Ownership: 1 year, 5 months

Rooms

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

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 2,754/SqFt
  • Lot: 2,625/SqFt
  • Gross: 2,754/SqFt
  • Garage: 400/SqFt
  • Living: 2,754/SqFt
  • Basement: 850/SqFt
  • Building: 2,754/SqFt
  • Ground: 952/SqFt
  • Basement Finished: 850/SqFt
  • Price Per Square Foot: $317.72

Legal Description

  • Description: LAKELANDS PH 2 SEC 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: 39.116993 / -77.231316
  • Subdivision: Lakelands
  • Property Class: Residential
  • Zoning: MXD
  • County Use Code: 116

Amenities

  • Plus Four: 3214
  • 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

481 Phelps St has no associated ownership info
481 Phelps St has no associated ownership info.

Taxes

481 Phelps St has 10 associated Taxes items

481 Phelps St, 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 $719,100. The APN we've located for 481 Phelps St is 09-03320678.

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Taxes
  • Assessed Value:  $719,100
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  09-03320678
  • Assessed Land Value:  305000
  • Market Land Value:  305000
  • Tax Amount:  9542.85
  • Tax Year:  2025
  • Market Value:  719100
  • Market Year:  2026

Tax History

481 Phelps St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $719,100 Land Value $305,000 Improvement Value $414,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $9,542.85 Change Rate +0.020611% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $9,350.13 Change Rate +0.104297% Assessed CR Tax Rate
Year 2023 Assessed Value $687,100 Land Value $305,000 Improvement Value $382,100 Tax Amount $8,467.04 Change Rate +0.047878% Assessed CR Tax Rate +0.012323%
Year 2022 Assessed Value $674,867 Land Value Improvement Value Tax Amount $8,080.18 Change Rate -0.492608% Assessed CR Tax Rate +0.011973%
Year 2021 Assessed Value $662,633 Land Value Improvement Value Tax Amount $15,924.92 Change Rate +0.024594% Assessed CR Tax Rate +0.024033%
Year 2020 Assessed Value $650,400 Land Value $305,000 Improvement Value $345,400 Tax Amount $15,542.66 Change Rate +0.05115% Assessed CR Tax Rate +0.023897%
Year 2019 Assessed Value $621,033 Land Value Improvement Value Tax Amount $14,786.34 Change Rate +0.963618% Assessed CR Tax Rate +0.023809%
Year 2018 Assessed Value $591,667 Land Value Improvement Value Tax Amount $7,530.15 Change Rate +0.029362% Assessed CR Tax Rate +0.012727%
Year 2017 Assessed Value $562,300 Land Value Improvement Value Tax Amount $7,315.36 Change Rate Assessed CR Tax Rate +0.01301%
Year 2016 Assessed Value $553,467 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $544,633 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $535,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,795.47 Change Rate Assessed CR Tax Rate