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524 Palmspring Dr; Gaithersburg, MD Property Details

524 Palmspring Dr, Gaithersburg, MD is a Townhouse that was built in 1990. This property is not for sale. Our records show that 524 Palmspring Dr has 1 bathroom, and a total of 1,360 square feet. The lot size of 524 Palmspring Dr is 2,100 square feet.

Off market
524 Palmspring Dr Gaithersburg, MD 20878
$357,600 Estimated Value
1 Baths
1,360 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1990
  • Open Loans / Balance: 1 / $61,244
  • Est. Equity / %: $389,756 / 86.42%
  • Gross Yield: 7.094%
  • APN: 09-02705565
  • Situs County: Montgomery
  • Length Of Ownership: 25 years, 6 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 1,360/SqFt
  • Lot: 2,100/SqFt
  • Gross: 1,360/SqFt
  • Living: 1,360/SqFt
  • Basement: 1/SqFt
  • Building: 1,360/SqFt
  • Ground: 680/SqFt

Legal Description

  • Description: PARK SUMMIT
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: 39.122402 / -77.21121
  • Subdivision: Park Summit
  • Property Class: Residential
  • Zoning: R20
  • County Use Code: 116

Amenities

  • Plus Four: 2971
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Monthly
  • H O A One Name: Park Summit Homeowners Assn Inc %
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Park Summit Homeowners Assoc Inc %
  • H O A Two Type: Condo  Owner Association

Ownership Info

524 Palmspring Dr has no associated ownership info
524 Palmspring Dr has no associated ownership info.

Taxes

524 Palmspring Dr has 10 associated Taxes items

524 Palmspring Dr, 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 $357,600. The APN we've located for 524 Palmspring Dr is 09-02705565.

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Taxes
  • Assessed Value:  $357,600
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  09-02705565
  • Assessed Land Value:  150000
  • Market Land Value:  150000
  • Tax Amount:  4724.52
  • Tax Year:  2025
  • Market Value:  357600
  • Market Year:  2026

Tax History

524 Palmspring Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $357,600 Land Value $150,000 Improvement Value $207,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,724.52 Change Rate +0.064791% Assessed CR Tax Rate
Year 2024 Assessed Value $323,400 Land Value Improvement Value Tax Amount $4,437.04 Change Rate +0.060394% Assessed CR Tax Rate +0.01372%
Year 2023 Assessed Value $306,300 Land Value $120,000 Improvement Value $186,300 Tax Amount $4,184.33 Change Rate +0.039859% Assessed CR Tax Rate +0.013661%
Year 2022 Assessed Value $300,467 Land Value Improvement Value Tax Amount $4,023.94 Change Rate -0.492637% Assessed CR Tax Rate +0.013392%
Year 2021 Assessed Value $294,633 Land Value Improvement Value Tax Amount $7,931.08 Change Rate Assessed CR Tax Rate +0.026919%
Year 2020 Assessed Value $288,800 Land Value $120,000 Improvement Value $168,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $287,433 Land Value Improvement Value Tax Amount $7,661.66 Change Rate +1.104406% Assessed CR Tax Rate +0.026655%
Year 2018 Assessed Value $286,067 Land Value Improvement Value Tax Amount $3,640.77 Change Rate -0.024832% Assessed CR Tax Rate +0.012727%
Year 2017 Assessed Value $284,700 Land Value Improvement Value Tax Amount $3,733.48 Change Rate Assessed CR Tax Rate +0.013114%
Year 2016 Assessed Value $268,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $252,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $236,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,986.54 Change Rate Assessed CR Tax Rate