Date
Details
Price
Change
Source
8/19/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$225,000 Just Listed
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Property Description
This property is owned by HUD (Case #249-504715). FHA Financing: IE (Insured Escrow). The property is sold strictly in AS-IS condition and is managed by K.M. Minemier & Associates, LLC. The seller will make no repairs, and no repairs may be completed prior to closing. Purchaser inspections are for informational purposes only. The seller may offer up to 3% closing cost assistance. Any ground rent must be verified by the buyer. Showing agents must sign the physical sign-in sheet at the property for every showing. Bids may only be submitted by HUD-registered agents/agencies through HUDHomeStore.gov. All bidding deadlines and disclosures can be reviewed online at HUDHomeStore.gov prior to placing a bid. All offers will be considered. Equal Housing Opportunity. The property features 2 bedrooms and 2 bathrooms, along with a spacious living room and kitchen. This is a great opportunity for a first-time homebuyer, someone looking to downsize, or an investor seeking a promising property. Listing Period: Owner-occupants, nonprofit organizations, and government agencies only.
Full Property Details
Full Property Details for 301 Palmspring Dr #7
General
- Price: $225,000
- HOA FEE: $480/month
- Taxes: $2,696 (2026)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2251978
- Updated: Today (8/19/2026)
- Added to Site: Today
Interior
- Interior Features: Bathroom - Tub Shower, Bathroom - Soaking Tub
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Oven - Single, Exhaust Fan
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Main Floor
Additional Information
- Shared Amenities: Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Parking
- Parking Features: Public, Unassigned
- Parking Type: Parking Lot
Location
- County: MONTGOMERY
- Subdivision: PARK SUMMIT CODM
- Building Name: PARK SUMMIT CODM
- Cross Streets: Muddy Branch
- Driving Directions: MUDDY BRANCH TO PALMSPRING DR
School Information
- School District: Montgomery County Public Schools
Community
- Assoc. Fees Include: Water, Trash, Snow Removal, Road Maintenance, Pool(s), Parking Fee, Lawn Maintenance, Insurance, Ext Bldg Maint
- Pets Allowed: Yes
- Pets: Dogs OK, Cats OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Phone Connected
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Vinyl Siding
- Foundation: Slab
- Roof: Shingle
- Walls/Ceilings: Dry Wall
- Doors: Sliding Glass
- Entry Floor Number: 2
- Stories Description: Main
- Square Feet: 964
- Sq. Ft. Source: Assessor
- Living Area: 964 Sq. Ft.
- Finished Above Grnd: 964 Sq. Ft.
- Year Built: 1987
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Unit Floor in Bldg.: 3
Lot Features
- Street/Road Desc.: Black Top
- Zoning: R20
Financial Considerations
- Price Per Sq. Ft.: $233.4
- Condo Fee: $480
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- County Tax: $2,130
- County Tax Freq: Annually
- Tax w/Assessment: $215,000
- Tax Amount: $2,696
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 964
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Bank-owned: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Meet the listing agent
Meet the listing agent
— 301 Palmspring Dr #7 —
(301) 366-7834 mobile
(301) 983-0200 office
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 301 Palmspring Dr #7
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Fields Road Elementary School 1 School Drive, Gaithersburg, MD 20878 | PK-5 | 0.4 mi |
Ridgeview Middle School 16600 Raven Rock Drive, Gaithersburg, MD 20878 | 6-8 | 2 mi |
Quince Orchard High School 15800 Quince Orchard Road, Gaithersburg, MD 20878 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 Palmspring Dr #7
Tax History
Tax History for 301 Palmspring Dr #7
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30
—
$215,000
5%
2025
$30
-99%
$205,000
5%
2024
$2,557
65%
$195,000
5%
2022
$1,551
-30%
$185,000
5%
2022
$2,225
9%
$176,667
5%
2018
$2,036
12625%
$168,333
5%
2021
$16
-91%
$160,000
—
2020
$183
3%
$160,000
—
2019
$178
-4%
$160,000
-11%
2018
$186
-88%
$180,000
6%
2017
$1,559
14%
$170,000
6%
2016
$1,362
628%
$160,000
7%
2015
$187
-91%
$150,000
—
2014
$1,988
—
$150,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 301 Palmspring Dr #7
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301 Palmspring Drive #7, Gaithersburg, MD 20878 (MLS# MDMC2251978) is a Condo property with 2 bedrooms and 1 full bathroom. 301 Palmspring Drive #7 is currently listed for $225,000 and was received on August 19, 2026. This property is listed by Rita Young from our Potomac / Rockville Office.Want to learn more about 301 Palmspring Drive #7? Do you have questions about finding other Condo real estate for sale in Gaithersburg? You can browse all Gaithersburg real estate or contact a Coldwell Banker agent to request more information.