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301 Palmspring Drive # 7 Gaithersburg, MD $ 225,000
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$ 225,000 Get more info
301 Palmspring Drive # 7
$ 225,000
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301 Palmspring Drive # 7

Gaithersburg, MD, 20878
$ 225,000
Bedrooms2 Baths1.0 Sq 964

Monthly Estimate*

$ 1,421

301 Palmspring Drive # 7, Gaithersburg, MD 20878 - Image 1
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Condo for sale in Gaithersburg, MD

for $225,000 with 2 bedrooms and 1 full bath. This 964 square foot condo was built in 1987.

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.

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Condo Active

Price

$ 225,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 2,696

Style

Unit/Flat

Year Built

1987

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2251978
Features
General
Living Area 964
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Phone Connected
Possession 31-60 Days CD
Roof Shingle
Appliances Dishwasher Disposal Dryer Refrigerator Stove Washer Oven - Single Exhaust Fan
Zoning R20
Association Fee Includes Water Trash Snow Removal Road Maintenance Pool(s) Parking Fee Lawn Maintenance Insurance Ext Bldg Maint
Architectural Style Unit/Flat
Construction Materials Vinyl Siding
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1987
Levels 1
Unit Number 7
Tax Year 2026
Ownership Condominium
Cool Fuel Electric
Building Name PARK SUMMIT CODM
Accessibility None
HOA Fee 2 480.00
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Pool - Outdoor
HOA N
Subdivision Name PARK SUMMIT CODM
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions MUDDY BRANCH TO PALMSPRING DR
City GAITHERSBURG
Senior Community Y/N N
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2696.0
Home Warranty Y/N N
Property Condition Average
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 233.4
Acceptable Financing Cash FHA 203(b) Conventional
Community Pool Features In Ground
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision PARK SUMMIT CODM
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Interior
Interior Amenities Bathroom - Tub Shower Bathroom - Soaking Tub
Heating Fuel Electric
Flooring Carpet
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 964
Half Baths 0
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 2
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Pool Yes - Community
Parking Features Public Unassigned
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Spa N
Water View Y/N N
Road Surface Type Black Top
Waterfront Y/N N
Door Features Sliding Glass
Road Responsibility City/County
Horse Y/N N
Land Assessed Value 64500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Coldwell Banker Realty

Broker

rmyoung@cbmove.com

Email

Affordability Calculator

$1,645
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533413 Elementary School
3533471 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$225,000 Listed Price

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301 Palmspring Drive # 7, Gaithersburg, MD, 20878 is a Condo for sale at $225,000 with 964 sqft. 301 Palmspring Drive # 7 has 2 bedrooms, 1.0 baths, and was built in 1987. The property's zip code is 20878 which is in Gaithersburg, MD

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