Skip to content
Skip to content
TopHapOpen in map
CondominiumResidential

301 Palmspring Dr

GAITHERSBURG, MD 20878
1,585 ft²
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
Built 198712 units864–964 ft²
$3.1M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$266K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$287
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-6.0%vs the Gaithersburg ZIP median sale $/ft² ($305)

Sales Performance

$270K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+10.2%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
8.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+5.5%per yeartypical hold 12.6 yrsfrom 5 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19992003200420062015201920212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19992003200420062015201920212026

16 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$225K$242K$259K$277K864 ft²884 ft²904 ft²924 ft²944 ft²964 ft²
Studio
Studio
12 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 1 ba · 864 ft²
6 units
Studio · 1 ba · 964 ft²
6 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$225K–$225K
1 unit
$252K–$255K
2 units
$260K–$262K
2 units
$266K–$269K
4 units
$270K–$277K
3 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.42%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.17%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.16.1 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.52%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$273,532
Median tax billThe middle annual property tax bill among the building's units.$2,678
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 2Aug 20, 2026$270,000Unit 12Oct 23, 2024$245,000Unit 2Feb 10, 2021$195,000Unit 10Jun 3, 2019$195,000Unit 1Apr 23, 2018$165,000Unit 5Aug 4, 2015$165,500Unit 10May 11, 2006$240,100Unit 3Nov 8, 2005$242,500Unit 10Oct 25, 2005$200,790Unit 11Oct 13, 2005$240,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
75
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
78
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
34
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyMONTGOMERY
Lot (acres)The size of the land the home sits on, from county records.0.04
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Fields Road Elementary SchoolC+
Elementary · Grades PK–5 · 0.4 mi
M
Ridgeview Middle SchoolB-
Middle · Grades 6–8 · 2.0 mi
H
Quince Orchard High SchoolC+
High · Grades 9–12 · 2.3 mi

District: Montgomery County Public Schools

Neighborhood · ZIP 20878These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.62
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.66,167
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,976 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$145,457
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$176,656
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

301 Palmspring Dr
1 ba · 864 ft²
$255K
301 Palmspring Dr # 2
1 ba · 964 ft²
$270K
301 Palmspring Dr
1 ba · 964 ft²
$266K
301 Palmspring Dr # 4
1 ba · 864 ft²
$260K
301 Palmspring Dr # 5
1 ba · 864 ft²
$277K
301 Palmspring Dr # 6
1 ba · 964 ft²
$266K
301 Palmspring Dr # 7
1 ba · 964 ft²
$225K
301 Palmspring Dr # 8
1 ba · 864 ft²
$262K
301 Palmspring Dr # 9
1 ba · 864 ft²
$268K
301 Palmspring Dr # 10
1 ba · 964 ft²
$269K
301 Palmspring Dr # 11
1 ba · 964 ft²
$271K
301 Palmspring Dr # 12
1 ba · 864 ft²
$252K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 301 Palmspring Dr

How many units are in 301 Palmspring Dr, Gaithersburg, MD?

301 Palmspring Dr, Gaithersburg, MD has 12 residential units across built in 1987, according to county assessor records.

What is a unit at 301 Palmspring Dr, Gaithersburg, MD worth?

The median TopHap Estimate across the 12 units at 301 Palmspring Dr, Gaithersburg, MD is $265,960. That works out to $287 per square foot. Units run from 864 to 964 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 301 Palmspring Dr, Gaithersburg, MD expensive for Gaithersburg?

Units at 301 Palmspring Dr, Gaithersburg, MD carry a median of $287 per square foot, 6% below the Gaithersburg median of $305 per square foot.

How often do units sell at 301 Palmspring Dr, Gaithersburg, MD?

1 units at 301 Palmspring Dr, Gaithersburg, MD sold in the last 12 months, out of 16 recorded arms-length sales all time. That is a turnover rate of 8.3% of the building per year. The median sale over that period was $270K.

Have units at 301 Palmspring Dr, Gaithersburg, MD appreciated?

Across 5 repeat sales of the same unit, 301 Palmspring Dr, Gaithersburg, MD returned a median 5.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 12.6 years.

What floor plans does 301 Palmspring Dr, Gaithersburg, MD have?

The most common plan at 301 Palmspring Dr, Gaithersburg, MD is a 0-bedroom of 864 square feet, repeated 6 times, with a median estimate of $261,137. TopHap identifies 2 recurring plans in the building.

More homes on Palmspring Dr

Closest homes

More homes in Gaithersburg 20878

Assigned schools

Explore the area

See this home in context

Open 301 Palmspring Dr on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map