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CondominiumResidential
$260,363$301 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $190,000 on May 3, 2005

301 PALMSPRING DR

GAITHERSBURG, MD 20878
Building report
1
Baths
864 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
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.

Valuation

$260K
$248K low$273K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$190,000 · May 3, 2005

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,613 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$210,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$63,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$147,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$195,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$210,000

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

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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%

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

How this home compares

301 Palmspring Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 96% of homes in Gaithersburg 20878
  • Among the smallest homes in Gaithersburg 20878
  • Has a smaller lot than 86% of homes in Gaithersburg 20878
  • Newer than 69% of homes in Montgomery County

What homes are worth in Gaithersburg 20878

Each bar is how many homes fall in that price range. The marker is this home.

This home
$185K$1.6M

This home is worth more than 4% of homes in Gaithersburg 20878.

How it measures up in Gaithersburg 20878

The dot is this home. The mark in the middle is the typical home in Gaithersburg 20878.

Estimated value$260,363
CheaperTypical $740,298Pricier

Pricier than 4% of homes nearby

Price per ft²$301
CheaperTypical $309Pricier

Pricier than 45% of homes nearby

Living area864 ft²
SmallerTypical 2,248 ft²Bigger

Smaller than almost all homes nearby

Lot size1,585 ft²
SmallerTypical 0.11 acBigger

Bigger than 14% of homes nearby

Year built1987
OlderTypical 1988Newer

Newer than 49% of homes nearby

How 301 Palmspring Dr ranks against every home in each area.
MeasureThis homeGaithersburgGaithersburg 20878Montgomery County
Estimated valuepricier than$260,36310% of homes4% of homes7% of homes
Price per ft²pricier than$30157% of homes45% of homes49% of homes
Living areabigger than864 ft²3% of homesalmost no homes3% of homes
Lot sizebigger than1,585 ft²20% of homes14% of homes16% of homes
Year builtnewer than198751% of homes49% of homes69% of homes

About 301 Palmspring Dr

How much is 301 Palmspring Dr, Gaithersburg, MD worth?

The TopHap Estimate for 301 Palmspring Dr, Gaithersburg, MD is $260,363 as of Sep 24, 2026. The likely range is $247,798 to $272,928. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 301 Palmspring Dr, Gaithersburg, MD last sell?

301 Palmspring Dr, Gaithersburg, MD last sold on May 3, 2005 for $190,000, according to the county's recorded deed.

How big is 301 Palmspring Dr, Gaithersburg, MD?

301 Palmspring Dr, Gaithersburg, MD has 1 bathrooms, 864 square feet of living space and a 0.04-acre lot.

When was 301 Palmspring Dr, Gaithersburg, MD built?

301 Palmspring Dr, Gaithersburg, MD was built in 1987, making it 39 years old. It is a condo/apartment home.

What schools serve 301 Palmspring Dr, Gaithersburg, MD?

301 Palmspring Dr, Gaithersburg, MD is assigned to Fields Road Elementary School (elementary), rated C+; Ridgeview Middle School (middle), rated B-; Quince Orchard High School (high), rated C+. All sit in Montgomery County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 301 Palmspring Dr, Gaithersburg, MD compare to other homes in Gaithersburg 20878?

Among the 20,757 homes in Gaithersburg 20878, it is worth more than 4% of them ($260,363 against a typical $740,298), its price per square foot is higher than 45% of them ($301 against a typical $309), it is bigger than almost none of them (864 ft² against a typical 2,248 ft²), its lot is bigger than 14% of them (1,585 ft² against a typical 0.11 ac) and it is newer than 49% of them (1987 against a typical 1988). Measured against all of Montgomery County, it is worth more than 7% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 301 Palmspring Dr, Gaithersburg, MD?

The 2025 property tax bill for 301 Palmspring Dr, Gaithersburg, MD was $2,613. The county assessed it at $210,000.

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