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TownhouseResidential
$461,349$278 / 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 $147,000 on Mar 7, 1996

518 PALMSPRING DR

GAITHERSBURG, MD 20878
1.5
Baths
1,660 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.
3,700 ft²
Lot SizeThe size of the land the home sits on, from county records.
1990
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$461K
$436K low$486K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$147,000 · Mar 7, 1996

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$295 (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.$368,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$150,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$218,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$351,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$368,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
CountyMONTGOMERY
Lot (acres)The size of the land the home sits on, from county records.0.09
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 200 ft²

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 · 0.3 mi
M
Ridgeview Middle SchoolB-
Middle · Grades 6–8 · 2.1 mi
H
Quince Orchard High SchoolC+
High · Grades 9–12 · 2.4 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

518 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 81% of homes in Gaithersburg 20878
  • Costs less per square foot than 71% of homes in Gaithersburg 20878
  • Smaller than 71% of homes in Gaithersburg 20878
  • Has a bigger lot than 67% of homes in Gaithersburg
  • Newer than 74% 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 19% 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$461,349
CheaperTypical $740,298Pricier

Pricier than 19% of homes nearby

Price per ft²$278
CheaperTypical $309Pricier

Pricier than 29% of homes nearby

Living area1,660 ft²
SmallerTypical 2,248 ft²Bigger

Bigger than 29% of homes nearby

Lot size3,700 ft²
SmallerTypical 0.11 acBigger

Bigger than 47% of homes nearby

Year built1990
OlderTypical 1988Newer

Newer than 60% of homes nearby

How 518 Palmspring Dr ranks against every home in each area.
MeasureThis homeGaithersburgGaithersburg 20878Montgomery County
Estimated valuepricier than$461,34937% of homes19% of homes27% of homes
Price per ft²pricier than$27841% of homes29% of homes38% of homes
Living areabigger than1,660 ft²44% of homes29% of homes36% of homes
Lot sizebigger than3,700 ft²67% of homes47% of homes35% of homes
Year builtnewer than199059% of homes60% of homes74% of homes

About 518 Palmspring Dr

How much is 518 Palmspring Dr, Gaithersburg, MD worth?

The TopHap Estimate for 518 Palmspring Dr, Gaithersburg, MD is $461,349 as of Sep 24, 2026. The likely range is $436,215 to $486,483. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 518 Palmspring Dr, Gaithersburg, MD last sell?

518 Palmspring Dr, Gaithersburg, MD last sold on Mar 7, 1996 for $147,000, according to the county's recorded deed.

How big is 518 Palmspring Dr, Gaithersburg, MD?

518 Palmspring Dr, Gaithersburg, MD has 1.5 bathrooms, 1,660 square feet of living space and a 0.09-acre lot.

When was 518 Palmspring Dr, Gaithersburg, MD built?

518 Palmspring Dr, Gaithersburg, MD was built in 1990, making it 36 years old. It is a townhouse home. The building has 2 stories.

What schools serve 518 Palmspring Dr, Gaithersburg, MD?

518 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 518 Palmspring Dr, Gaithersburg, MD compare to other homes in Gaithersburg 20878?

Among the 20,757 homes in Gaithersburg 20878, it is worth more than 19% of them ($461,349 against a typical $740,298), its price per square foot is higher than 29% of them ($278 against a typical $309), it is bigger than 29% of them (1,660 ft² against a typical 2,248 ft²), its lot is bigger than 47% of them (3,700 ft² against a typical 0.11 ac) and it is newer than 60% of them (1990 against a typical 1988). Measured against all of Montgomery County, it is worth more than 27% 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 518 Palmspring Dr, Gaithersburg, MD?

The 2025 property tax bill for 518 Palmspring Dr, Gaithersburg, MD was $295. The county assessed it at $368,900.

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