522 Palmtree Dr, Gaithersburg, MD 20878 Property Records

Montgomery County property record for 522 Palmtree Dr, Gaithersburg, MD 20878 · Last verified August 2026

Property Summary

Property Type	Townhouse
Details	2.5 ba · 1,582 sqft · built 1986
Lot Size	0.028 acres (1,200 sqft)
Owner	Individual Name on File
Last Sale	$445,000 (Jun 2026)
Tax Bill	$4,406 (2025)
Deeds & Mortgages	Jun 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`09-02435320`

Property Details

APN / Parcel Number

Primary APN	`09-02435320`
Alternative APN	`02435320`

Interior

Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	3 Stories
Building Area	1,582 sqft Living Area
1st Floor Area	542 sqft

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Architectural Style	Townhouse
Exterior Material	Siding
Roof Material	Composition Shingle
Lot Area	1,200 sqft (0.028 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Account Number	02435320
Street Address	522 PALMTREE DR
City	GAITHERSBURG
State	MD
Zip	20878-2930
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Legal Description	PARK SUMMIT
Legal Subdivision	PARK SUMMIT
Legal Block	C
Legal Lot Number	34
Jurisdiction	MONTGOMERY MD
Township / Civil Division	9
Census Block Group	2
Census Block	2003
Census Tract	700837

Owner

Source: Montgomery County records · APN 09-02435320

Assessment roll updated August 17, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	522 PALMTREE DR, GAITHERSBURG, MD 20878-2930
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 24, 2026 · Amount on Record
Deed Sale	Jun 24, 2026 · Amount on Record
Prior Sale	Feb 28, 1995 · Amount on Record
Deed Book / Page	70646 / 45
Record Updated	Sep 20, 2026

June 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	MONTGOMERY MD
Recording Date	Jun 24, 2026
Property Address	522 PALMTREE DR, GAITHERSBURG, MD 20878-2930
Document Number	7064000045
Book / Page	70646 / 45
Instrument Date	Jun 09, 2026
Transaction Type	Transfer
Record Updated	Jul 07, 2026
Title Company	KVS TITLE LLC, KVS TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$449,450.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	522 PALMTREE DR, GAITHERSBURG, MD 20878-2930

Mortgage

Document Number	7064000055,
Date	Jun 24, 2026
Book Page	70646/55

Lender

Name	CROSSCOUNTRY MORTGAGE

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2056

Interest

Rate	6.36%
Max Rate	-1%

Tax Assessment & Valuation

Source: Montgomery County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Maryland
County	Montgomery County
Municipality	Gaithersburg City
Unified School District	Montgomery County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$331,400 (+4.04%) Land $150,000 Building $181,400	$331,400 (-) Land $150,000 Building $181,400
2025	$4,406.00 (+16.93%)	$318,533 (+8.79%)	$331,400 (+13.18%) Land $150,000 Building $181,400
2023		$292,800 Land $120,000 Building $172,800	$292,800 Land $120,000 Building $172,800
2022	$3,768.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Montgomery County (24031C), updated April 12, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 240317008372, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 1 individual NFIP policies nearby
Nearby Flood Policies	1 in force

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.