540 Palmtree Dr, Gaithersburg, MD 20878 Property Records

Montgomery County property record for 540 Palmtree Dr, Gaithersburg, MD 20878 · Last verified August 2026

Property Highlights

Property Type	Residential > Condominium / Townhouse > Townhouse
Bathrooms	2.5 Baths
Architecture Style	Townhouse
Year Built	Built 1986
Square Footage	1,582 sqft Living Area
Lot Size	1,200 sqft (0.028 acres)
Last Sale	$350,000 (2007)
Tax Bill	$4,493.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`09-02435375`
Alternative APN	`02435375`

Interior

Full Baths	2.5 Baths
Partial Baths	1 Partial Baths
Building Area	1,582 sqft Living Area
1st Floor	542 sqft 1st Floor
Stories	3 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

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

Utilities and HVAC

Cooling System	Central Cooling
Heating System	HVAC Heating
Sewage	Municipal Sewage

Location & Zoning

Account Number	02435375
Street Address	540 PALMTREE DR
City	GAITHERSBURG
State	MD
Zip	20878-2930
Property Usage	Residential Property Usage
Type	Residential > Condominium / Townhouse > Townhouse
Legal Description	PARK SUMMIT
Legal Subdivision	PARK SUMMIT
Legal Block	C
Legal Lot Number	39
Jurisdiction	MONTGOMERY MD
Minor Civil Division	9
Census Blockgroup	2
Census Block	2003
Census Tract	700837

Owner

Source: Montgomery County records · APN 09-02435375

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	Company Name on File
Mailing Address	1539 WELLINGHAM CT, VIENNA, VA 22182-1758
Owner Type	Owner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Aug 15, 2007 · Amount on Record
Deed Sale	Aug 15, 2007 · Amount on Record
Prior Sale	Jun 19, 1996 · Amount on Record
Deed Doc Number	200783158
Record Refreshed	Sep 20, 2026

March 2024: Deed, Transfer

Document Type	Deed
Jurisdiction	MONTGOMERY MD
Recording Date	Mar 04, 2024
Property Address	540 PALMTREE DR, GAITHERSBURG, MD 20878-2930
Document Number	0677950369
Book / Page	67795 / 369
Map Reference	MB 129 PL 14981
Instrument Date	Jan 03, 2024
Transaction Type	Transfer
Record Updated	May 07, 2024

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Lis Pendens Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1539 WELLINGHAM CT, VIENNA, VA 22182-1758

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		$338,200 (+4%) Land $150,000 Building $188,200	$338,200 (-) Land $150,000 Building $188,200
2025	$4,493.00 (+16.85%)	$325,200 (+8.69%)	$338,200 (+13.03%) Land $150,000 Building $188,200
2023		$299,200 Land $120,000 Building $179,200	$299,200 Land $120,000 Building $179,200
2022	$3,845.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Montgomery County (24031C), updated April 12, 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
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

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; lenders make the official flood determination.