583 Market St E, Gaithersburg, MD 20878 Property Records

Montgomery County property record for 583 Market St E, Gaithersburg, MD 20878

Property Summary

Property Type	Townhouse
Details	3.5 ba · 2,376 sqft · built 2002
Lot Size	0.036 acres (1,563 sqft)
Owner	Individual Name on File
Last Sale	$715,000 (Sep 2023)
Tax Bill	$8,758 (2025)
Deeds & Mortgages	Mar 2026 Mortgage Sep 2023 Sale & Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`09-03324767`

Property Details

APN / Parcel Number

Primary APN	`09-03324767`
Alternative APNs	`903324767` `03324767`

Interior

Full Baths	3.5 Baths
Half Baths	1 Half Bath
Stories	3 Stories
Building Area	2,376 sqft Living Area
Gross Area	2,756 sqft
1st Floor Area	800 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2002
Architectural Style	Townhouse
Exterior Material	Siding
Roof Material	Composition Shingle
Lot Area	1,563 sqft (0.036 acres)
Garage Type	Attached
Garage Area	380 sqft
Parking Spaces	1 Parking Space

Exterior Amenities

Porch	Open Porch
Porch Area	24 sqft
Deck Area	240 sqft
Balcony Area	266 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Account Number	03324767
Street Address	583 MARKET ST E
City	GAITHERSBURG
State	MD
Zip	20878-6503
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Local Zoning Code	MXD
Legal Description	LAKELANDS PH 2 SEC 2
Legal Subdivision	LAKELANDS
Legal Phase	2
Legal Block	GG
Legal Lot Number	21
Jurisdiction	MONTGOMERY MD
Township / Civil Division	9
Census Block Group	4
Census Block	4034
Census Tract	700826

Owner

583 Market St E, a townhouse, is owned and occupied by an individual who bought it in September 2023.

Source: Montgomery County records, as of August 17, 2026

Owner of Record	Individual Name on File
Mailing Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Surviving Spouse

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 26, 2026	Deed of Trust, Mortgage · Conventional Mortgage ATLANTIC COAST MORTGAGE
Sep 21, 2023	Deed, Transfer · Conventional Mortgage ATLANTIC COAST MORTGAGE
Jan 14, 2020	Deed of Trust, Mortgage · Conventional Mortgage MANUFACTURERS & TRADERS TRUST CO
Sep 11, 2020	Deed of Trust, Mortgage · Conventional Mortgage M & T BANK
Nov 20, 2020	Deed of Trust, Mortgage · Conventional Mortgage MANUFACTURERS & TRADERS TR

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 21, 2023 · Amount on File
Deed Sale	Sep 21, 2023 · Amount on File
Prior Sale	Sep 14, 2012 · Amount on File
Deed Book / Page	67389 / 12
Record Updated	Sep 20, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY MD
Property Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Transaction Type	Mortgage
Record Updated	Apr 9, 2026
Title Company	ACM TITLE LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503

Mortgage

Document Number	0702890291
Date	Mar 26, 2026
Book Page	70289/291

Lender

Name	ATLANTIC COAST MORTGAGE
Type	Mortgage Company
Address	FAIRFAX, VA 22030

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2056

September 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	MONTGOMERY MD
Recording Date	Sep 21, 2023
Property Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Document Number	0673890012
Book / Page	67389 / 12
Map Reference	PL 21742
Instrument Date	Sep 20, 2023
Transaction Type	Transfer
Record Updated	Oct 5, 2023
Title Company	FEDERAL TITLE, FEDERAL TITLE & ESCROW CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,787.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Severalty
Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503

Mortgage

Document Number	0006738919
Date	Sep 21, 2023
Instrument	67389/19

Lender

Name	ATLANTIC COAST MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Oct 1, 2053

January 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY MD
Property Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Transaction Type	Mortgage
Record Updated	Aug 11, 2022
Title Company	EXCALIBUR TITLE & ESCROW LLC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0588660474
Date	Jan 14, 2020
Book Page	58866/474

Lender

Name	MANUFACTURERS & TRADERS TRUST CO
Type	Bank
Address	BUFFALO, NY 14203

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	359 Months
Due	Dec 1, 2049

September 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY MD
Property Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Transaction Type	Mortgage
Record Updated	Aug 11, 2022
Title Company	EXCALIBUR T&E LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503

Mortgage

Document Number	0604920416
Date	Sep 11, 2020
Book Page	60492/416

Lender

Name	M & T BANK
Type	Bank
Address	BUFFALO, NY 14203

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Sep 1, 2050

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONTGOMERY MD
Property Address	583 MARKET ST E, GAITHERSBURG, MD 20878-6503
Document Number	0613670337
Instrument Date	Nov 20, 2020
Transaction Type	Mortgage
Record Updated	Jan 18, 2021
Title Company	TITLE365 - OMAHA

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	583 MARKET ST E GAITHERSBURG MD 208786503, GAITHERSBURG, MD 20878-6503

Mortgage

Document Number	0613670337
Date	Dec 15, 2020
Book Page	061367/000337

Lender

Name	MANUFACTURERS & TRADERS TR
Address	BUFFALO, 14203

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 583 Market St E was $8,758, up 9.3% from the year before.

Source: Montgomery County assessment roll, as of August 17, 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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$703,900 (+8.19%) Land $300,000 Building $403,900	$703,900 (-) Land $300,000 Building $403,900
2025	$8,758.00 (+9.32%)	$650,633	$703,900 Land $300,000 Building $403,900
2024	$8,011.00
2023		$544,100 Land $300,000 Building $244,100	$544,100 Land $300,000 Building $244,100
2022	$6,341.00

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

Flood

FEMA maps place 583 Market St E in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

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.

Wildfire

The area around 583 Market St E has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	WASHINGTON SUBURBAN SANITARY COMMISSION serves 1,900,000 people · EPA ID MD0150005
Water Source	Surface water
Last State Inspection	May 2025
Lead	Under 1 ppb (2018–2020) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 864 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Xfinity Cable	2,000 / 2,000
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband.

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