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481 Phelps Street

Gaithersburg, MD 20878

3 beds
4 baths
2,754 sqft
2,625 sqft lot
$303 per sqft
2001 build

Discover the perfect blend of elegance, comfort, and convenience in this stunning brick-front and side end-unit Tarquin Model townhouse, ideally situated in the highly desirable Lakelands community. From the moment you step into the welcoming tiled foyer with a convenient guest closet, you’ll be impressed by the thoughtful design and sophisticated details throughout. The main level boasts beautifully finished hardwood floors in the living and dining areas. The living room is bathed in natural light from its front and side windows, complemented by crown molding and recessed lighting. The adjacent dining room features a tray ceiling, crown and chair rail molding, a side window, and wall sconces, creating an elegant space for entertaining. The gourmet kitchen is a chef’s dream with granite countertops, a center island, ceramic tile flooring, and a stylish tile backsplash. Stainless steel appliances include a French door refrigerator with an ice and water dispenser, a built-in microwave, a dishwasher, and an electric range. A large double-door pantry offers excellent storage. The adjoining family room provides a cozy space with ceramic tile flooring, a gas fireplace with eyeball lighting, and a French door leading to the private deck and patio—ideal for outdoor relaxation or entertaining. A conveniently located powder room with ceramic tile flooring, a vanity, and a Toto® toilet completes the main level. The upper level features a spacious owner’s suite designed to impress with hardwood floors, a tray ceiling, recessed lighting, a ceiling fan with a light, and built-in reading lights. Large windows flood the room with natural light, while two walk-in closets provide ample storage. The private en-suite bath has been offers a luxurious retreat with ceramic tile flooring, a double vanity with granite countertops, a soaking tub, a separate shower, and a vaulted ceiling. Two additional bedrooms feature ceiling fans with lights, spacious closets, and easy access to the hall bathroom, which includes ceramic tile flooring, a single vanity with granite counter, and a tub/shower combination. Both upper level bathrooms have been beautifully remodeled! The fully finished basement adds incredible versatility to the home, offering a large recreation room, a home office, and a guest area/gym with French doors. Brand-new carpet throughout the basement adds a fresh touch, while the full bathroom features new luxury vinyl flooring, a pedestal sink, and a shower/bathtub combination. A spacious laundry room with a full-size washer and steam dryer, along with a dedicated storage room, ensures practicality and convenience. The outdoor space includes a private deck and patio in the rear yard, perfect for entertaining or enjoying quiet evenings. The detached 2-car garage provides secure parking and includes two overhead storage shelves for added functionality. Located just steps from the best of Lakelands and Kentlands, this home offers unparalleled convenience. Walk to Kentlands Town Center for shopping, dining, and entertainment, or enjoy the amenities of the Lakelands Clubhouse, including a pool, fitness center, and community events. Nearby parks, trails, and Lakelands Park Middle School further enhance the appeal of this exceptional location. This end-unit townhouse is a rare find, combining luxurious features, thoughtful design, and an unbeatable location. Don’t miss your chance to call this incredible property home—schedule your tour today!

Listing courtesy of BRIGHT / RLAH @properties

Last checked: Checking… • Last updated Jan 24, 2025 •

MLS# MDMC2162686 —

The Building

Year Built:

2001
Year Built Source:

Assessor
Roof:

Architectural Shingle
New Construction:

No
Construction Materials:

Brick, Vinyl Siding
Structure Type:

End of Row/Townhouse
Architectural Style:

Colonial
Levels:

3
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Fully Finished
Total SqFt Source:

Assessor
Total Below Grade SqFt:

952
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1904
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Finished SqFt:

850
Below Grade Unfinished SqFt:

102
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

2754

Interior

Interior Features:

Bathroom - Walk-In Shower, Bathroom - Soaking Tub, Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
Fireplace:

Yes
Fireplaces:

1
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2856
Living Area SqFt:

2,754 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Negotiable, Seller Rent Back

Location

Directions:

see map
Latitude:

39.11698000
Longitude:

-77.23129000

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

0.06
Lot Size Source:

Assessor
Lot SqFt:

2,625 Sqft
Zoning:

MXD
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

160903320678
Tax Year:

2024
Tax Lot:

39
Tax Annual Amount:

$9,350
Tax Assessed Value:

$697,767
Year Assessed:

2024
County Tax:

7253.00
City/Town Tax:

1828.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

3
Upper Level Bedrooms:

3
Upper Level 1 Bedrooms:

3

Baths

Total Baths:

4
Full Baths:

3
Half Baths:

1
Main Level Baths:

1.00
Main Level Half Baths:

1
Upper Level Full Baths:

2
Lower Level Full Baths:

1
Upper Level Total Baths:

2
Upper Level Total Baths:

2.00
All Lower Levels Total Baths:

1
Lower Level Total Baths:

1.00
Upper Level Full Baths:

2
Lower Level Full Baths:

1

Heating & Cooling

Cooling Type:

Central A/C, Ceiling Fan(s)
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air, Heat Pump(s)
Heating Fuel:

Natural Gas, Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

Elementary School:

Rachel Carson
Middle School:

Lakelands Park
High School:

QUINCE ORCHARD
School District Name:

Montgomery County Public Schools
School District Source:

3rd Party

The Community

Subdivision Name:

Lakelands
Senior Community:

No
Pool:

Yes - Community
HOA:

Yes
Condo/Coop Association:

No
HOA Fee:

$135
HOA Fee Frequency:

Monthly
HOA/Condo/Coop Fee:

Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Trash

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Garage - Rear Entry
Garage Spaces:

2.00
Type of Parking:

Detached Garage
# of Detached Garage Spaces:

2

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$835,000

Expense	Monthly cost
Mortgage	$4,471
Taxes	$779
Insurance	$229
Utilities	$167 See report
Total	$5,646/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
1/23/25 Jan 23, 2025	Pending	BRIGHT	$835,000
1/21/25 Jan 21, 2025	Listed / Active	BRIGHT	$835,000

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This townhouse located in Gaithersburg, MD 20878 is currently pending sale for $835,000. 481 Phelps Street is a 2,754 square foot townhouse with 3 beds and 4 baths. This townhouse is in the attendance area of Quince Orchard High School, Rachel Carson Elementary School, and Lakelands Park Middle School.

Listing Courtesy of: BRIGHT and RLAH @properties.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.