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542 Market St E , Gaithersburg, MD 20878
$874,900
Est. Payment: $4,804.16/mo
3 Bed
4 Bath
3100 Sqft
0.04 Acres
Status: active under contract | Days on site: 26
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TTRS13 - 3371013
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House Description

A gorgeous townhome that lives like a single-family home. This updated Tarquin townhome in the Lakelands has 3 bedrooms plus 3 bonus rooms across four finished levels, with 2 full and 2 half baths and a detached 2-car garage. The big-ticket updates are already done. Main level: The hardwood floors were refinished with a custom stain in 2025. The rooms are bright, with crown molding, columns, wainscoting, and tray ceilings. The family room has a gas fireplace and opens to the eat-in kitchen, which has an island, granite counters, 42" white cabinets, a gas cooktop, a wall oven, and a pantry. Stainless appliances include a new LG refrigerator (2025) and a Bosch dishwasher (2021). A formal dining room gives you a separate space for dinners and holidays. Bedroom level: The primary suite has two walk-in closets and a bath with a soaking tub, a frameless glass shower, and a double vanity. Two more bedrooms and a full hall bath complete this level. New carpet was installed in 2024. Top-floor loft: This private level has vaulted ceilings, a dormer window, a ceiling fan, luxury vinyl plank flooring, a full wardrobe, and attic storage behind its own door. It’s currently used as a bedroom. Frame a wall along the stair railing and add a door, with permits, and it becomes a fully enclosed 4th bedroom on its own floor. Lower level: Two private bonus rooms, each with a door, plus a half bath and laundry. One is set up as a guest room with a queen bed and a ceiling fan. The other works as a home office, gym, or den. Recent improvements: Nine new Vytex Fortis windows (2023) Upper-zone Bryant heat pump (2022) About $15K in custom built-ins and closet systems Garage with professional epoxy floor and full slat-wall storage (about $3,000) Outside, the deck is set up for morning coffee or evening grilling. Lakelands amenities include pools, a clubhouse, fitness facilities, tennis and basketball courts, and playgrounds. The seller is offering a $10K incentive toward an interest rate buydown to help lower your monthly payment.

Highlights

Listed by Tina Nader , 3016334309 TTR Sotheby's International Realty , 3016153000. Bright MLS

Property Type

Townhome

Lot/Acreage
0.04

HOA Fee

135 Monthly

Year Built

2003

County

Montgomery

Neighborhood

Lakelands

School District

Montgomery County Public Schools

Listing ID

MDMC2258146

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:2
Appliances:Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Floor:Ceramic Tile,Hardwood,Carpet
Above Ground Sq Ft:2400
Below Ground Sq Ft:700
Basement:Fully Finished,Improved,Sump Pump
Other:
  • ▪ Additional:Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:2
Zoning:MXD
Roof:Asphalt
Others:
  • ▪ Additional:Excellent, Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Lake, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
Sewer:Public Sewer
Parking Features:Garage Door Opener,Detached Garage,On Street,2+ Spaces,1+ Spaces
Principal Interest
$4,804
Taxes
$748
HOA
$135

Home Price

$874,900

Loan Details

30 yrs
7.312%

Down Payment

20%
$174,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,804.16

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,804.16 $747.67 $135.00 $5,686.82
Yearly $57,649.89 $8,972.00 $1,620.00 $68,241.89
Total $1,729,496.60 $269,160.00 $48,600.00 $2,047,256.60
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Gaithersburg, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-14T03:13:49.000Z

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