HomeMaryland Closing Costs540 Palmtree Dr
Active Listing · Gaithersburg, MD

540 Palmtree Dr, Gaithersburg, MD 20878

$400,000Listing Price
🎓Quince Orchard High · Montgomery County Public Schools
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3 bd2.5 ba1,582 sqftTownhouseBuilt 19861,200 sqft lot57 days on marketHOA $110/mo

Estimated Closing Costs

Based on the list price of $400,000. Actual costs may vary. Listing data last observed September 11, 2026.

Buyer Closing Costs
$4,890
(1.2%)
Seller Closing Costs
$3,850
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$4,560$2,000
Recording Fees (Deed)$130
Owner's Title Insurance$1,850
Lender's Title Insurance$200
Total$4,890$3,850

Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.

Listed By
Lixin Yin
Libra Realty Llc
MLS (BrightMLS) #MDMC2244124
3019725588peter@librarealty.com

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Frequently Asked Questions

How much are closing costs for 540 Palmtree Dr, Gaithersburg, MD 20878?

Based on the list price of $400,000, estimated buyer closing costs for 540 Palmtree Dr, Gaithersburg, MD 20878 are $4,890 (1.2% of purchase price). Seller closing costs are estimated at $3,850. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Gaithersburg, MD?

Transfer taxes in Gaithersburg, MD are assessed at the state and local level. For 540 Palmtree Dr, Gaithersburg, MD 20878 at $400,000, the combined transfer tax estimate is $6,560. Rates vary by jurisdiction — the MyClosingCost.com engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 540 Palmtree Dr, Gaithersburg, MD 20878, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.

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Maryland Closing Cost Guide