11516 Parsippany Ter, Gaithersburg — tax account 160602516120

Single-family house built in 1986, 2,420 ft² on 0.29 acres in Gaithersburg, Montgomery County, assessed at $950,500; last transfer March 17, 2026 for $675,000.

From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.

Account

Tax account number	160602516120
Map, grid, parcel	Map FR12 · Block C Lot 7
Location	11516 Parsippany Ter, Gaithersburg MD 20878
Jurisdiction	Montgomery County
Subdivision	Dufief Mill Estates

Land

Land use	Residential (R)
Zoning	R200
Acreage	0.286 acres (12,458 ft²)

Structure

Year built	1986
Above-grade area	2,420 ft²
Style	2 Story With Basement
Building type	Standard Unit
Construction	Frame
Quality grade	4 (on a scale of 1 to 9)

Assessment — October 2024

Land	$358,700
Improvements	$591,800
Total	$950,500

Last transfer

Date	March 17, 2026
Consideration	$675,000
Deed reference	liber 19879, folio 0691

What this means

Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
Assessed 52% above the median residential account in Montgomery County ($623,400, 248,486 accounts).
The last transfer price is 29% below the current assessment.

Parcel point of the Maryland Department of Planning — not a survey.

Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.

First page of a sample Maryland Property Report

The report for account 160602516120

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