118 Spring St Gaithersburg, MD 20877
Estimated Value: $391,000 - $458,000
Studio
2
Baths
912
Sq Ft
$475/Sq Ft
Est. Value
About This Home
This home is located at 118 Spring St, Gaithersburg, MD 20877 and is currently estimated at $433,072, approximately $474 per square foot. 118 Spring St is a home located in Montgomery County with nearby schools including Forest Oak Middle School, Gaithersburg High School, and St Martin Of Tours School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2008
Sold by
Velis Nelson E
Bought by
Velis Nelson E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$191,079
Interest Rate
5.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$241,993
Purchase Details
Closed on
Apr 15, 2008
Sold by
Velis Nelson E
Bought by
Velis Nelson E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$191,079
Interest Rate
5.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$241,993
Purchase Details
Closed on
Jan 27, 2003
Sold by
Schueller Keith and Schueller M
Bought by
Velis Nelson E
Purchase Details
Closed on
Sep 15, 1999
Sold by
Roe Sidney L and Roe M J
Bought by
Schueller Keith and Schueller M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velis Nelson E | -- | -- | |
| Velis Nelson E | -- | -- | |
| Velis Nelson E | $250,000 | -- | |
| Schueller Keith | $169,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velis Nelson E | $300,000 | |
| Closed | Velis Nelson E | $300,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,229 | $381,333 | -- | -- |
| 2024 | $5,229 | $363,767 | $0 | $0 |
| 2023 | $5,660 | $346,200 | $160,500 | $185,700 |
| 2022 | $3,961 | $329,933 | $0 | $0 |
| 2021 | $3,544 | $313,667 | $0 | $0 |
| 2020 | $3,544 | $297,400 | $146,200 | $151,200 |
| 2019 | $3,523 | $297,400 | $146,200 | $151,200 |
| 2018 | $3,504 | $297,400 | $146,200 | $151,200 |
| 2017 | $3,566 | $300,300 | $0 | $0 |
| 2016 | $3,512 | $287,767 | $0 | $0 |
| 2015 | $3,512 | $275,233 | $0 | $0 |
| 2014 | $3,512 | $262,700 | $0 | $0 |
Source: Public Records
Map
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