12012 Plum Orchard Dr Silver Spring, MD 20904
Estimated Value: $11,148,617
Studio
--
Bath
36,847
Sq Ft
$303/Sq Ft
Est. Value
About This Home
This home is located at 12012 Plum Orchard Dr, Silver Spring, MD 20904 and is currently estimated at $11,148,617, approximately $302 per square foot. 12012 Plum Orchard Dr is a home located in Montgomery County with nearby schools including Galway Elementary School, Briggs Chaney Middle School, and Paint Branch High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2021
Sold by
Kla Development Portfolio Owner Llc
Bought by
Vip Orchard Center Llc
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
$6,440,000
Outstanding Balance
$5,814,540
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$5,334,077
Purchase Details
Closed on
Jan 22, 2019
Sold by
Tru Trust 2016 Llc
Bought by
Kla Development Portfolio Owner Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 2018
Sold by
Toy S R U S Property Company Ii Lcl
Bought by
Tru Trust 2016 Llc
Purchase Details
Closed on
Aug 23, 2005
Sold by
Baby Superstore Inc
Bought by
Giraffe Properties Llc
Purchase Details
Closed on
Feb 21, 2001
Sold by
Toys R Us & Delaware Inc
Bought by
Baby Superstore Inc
Purchase Details
Closed on
Aug 11, 2000
Sold by
Westfarm Assoc Ltd Ptnshp
Bought by
Toys R Us & Delaware Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vip Orchard Center Llc | $9,000,000 | None Available | |
| Kla Development Portfolio Owner Llc | $4,750,000 | Chicago Title Insurance Co | |
| Tru Trust 2016 Llc | $3,493,405 | Chicago Title Insurance Co | |
| Giraffe Properties Llc | $7,100,000 | -- | |
| Giraffe Properties Llc | $7,100,000 | -- | |
| Baby Superstore Inc | -- | -- | |
| Toys R Us & Delaware Inc | $1,367,890 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vip Orchard Center Llc | $6,440,000 | |
| Previous Owner | Kla Development Portfolio Owner Llc | $65,500,000 |
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 | $98,562 | $8,403,500 | $2,877,500 | $5,526,000 |
| 2024 | $98,562 | $7,321,867 | $0 | $0 |
| 2023 | $85,560 | $6,240,233 | $0 | $0 |
| 2022 | $70,630 | $5,158,600 | $2,877,500 | $2,281,100 |
| 2021 | $70,034 | $5,158,600 | $2,877,500 | $2,281,100 |
| 2020 | $138,722 | $5,158,600 | $2,877,500 | $2,281,100 |
| 2019 | $95,154 | $7,529,000 | $2,877,500 | $4,651,500 |
| 2018 | $95,304 | $7,529,000 | $2,877,500 | $4,651,500 |
| 2017 | $106,885 | $7,529,000 | $0 | $0 |
| 2016 | $86,408 | $8,281,900 | $0 | $0 |
| 2015 | $86,408 | $8,022,833 | $0 | $0 |
| 2014 | $86,408 | $7,763,767 | $0 | $0 |
Source: Public Records
Map
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