NOT LISTED FOR SALE

12012 Plum Orchard Dr Silver Spring, MD 20904

Estimated Value: $11,076,298

-- Bed
-- Bath
36,847 Sq Ft
$301/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 $11,076,298, approximately $300 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
$11,076,298

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
$5,864,686
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$5,211,612

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Previous Owner Toys R Us Property Company Ii Llc $512,000,000
Source: Public Records

Tax History Compared to Growth

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
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

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