12408 Palermo Dr Silver Spring, MD 20904
Estimated Value: $524,000 - $660,000
Studio
3
Baths
1,642
Sq Ft
$362/Sq Ft
Est. Value
About This Home
This home is located at 12408 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $593,600, approximately $361 per square foot. 12408 Palermo 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
Feb 9, 2006
Sold by
Milne David T and Milne E R
Bought by
Flores Juan A
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
$329,900
Outstanding Balance
$187,257
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,343
Purchase Details
Closed on
Jan 13, 2006
Sold by
Milne David T and Milne E R
Bought by
Flores Juan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,900
Outstanding Balance
$187,257
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,343
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flores Juan A | $439,900 | -- | |
| Flores Juan A | $439,900 | -- | |
| Flores Juan A | $439,900 | -- | |
| Flores Juan A | $439,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flores Juan A | $329,900 | |
| Closed | Flores Juan A | $329,900 | |
| Closed | Flores Juan A | $329,900 |
Source: Public Records
Tax History Compared to Growth
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 | $5,862 | $512,200 | -- | -- |
| 2024 | $5,862 | $470,300 | $0 | $0 |
| 2023 | $6,047 | $428,400 | $270,200 | $158,200 |
| 2022 | $4,254 | $411,300 | $0 | $0 |
| 2021 | $3,799 | $394,200 | $0 | $0 |
| 2020 | $3,799 | $377,100 | $270,200 | $106,900 |
| 2019 | $3,784 | $377,100 | $270,200 | $106,900 |
| 2018 | $3,783 | $377,100 | $270,200 | $106,900 |
| 2017 | $4,132 | $401,300 | $0 | $0 |
| 2016 | $3,680 | $376,767 | $0 | $0 |
| 2015 | $3,680 | $352,233 | $0 | $0 |
| 2014 | $3,680 | $327,700 | $0 | $0 |
Source: Public Records
Map
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