NOT LISTED FOR SALE

12416 Palermo Dr Silver Spring, MD 20904

Estimated Value: $488,000 - $598,000

4 Beds
3 Baths
1,250 Sq Ft
$446/Sq Ft Est. Value

About This Home

This home is located at 12416 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $558,005, approximately $446 per square foot. 12416 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
Sep 13, 2024
Sold by
Isaac-Elder Sean and Cox Junior
Bought by
Pat Alexander Elder Living Trust and Richards
Current Estimated Value
$558,005

Purchase Details

Closed on
Dec 22, 2010
Sold by
Us Bank National Assoc
Bought by
Elder Pat

Purchase Details

Closed on
Jun 25, 2010
Sold by
Sumah Sherifatu
Bought by
Us Bank National Assoc

Purchase Details

Closed on
Mar 29, 2005
Sold by
Song Sarah
Bought by
Sumah Sherifatu

Purchase Details

Closed on
Mar 1, 2005
Sold by
Song Sarah
Bought by
Sumah Sherifatu

Purchase Details

Closed on
Jan 21, 1999
Sold by
Su H H and Su Song S
Bought by
Song Sarah
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pat Alexander Elder Living Trust -- None Listed On Document
Elder Pat $236,000 --
Us Bank National Assoc $263,192 --
Sumah Sherifatu $417,000 --
Sumah Sherifatu $417,000 --
Song Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder Pat $249,999
Previous Owner Sumah Sherifatu $343,500
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
2025 $5,343 $457,700 -- --
2024 $5,343 $425,300 $0 $0
2023 $4,254 $392,900 $270,700 $122,200
2022 $3,906 $379,733 $0 $0
2021 $3,537 $366,567 $0 $0
2020 $3,537 $353,400 $270,700 $82,700
2019 $3,522 $353,400 $270,700 $82,700
2018 $3,521 $353,400 $270,700 $82,700
2017 $3,801 $371,900 $0 $0
2016 $3,439 $350,533 $0 $0
2015 $3,439 $329,167 $0 $0
2014 $3,439 $307,800 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20904

12416 Palermo Dr, Silver Spring, MD

This home is located at 12416 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $558,005, approximately $446 per square foot. 12416 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes