12416 Palermo Dr Silver Spring, MD 20904
Estimated Value: $429,000 - $589,000
4
Beds
3
Baths
1,250
Sq Ft
$414/Sq Ft
Est. Value
About This Home
This home is located at 12416 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $516,975, approximately $413 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
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
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Home Values in the Area
Average Home Value in this Area
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
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 | $5,343 | $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
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