12429 Palermo Dr Silver Spring, MD 20904
Estimated Value: $575,000 - $623,000
5
Beds
3
Baths
1,282
Sq Ft
$470/Sq Ft
Est. Value
About This Home
This home is located at 12429 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $602,089, approximately $469 per square foot. 12429 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
Aug 26, 2010
Sold by
Wondimu Yodit
Bought by
Wondimu Yodit
Current Estimated Value
Purchase Details
Closed on
Nov 21, 2008
Sold by
Us Bank National Association
Bought by
Wondimu Yodit
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,506
Interest Rate
6.69%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 15, 2008
Sold by
Us Bank National Association
Bought by
Wondimu Yodit
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,506
Interest Rate
6.69%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 10, 2005
Sold by
Weakley Leonard M and Weakley B S
Bought by
Nhe Buntha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,900
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wondimu Yodit | -- | -- | |
| Wondimu Yodit | $345,000 | -- | |
| Us Bank National Association | $288,100 | -- | |
| Wondimu Yodit | $345,000 | -- | |
| Us Bank National Association | $288,100 | -- | |
| Nhe Buntha | $469,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Us Bank National Association | $340,506 | |
| Previous Owner | Us Bank National Association | $340,506 | |
| Previous Owner | Nhe Buntha | $375,900 | |
| Previous Owner | Nhe Buntha | $93,950 |
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 | $5,488 | $463,233 | -- | -- |
| 2024 | $5,488 | $437,867 | $0 | $0 |
| 2023 | $4,480 | $412,500 | $259,700 | $152,800 |
| 2022 | $4,131 | $400,133 | $0 | $0 |
| 2021 | $3,780 | $387,767 | $0 | $0 |
| 2020 | $3,780 | $375,400 | $259,700 | $115,700 |
| 2019 | $3,694 | $368,933 | $0 | $0 |
| 2018 | $3,622 | $362,467 | $0 | $0 |
| 2017 | $3,622 | $356,000 | $0 | $0 |
| 2016 | $3,550 | $339,533 | $0 | $0 |
| 2015 | $3,550 | $323,067 | $0 | $0 |
| 2014 | $3,550 | $306,600 | $0 | $0 |
Source: Public Records
Map
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