NOT LISTED FOR SALE

12509 Palermo Dr Silver Spring, MD 20904

Estimated Value: $507,000 - $630,792

-- Bed
3 Baths
1,282 Sq Ft
$444/Sq Ft Est. Value

About This Home

This home is located at 12509 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $568,896, approximately $443 per square foot. 12509 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 12, 2005
Sold by
David Stephen T and David Lorrene L
Bought by
Joyner Mckinley C 3Rd
Current Estimated Value
$568,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
9.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2005
Sold by
David Stephen T and David Lorrene L
Bought by
Joyner Mckinley C 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
9.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2001
Sold by
David John M and David A M
Bought by
David Stephen T and David Lorrene L
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Joyner Mckinley C 3Rd $450,000 --
Joyner Mckinley C 3Rd $450,000 --
David Stephen T $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compass Inc $5,200,452
Closed Joyner Mckinley C 3Rd $382,500
Closed Joyner Mckinley C 3Rd $382,500
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 $418 $438,900 -- --
2024 $418 $415,200 $0 $0
2023 $392 $391,500 $249,000 $142,500
2022 $382 $379,967 $0 $0
2021 $307 $368,433 $0 $0
2020 $307 $356,900 $249,000 $107,900
2019 $295 $351,567 $0 $0
2018 $309 $346,233 $0 $0
2017 $300 $340,900 $0 $0
2016 -- $324,733 $0 $0
2015 $4,102 $308,567 $0 $0
2014 $4,102 $292,400 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20904

12509 Palermo Dr, Silver Spring, MD

This home is located at 12509 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $568,896, approximately $443 per square foot. 12509 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.

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