NOT LISTED FOR SALE

12509 Palermo Dr Silver Spring, MD 20904

Estimated Value: $598,312 - $613,000

Studio
3 Baths
1,282 Sq Ft
$472/Sq Ft Est. Value

About This Home

This home is located at 12509 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $605,656, approximately $472 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by
Current Estimated Value
$605,656

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
Outstanding Balance
$253,468
Interest Rate
9.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$352,188

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bought by

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
Outstanding Balance
$253,468
Interest Rate
9.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$352,188

Purchase Details

Closed on
May 16, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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.

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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.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 --
$450,000 --
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,500
Closed $382,500
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $503 $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

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.

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