12509 Palermo Dr Silver Spring, MD 20904
Estimated Value: $481,000 - $600,317
Studio
3
Baths
1,282
Sq Ft
$422/Sq Ft
Est. Value
About This Home
This home is located at 12509 Palermo Dr, Silver Spring, MD 20904 and is currently estimated at $540,659, approximately $421 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
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
$287,191
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
Outstanding Balance
$253,468
Interest Rate
9.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$287,191
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
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Home Values in the Area
Average Home Value in this Area
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 | Joyner Mckinley C 3Rd | $382,500 | |
| Closed | Joyner Mckinley C 3Rd | $382,500 |
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
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