12510 Prosperity Dr Silver Spring, MD 20904
Studio
--
Bath
51,024
Sq Ft
2.91
Acres
About This Home
This home is located at 12510 Prosperity Dr, Silver Spring, MD 20904. 12510 Prosperity 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
Oct 22, 2024
Sold by
Ip Dsc Moco Meadows Llc
Bought by
Ip Dsc Moco Office Llc
Purchase Details
Closed on
Oct 8, 2019
Sold by
Psb Meadows Llc
Bought by
Ip Dsc Moco Meadows Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,950,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 21, 2006
Sold by
Rt 29 Investors Llc
Bought by
Psb Meadows Llc
Purchase Details
Closed on
Jun 29, 2006
Sold by
Rt 29 Investors Llc
Bought by
Psb Meadows Llc
Purchase Details
Closed on
Oct 17, 2001
Sold by
Meadows I L L C
Bought by
Rt 29 Investors Llc
Purchase Details
Closed on
Jun 9, 1998
Sold by
Meadows Corp Park Ltd Ptnshp
Bought by
Meadows I L L C
Purchase Details
Closed on
Apr 18, 1994
Sold by
Mfrs Life Ins Co
Bought by
Meadows Cp Pk Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
7.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 29, 1993
Sold by
Randolph Pk Asoc Ii
Bought by
Manufacturers Lic
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ip Dsc Moco Office Llc | -- | Terra Nova Title | |
| Ip Dsc Moco Office Llc | -- | Terra Nova Title | |
| Ip Dsc Moco Meadows Llc | $15,900,000 | Terra Nova Ttl & Setmnt Svcs | |
| Psb Meadows Llc | $28,900,000 | -- | |
| Psb Meadows Llc | $28,900,000 | -- | |
| Rt 29 Investors Llc | $21,902,218 | -- | |
| Meadows I L L C | $4,750,000 | -- | |
| Meadows Cp Pk Lp | $6,300,000 | -- | |
| Manufacturers Lic | $2,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ip Dsc Moco Meadows Llc | $137,950,000 | |
| Previous Owner | Manufacturers Lic | $4,095,000 |
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 | $63,600 | $4,574,100 | $2,279,900 | $2,294,200 |
| 2024 | $63,600 | $4,843,967 | -- | -- |
| 2023 | $57,571 | $4,348,533 | $0 | $0 |
| 2022 | $49,962 | $3,853,100 | $2,279,900 | $1,573,200 |
| 2021 | $49,619 | $3,853,100 | $2,279,900 | $1,573,200 |
| 2020 | $49,263 | $3,853,100 | $2,279,900 | $1,573,200 |
| 2019 | $52,891 | $4,200,000 | $2,279,900 | $1,920,100 |
| 2018 | $52,975 | $4,200,000 | $2,279,900 | $1,920,100 |
| 2017 | $81,032 | $4,200,000 | $0 | $0 |
| 2016 | $72,607 | $6,500,000 | $0 | $0 |
| 2015 | $72,607 | $6,433,333 | $0 | $0 |
| 2014 | $72,607 | $6,622,100 | $0 | $0 |
Source: Public Records
Map
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