NOT LISTED FOR SALE

12510 Prosperity Dr Silver Spring, MD 20904

Studio
-- Bath
51,024 Sq Ft
126,672 Sq Ft

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
Source: Public Records
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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
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

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

Maryland Montgomery County Silver Spring 20904

12510 Prosperity Dr, Silver Spring, MD

Not Listed for Sale

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