12806 Penny Ln Silver Spring, MD 20904
Estimated Value: $863,000 - $980,000
            
                4
                Beds
            
            
            
                5
                Baths
            
            
            
                4,200
                Sq Ft
            
            
                
                    $219/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 12806 Penny Ln, Silver Spring, MD 20904 and is currently estimated at $919,105, approximately $218 per square foot. 12806 Penny Ln 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
            
            
                Dec 22, 2008
            
        
                Sold by
            
            
                Richmond American Homes Of
            
        
                Bought by
            
            
                Shah Umit N
            
        
                            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
            
            
                $504,000
            
        
                Outstanding Balance
            
            
                $332,202
            
        
                Interest Rate
            
            
                6.08%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $586,903
            
        Purchase Details
                Closed on
            
            
                Dec 19, 2008
            
        
                Sold by
            
            
                Richmond American Homes Of
            
        
                Bought by
            
            
                Shah Umit N
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $504,000
            
        
                Outstanding Balance
            
            
                $332,202
            
        
                Interest Rate
            
            
                6.08%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $586,903
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Shah Umit N | $630,000 | -- | |
| Shah Umit N | $630,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Shah Umit N | $504,000 | |
| Closed | Shah Umit N | $504,000 | 
                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 | $8,602 | $771,867 | -- | -- | 
| 2024 | $8,602 | $702,433 | $0 | $0 | 
| 2023 | $7,084 | $633,000 | $204,300 | $428,700 | 
| 2022 | $6,761 | $633,000 | $204,300 | $428,700 | 
| 2021 | $7,390 | $633,000 | $204,300 | $428,700 | 
| 2020 | $7,390 | $697,800 | $204,300 | $493,500 | 
| 2019 | $7,002 | $664,200 | $0 | $0 | 
| 2018 | $6,966 | $630,600 | $0 | $0 | 
| 2017 | $6,385 | $597,000 | $0 | $0 | 
| 2016 | $6,466 | $593,367 | $0 | $0 | 
| 2015 | $6,466 | $589,733 | $0 | $0 | 
| 2014 | $6,466 | $586,100 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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