1400 Spring St Silver Spring, MD 20910
Downtown Silver Spring NeighborhoodEstimated Value: $19,040,368
Studio
--
Bath
72,094
Sq Ft
$264/Sq Ft
Est. Value
About This Home
This home is located at 1400 Spring St, Silver Spring, MD 20910 and is currently estimated at $19,040,368, approximately $264 per square foot. 1400 Spring St is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2011
Sold by
Rock Creek 1400 Spring Street Llc
Bought by
1400 Spring Street Llc
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
$5,000,000
Outstanding Balance
$3,443,533
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$15,596,835
Purchase Details
Closed on
Mar 1, 2005
Sold by
Cadles 1400 Spring St Llc
Bought by
Cree Rock
Purchase Details
Closed on
Feb 5, 1999
Sold by
Montgomery Hills Assoc
Bought by
Cadles 1400 Spring St Llc
Purchase Details
Closed on
Feb 18, 1998
Sold by
Clarence D Somers
Bought by
Michael D Merriweather
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1400 Spring Street Llc | $11,500,000 | None Available | |
| Cree Rock | $5,400,000 | -- | |
| Cree Rock | $5,400,000 | -- | |
| Cadles 1400 Spring St Llc | $3,900,000 | -- | |
| Michael D Merriweather | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1400 Spring Street Llc | $5,000,000 |
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 | $79,008 | $5,723,167 | -- | -- |
| 2024 | $79,008 | $6,150,300 | $1,848,300 | $4,302,000 |
| 2023 | $86,018 | $6,757,600 | $1,848,300 | $4,909,300 |
| 2022 | $92,795 | $7,636,100 | $0 | $0 |
| 2021 | $96,281 | $7,500,000 | $1,848,300 | $5,651,700 |
| 2020 | $96,281 | $8,000,000 | $1,848,300 | $6,151,700 |
| 2019 | $96,096 | $8,000,000 | $1,848,300 | $6,151,700 |
| 2018 | $96,256 | $8,000,000 | $1,844,100 | $6,155,900 |
| 2017 | $97,872 | $8,000,000 | $0 | $0 |
| 2016 | $117,842 | $8,000,000 | $0 | $0 |
| 2015 | $117,842 | $9,231,000 | $0 | $0 |
| 2014 | $117,842 | $10,705,833 | $0 | $0 |
Source: Public Records
Map
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