NOT LISTED FOR SALE

1400 Spring St Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $19,009,060

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 $19,009,060, approximately $263 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
$19,009,060

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
$15,565,527

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
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 Compared to Growth

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

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1400 Spring St, Silver Spring, MD

Not Listed for Sale

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