1503 Korth Place Silver Spring, MD 20902
Estimated Value: $605,000 - $686,000
Studio
3
Baths
1,674
Sq Ft
$382/Sq Ft
Est. Value
About This Home
This home is located at 1503 Korth Place, Silver Spring, MD 20902 and is currently estimated at $640,231, approximately $382 per square foot. 1503 Korth Place is a home located in Montgomery County with nearby schools including Arcola Elementary School, Odessa Shannon Middle School, and Runestone Regional Learning Center.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2005
Sold by
Overby Richard E
Bought by
Salas Julio G
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
$378,250
Outstanding Balance
$225,068
Interest Rate
7.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$415,163
Purchase Details
Closed on
Apr 20, 2000
Sold by
Overby Richard E
Bought by
Overby Richard E and Overby Mary Odis
Purchase Details
Closed on
May 9, 1996
Sold by
Mckeown Robert L and Mckeown A Mckeown B
Bought by
Overby Richard E
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 |
|---|---|---|---|
| Salas Julio G | $450,000 | -- | |
| Overby Richard E | -- | -- | |
| Overby Richard E | $252,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salas Julio G | $378,250 |
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 | $7,615 | $639,400 | $204,700 | $434,700 |
| 2024 | $7,615 | $586,100 | $0 | $0 |
| 2023 | $7,660 | $532,800 | $0 | $0 |
| 2022 | $5,372 | $479,500 | $204,700 | $274,800 |
| 2021 | $5,153 | $474,700 | $0 | $0 |
| 2020 | $5,153 | $469,900 | $0 | $0 |
| 2019 | $5,062 | $465,100 | $194,700 | $270,400 |
| 2018 | $4,950 | $457,000 | $0 | $0 |
| 2017 | $4,939 | $448,900 | $0 | $0 |
| 2016 | -- | $440,800 | $0 | $0 |
| 2015 | $4,339 | $436,667 | $0 | $0 |
| 2014 | $4,339 | $432,533 | $0 | $0 |
Source: Public Records
Map
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