16012 Narrows Terrace Silver Spring, MD 20906
Longmead Crossing NeighborhoodEstimated Value: $823,581 - $986,000
Studio
4
Baths
3,400
Sq Ft
$266/Sq Ft
Est. Value
About This Home
This home is located at 16012 Narrows Terrace, Silver Spring, MD 20906 and is currently estimated at $905,645, approximately $266 per square foot. 16012 Narrows Terrace is a home located in Montgomery County with nearby schools including North Aurelius Elementary School, Stonegate Elementary School, and William H. Farquhar Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 1995
Sold by
Chevy Chase Bank Fsb
Bought by
Flores Roberto E
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
$180,000
Interest Rate
8.33%
Purchase Details
Closed on
Jan 11, 1995
Sold by
Prensky David N Te
Bought by
Chevy Chase Svgs Bk
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flores Roberto E | $232,000 | -- | |
| Chevy Chase Svgs Bk | $85,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Chevy Chase Svgs Bk | $180,000 |
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 | $8,682 | $742,800 | $178,300 | $564,500 |
| 2024 | $8,682 | $703,433 | $0 | $0 |
| 2023 | $7,505 | $664,067 | $0 | $0 |
| 2022 | $6,729 | $624,700 | $178,300 | $446,400 |
| 2021 | $6,265 | $607,800 | $0 | $0 |
| 2020 | $6,265 | $590,900 | $0 | $0 |
| 2019 | $6,059 | $574,000 | $178,300 | $395,700 |
| 2018 | $6,004 | $568,667 | $0 | $0 |
| 2017 | $6,059 | $563,333 | $0 | $0 |
| 2016 | -- | $558,000 | $0 | $0 |
| 2015 | $6,678 | $558,000 | $0 | $0 |
| 2014 | $6,678 | $558,000 | $0 | $0 |
Source: Public Records
Map
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