16012 Narrows Terrace Silver Spring, MD 20906
Longmead Crossing NeighborhoodEstimated Value: $801,000 - $983,000
            
                --
                Bed
            
            
            
                4
                Baths
            
            
            
                3,400
                Sq Ft
            
            
                
                    $256/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 16012 Narrows Terrace, Silver Spring, MD 20906 and is currently estimated at $871,619, approximately $256 per square foot. 16012 Narrows Terrace is a home located in Montgomery County with nearby schools including Stonegate Elementary School, William H. Farquhar Middle School, and James Hubert Blake High 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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