16020 Industrial Dr Gaithersburg, MD 20877
King Farm Neighborhood
Studio
--
Bath
82,000
Sq Ft
121,315
Sq Ft Lot
About This Home
This home is located at 16020 Industrial Dr, Gaithersburg, MD 20877. 16020 Industrial Dr is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2016
Sold by
Ms 16020 Llc
Bought by
Bettini John and Riel Ryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 2005
Sold by
W&M 16020 Limited Ptnshp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bettini John | -- | None Listed On Document | |
| Ms 16020 Llc | $6,400,000 | Fidelity Natl Title Ins Co | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ms 16020 Llc | $9,000,000 |
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 | $229,620 | $16,978,600 | -- | -- |
| 2024 | $229,620 | $18,105,400 | $0 | $0 |
| 2023 | $206,707 | $16,146,600 | $1,640,000 | $14,506,600 |
| 2022 | $189,383 | $15,231,067 | $0 | $0 |
| 2021 | $193,786 | $15,711,733 | $0 | $0 |
| 2020 | $157,283 | $13,400,000 | $1,640,000 | $11,760,000 |
| 2019 | $156,973 | $13,400,000 | $1,640,000 | $11,760,000 |
| 2018 | $158,917 | $13,551,633 | $0 | $0 |
| 2017 | $181,321 | $16,750,000 | $0 | $0 |
| 2016 | -- | $16,750,000 | $0 | $0 |
| 2015 | $222,849 | $18,693,400 | $0 | $0 |
| 2014 | $222,849 | $19,461,800 | $0 | $0 |
Source: Public Records
Map
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