16101 Layhill Rd Silver Spring, MD 20905
Longmead Crossing NeighborhoodEstimated Value: $652,000 - $724,000
--
Bed
1
Bath
2,377
Sq Ft
$291/Sq Ft
Est. Value
About This Home
This home is located at 16101 Layhill Rd, Silver Spring, MD 20905 and is currently estimated at $692,007, approximately $291 per square foot. 16101 Layhill Rd 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
Oct 5, 2021
Sold by
Mugge Paul R and Mugge Mai T
Bought by
Fuentes Santos F and Fuentes Mirna D
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
$397,500
Outstanding Balance
$362,483
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$329,524
Purchase Details
Closed on
Dec 10, 1992
Bought by
Mugge Paul R and M T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fuentes Santos F | $530,000 | Worldwide Settlements Inc | |
| Mugge Paul R | $228,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fuentes Santos F | $397,500 |
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 | $7,129 | $602,400 | $188,000 | $414,400 |
| 2024 | $7,129 | $568,500 | $0 | $0 |
| 2023 | $6,705 | $534,600 | $0 | $0 |
| 2022 | $6,052 | $500,700 | $188,000 | $312,700 |
| 2021 | $11,722 | $488,833 | $0 | $0 |
| 2020 | $11,101 | $476,967 | $0 | $0 |
| 2019 | $5,550 | $465,100 | $188,000 | $277,100 |
| 2018 | $5,099 | $461,600 | $0 | $0 |
| 2017 | $5,671 | $458,100 | $0 | $0 |
| 2016 | -- | $454,600 | $0 | $0 |
| 2015 | $5,224 | $454,600 | $0 | $0 |
| 2014 | $5,224 | $454,600 | $0 | $0 |
Source: Public Records
Map
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