16300 Layhill Rd Silver Spring, MD 20906
Estimated Value: $1,121,441
Studio
1
Bath
2,137
Sq Ft
$525/Sq Ft
Est. Value
About This Home
This home is located at 16300 Layhill Rd, Silver Spring, MD 20906 and is currently estimated at $1,121,441, approximately $524 per square foot. 16300 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
Feb 21, 2024
Sold by
Lowe Investments Llc
Bought by
Rels Land Holding Llc
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
$1,078,743
Outstanding Balance
$1,059,857
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$61,584
Purchase Details
Closed on
Apr 28, 2004
Sold by
Smith Shirley A Et Al Tr
Bought by
Lowe Investments Llc
Purchase Details
Closed on
Jul 18, 2002
Sold by
Smith Shirley A Et Al Tr
Bought by
Montgomery County Md
Purchase Details
Closed on
May 2, 1996
Sold by
Robert E L Smith Et Al Tr
Bought by
Shirley A Smith Et Al Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rels Land Holding Llc | $1,100,000 | Fenton Title Company | |
| Rels Land Holding Llc | $1,100,000 | Fenton Title Company | |
| Rels Land Holding Llc | $1,100,000 | Fenton Title Company | |
| Rels Land Holding Llc | $1,100,000 | Fenton Title Company | |
| Lowe Investments Llc | $238,000 | -- | |
| Lowe Investments Llc | $238,000 | -- | |
| Montgomery County Md | $1,608,611 | -- | |
| Shirley A Smith Et Al Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rels Land Holding Llc | $1,078,743 | |
| Closed | Rels Land Holding Llc | $1,078,743 |
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 | $16,470 | $664,600 | $491,400 | $173,200 |
| 2024 | $16,470 | $662,300 | $0 | $0 |
| 2023 | $0 | $660,000 | $0 | $0 |
| 2022 | $12,130 | $657,700 | $491,400 | $166,300 |
| 2021 | $11,879 | $656,700 | $0 | $0 |
| 2020 | $0 | $655,700 | $0 | $0 |
| 2019 | $11,488 | $654,700 | $491,400 | $163,300 |
| 2018 | $11,501 | $654,700 | $491,400 | $163,300 |
| 2017 | $11,538 | $654,700 | $0 | $0 |
| 2016 | $4,929 | $661,700 | $0 | $0 |
| 2015 | $4,929 | $627,667 | $0 | $0 |
| 2014 | $4,929 | $353,100 | $0 | $0 |
Source: Public Records
Map
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