1908 Wallace Ave Silver Spring, MD 20902
Estimated Value: $696,000 - $1,079,000
Studio
3
Baths
3,437
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 1908 Wallace Ave, Silver Spring, MD 20902 and is currently estimated at $862,166, approximately $250 per square foot. 1908 Wallace Ave is a home located in Montgomery County with nearby schools including Glenallan Elementary School, Odessa Shannon Middle School, and John F. Kennedy High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2007
Sold by
Derose Steven J and Derose F L
Bought by
Derose Steven J
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
$267,500
Outstanding Balance
$162,537
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$699,629
Purchase Details
Closed on
Dec 21, 2006
Sold by
Derose Steven J and Derose F L
Bought by
Derose Steven J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 1998
Sold by
Glenallan Oaks Llc
Bought by
F Steven J and F Derose L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derose Steven J | -- | -- | |
| Derose Steven J | -- | -- | |
| F Steven J | $366,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derose Steven J | $267,500 | |
| Previous Owner | Derose Steven J | $267,500 |
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 | $9,850 | $832,300 | $204,700 | $627,600 |
| 2024 | $9,850 | $780,300 | $0 | $0 |
| 2023 | $8,528 | $728,300 | $0 | $0 |
| 2022 | $7,544 | $676,300 | $204,700 | $471,600 |
| 2021 | $6,621 | $639,633 | $0 | $0 |
| 2020 | $6,621 | $602,967 | $0 | $0 |
| 2019 | $6,753 | $566,300 | $204,700 | $361,600 |
| 2018 | $6,733 | $566,300 | $204,700 | $361,600 |
| 2017 | $6,835 | $566,300 | $0 | $0 |
| 2016 | -- | $579,900 | $0 | $0 |
| 2015 | $7,064 | $579,900 | $0 | $0 |
| 2014 | $7,064 | $579,900 | $0 | $0 |
Source: Public Records
Map
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