2024 Wallace Ave Silver Spring, MD 20902
Estimated Value: $694,000 - $895,094
5
Beds
6
Baths
3,045
Sq Ft
$270/Sq Ft
Est. Value
About This Home
This home is located at 2024 Wallace Ave, Silver Spring, MD 20902 and is currently estimated at $822,274, approximately $270 per square foot. 2024 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
Oct 10, 2007
Sold by
Design&Tech Builders Inc
Bought by
Takamoto Richard L
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
$550,000
Outstanding Balance
$348,380
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,894
Purchase Details
Closed on
Sep 28, 2007
Sold by
Design&Tech Builders Inc
Bought by
Takamoto Richard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$348,380
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,894
Purchase Details
Closed on
Jan 24, 2006
Sold by
Bath John B
Bought by
Desig
Purchase Details
Closed on
Dec 23, 2004
Sold by
Bath John B and Bath Teresa R
Bought by
Bath John B
Purchase Details
Closed on
Sep 4, 2001
Sold by
Plaia Paul and Plaia E
Bought by
Bath John B and Bath Teresa R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Takamoto Richard L | $720,000 | -- | |
| Takamoto Richard L | $720,000 | -- | |
| Desig | $225,000 | -- | |
| Desig | $225,000 | -- | |
| Bath John B | -- | -- | |
| Bath John B | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Takamoto Richard L | $550,000 | |
| Closed | Takamoto Richard L | $550,000 |
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 | $11,083 | $813,700 | $194,500 | $619,200 |
| 2024 | $11,083 | $783,300 | $0 | $0 |
| 2023 | $10,010 | $752,900 | $0 | $0 |
| 2022 | $5,823 | $722,500 | $194,500 | $528,000 |
| 2021 | $8,305 | $684,767 | $0 | $0 |
| 2020 | $8,305 | $647,033 | $0 | $0 |
| 2019 | $7,849 | $609,300 | $194,500 | $414,800 |
| 2018 | $7,758 | $602,767 | $0 | $0 |
| 2017 | $7,794 | $596,233 | $0 | $0 |
| 2016 | $7,681 | $589,700 | $0 | $0 |
| 2015 | $7,681 | $589,700 | $0 | $0 |
| 2014 | $7,681 | $589,700 | $0 | $0 |
Source: Public Records
Map
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