2314 Arcola Ave Silver Spring, MD 20902
Estimated Value: $519,083 - $598,000
Studio
2
Baths
1,512
Sq Ft
$368/Sq Ft
Est. Value
About This Home
This home is located at 2314 Arcola Ave, Silver Spring, MD 20902 and is currently estimated at $555,771, approximately $367 per square foot. 2314 Arcola Ave is a home located in Montgomery County with nearby schools including Arcola Elementary School, Odessa Shannon Middle School, and Northwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2024
Sold by
Luther Mark
Bought by
Mahibere Kidusan Coordinating Center
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
$400,000
Outstanding Balance
$393,350
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$162,421
Purchase Details
Closed on
May 17, 2024
Sold by
Harvey Family Trust and Harvey Charlotte H
Bought by
Luther Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$393,350
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$162,421
Purchase Details
Closed on
Jun 11, 2021
Sold by
Harvey Norman L and Harvey Charlotte H
Bought by
Harvey Norman L and Harvey Charlotte H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahibere Kidusan Coordinating Center | $525,000 | Fidelity National Title | |
| Luther Mark | $300,000 | Fidelity National Title | |
| Luther Mark | $300,000 | Fidelity National Title | |
| Harvey Norman L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luther Mark | $400,000 | |
| Closed | Luther Mark | $400,000 |
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 | $5,065 | $391,500 | $211,600 | $179,900 |
| 2024 | $5,065 | $376,500 | $0 | $0 |
| 2023 | $4,176 | $361,500 | $0 | $0 |
| 2022 | $3,785 | $346,500 | $211,600 | $134,900 |
| 2021 | $3,720 | $346,500 | $211,600 | $134,900 |
| 2020 | $3,684 | $346,500 | $211,600 | $134,900 |
| 2019 | $3,892 | $368,500 | $211,600 | $156,900 |
| 2018 | $3,966 | $359,000 | $0 | $0 |
| 2017 | $3,687 | $349,500 | $0 | $0 |
| 2016 | $3,957 | $340,000 | $0 | $0 |
| 2015 | $3,957 | $336,033 | $0 | $0 |
| 2014 | $3,957 | $332,067 | $0 | $0 |
Source: Public Records
Map
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