2505 N Gate Terrace Silver Spring, MD 20906
Layhill NeighborhoodEstimated Value: $827,000 - $882,000
--
Bed
4
Baths
2,988
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 2505 N Gate Terrace, Silver Spring, MD 20906 and is currently estimated at $860,082, approximately $287 per square foot. 2505 N Gate Terrace is a home located in Montgomery County with nearby schools including Bel Pre Elementary School, Strathmore Elementary School, and Lawton Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2006
Sold by
Pope Cheryl E Tr
Bought by
Fountain Renee C
Current Estimated Value
Purchase Details
Closed on
Aug 4, 2006
Sold by
Pope Cheryl E Tr
Bought by
Fountain Renee C
Purchase Details
Closed on
Mar 6, 2006
Sold by
Fountain George L and Fountain C R
Bought by
Pope Cheryl E Tr
Purchase Details
Closed on
Jan 21, 2006
Sold by
Fountain George L and Fountain C R
Bought by
Pope Cheryl E Tr
Purchase Details
Closed on
Sep 13, 2000
Sold by
Hobbs Orlando S and Hobbs L E
Bought by
Fountain George L and Fountain C R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fountain Renee C | -- | -- | |
| Fountain Renee C | -- | -- | |
| Pope Cheryl E Tr | -- | -- | |
| Pope Cheryl E Tr | -- | -- | |
| Fountain George L | $410,000 | -- |
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 | $9,259 | $770,800 | $230,000 | $540,800 |
| 2024 | $9,259 | $723,000 | $0 | $0 |
| 2023 | $7,980 | $675,200 | $0 | $0 |
| 2022 | $5,057 | $627,400 | $230,000 | $397,400 |
| 2021 | $6,883 | $617,933 | $0 | $0 |
| 2020 | $13,472 | $608,467 | $0 | $0 |
| 2019 | $6,590 | $599,000 | $230,000 | $369,000 |
| 2018 | $6,571 | $599,000 | $230,000 | $369,000 |
| 2017 | $6,899 | $599,000 | $0 | $0 |
| 2016 | $6,426 | $606,900 | $0 | $0 |
| 2015 | $6,426 | $606,900 | $0 | $0 |
| 2014 | $6,426 | $606,900 | $0 | $0 |
Source: Public Records
Map
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