26 N Summit Ave Gaithersburg, MD 20877
Estimated Value: $1,759,816
Studio
--
Bath
10,840
Sq Ft
$162/Sq Ft
Est. Value
About This Home
This home is located at 26 N Summit Ave, Gaithersburg, MD 20877 and is currently estimated at $1,759,816, approximately $162 per square foot. 26 N Summit Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2021
Sold by
Gmab Llc
Bought by
Cpp Property Development 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
$1,200,000
Outstanding Balance
$1,083,455
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$693,921
Purchase Details
Closed on
Jan 6, 2016
Sold by
Rippeon Betsy Jeanne and Jacobs James W
Bought by
Gmac Llc
Purchase Details
Closed on
Feb 19, 2015
Sold by
Rippeon Betsy Jeanne and Betsy Jeanne Rippeon Revocable
Bought by
Rippeon Betsy Jeanne
Purchase Details
Closed on
Nov 28, 2006
Sold by
Jacobs Elizabeth J Tr
Bought by
Jacobs Elizabeth J Tr
Purchase Details
Closed on
Nov 9, 2006
Sold by
Jacobs Elizabeth J Tr
Bought by
Jacobs Elizabeth J Tr
Purchase Details
Closed on
Nov 9, 2005
Sold by
Jacobs Elizabeth J
Bought by
Jacobs Elizabeth J Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cpp Property Development Llc | $1,410,000 | Courtesy Title & Escrow Corp | |
| Gmac Llc | -- | Attorney | |
| Rippeon Betsy Jeanne | -- | None Available | |
| Jacobs Elizabeth J | -- | None Available | |
| Jacobs Elizabeth J Tr | -- | -- | |
| Jacobs Elizabeth J Tr | -- | -- | |
| Jacobs Elizabeth J Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cpp Property Development Llc | $1,200,000 |
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 | $18,755 | $1,346,800 | -- | -- |
| 2024 | $18,755 | $1,298,400 | $0 | $0 |
| 2023 | $18,049 | $1,250,000 | $662,000 | $588,000 |
| 2022 | $17,431 | $1,233,700 | $0 | $0 |
| 2021 | $19,300 | $1,244,867 | $0 | $0 |
| 2020 | $17,902 | $1,273,500 | $662,000 | $611,500 |
| 2019 | $17,793 | $1,261,900 | $0 | $0 |
| 2018 | $17,617 | $1,250,300 | $0 | $0 |
| 2017 | $17,262 | $1,238,700 | $0 | $0 |
| 2016 | $18,598 | $1,206,467 | $0 | $0 |
| 2015 | $18,598 | $1,174,233 | $0 | $0 |
| 2014 | $18,598 | $1,142,000 | $0 | $0 |
Source: Public Records
Map
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