2603 Terrapin Rd Silver Spring, MD 20906
Estimated Value: $441,000 - $500,000
4
Beds
2
Baths
1,360
Sq Ft
$348/Sq Ft
Est. Value
About This Home
This home is located at 2603 Terrapin Rd, Silver Spring, MD 20906 and is currently estimated at $472,963, approximately $347 per square foot. 2603 Terrapin Rd is a home located in Montgomery County with nearby schools including Walters Elementary School, Weller Road Elementary School, and A. Mario Loiederman Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2011
Sold by
Jones Elmer W and Jones M V
Bought by
Nelson Timothy M and Hibbert Annette C
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
$184,000
Outstanding Balance
$127,181
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$345,782
Purchase Details
Closed on
Mar 4, 2011
Sold by
Jones Elmer W and Jones M V
Bought by
Nelson Timothy M and Hibbert Annette C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$127,181
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$345,782
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Timothy M | $230,000 | -- | |
| Nelson Timothy M | $230,000 | -- | |
| Nelson Timothy M | $230,000 | -- | |
| Nelson Timothy M | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Timothy M | $184,000 | |
| Closed | Nelson Timothy M | $184,000 | |
| Closed | Nelson Timothy M | $184,000 |
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 | $4,681 | $361,000 | $163,800 | $197,200 |
| 2024 | $4,681 | $343,133 | $0 | $0 |
| 2023 | $3,759 | $325,267 | $0 | $0 |
| 2022 | $3,354 | $307,400 | $163,800 | $143,600 |
| 2021 | $3,136 | $302,100 | $0 | $0 |
| 2020 | $3,136 | $296,800 | $0 | $0 |
| 2019 | $3,043 | $291,500 | $163,800 | $127,700 |
| 2018 | $3,005 | $290,367 | $0 | $0 |
| 2017 | $3,039 | $289,233 | $0 | $0 |
| 2016 | -- | $288,100 | $0 | $0 |
| 2015 | $2,450 | $268,733 | $0 | $0 |
| 2014 | $2,450 | $249,367 | $0 | $0 |
Source: Public Records
Map
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