2847 Strauss Terrace Silver Spring, MD 20904
Estimated Value: $451,000 - $512,000
Studio
3
Baths
1,508
Sq Ft
$321/Sq Ft
Est. Value
About This Home
This home is located at 2847 Strauss Terrace, Silver Spring, MD 20904 and is currently estimated at $484,601, approximately $321 per square foot. 2847 Strauss Terrace is a home located in Montgomery County with nearby schools including Fairland Elementary School, Briggs Chaney Middle School, and James Hubert Blake High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2005
Sold by
Chipasula Frank M and Chipasula P S
Bought by
Medfu Henok
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
$40,000
Outstanding Balance
$20,948
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$463,653
Purchase Details
Closed on
Jun 24, 2005
Sold by
Chipasula Frank M and Chipasula P S
Bought by
Medfu Henok
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$20,948
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$463,653
Purchase Details
Closed on
Dec 2, 1999
Sold by
Femi John
Bought by
Chipasula Frank M and Chipasula P S
Purchase Details
Closed on
Jan 4, 1996
Sold by
S Bhadresh R and S Dhila S
Bought by
Femi John
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medfu Henok | $400,000 | -- | |
| Medfu Henok | $400,000 | -- | |
| Chipasula Frank M | $160,000 | -- | |
| Femi John | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medfu Henok | $40,000 | |
| Open | Medfu Henok | $320,000 | |
| Closed | Medfu Henok | $40,000 | |
| Closed | Medfu Henok | $320,000 |
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 | $4,558 | $384,567 | -- | -- |
| 2024 | $4,558 | $365,033 | $0 | $0 |
| 2023 | $3,624 | $345,500 | $166,300 | $179,200 |
| 2022 | $3,382 | $339,533 | $0 | $0 |
| 2021 | $3,180 | $333,567 | $0 | $0 |
| 2020 | $3,180 | $327,600 | $158,400 | $169,200 |
| 2019 | $2,933 | $306,300 | $0 | $0 |
| 2018 | $2,696 | $285,000 | $0 | $0 |
| 2017 | $2,514 | $263,700 | $0 | $0 |
| 2016 | -- | $259,533 | $0 | $0 |
| 2015 | $2,670 | $255,367 | $0 | $0 |
| 2014 | $2,670 | $251,200 | $0 | $0 |
Source: Public Records
Map
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