3037 Memory Ln Silver Spring, MD 20904
Estimated Value: $613,000 - $699,000
Studio
3
Baths
2,644
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 3037 Memory Ln, Silver Spring, MD 20904 and is currently estimated at $651,191, approximately $246 per square foot. 3037 Memory Ln is a home located in Montgomery County with nearby schools including Galway Elementary School, Briggs Chaney Middle School, and Paint Branch High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2013
Sold by
Shin Ding Il
Bought by
Shin Dong Il and Yi Myung P
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
$192,000
Outstanding Balance
$133,747
Interest Rate
3.41%
Mortgage Type
Stand Alone Second
Estimated Equity
$517,444
Purchase Details
Closed on
Apr 16, 2008
Sold by
Shin Young H
Bought by
Shin Dong Il
Purchase Details
Closed on
Mar 31, 2008
Sold by
Shin Young H
Bought by
Shin Dong Il
Purchase Details
Closed on
May 11, 1999
Sold by
Oung H Shin
Bought by
Young H Shin
Purchase Details
Closed on
Sep 10, 1996
Sold by
Rothschild Richard
Bought by
Young H Shin
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shin Dong Il | -- | Evergreen Title Company | |
| Shin Dong Il | -- | -- | |
| Shin Dong Il | -- | -- | |
| Young H Shin | -- | -- | |
| Young H Shin | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shin Dong Il | $192,000 |
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 | $6,501 | $580,233 | -- | -- |
| 2024 | $6,501 | $525,867 | $0 | $0 |
| 2023 | $6,544 | $471,500 | $252,500 | $219,000 |
| 2022 | $4,754 | $456,533 | $0 | $0 |
| 2021 | $4,345 | $441,567 | $0 | $0 |
| 2020 | $4,345 | $426,600 | $252,500 | $174,100 |
| 2019 | $4,016 | $398,133 | $0 | $0 |
| 2018 | $3,701 | $369,667 | $0 | $0 |
| 2017 | $3,456 | $341,200 | $0 | $0 |
| 2016 | -- | $331,567 | $0 | $0 |
| 2015 | $3,630 | $321,933 | $0 | $0 |
| 2014 | $3,630 | $312,300 | $0 | $0 |
Source: Public Records
Map
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