316 Midsummer Dr Gaithersburg, MD 20878
Shady Grove NeighborhoodEstimated Value: $895,000 - $992,000
5
Beds
4
Baths
2,824
Sq Ft
$328/Sq Ft
Est. Value
About This Home
This home is located at 316 Midsummer Dr, Gaithersburg, MD 20878 and is currently estimated at $925,073, approximately $327 per square foot. 316 Midsummer Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2006
Sold by
Glinka Charles J
Bought by
Yang Tin
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
$569,000
Outstanding Balance
$341,706
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$583,367
Purchase Details
Closed on
Jul 11, 2006
Sold by
Glinka Charles J
Bought by
Yang Tin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Outstanding Balance
$341,706
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$583,367
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 |
|---|---|---|---|
| Yang Tin | $729,000 | -- | |
| Yang Tin | $729,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yang Tin | $569,000 | |
| Previous Owner | Yang Tin | $569,000 |
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 | $9,016 | $699,367 | -- | -- |
| 2024 | $9,016 | $664,633 | $0 | $0 |
| 2023 | $8,515 | $629,900 | $235,400 | $394,500 |
| 2022 | $7,694 | $610,833 | $0 | $0 |
| 2021 | $7,855 | $591,767 | $0 | $0 |
| 2020 | $7,250 | $572,700 | $235,400 | $337,300 |
| 2019 | $7,570 | $572,700 | $235,400 | $337,300 |
| 2018 | $7,256 | $572,700 | $235,400 | $337,300 |
| 2017 | $8,213 | $615,000 | $0 | $0 |
| 2016 | $8,499 | $608,600 | $0 | $0 |
| 2015 | $8,499 | $602,200 | $0 | $0 |
| 2014 | $8,499 | $595,800 | $0 | $0 |
Source: Public Records
Map
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