3520 Farthing Dr Silver Spring, MD 20906
Connecticut Avenue Park NeighborhoodEstimated Value: $481,000 - $530,000
--
Bed
2
Baths
1,178
Sq Ft
$425/Sq Ft
Est. Value
About This Home
This home is located at 3520 Farthing Dr, Silver Spring, MD 20906 and is currently estimated at $500,775, approximately $425 per square foot. 3520 Farthing Dr 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
Jul 21, 2005
Sold by
Banegas Luis A
Bought by
Morales Pedro
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
$292,000
Outstanding Balance
$161,088
Interest Rate
6.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$339,687
Purchase Details
Closed on
May 10, 2000
Sold by
Mcchesney Robert W
Bought by
Banegas Luis A
Purchase Details
Closed on
Jun 16, 1997
Sold by
Mcchesney Louise S
Bought by
Mcchesney Robert W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Pedro | $365,000 | -- | |
| Banegas Luis A | $163,000 | -- | |
| Mcchesney Robert W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Pedro | $292,000 | |
| Open | Morales Pedro | $730,000 |
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 | $4,951 | $387,000 | $195,700 | $191,300 |
| 2024 | $4,951 | $366,567 | $0 | $0 |
| 2023 | $5,383 | $346,133 | $0 | $0 |
| 2022 | $3,555 | $325,700 | $173,700 | $152,000 |
| 2021 | $3,240 | $315,967 | $0 | $0 |
| 2020 | $3,240 | $306,233 | $0 | $0 |
| 2019 | $3,098 | $296,500 | $158,700 | $137,800 |
| 2018 | $2,945 | $284,900 | $0 | $0 |
| 2017 | $2,860 | $273,300 | $0 | $0 |
| 2016 | -- | $261,700 | $0 | $0 |
| 2015 | $2,458 | $258,700 | $0 | $0 |
| 2014 | $2,458 | $255,700 | $0 | $0 |
Source: Public Records
Map
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