NOT LISTED FOR SALE

3940 Ferrara Dr Silver Spring, MD 20906

North Kensington Neighborhood

Estimated Value: $500,000 - $543,000

3 Beds
4 Baths
1,400 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 3940 Ferrara Dr, Silver Spring, MD 20906 and is currently estimated at $515,159, approximately $367 per square foot. 3940 Ferrara Dr is a home located in Montgomery County with nearby schools including Viers Mill Elementary School, A. Mario Loiederman Middle School, and Wheaton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Nadeem Mohammad Yousaf
Bought by
Nadeem Imran Y and Nadeem Suleman Y
Current Estimated Value
$515,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Outstanding Balance
$493,414
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$13,152

Purchase Details

Closed on
Jul 9, 2021
Sold by
Jamshed Tariam and Jamshed Mahmuda A
Bought by
Nadeem Mohammad Yousaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2009
Sold by
Bank Of New York Mellon
Bought by
Jamshed Tariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,145
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2005
Sold by
Vera Felix J
Bought by
Ramirez Jazmina and Ramirez Ruben E

Purchase Details

Closed on
Jun 1, 1994
Sold by
Jankowski A B
Bought by
Vera Felix J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,150
Interest Rate
8.49%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nadeem Imran Y $510,000 Certified Title
Nadeem Mohammad Yousaf $430,000 Evergreen Settlement Co Inc
Jamshed Tariam $268,000 --
Bank Of New York Mellon -- --
Suntrust Mortgage Inc $344,000 --
Ramirez Jazmina $412,900 --
Vera Felix J $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadeem Imran Y $500,762
Previous Owner Nadeem Mohammad Yousaf $422,211
Previous Owner Jamshed Tariam $263,145
Previous Owner Vera Felix J $143,150
Source: Public Records

Tax History Compared to Growth

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 $4,926 $411,900 -- --
2024 $4,926 $382,700 $160,000 $222,700
2023 $5,562 $379,333 $0 $0
2022 $3,916 $375,967 $0 $0
2021 $8,428 $372,600 $160,000 $212,600
2020 $4,303 $356,533 $0 $0
2019 $4,101 $340,467 $0 $0
2018 $3,584 $324,400 $150,000 $174,400
2017 $2,966 $307,733 $0 $0
2016 -- $291,067 $0 $0
2015 $2,996 $274,400 $0 $0
2014 $2,996 $270,933 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20906 North Kensington

3940 Ferrara Dr, Silver Spring, MD

This home is located at 3940 Ferrara Dr, Silver Spring, MD 20906 and is currently estimated at $515,159, approximately $367 per square foot. 3940 Ferrara Dr is a home located in Montgomery County with nearby schools including Viers Mill Elementary School, A. Mario Loiederman Middle School, and Wheaton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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