3940 Ferrara Dr Silver Spring, MD 20906
North Kensington NeighborhoodEstimated Value: $437,000 - $536,000
3
Beds
4
Baths
1,400
Sq Ft
$358/Sq Ft
Est. Value
About This Home
This home is located at 3940 Ferrara Dr, Silver Spring, MD 20906 and is currently estimated at $501,306, approximately $358 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
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
$492,448
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$8,858
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
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%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nadeem Imran Y | $510,000 | Certified Title | |
| 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 | |
| Closed | Nadeem Imran Y | $500,762 | |
| Previous Owner | Nadeem Mohammad Yousaf | $422,211 | |
| Previous Owner | Vera Felix J | $143,150 |
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 | $4,926 | $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
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