40 Norwood Rd Silver Spring, MD 20905
Estimated Value: $923,000 - $1,112,967
3
Beds
3
Baths
--
Sq Ft
1.17
Acres
About This Home
This home is located at 40 Norwood Rd, Silver Spring, MD 20905 and is currently estimated at $1,017,984. 40 Norwood Rd is a home located in Montgomery County with nearby schools including North Aurelius Elementary School, Stonegate Elementary School, and Martin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2008
Sold by
Belete Demiss
Bought by
Chinmaya Mission Washington and Regional Center
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
$580,000
Outstanding Balance
$368,271
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$649,713
Purchase Details
Closed on
Apr 23, 2008
Sold by
Belete Demiss
Bought by
Chinmaya Mission Washington and Regional Center
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$368,271
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$649,713
Purchase Details
Closed on
Sep 15, 2004
Sold by
Newman Alric T
Bought by
Belete Demiss and Rosette Randrianasolo
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 |
|---|---|---|---|
| Chinmaya Mission Washington | $723,000 | -- | |
| Chinmaya Mission Washington | $723,000 | -- | |
| Belete Demiss | $490,000 | -- | |
| Belete Demiss | $490,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chinmaya Mission Washington | $580,000 | |
| Closed | Chinmaya Mission Washington | $580,000 |
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 | $1,555 | $469,267 | -- | -- |
| 2024 | $1,555 | $443,333 | $0 | $0 |
| 2023 | $1,527 | $417,400 | $231,200 | $186,200 |
| 2022 | $1,515 | $410,067 | $0 | $0 |
| 2021 | $1,437 | $402,733 | $0 | $0 |
| 2020 | $1,437 | $395,400 | $257,000 | $138,400 |
| 2019 | $1,424 | $392,333 | $0 | $0 |
| 2018 | $1,415 | $389,267 | $0 | $0 |
| 2017 | $1,415 | $386,200 | $0 | $0 |
| 2016 | $1,385 | $374,200 | $0 | $0 |
| 2015 | $1,385 | $362,200 | $0 | $0 |
| 2014 | $1,385 | $350,200 | $0 | $0 |
Source: Public Records
Map
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