NOT LISTED FOR SALE

407 E Melbourne Ave Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $486,000 - $538,273

3 Beds
1 Bath
1,652 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 407 E Melbourne Ave, Silver Spring, MD 20901 and is currently estimated at $512,818, approximately $310 per square foot. 407 E Melbourne Ave is a home located in Montgomery County with nearby schools including New Hampshire Estates Elementary School, Oak View Elementary School, and Eastern Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2008
Sold by
Willett Ann R
Bought by
Ryan Terence J
Current Estimated Value
$517,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$195,793
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$317,025

Purchase Details

Closed on
Jul 25, 2008
Sold by
Willett Ann R
Bought by
Ryan Terence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$195,793
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$317,025
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Ryan Terence J $370,000 --
Ryan Terence J $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Terence J $296,000
Closed Ryan Terence J $296,000
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 $4,865 $394,400 -- --
2024 $4,865 $367,000 $213,600 $153,400
2023 $4,131 $364,933 $0 $0
2022 $3,886 $362,867 $0 $0
2021 $3,633 $360,800 $213,600 $147,200
2020 $3,633 $348,400 $0 $0
2019 $3,464 $336,000 $0 $0
2018 $3,302 $323,600 $206,000 $117,600
2017 $3,356 $323,600 $0 $0
2016 $3,228 $323,600 $0 $0
2015 $3,228 $332,100 $0 $0
2014 $3,228 $329,600 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

407 E Melbourne Ave, Silver Spring, MD

Not Listed for Sale

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