501 E Wayne Ave Silver Spring, MD 20901
Silver Spring Park NeighborhoodEstimated Value: $648,000 - $672,000
4
Beds
3
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
This home is located at 501 E Wayne Ave, Silver Spring, MD 20901 and is currently estimated at $659,089. 501 E Wayne 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
Jan 14, 2009
Sold by
Madgwick Gordon A
Bought by
Burns Willaim Carl 3Rd
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
$407,550
Outstanding Balance
$275,066
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,023
Purchase Details
Closed on
Mar 17, 2004
Sold by
Madgwick Gordon A and Madgwick E B
Bought by
Madgwick Gordon A
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 |
|---|---|---|---|
| Burns Willaim Carl 3Rd | $429,000 | -- | |
| Madgwick Gordon A | -- | -- | |
| Madgwick Gordon A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burns Willaim Carl 3Rd | $407,550 |
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 | $6,813 | $540,833 | -- | -- |
| 2024 | $6,813 | $528,300 | $320,800 | $207,500 |
| 2023 | $5,906 | $511,633 | $0 | $0 |
| 2022 | $3,989 | $494,967 | $0 | $0 |
| 2021 | $3,054 | $478,300 | $270,800 | $207,500 |
| 2020 | $9,838 | $458,400 | $0 | $0 |
| 2019 | $4,664 | $438,500 | $0 | $0 |
| 2018 | $4,422 | $418,600 | $270,800 | $147,800 |
| 2017 | $4,228 | $402,833 | $0 | $0 |
| 2016 | $3,550 | $387,067 | $0 | $0 |
| 2015 | $3,550 | $371,300 | $0 | $0 |
| 2014 | $3,550 | $365,767 | $0 | $0 |
Source: Public Records
Map
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