502 Silver Spring Ave Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated Value: $612,000 - $753,000
--
Bed
2
Baths
1,708
Sq Ft
$403/Sq Ft
Est. Value
About This Home
This home is located at 502 Silver Spring Ave, Silver Spring, MD 20910 and is currently estimated at $688,754, approximately $403 per square foot. 502 Silver Spring Ave is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and St. Michael the Archangel Catholic Church.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2007
Sold by
Davison Cecil G
Bought by
Tadesse Ameha
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
$350,000
Outstanding Balance
$222,534
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,220
Purchase Details
Closed on
Dec 7, 2007
Sold by
Davison Cecil G
Bought by
Tadesse Ameha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$222,534
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,220
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 |
|---|---|---|---|
| Tadesse Ameha | $350,000 | -- | |
| Tadesse Ameha | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tadesse Ameha | $350,000 | |
| Closed | Tadesse Ameha | $350,000 |
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 | $7,348 | $602,000 | -- | -- |
| 2024 | $7,348 | $574,800 | $334,700 | $240,100 |
| 2023 | $6,634 | $574,800 | $334,700 | $240,100 |
| 2022 | $6,304 | $574,800 | $334,700 | $240,100 |
| 2021 | $6,825 | $680,000 | $334,700 | $345,300 |
| 2020 | $6,825 | $631,133 | $0 | $0 |
| 2019 | $6,249 | $582,267 | $0 | $0 |
| 2018 | $5,690 | $533,400 | $334,700 | $198,700 |
| 2017 | $5,705 | $526,267 | $0 | $0 |
| 2016 | $5,357 | $519,133 | $0 | $0 |
| 2015 | $5,357 | $512,000 | $0 | $0 |
| 2014 | $5,357 | $512,000 | $0 | $0 |
Source: Public Records
Map
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