NOT LISTED FOR SALE

503 Burnt Mills Ave Silver Spring, MD 20901

Estimated Value: $536,000 - $565,213

Studio
3 Baths
1,317 Sq Ft
$422/Sq Ft Est. Value

About This Home

This home is located at 503 Burnt Mills Ave, Silver Spring, MD 20901 and is currently estimated at $556,303, approximately $422 per square foot. 503 Burnt Mills Ave is a home located in Montgomery County with nearby schools including Roscoe R. Nix Elementary School, Cresthaven Elementary School, and Francis Scott Key Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2005
Sold by
Kucin Ann T
Bought by
Terefe Mulualem
Current Estimated Value
$556,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$49,206
Interest Rate
5.54%
Mortgage Type
Stand Alone Second
Estimated Equity
$507,097

Purchase Details

Closed on
Jul 28, 2005
Sold by
Kucin Ann T
Bought by
Terefe Mulualem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$49,206
Interest Rate
5.54%
Mortgage Type
Stand Alone Second
Estimated Equity
$507,097

Purchase Details

Closed on
May 24, 1999
Sold by
Kucin Henry A and Kucin T A
Bought by
Kucin Ann T
Source: Public Records

Range of Values:

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

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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
Terefe Mulualem $475,000 --
Terefe Mulualem $475,000 --
Kucin Ann T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terefe Mulualem $95,000
Open Terefe Mulualem $380,000
Closed Terefe Mulualem $95,000
Closed Terefe Mulualem $380,000
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 $5,195 $410,833 -- --
2024 $5,195 $387,767 $0 $0
2023 $5,597 $364,700 $216,800 $147,900
2022 $3,929 $359,533 $0 $0
2021 $3,714 $354,367 $0 $0
2020 $3,714 $349,200 $216,800 $132,400
2019 $3,661 $347,500 $0 $0
2018 $3,617 $345,800 $0 $0
2017 $3,656 $344,100 $0 $0
2016 $3,269 $331,000 $0 $0
2015 $3,269 $317,900 $0 $0
2014 $3,269 $304,800 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20901

503 Burnt Mills Ave, Silver Spring, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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