516 E Indian Spring Dr Silver Spring, MD 20901
Silver Spring Park NeighborhoodEstimated Value: $561,000 - $656,000
--
Bed
3
Baths
2,160
Sq Ft
$283/Sq Ft
Est. Value
About This Home
This home is located at 516 E Indian Spring Dr, Silver Spring, MD 20901 and is currently estimated at $610,212, approximately $282 per square foot. 516 E Indian Spring Dr is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Eastern Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2015
Sold by
Melendez Milagro and Melendez Juan V
Bought by
Cruz Eduardo and Cruz Karla
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
$326,280
Outstanding Balance
$256,286
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$353,926
Purchase Details
Closed on
Dec 10, 2004
Sold by
Rosenthal Harry H and Rosenthal W J
Bought by
Melendez Juan V and Melendez Milagro
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 |
|---|---|---|---|
| Cruz Eduardo | $332,300 | Bancstar Title Llc | |
| Melendez Juan V | $389,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cruz Eduardo | $326,280 |
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 | $4,940 | $396,500 | -- | -- |
| 2024 | $4,940 | $365,600 | $191,900 | $173,700 |
| 2023 | $5,582 | $363,367 | $0 | $0 |
| 2022 | $3,946 | $361,133 | $0 | $0 |
| 2021 | $3,700 | $358,900 | $191,900 | $167,000 |
| 2020 | $3,700 | $347,933 | $0 | $0 |
| 2019 | $3,544 | $336,967 | $0 | $0 |
| 2018 | $3,399 | $326,000 | $185,100 | $140,900 |
| 2017 | $3,436 | $324,567 | $0 | $0 |
| 2016 | -- | $323,133 | $0 | $0 |
| 2015 | $3,169 | $321,700 | $0 | $0 |
| 2014 | $3,169 | $320,833 | $0 | $0 |
Source: Public Records
Map
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