531 W Diamond Ave Gaithersburg, MD 20877
Estimated Value: $311,000 - $335,214
--
Bed
1
Bath
1,029
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 531 W Diamond Ave, Gaithersburg, MD 20877 and is currently estimated at $323,554, approximately $314 per square foot. 531 W Diamond Ave is a home located in Montgomery County with nearby schools including Rosemont Elementary School, Forest Oak Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2006
Sold by
Fofana Muaz B A L and Fofana T
Bought by
Fofana Muaz B A
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
$417,000
Outstanding Balance
$248,970
Interest Rate
6.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$74,584
Purchase Details
Closed on
Sep 27, 2006
Sold by
Fofana Muaz B A L and Fofana T
Bought by
Fofana Muaz B A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$248,970
Interest Rate
6.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$74,584
Purchase Details
Closed on
Jan 15, 2004
Sold by
Fofana Muaz B A
Bought by
Fofana Muaz B A L and Fofana T
Purchase Details
Closed on
Jul 3, 1996
Sold by
Hulman Lewis G
Bought by
Muaz B A B and Muaz Fofana S
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 |
|---|---|---|---|
| Fofana Muaz B A | -- | -- | |
| Fofana Muaz B A | -- | -- | |
| Fofana Muaz B A L | -- | -- | |
| Fofana Muaz B A L | -- | -- | |
| Muaz B A B | $86,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fofana Muaz B A | $417,000 | |
| Closed | Fofana Muaz B A | $417,000 |
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 | $2,268 | $170,000 | $51,000 | $119,000 |
| 2024 | $2,268 | $170,000 | $51,000 | $119,000 |
| 2023 | $1,472 | $180,000 | $54,000 | $126,000 |
| 2022 | $1,370 | $170,000 | $0 | $0 |
| 2021 | $1,317 | $160,000 | $0 | $0 |
| 2020 | $1,186 | $150,000 | $45,000 | $105,000 |
| 2019 | $2,277 | $146,667 | $0 | $0 |
| 2018 | $1,097 | $143,333 | $0 | $0 |
| 2017 | $1,123 | $140,000 | $0 | $0 |
| 2016 | -- | $140,000 | $0 | $0 |
| 2015 | $734 | $140,000 | $0 | $0 |
| 2014 | $734 | $140,000 | $0 | $0 |
Source: Public Records
Map
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