705 E Franklin Ave Silver Spring, MD 20901
Silver Spring Park NeighborhoodEstimated Value: $582,000 - $701,032
5
Beds
3
Baths
2,192
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 705 E Franklin Ave, Silver Spring, MD 20901 and is currently estimated at $643,508, approximately $293 per square foot. 705 E Franklin Ave 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
Apr 16, 2012
Sold by
Ho Huy Tan and Luong Khanh Boi
Bought by
Ho Huy Tan and Luong Khanh Boi
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
$245,000
Outstanding Balance
$33,133
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$610,375
Purchase Details
Closed on
Aug 31, 2010
Sold by
Gilbert C Richard A C and Gilbert H
Bought by
Ho Huy Tan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ho Huy Tan | -- | Rgs Title Llc | |
| Ho Huy Tan | $311,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ho Huy Tan | $245,000 |
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 | $6,967 | $584,400 | -- | -- |
| 2024 | $6,967 | $541,700 | $221,900 | $319,800 |
| 2023 | $7,332 | $515,300 | $0 | $0 |
| 2022 | $5,356 | $488,900 | $0 | $0 |
| 2021 | $4,886 | $462,500 | $221,900 | $240,600 |
| 2020 | $4,886 | $455,367 | $0 | $0 |
| 2019 | $4,771 | $448,233 | $0 | $0 |
| 2018 | $4,670 | $441,100 | $214,400 | $226,700 |
| 2017 | $4,559 | $424,367 | $0 | $0 |
| 2016 | $3,856 | $407,633 | $0 | $0 |
| 2015 | $3,856 | $390,900 | $0 | $0 |
| 2014 | $3,856 | $388,367 | $0 | $0 |
Source: Public Records
Map
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