7207 Summit Ave Chevy Chase, MD 20815
Chevy Chase Park NeighborhoodEstimated Value: $1,347,319 - $1,728,000
Studio
3
Baths
2,194
Sq Ft
$670/Sq Ft
Est. Value
About This Home
This home is located at 7207 Summit Ave, Chevy Chase, MD 20815 and is currently estimated at $1,469,580, approximately $669 per square foot. 7207 Summit Ave is a home located in Montgomery County with nearby schools including Rosemary Hills Elementary School, Chevy Chase Elementary School, and Silver Creek Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2021
Sold by
Binstock Stuart and Berlyn Debra
Bought by
Lungren David Lawrence and Lungren Rebecca Hughes
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
$1,071,000
Outstanding Balance
$973,871
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$495,709
Purchase Details
Closed on
Jul 2, 1986
Bought by
Binstock Stuart
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lungren David Lawrence | $1,190,000 | Logan Title Llc | |
| Binstock Stuart | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lungren David Lawrence | $1,071,000 |
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 | $13,265 | $1,220,200 | $734,000 | $486,200 |
| 2024 | $13,265 | $1,135,633 | $0 | $0 |
| 2023 | $13,161 | $1,051,067 | $0 | $0 |
| 2022 | $10,181 | $966,500 | $667,200 | $299,300 |
| 2020 | $20,293 | $965,500 | $0 | $0 |
| 2019 | $10,123 | $965,000 | $635,500 | $329,500 |
| 2018 | $9,897 | $942,467 | $0 | $0 |
| 2017 | $10,178 | $919,933 | $0 | $0 |
| 2016 | -- | $897,400 | $0 | $0 |
| 2015 | $8,209 | $860,233 | $0 | $0 |
| 2014 | $8,209 | $823,067 | $0 | $0 |
Source: Public Records
Map
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