7916 Declaration Ln Potomac, MD 20854
Estimated Value: $990,000 - $1,248,000
--
Bed
3
Baths
2,080
Sq Ft
$522/Sq Ft
Est. Value
About This Home
This home is located at 7916 Declaration Ln, Potomac, MD 20854 and is currently estimated at $1,086,426, approximately $522 per square foot. 7916 Declaration Ln is a home located in Montgomery County with nearby schools including Beverly Farms Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2015
Sold by
Kwong Sammy Shai Ming and Kwong Anna Yu
Bought by
Kwong Welch Chuen and Nguyen Kwong Holly Thi
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
$316,375
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 1989
Bought by
Kwong Sammy S-M and A Y
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Kwong Welch Chuen | $715,000 | None Available | |
Kwong Sammy S-M | $350,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kwong Welch Chuen | $379,000 | |
Closed | Kwong Welch Chuen | $100,000 | |
Previous Owner | Kwong Welch Chuen | $316,375 | |
Previous Owner | Kwong Sammy Shai Ming | $165,000 | |
Previous Owner | Kwong Sammy Shai Ming | $150,000 |
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 | $9,277 | $783,733 | -- | -- |
2024 | $9,277 | $753,067 | $0 | $0 |
2023 | $8,211 | $722,400 | $372,300 | $350,100 |
2022 | $7,797 | $720,833 | $0 | $0 |
2021 | $7,663 | $719,267 | $0 | $0 |
2020 | $7,663 | $717,700 | $372,300 | $345,400 |
2019 | $7,635 | $717,700 | $372,300 | $345,400 |
2018 | $7,623 | $717,700 | $372,300 | $345,400 |
2017 | $7,804 | $721,500 | $0 | $0 |
2016 | -- | $689,000 | $0 | $0 |
2015 | $6,659 | $656,500 | $0 | $0 |
2014 | $6,659 | $624,000 | $0 | $0 |
Source: Public Records
Map
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