NOT LISTED FOR SALE

8245 Castanea Ln Derwood, MD 20855

Estimated Value: $820,000 - $982,000

-- Bed
1 Bath
3,132 Sq Ft
$297/Sq Ft Est. Value

About This Home

This home is located at 8245 Castanea Ln, Derwood, MD 20855 and is currently estimated at $930,259, approximately $297 per square foot. 8245 Castanea Ln is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2014
Sold by
Toll Md Ii Llc
Bought by
Kunnath Sharath K and Kunnath Sherina S
Current Estimated Value
$930,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,849
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kunnath Sharath K $721,062 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunnath Sharath K $126,500
Open Kunnath Sharath K $502,500
Closed Sherina Shara Kunnath $80,000
Previous Owner Kunnath Sharath K $576,849
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $8,414 $750,133 -- --
2024 $8,414 $692,067 $0 $0
2023 $7,032 $634,000 $210,000 $424,000
2022 $6,651 $628,467 $0 $0
2021 $6,450 $622,933 $0 $0
2020 $6,450 $617,400 $184,700 $432,700
2019 $6,434 $617,400 $184,700 $432,700
2018 $6,438 $617,400 $184,700 $432,700
2017 $7,951 $740,800 $0 $0
2016 -- $754,367 $0 $0
2015 $1,874 $707,133 $0 $0
2014 $1,874 $659,900 $0 $0
Source: Public Records

Map

Maryland Montgomery County Derwood 20855

8245 Castanea Ln, Derwood, MD

This home is located at 8245 Castanea Ln, Derwood, MD 20855 and is currently estimated at $930,259, approximately $297 per square foot. 8245 Castanea Ln is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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