8257 Front Loop Derwood, MD 20855
Estimated Value: $710,000 - $856,000
--
Bed
2
Baths
2,868
Sq Ft
$281/Sq Ft
Est. Value
About This Home
This home is located at 8257 Front Loop, Derwood, MD 20855 and is currently estimated at $805,744, approximately $280 per square foot. 8257 Front Loop is a home 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
Nov 30, 2022
Sold by
Lennar
Bought by
Owosela Olukayode Olubunmi
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
$635,992
Outstanding Balance
$616,907
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$188,837
Purchase Details
Closed on
Sep 18, 2019
Sold by
Montgomery County
Bought by
U S Home Corporation
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Owosela Olukayode Olubunmi | $794,990 | -- | |
| U S Home Corporation | $17,032,500 | Capitol Title Ins Agcy Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Owosela Olukayode Olubunmi | $635,992 |
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 | $9,012 | $751,900 | $200,000 | $551,900 |
| 2024 | $9,012 | $751,900 | $200,000 | $551,900 |
| 2023 | $9,322 | $783,600 | $200,000 | $583,600 |
| 2022 | $2,207 | $200,000 | $200,000 | $0 |
| 2021 | $0 | $200,000 | $200,000 | $0 |
| 2020 | -- | $200,000 | $200,000 | $0 |
| 2019 | -- | $200,000 | $200,000 | $0 |
Source: Public Records
Map
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