NOT LISTED FOR SALE

8515 Damascus Rd Damascus, MD 20872

Estimated Value: $414,150 - $537,000

-- Bed
1 Bath
1,229 Sq Ft
$391/Sq Ft Est. Value

About This Home

This home is located at 8515 Damascus Rd, Damascus, MD 20872 and is currently estimated at $480,038, approximately $390 per square foot. 8515 Damascus Rd is a home located in Montgomery County with nearby schools including Damascus Elementary School, John T. Baker Middle School, and Damascus High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2022
Sold by
Richard Mcalister Charles
Bought by
Magas Alec S
Current Estimated Value
$480,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2019
Sold by
Magas George S and The Martha A Luhn Living Trust
Bought by
Mcalister Charles Richard and Magas Cathy Sue

Purchase Details

Closed on
Jul 9, 2018
Sold by
Luhn Martha A and Magas George S
Bought by
Magas George S and The Martha A Luhn Living Trust

Purchase Details

Closed on
Jul 15, 2005
Sold by
Luhn Martha A and Luhn L R
Bought by
Magas Cathy S Living Trust
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
Magas Alec S $360,000 Fidelity National Title
Mcalister Charles Richard $250,000 None Available
Magas George S -- None Available
Magas Cathy S Living Trust $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Magas Alec S $324,000
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 $4,308 $341,900 -- --
2024 $4,308 $323,500 $203,000 $120,500
2023 $4,872 $315,433 $0 $0
2022 $3,227 $307,367 $0 $0
2021 $3,080 $299,300 $203,000 $96,300
2020 $3,009 $295,767 $0 $0
2019 $3,204 $292,233 $0 $0
2018 $3,189 $288,700 $203,000 $85,700
2017 $2,806 $279,233 $0 $0
2016 -- $269,767 $0 $0
2015 $2,318 $260,300 $0 $0
2014 $2,318 $258,367 $0 $0
Source: Public Records

Map

Maryland Montgomery County Damascus 20872

8515 Damascus Rd, Damascus, MD

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