NOT LISTED FOR SALE

8700 Georgia Ave Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $9,197,637

Studio
-- Bath
31,972 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 8700 Georgia Ave, Silver Spring, MD 20910 and is currently estimated at $9,197,637, approximately $287 per square foot. 8700 Georgia Ave is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
8700 Georgia Avenue Limited Partnership
Bought by
Burke Georgia Llc
Current Estimated Value
$9,197,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,740,000
Outstanding Balance
$2,927,397
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$6,270,240
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Burke Georgia Llc $6,280,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Georgia Llc $3,740,000
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 $58,049 $4,736,533 -- --
2024 $58,049 $4,705,500 $4,276,900 $428,600
2023 $58,028 $4,705,500 $4,276,900 $428,600
2022 $59,141 $5,000,000 $4,276,900 $723,100
2021 $70,888 $6,065,000 $4,276,900 $1,788,100
2020 $70,888 $6,065,000 $4,276,900 $1,788,100
2019 $72,203 $6,189,567 $0 $0
2018 $71,678 $6,153,200 $4,073,300 $2,079,900
2017 $56,598 $5,290,233 $0 $0
2016 -- $4,427,267 $0 $0
2015 $64,101 $3,564,300 $0 $0
2014 $64,101 $4,829,400 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8700 Georgia Ave, Silver Spring, MD

Not Listed for Sale

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