8700 Georgia Ave Silver Spring, MD 20910
Downtown Silver Spring NeighborhoodEstimated Value: $9,168,780
Studio
--
Bath
31,972
Sq Ft
$287/Sq Ft
Est. Value
About This Home
This home is located at 8700 Georgia Ave, Silver Spring, MD 20910 and is currently estimated at $9,168,780, approximately $286 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
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
$6,241,383
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 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 | $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
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