NOT LISTED FOR SALE

8728 Colesville Rd Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $55,617,652

-- Bed
-- Bath
141,960 Sq Ft
$392/Sq Ft Est. Value

About This Home

This home is located at 8728 Colesville Rd, Silver Spring, MD 20910 and is currently priced at $55,617,652, approximately $391 per square foot. 8728 Colesville Rd 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
Oct 5, 2021
Sold by
Pretium Silver Spring Hotel Prime Llc
Bought by
United Therapeutics Corporation
Current Estimated Value
$55,617,652

Purchase Details

Closed on
May 7, 2019
Sold by
Hospitality Associates Of Colesville Lp
Bought by
Pretium Silver Spring Hotel Prime Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2006
Sold by
Metro Dc Hotel Llc
Bought by
Hospitality Assoc Of Colesville Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2006
Sold by
Metro Dc Hotel Llc
Bought by
Hospitality Assoc Of Colesville Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
Jemals Colesville L L C
Bought by
Metro Dc Hotel Llc

Purchase Details

Closed on
Apr 6, 1995
Sold by
Bradley J Snyder Et Al Trust
Bought by
Jemal S Colesville Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
United Therapeutics Corporation $48,700,000 Chicago Title Insurance Co
Pretium Silver Spring Hotel Prime Llc $36,100,000 Chicago Title Insurance Co
Hospitality Assoc Of Colesville Lp $15,000,000 --
Metro Dc Hotel Llc -- --
Hospitality Assoc Of Colesville Lp $15,000,000 --
Metro Dc Hotel Llc -- --
Metro Dc Hotel Llc $12,442,500 --
Metro Dc Hotel Llc $12,442,500 --
Jemal S Colesville Llc $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pretium Silver Spring Hotel Prime Llc $35,000,000
Previous Owner Metro Dc Hotel Llc $28,500,000
Previous Owner Metro Dc Hotel Llc $28,500,000
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
2024 $395,139 $4,146,500 $4,146,500 $0
2023 $423,298 $35,161,667 $0 $0
2022 $395,139 $34,140,000 $0 $0
2021 $355,931 $30,718,600 $4,146,500 $26,572,100
2020 $408,294 $35,393,433 $0 $0
2019 $402,054 $34,873,167 $0 $0
2018 $414,101 $35,878,700 $3,949,100 $31,929,600
2017 $346,382 $32,302,467 $0 $0
2016 $198,222 $28,726,233 $0 $0
2015 $198,222 $30,526,500 $0 $0
2014 $198,222 $30,526,500 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8728 Colesville Rd, Silver Spring, MD

This home is located at 8728 Colesville Rd, Silver Spring, MD 20910 and is currently priced at $55,617,652, approximately $391 per square foot. 8728 Colesville Rd is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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