NOT LISTED FOR SALE

8908 16th St Silver Spring, MD 20910

Estimated Value: $185,000 - $232,000

1 Bed
1 Bath
678 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 8908 16th St, Silver Spring, MD 20910 and is currently estimated at $204,639, approximately $301 per square foot. 8908 16th St 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
Dec 12, 2024
Sold by
Clay Adam and Clay Sarah
Bought by
Lerman Bruce and Lerman Amy
Current Estimated Value
$204,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$134,057
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$70,582

Purchase Details

Closed on
Mar 7, 2017
Sold by
Clay Adam
Bought by
Clay Adam and Clay Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Oliva Michelle L
Bought by
Clay Adam

Purchase Details

Closed on
Oct 28, 2003
Sold by
Heitman Horace W
Bought by
Oliva Michelle L and Oliva Behailu Zerihun
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
Lerman Bruce $180,000 Pinnacle Title
Lerman Bruce $180,000 Pinnacle Title
Clay Adam -- None Available
Clay Adam $226,500 --
Oliva Michelle L $154,950 --
Oliva Michelle L $154,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerman Bruce $135,000
Closed Lerman Bruce $135,000
Previous Owner Clay Adam $165,000
Previous Owner Clay Adam $179,609
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 $2,444 $185,000 -- --
2024 $2,444 $180,000 $54,000 $126,000
2023 $2,424 $180,000 $54,000 $126,000
2022 $1,451 $180,000 $54,000 $126,000
2021 $2,264 $180,000 $54,000 $126,000
2020 $2,129 $168,333 $0 $0
2019 $1,988 $156,667 $0 $0
2018 $1,854 $145,000 $43,500 $101,500
2017 $1,916 $145,000 $0 $0
2016 -- $145,000 $0 $0
2015 $2,031 $145,000 $0 $0
2014 $2,031 $145,000 $0 $0
Source: Public Records

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