NOT LISTED FOR SALE

9550 Melrose Square Way Gaithersburg, MD 20882

Estimated Value: $421,956 - $460,000

-- Bed
4 Baths
1,260 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 9550 Melrose Square Way, Gaithersburg, MD 20882 and is currently estimated at $436,239, approximately $346 per square foot. 9550 Melrose Square Way is a home located in Montgomery County with nearby schools including Woodfield Elementary School, John T. Baker Middle School, and Damascus High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2006
Sold by
Beall Roberta M
Bought by
Simpson Jesse S and Simpson Rose M
Current Estimated Value
$436,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
Beall Roberta M
Bought by
Simpson Jesse S and Simpson Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

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
Simpson Jesse S $324,900 --
Simpson Jesse S $324,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Jesse Scott $280,000
Closed Simpson Jesse S $259,920
Closed Simpson Jesse S $259,920
Closed Simpson Jesse S $64,980
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 $3,960 $313,100 $132,000 $181,100
2023 $3,068 $297,233 $0 $0
2022 $2,741 $281,367 $0 $0
2021 $2,402 $265,500 $132,000 $133,500
2020 $2,402 $257,000 $0 $0
2019 $2,296 $248,500 $0 $0
2018 $2,199 $240,000 $132,000 $108,000
2017 $2,247 $240,000 $0 $0
2016 -- $240,000 $0 $0
2015 $2,113 $242,000 $0 $0
2014 $2,113 $241,267 $0 $0
Source: Public Records

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