Large Location Icon

1 Franklin Ave; Silver Spring, MD Property Details

1 Franklin Ave, Silver Spring, MD is a Single Family that was built in 1938. This property is currently a cash purchase and is not for sale. Our records show that 1 Franklin Ave has 4 bedrooms, and 3 bathrooms, and a total of 2,216 square feet. The lot size of 1 Franklin Ave is 7,892 square feet.

Off market
1 Franklin Ave Silver Spring, MD 20901
$775,000 Listing Price
4 Beds
3 Baths
2,216 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1938
  • Purchase Price: $775,000
  • Open Loans / Balance: 1 / $649,775
  • Est. Equity / %: $174,225 / 21.14%
  • Gross Yield: 5.965%
  • APN: 13-01214463
  • Situs County: Montgomery
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 2,216/SqFt
  • Lot: 7,892/SqFt
  • Gross: 2,436/SqFt
  • Garage: 220/SqFt
  • Living: 2,216/SqFt
  • Basement: 600/SqFt
  • Building: 2,436/SqFt
  • Ground: 1,168/SqFt
  • Basement Finished: 600/SqFt
  • Price Per Square Foot: $349.73

Legal Description

  • Description: IND SPG HILLS SEC 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.010574 / -77.00848
  • Subdivision: Indian Spring Hills
  • Property Class: Residential
  • Zoning: R60
  • County Use Code: 111

Amenities

  • Plus Four: 3443
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Radiant
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1 Franklin Ave has no associated ownership info
1 Franklin Ave has no associated ownership info.

Taxes

1 Franklin Ave has 9 associated Taxes items

1 Franklin Ave, Silver Spring, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $614,367. The APN we've located for 1 Franklin Ave is 13-01214463.

Unlock the full report
Taxes
  • Assessed Value:  $614,367
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-01214463
  • Market Land Value:  290000
  • Tax Amount:  7037.95
  • Tax Year:  2025
  • Market Value:  751500
  • Market Year:  2026

Tax History

1 Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $682,933 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,037.95 Change Rate +0.003366% Assessed CR Tax Rate
Year 2024 Assessed Value $545,800 Land Value $265,000 Improvement Value $280,800 Tax Amount $7,014.34 Change Rate +0.154852% Assessed CR Tax Rate +0.012851%
Year 2023 Assessed Value $526,200 Land Value Improvement Value Tax Amount $6,073.8 Change Rate +0.094043% Assessed CR Tax Rate +0.011543%
Year 2022 Assessed Value $506,600 Land Value Improvement Value Tax Amount $5,551.7 Change Rate -0.473171% Assessed CR Tax Rate +0.010959%
Year 2021 Assessed Value $487,000 Land Value $265,000 Improvement Value $222,000 Tax Amount $10,537.96 Change Rate Assessed CR Tax Rate +0.021639%
Year 2020 Assessed Value $466,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $446,800 Land Value Improvement Value Tax Amount $10,895.08 Change Rate +1.31134% Assessed CR Tax Rate +0.024385%
Year 2018 Assessed Value $426,700 Land Value $265,000 Improvement Value $161,700 Tax Amount $4,713.75 Change Rate +0.0036% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $412,200 Land Value Improvement Value Tax Amount $4,696.84 Change Rate Assessed CR Tax Rate +0.011395%
Year 2016 Assessed Value $397,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $383,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $383,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate