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505 Ridgewell Way; Silver Spring, MD Property Details

505 Ridgewell Way, Silver Spring, MD is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 505 Ridgewell Way has 5 bedrooms, and 3.5 bathrooms, and a total of 4,337 square feet. The lot size of 505 Ridgewell Way is 11,398 square feet.

Off market
505 Ridgewell Way Silver Spring, MD 20902
$946,000 Listing Price
5 Beds
3.5 Baths
4,337 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1986
  • Purchase Price: $946,000
  • Open Loans / Balance: 1 / $296,484
  • Est. Equity / %: $787,516 / 72.65%
  • Gross Yield: 7.58%
  • APN: 13-02381988
  • Situs County: Montgomery
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 4,337/SqFt
  • Lot: 11,398/SqFt
  • Gross: 4,778/SqFt
  • Garage: 441/SqFt
  • Living: 4,337/SqFt
  • Basement: 500/SqFt
  • Building: 4,778/SqFt
  • Ground: 2,481/SqFt
  • Basement Finished: 500/SqFt
  • Price Per Square Foot: $218.12

Legal Description

  • Description: KEMP MILL FOREST
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: 39.05591 / -77.01922
  • Subdivision: Kemp Mill Forest
  • Property Class: Residential
  • Zoning: R200
  • County Use Code: 111

Amenities

  • Plus Four: 1573
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

505 Ridgewell Way has no associated ownership info
505 Ridgewell Way has no associated ownership info.

Taxes

505 Ridgewell Way has 9 associated Taxes items

505 Ridgewell Way, 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 $981,833. The APN we've located for 505 Ridgewell Way is 13-02381988.

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Taxes
  • Assessed Value:  $981,833
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-02381988
  • Market Land Value:  222700
  • Tax Amount:  10731.23
  • Tax Year:  2025
  • Market Value:  1103100
  • Market Year:  2026

Tax History

505 Ridgewell Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $981,833 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $10,731.23 Change Rate +0.018877% Assessed CR Tax Rate
Year 2024 Assessed Value $851,400 Land Value Improvement Value Tax Amount $10,532.41 Change Rate +0.168124% Assessed CR Tax Rate +0.012371%
Year 2023 Assessed Value $781,600 Land Value Improvement Value Tax Amount $9,016.52 Change Rate +0.153584% Assessed CR Tax Rate +0.011536%
Year 2022 Assessed Value $711,800 Land Value $180,900 Improvement Value $530,900 Tax Amount $7,816.09 Change Rate Assessed CR Tax Rate +0.010981%
Year 2021 Assessed Value $692,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $672,800 Land Value Improvement Value Tax Amount $7,284.25 Change Rate -0.482109% Assessed CR Tax Rate +0.010827%
Year 2019 Assessed Value $653,300 Land Value $180,900 Improvement Value $472,400 Tax Amount $14,065.22 Change Rate +0.962216% Assessed CR Tax Rate +0.021529%
Year 2018 Assessed Value $648,867 Land Value Improvement Value Tax Amount $7,168.03 Change Rate -0.019318% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $644,433 Land Value Improvement Value Tax Amount $7,309.23 Change Rate Assessed CR Tax Rate +0.011342%
Year 2016 Assessed Value $640,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $626,033 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $612,067 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,156.82 Change Rate Assessed CR Tax Rate