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516 Margaret Dr; Silver Spring, MD Property Details

516 Margaret Dr, Silver Spring, MD is a Single Family that was built in 1934. This property is currently Financed and is not for sale. Our records show that 516 Margaret Dr has 2 bathrooms, and a total of 1,964 square feet. The lot size of 516 Margaret Dr is 5,593 square feet.

Off market
516 Margaret Dr Silver Spring, MD 20910
$738,500 Estimated Value
2 Baths
1,964 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1934
  • Purchase Price: $541,000
  • Open Loans / Balance: 1 / $243,798
  • Est. Equity / %: $526,202 / 68.34%
  • Gross Yield: 6.196%
  • APN: 13-01371357
  • Situs County: Montgomery
  • Length Of Ownership: 18 years

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 1,964/SqFt
  • Lot: 5,593/SqFt
  • Gross: 1,964/SqFt
  • Garage: 200/SqFt
  • Living: 1,964/SqFt
  • Basement: 442/SqFt
  • Building: 1,964/SqFt
  • Ground: 1,102/SqFt
  • Basement Finished: 442/SqFt
  • Price Per Square Foot: $275.46

Legal Description

  • Description: SARATOGA VILLAGE
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: 38.986576 / -77.0171
  • Subdivision: Saratoga Village
  • Property Class: Residential
  • Zoning: R60
  • County Use Code: 111

Amenities

  • Plus Four: 5217
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

516 Margaret Dr has no associated ownership info
516 Margaret Dr has no associated ownership info.

Taxes

516 Margaret Dr has 9 associated Taxes items

516 Margaret Dr, 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 $738,500. The APN we've located for 516 Margaret Dr is 13-01371357.

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Taxes
  • Assessed Value:  $738,500
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  13-01371357
  • Market Land Value:  329400
  • Tax Amount:  7550.82
  • Tax Year:  2025
  • Market Value:  814600
  • Market Year:  2026

Tax History

516 Margaret Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $738,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,550.82 Change Rate +0.009391% Assessed CR Tax Rate
Year 2024 Assessed Value $586,300 Land Value $329,400 Improvement Value $256,900 Tax Amount $7,480.57 Change Rate +0.112136% Assessed CR Tax Rate +0.012759%
Year 2023 Assessed Value $582,833 Land Value Improvement Value Tax Amount $6,726.31 Change Rate +0.058481% Assessed CR Tax Rate +0.011541%
Year 2022 Assessed Value $579,367 Land Value Improvement Value Tax Amount $6,354.68 Change Rate -0.491554% Assessed CR Tax Rate +0.010968%
Year 2021 Assessed Value $575,900 Land Value $329,400 Improvement Value $246,500 Tax Amount $12,498.24 Change Rate +0.013604% Assessed CR Tax Rate +0.021702%
Year 2020 Assessed Value $571,367 Land Value Improvement Value Tax Amount $12,330.5 Change Rate +0.014165% Assessed CR Tax Rate +0.021581%
Year 2019 Assessed Value $566,833 Land Value Improvement Value Tax Amount $12,158.28 Change Rate +0.95731% Assessed CR Tax Rate +0.021449%
Year 2018 Assessed Value $562,300 Land Value $329,400 Improvement Value $232,900 Tax Amount $6,211.73 Change Rate +0.037909% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $526,700 Land Value Improvement Value Tax Amount $5,984.85 Change Rate Assessed CR Tax Rate +0.011363%
Year 2016 Assessed Value $491,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $455,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $455,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,931.81 Change Rate Assessed CR Tax Rate