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    13615 Colgate Way Silver Spring, MD 20904-7228
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    Property profile & analytics

    13615 Colgate Way, Silver Spring, MD 20904-7228

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    • Apartment buildings
    • 531,312 SF
    • 25.70 lot acres
    Off-Market
    Property ID
    US40-0938188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arcadian Apartments / Real Estate Agency

    Property Details for 13615 Colgate Way

    Year built
    1994
    Lot size
    25.70 lot acres
    Zone code
    R30
    Property type
    Apartment buildings
    APN
    05-02270271
    APU
    502270271

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 30, 2018 $85,635,000 Arcadian Maryland Owner LLC Ss Colgate Ll LLC Grant Deed —
    Feb 13, 2015 $81,000 Ss Colgate Ll LLC Gs Chase Ridge LP Grant Deed $56.2M · Holliday Fenoglio Fowler
    Dec 29, 1998 $35,208,000 Ridge Apartment Associates LP Avalon Collateral INC Grant Deed —
    Oct 31, 1997 — Avalon Collateral INC Avalon,chase Rid Quit Claim Deed · related —
    — — Avalon Collateral INC — Deed Of Trust · related —
    — — Chase Ridge Gs — Deed Of Trust · related $55M · Cbre Melody & Co
    — — Ridge Apartment Associates LP — Deed Of Trust · related $15.1M · Gmac Commercial Mortgage Corp
    — — Avalon Collateral INC — Deed Of Trust · related $26.8M · Community Development Admn

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $114,993,000
      Market price range: $92.2M - $318M
      AI Estimate
      $101,922,000
      Market price range: $78.3M - $222M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $163,365,000
      Current use
      OFFICE BUILDING
      $175,515,000
      Change: +7% Conversion: Moderate
      WAREHOUSE, STORAGE
      $166,290,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -76.9332
    Latitude
    39.0795
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $931,040
    $0.00
    $0.00
    $90,964,333
    -
    $16,120,500
    $92,918,700
    $109,039,200
    More about this property
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