962 Wayne Ave, Silver Spring — tax account 161301042911
Commercial built in 1970, 101,940 ft² on 0.35 acres in Silver Spring, Montgomery County, assessed at $5,792,500; last transfer May 11, 2026 for $3,720,000.
From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.
Account
| Tax account number | 161301042911 |
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| Map, grid, parcel | Map JN34 · Lot 13 |
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| Location | 962 Wayne Ave, Silver Spring MD 20910 |
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| Jurisdiction | Montgomery County |
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| Subdivision | Silver Spring |
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Land
| Land use | Commercial (C) |
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| Zoning | CR70 |
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| Acreage | 0.355 acres (15,464 ft²) |
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Structure
| Year built | 1970 |
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| Above-grade area | 101,940 ft² |
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| Style | OFFICE Office Building |
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| Building type | OFFICE Office Building |
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| Construction | Concrete |
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| Quality grade | 3 (on a scale of 1 to 9) |
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| Stories | 9 |
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Assessment — September 2024
| Land | $2,602,900 |
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| Improvements | $3,189,600 |
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| Total | $5,792,500 |
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Last transfer
| Date | May 11, 2026 |
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| Consideration | $3,720,000 |
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| Deed reference | liber 52436, folio 0001 |
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What this means
- Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
- Assessed 288% above the median commercial account in Montgomery County ($1,492,550, 3,736 accounts).
- The last transfer price is 36% below the current assessment.
Parcel point of the Maryland Department of Planning — not a survey.
Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.
The report for account 161301042911
This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.
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