NOT LISTED FOR SALE

1116 Lancaster Rd Takoma Park, MD 20912

Estimated Value: $668,000 - $740,000

3 Beds
2 Baths
1,532 Sq Ft
$456/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $655,000 $428 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,392/month

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Takoma Park Elementary School Rated A-
  • Traditional Floor Plan
  • 4-minute walk to Becca Lilly Neighborhood Park

About This Home

As of July 2022

Welcome to 1116 Lancaster Road! This classic colonial is all ready for you - newly refinished hardwoods, brand-new Central Air Conditioning, and freshly painted throughout, this turn-key charmer sits on a delightful quiet block with close proximity to popular Becca Lilly park & playgrounds, and both Sligo and Long Branch hiker-biker trails. Living room with fireplace with access to screened porch; kitchen walks-out to deck; Partially finished lower level with rec room and additional full bath. Handy rebuilt detached garage. Pop on by!

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 06/16/2022

Last Buyer's Agent

Barak Sky

(301) 742-5759 baraksky@gmail.com Serhant License #SP600552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,002

Year Built

  • Built in 1940

Lot Details

  • 5,116 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slate Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Basement Windows

Schools

  • Takoma Park Elementary And Middle School
  • Montgomery Blair High School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161303168322

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,002

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-16
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Water Heater, Washer, Refrigerator, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Recreation Room, Storage Room, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Windows, Partially Finished
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1532
  • Price Per Sq Ft: 518.67
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 316
  • Total Below Grade Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 204900.00
  • Land Assessed Value: 300700.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5116.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14067566
  • Tax Annual Amount: 7002.00
  • Assessor Parcel Number: 161303168322
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2023
Sold by
Covert Ranel J and Covert Natala M
Bought by
Covert Living Trust and Covert
Current Estimated Value
$698,510

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 13, 2022
Sold by
Dacrema Lauren H
Bought by
Covert Ranel J and Covert Natala M
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Barak Sky
Serhant
List Price
$639,000
Sold Price
$655,000
Premium/Discount to List
$16,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$593,037
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Johnston Michael D and Johnston H L
Bought by
Johnston Lauren H

Purchase Details

Closed on
Oct 18, 1999
Sold by
Langholz Christopher and Langholz S
Bought by
Johnston Michael D and Johnston H L

Purchase Details

Closed on
May 13, 1991
Sold by
Hurd Robert H
Bought by
Langholz Christopher and Langholz S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Covert Living Trust -- None Listed On Document
Covert Living Trust -- None Listed On Document
Covert Ranel J $655,000 Commonwealth Land Title
Johnston Lauren H -- --
Johnston Michael D $147,250 --
Langholz Christopher $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covert Ranel J $593,037
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $655,000 +2.5% $428 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $639,000 -- $417 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,744 $538,800 -- --
2024 $8,744 $505,600 $300,700 $204,900
2023 $8,242 $476,400 $0 $0
2022 $7,489 $447,200 $0 $0
2021 $7,003 $418,000 $300,700 $117,300
2020 $6,990 $418,000 $300,700 $117,300
2019 $6,978 $418,000 $300,700 $117,300
2018 $7,475 $450,300 $325,800 $124,500
2017 $6,444 $412,200 $0 $0
2016 -- $374,100 $0 $0
2015 $5,439 $336,000 $0 $0
2014 $5,439 $332,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2046882

Bright MLS

APN: 13-03168322