NOT LISTED FOR SALE

115 Elm Ave Takoma Park, MD 20912

Estimated Value: $1,018,000 - $1,366,000

4 Beds
3 Baths
1,699 Sq Ft
$707/Sq Ft Est. Value

Last Sold May 31, 2015

Last sale price $799,000 $470 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,896/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • 1 Fireplace
  • Tankless Water Heater
  • Takoma Park Elementary School Rated A-
  • No HOA
  • 2-minute walk to Spring Park

About This Home

As of May 2015

New Total Renovation in Takoma Park, 2 master suites and 2 JR. Suites, Gleaming hardwood floors, Porcelanosa tiled bathrooms and lower level, Expansive 3 Car Garage converted to an expansive IN Law/ Au Pair/ or Nanny Suite, Lot size is enormous, New HVAC system, New Tankless water heater, New deck, New kitchen with brand new appliances, Home Warranty for peace of mind. Don't miss seeing this gem.

Last Agent to Sell the Property

Natalie Middleton

(240) 464-3117 nmiddleton@remax.net RE/MAX Excellence Realty Listed on: 03/22/2015

Last Buyer's Agent

Natalie Middleton

(240) 464-3117 nmiddleton@remax.net RE/MAX Excellence Realty Listed on: 03/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,082

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Schools

  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 161301074084

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,082

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1941
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 38.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 203700.00
  • Land Assessed Value: 332400.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12343
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12343.00
  • Property Attached Yn: No
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011167
  • Tax Annual Amount: 9082.11
  • Assessor Parcel Number: 161301074084
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2015
Closed on
May 1, 2015
Sold by
Wacap Llc
Bought by
Pierotti Rachel Susan and Lavery Ii Gerard David
Seller's Agent
Natalie Middleton
RE/MAX Excellence Realty
Buyer's Agent
Natalie Middleton
RE/MAX Excellence Realty
List Price
$755,000
Sold Price
$799,000
Premium/Discount to List
$44,000
5.83%
Current Estimated Value
$1,201,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,509
Avg. Annual Appreciation
3.96%
Original Mortgage
$624,800
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2014
Sold by
Potomac Conference Corporation Of Sevent
Bought by
Wacap Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pierotti Rachel Susan $781,000 Logan Title
Wacap Llc $349,900 First Amer Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierotti Rachel Susan $624,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2015 05/31/15 Sold $799,000 +5.8% $470 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/22/2015 03/22/15 For Sale $755,000 -- $444 / 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 $18,822 $1,075,800 $371,200 $704,600
2024 $18,822 $1,089,900 $371,200 $718,700
2023 $17,181 $1,034,133 $0 $0
2022 $15,650 $978,367 $0 $0
2021 $13,777 $922,600 $371,200 $551,400
2020 $13,777 $873,200 $0 $0
2019 $12,951 $823,800 $0 $0
2018 $12,182 $774,400 $371,200 $403,200
2017 $11,626 $694,967 $0 $0
2016 -- $615,533 $0 $0
2015 $9,081 $536,100 $0 $0
2014 $9,081 $536,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002315901

Bright MLS

APN: 13-01074084