NOT LISTED FOR SALE

118 Sherman Ave Takoma Park, MD 20912

Estimated Value: $843,111 - $942,000

4 Beds
2 Baths
1,148 Sq Ft
$789/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $360,000 $314 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,648/month

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of June 2014

Bank wants highest & best offer can close by 4/30-Great close in location just 0.87 miles from Metro, & walk to schools, with a BIG family room addition, that floods you with light. Updates are needed, but looking better now! In-law suite w/level walkout-great for older relatives-w/breakfast bar/RR area there+great for home office space. Easy to bump out the upper level for added bedroom space.

Last Agent to Sell the Property

David Maplesden

(202) 270-7253 david@maplesdengroup.com Long & Foster Real Estate, Inc. License #90067 Listed on: 11/15/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Elliot Barber

(240) 603-8401 Elliotbarber@gmail.com Long & Foster Real Estate, Inc. License #637018

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1941

Lot Details

  • 5,529 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • The property's topography is moderate slope
  • Property is in below average condition
  • Property is zoned R10

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Living Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front and Side Basement Entry

Outdoor Features

  • Shed
  • Brick Porch or Patio

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision, Make It Shine! Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 15
  • Assessor Parcel Number 161301070394

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,918

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1941
  • Remarks Public: Bank wants highest & best offer can close by 4/30-Great close in location just 0.87 miles from Metro, & walk to schools, with a BIG family room addition, that floods you with light. Updates are needed, but looking better now! In-law suite w/level walkout-great for older relatives-w/breakfast bar/RR area there+great for home office space. Easy to bump out the upper level for added bedroom space.
  • Special Assessment Payment: Annually
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Washer, Refrigerator, Dryer, Stove
  • Interior Amenities: Kitchen - Table Space, Entry Level Bedroom, Wood Floors, Window Treatments, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Front Entrance, Side Entrance, Full, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 37.41
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Dsl Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 102900.00
  • Land Assessed Value: 295000.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5529
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5529.00
  • Outdoor Living Structures: Brick, Porch(es)
  • Property Condition: Below Average
  • Topography: Moderate Slope
  • Year Assessed: 2014
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010857
  • Tax Annual Amount: 6918.16
  • Assessor Parcel Number: 161301070394
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 1148
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/27/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Marsh Joan
Bought by
Mercer Henry D and Dufton Emily B
Current Estimated Value
$905,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,100
Outstanding Balance
$450,139
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$455,139

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jun 27, 2014
Sold by
Abbott Barry
Bought by
Marsh Joan
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Elliot Barber
Long & Foster Real Estate, Inc.
List Price
$534,900
Sold Price
$360,000
Premium/Discount to List
-$174,900
-32.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Jul 14, 2004
Sold by
Bufford Takashi
Bought by
Abbott Barry

Purchase Details

Closed on
Jan 21, 2000
Sold by
Samara Ibrahim A and Samara Z Y
Bought by
Bufford Takashi
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
Mercer Henry D $629,000 Fatico
Marsh Joan $360,000 Unique Title & Signature Llc
Abbott Barry -- --
Abbott Barry -- --
Bufford Takashi $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Henry D $566,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $360,000 -10.0% $314 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/22/2014 03/22/14 Price Changed $399,900 -3.6% $348 / Sq Ft
03/07/2014 03/07/14 Price Changed $414,900 -2.4% $361 / Sq Ft
01/18/2014 01/18/14 Price Changed $424,900 -5.6% $370 / Sq Ft
01/11/2014 01/11/14 Price Changed $449,900 -15.9% $392 / Sq Ft
11/15/2013 11/15/13 For Sale $534,900 -- $466 / 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 $10,175 $663,333 -- --
2024 $10,175 $588,100 $328,900 $259,200
2023 $9,085 $565,000 $0 $0
2022 $8,905 $541,900 $0 $0
2021 $6,445 $518,800 $328,900 $189,900
2020 $6,719 $518,800 $328,900 $189,900
2019 $6,101 $518,800 $328,900 $189,900
2018 $5,736 $535,300 $328,900 $206,400
2017 $6,285 $489,500 $0 $0
2016 $5,984 $443,700 $0 $0
2015 $5,984 $397,900 $0 $0
2014 $5,984 $397,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003768586

Bright MLS

APN: 13-01070394