NOT LISTED FOR SALE

122 Sherman Ave Takoma Park, MD 20912

Estimated Value: $989,000 - $1,119,517

5 Beds
3 Baths
2,192 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $745,000 $340 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,992/month

Highlights

  • Curved or Spiral Staircase
  • Traditional Floor Plan
  • Wood Flooring
  • Takoma Park Elementary School Rated A-
  • Cathedral Ceiling
  • 3-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of May 2020

SEE WALKTHROUGH 3D TOUR! http://spws.homevisit.com/hvid/288661 This magical bungalow is a MASTERPIECE! . Built in 1928, the original home has been renovated by a previous owner-architect and a previous owner-carpenter to complete a true masterpiece of craftsmanship. The home is expansive, with an open floor plan, and features extensive built-in custom cabinetry in the upper level. Situated in the heart of Takoma Park with a walk score of 77, this home is a short walk to Metro, buses, TSSP Food Coop, farmers market, local shops, restaurants and parks. This property exceeds all expectations and is a must see one-of-kind unique home. See linked Homevisit virtual tour for 3D tour option! Walk through from home!

Last Agent to Sell the Property

Dominique Rychlik

(301) 580-0934 rychliks@gmail.com Compass License #525224 Listed on: 04/08/2020

Compass

Last Buyer's Agent

Barak Sky

(301) 742-5759 barak@theskygroup.com Serhant License #SP600552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,126

Year Built

  • Built in 1928

Lot Details

  • 6,558 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned 000

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow
  • Poured Concrete
  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Beamed Ceilings
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Hung Windows
  • Wood Frame Window
  • French Doors
  • Formal Dining Room
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Side Exterior Basement Entry
  • Laundry in Basement
  • Basement Windows

Schools

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

Utilities

  • Central Air
  • Radiator
  • Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161301067773

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,126

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1928
  • Remarks Public: SEE WALKTHROUGH 3D TOUR! http://spws.homevisit.com/hvid/288661 This magical bungalow is a MASTERPIECE! . Built in 1928, the original home has been renovated by a previous owner-architect and a previous owner-carpenter to complete a true masterpiece of craftsmanship. The home is expansive, with an open floor plan, and features extensive built-in custom cabinetry in the upper level. Situated in the heart of Takoma Park with a walk score of 77, this home is a short walk to Metro, buses, TSSP Food Coop, farmers market, local shops, restaurants and parks. This property exceeds all expectations and is a must see one-of-kind unique home. See linked Homevisit virtual tour for 3D tour option! Walk through from home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Curved Staircase, Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Skylight(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Skylights, Storm, Wood Frame
  • Fireplace Features: Wood, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Dry Wall, Plaster Walls, Wood Ceilings, Beamed Ceilings, 9'+ Ceilings, Cathedral Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Partially Finished, Poured Concrete, Side Entrance, Walkout Level, Windows
  • Laundry Type: Has Laundry, Basement
  • Total Sq Ft: 2822
  • Living Area Sq Ft: 2192
  • Price Per Sq Ft: 428.49
  • Above Grade Finished Sq Ft: 1692
  • Above Grade Unfinished Sq Ft: 80
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 550
  • Total Below Grade Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • 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
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6558.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: 000
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14010631
  • Tax Annual Amount: 7126.00
  • Assessor Parcel Number: 161301067773
  • Tax Year: 2020
  • Close Date: 05/08/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 8, 2020
Sold by
Brown David C and Leu Yann Sheu
Bought by
Chemnick Jean and Fitzgerald G
Seller's Agent
Dominique Rychlik
Compass
Buyer's Agent
Barak Sky
Serhant
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%
Current Estimated Value
$1,070,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,629
Avg. Annual Appreciation
6.99%
Original Mortgage
$558,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2007
Sold by
Woods Rebecca
Bought by
Hill Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2007
Sold by
Woods Rebecca
Bought by
Hill Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Fair Cristin and Fair A
Bought by
Woods Rebecca

Purchase Details

Closed on
Oct 2, 1996
Sold by
Coblentz Cristin
Bought by
Fair Cristin and Fair A

Purchase Details

Closed on
Aug 30, 1994
Sold by
Becker Thomas L
Bought by
Coblentz Cristin
Source: Public Records

Range of Values:

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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
Chemnick Jean $745,000 Multiple
Hill Nicholas $649,000 --
Hill Nicholas $649,000 --
Woods Rebecca $443,000 --
Fair Cristin -- --
Coblentz Cristin $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Gerald $560,000
Closed Chemnick Jean $558,750
Previous Owner Brown David C $150,110
Previous Owner Brown David C $512,000
Previous Owner Hill Nicholas $400,000
Previous Owner Hill Nicholas $400,000
Previous Owner Hill Nicholas $400,000
Closed Coblentz Cristin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $745,000 +2.8% $340 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $725,000 -- $331 / 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 $15,459 $917,400 -- --
2024 $15,459 $895,400 $336,600 $558,800
2023 $13,934 $846,533 $0 $0
2022 $12,630 $797,667 $0 $0
2021 $11,818 $748,800 $336,600 $412,200
2020 $10,891 $697,533 $0 $0
2019 $10,035 $646,267 $0 $0
2018 $9,147 $595,000 $336,600 $258,400
2017 $8,955 $577,933 $0 $0
2016 $8,706 $560,867 $0 $0
2015 $8,706 $543,800 $0 $0
2014 $8,706 $543,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC703142

Bright MLS

APN: 13-01067773