NOT LISTED FOR SALE

Estimated Value: $550,000 - $606,000

4 Beds
3.5 Baths
1,945 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $575,000 $296 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,501/month

4 Days on Market

Highlights

  • 0.14 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Open Floorplan
  • Garden View
  • 3-minute walk to Hillwood Manor Neighborhood Park

About This Home

As of February 2024

Welcome to 1506 Elson Street in Takoma Park, MD, where modern comfort meets urban convenience. This charming home boasts an open concept main floor with an updated kitchen and a versatile den/office space, perfect for today's lifestyle. Upstairs, you'll find 3 bedrooms and 2 full bathrooms, offering privacy and comfort for the whole family. The lower level features an additional bedroom and bathroom, providing flexibility for guests or a growing household. Step outside to the walkout deck and discover a large fenced backyard, ideal for outdoor entertaining and relaxation. Situated on a serene tree-lined street, this home offers the perfect blend of tranquility and proximity to urban amenities, making it a desirable haven for modern living. Open house Sunday, 1/24/2024 1:00-4:00

Last Agent to Sell the Property

Pam Schaeffer

(301) 537-0397 pam.schaeffer@compass.com Compass License #610592 Listed on: 01/11/2024

Compass

Last Buyer's Agent

Taylor McNeal

(703) 898-2903 taymcneal3276@gmail.com Samson Properties License #0225082160

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1947 | Remodeled in 2016

Lot Details

  • 6,104 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned RSF65

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Garden Views
  • Basement
  • Laundry in Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Exterior Lighting

Schools

  • Carole Highlands Elementary School
  • Buck Lodge Middle School
  • High Point

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 17171908649

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,071

Year Built

Built in 1947 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusion Disclosures
  • Historic: No
  • Inclusions: See Inclusions/Exclusion Disclosures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-01-11
  • Federal Flood Zone: No
  • Year Built: 1947
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Built-In Microwave
  • Flooring Type: Laminate Plank, Partially Carpeted
  • Interior Amenities: Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 1945
  • Living Area Sq Ft: 1945
  • Price Per Sq Ft: 422.73
  • Above Grade Finished Sq Ft: 1346
  • Below Grade Finished Sq Ft: 599
  • Total Below Grade Sq Ft: 599
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Bump-Outs, Street Lights
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CAROLE HIGHLANDS
  • High School: HIGH POINT
  • Middle Or Junior School: BUCK LODGE

Lot Info

  • Horses: No
  • Fencing: Fully, Wood
  • Lot Features: Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6104.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: RSF65
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4071.00
  • Assessor Parcel Number: 17171908649
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 29, 2024
Sold by
Abdella Lubaba Yusuf
Bought by
Smith-Overman Ian and Smith Erica P
Seller's Agent
Pam Schaeffer
Compass
Buyer's Agent
Taylor McNeal
Samson Properties
List Price
$569,000
Sold Price
$575,000
Premium/Discount to List
$6,000
1.05%
Views
81
Current Estimated Value
$570,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,364
Avg. Annual Appreciation
-0.43%
Original Mortgage
$460,000
Outstanding Balance
$451,916
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$118,720

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 9, 2016
Sold by
Willco Properties Llc
Bought by
Abdella Lubaba Yusuf
Seller's Agent
George Hockaday-Bey
All Service Real Estate
Buyer's Agent
Pam Schaeffer
Compass
List Price
$419,950
Sold Price
$390,000
Premium/Discount to List
-$29,950
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$292,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 5, 2015
Closed on
Oct 9, 2015
Sold by
Lennon Joseph M and Brunner Donna M
Bought by
Willco Properties Llc
Seller's Agent
Briana Murphy
Weichert, REALTORS
Buyer's Agent
George Hockaday-Bey
All Service Real Estate
List Price
$139,000
Sold Price
$180,000
Premium/Discount to List
$41,000
29.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
437.01%
Original Mortgage
$112,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith-Overman Ian $575,000 Paradigm Title & Escrow Llc
Smith-Overman Ian $575,000 Paradigm Title & Escrow Llc
Abdella Lubaba Yusuf $390,000 Fidelity National Title Insu
Willco Properties Llc $180,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith-Overman Ian $460,000
Closed Smith-Overman Ian $460,000
Previous Owner Abdella Lubaba Yusuf $292,500
Previous Owner Willco Properties Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $575,000 +1.1% $296 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $569,000 0.0% $293 / Sq Ft
11/14/2019 11/14/19 Rented $2,500 0.0% --
11/09/2019 11/09/19 Under Contract -- -- --
10/21/2019 10/21/19 Price Changed $2,500 -9.1% $2 / Sq Ft
10/02/2019 10/02/19 For Rent $2,750 0.0% --
03/25/2016 03/25/16 Sold $390,000 -7.1% $290 / Sq Ft View Prior Sale
01/26/2016 01/26/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $419,950 +133.3% $312 / Sq Ft
10/09/2015 10/09/15 Sold $180,000 +29.5% $134 / Sq Ft View Prior Sale
09/12/2015 09/12/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $139,000 -- $103 / 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 $5,948 $450,467 -- --
2024 $5,948 $373,400 $115,400 $258,000
2023 $5,839 $366,133 $0 $0
2022 $5,731 $358,867 $0 $0
2021 $5,623 $351,600 $100,200 $251,400
2020 $5,272 $328,033 $0 $0
2019 $4,922 $304,467 $0 $0
2018 $4,572 $280,900 $75,200 $205,700
2017 $4,127 $250,967 $0 $0
2016 -- $221,033 $0 $0
2015 $3,734 $191,100 $0 $0
2014 $3,734 $191,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2100224

Bright MLS

APN: 17-1908649