NOT LISTED FOR SALE

Estimated Value: $639,000 - $786,000

3 Beds
1.5 Baths
1,739 Sq Ft
$411/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $725,000 $417 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,340/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Recreation Room
  • Wood Flooring
  • 4-minute walk to Takoma Playground

About This Home

As of February 2022

Welcome to this exceptional opportunity to own and improve a Takoma treasure. Originally built in 1932 with the fine workmanship and charm of the period, the home was substantially expanded in the 1990’s and now presents an optimal opportunity for further improvement with the potential for reconfiguration of the extremely spacios three story full daylight addition to include an open concept kitchen and powder room on the main floor, luxurious master bath upstairs, and full bath / in law suite in the lower level.

The lot, which is generous for the neighborhood, is accessed from both the street and the rear, where there is a detached garage. At 8,192 square feet there is still a wonderfully large yard for personal use despite the large addition, and plenty of room to potentially expand the garage.

The property is being sold as-is.

Last Agent to Sell the Property

Barbara Nalls

TTR Sotheby's International Realty Listed on: 01/12/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Mona Banes

TTR Sothebys International Realty License #0225207696

TTR Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 1930

Lot Details

  • 8,192 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Takoma Elementary School
  • Ida B. Wells Middle School
  • Coolidge Senior High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 3365//0058

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,047

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this exceptional opportunity to own and improve a Takoma treasure. Originally built in 1932 with the fine workmanship and charm of the period, the home was substantially expanded in the 1990’s and now presents an optimal opportunity for further improvement with the potential for reconfiguration of the extremely spacios three story full daylight addition to include an open concept kitchen and powder room on the main floor, luxurious master bath upstairs, and full bath / in law suite in the lower level. The lot, which is generous for the neighborhood, is accessed from both the street and the rear, where there is a detached garage. At 8,192 square feet there is still a wonderfully large yard for personal use despite the large addition, and plenty of room to potentially expand the garage. The property is being sold as-is.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Dryer, Washer
  • Interior Amenities: Floor Plan - Traditional, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Recreation Room, Bathroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1909
  • Living Area Sq Ft: 1739
  • Price Per Sq Ft: 570.61
  • Above Grade Finished Sq Ft: 1225
  • Below Grade Finished Sq Ft: 514
  • Below Grade Sq Ft: 170
  • Total Below Grade Sq Ft: 684
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 214

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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 - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: TAKOMA
  • Middle School: IDA B. WELLS
  • High School: COOLIDGE SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: TAKOMA
  • High School: COOLIDGE SENIOR
  • Middle Or Junior School: IDA B. WELLS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141840.00
  • Land Assessed Value: 477510.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8192.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16060764
  • Tax Annual Amount: 5047.00
  • Assessor Parcel Number: 3365//0058
  • Tax Lot: 58
  • Tax Total Finished Sq Ft: 1739
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/23/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 18, 2022
Sold by
Madison Eric H
Bought by
Ggiorgis Tesfu and Tsegaye Solomon
Seller's Agent
Barbara Nalls
TTR Sotheby's International Realty
Buyer's Agent
Mona Banes
TTR Sothebys International Realty
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Current Estimated Value
$700,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,940
Avg. Annual Appreciation
-1.59%
Original Mortgage
$540,000
Outstanding Balance
$507,111
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$178,562

Purchase Details

Closed on
Nov 15, 2016
Sold by
The Estate Of Margaret C Madison
Bought by
Madison Eric H

Purchase Details

Closed on
Jul 22, 1994
Sold by
Madison Lisa R
Bought by
Madison Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ggiorgis Tesfu $725,000 Kvs Title
Madison Eric H -- None Available
Madison Margaret C $65,169 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ggiorgis Tesfu $540,000
Previous Owner Madison Margaret C $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $725,000 +3.7% $417 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $699,000 -- $402 / 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
2024 $6,311 $742,430 $563,770 $178,660
2023 $5,909 $695,160 $532,230 $162,930
2022 $5,264 $619,350 $477,510 $141,840
2021 $5,047 $593,790 $470,470 $123,320
2020 $5,029 $591,600 $472,920 $118,680
2019 $4,686 $551,280 $437,620 $113,660
2018 $4,502 $529,670 $0 $0
2017 $4,162 $489,640 $0 $0
2016 $24,991 $499,810 $0 $0
2015 $12,605 $475,160 $0 $0
2014 $1,324 $456,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2028868

Bright MLS

APN: 3365-0058