NOT LISTED FOR SALE

303 Elm Ave Takoma Park, MD 20912

Estimated Value: $884,691 - $1,125,000

4 Beds
3 Baths
2,716 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $830,000 $306 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,643/month

6 Days on Market

Highlights

  • Second Kitchen
  • Craftsman Architecture
  • Wood Burning Stove
  • Takoma Park Elementary School Rated A-
  • Deck
  • 1-minute walk to Spring Park

About This Home

As of July 2020

OFFERS, IF ANY, DUE MONDAY AT 7pm. Thrive in an expansive craftsman bungalow in the heart of Takoma Park! The welcoming front porch opens into a generously sized foyer with ample storage and a first floor office space/bedroom. Refinished bamboo floors lead you down the hall past an updated marble bath to find a bright, airy space where the kitchen flows into open dining and living areas. You'll find whimsical touches - wainscoting, built-in shelves, stately columns, a wood burning stove, skylights, and more throughout this special home. The stairs lead up to a vaulted ceiling with reading alcove, three bedrooms, a laundry room, and a full bath with spa-like shower and double sink. The main bedroom is outfitted with a massive walk-in closet and the walk-out basement boasts an in-law suite with full kitchen, bath, and plentiful storage. Situated on a large lot with majestic trees and sunny patches for gardening, the house is completed by a wrap-around deck for outdoor living. Reap the benefits of a central location next to beloved Spring Park, two blocks from the Takoma Park Silver Spring Co-op, Spring Mill Bread Bakery, and less than a mile to red line metro & all that Main Street Takoma offers. A brand new architectural shingle roof and exterior paint make life simpler for the next homeowner who should enjoy this space for years to come. PUBLIC OPEN HOUSE BY APPOINTMENT ONLY members of the public or agents unavailable to show must text Maureen at 202-320-2003 to schedule private 20 minute showings between the hours of 2:30-4:30 on Sunday June 14. VIRTUAL TOUR at 303ElmAve.com

Last Agent to Sell the Property

Maureen Andary

(202) 320-2003 maureen.andary@compass.com Compass Listed on: 06/09/2020

Compass

Last Buyer's Agent

Koki Adasi

(240) 994-3941 koki@kokiisthekey.com Compass License #612346

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,872

Year Built

  • Built in 1923

Lot Details

  • 9,211 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Second Kitchen
  • Laundry on upper level

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • English Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Gilbert's Addition Subdivision

Listing and Financial Details

  • Tax Lot P35
  • Assessor Parcel Number 161303163056

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,872

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Exclusions: Oven and Foyer Closet Doors will be taken by seller.
  • Historic: No
  • Home Warranty: No
  • Inclusions: see disclosures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-09
  • Federal Flood Zone: No
  • Year Built: 1923
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Bamboo, Hardwood
  • Interior Amenities: Built-Ins, 2nd Kitchen, Ceiling Fan(s), Combination Dining/Living, Stove - Wood, Walk-In Closet(s), Entry Level Bedroom, Recessed Lighting, Skylight(s), Wainscotting
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: English, Fully Finished, Outside Entrance, Walkout Level
  • Laundry Type: Upper Floor, Basement
  • Total Sq Ft: 3072
  • Living Area Sq Ft: 2716
  • Price Per Sq Ft: 396.78
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 356
  • Total Below Grade Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Cedar, Fiber Cement
  • Roof: Asphalt, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 275800.00
  • Land Assessed Value: 327300.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9211.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14067082
  • Tax Annual Amount: 9872.00
  • Assessor Parcel Number: 161303163056
  • Tax Lot: P35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 13, 2020
Sold by
Josovitz Adele R and Rubenstein Trust
Bought by
Kumar Jodi Nachreiner and Hannon Burwell Lewis
Seller's Agent
Maureen Andary
Compass
Buyer's Agent
Koki Adasi
Compass
List Price
$799,900
Sold Price
$830,000
Premium/Discount to List
$30,100
3.76%
Current Estimated Value
$1,033,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,673
Avg. Annual Appreciation
4.16%
Original Mortgage
$500,000
Outstanding Balance
$444,190
Interest Rate
3.2%
Mortgage Type
Seller Take Back
Estimated Equity
$589,483

Purchase Details

Closed on
Aug 27, 2013
Sold by
Josovitz Adele R and Estate Of Nadine Shiela Rubens
Bought by
Josovitz Adele R and Rubenstein Trust
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
Kumar Jodi Nachreiner $830,000 Kvs Title Llc
Josovitz Adele R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Jodi Nachreiner $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $830,000 +3.8% $306 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $799,900 -- $295 / 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 $14,394 $701,800 $327,300 $374,500
2024 $14,394 $835,800 $327,300 $508,500
2023 $11,893 $758,233 $0 $0
2022 $10,374 $680,667 $0 $0
2021 $9,375 $603,100 $327,300 $275,800
2020 $4,633 $598,667 $0 $0
2019 $9,181 $594,233 $0 $0
2018 $9,062 $589,800 $356,500 $233,300
2017 $8,071 $549,567 $0 $0
2016 -- $509,333 $0 $0
2015 $6,592 $469,100 $0 $0
2014 $6,592 $469,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC710738

Bright MLS

APN: 13-03163056