NOT LISTED FOR SALE

315 Lincoln Ave Takoma Park, MD 20912

Estimated Value: $970,000 - $1,012,000

7 Beds
4.5 Baths
1,904 Sq Ft
$520/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $525,000 $276 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,520/month

21 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • 1 Fireplace
  • Takoma Park Elementary School Rated A-
  • Colonial Architecture
  • 3-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of December 2017

Tremendous opportunity to own a huge 4 level all brick home in the heart of Takoma Park! Excellent canvass for your renos and updates. Wonderful fireplace with brick surround. 7 bedrooms;4 1/2 baths.This home is huge;solidly built and sold strictly AS-IS. There will be no repairs considered.Rental permits in place for three apartments,if desired, with separate entrances, kitchens and bath in each.

Last Agent to Sell the Property

Janis Carter

(301) 335-3149 jnerocarter@gmail.com Taylor Properties License #650959 Listed on: 10/29/2017

Taylor Properties

Last Buyer's Agent

Patricia Vucich

(301) 509-4676 patriciavucich@outlook.com RE/MAX Excellence Realty License #73271

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,274

Year Built

  • Built in 1959

Lot Details

  • 7,190 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Second Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • 4.5 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Parking

  • Parking Space Number Location: 5
  • Driveway
  • Off-Street Parking

Schools

  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot P19
  • Assessor Parcel Number 161301057444

Community Details

Overview

  • No Home Owners Association
  • Takoma Park Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,274

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2017-10-31
  • Year Built: 1959
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, 2nd Kitchen, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Partially Finished, Connecting Stairway, Daylight, Partial
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Parking Space Number Assigned: 5
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 29.71
  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail
  • HOA: No
  • Senior Community: No

Schools

  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 314400.00
  • Land Assessed Value: 341400.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7190.00
  • Property Attached Yn: No
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14009694
  • Tax Annual Amount: 10273.50
  • Assessor Parcel Number: 161301057444
  • Tax Lot: P19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2017
Closed on
Dec 28, 2017
Sold by
Gibney Katherine
Bought by
Anderson Rachel and Koo Gene
Seller's Agent
Janis Carter
Taylor Properties
Buyer's Agent
Patricia Vucich
RE/MAX Excellence Realty
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Current Estimated Value
$990,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,927
Avg. Annual Appreciation
8.34%
Original Mortgage
$643,428
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 1999
Sold by
Achmad Johan S and Achmad T
Bought by
Gibney Katherine
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
Anderson Rachel $525,000 None Available
Gibney Katherine $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Rachel $643,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $525,000 -12.4% $276 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $599,000 0.0% $315 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $599,000 -- $315 / 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 $15,623 $878,000 $341,400 $536,600
2024 $15,623 $902,100 $341,400 $560,700
2023 $14,175 $857,733 $0 $0
2022 $12,938 $813,367 $0 $0
2021 $12,150 $769,000 $341,400 $427,600
2020 $11,445 $731,267 $0 $0
2019 $10,812 $693,533 $0 $0
2018 $10,757 $655,800 $341,400 $314,400
2017 $10,274 $615,667 $0 $0
2016 -- $575,533 $0 $0
2015 $9,154 $535,400 $0 $0
2014 $9,154 $532,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003855865

Bright MLS

APN: 13-01057444