NOT LISTED FOR SALE

36 Philadelphia Ave Takoma Park, MD 20912

Estimated Value: $929,000 - $1,037,000

0.15 Acre
$6,662,807 Price per Acre
6,406 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $300,000 $181 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $6,635/month

124 Days on Market

About This Lot

As of June 2016

6,406 SqFt of buildable land available in highly sought after Takoma Park, Maryland. Excellent location less than a 1/2 mile from Washington D.C. Convenient to Metro and the Takoma Park Maryland Library.

Last Agent to Sell the Property

Walter Davis

(301) 717-1087 WalterDavis@kw.com Realty Professionals 1st Associates, LLC. Listed on: 12/31/2015

Last Buyer's Agent

Susan Verner

(240) 381-8853 susan.verner@lnf.com Long & Foster Real Estate, Inc. License #649475

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,892

Lot Details

  • 6,406 Sq Ft Lot
  • No Building Permits
  • Property is zoned R60

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 161301064644

Property Details

Property Type

Land

Est. Annual Taxes

$4,892

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 51.50

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 6406
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6406.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4892.39
  • Assessor Parcel Number: 161301064644
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2015
Closed on
Jun 15, 2016
Sold by
American Pride Properties Llc
Bought by
Reppert Wesley Jay and Reppert Kirsten Leann
Seller's Agent
Walter Davis
Realty Professionals 1st Associates, LLC.
Buyer's Agent
Susan Verner
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Current Estimated Value
$999,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,421
Avg. Annual Appreciation
13.57%
Original Mortgage
$673,020
Outstanding Balance
$541,039
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$458,382

Purchase Details

Closed on
Jul 14, 2015
Sold by
Montgomery County
Bought by
American Pride Properties Llc

Purchase Details

Closed on
Oct 18, 2010
Sold by
Garrison John R and Garrison N O
Bought by
Maryland Mental Health Care
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reppert Wesley Jay $300,000 Rgs Title Llc
American Pride Properties Llc $52,163 None Available
Maryland Mental Health Care -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reppert Wesley Jay $673,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $300,000 -14.3% $181 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $349,900 -- $211 / 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 $16,471 $922,500 -- --
2024 $16,471 $880,200 $301,900 $578,300
2023 $14,219 $804,067 $0 $0
2022 $12,576 $727,933 $0 $0
2021 $10,792 $651,800 $301,900 $349,900
2020 $10,792 $611,100 $0 $0
2019 $10,110 $570,400 $0 $0
2018 $5,653 $301,900 $301,900 $0
2017 $4,207 $291,467 $0 $0
2016 -- $281,033 $0 $0
2015 $4,461 $270,600 $0 $0
2014 $4,461 $270,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Walter Davis

    Seller's Agent in 2016

    Walter Davis

    Realty Professionals 1st Associates, LLC.

    (301) 717-1087

    Walter Davis
    Section Image
  • Susan Verner

    Buyer's Agent in 2016

    Susan Verner

    Long & Foster

    (240) 381-8853

    48 Total Sales

    Susan Verner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002394273

Bright MLS

APN: 13-01064644

Maryland Montgomery County Takoma Park 20912

36 Philadelphia Ave, Takoma Park, MD

Not Listed for Sale

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