NOT LISTED FOR SALE

40 Philadelphia Ave Takoma Park, MD 20912

Estimated Value: $854,000 - $1,046,000

5 Beds
3 Baths
1,532 Sq Ft
$622/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $625,000 $408 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,123/month

6 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2016

Bright, beautiful, updated bungalow, in Historic District. Open floor plan features LR w/ FP open to Din area & new kitchen (2015). Parallel private corridor of BRs and BA, sweet study. Upstairs, add'l BRs, play space and bath. Above ground LL has pleasantly daylit au pair suite or rec rm/guest space, new carpet. Recent zoned CAC & heat (2012) ensure you'll enjoy this delightful home in comfort!

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 08/04/2016

Co-Listed By

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate

Last Buyer's Agent

Gail Chisholm

(240) 393-3945 gail.chisholm@gmail.com Compass License #644031

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,973

Year Built

  • Built in 1923 | Remodeled in 2012

Lot Details

  • 5,117 Sq Ft Lot
  • Back Yard Fenced
  • Historic Home
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • French Doors
  • Combination Dining and Living Room
  • Game Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear and Side Entry
  • Basement Windows

Home Security

  • Monitored
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Humidifier
  • Forced Air Zoned Cooling and Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P20
  • Assessor Parcel Number 161301076937

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,973

Year Built

Built in 1923 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1923
  • Year Renovated: 2012
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Water Heater, Energy Star Clothes Washer, Humidifier
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Entry Level Bedroom, Wood Floors, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Window Features: Storm
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Side Entrance, Daylight, Full, Full, Fully Finished, Partially Finished, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • 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
  • Type Of Parking: Off Street

Utilities

  • Refuse: 51.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 156900.00
  • Land Assessed Value: 263100.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5117
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5117.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011420
  • Tax Annual Amount: 6973.35
  • Assessor Parcel Number: 161301076937
  • Tax Lot: P20
  • Tax Year: 2011

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 19, 2016
Sold by
Mazrui Jamal A and Mazrui Susan P
Bought by
Grear Kristina and Faucillon Stephane
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Gail Chisholm
Compass
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$953,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,477
Avg. Annual Appreciation
4.69%
Original Mortgage
$500,000
Outstanding Balance
$399,381
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$554,096

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 22, 2012
Sold by
Goldgeier Howard J and Chetty Anitha P
Bought by
Mazrui Jamal A and Mazrui Susan P
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Dana Hill
Coldwell Banker Realty - Washington
List Price
$565,000
Sold Price
$558,000
Premium/Discount to List
-$7,000
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$446,400
Interest Rate
3.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2007
Sold by
Iwugo Victor
Bought by
Goldgeier Howard J

Purchase Details

Closed on
Jul 23, 2007
Sold by
Iwugo Victor
Bought by
Goldgeier Howard J

Purchase Details

Closed on
Jul 10, 2007
Sold by
Iwugo Victor
Bought by
Goldgeier Howard J

Purchase Details

Closed on
Jul 2, 2003
Sold by
Cyr Edward C
Bought by
Iwugo Victor and Iwugo Jamie

Purchase Details

Closed on
Aug 15, 2002
Sold by
Schaffzin Nicholas R
Bought by
Cyr Edward C and Cyr Margot Bohan

Purchase Details

Closed on
Jul 26, 1999
Sold by
Penrose Richard E
Bought by
Schaffzin Nicholas R and Young Beth M

Purchase Details

Closed on
Nov 15, 1994
Sold by
Hauptly Denis J
Bought by
Penrose Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grear Kristina $625,000 Rgs Title Of Bethesda
Mazrui Jamal A $558,000 Chicago Title Ins Co
Goldgeier Howard J $525,000 --
Goldgeier Howard J $525,000 --
Goldgeier Howard J $525,000 --
Iwugo Victor $421,500 --
Cyr Edward C $325,200 --
Schaffzin Nicholas R $178,000 --
Penrose Richard E $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grear Kristina $500,000
Previous Owner Mazrui Jamal A $446,400
Previous Owner Penrose Richard E $160,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2016 09/19/16 Sold $625,000 0.0% $408 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $625,000 +12.0% $408 / Sq Ft
06/22/2012 06/22/12 Sold $558,000 -1.2% $364 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $565,000 -- $369 / 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 $13,219 $782,433 -- --
2024 $13,219 $768,300 $293,200 $475,100
2023 $13,044 $717,500 $0 $0
2022 $10,403 $666,700 $0 $0
2021 $9,245 $615,900 $293,200 $322,700
2020 $9,245 $597,367 $0 $0
2019 $8,928 $578,833 $0 $0
2018 $8,582 $560,300 $293,200 $267,100
2017 $7,689 $503,133 $0 $0
2016 $6,281 $445,967 $0 $0
2015 $6,281 $388,800 $0 $0
2014 $6,281 $388,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Metcalf

    Seller's Agent in 2016

    Dan Metcalf

    Perennial Real Estate

    (301) 830-1221

    134 in this area

    221 Total Sales

    Dan Metcalf
    Section Image
  • Margaret Finn

    Seller Co-Listing Agent in 2016

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Gail Chisholm

    Buyer's Agent in 2016

    Gail Chisholm

    Compass

    (240) 393-3945

    4 in this area

    49 Total Sales

    Gail Chisholm
    Section Image
  • Dana Hill

    Buyer's Agent in 2012

    Dana Hill

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 625-4834

    19 Total Sales

    Dana Hill
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002450057

Bright MLS

APN: 13-01076937

Maryland Montgomery County Takoma Park 20912

40 Philadelphia Ave, Takoma Park, MD

Not Listed for Sale

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