Landlord's Agent in 2022
Piero Marinucci
Silver Spring Real Estate
(301) 807-3501
20 Total Sales
407 Elm Ave Takoma Park, MD 20912
Estimated Value: $791,000 - $1,046,000
3
Beds
2.5
Baths
1,974
Sq Ft
$476/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Gourmet Kitchen
- Traditional Floor Plan
- Takoma Park Elementary School Rated A-
- Craftsman Architecture
- 3-minute walk to Spring Park
About This Home
As of October 2022Classic Takoma Park Charm in this Craftsman Style Home. Everything you would expect from a property in this neighborhood: large front porch, wood floors, and vintage wood moldings & doors, PLUS plenty of things you would not expect: Fully renovated, modern kitchen, updated baths, and a finished basement that can serve as a separate living space for in-law, au-pair, friend, etc. Tremendous location is just a few blocks from the DC line, less than 1 mile to the Takoma Park Metro station and all the shops and dining that Takoma Park has to offer, and 1 mile to Sligo Creek Parkway and all the parks, playgrounds, sport courts the trail connects to. Property available November 1.
Last Agent to Rent the Property
(301) 807-3501 piero@silverspringre.com Silver Spring Real Estate License #596047 Listed on: 09/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,075
Year Built
- Built in 1925
Lot Details
- 10,019 Sq Ft Lot
- North Facing Home
- Partially Fenced Property
- Back Yard
- Property is in very good condition
Parking
- 1 Car Direct Access Garage
- 2 Driveway Spaces
- Basement Garage
- Side Facing Garage
- Garage Door Opener
- Gravel Driveway
- Shared Driveway
- On-Street Parking
Home Design
- Craftsman Architecture
- Entry on the 2nd floor
- Block Foundation
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Built-In Features
- Wood Burning Fireplace
- Living Room
- Dining Room
- Sun or Florida Room
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Second Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- In-Law or Guest Suite
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Finished Basement
- English Basement
- Heated Basement
- Connecting Stairway
- Interior and Side Basement Entry
- Basement with some natural light
Outdoor Features
- Shed
Schools
- Takoma Park Elementary And Middle School
- Montgomery Blair High School
Utilities
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Takoma Park Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $3,500
- Requires 1 Month of Rent Paid Up Front
- Tenant pays for cable TV, electricity, gas, water, sewer, all utilities, fireplace/flue cleaning, frozen waterpipe damage, gutter cleaning, insurance, light bulbs/filters/fuses/alarm care, pest control
- The owner pays for real estate taxes
- Rent includes trash removal
- No Smoking Allowed
- 12-Month Min and 24-Month Max Lease Term
- Available 11/1/22
- $40 Application Fee
- Assessor Parcel Number 161303167338
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2018
Closed on
Oct 10, 2018
Sold by
Williams Brenda T
Bought by
Szuchman Jeffrey and Edelman Sonya
Seller's Agent
Indru Jashnani
Apex Realty
Buyer's Agent
Deborah Gerald
Compass
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,124
Avg. Annual Appreciation
7.25%
Original Mortgage
$456,000
Outstanding Balance
$397,659
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$542,465
Purchase Details
Closed on
May 23, 2018
Sold by
Hammond Mary E and Williams Brenda T
Bought by
Williams Brenda T
Purchase Details
Closed on
Aug 20, 2012
Sold by
Hammond Mary E and Williams Darrell T
Bought by
Hammond Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.66%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Sep 19, 2007
Sold by
Hammond James L and Hammond E M
Bought by
Hammond Mary E
Purchase Details
Closed on
Aug 8, 2007
Sold by
Hammond James L and Hammond E M
Bought by
Hammond Mary E
Purchase Details
Closed on
Sep 16, 1970
Sold by
Vincent Raymond L
Bought by
Hammond James L and M E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Szuchman Jeffrey | $570,000 | Multiple | |
| Williams Brenda T | -- | None Available | |
| Hammond Mary E | -- | All Star Title Inc | |
| Hammond Mary E | -- | -- | |
| Hammond Mary E | -- | -- | |
| Hammond James L | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Szuchman Jeffrey | $456,000 | |
| Previous Owner | Hammond Mary E | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2022 10/21/22 | Rented | $3,450 | -1.4% | -- | |
| 09/26/2022 09/26/22 | Under Contract | -- | -- | -- | |
| 09/06/2022 09/06/22 | For Rent | $3,500 | +12.9% | -- | |
| 05/01/2020 05/01/20 | Rented | $3,100 | 0.0% | -- | |
| 04/24/2020 04/24/20 | Under Contract | -- | -- | -- | |
| 04/05/2020 04/05/20 | For Rent | $3,100 | 0.0% | -- | |
| 10/10/2018 10/10/18 | Sold | $570,000 | -5.0% | $387 / Sq Ft | View Prior Sale |
| 08/16/2018 08/16/18 | Pending | -- | -- | -- | |
| 08/05/2018 08/05/18 | For Sale | $599,900 | -- | $407 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,075 | $543,667 | -- | -- |
| 2024 | $9,075 | $522,100 | $333,600 | $188,500 |
| 2023 | $8,533 | $490,500 | $0 | $0 |
| 2022 | $7,731 | $458,900 | $0 | $0 |
| 2021 | $7,205 | $427,300 | $333,600 | $93,700 |
| 2020 | $7,143 | $427,300 | $333,600 | $93,700 |
| 2019 | $6,439 | $427,300 | $333,600 | $93,700 |
| 2018 | $8,144 | $491,700 | $363,900 | $127,800 |
| 2017 | $6,489 | $454,367 | $0 | $0 |
| 2016 | -- | $417,033 | $0 | $0 |
| 2015 | $2,782 | $379,700 | $0 | $0 |
| 2014 | $2,782 | $379,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Piero Marinucci
-
Eve Marinik
Tenant's Agent in 2022
Eve Marinik
Samson Properties
(410) 514-5999
136 Total Sales
-
Indru Jashnani
Seller's Agent in 2018
Indru Jashnani
Apex Realty
(443) 690-6926
23 Total Sales
-
Deborah Gerald
Buyer's Agent in 2018
Deborah Gerald
Compass
(301) 873-0422
6 in this area
73 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2068052
APN: 13-03167338
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