NOT LISTED FOR SALE

407 Tulip Ave Unit 101 Takoma Park, MD 20912

Estimated Value: $295,000 - $417,000

2 Beds
1 Bath
907 Sq Ft
$340/mo HOA Fee

Last Sold August 09, 2019

Last sale price $295,000 $325 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,652/month

18 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Historic Home
  • Takoma Park Elementary School Rated A-
  • Cats Allowed

About This Home

As of August 2019

Spacious 2 bedroom 1 bath condo in an incredible location in the heart of the Takoma Park Historic District. Hardwood floors throughout. Low condo fee includes Gas, Water, and Sewer. Private assigned parking. 0.4 miles to metro. .2 miles to Old Town, Farmers' Market, and numerous restaurants. It doesn't get better than this!

Last Agent to Sell the Property

Marci Wasserman

(301) 807-7246 marci@marciwrealtor.com Perennial Real Estate License #SP98377021 Listed on: 06/20/2019

Last Buyer's Agent

Gail Chisholm

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

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1966

Lot Details

  • 1,873

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 907 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Additional Features

  • Historic Home
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 03412608

Community Details

Overview

  • Association fees include water, trash, gas, sewer
  • Low-Rise Condominium
  • The Tulip Condominium Condos
  • Takoma Park Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,100

Year Built

Built in 1966

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-06-20
  • Federal Flood Zone: No
  • Year Built: 1966
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas
  • Fireplace: No
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 907
  • Living Area Sq Ft: 907
  • Price Per Sq Ft: 325.25
  • Above Grade Finished Sq Ft: 907
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 340.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Tulip Condominium
  • HOA Condo Co-Op Fee Includes: Water, Trash, Gas, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Zoning: R074
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4100.00
  • Assessor Parcel Number: 03412608
  • Tax Lot: 15
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Wheaton Sue K and Wheaton Philip E
Bought by
Wheaton Sue K and Sue K Wheaton Revocable Living
Current Estimated Value
$359,190

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 9, 2019
Sold by
Altman Aaron and Altman David Nichole
Bought by
Wheaton Sue K and Wheaton Philip E
Seller's Agent
Marci Wasserman
Perennial Real Estate
Buyer's Agent
Gail Chisholm
Compass
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$221,250
Outstanding Balance
$193,774
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$165,416

Purchase Details

Closed on
Mar 5, 2004
Sold by
Kurtinitis Joseph G
Bought by
David Nichole and David Aaron Altman

Purchase Details

Closed on
Feb 23, 2004
Sold by
Kurtinitis Joseph G
Bought by
David Nichole and David Aaron Altman
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
Wheaton Sue K -- None Available
Wheaton Sue K $295,000 Sage Title Group Llc
David Nichole $230,000 --
David Nichole $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheaton Sue K $221,250
Closed Wheaton Sue K $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $295,000 0.0% $325 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $295,000 -- $325 / 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 $5,044 $308,333 -- --
2024 $5,044 $295,000 $88,500 $206,500
2023 $4,961 $290,000 $0 $0
2022 $4,701 $285,000 $0 $0
2021 $3,924 $280,000 $84,000 $196,000
2020 $3,760 $270,000 $0 $0
2019 $3,594 $260,000 $0 $0
2018 $3,409 $250,000 $75,000 $175,000
2017 $2,908 $230,000 $0 $0
2016 -- $210,000 $0 $0
2015 $2,321 $190,000 $0 $0
2014 $2,321 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marci Wasserman

    Seller's Agent in 2019

    Marci Wasserman

    Perennial Real Estate

    (301) 807-7246

    39 in this area

    131 Total Sales

    Marci Wasserman
    Section Image
  • Gail Chisholm

    Buyer's Agent in 2019

    Gail Chisholm

    Compass

    (240) 393-3945

    4 in this area

    49 Total Sales

    Gail Chisholm
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC665440

Bright MLS

APN: 13-03412608

Maryland Montgomery County Takoma Park 20912

407 Tulip Ave Unit 101, Takoma Park, MD

Not Listed for Sale

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