NOT LISTED FOR SALE

407 Tulip Ave Unit 102 Takoma Park, MD 20912

Estimated Value: $366,728 - $409,000

2 Beds
1 Bath
962 Sq Ft
$335/mo HOA Fee

Last Sold June 15, 2017

Last sale price $300,000 $312 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,858/month

4 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Double Pane Windows
  • Takoma Park Elementary School Rated A-
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Simplicity Itself! Spacious, updated 2 bedroom in delightful Tulip condominium in the heart of Takoma Park's historic district. Gleaming hardwoods, updated Kitchen with granite & stainless, fresh carpeting. Dedicated parking conveys with the home, just steps to all of downtown TP and Metro! Open Sunday, 5/14, 1-4PM!

Last Agent to Sell the Property

Dan Metcalf

Perennial Real Estate License #515828 Listed on: 05/11/2017

Co-Listed By

Margaret Finn

Perennial Real Estate

Last Buyer's Agent

Marci Wasserman

Perennial Real Estate License #SP98377021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1963 | Remodeled in 2005

Lot Details

  • Southwest Facing Home
  • Property is in very good condition

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 962 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 18
  • Driveway
  • Surface Parking
  • 1 Assigned Parking Space

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303412610

Community Details

Overview

  • Association fees include water, sewer, gas, heat
  • 12 Units
  • Low-Rise Condominium
  • The Tulip Condominium Community
  • Takoma Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,686

Year Built

Built in 1963 | Remodeled in 2005

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Year Renovated: 2005
  • Remarks Public: Simplicity Itself! Spacious, updated 2 bedroom in delightful Tulip condominium in the heart of Takoma Park's historic district. Gleaming hardwoods, updated Kitchen with granite & stainless, fresh carpeting. Dedicated parking conveys with the home, just steps to all of downtown TP and Metro! Open Sunday, 5/14, 1-4PM!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Microwave, Refrigerator
  • Interior Amenities: Combination Dining/Living, Kitchen - Galley, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 962
  • Living Area Sq Ft: 962
  • Price Per Sq Ft: 306.65
  • Above Grade Finished Sq Ft: 962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway, Surface
  • Parking Space Number Assigned: 18
  • Type Of Parking: Driveway

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 335.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Heat
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • School District Key: 121138126809
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 177800.00
  • Land Assessed Value: 76200.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14090851
  • Tax Annual Amount: 3685.52
  • Assessor Parcel Number: 161303412610
  • Tax Total Finished Sq Ft: 962
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/15/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 16, 2017
Sold by
Shacklee Clude Edvard
Bought by
Branstetter Michael L and Baker Jeanne A
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Marci Wasserman
Perennial Real Estate
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$381,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,682
Avg. Annual Appreciation
2.63%
Original Mortgage
$150,000
Outstanding Balance
$82,676
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$288,110

Purchase Details

Closed on
Jul 5, 2007
Sold by
Barham Jeff
Bought by
Shacklee Claude Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Barham Jeff
Bought by
Shacklee Claude Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Kurtinitis Joseph G
Bought by
Barham Jeff and Barham Ellen Parkhurst
Source: Public Records

Range of Values:

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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
Branstetter Michael L $300,000 Sage Title Group Llc
Shacklee Claude Edward $329,000 --
Shacklee Claude Edward $329,000 --
Barham Jeff $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branstetter Michael L $150,000
Previous Owner Shacklee Claude Edward $237,766
Previous Owner Shacklee Claude Edward $263,200
Previous Owner Shacklee Claude Edward $263,200
Previous Owner Barham Jeffrey J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $300,000 +1.7% $312 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $295,000 -- $307 / 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 $5,197 $317,333 -- --
2024 $5,197 $304,000 $91,200 $212,800
2023 $0 $297,333 $0 $0
2022 $4,776 $290,667 $0 $0
2021 $4,233 $284,000 $85,200 $198,800
2020 $0 $274,000 $0 $0
2019 $3,660 $264,000 $0 $0
2018 $3,474 $254,000 $76,200 $177,800
2017 $2,994 $234,000 $0 $0
2016 $2,851 $214,000 $0 $0
2015 $2,851 $194,000 $0 $0
2014 $2,851 $194,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002521519

Bright MLS

APN: 13-03412610