NOT LISTED FOR SALE

407 Tulip Ave Unit 201 Takoma Park, MD 20912

Estimated Value: $384,000 - $420,000

2 Beds
1 Bath
953 Sq Ft
$405/mo HOA Fee

Last Sold September 28, 2023

Last sale price $395,000 $414 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,081/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Stainless Steel Appliances
  • Takoma Park Elementary School Rated A-
  • Upgraded Countertops
  • Built-In Features

About This Home

As of September 2023

Discover urban convenience and contemporary living in this 2 bedroom, 1 bathroom condo nestled in the heart of Takoma Park. The unit boasts hardwood floors that add warmth and character to the space, complemented by large picture windows that flood the interiors with natural light.

Just a brief stroll away, the Takoma Metro Station offers effortless city access, while downtown Takoma Park beckons with its charming boutiques and eateries. With a remarkably low condo fee of $405/month, covering essential amenities like water, trash, gas, and heat, this condo presents an ideal opportunity to relish comfortable living in a sought-after community. This unit comes with two reserved parking spaces in the rear of the building (spots 1 and 16). Embrace the fusion of modern comforts and location convenience by making this Takoma Park gem your new home.

Last Agent to Sell the Property

Lilah Bross

TTR Sotheby's International Realty License #0225233444 Listed on: 08/28/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Ebony Bates

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1963 | Remodeled in 2003

Lot Details

  • 1,873

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 953 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Assigned parking located at #1, 16
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Schools

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

Utilities

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

Additional Features

  • Exterior Lighting
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161303412643

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, gas, lawn maintenance, sewer, snow removal, trash, water, heat
  • 12 Units
  • Low-Rise Condominium
  • The Tulip Condos
  • The Tulip Condominium Community
  • Takoma Park Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,909

Year Built

Built in 1963 | Remodeled in 2003

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-29
  • Federal Flood Zone: No
  • Year Built: 1963
  • Year Renovated: 2003
  • Assigned Parking Space Numbers: 1, 16
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Combination Dining/Living, Dining Area, Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Total Sq Ft: 953
  • Living Area Sq Ft: 953
  • Price Per Sq Ft: 403.99
  • Above Grade Finished Sq Ft: 953
  • 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, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks, Exterior Lighting, Street Lights
  • 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: Asphalt Driveway, Lighted Parking, Parking Space Conveys, Paved Parking, Private, Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 405.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Tulip
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Gas, Lawn Maintenance, Sewer, Snow Removal, Trash, Water, Heat
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R20
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4909.00
  • Assessor Parcel Number: 161303412643
  • Tax Total Finished Sq Ft: 953
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/28/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Sep 27, 2023
Sold by
Caldwell Molly and Delano Marion Anthony
Bought by
Seitz Sarah Kim and Kim Young Soon
Seller's Agent
Lilah Bross
TTR Sotheby's International Realty
Buyer's Agent
Ebony Bates
Berkshire Hathaway HomeServices PenFed Realty
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Views
435
Current Estimated Value
$406,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,085
Avg. Annual Appreciation
-0.64%

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 21, 2020
Sold by
Donahue Claire
Bought by
Delano Marion Anthony and Caldwell Molly
Seller's Agent
George Moore
GO BRENT, INC.
Buyer's Agent
Lilah Bross
TTR Sotheby's International Realty
List Price
$300,000
Sold Price
$330,000
Premium/Discount to List
$30,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$318,390
Interest Rate
3.2%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Donahue Alexander and Donahue Claire
Bought by
Donahue Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
Kurtinitis Joseph G
Bought by
Donahue Alexander and Donahue Claire
Source: Public Records

Range of Values:

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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
Seitz Sarah Kim $395,000 Capitol Settlements
Delano Marion Anthony $330,000 Highland Title & Escrow
Donahue Claire -- None Available
Donahue Alexander $235,000 --
Donahue Alexander $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delano Marion Anthony $318,390
Previous Owner Donahue Claire $181,000
Previous Owner Donahue Claire $184,000
Previous Owner Donahue Alexander $171,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $395,000 +2.6% $414 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $385,000 +16.7% $404 / Sq Ft
07/21/2020 07/21/20 Sold $330,000 +10.0% $346 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $300,000 -- $315 / 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 $5,555 $344,667 -- --
2024 $5,555 $325,000 $97,500 $227,500
2023 $6,016 $311,333 $0 $0
2022 $4,217 $297,667 $0 $0
2021 $3,989 $284,000 $85,200 $198,800
2020 $2,259 $274,000 $0 $0
2019 $4,352 $264,000 $0 $0
2018 $3,474 $254,000 $76,200 $177,800
2017 $2,983 $234,000 $0 $0
2016 -- $214,000 $0 $0
2015 $2,401 $194,000 $0 $0
2014 $2,401 $194,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2103134

Bright MLS

APN: 13-03412643