NOT LISTED FOR SALE

408 Cedar St NW Unit 7 Washington, DC 20012

Takoma Neighborhood

Estimated Value: $259,099 - $310,000

1 Bed
1 Bath
600 Sq Ft
$442/mo HOA Fee

Last Sold July 01, 2015

Last sale price $185,000 $308 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,046/month

Highlights

  • Colonial Architecture
  • 5-minute walk to Takoma
  • 1 Fireplace
  • Traditional Floor Plan
  • Wood Flooring
  • Galley Kitchen

About This Home

As of July 2015

Location, Location, Location. Just 1 block from the Takoma Park Metro! Blocks from TP shops, restaurants, Farmers Market, etc. This great 1 BR condo is ideal for a first time home buyer or even a pied-a-terre. Tenant vacating in July. Pet Friendly & Extra Storage Space! 3% down conventional loan product with No MI for owner occupants available through TD Bank (income limitations).

Last Agent to Sell the Property

Mark Meyerdirk

(202) 489-6150 Mark@UrbanBrokers.com Urban Brokers, LLC Listed on: 05/15/2015

Last Buyer's Agent

Jaime Willis

(202) 494-1325 jaime@compass.com Compass License #SP98375007

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1984 | Remodeled in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Takoma Ec Elementary And Middle School
  • Coolidge Senior High School

Utilities

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

Community Details

  • Moving Fees Required
  • Association fees include common area maintenance, exterior building maintenance, management, insurance, reserve funds
  • Low-Rise Condominium
  • Brightwood Community
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 2007
  • Assessor Parcel Number 3276//2007

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,328

Year Built

Built in 1984 | Remodeled in 2005

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1984
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 600
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 308.33
  • Above Grade Finished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • 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: 441.89
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds
  • HOA Condo Co-Op Rules: Moving Fees Required
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: TAKOMA EC
  • High School: COOLIDGE SENIOR
  • Middle Or Junior School: TAKOMA EC

Lot Info

  • Improvement Assessed Value: 109350.00
  • Land Assessed Value: 46870.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15963259
  • Tax Annual Amount: 1327.87
  • Assessor Parcel Number: 3276//2007
  • Tax Lot: 2007
  • Tax Year: 2010

Multi Family

  • Metering: Electric Separate, Gas Separate

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 1, 2015
Sold by
Roberts Alice M
Bought by
Nye Katharine
Seller's Agent
Mark Meyerdirk
Urban Brokers, LLC
Buyer's Agent
Jaime Willis
Compass
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$285,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,025
Avg. Annual Appreciation
4.27%
Original Mortgage
$148,000
Outstanding Balance
$114,956
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$170,069

Purchase Details

Closed on
May 26, 2000
Sold by
Arias Alcides
Bought by
Lanum Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,420
Interest Rate
8.12%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Watkins Ptns The Gp
Bought by
Arias Alcides and Arias Carmen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Nye Katharine $185,000 --
Lanum Corey $63,800 --
Arias Alcides $70,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nye Katharine $148,000
Previous Owner Lanum Corey $57,420
Previous Owner Arias Alcides $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $185,000 0.0% $308 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $185,000 0.0% $308 / Sq Ft
06/01/2012 06/01/12 Rented $1,350 -3.2% --
06/01/2012 06/01/12 Under Contract -- -- --
04/22/2012 04/22/12 For Rent $1,395 -- --
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 $1,249 $252,410 $75,720 $176,690
2024 $1,266 $251,160 $75,350 $175,810
2023 $1,223 $251,720 $75,520 $176,200
2022 $1,153 $228,120 $68,440 $159,680
2021 $1,170 $227,250 $68,170 $159,080
2020 $1,174 $216,360 $64,910 $151,450
2019 $1,073 $210,750 $63,220 $147,530
2018 $989 $189,660 $0 $0
2017 $928 $181,630 $0 $0
2016 $862 $173,130 $0 $0
2015 $1,115 $166,920 $0 $0
2014 -- $171,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Meyerdirk

    Seller's Agent in 2015

    Mark Meyerdirk

    Urban Brokers, LLC

    (202) 489-6150

    1 in this area

    135 Total Sales

    Mark Meyerdirk
    Section Image
  • Jaime Willis

    Buyer's Agent in 2015

    Jaime Willis

    Compass

    (202) 494-1325

    11 in this area

    174 Total Sales

    Jaime Willis
    Section Image

  • J

    Buyer's Agent in 2012

    Jennifer Goff

    Washington Fine Properties, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001342475

Bright MLS

APN: 3276-2007

District of Columbia District of Columbia County Washington 20012 Takoma

408 Cedar St NW Unit 7, Washington, DC

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