NOT LISTED FOR SALE

408 Elm Ave Takoma Park, MD 20912

Estimated Value: $707,820 - $790,000

3 Beds
2 Baths
1,648 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $612,000 $371 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,899/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Takoma Park Elementary School Rated A-
  • Loft
  • 3-minute walk to Forest Park

About This Home

As of September 2019

ONE OF A KIND FIND CUSTOM BUILT BRICK 4 LEVEL SPLIT LEVEL W/ CATHEDRAL CEILINGS HARDWOOD FLOORS & PLASTER WALLS SPACIOUS LIGHT FILLED ROOMS & UNIQUE OPEN FLOOR PLAN MANY RECENT IMPROVEMENTS INCLUDE ROOF, FRESHLY PAINTED INTERIOR, GRANITE COUNTERS, WINDOWS, CARPET, ELECTRICAL HEAVY UP, LANDSCAPING & MORE DON'T JUDGE THIS ONE BY FRONT MUCH LARGER AND MORE SPACIOUS THAN IT APPEARS GREAT TAKOMA LOCATION CONVENIENT TO METRO & TAKOMA OLD TOWN SHOPS, RESTAURANTS, PARKS LISTING AGENT IS OWNER NO SATURDAY SHOWINGS PLEASE SELLER RESPECTFULLY REQUESTS SETTLEMENT WITH RGS TITLE TOM RODDEN CONTRACTS TO BE REVIEWED WEDNESDAY 9/11 - 10 AM

Last Agent to Sell the Property

Judith Brockett

(301) 455-6990 judybrockett@verizon.net Long & Foster Real Estate, Inc. License #31765 Listed on: 09/04/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tammy Thomas

(301) 908-2153 tammy@gobrent.co Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,453

Year Built

  • Built in 1961

Lot Details

  • 7,220 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Basement with some natural light
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161303167692

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,453

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2019-09-08
  • Year Built: 1961
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
  • Fireplace: Yes
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Foyer, Laundry, Loft
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Total Sq Ft: 1796
  • Living Area Sq Ft: 1648
  • Price Per Sq Ft: 441.39
  • Above Grade Finished Sq Ft: 1348
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 148
  • Total Below Grade Sq Ft: 448
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway, Off Street

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 165200.00
  • Land Assessed Value: 341600.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7220.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14067499
  • Tax Annual Amount: 8453.00
  • Assessor Parcel Number: 161303167692
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 30, 2019
Sold by
Heine Irene S and The Irene S Heine Living Trust
Bought by
Cherry Bridget Kelly and Cherry Steven Christopher
Seller's Agent
Judith Brockett
Long & Foster Real Estate, Inc.
Buyer's Agent
Tammy Thomas
Compass
List Price
$595,000
Sold Price
$612,000
Premium/Discount to List
$17,000
2.86%
Current Estimated Value
$764,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,955
Avg. Annual Appreciation
3.68%
Original Mortgage
$550,800
Outstanding Balance
$482,529
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$282,426

Purchase Details

Closed on
Dec 29, 2000
Sold by
Heine Irene S
Bought by
Heine Irene S Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cherry Bridget Kelly $612,000 Rgs Title
Heine Irene S Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Bridget Kelly $550,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $612,000 +2.9% $371 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $595,000 -- $361 / 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 $10,451 $530,300 $314,400 $215,900
2024 $10,451 $605,800 $314,400 $291,400
2023 $9,210 $573,800 $0 $0
2022 $8,351 $541,800 $0 $0
2021 $7,818 $509,800 $314,400 $195,400
2020 $7,790 $508,800 $0 $0
2019 $8,453 $507,800 $0 $0
2018 $8,398 $506,800 $341,600 $165,200
2017 $7,494 $471,067 $0 $0
2016 -- $435,333 $0 $0
2015 $7,059 $399,600 $0 $0
2014 $7,059 $399,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judith Brockett

    Seller's Agent in 2019

    Judith Brockett

    Long & Foster

    (301) 455-6990

    4 in this area

    65 Total Sales

    Judith Brockett
    Section Image
  • Tammy Thomas

    Buyer's Agent in 2019

    Tammy Thomas

    Compass

    (301) 908-2153

    5 in this area

    66 Total Sales

    Tammy Thomas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC676154

Bright MLS

APN: 13-03167692

Maryland Montgomery County Takoma Park 20912

408 Elm Ave, Takoma Park, MD

Not Listed for Sale

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