NOT LISTED FOR SALE

503 Elm Ave Takoma Park, MD 20912

Estimated Value: $792,000 - $942,000

4 Beds
2.5 Baths
1,080 Sq Ft
$831/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $640,000 $593 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,802/month

5 Days on Market

Highlights

  • Traditional Floor Plan
  • Backs to Trees or Woods
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Forest Park

About This Home

As of November 2015

Storybook cape, close to everything Takoma! Relax on your large screened porch, or cook up a feast in your renovated kitchen! Afterwards, relax in your lovely living room w/fireplace. Basement is fully finished with a bed/bath, perfect for those visiting in-laws, or a nanny. A shared drive, ends with a one car garage and 2 parking spaces.

Last Agent to Sell the Property

Stacey Styslinger

(240) 351-7635 homewithstacey@gmail.com Compass License #595211 Listed on: 10/02/2015

Compass

Last Buyer's Agent

Bonnie Roberts-Burke

(202) 487-7653 bonburke@gmail.com RLAH @properties License #508907

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,115

Year Built

  • Built in 1945

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Fireplace Mantel
  • Insulated Windows
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Heating and Cooling System
  • Water Dispenser
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P57
  • Assessor Parcel Number 161303172131

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,115

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1945
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Dryer - Front Loading, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Washer - Front Loading, Water Dispenser
  • Interior Amenities: Dining Area, Crown Moldings, Wood Floors, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Daylight, Partial, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Shared Driveway
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 38.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 183300.00
  • Land Assessed Value: 246200.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14067934
  • Tax Annual Amount: 7115.08
  • Assessor Parcel Number: 161303172131
  • Tax Lot: P57
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 19, 2015
Sold by
Moore Christopher C and Moore Katherine R
Bought by
Soloma John T and Soloma Abby B
Seller's Agent
Stacey Styslinger
Compass
Buyer's Agent
Bonnie Roberts-Burke
RLAH @properties
List Price
$629,000
Sold Price
$640,000
Premium/Discount to List
$11,000
1.75%
Current Estimated Value
$896,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,954
Avg. Annual Appreciation
3.42%
Original Mortgage
$512,000
Outstanding Balance
$403,259
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$493,695

Purchase Details

Listed on
May 31, 2012
Closed on
Jul 2, 2012
Sold by
Bass Margot S and Munoz Gorky Francisco Villa
Bought by
Moore Christopher C and Hais Katherine R
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Stacey Styslinger
Compass
List Price
$585,000
Sold Price
$599,500
Premium/Discount to List
$14,500
2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$539,550
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Cullen Erik S A
Bought by
Bass Margot S

Purchase Details

Closed on
Sep 14, 2005
Sold by
Cullen Erik S A
Bought by
Bass Margot S

Purchase Details

Closed on
Jun 27, 2001
Sold by
Hemley Russell J
Bought by
Cullen Erik S A and Cullen Stephanie Sheerin
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
Soloma John T $640,000 First American Title Ins Co
Moore Christopher C $599,500 Tradition Title Llc
Bass Margot S $530,000 --
Bass Margot S $530,000 --
Bass Margot S $530,000 --
Bass Margot S $530,000 --
Cullen Erik S A $341,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soloma John T $512,000
Previous Owner Moore Christopher C $539,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2015 11/20/15 Sold $640,000 +1.7% $593 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $629,000 +4.9% $582 / Sq Ft
07/02/2012 07/02/12 Sold $599,500 +2.5% $555 / Sq Ft View Prior Sale
06/06/2012 06/06/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $585,000 -- $542 / 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 $12,949 $823,600 $316,200 $507,400
2024 $12,949 $749,500 $316,200 $433,300
2023 $11,315 $694,367 $0 $0
2022 $10,002 $639,233 $0 $0
2021 $8,708 $584,100 $316,200 $267,900
2020 $8,708 $564,633 $0 $0
2019 $8,375 $545,167 $0 $0
2018 $8,015 $525,700 $343,700 $182,000
2017 $7,531 $493,633 $0 $0
2016 $5,944 $461,567 $0 $0
2015 $5,944 $429,500 $0 $0
2014 $5,944 $419,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002377681

Bright MLS

APN: 13-03172131