Seller's Agent in 2021
Barak Sky
Serhant
(301) 742-5759
35 in this area
811 Total Sales
503 New York Ave Takoma Park, MD 20912
Estimated Value: $1,054,000 - $1,244,000
5
Beds
3
Baths
2,630
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Attic
- Takoma Park Elementary School Rated A-
- Main Floor Bedroom
- Bonus Room
About This Home
As of October 2021Welcome to this spectacular one of a kind home in heart of Takoma Park! This is a fully renovated historic home on one of the most desirable streets. This gorgeous renovation features a spacious open floor plan, offering an unparalleled design and flow that lends itself beautifully to everyday living and entertaining. Meticulous attention to detail in keeping with the original character of the home but upgraded with modern function & finish. Inviting front porch with beautiful wood railing & period trim details. Upon entering the home, you are greeted by an inviting large living room with high ceilings and natural light streaming in from all angles. Original wood trip & baseboard pop off the freshly painted walls. The formal dining room is stunning and offers the perfect backdrop for elegant and sophisticated dinner parties as well as a cozy family dinner. Live out every chefs dream in this beautiful kitchen with custom cabinets, stainless steel appliances, quartz countertops, open shelving spacious prep space and ample storage. The kitchen flows into an open sunlit family room with amazing indoor and outdoor flow that leads to the large two tiered deck overlooking your large private yard with a custom playhouse. Two main floor bedrooms drenched in natural light with large closets and a shared full bath featuring a vintage clawfoot soaking tub & designer tile & fixtures. Upstairs features 3 more bedrooms with lots of storage and a large ensuite bath with gorgeous subway tiled walls and a large shower. The spacious lower level features an open floor plan with a large recreation room, two additional bedrooms with jack and Jill bath. Ample space for home office, an optional media room or fitness suite. Centrally located to downtown Takoma and all that this welcoming part of town has to offer- a short few blocks to Takoma Red Line Metro, Takoma Bev Co Food Co-op, Girl & The Vine Wine Bar, Cielo Rojo, Republic, Scissors and Comb Salon and Ace Hardware. Upgrades in 2020 - New Roof, Full custom kitchen remodel & new appliances, Washer & Dryer, Two tiered deck, Custom A-Frame clubhouse, Dual System HVAC, 3 phase electrical heavy up, Fully finished basement, Bathrooms renovated, Landscaping and yard maintenance , Custom milled entry & exit doors, Custom storm windows, Repaired original windows to home (new ropes & weights, locks, etc), Custom garage door and new concrete pad, Refinished original hardwood floors, Exterior of home painted, Water supply line replaced from street (WSSC)
Last Agent to Sell the Property
(301) 742-5759 baraksky@gmail.com Serhant License #SP600552 Listed on: 09/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,621
Year Built
- Built in 1933
Lot Details
- 0.26 Acre Lot
- Historic Home
- Property is in excellent condition
- Property is zoned R60
Parking
- On-Street Parking
Home Design
- Bungalow
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Family Room Off Kitchen
- Dining Area
- Den
- Bonus Room
- Wood Flooring
- Attic
Kitchen
- Cooktop
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Interior Basement Entry
- Basement with some natural light
Outdoor Features
- Deck
- Porch
Schools
- Takoma Park Elementary And Middle School
- Montgomery Blair High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Takoma Park Subdivision
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 161301079020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2021
Closed on
Oct 26, 2021
Sold by
Palmiero Ian S and Palmiero Cortney
Bought by
Reed Suzanne and Drago Patrick
Seller's Agent
Barak Sky
Serhant
Buyer's Agent
Leslie White
Redfin Corp
List Price
$1,195,000
Sold Price
$1,070,000
Premium/Discount to List
-$125,000
-10.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,220
Avg. Annual Appreciation
2.58%
Original Mortgage
$822,375
Outstanding Balance
$754,606
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$430,614
Purchase Details
Listed on
Dec 4, 2020
Closed on
Oct 6, 2020
Sold by
Nusraty Joseph and Nusraty Temim H
Bought by
Palmiero Ian S and Palmiero Cortney
Seller's Agent
Barak Sky
Serhant
Buyer's Agent
Barak Sky
Serhant
List Price
$750,000
Sold Price
$825,000
Premium/Discount to List
$75,000
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
33.93%
Original Mortgage
$735,220
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 6, 2020
Closed on
Aug 12, 2020
Sold by
Tredway John F and Tredway Karen L
Bought by
Nusraty Temim H and Nusraty Joseph
Seller's Agent
Nurit Coombe
The Agency DC
Buyer's Agent
Barak Sky
Serhant
List Price
$480,000
Sold Price
$491,500
Premium/Discount to List
$11,500
2.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,220
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 1989
Bought by
Tittsler Harold G and M T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reed Suzanne | $1,070,000 | Federal Title & Escrow Co | |
| Palmiero Ian S | $825,000 | Multiple | |
| Nusraty Temim H | $491,500 | Multiple | |
| Tittsler Harold G | $112,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reed Suzanne | $822,375 | |
| Previous Owner | Palmiero Ian S | $735,220 | |
| Previous Owner | Nusraty Temim H | $368,625 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/26/2021 10/26/21 | Sold | $1,070,000 | -2.6% | $407 / Sq Ft | |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- | |
| 09/25/2021 09/25/21 | Price Changed | $1,099,000 | -8.0% | $418 / Sq Ft | |
| 09/16/2021 09/16/21 | For Sale | $1,195,000 | +44.8% | $454 / Sq Ft | |
| 12/05/2020 12/05/20 | Sold | $825,000 | +10.0% | $527 / Sq Ft | View Prior Sale |
| 12/04/2020 12/04/20 | Pending | -- | -- | -- | |
| 12/04/2020 12/04/20 | For Sale | $750,000 | +52.6% | $479 / Sq Ft | |
| 08/12/2020 08/12/20 | Sold | $491,500 | +2.4% | $314 / Sq Ft | View Prior Sale |
| 02/08/2020 02/08/20 | Pending | -- | -- | -- | |
| 02/06/2020 02/06/20 | For Sale | $480,000 | -- | $307 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $18,335 | $978,900 | $367,100 | $611,800 |
| 2024 | $18,335 | $1,068,600 | $367,100 | $701,500 |
| 2023 | $16,542 | $922,767 | $0 | $0 |
| 2022 | $12,215 | $776,933 | $0 | $0 |
| 2021 | $9,810 | $631,100 | $367,100 | $264,000 |
| 2020 | $20,127 | $605,033 | $0 | $0 |
| 2019 | $9,622 | $578,967 | $0 | $0 |
| 2018 | $9,151 | $552,900 | $367,100 | $185,800 |
| 2017 | $8,603 | $526,433 | $0 | $0 |
| 2016 | $8,445 | $499,967 | $0 | $0 |
| 2015 | $8,445 | $473,500 | $0 | $0 |
| 2014 | $8,445 | $473,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barak Sky
-
Anna Mackler
Seller Co-Listing Agent in 2021
Anna Mackler
Serhant
(202) 946-8300
37 in this area
240 Total Sales
-
L
Buyer's Agent in 2021
Leslie White
Redfin Corp
-
Nurit Coombe
Seller's Agent in 2020
Nurit Coombe
The Agency DC
(202) 318-3428
732 Total Sales
-
Itamar Simhony
Seller Co-Listing Agent in 2020
Itamar Simhony
The Agency DC
(301) 728-1248
230 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2016568
APN: 13-01079020
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