NOT LISTED FOR SALE

505 New York Ave Takoma Park, MD 20912

Estimated Value: $1,033,000 - $1,199,000

4 Beds
3 Baths
2,440 Sq Ft
$462/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $815,000 $334 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,548/month

Highlights

  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • No HOA
  • Takoma Park Elementary School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Belle Ziegler Park

About This Home

As of April 2016

Charming expanded bungalow in the heart of Takoma Park. A one of a kind renovation with historic beauty and modern conveniences. Includes a brand new chef's kitchen, lower level master suite w/ double vanity and walk-in closet, huge family room and 4th bedroom/office. Incredible attention to detail; custom built-ins; hardwood floors, new roof, electrical and sewer; and deck overlooking deep lot.

Last Agent to Sell the Property

Koki Adasi

(240) 994-3941 koki@kokiisthekey.com Compass License #612346 Listed on: 02/25/2016

Compass

Co-Listed By

CJ Rader

(202) 280-9374 cj.rader@compass.com Compass License #SP98371361

Last Buyer's Agent

Margaret Ferris

(202) 438-1524 peggy@sellmeahouse.com Compass License #42018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,016

Year Built

  • Built in 1930 | Remodeled in 2013

Lot Details

  • 0.26 Acre Lot
  • Historic Home
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Recessed Lighting
  • French Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Parking

  • On-Street Parking
  • Off-Street Parking
  • Rented or Permit Required

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 161301078127

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,016

Year Built

Built in 1930 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-02-25
  • Year Built: 1930
  • Year Renovated: 2013
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Refrigerator, Oven/Range - Gas, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Kitchen - Gourmet, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Built-Ins, Upgraded Countertops, Wood Floors, Recessed Lighting
  • Fireplace: No
  • Door Features: French
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Sump Pump, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2690
  • Living Area Sq Ft: 2440
  • Price Per Sq Ft: 401.72
  • Above Grade Finished Sq Ft: 1740
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 250
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • 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: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 169500.00
  • Land Assessed Value: 361200.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011523
  • Tax Annual Amount: 9016.50
  • Assessor Parcel Number: 161301078127
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 19, 2016
Sold by
Dey Matthew S and Dey Judith G
Bought by
Paine Taunton T and Ferraiolo Nicole K
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Margaret Ferris
Compass
List Price
$699,000
Sold Price
$815,000
Premium/Discount to List
$116,000
16.6%
Current Estimated Value
$1,126,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,212
Avg. Annual Appreciation
3.45%
Original Mortgage
$415,000
Outstanding Balance
$330,016
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$796,196

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 25, 2013
Sold by
Stone Susan R and Florence C Stone Trust
Bought by
Dey Matthew S and Dey Judith G
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Koki Adasi
Compass
List Price
$359,000
Sold Price
$344,500
Premium/Discount to List
-$14,500
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%
Original Mortgage
$258,375
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
R Francis R and R Stone F
Bought by
R Francis R and R Stone F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paine Taunton T $815,000 Westcor Land Title Ins Co
Dey Matthew S $344,500 Sage Title Group Inc
R Francis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paine Taunton T $415,000
Previous Owner Dey Matthew S $258,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2016 04/19/16 Sold $815,000 +16.6% $334 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $699,000 +102.9% $286 / Sq Ft
01/25/2013 01/25/13 Sold $344,500 -4.0% $363 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $359,000 0.0% $378 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $359,000 +4.2% $378 / Sq Ft
11/19/2012 11/19/12 Off Market $344,500 -- --
11/19/2012 11/19/12 For Sale $359,000 -- $378 / 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 $19,487 $957,100 $367,100 $590,000
2024 $19,487 $1,134,800 $367,100 $767,700
2023 $12,145 $975,133 $0 $0
2022 $10,595 $815,467 $0 $0
2021 $8,621 $655,800 $367,100 $288,700
2020 $8,621 $591,300 $0 $0
2019 $7,773 $526,800 $0 $0
2018 $6,979 $462,300 $367,100 $95,200
2017 $7,011 $462,300 $0 $0
2016 -- $462,300 $0 $0
2015 $5,637 $530,700 $0 $0
2014 $5,637 $429,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002403369

Bright MLS

APN: 13-01078127