NOT LISTED FOR SALE

506 Fern Place NW Washington, DC 20012

Takoma Neighborhood

Estimated Value: $463,000 - $652,982

3 Beds
2 Baths
960 Sq Ft
$589/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $335,000 $349 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,335/month

81 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • Upgraded Countertops
  • Colonial Architecture
  • 1 Fireplace
  • 90% Forced Air Heating and Cooling System

About This Home

As of August 2012

Stunning renovation in historic Takoma Park. Walking distance to Takoma Park Metro. Brand new kitchen with granite counters, stainless steel appliances, new cabinets and built in seating in the eat in kitchen. Bathrooms have just been updated and really shine. New patio in back is great for summer cookouts. Fully fenced in yard with full privacy fence around the perimeter. Gorgeous wood floors.

Last Agent to Sell the Property

Greg Allen

(703) 785-3797 greg@expresshomebuyers.com EXP Realty, LLC License #0225103893 Listed on: 05/04/2012

EXP Realty, LLC

Last Buyer's Agent

Peter Frias

(202) 744-8973 petercfrias@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,670

Year Built

  • 1940

Lot Details

  • 4,397 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Basement Entry

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 840
  • Assessor Parcel Number 3182//0840

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,670

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Kitchen - Table Space, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Full, Partially Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 110340.00
  • Land Assessed Value: 203800.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4397
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4397.00
  • Soil Types: Unknown
  • In City Limits: Yes

Tax Info

  • Assessor Parcel Number: 16055548
  • Tax Annual Amount: 2670.19
  • Assessor Parcel Number: 3182//0840
  • Tax Lot: 840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
Aug 24, 2012
Sold by
Metro Dc 1 Llc
Bought by
Hobbs Monty
Seller's Agent
Greg Allen
EXP Realty, LLC
Buyer's Agent
Peter Frias
Samson Properties
List Price
$374,900
Sold Price
$335,000
Premium/Discount to List
-$39,900
-10.64%
Current Estimated Value
$565,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,496
Avg. Annual Appreciation
4.02%
Original Mortgage
$335,000
Outstanding Balance
$230,148
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$335,348

Purchase Details

Listed on
Dec 20, 2011
Closed on
Mar 12, 2012
Sold by
Lee Furman Wardell
Bought by
Metro Dc I Llc
Seller's Agent
Sharon Telfair
Senate Real Estate Services LLC
Buyer's Agent
Tom Parmentier
KW United
List Price
$345,000
Sold Price
$225,000
Premium/Discount to List
-$120,000
-34.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.18%
Original Mortgage
$252,500
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hobbs Monty $335,000 --
Metro Dc I Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Monty $335,000
Previous Owner Metro Dc I Llc $252,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2012 08/24/12 Sold $335,000 -4.3% $349 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
06/26/2012 06/26/12 Price Changed $349,900 -2.8% $364 / Sq Ft
05/15/2012 05/15/12 Price Changed $359,900 -4.0% $375 / Sq Ft
05/04/2012 05/04/12 For Sale $374,900 +66.6% $391 / Sq Ft
03/12/2012 03/12/12 Sold $225,000 -15.4% $234 / Sq Ft View Prior Sale
02/10/2012 02/10/12 Pending -- -- --
02/06/2012 02/06/12 Price Changed $265,900 -3.6% $277 / Sq Ft
01/20/2012 01/20/12 Price Changed $275,900 -8.0% $287 / Sq Ft
01/11/2012 01/11/12 Price Changed $299,999 -13.0% $312 / Sq Ft
12/20/2011 12/20/11 For Sale $345,000 -- $359 / 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 $4,433 $611,370 $385,840 $225,530
2024 $4,434 $608,720 $383,900 $224,820
2023 $4,098 $582,990 $377,920 $205,070
2022 $3,770 $522,240 $340,680 $181,560
2021 $3,649 $505,680 $332,240 $173,440
2020 $3,529 $490,830 $318,870 $171,960
2019 $3,309 $483,160 $308,930 $174,230
2018 $3,020 $475,130 $0 $0
2017 $2,752 $449,300 $0 $0
2016 $2,508 $423,840 $0 $0
2015 $2,282 $381,680 $0 $0
2014 $2,084 $343,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Greg Allen

    EXP Realty, LLC

    (703) 785-3797

    9 Total Sales

    Greg Allen
    Section Image

  • S

    Seller's Agent in 2012

    Sharon Telfair

    Senate Real Estate Services LLC

  • Peter Frias

    Buyer's Agent in 2012

    Peter Frias

    Samson Properties

    (202) 744-8973

    52 Total Sales

    Peter Frias
    Section Image

  • T

    Buyer's Agent in 2012

    Tom Parmentier

    KW United

See All Agents

Map

Source: Bright MLS

MLS Number: 1003971740

Bright MLS

APN: 3182-0840

District of Columbia District of Columbia County Washington 20012 Takoma

506 Fern Place NW, Washington, DC

Not Listed for Sale

Detached

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