NOT LISTED FOR SALE

507 Ethan Allen Ave Takoma Park, MD 20912

Estimated Value: $444,000 - $491,000

2 Beds
1 Bath
723 Sq Ft
$637/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $339,900 $470 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,946/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Takoma Park Elementary School Rated A-
  • 1 Car Detached Garage
  • 3-minute walk to Forest Park

About This Home

As of September 2020

Tremendous opportunity in Takoma Park! Bring your architect-contractor-and materialize your dream home on this flat, lovely, large (10,000 sq ft) lot with mature trees. Many possibilities abound from this 1930s bungalow in need of a complete rehab-remodel-or razing. 507 Ethan Allen Ave offers a prime location which is an easy sidewalk stroll to the Old Town shops & restaurants-Metro-parks-upcoming Takoma Junction, library, & food Co-op. Set back from the street, this deep lot has off street parking for several cars & a cherry on top--detached garage at the rear of property that could make an excellent artist/writer's space or a rehearsal spot for the band. Cash or construction loans only. Utilities are off/home not currently livable. Home has natural gas, electric, and public water-sewer. Also listed in Land under Bright ID MDMC688130

Last Agent to Sell the Property

Jami Dennis

RE/MAX Realty Centre, Inc. License #0225201917 Listed on: 07/12/2020

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Nathan Tate

RE/MAX Allegiance

RE/MAX Allegiance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1935

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Property is in below average condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161303166378

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Building Winterized: Yes
  • Remarks Public: Tremendous opportunity in Takoma Park! Bring your architect-contractor-and materialize your dream home on this flat, lovely, large (10,000 sq ft) lot with mature trees. Many possibilities abound from this 1930s bungalow in need of a complete rehab-remodel-or razing. 507 Ethan Allen Ave offers a prime location which is an easy sidewalk stroll to the Old Town shops & restaurants-Metro-parks-upcoming Takoma Junction, library, & food Co-op. Set back from the street, this deep lot has off street parking for several cars & a cherry on top--detached garage at the rear of property that could make an excellent artist/writer's space or a rehearsal spot for the band. Cash or construction loans only. Utilities are off/home not currently livable. Home has natural gas, electric, and public water-sewer. Also listed in Land under Bright ID MDMC688130
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 1446
  • Living Area Sq Ft: 723
  • Price Per Sq Ft: 470.12
  • Above Grade Finished Sq Ft: 723
  • Above Grade Unfinished Sq Ft: 723
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Major Rehab Needed, Below Average
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14067385
  • Tax Annual Amount: 4181.86
  • Assessor Parcel Number: 161303166378
  • Tax Year: 2020
  • Close Date: 09/11/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
507 Ethan Allen Ave Llc
Bought by
Carstensz Fund Iii Llc
Current Estimated Value
$460,667

Purchase Details

Listed on
Jul 12, 2020
Closed on
Sep 11, 2020
Sold by
Hoff Carolyn R and Janetta G Love Revocable Trust
Bought by
507 Ethan Allen Ave Llc
Seller's Agent
Jami Dennis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Nathan Tate
RE/MAX Allegiance
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$650,012
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2004
Sold by
Goddard Janetta H
Bought by
Love Janetta G Tr
Source: Public Records

Range of Values:

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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
Carstensz Fund Iii Llc -- None Listed On Document
Carstensz Fund Iii Llc -- None Listed On Document
507 Ethan Allen Ave Llc $339,900 Brennan Title Company
Love Janetta G Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 507 Ethan Allen Ave Llc $932,891
Previous Owner 507 Ethan Allen Ave Llc $650,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $339,900 0.0% $470 / Sq Ft
09/11/2020 09/11/20 Sold $339,900 0.0% $470 / Sq Ft
09/05/2020 09/05/20 Off Market $339,900 -- --
09/05/2020 09/05/20 Off Market $339,900 -- --
07/13/2020 07/13/20 Pending -- -- --
07/13/2020 07/13/20 Pending -- -- --
07/12/2020 07/12/20 Price Changed $339,900 0.0% $470 / Sq Ft
07/12/2020 07/12/20 For Sale $339,900 0.0% $470 / Sq Ft
07/12/2020 07/12/20 For Sale $339,900 0.0% $470 / Sq Ft
07/01/2020 07/01/20 Off Market $339,900 -- --
06/28/2020 06/28/20 For Sale $349,900 0.0% $484 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $349,900 +2.9% $484 / Sq Ft
04/30/2020 04/30/20 Off Market $339,900 -- --
03/05/2020 03/05/20 Price Changed $349,900 0.0% $484 / Sq Ft
03/05/2020 03/05/20 For Sale $349,900 -2.8% $484 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $359,900 -- $498 / 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 $5,297 $299,200 $299,200 --
2024 $5,297 $299,200 $299,200 $0
2023 $5,322 $299,200 $299,200 $0
2022 $6,464 $378,733 $0 $0
2021 $6,280 $367,900 $299,200 $68,700
2020 $6,167 $367,900 $299,200 $68,700
2019 $6,155 $367,900 $299,200 $68,700
2018 $6,408 $385,000 $326,200 $58,800
2017 $5,476 $351,300 $0 $0
2016 -- $317,600 $0 $0
2015 $5,053 $283,900 $0 $0
2014 $5,053 $283,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jami Dennis

    Seller's Agent in 2020

    Jami Dennis

    RE/MAX

    (301) 466-2008

    3 in this area

    69 Total Sales

    Jami Dennis
    Section Image
  • Nathan Tate

    Buyer's Agent in 2020

    Nathan Tate

    RE/MAX

    (202) 262-8819

    3 in this area

    69 Total Sales

    Nathan Tate
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC714164

Bright MLS

APN: 13-03166378

Maryland Montgomery County Takoma Park 20912

507 Ethan Allen Ave, Takoma Park, MD

This home is located at 507 Ethan Allen Ave, Takoma Park, MD 20912 since 12 July 2020 and is currently estimated at $460,667, approximately $637 per square foot. This property was built in 1935. 507 Ethan Allen Ave is a home located in Montgomery County with nearby schools including Takoma Park Elementary School, Piney Branch Elementary School, and Takoma Park Middle School.

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