NOT LISTED FOR SALE

508 Fern Place NW Washington, DC 20012

Takoma Neighborhood

Estimated Value: $557,000 - $637,802

3 Beds
2.5 Baths
1,600 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $465,000 $291 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,490/month

57 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Attic
  • French Doors

About This Home

As of July 2020

BACK ON THE MARKET! HUGH PRICE DROP! Another chance to own this property with partial brick construction and large back yard! Shed in the back for lots of storage and deck for entertaining. Neighboring properties have been renovated and are gorgeous! In highly desirable Brightwood/Takoma neighborhood. Walking distance to Takoma Metro stop. Potentially a showcase! This gem has amazing appeal for homeowner or investor! Truly a "diamond in the rough", it will require some work to make it your dream. Pre offer inspections are strongly encouraged as seller would prefer non-contingent offers. Request your viewing today! Viewing disclosure (Hold Harmless) must be signed prior to entry as there is presence of mold in basement and kitchen floor has a soft area.

Last Agent to Sell the Property

Deborah Boddie

(202) 288-0255 dclawyer1@aol.com Samson Properties License #587110 Listed on: 03/11/2020

Samson Properties

Last Buyer's Agent

Aty Biswese

(202) 380-9737 Aty.biswese@thenidgroup.com Nid Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1940

Lot Details

  • 4,650 Sq Ft Lot
  • Cleared Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Slate Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • French Doors
  • Wood Flooring
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Brightwood Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3182//0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Stove, Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Attic
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, French
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 1720
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 370.97
  • Above Grade Finished Sq Ft: 1240
  • Below Grade Finished Sq Ft: 360
  • Below Grade Sq Ft: 120
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Slate
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 145520.00
  • Land Assessed Value: 321830.00
  • Lot Features: Front Yard, Cleared, Rear Yard
  • Lot Size Acres: 0.11
  • Lot Dimensions: 4118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4650.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Major Rehab Needed
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: R1
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16123008
  • Tax Annual Amount: 1555.00
  • Assessor Parcel Number: 3182//0003
  • Tax Lot: 3
  • Tax Year: 2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 9, 2020
Sold by
The Estate Of Shirley S Sturghill
Bought by
Gray Calonie M
Seller's Agent
Deborah Boddie
Samson Properties
Buyer's Agent
Aty Biswese
Nid Group, LLC
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Current Estimated Value
$597,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,451
Avg. Annual Appreciation
4.74%
Original Mortgage
$610,915
Outstanding Balance
$541,529
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$55,922

Purchase Details

Closed on
Feb 11, 1998
Sold by
One Piney Grove Investment Cor
Bought by
Troubetaris John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Jul 3, 1997
Sold by
Bankers Trust
Bought by
One Piney Grove Investment Cor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.86%
Mortgage Type
New Conventional
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
Gray Calonie M $465,000 Smart Settlements Llc
Troubetaris John J -- --
One Piney Grove Investment Cor $72,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Calonie M $610,915
Previous Owner Troubetaris John J $144,800
Previous Owner One Piney Grove Investment Cor $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $465,000 +1.1% $291 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $459,999 -7.8% $287 / Sq Ft
04/03/2020 04/03/20 For Sale $499,000 +7.3% $312 / Sq Ft
03/26/2020 03/26/20 Off Market $465,000 -- --
03/11/2020 03/11/20 For Sale $499,000 -- $312 / 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 $4,282 $593,620 $390,230 $203,390
2024 $4,251 $588,520 $388,320 $200,200
2023 $3,888 $563,540 $382,280 $181,260
2022 $3,579 $499,810 $344,240 $155,570
2021 $3,450 $482,210 $335,680 $146,530
2020 $1,630 $467,350 $321,830 $145,520
2019 $1,556 $454,410 $311,920 $142,490
2018 $1,488 $444,990 $0 $0
2017 $1,356 $417,270 $0 $0
2016 $1,236 $390,760 $0 $0
2015 $1,125 $346,260 $0 $0
2014 $1,027 $311,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Boddie

    Seller's Agent in 2020

    Deborah Boddie

    Samson Properties

    (202) 288-0255

    27 Total Sales

    Deborah Boddie
    Section Image
  • Aty Biswese

    Buyer's Agent in 2020

    Aty Biswese

    Nid Group, LLC

    (202) 380-9737

    52 Total Sales

    Aty Biswese
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC460614

Bright MLS

APN: 3182-0003

District of Columbia District of Columbia County Washington 20012 Takoma

508 Fern Place NW, Washington, DC

Not Listed for Sale

Detached

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