NOT LISTED FOR SALE

508 New York Ave Takoma Park, MD 20912

Estimated Value: $583,966 - $716,000

2 Beds
1 Bath
864 Sq Ft
$758/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $475,000 $550 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,136/month

Highlights

  • No HOA
  • Cottage
  • Central Air
  • Takoma Park Elementary School Rated A-
  • Breakfast Area or Nook
  • 4-minute walk to Belle Ziegler Park

About This Home

As of August 2016

Amazing corner lot cottage with vaulted ceilings w/ skylights, open floor plan, well maintained pine floors, bright, natural light pristine condition, white kitchen with breakfast bar, huge attic for storage. NEW AC UNIT and new grass and lattice fence on the back yard. Perfect location close to Takoma and Silver Spring MS.

Last Agent to Sell the Property

Giovanna Piskulich

(571) 606-4294 giovanna.piskulich@compass.com Compass License #0225101151 Listed on: 06/23/2016

Compass

Last Buyer's Agent

Victor Llewellyn

(301) 807-4575 victorllewellyn56@gmail.com Long & Foster Real Estate, Inc. License #63983

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,475

Year Built

  • Built in 1941

Lot Details

  • 5,577 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Cottage

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Open Floorplan
  • Basement
  • Side Basement Entry

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Rented or Permit Required

Schools

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

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 16B
  • Assessor Parcel Number 161301068744

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,475

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1941
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Dryer, Refrigerator, Oven/Range - Gas
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Dining/Living
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance
  • Living Area Units: Square Feet

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

  • Construction Materials: Concrete
  • Pool Private: No
  • 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: On Street

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, 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: 77900.00
  • Land Assessed Value: 329300.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5577
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5577.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010708
  • Tax Annual Amount: 6475.00
  • Assessor Parcel Number: 161301068744
  • Tax Lot: 16B
  • 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
Jun 23, 2016
Closed on
Aug 3, 2016
Sold by
Garcia Javier and Clavijo Gemma
Bought by
Finegan Julie A
Seller's Agent
Giovanna Piskulich
Compass
Buyer's Agent
Victor Llewellyn
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$654,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,742
Avg. Annual Appreciation
3.52%
Original Mortgage
$403,750
Outstanding Balance
$321,416
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$333,326

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 18, 2013
Sold by
Carroll Kenneth J
Bought by
Clavijo Gemma and Garcia Javier
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Nicolas MASSON
Long & Foster Real Estate, Inc.
List Price
$385,000
Sold Price
$387,000
Premium/Discount to List
$2,000
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$309,600
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2011
Sold by
Rice Lauren and Rice Brian
Bought by
Carroll Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Rice Lauren and Rice Brian
Bought by
Carroll Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2008
Sold by
Templin Kristine D
Bought by
Rice Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2008
Sold by
Templin Kristine D
Bought by
Rice Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2006
Sold by
Stefanik Patricia M
Bought by
Templin Kristine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1997
Sold by
Sheffield Pamela
Bought by
Stefanik Patricia M

Purchase Details

Closed on
Dec 17, 1993
Sold by
Stewart R A
Bought by
Sheffield Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.03%
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
Finegan Julie A $475,000 Rgs Title Llc
Clavijo Gemma $387,000 Ornt
Carroll Kenneth J $364,000 --
Carroll Kenneth J $364,000 Old Republic Title Insurance
Carroll Kenneth J $364,000 --
Rice Lauren $385,000 --
Rice Lauren $385,000 --
Templin Kristine D $370,000 --
Templin Kristine D $370,000 --
Stefanik Patricia M $148,000 --
Sheffield Pamela $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finegan Julie A $403,750
Previous Owner Clavijo Gemma $309,600
Previous Owner Carroll Kenneth J $324,000
Previous Owner Carroll Kenneth J $324,000
Previous Owner Rice Lauren $365,750
Previous Owner Rice Lauren $365,750
Previous Owner Templin Kristine D $296,000
Previous Owner Templin Kristine D $74,000
Previous Owner Sheffield Pamela $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2016 08/03/16 Sold $475,000 0.0% $550 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $475,000 +22.7% $550 / Sq Ft
11/22/2013 11/22/13 Sold $387,000 +0.5% $448 / Sq Ft View Prior Sale
10/09/2013 10/09/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $385,000 -- $446 / 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 $8,300 $491,100 -- --
2024 $8,300 $481,000 $329,300 $151,700
2023 $7,430 $470,800 $0 $0
2022 $7,569 $460,600 $0 $0
2021 $6,818 $450,400 $329,300 $121,100
2020 $13,188 $436,000 $0 $0
2019 $6,345 $421,600 $0 $0
2018 $6,079 $407,200 $329,300 $77,900
2017 $6,016 $398,333 $0 $0
2016 $5,784 $389,467 $0 $0
2015 $5,784 $380,600 $0 $0
2014 $5,784 $380,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002440543

Bright MLS

APN: 13-01068744