NOT LISTED FOR SALE

514 Albany Ave Takoma Park, MD 20912

Estimated Value: $972,793 - $1,146,000

5 Beds
3 Baths
2,048 Sq Ft
$517/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $700,000 $342 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,741/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Cooling System Utilizes Natural Gas
  • Takoma Park Elementary School Rated A-
  • No HOA
  • 2-minute walk to Belle Ziegler Park

About This Home

As of May 2016

Two-story brick charmer in the heart of Takoma Park.

Last Agent to Sell the Property

Koki Adasi

(240) 994-3941 koki@kokiisthekey.com Compass License #612346 Listed on: 05/12/2016

Compass

Last Buyer's Agent

Kathy Morgan

(301) 370-5675 kathy.morgan@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,160

Year Built

  • Built in 1936

Lot Details

  • 5,726 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area

Kitchen

  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 11B
  • Assessor Parcel Number 161301073318

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,160

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-05-13
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Washer, Dryer, Cooktop, Refrigerator, Stove
  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2580
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 435.98
  • Above Grade Finished Sq Ft: 1548
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 532
  • Total Below Grade Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 255400.00
  • Land Assessed Value: 330400.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5726
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5726.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011098
  • Tax Annual Amount: 8159.74
  • Assessor Parcel Number: 161301073318
  • Tax Lot: 11B
  • 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
May 12, 2016
Closed on
May 27, 2016
Sold by
Smith Lola and Lola Smith Revocable Trust
Bought by
Felix Stehan and Felix Miwako
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Kathy Morgan
Compass
List Price
$674,900
Sold Price
$700,000
Premium/Discount to List
$25,100
3.72%
Current Estimated Value
$1,057,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,948
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Oct 8, 1997
Sold by
L John G and L Smith L
Bought by
Lola Smith Tr
Source: Public Records

Range of Values:

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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
Felix Stehan $700,000 Fatico
Lola Smith Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $700,000 +3.7% $342 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $674,900 -- $330 / 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 $14,108 $808,700 $330,400 $478,300
2024 $14,108 $820,500 $330,400 $490,100
2023 $13,248 $810,667 $0 $0
2022 $12,607 $800,833 $0 $0
2021 $13,210 $791,000 $330,400 $460,600
2020 $13,210 $838,700 $330,400 $508,300
2019 $14,238 $902,167 $0 $0
2018 $8,997 $585,800 $330,400 $255,400
2017 $8,476 $550,567 $0 $0
2016 -- $515,333 $0 $0
2015 $7,717 $480,100 $0 $0
2014 $7,717 $480,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002422911

Bright MLS

APN: 13-01073318