NOT LISTED FOR SALE

621 Elm Ave Takoma Park, MD 20912

Estimated Value: $613,000 - $1,070,000

3 Beds
3 Baths
1,744 Sq Ft
$513/Sq Ft Est. Value

About This Home

This home is located at 621 Elm Ave, Takoma Park, MD 20912 and is currently estimated at $894,706, approximately $513 per square foot. 621 Elm Ave is a home located in Montgomery County with nearby schools including Takoma Park Elementary School, Piney Branch Elementary School, and Maple Valley Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Ires Md Llc
Bought by
Aesamex Md Llc
Current Estimated Value
$894,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$546,659
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$348,047

Purchase Details

Closed on
Apr 27, 2020
Sold by
Lapanne Regina A and Stokes Peggy Ann
Bought by
Ires Md Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1975
Sold by
Lowman Ben C and Lowman Ir
Bought by
Lapanne Lawrence M and R A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Aesamex Md Llc $525,000 Allied Title & Escrow Llc
Ires Md Llc $425,000 District Title A Corporation
Lapanne Lawrence M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aesamex Md Llc $616,000
Previous Owner Ires Md Llc $510,000
Source: Public Records

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 $11,049 $729,000 -- --
2024 $11,049 $632,100 $340,000 $292,100
2023 $10,031 $572,567 $0 $0
2022 $8,720 $513,033 $0 $0
2021 $7,736 $453,500 $340,000 $113,500
2020 $6,882 $453,500 $340,000 $113,500
2019 $6,869 $453,500 $340,000 $113,500
2018 $5,221 $524,400 $371,800 $152,600
2017 $3,924 $486,667 $0 $0
2016 -- $448,933 $0 $0
2015 $6,113 $411,200 $0 $0
2014 $6,113 $411,200 $0 $0
Source: Public Records

Map

Maryland Montgomery County Takoma Park 20912

621 Elm Ave, Takoma Park, MD

Not Listed for Sale

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