NOT LISTED FOR SALE

623 Elm Ave Takoma Park, MD 20912

Estimated Value: $556,000 - $781,000

2 Beds
2 Baths
952 Sq Ft
$745/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $750,000 $788 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,435/month

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Takoma Park Elementary School Rated A-
  • Traditional Floor Plan
  • 2-minute walk to Forest Park

About This Home

As of March 2024

Welcome to this quintessential Takoma Park cottage bungalow! With an inviting front porch that gently takes in the evening sun, you'll love this c.1925-built home, replete with superb architectural details, including wonderful woodwork, recessed lighting, gorgeous archways, vintage fittings, and an enchanting display nook. Beautiful block, just 1.1 miles from the Red Line Metro station.

As you step onto the inviting covered front porch, you'll immediately feel at home. The light-filled living room welcomes you with sconce lighting, crown molding, and a brick fireplace. Flowing seamlessly from the living room is an elegant dining room adorned with modern chandelier and shadow box molding.

Off the dining room, the updated kitchen awaits, boasting new Quartz counters, stainless steel appliances, handsome cabinetry, a gas range with griddle, recessed lighting, and a built-in spice rack. Access to the back deck and yard adds convenience and enhances the indoor-outdoor flow. The main level is complete with two bright bedrooms and an updated dual-entry bathroom that opens to the hall and the primary bedroom.

Venture upstairs to discover a huge, floored attic easily accessible via a fixed staircase, offering voluminous storage space. The lower level offers additional living space, including a large recreation room with built-ins, a versatile office with a pass-through to the recreation room, a full bathroom, a laundry area, storage, and a glass-enclosed potting room with access to the side yard.

Outside, the deep, expansive and partially fenced yard offers plenty of room to play, a perfect deck for grilling, and a shed for added storage. This home also features a private driveway for convenient off-street parking.

Enjoy living in eclectic Takoma Park; this location offers all the allure and convenience of this very special area situated just minutes from the Red Line Metro station, the Farmer’s Market, and Sligo Creek Park. Takoma Park has a warm sense of community, as well as ready access to shopping, Lidl Grocery Store, restaurants, and entertainment in both Takoma Park and wonderful, vibrant downtown Silver Spring. Ideally situated near several parks including Forest Park and Spring Park. See you there!

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 02/29/2024

Last Buyer's Agent

Margaretha McGrail

(703) 582-1187 margsmcgrail@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,096

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Cottage
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

  • Connecting Stairway
  • Side Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P1
  • Assessor Parcel Number 161303165341

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,096

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-02-29
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley, Recessed Lighting, Upgraded Countertops, Wainscotting, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Office, Recreation Room, Storage Room, Attic, Full Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Improved, Outside Entrance, Side Entrance, Sump Pump
  • Laundry Type: Basement
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 952
  • Price Per Sq Ft: 730.04
  • Above Grade Finished Sq Ft: 952
  • Below Grade Sq Ft: 728
  • Total Below Grade Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 8096.00
  • Assessor Parcel Number: 161303165341
  • Tax Lot: P1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 27, 2024
Sold by
Swick Karen E
Bought by
Secor David H and Secor Erin M
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Margaretha McGrail
Long & Foster Real Estate, Inc.
List Price
$695,000
Sold Price
$750,000
Premium/Discount to List
$55,000
7.91%
Views
125
Current Estimated Value
$708,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,106
Avg. Annual Appreciation
-3.32%
Original Mortgage
$600,000
Outstanding Balance
$591,069
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$117,825

Purchase Details

Closed on
Nov 7, 2023
Sold by
Swick Karen R
Bought by
Swick Karen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Secor David H $750,000 Certified Title
Secor David H $750,000 Certified Title
Swick Karen E -- None Listed On Document
Swick Karen E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Secor David H $600,000
Closed Secor David H $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $750,000 +7.9% $788 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $695,000 -- $730 / 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 $8,430 $561,733 -- --
2024 $8,430 $484,200 $316,200 $168,000
2023 $7,404 $464,867 $0 $0
2022 $7,321 $445,533 $0 $0
2021 $6,470 $426,200 $316,200 $110,000
2020 $6,979 $426,200 $316,200 $110,000
2019 $6,421 $426,200 $316,200 $110,000
2018 $6,530 $434,800 $343,700 $91,100
2017 $7,184 $397,733 $0 $0
2016 -- $360,667 $0 $0
2015 $5,130 $323,600 $0 $0
2014 $5,130 $323,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2121280

Bright MLS

APN: 13-03165341