NOT LISTED FOR SALE

628 Elm Ave Takoma Park, MD 20912

Estimated Value: $688,000 - $891,000

3 Beds
1.5 Baths
600 Sq Ft
$1,368/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $437,000 $728 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,070/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Forest Park

About This Home

As of September 2016

Cute, classic Cape w/ Large fenced yard. 1st fl BD and Half Bath. 2 addl bedrooms and bath upstairs. HW floors. Fresh paint inside and exterior. Updated kitchen, new bathroom sinks/features. Large unfinished basement. Off-street driveway parking. Clean. Montgomery Blair school district. Close to charming dtwn Takoma Park amenities, METRO, bus, shopping.

Last Agent to Sell the Property

Barbara Ciment

(301) 346-9126 barbara@ciment.com Perennial Real Estate Listed on: 08/04/2016

Co-Listed By

Emily Lurie

(301) 468-0606 emily.lurie@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gail Chisholm

(240) 393-3945 gail.chisholm@gmail.com Compass License #644031

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1940

Lot Details

  • 5,211 Sq Ft Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 600 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Non-Monitored Security

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Steam
  • Natural Gas Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 33
  • Assessor Parcel Number 161303178230

Community Details

Overview

  • No Home Owners Association
  • Takoma Park HOA

Amenities

  • Community Center
  • Community Library

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,965

Year Built

Built in 1940

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
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Eat-In, Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 600
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600

Beds/Baths

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

Exterior Features

  • Other Structures: 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

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Central
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Non-Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Library
  • HOA Name: TAKOMA PARK
  • HOA: No
  • Senior Community: No

Schools

  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 123500.00
  • Land Assessed Value: 326500.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5211
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5211.00
  • Property Attached Yn: No
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 14068516
  • Tax Annual Amount: 5965.36
  • Assessor Parcel Number: 161303178230
  • Tax Lot: 33
  • 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
Aug 4, 2016
Closed on
Sep 9, 2016
Sold by
Weinstein Erma
Bought by
Barnwell John R and Vanwye Sarah J
Seller's Agent
Barbara Ciment
Perennial Real Estate
Buyer's Agent
Gail Chisholm
Compass
List Price
$410,000
Sold Price
$437,000
Premium/Discount to List
$27,000
6.59%
Current Estimated Value
$820,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,587
Avg. Annual Appreciation
7.06%
Original Mortgage
$415,150
Outstanding Balance
$331,819
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$488,768

Purchase Details

Closed on
Aug 4, 1964
Bought by
Weinstein Erma
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
Barnwell John R $437,000 Fatico
Weinstein Erma $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnwell John R $415,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $437,000 +6.6% $728 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $410,000 -6.2% $683 / Sq Ft
08/04/2016 08/04/16 Off Market $437,000 -- --
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 $8,995 $717,800 -- --
2024 $8,995 $520,300 $301,300 $219,000
2023 $7,463 $476,700 $0 $0
2022 $6,488 $433,100 $0 $0
2021 $5,830 $389,500 $301,300 $88,200
2020 $5,830 $389,500 $301,300 $88,200
2019 $5,818 $389,500 $301,300 $88,200
2018 $6,778 $450,000 $326,500 $123,500
2017 $6,256 $416,833 $0 $0
2016 -- $383,667 $0 $0
2015 $4,805 $350,500 $0 $0
2014 $4,805 $350,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002450743

Bright MLS

APN: 13-03178230