NOT LISTED FOR SALE

7001 Westmoreland Ave Takoma Park, MD 20912

Estimated Value: $1,093,000 - $1,455,000

5 Beds
3.5 Baths
2,394 Sq Ft
$532/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $1,400,000 $585 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,775/month

Highlights

  • 0.39 Acre Lot
  • Colonial Architecture
  • No HOA
  • Takoma Park Elementary School Rated A-
  • 1 Fireplace
  • Central Air

About This Home

As of February 2022

For comps purposes only

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 02/17/2022

Last Buyer's Agent

Gali Sapir

(202) 669-4683 gali@galirealtor.com Perennial Real Estate License #0225243426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,456

Year Built

  • Built in 1918

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Basement
  • Connecting Stairway

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P9
  • Assessor Parcel Number 161301070246

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,456

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 2724
  • Living Area Sq Ft: 2394
  • Price Per Sq Ft: 780.38
  • Above Grade Finished Sq Ft: 1794
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 330
  • Total Below Grade Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 299700.00
  • Land Assessed Value: 388000.00
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16814.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010842
  • Tax Annual Amount: 11456.00
  • Assessor Parcel Number: 161301070246
  • Tax Lot: P9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Feb 14, 2022
Sold by
Colin Forhan
Bought by
Hedblom Brenden and Robinson Amy
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Gali Sapir
Perennial Real Estate
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,272,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,256
Avg. Annual Appreciation
-2.48%
Original Mortgage
$1,120,000
Outstanding Balance
$1,040,005
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$232,739

Purchase Details

Closed on
Nov 17, 2020
Sold by
Forhan Colin and Estate Of Thomas F Forhan
Bought by
Forhan Colin

Purchase Details

Closed on
Jun 27, 1997
Sold by
D Philip W and D Roark P
Bought by
Forhan Thomas F and Moriarty Michele A
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
Hedblom Brenden $1,400,000 Commonwealth Land Title
Forhan Colin -- None Available
Forhan Thomas F $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedblom Brenden $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 For Sale $1,400,000 0.0% $585 / Sq Ft
02/14/2022 02/14/22 Sold $1,400,000 -- $585 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
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 $12,893 $794,600 -- --
2024 $12,893 $747,700 $388,000 $359,700
2023 $11,859 $727,700 $0 $0
2022 $11,102 $707,700 $0 $0
2021 $10,765 $687,700 $388,000 $299,700
2020 $10,439 $670,000 $0 $0
2019 $10,134 $652,300 $0 $0
2018 $9,795 $634,600 $388,000 $246,600
2017 $8,623 $588,067 $0 $0
2016 $8,132 $541,533 $0 $0
2015 $8,132 $495,000 $0 $0
2014 $8,132 $495,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gali Sapir

    Buyer's Agent in 2022

    Gali Sapir

    Perennial Real Estate

    (202) 669-4683

    43 in this area

    241 Total Sales

    Gali Sapir
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Map

Source: Bright MLS

MLS Number: MDMC2038406

Bright MLS

APN: 13-01070246

Maryland Montgomery County Takoma Park 20912

7001 Westmoreland Ave, Takoma Park, MD

Not Listed for Sale

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