NOT LISTED FOR SALE

701 Kennebec Ave Takoma Park, MD 20912

Estimated Value: $755,000 - $1,016,201

5 Beds
3 Baths
1,908 Sq Ft
$469/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $465,000 $244 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,885/month

43 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • No HOA
  • Montgomery Blair High School Rated A+
  • Corner Lot
  • Galley Kitchen

About This Home

As of September 2015

Unique corner lot 3 flat unit in Takoma Park close to Sligo Creek! The main level unit has 2BD/1BA, a fireplace, front porch, and hardwood floors throughout. The top unit has 2BD/1BA, a fireplace, hardwood floors, and a screened in porch. Live in one unit and rent out the other two or occupy the entire property for yourself! Come see this charming Takoma Park opportunity while it is available.

Last Agent to Sell the Property

Elliot Barber

Long & Foster Real Estate, Inc. License #637018 Listed on: 05/17/2015

Long & Foster Real Estate, Inc.

Co-Listed By

David Maplesden

Long & Foster Real Estate, Inc. License #90067

Last Buyer's Agent

Khalil El-Ghoul

Glass House Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 1948

Lot Details

  • 9,295 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Galley Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Side Basement Entry

Schools

  • Rolling Terrace Elementary School
  • Silver Spring Middle School
  • Montgomery Blair High School

Utilities

  • Cooling Available
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 161301073672

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Upper 1, Upper 2
  • Year Built: 1948
  • Remarks Public: Unique corner lot 3 flat unit in Takoma Park close to Sligo Creek! The main level unit has 2BD/1BA, a fireplace, front porch, and hardwood floors throughout. The top unit has 2BD/1BA, a fireplace, hardwood floors, and a screened in porch. Live in one unit and rent out the other two or occupy the entire property for yourself! Come see this charming Takoma Park opportunity while it is available.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 38.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROLLING TERRACE
  • Middle School: SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • School District Key: 121138126809
  • Elementary School: ROLLING TERRACE
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: SILVER SPRING

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 200600.00
  • Land Assessed Value: 255500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Lot Size Area: 9295
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9295.00
  • Year Assessed: 2015
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011130
  • Tax Annual Amount: 7732.51
  • Assessor Parcel Number: 161301073672
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 1908
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 09/15/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2015
Closed on
Sep 15, 2015
Sold by
Kannard Mary E
Bought by
Quinn John Stephen and Patton Elizabeth Alison
Seller's Agent
Elliot Barber
Long & Foster Real Estate, Inc.
Buyer's Agent
Khalil El-Ghoul
Glass House Real Estate
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Current Estimated Value
$895,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,300
Avg. Annual Appreciation
6.37%
Original Mortgage
$532,981
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2007
Sold by
Christoffers Karl J and Christoffers W I
Bought by
Kennard Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Christoffers Karl J and Christoffers W I
Bought by
Kennard Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Quinn John Stephen $465,000 Fidelity Natl Title Ins Co
Kennard Mary E $437,000 --
Kennard Mary E $437,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn John Stephen $492,200
Closed Patton Elizabeth Alison $532,966
Closed Quinn John Stephen $532,981
Previous Owner Kennard Mary E $349,600
Previous Owner Kennard Mary E $349,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $465,000 -4.1% $244 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/22/2015 06/22/15 Price Changed $485,000 -3.0% $254 / Sq Ft
05/17/2015 05/17/15 For Sale $499,900 -- $262 / 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 $12,545 $765,367 -- --
2024 $12,545 $728,700 $357,200 $371,500
2023 $11,340 $698,733 $0 $0
2022 $10,437 $668,767 $0 $0
2021 $9,456 $638,800 $357,200 $281,600
2020 $9,456 $610,200 $0 $0
2019 $8,973 $581,600 $0 $0
2018 $8,461 $553,000 $357,200 $195,800
2017 $7,980 $520,700 $0 $0
2016 -- $488,400 $0 $0
2015 $7,746 $456,100 $0 $0
2014 $7,746 $456,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002334745

Bright MLS

APN: 13-01073672