NOT LISTED FOR SALE

7010 Cherry Ave Takoma Park, MD 20912

Estimated Value: $883,000 - $1,035,000

4 Beds
3 Baths
1,743 Sq Ft
$540/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $605,000 $347 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,329/month

4 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Wooded Lot
  • Takoma Park Elementary School Rated A-
  • Property is near a park
  • 4-minute walk to Sligo Creek North Neighborhood Park

About This Home

As of October 2016

Birdwatchers delight! Spectacularly spacious home nestled in peaceful, forested setting w/ direct access to Sligo Creek. Amenities abound: newer K w/ granite, stainless, refinished hdwds, energy efficient windows, new re-insulation, and attached 2-car garage. All just steps to playgrounds, short bus ride to metro. Pretty, private and perfect - come fall in love!

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 09/22/2016

Co-Listed By

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate

Last Buyer's Agent

Mary Illes

(202) 642-2601 mary@dcmary.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,215

Year Built

  • Built in 1925

Lot Details

  • 6,334 Sq Ft Lot
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Workshop
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Location

  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot P8
  • Assessor Parcel Number 161303173682

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,215

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1925
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Extra Refrigerator/Freezer
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Primary Bath(s), Wood Floors, Entry Level Bedroom, Upgraded Countertops, Crown Moldings, Built-Ins
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Game Room, Bedroom 1, Workshop
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Sump Pump, Full, Partially Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: Trees/Woods, Water
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 41.43
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • 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

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

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 300200.00
  • Lot Features: Backs - Parkland, Trees/Wooded
  • Lot Size Acres: 0.15
  • Lot Size Area: 6334
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6334.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14068081
  • Tax Annual Amount: 7214.52
  • Assessor Parcel Number: 161303173682
  • Tax Lot: P8
  • Tax Page Number: 590
  • Tax Year: 2010

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 19, 2016
Sold by
Kahn Alan S and Skillicorn Jennifer
Bought by
Fresco James A
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Mary Illes
Compass
List Price
$589,000
Sold Price
$605,000
Premium/Discount to List
$16,000
2.72%
Current Estimated Value
$941,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,556
Avg. Annual Appreciation
4.97%
Original Mortgage
$484,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jun 14, 2013
Sold by
Gesuale Steven M and Gesuale Melinda
Bought by
Kahn Alan S and Skillicorn Jennifer
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Kimberly Cestari
Long & Foster Real Estate, Inc.
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$396,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2011
Sold by
Kingsbury Paula and Kingsbury Joyce
Bought by
Gesnale Steven M and Gesnale Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Taylor Jan
Bought by
Kingsbury Paula
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
Fresco James A $605,000 Monarch Title Inc
Kahn Alan S $495,000 First American Title Ins Co
Gesnale Steven M $455,000 Sage Title Group Llc
Kingsbury Paula $412,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fresco James A $484,000
Previous Owner Kahn Alan S $396,000
Previous Owner Gesnale Steven M $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2016 10/26/16 Sold $605,000 +2.7% $347 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $589,000 +19.0% $338 / Sq Ft
06/14/2013 06/14/13 Sold $495,000 0.0% $284 / Sq Ft View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $495,000 -- $284 / 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 $16,451 $885,500 $335,000 $550,500
2024 $16,451 $953,600 $335,000 $618,600
2023 $12,154 $858,500 $0 $0
2022 $10,609 $763,400 $0 $0
2021 $8,591 $668,300 $335,000 $333,300
2020 $8,591 $599,133 $0 $0
2019 $7,746 $529,967 $0 $0
2018 $6,954 $460,800 $335,000 $125,800
2017 $6,766 $447,533 $0 $0
2016 -- $434,267 $0 $0
2015 $7,422 $421,000 $0 $0
2014 $7,422 $421,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002459655

Bright MLS

APN: 13-03173682