NOT LISTED FOR SALE

705 Elm Ave Takoma Park, MD 20912

Estimated Value: $810,480 - $1,015,000

4 Beds
3.5 Baths
2,503 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $786,000 $314 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,825/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Loft
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Forest Park

About This Home

As of July 2019

Huge and beautiful contemporary colonial nestled in lush South-of-Sligo neighborhood. This one has it all: wraparound porch welcomes you to refined interior including immaculate hardwood floors, open kitchen with island, french doors to large composite deck. Upstairs, 4 bedrooms include a truly masterful, lofted owner's suite. Lower level is bright and tidy, and features a modest kitchenette for au pair or in-laws. All just steps to parks, playgrounds, shops, restaurants and transit!

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 05/17/2019

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,252

Year Built

  • Built in 2003

Lot Details

  • 5,102 Sq Ft Lot
  • West Facing Home
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • French Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Dining Area
  • Loft
  • Utility Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Exterior Cameras
  • Alarm System

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161303172288

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,252

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-05-17
  • Federal Flood Zone: No
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Dining Area, Kitchen - Island, Wood Floors, Skylight(s)
  • Window Features: Double Pane, Skylights
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Loft, Utility Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor, Has Laundry, Basement
  • Total Sq Ft: 2763
  • Living Area Sq Ft: 2503
  • Price Per Sq Ft: 366.31
  • Above Grade Finished Sq Ft: 2143
  • Below Grade Finished Sq Ft: 360
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type
  • Exterior Features: Extensive Hardscape
  • Roof: Architectural Shingle
  • Spa: 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: 25.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Exterior Cameras
  • 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

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 259000.00
  • Land Assessed Value: 300600.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5102.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14067946
  • Tax Annual Amount: 9252.00
  • Assessor Parcel Number: 161303172288
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 15, 2019
Sold by
Jones T Meriwether and Brien Jones Teri M O
Bought by
Maria Shetty Rohith and Maria Lemzoudi Yasmine
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$785,000
Sold Price
$786,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$901,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,370
Avg. Annual Appreciation
2.17%
Original Mortgage
$707,400
Outstanding Balance
$618,206
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$283,164

Purchase Details

Closed on
Jul 27, 2006
Sold by
Jones T Meriwether
Bought by
O'Brie Jones T and O'Brie Teri M

Purchase Details

Closed on
Jul 20, 2006
Sold by
Jones T Meriwether
Bought by
O'Brie Jones T and O'Brie Teri M

Purchase Details

Closed on
Aug 19, 2003
Sold by
Fike Scott A
Bought by
Jones T Meriwether

Purchase Details

Closed on
Nov 22, 2002
Sold by
Mooney Thomas J
Bought by
Fike Scott 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
Maria Shetty Rohith $786,000 Security American Title Llc
O'Brie Jones T -- --
O'Brie Jones T -- --
O'Brie Jones T -- --
O'Brie Jones T -- --
Jones T Meriwether $588,300 --
Fike Scott A $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maria Shetty Rohith $707,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $786,000 +0.1% $314 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $785,000 -- $314 / 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 $12,950 $693,400 $300,600 $392,800
2024 $12,950 $752,500 $300,600 $451,900
2023 $12,544 $688,200 $0 $0
2022 $9,700 $623,900 $0 $0
2021 $8,636 $559,600 $300,600 $259,000
2020 $8,622 $559,433 $0 $0
2019 $8,606 $559,267 $0 $0
2018 $8,560 $559,100 $325,700 $233,400
2017 $8,663 $551,467 $0 $0
2016 $9,329 $543,833 $0 $0
2015 $9,329 $536,200 $0 $0
2014 $9,329 $536,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC656974

Bright MLS

APN: 13-03172288