NOT LISTED FOR SALE

7055 Eastern Ave Takoma Park, MD 20912

Estimated Value: $1,205,000 - $1,317,000

4 Beds
3 Baths
2,949 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $1,045,000 $354 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,468/month

Highlights

  • Eat-In Gourmet Kitchen
  • Deck
  • Wood Flooring
  • Takoma Park Elementary School Rated A-
  • Traditional Floor Plan
  • Main Floor Bedroom

About This Home

As of October 2022

Enchanting Takoma Park Beauty, Circa 1918! Totally renovated and ready to move in. This residence provides the perfect combination of vintage charm and modern living spaces with exquisite finishes: handsome moldings, refinished wood flooring, new carpeting, updated bathrooms, a skylight, geometric windows, and other superb architectural details throughout. You’ll find yourself delighted at every turn. There is a welcoming covered front porch and an inviting living room with a bay window. The beautifully renovated quartz kitchen boasts handsome cabinetry with soft close drawers, a Samsung stainless steel appliance suite, a bright breakfast area, and access to the deck. The spacious main level bedroom includes a versatile sitting room, and an adjacent full bathroom. A light and airy upper level offers a sun-drenched family room, three sizeable bedrooms, and two updated full bathrooms, including a generous primary bedroom suite with private double vanity bathroom. An unfinished lower level provides ample storage space. Nice, fenced backyard with a deck, a patio, a shed, plus an additional storage closet. Charming stone front pathway. Enjoy living in eclectic Takoma Park; this location offers all the allure and convenience of this very special area situated just steps from the Red Line Metro station. Enjoy the warm sense of community as well as ready access to shopping, restaurants, and entertainment in both Takoma Park and wonderful, vibrant downtown Silver Spring. Ideally situated near Belle Ziegler Park & playgrounds, Takoma Park Citizens' Center, and steps to schools K-8. Please note, that the seller is a charitable entity and estimated taxes are calculated accordingly.

Last Agent to Sell the Property

Dan Metcalf

(301) 830-1221 dan@finnfamilygroup.com Perennial Real Estate License #515828 Listed on: 08/04/2022

Last Buyer's Agent

Andre Asselin

(240) 702-3852 andreasselin@bhhsfloridarealty.net Long & Foster Real Estate, Inc. License #669720

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $188

Year Built

  • Built in 1918 | Remodeled in 2022

Lot Details

  • 6,498 Sq Ft Lot
  • Lot has 2 tax IDs as referenced in remarks
  • Historic Home
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Bay Window
  • Sliding Windows
  • Casement Windows
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 161301075421

Home Details

Home Type

Single Family

Est. Annual Taxes

$188

Year Built

Built in 1918 | Remodeled in 2022

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-08-04
  • Federal Flood Zone: No
  • Year Built: 1918
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Enchanting Takoma Park Beauty, Circa 1918! Totally renovated and ready to move in. This residence provides the perfect combination of vintage charm and modern living spaces with exquisite finishes: handsome moldings, refinished wood flooring, new carpeting, updated bathrooms, a skylight, geometric windows, and other superb architectural details throughout. You’ll find yourself delighted at every turn. There is a welcoming covered front porch and an inviting living room with a bay window. The beautifully renovated quartz kitchen boasts handsome cabinetry with soft close drawers, a Samsung stainless steel appliance suite, a bright breakfast area, and access to the deck. The spacious main level bedroom includes a versatile sitting room, and an adjacent full bathroom. A light and airy upper level offers a sun-drenched family room, three sizeable bedrooms, and two updated full bathrooms, including a generous primary bedroom suite with private double vanity bathroom. An unfinished lower level provides ample storage space. Nice, fenced backyard with a deck, a patio, a shed, plus an additional storage closet. Charming stone front pathway. Enjoy living in eclectic Takoma Park; this location offers all the allure and convenience of this very special area situated just steps from the Red Line Metro station. Enjoy the warm sense of community as well as ready access to shopping, restaurants, and entertainment in both Takoma Park and wonderful, vibrant downtown Silver Spring. Ideally situated near Belle Ziegler Park & playgrounds, Takoma Park Citizens' Center, and steps to schools K-8. Please note, that the seller is a charitable entity and estimated taxes are calculated accordingly.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Carpet, Concrete
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow, Casement, Skylights, Sliding
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Breakfast Room, Laundry, Storage Room, Bathroom 1, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 3707
  • Living Area Sq Ft: 2949
  • Price Per Sq Ft: 421.52
  • Above Grade Finished Sq Ft: 2574
  • Below Grade Finished Sq Ft: 375
  • Below Grade Sq Ft: 758
  • Total Below Grade Sq Ft: 1133
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7055

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stucco
  • 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Multi Units, Ductless/Mini-Split
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Lot has 2 tax IDs as referenced in remarks
  • Improvement Assessed Value: 346500.00
  • Land Assessed Value: 298300.00
  • Land Use Code: E
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6498.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14011281
  • Tax Annual Amount: 188.00
  • Assessor Parcel Number: 161301075421
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 2949
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/03/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 3, 2022
Sold by
Mary House
Bought by
Bakthavatsalam Prasannaa Venkatesh Ay and Huang Mengyu
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Andre Asselin
Long & Foster Real Estate, Inc.
List Price
$1,085,000
Sold Price
$1,045,000
Premium/Discount to List
-$40,000
-3.69%
Views
24
Current Estimated Value
$1,242,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,753
Avg. Annual Appreciation
5.81%
Original Mortgage
$940,500
Outstanding Balance
$902,587
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$340,166

Purchase Details

Closed on
May 20, 1999
Sold by
Rodriguez Frank G and Rodriguez C M
Bought by
Mary House
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
Bakthavatsalam Prasannaa Venkatesh Ay $1,045,000 Gpn Title
Bakthavatsalam Prasannaa Venkatesh Ay $1,045,000 Gpn Title
Mary House -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakthavatsalam Prasannaa Venkatesh Ay $940,500
Closed Bakthavatsalam Prasannaa Venkatesh Ay $940,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $1,045,000 -3.7% $354 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $1,085,000 -- $368 / 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 $11,166 $820,433 -- --
2024 $11,166 $644,800 $298,300 $346,500
2023 $9,695 $599,300 $0 $0
2022 $9,100 $553,800 $0 $0
2021 $376 $508,300 $298,300 $210,000
2020 $191 $503,767 $0 $0
2019 $113 $499,233 $0 $0
2018 $190 $494,700 $298,300 $196,400
2017 $30 $470,233 $0 $0
2016 -- $445,767 $0 $0
2015 $52 $421,300 $0 $0
2014 $52 $421,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2063198

Bright MLS

APN: 13-01075421