707 New York Ave Takoma Park, MD 20912
Estimated payment $3,914/month
Highlights
- Very Popular Property
- 0.48 Acre Lot
- Wood Flooring
- Takoma Park Middle School Rated A
- Colonial Architecture
- 4-minute walk to Silver Spring Intermediate Neighborhood Park
About This Home
The value here is in THE POTENTIAL!!!
This is a 1/2 acre lot in downtown Silver Spring - just on the TP line. It is DIRECTLY ACROSS THE STREET & NEXT DOOR TO Montgomery County College Campus! The lot is level and spacious! This is perfect for a re-build/ extension/ renovation to become a group house for students attending MoCo College!
Building plans are included! MoCo College needs the housing for current students! This will become a great rental investment!
Does not fall under TP historic restrictions!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,822
Year Built
- Remodeled in 2026
Lot Details
- 0.48 Acre Lot
- Property is in excellent condition
Home Design
- Colonial Architecture
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 1,050 Sq Ft Home
- 1 Fireplace
- Wood Flooring
Parking
- 10 Parking Spaces
- 10 Driveway Spaces
- Dirt Driveway
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Radiator
- Natural Gas Water Heater
Community Details
- Takoma Park Subdivision
Listing and Financial Details
- Tax Lot P4
- Assessor Parcel Number 161301062383
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,822 | $613,600 | $401,400 | $212,200 |
| 2024 | $10,822 | $621,700 | $401,400 | $220,300 |
| 2023 | $0 | $594,167 | $0 | $0 |
| 2022 | $9,551 | $566,633 | $0 | $0 |
| 2021 | $8,728 | $539,100 | $401,400 | $137,700 |
| 2020 | $8,728 | $523,767 | $0 | $0 |
| 2019 | $8,463 | $508,433 | $0 | $0 |
| 2018 | $8,174 | $493,100 | $401,400 | $91,700 |
| 2017 | $8,054 | $483,433 | $0 | $0 |
| 2016 | -- | $473,767 | $0 | $0 |
| 2015 | $8,094 | $464,100 | $0 | $0 |
| 2014 | $8,094 | $464,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $550,000 | -7.6% | $524 / Sq Ft |
| 08/09/2025 08/09/25 | For Sale | $595,000 | -3.3% | $567 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $615,000 | -6.8% | $584 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $660,000 | -8.3% | $627 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $720,000 | -9.4% | $684 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $795,000 | -- | $755 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $55,000 | New Conventional | |
| Open | $210,000 | New Conventional |
Source: Bright MLS
MLS Number: MDMC2194758
APN: 13-01062383
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