NOT LISTED FOR SALE

7108 Cedar Ave Takoma Park, MD 20912

Estimated Value: $1,177,000 - $1,428,000

3 Beds
2.5 Baths
2,056 Sq Ft
$613/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $1,068,000 $519 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,797/month

Highlights

  • 0.5 Acre Lot
  • 4-minute walk to Takoma
  • Deck
  • Takoma Park Elementary School Rated A-
  • Colonial Architecture
  • Traditional Floor Plan

About This Home

As of June 2013

Exquisite restoration of early 20th century Sears catalog home, The Lexington, a "dignified study in modern colonial architecture" on an amazing 1/2 acre, gorgeously landscaped, in heart of the Historic District steps to Metro. Impeccable interior offers gracious rooms, high ceilings, original woodwork, chic modern kitchen and 4 sets of original French doors! A gem.

Last Agent to Sell the Property

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate Listed on: 05/02/2013

Last Buyer's Agent

Alice Mckenna

(301) 706-0779 alicevmckenna@gmail.com Compass License #519123

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,585

Year Built

  • Built in 1923

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Stone Retaining Walls
  • Landscaped
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry

Home Security

  • Monitored
  • Storm Windows

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Water Fountains
  • Shed
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision, Sears Lexington Model Floorplan

Listing and Financial Details

  • Tax Lot P2
  • Assessor Parcel Number 161301072256

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,585

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1923
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Crown Moldings, Upgraded Countertops, Primary Bath(s), Window Treatments, Wainscotting, Wood Floors, Floor Plan - Traditional
  • Window Features: Casement, Insulated, Storm
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer, Study, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Unfinished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Stone Retaining Walls, Water Fountains
  • Roof: Shingle
  • 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
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 55.77
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 257200.00
  • Land Assessed Value: 399800.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.50
  • Lot Size Area: 21918
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21918.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011010
  • Tax Annual Amount: 11585.05
  • Assessor Parcel Number: 161301072256
  • Tax Lot: P2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Martone Raymond Anthony and Hayden Sara Kathleen
Bought by
Martone Raymond Anthony
Current Estimated Value
$1,259,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$167,483
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,092,092

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 21, 2013
Sold by
Martone Raymond A and Hayden Sara K
Bought by
Martone Raymond Anthony and Hayden Sara Kathleen
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Alice Mckenna
Compass
List Price
$895,000
Sold Price
$1,068,000
Premium/Discount to List
$173,000
19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 17, 2013
Sold by
Cardin Douglas P and Silbernagel Frederick L
Bought by
Martone Raymond A and Hayden Sara K
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Alice Mckenna
Compass
List Price
$895,000
Sold Price
$1,068,000
Premium/Discount to List
$173,000
19.33%

Purchase Details

Closed on
Aug 11, 1995
Sold by
Morgan Lawrence E
Bought by
Cardin Douglas P
Source: Public Records

Range of Values:

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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
Martone Raymond Anthony -- Navy Federal Title Svcs Llc
Martone Raymond Anthony -- Accommodation
Martone Raymond Anthony -- Db Rgs Title Of Beth
Martone Raymond A $1,068,000 Db Rgs Title Of Beth
Cardin Douglas P $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martone Raymond Anthony $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $1,068,000 +19.3% $519 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $895,000 -- $435 / 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 $14,055 $871,467 -- --
2024 $14,055 $805,600 $403,800 $401,800
2023 $13,361 $805,600 $403,800 $401,800
2022 $13,238 $805,600 $403,800 $401,800
2021 $12,928 $810,300 $403,800 $406,500
2020 $12,664 $805,467 $0 $0
2019 $12,571 $800,633 $0 $0
2018 $12,428 $795,800 $403,800 $392,000
2017 $11,397 $749,533 $0 $0
2016 -- $703,267 $0 $0
2015 $9,371 $657,000 $0 $0
2014 $9,371 $657,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Finn

    Seller's Agent in 2013

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Alice Mckenna

    Buyer's Agent in 2013

    Alice Mckenna

    Compass

    (301) 706-0779

    2 in this area

    13 Total Sales

    Alice Mckenna
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003484216

Bright MLS

APN: 13-01072256

Maryland Montgomery County Takoma Park 20912

7108 Cedar Ave, Takoma Park, MD

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