Seller's Agent in 2023
Erich Cabe
Compass
(202) 320-6469
2 in this area
466 Total Sales
711 Colby Ave Takoma Park, MD 20912
Estimated Value: $814,000 - $896,000
5
Beds
3
Baths
1,918
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- No HOA
- 1-minute walk to Colby Neighborhood Park
- Takoma Park Elementary School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of January 2023Welcome to this beautiful newly renovated craftsman style home in Takoma Park set up as two separate units. The upper level offers a generous open floor plan, the primary bedroom has an en suite, there are two additional bedrooms and a full bathroom. The home is flooded with sunlight, has gleaming hardwood floors throughout, a chefs kitchen that opens into the living room great for entertaining and has stainless steel appliances. There is a large balcony off of the living room, washer/dryer and ample storage. The lower level has 2 bedrooms, its own washer/dryer, separate utilities and its own private entrance. The spiral staircase connects the two units but they are both fully separated and private. Great investor opportunity or perfect for an Au-Pair or In-law suite. The home is situated on a large lot, with a rear patio and is fully fenced in. Enjoy living in Takoma park with easy access to shopping, restaurants, and the metro. This is the one you have been waiting for.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,851
Year Built
- Built in 1970
Lot Details
- 10,000 Sq Ft Lot
- Property is zoned R60
Parking
- Driveway
Home Design
- Craftsman Architecture
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Basement
Bedrooms and Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Takoma Park Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 161303174573
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Jan 6, 2023
Sold by
Wood Catherine Amelia
Bought by
Reynolds Melissa and Li Clarence
Seller's Agent
Erich Cabe
Compass
Buyer's Agent
Chad Dudley
Compass
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,747
Avg. Annual Appreciation
6.41%
Original Mortgage
$560,000
Outstanding Balance
$537,018
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$299,729
Purchase Details
Listed on
May 22, 2020
Closed on
Jun 15, 2020
Sold by
Rayme Studio Homes Llc
Bought by
Wood Catherine A and Tikiwala Parth Ashish
Seller's Agent
Katherine Arredondo
Taylor Properties
Buyer's Agent
lynn spiegel
Long & Foster Real Estate, Inc.
List Price
$649,999
Sold Price
$665,000
Premium/Discount to List
$15,001
2.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$631,750
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2019
Sold by
Cunningham Sheldon J and Cunningham Maya Ca
Bought by
Rayme Studio Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,080
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 15, 2016
Closed on
Jul 14, 2016
Sold by
Romero Ramon V and Barrera Blanca
Bought by
Cunningham Sheldon J and Cunningham Maya C A
Seller's Agent
David Maplesden
Samson Properties
Buyer's Agent
Delonte Moore
Keller Williams Capital Properties
List Price
$400,000
Sold Price
$408,000
Premium/Discount to List
$8,000
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$586,186
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 11, 2007
Sold by
Barrera Blanca M
Bought by
Barrera Blanca and Romero Ramon V
Purchase Details
Closed on
Sep 17, 2007
Sold by
Barrera Blanca M
Bought by
Barrera Blanca and Romero Ramon V
Purchase Details
Closed on
Jan 18, 2002
Sold by
Barrow Phyllis
Bought by
Barrera Blanca M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reynolds Melissa | $700,000 | First American Title | |
| Wood Catherine A | $665,000 | Stewart Title Guaranty Co | |
| Rayme Studio Homes Llc | $422,000 | Pinnacle Title & Escrow Inc | |
| Cunningham Sheldon J | $408,000 | First Amer Title Ins Corp | |
| Barrera Blanca | -- | -- | |
| Barrera Blanca | -- | -- | |
| Barrera Blanca M | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reynolds Melissa | $560,000 | |
| Previous Owner | Wood Catherine A | $631,750 | |
| Previous Owner | Rayme Studio Homes Llc | $398,080 | |
| Previous Owner | Cunningham Sheldon J | $586,186 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $700,000 | -3.4% | $365 / Sq Ft | |
| 12/07/2022 12/07/22 | Pending | -- | -- | -- | |
| 11/18/2022 11/18/22 | For Sale | $725,000 | +9.0% | $378 / Sq Ft | |
| 06/15/2020 06/15/20 | Sold | $665,000 | +2.3% | $363 / Sq Ft | View Prior Sale |
| 05/22/2020 05/22/20 | For Sale | $649,999 | +59.3% | $355 / Sq Ft | |
| 07/19/2016 07/19/16 | Sold | $408,000 | +2.0% | $523 / Sq Ft | View Prior Sale |
| 04/26/2016 04/26/16 | Pending | -- | -- | -- | |
| 04/15/2016 04/15/16 | For Sale | $400,000 | -- | $513 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $13,230 | $732,700 | $332,500 | $400,200 |
| 2024 | $13,230 | $766,000 | $332,500 | $433,500 |
| 2023 | $11,019 | $676,967 | $0 | $0 |
| 2022 | $8,516 | $587,933 | $0 | $0 |
| 2021 | $7,689 | $498,900 | $332,500 | $166,400 |
| 2020 | $3,773 | $493,967 | $0 | $0 |
| 2019 | $7,453 | $489,033 | $0 | $0 |
| 2018 | $7,439 | $484,100 | $362,500 | $121,600 |
| 2017 | $6,719 | $437,100 | $0 | $0 |
| 2016 | -- | $390,100 | $0 | $0 |
| 2015 | $5,892 | $343,100 | $0 | $0 |
| 2014 | $5,892 | $343,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erich Cabe
-
Kathryn Dwyer
Seller Co-Listing Agent in 2023
Kathryn Dwyer
Compass
(571) 296-5569
1 in this area
93 Total Sales
-
Chad Dudley
Buyer's Agent in 2023
Chad Dudley
Compass
(240) 994-8625
3 in this area
247 Total Sales
-
K
Seller's Agent in 2020
Katherine Arredondo
Taylor Properties
-
lynn spiegel
Buyer's Agent in 2020
lynn spiegel
Long & Foster
(301) 502-6337
37 Total Sales
-
David Maplesden
Seller's Agent in 2016
David Maplesden
Samson Properties
(202) 270-7253
34 in this area
95 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2076170
APN: 13-03174573
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