NOT LISTED FOR SALE

721 Erie Ave Unit 4 Takoma Park, MD 20912

Estimated Value: $214,254 - $229,000

2 Beds
1 Bath
604 Sq Ft
$455/mo HOA Fee

Last Sold April 30, 2020

Last sale price $170,000 $281 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,908/month

89 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Stainless Steel Appliances
  • Montgomery Blair High School Rated A+
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2020

Move right into this 2nd floor unit in a charming brick tudor style building that is light filled from an abundance of windows. Living room living entry, 2 bedroom, 1 full bath unit with a fully equipped eat-in kitchen, stainless steel appliances, and desk area. Side entry, rear and street parking, and a quiet setting. Close proximity to Sligo Creek Park and buses to the Red Line Takoma Park Metro Station (1.7 miles away) and the Silver Spring Metro. Everything you need is nearby in downtown Takoma Park and downtown Silver Spring and its location is a commuters delight! Perfect floor plan, high ceilings and hardwood floors. Owner occupant only. City of Takoma Park Closing Cost Assistance Program Available. Call for details.

Last Agent to Sell the Property

Jean Bourne-Pirovic

Long & Foster Real Estate, Inc. License #302454 Listed on: 01/03/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Hannah Clancy-Thompson

TTR Sotheby's International Realty License #225263271

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1935

Lot Details

  • Property is in very good condition

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 604 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Replacement Windows
  • Vinyl Clad Windows
  • Window Screens
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303636440

Community Details

Overview

  • Association fees include water, common area maintenance, reserve funds, sewer, snow removal, trash
  • Low-Rise Condominium
  • Erie Avenue Condo Board Condos
  • Erie Avenue Condominium Community
  • Takoma Park Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,288

Year Built

Built in 1935

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Remarks Public: Move right into this 2nd floor unit in a charming brick tudor style building that is light filled from an abundance of windows. Living room living entry, 2 bedroom, 1 full bath unit with a fully equipped eat-in kitchen, stainless steel appliances, and desk area. Side entry, rear and street parking, and a quiet setting. Close proximity to Sligo Creek Park and buses to the Red Line Takoma Park Metro Station (1.7 miles away) and the Silver Spring Metro. Everything you need is nearby in downtown Takoma Park and downtown Silver Spring and its location is a commuters delight! Perfect floor plan, high ceilings and hardwood floors. Owner occupant only. City of Takoma Park Closing Cost Assistance Program Available. Call for details.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Table Space, Tub Shower, Wood Floors
  • Window Features: Replacement, Screens, Vinyl Clad
  • Fireplace: No
  • Floors In Unit Count: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Basement, Common
  • Total Sq Ft: 604
  • Living Area Sq Ft: 604
  • Price Per Sq Ft: 281.46
  • Above Grade Finished Sq Ft: 604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 721

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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, Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 455.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Erie Avenue Condo Board
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • 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: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 101500.00
  • Land Assessed Value: 43500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14110818
  • Tax Annual Amount: 2288.00
  • Assessor Parcel Number: 161303636440
  • Tax Total Finished Sq Ft: 604
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 30, 2020
Sold by
Nguyen Catherine M
Bought by
Strachan Ann
Seller's Agent
Jean Bourne-Pirovic
Long & Foster Real Estate, Inc.
Buyer's Agent
Hannah Clancy-Thompson
TTR Sotheby's International Realty
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Total Days on Market
89
Current Estimated Value
$222,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,564
Avg. Annual Appreciation
5.12%
Original Mortgage
$161,500
Outstanding Balance
$143,424
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$78,435

Purchase Details

Closed on
Nov 2, 2011
Sold by
Abigails Erie Avenue Llc
Bought by
Nguyen Catherine M

Purchase Details

Closed on
Jun 7, 2011
Sold by
Naka David R and Oldhouser Wilson H
Bought by
Abigails Erie Avenue Llc
Source: Public Records

Range of Values:

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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
Strachan Ann $170,000 Blue Note Title Inc
Nguyen Catherine M $79,000 None Available
Abigails Erie Avenue Llc $260,000 Residential Title & Escrow C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strachan Ann $161,500
Previous Owner Nguyen Catherine M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $170,000 0.0% $281 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $170,000 -5.6% $281 / Sq Ft
02/24/2020 02/24/20 Price Changed $180,000 -5.3% $298 / Sq Ft
01/03/2020 01/03/20 For Sale $190,000 -- $315 / 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 $2,915 $178,333 -- --
2024 $2,915 $170,000 $51,000 $119,000
2023 $3,465 $161,667 $0 $0
2022 $1,845 $153,333 $0 $0
2021 $1,707 $145,000 $43,500 $101,500
2020 $1,652 $141,667 $0 $0
2019 $3,192 $138,333 $0 $0
2018 $2,206 $135,000 $40,500 $94,500
2017 $1,639 $135,000 $0 $0
2016 -- $135,000 $0 $0
2015 $2,406 $135,000 $0 $0
2014 $2,406 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC690288

Bright MLS

APN: 13-03636440