NOT LISTED FOR SALE

721 Erie Ave Unit 5 Takoma Park, MD 20912

Estimated Value: $197,000 - $216,000

1 Bed
1 Bath
496 Sq Ft
$370/mo HOA Fee

Last Sold June 02, 2021

Last sale price $185,000 $373 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,759/month

26 Days on Market

Highlights

  • Contemporary Architecture
  • Entry Slope Less Than 1 Foot
  • Community Storage Space
  • Montgomery Blair High School Rated A+
  • Picnic Area
  • Radiator

About This Home

As of June 2021

This is a spectacular and completely renovated condo unit in Takoma Park. This One Bedroom/One Bath condo has been completely restored and has three separate window exposures. Incredibly light-filled! Room for an office or guest sleeping area. The kitchen, gutted, with all new cabinets, mosaic tile floor, quartz counters, and excellent quality of stainless steel appliances. The dishwasher is a Bosch brand, the refrigerator is a Leibherr model, and a GE oven and microwave. The unit has all new hardwood flooring, recessed lights, fixtures, and paint. The bath has a pedestal sink, marble tile, and attractive fixtures. Ample Parking available. METRO approximately 1 mile away and Bus service just steps away. Nearby Sligo Creek Park provides incredible outdoor amenities, including biking, jogging, and walking, field, and playgrounds.

Last Agent to Sell the Property

Thomas Riley

TTR Sotheby's International Realty License #17567 Listed on: 03/30/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Mandy Hursen

RLAH @properties License #SP98363675

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1935

Lot Details

  • 131

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 496 Sq Ft Home
  • Property has 4 Levels

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303636451

Community Details

Overview

  • Association fees include heat, gas, management, lawn maintenance, reserve funds, sewer, water, trash
  • Low-Rise Condominium
  • Takoma Park Subdivision

Amenities

  • Picnic Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,932

Year Built

Built in 1935

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: This is a spectacular and completely renovated condo unit in Takoma Park. This One Bedroom/One Bath condo has been completely restored and has three separate window exposures. Incredibly light-filled! Room for an office or guest sleeping area. The kitchen, gutted, with all new cabinets, mosaic tile floor, quartz counters, and excellent quality of stainless steel appliances. The dishwasher is a Bosch brand, the refrigerator is a Leibherr model, and a GE oven and microwave. The unit has all new hardwood flooring, recessed lights, fixtures, and paint. The bath has a pedestal sink, marble tile, and attractive fixtures. Ample Parking available. METRO approximately 1 mile away and Bus service just steps away. Nearby Sligo Creek Park provides incredible outdoor amenities, including biking, jogging, and walking, field, and playgrounds.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Refrigerator, Oven/Range - Gas, Built-In Microwave
  • Entry Floor: 4
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 496
  • Living Area Sq Ft: 496
  • Price Per Sq Ft: 393.15
  • Above Grade Finished Sq Ft: 496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 721

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: 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: 370.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Picnic Area
  • HOA Condo Co-Op Fee Includes: Heat, Gas, Management, Lawn Maintenance, Reserve Funds, Sewer, Water, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1932.00
  • Assessor Parcel Number: 161303636451
  • Tax Total Finished Sq Ft: 496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/02/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Stefanelli Laura and Brown Shawn Manamshounk
Bought by
Brown Shawn Manamshounk
Current Estimated Value
$208,138

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 2, 2021
Sold by
Local 20850 Llc
Bought by
Stefanelli Laura and Brown Shawn Manamshounk
Seller's Agent
Thomas Riley
TTR Sotheby's International Realty
Buyer's Agent
Mandy Hursen
RLAH @properties
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Jun 2, 2011
Closed on
Nov 28, 2012
Sold by
Abigails Erie Avenue Llc
Bought by
Local 20850 Llc
Seller's Agent
Lourquiza Nichols
Quiza Management, LLC
Buyer's Agent
Lourquiza Nichols
Quiza Management, LLC
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

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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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
Brown Shawn Manamshounk -- Woodland Estate & Title Llc
Stefanelli Laura $185,000 Woodland Estate & Title Llc
Local 20850 Llc $85,000 Dunns Title & Escrow Inc
Abigails Erie Avenue Llc $260,000 Residential Title & Escrow C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Local 20850 Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $185,000 -5.1% $373 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $195,000 +129.4% $393 / Sq Ft
11/28/2012 11/28/12 Sold $85,000 0.0% --
10/19/2012 10/19/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $85,000 -- --
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 $3,085 $190,000 -- --
2024 $3,085 $180,000 $54,000 $126,000
2023 $2,745 $160,000 $0 $0
2022 $2,318 $140,000 $0 $0
2021 $1,988 $120,000 $36,000 $84,000
2020 $1,960 $118,333 $0 $0
2019 $1,932 $116,667 $0 $0
2018 $1,879 $115,000 $34,500 $80,500
2017 $1,988 $115,000 $0 $0
2016 $2,242 $115,000 $0 $0
2015 $2,242 $115,000 $0 $0
2014 $2,242 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750478

Bright MLS

APN: 13-03636451