Seller's Agent in 2025
Annette Wagner
Centurion Properties
(301) 948-8314
1 in this area
113 Total Sales
721 Erie Ave Unit 7216 Takoma Park, MD 20912
1
Bed
1
Bath
489
Sq Ft
$527/mo
HOA Fee
Highlights
- Penthouse
- Traditional Floor Plan
- Main Floor Bedroom
- Montgomery Blair High School Rated A+
- Wood Flooring
- Tudor Architecture
About This Home
As of May 2025OPEN SUNDAY April 13th 2-4 pm. Experience the allure of this delightful one-bedroom, one-bath corner PENTHOUSE. This distinctive residence features windows on three sides, flooding the space with abundant natural light. Upon entry, the inviting hardwood floors in the living area create an immediate sense of home, enhanced by the sunlight streaming in. The property artfully combines historic charm with a modernized kitchen equipped with stainless steel appliances and an incredible amount of cabinet storage. The generously sized bedroom includes an en suite bath, while the convenience of an in-unit washer, alongside community laundry facilities, adds to its appeal. A garage space and additional storage further enhance this exceptional find, all nestled within a unique pet-friendly condominium community comprising just two buildings and a total of 16 units. Residents will enjoy proximity to the renowned Takoma Park Farmers Market, unique shops, diverse dining options, and convenient access to the Takoma Park Metro Station.
Last Agent to Sell the Property
(301) 948-8314 centurionpropinc@aol.com Centurion Properties License #BR98360796 Listed on: 03/15/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,574
Year Built
- Built in 1935
Lot Details
- Property is in very good condition
HOA Fees
- $527 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Rear-Facing Garage
- Parking Space Conveys
Home Design
- Penthouse
- Tudor Architecture
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 489 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer
Utilities
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 161303636462
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, gas, heat, insurance, lawn care rear, lawn care side, lawn care front, lawn maintenance, management, parking fee, reserve funds, sewer, trash, water, snow removal
- Low-Rise Condominium
- Erie Avenue Condominium Condos
- Erie Avenue Condominium Community
- Takoma Park Subdivision
Amenities
- Laundry Facilities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2025
Closed on
May 16, 2025
Sold by
Crockett Thomas Alan and Crockett Alana Morgan
Bought by
Buchy Lisa M and Longenecker Milo
Seller's Agent
Annette Wagner
Centurion Properties
Buyer's Agent
Rachel Gontkovic
EXP Realty, LLC
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Views
235
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
$8,125
Avg. Annual Appreciation
6.38%
Original Mortgage
$166,500
Outstanding Balance
$166,217
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$22,832
Purchase Details
Closed on
Sep 27, 2018
Sold by
Irwin Thomas P
Bought by
Love Ivy Ruth and Crockett Thomas Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $185,000 | Manor Title | |
| Special Warranty Deed | $185,000 | Manor Title | |
| Deed | $175,000 | Terrain Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $166,500 | New Conventional | |
| Closed | $166,500 | New Conventional | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $152,358 | VA | |
| Previous Owner | $158,332 | VA | |
| Previous Owner | $1,915,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $185,000 | -2.1% | $378 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $189,000 | -- | $387 / 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 | $2,404 | $150,000 | -- | -- |
| 2024 | $2,404 | $140,000 | $42,000 | $98,000 |
| 2023 | $1,712 | $140,000 | $42,000 | $98,000 |
| 2022 | $1,626 | $140,000 | $42,000 | $98,000 |
| 2021 | $1,624 | $140,000 | $42,000 | $98,000 |
| 2020 | $1,597 | $138,333 | $0 | $0 |
| 2019 | $3,137 | $136,667 | $0 | $0 |
| 2018 | $2,206 | $135,000 | $40,500 | $94,500 |
| 2017 | $1,410 | $128,333 | $0 | $0 |
| 2016 | -- | $121,667 | $0 | $0 |
| 2015 | $1,550 | $115,000 | $0 | $0 |
| 2014 | $1,550 | $115,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Annette Wagner
-
Rachel Gontkovic
Buyer's Agent in 2025
Rachel Gontkovic
EXP Realty, LLC
(410) 271-6246
1 in this area
146 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2166736
APN: 13-03636462
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