Seller's Agent in 2023
Robert Jennings
Compass
(703) 998-0224
1 in this area
117 Total Sales
7220 Central Ave Takoma Park, MD 20912
Estimated Value: $841,000 - $918,000
4
Beds
2
Baths
1,492
Sq Ft
$580/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Enclosed Patio or Porch
- Takoma Park Elementary School Rated A-
- No HOA
- Built-In Features
About This Home
As of April 2023LOVE TAKOMA PARK? LIVE TAKOMA PARK! Beautiful curb appeal and a welcoming covered entry will have you at hello; then the charm of this home will inspire you to stay. What you will notice first in this home is the light on both the Main and Upper Levels. On the Upper Level, a 2007 addition consistent with the home’s architectural character, includes four bedrooms – each with light from 2 directions; additional windows in the stairwell and loft area add even more light creating a bright and inviting space for sleep, work or guests. Built-in bookcases make the rooms in the addition work equally well as bedrooms or home offices. The original hall bathroom and an open loft area perfect for a TV, reading or homework space complete the Upper Level. On the Main Level, the side staircase opens the space providing both a generous living room featuring an original wood-burning fireplace with handsome built-in bookcases to the right side, and a spacious dining room with lovely ivy-covered wallpaper that brings the outside in while inviting you to step into the glorious screened-in porch. Except for the coldest winter mornings, the screened-in porch is where you will want to start and end your days … morning coffee, al fresco dining, or just kicking back and enjoying the end of another day. An adjacent patio is perfect for grilling, and the fully fenced idyllic backyard is perfect for pets, parties, gardening, and games. An enclosed original side porch off the living room provides an additional fabulously flexible bonus room that can function according to your needs. The large, open basement with a second full bath and laundry room abounds with storage options and can also be finished to create additional living space. Additional features include hardwood floors on the main and upper levels, and a “just-installed” new roof! This quintessential Takoma Park Colonial sits on a convenient and quiet street nestled between Long Branch and Sligo Creeks. Mere blocks away from the Takoma Co-Op, Takoma Park public schools and Old Town Takoma’s charming restaurants, eclectic shops and farmers markets, the home is perched just up the hill from Sligo Creek and the scenic Sligo Creek Trail. At the same time, this residential haven is a short drive to DC, downtown Silver Spring or I-495. If you love Takoma Park, you won’t want to miss this gem!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,481
Year Built
- Built in 1948
Lot Details
- 5,250 Sq Ft Lot
- Property is zoned R60
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Built-In Features
- Wood Burning Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
Partially Finished Basement
- Connecting Stairway
- Interior Basement Entry
- Sump Pump
- Laundry in Basement
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Central Heating and Cooling System
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Takoma Park Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 161303169612
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2023
Closed on
Apr 3, 2023
Sold by
Wayne Claudia E
Bought by
Excell Jason and Excell Carole D
Seller's Agent
Robert Jennings
Compass
Buyer's Agent
Koki Adasi
Compass
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Views
26
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
$55,214
Avg. Annual Appreciation
2.72%
Original Mortgage
$648,000
Outstanding Balance
$630,340
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$233,232
Purchase Details
Closed on
Jan 21, 2004
Sold by
Wayne Claudia E
Bought by
Wayne Claudia E
Purchase Details
Closed on
Apr 3, 1990
Sold by
Kopchinski John J
Bought by
Wayne Claudia E
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 |
|---|---|---|---|
| Excell Jason | $810,000 | None Listed On Document | |
| Wayne Claudia E | -- | -- | |
| Wayne Claudia E | -- | -- | |
| Wayne Claudia E | $166,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Excell Jason | $25,000 | |
| Open | Excell Jason | $648,000 | |
| Previous Owner | Wayne Claudia E | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $810,000 | +1.4% | $543 / Sq Ft |
| 03/07/2023 03/07/23 | Pending | -- | -- | -- |
| 03/02/2023 03/02/23 | For Sale | $799,000 | -- | $536 / 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 | $9,836 | $619,667 | -- | -- |
| 2024 | $9,836 | $569,700 | $326,800 | $242,900 |
| 2023 | $10,514 | $569,067 | $0 | $0 |
| 2022 | $8,789 | $568,433 | $0 | $0 |
| 2021 | $8,466 | $567,800 | $326,800 | $241,000 |
| 2020 | $8,466 | $549,933 | $0 | $0 |
| 2019 | $8,160 | $532,067 | $0 | $0 |
| 2018 | $7,827 | $514,200 | $326,800 | $187,400 |
| 2017 | $7,612 | $498,533 | $0 | $0 |
| 2016 | -- | $482,867 | $0 | $0 |
| 2015 | $6,261 | $467,200 | $0 | $0 |
| 2014 | $6,261 | $467,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Jennings
-
Randall S Lewis
Seller Co-Listing Agent in 2023
Randall S Lewis
Creig Northrop Team of Long & Foster
(202) 904-6585
1 in this area
71 Total Sales
-
Koki Adasi
Buyer's Agent in 2023
Koki Adasi
Compass
(240) 994-3941
2 in this area
307 Total Sales
-
Gabriela Cruz
Buyer Co-Listing Agent in 2023
Gabriela Cruz
Compass
(202) 421-0489
2 in this area
78 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2084044
APN: 13-03169612
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