NOT LISTED FOR SALE

7304 Summit Ave Chevy Chase, MD 20815

Chevy Chase Park Neighborhood

Estimated Value: $1,538,000 - $1,843,000

4 Beds
4.5 Baths
3,614 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $1,049,000 $290 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,239/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Rosemary Hills Elementary School Rated A-
  • Mud Room
  • Upgraded Countertops

About This Home

As of October 2016

Wonderful Home in the Heart of Martins Addition. HOT Opportunity - Real Value! Great Walkability in this Friendly Tree Lined Neighborhood - 5 Min Walk to Brookville Market & Park. Knockout Addition w/Family Room Opening off Kitchen - Granite Island. Bank of Windows Overlook Deep Yard. Delightful Master Suite! Lower Level Perfect for Au Pair. Warm in Character, Fresh Upgrades.

Last Agent to Sell the Property

Judy Cranford

(202) 471-4100 judy@cranfordassociates.com Cranford & Associates License #BR13262 Listed on: 09/28/2016

Last Buyer's Agent

Lee Murphy

(202) 277-7477 lee.murphy@wfp.com Washington Fine Properties, LLC License #SP98358325

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,166

Year Built

  • Built in 1935

Lot Details

  • 8,792 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Rosemary Hills Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Martins Addition Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160700520872

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,166

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1935
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Family Room Off Kitchen, Breakfast Area, Kitchen - Eat-In, Built-Ins, Chair Railings, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Exercise Room, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3614
  • Living Area Sq Ft: 3614
  • Price Per Sq Ft: 436.54
  • Above Grade Finished Sq Ft: 2403
  • Below Grade Finished Sq Ft: 1211
  • Total Below Grade Sq Ft: 1211
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: ROSEMARY HILLS
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Improvement Assessed Value: 408500.00
  • Land Assessed Value: 652000.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8792
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8792.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13924981
  • Tax Annual Amount: 12165.66
  • Assessor Parcel Number: 160700520872
  • Tax Lot: 17
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 31, 2016
Sold by
Lafranchi Howard A and Lafranchi Jane Wods
Bought by
Tampio Kristi Clements and Tampio Alexander Jesse
Seller's Agent
Judy Cranford
Cranford & Associates
Buyer's Agent
Lee Murphy
Washington Fine Properties, LLC
List Price
$1,049,000
Sold Price
$1,049,000
Current Estimated Value
$1,719,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,856
Avg. Annual Appreciation
5.53%
Original Mortgage
$839,200
Outstanding Balance
$675,004
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,044,852

Purchase Details

Closed on
Sep 10, 2001
Sold by
Fritz Richard G
Bought by
Lafranchi Howard A and Lafranchi Jane Woods

Purchase Details

Closed on
Aug 23, 1999
Sold by
Heilprin Jean F
Bought by
Fritz Richard G and Mccartney Christy S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tampio Kristi Clements $1,049,000 Federal Title & Escrow Co
Lafranchi Howard A $640,000 --
Fritz Richard G $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tampio Kristi Clements $839,200
Closed Tampio Kristi Clements $104,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $1,049,000 0.0% $290 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $1,049,000 -- $290 / 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 $16,014 $1,474,600 $753,100 $721,500
2024 $16,014 $1,374,033 $0 $0
2023 $14,384 $1,273,467 $0 $0
2022 $12,469 $1,172,900 $684,600 $488,300
2021 $12,441 $1,172,733 $0 $0
2020 $12,441 $1,172,567 $0 $0
2019 $12,420 $1,172,400 $652,000 $520,400
2018 $12,034 $1,135,100 $0 $0
2017 $12,310 $1,097,800 $0 $0
2016 -- $1,060,500 $0 $0
2015 $10,587 $1,039,933 $0 $0
2014 $10,587 $1,019,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Cranford

    Seller's Agent in 2016

    Judy Cranford

    Cranford & Associates

    (202) 471-4100

    271 Total Sales

    Judy Cranford
    Section Image
  • Lee Murphy

    Buyer's Agent in 2016

    Lee Murphy

    Washington Fine Properties

    (202) 277-7477

    1 in this area

    109 Total Sales

    Lee Murphy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002463321

Bright MLS

APN: 07-00520872

Maryland Montgomery County Chevy Chase 20815 Chevy Chase Park

7304 Summit Ave, Chevy Chase, MD

Not Listed for Sale

Detached

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