NOT LISTED FOR SALE

Estimated Value: $461,335 - $498,000

3 Beds
1 Bath
1,196 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $428,000 $358 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,046/month

4 Days on Market

Highlights

  • 0.16 Acre Lot
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Welcome to 7309 16th Ave! This charming all brick home is situated on a spacious lot in Takoma Park and features numerous updates throughout. A bright living room with a fireplace and built-in shelving welcomes you into the home. The hardwood floors throughout the home have been recently refinished. The main and upper levels have been freshly painted. The kitchen has been updated with butcher block countertops, stainless steel appliances and new luxury vinyl plank flooring. There are three bedrooms on the upper level, as well as recently renovated full bathroom. Replacement windows were recently installed throughout most of the home. The chimney crown was recently rebuilt, with a new cap installed. The lower level is unfinished and provides ample storage space, or gives the new owner a blank canvas to add additional living space. Convenient to major commuter routes, shopping, trails and public transportation.

Last Agent to Sell the Property

Matthew Spence

The KW Collective License #647310 Listed on: 06/09/2022

The KW Collective

Last Buyer's Agent

Andy Rubin

RE/MAX Realty Centre, Inc. License #653678

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1947

Lot Details

  • 6,875 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R55

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Carole Highlands Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 17171860741

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,907

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-06-09
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 7309 16th Ave! This charming all brick home is situated on a spacious lot in Takoma Park and features numerous updates throughout. A bright living room with a fireplace and built-in shelving welcomes you into the home. The hardwood floors throughout the home have been recently refinished. The main and upper levels have been freshly painted. The kitchen has been updated with butcher block countertops, stainless steel appliances and new luxury vinyl plank flooring. There are three bedrooms on the upper level, as well as recently renovated full bathroom. Replacement windows were recently installed throughout most of the home. The chimney crown was recently rebuilt, with a new cap installed. The lower level is unfinished and provides ample storage space, or gives the new owner a blank canvas to add additional living space. Convenient to major commuter routes, shopping, trails and public transportation.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1794
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 334.36
  • Above Grade Finished Sq Ft: 1196
  • Below Grade Sq Ft: 598
  • Total Below Grade Sq Ft: 598
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7309

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt, Shingle
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 208700.00
  • Land Assessed Value: 115500.00
  • Land Use Code: R
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6875.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R55
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14608116
  • Tax Annual Amount: 4907.00
  • Assessor Parcel Number: 17171860741
  • Tax Lot: 23
  • Tax Page Number: 200
  • Tax Total Finished Sq Ft: 1196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/11/2022

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 11, 2022
Sold by
Joy Costley Elizabeth
Bought by
Loh Margarette Susan
Seller's Agent
Matthew Spence
The KW Collective
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$399,900
Sold Price
$428,000
Premium/Discount to List
$28,100
7.03%
Current Estimated Value
$479,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,084
Avg. Annual Appreciation
3.30%
Original Mortgage
$413,715
Outstanding Balance
$397,942
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$75,786

Purchase Details

Closed on
Oct 15, 1959
Bought by
Costley Costley and Costley Cecelia R
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
Loh Margarette Susan $428,000 First Title & Escrow
Costley Costley $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loh Margarette Susan $413,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $428,000 0.0% $358 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 Off Market $428,000 -- --
06/09/2022 06/09/22 For Sale $399,900 -- $334 / 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
2024 $5,216 $324,200 $115,500 $208,700
2023 $5,113 $317,300 $0 $0
2022 $5,010 $310,400 $0 $0
2021 $2,505 $303,500 $100,200 $203,300
2020 $4,727 $291,333 $0 $0
2019 $3,998 $279,167 $0 $0
2018 $4,365 $267,000 $75,200 $191,800
2017 $3,536 $239,100 $0 $0
2016 -- $211,200 $0 $0
2015 $3,505 $183,300 $0 $0
2014 $3,505 $183,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2045698

Bright MLS

APN: 17-1860741