NOT LISTED FOR SALE

7318 Piney Branch Rd Takoma Park, MD 20912

Estimated Value: $1,186,000 - $1,350,000

4 Beds
2.5 Baths
3,196 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,066,000 $334 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,100/month

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • Forced Air Heating and Cooling System
  • Takoma Park Elementary School Rated A-
  • No HOA

About This Home

As of May 2021

for comp purposes only

Last Agent to Sell the Property

Judith Kogod Colwell

(301) 325-4388 judykogod@aol.com Perennial Real Estate License #595376 Listed on: 04/17/2021

Last Buyer's Agent

Judith Kogod Colwell

(301) 325-4388 judykogod@aol.com Perennial Real Estate License #595376 Listed on: 04/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,179

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161301081546

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,179

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 3
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 3888
  • Living Area Sq Ft: 3196
  • Price Per Sq Ft: 380.21
  • Above Grade Finished Sq Ft: 2496
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 692
  • Total Below Grade Sq Ft: 1392
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 327100.00
  • Land Assessed Value: 334400.00
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12442.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011838
  • Tax Annual Amount: 10179.00
  • Assessor Parcel Number: 161301081546
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 14, 2021
Sold by
Gronniger Tracey Thomas and Gronniger Jerome Timothy
Bought by
Livingston Gretchen
Seller's Agent
Judith Kogod Colwell
Perennial Real Estate
Buyer's Agent
Judith Kogod Colwell
Perennial Real Estate
List Price
$1,066,000
Sold Price
$1,066,000
Current Estimated Value
$1,274,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,477
Avg. Annual Appreciation
4.05%
Original Mortgage
$548,250
Outstanding Balance
$495,290
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$779,187

Purchase Details

Listed on
Nov 18, 2016
Closed on
Nov 30, 2016
Sold by
Gamson Neil J and Borrud Lori G
Bought by
Gronniger Tracey Thomas and Gronniger Jerome Timothy
Seller's Agent
Judith Kogod Colwell
Perennial Real Estate
Buyer's Agent
Matthew Modesitt
HomeSmart
List Price
$845,000
Sold Price
$845,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$625,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1993
Sold by
Shipley E M
Bought by
Gamson Neil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.77%

Purchase Details

Closed on
Jul 28, 1993
Sold by
John L D and John Hines S
Bought by
Elizabeth M Shipley
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
Livingston Gretchen $1,066,000 Sage Title Group Llc
Gronniger Tracey Thomas $845,000 Title Forward
Gamson Neil J $245,000 --
Elizabeth M Shipley $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livingston Gretchen $548,250
Previous Owner Gronniger Tracey Thomas $625,500
Previous Owner Gamson Neil J $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $1,066,000 +12.3% $334 / Sq Ft
04/17/2021 04/17/21 Price Changed $949,000 -11.0% $297 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,066,000 +26.2% $334 / Sq Ft
12/30/2016 12/30/16 Sold $845,000 0.0% $339 / Sq Ft View Prior Sale
11/25/2016 11/25/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $845,000 -- $339 / 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 $16,750 $1,015,700 -- --
2024 $16,750 $971,200 $334,400 $636,800
2023 $13,843 $867,967 $0 $0
2022 $12,089 $764,733 $0 $0
2021 $10,384 $661,500 $334,400 $327,100
2020 $9,900 $637,200 $0 $0
2019 $9,487 $612,900 $0 $0
2018 $9,045 $588,600 $334,400 $254,200
2017 $9,144 $580,233 $0 $0
2016 $9,177 $571,867 $0 $0
2015 $9,177 $563,500 $0 $0
2014 $9,177 $563,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judith Kogod Colwell

    Seller's Agent in 2021

    Judith Kogod Colwell

    Perennial Real Estate

    (301) 325-4388

    34 in this area

    70 Total Sales

    Judith Kogod Colwell
    Section Image
  • Matthew Modesitt

    Buyer's Agent in 2016

    Matthew Modesitt

    HomeSmart

    (240) 449-9384

    90 Total Sales

    Matthew Modesitt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC753830

Bright MLS

APN: 13-01081546

Maryland Montgomery County Takoma Park 20912

7318 Piney Branch Rd, Takoma Park, MD

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