NOT LISTED FOR SALE

Estimated Value: $141,000 - $185,000

-- Bed
1 Bath
456 Sq Ft
$282/mo HOA Fee

Last Sold December 04, 2020

Last sale price $139,500 $306 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,284/month

42 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Takoma Park Elementary School Rated A-
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of December 2020

INVESTOR FRIENDLY. Welcome to Takoma Overlook! This freshly painted, gorgeous studio features 475 square feet of modern living. Affordable luxury featuring hardwood flooring and a gourmet kitchen which includes 42" maple cabinets in a cherry finish with sleek black granite counter tops and custom back splash. Stainless steel appliances include a gas stove, dishwasher, microwave and refrigerator. Designated sleeping area and a large walk-in closet makes this the perfect starter home or pied-a-terre. INVESTORS welcomed. ONE ASSIGNED PARKING SPACE # 183 INCLUDED. Low condo fee includes all utilities. PET FRIENDLY building has front office, BBQ picnic area, pool, fitness center, community garden, bike room and extra storage. Lobby is in the process of being redecorated. Note; staging photos are from an identical unit in the building.

Last Agent to Sell the Property

Steven Henry

(202) 210-8111 steven.henry@contprop.com Continental Properties, Ltd. License #36868 Listed on: 09/18/2020

Last Buyer's Agent

Ruben Gomez

(703) 200-6413 ruben@rghomesgroup.com Spring Hill Real Estate, LLC. License #SP200203239

Spring Hill Real Estate, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1967 | Remodeled in 2010

Lot Details

  • Property is in excellent condition

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor
  • Brick Exterior Construction

Interior Spaces

  • 456 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Assigned parking located at #183
  • Parking Lot
  • Off-Street Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Entry Slope Less Than 1 Foot

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • 60 Gallon+ Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303649191

Community Details

Overview

  • $250 Elevator Use Fee
  • Association fees include air conditioning, all ground fee, common area maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, parking fee, reserve funds, pool(s), sewer, snow removal, trash, water
  • High-Rise Condominium
  • Takoma Overlook Condominium Condos, Phone Number (301) 439-7333
  • Takoma Park Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,162

Year Built

Built in 1967 | Remodeled in 2010

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-19
  • Year Built: 1967
  • Year Renovated: 2010
  • Assigned Parking Space Numbers: 183
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading
  • Entry Floor: 9
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Common
  • Total Sq Ft: 456
  • Living Area Sq Ft: 456
  • Price Per Sq Ft: 305.92
  • Above Grade Finished Sq Ft: 456
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Asphalt Driveway, Assigned, Limited Common Elements, Parking Space Conveys
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Zoned, Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: 90% Forced Air, Central, Hot Water, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 282.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Takoma Overlook Condominium
  • Condo Co-Op Phone: 301.439.7333
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Reserved/Assigned Parking, Storage Bin, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground

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: 100800.00
  • Land Assessed Value: 43200.00
  • Property Condition: Excellent
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14112775
  • Tax Annual Amount: 2162.00
  • Assessor Parcel Number: 161303649191
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 25, 2020
Sold by
Dere Megan L and Jensen Megan L
Bought by
Marin Natalia Torres
Seller's Agent
Steven Henry
Continental Properties, Ltd.
Buyer's Agent
Ruben Gomez
Spring Hill Real Estate, LLC.
List Price
$144,500
Sold Price
$139,500
Premium/Discount to List
-$5,000
-3.46%
Current Estimated Value
$153,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,104
Avg. Annual Appreciation
1.96%
Original Mortgage
$135,315
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 9, 2017
Sold by
Ahn Ken K
Bought by
Jensen Megan L
Seller's Agent
Chong Yi
Vylla Home
Buyer's Agent
Leah Fernandez
Compass
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$132,554
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marin Natalia Torres $139,500 Jdm Title Llc
Jensen Megan L $135,000 Federal Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marin Natalia Torres $135,315
Previous Owner Jensen Megan L $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $139,500 0.0% $306 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $139,500 -3.5% $306 / Sq Ft
09/18/2020 09/18/20 For Sale $144,500 +7.0% $317 / Sq Ft
05/09/2017 05/09/17 Sold $135,000 0.0% $296 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $135,000 0.0% $296 / Sq Ft
04/01/2017 04/01/17 Off Market $135,000 -- --
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 $2,319 $138,333 -- --
2024 $2,319 $135,000 $40,500 $94,500
2023 $3,011 $135,000 $40,500 $94,500
2022 $1,544 $135,000 $40,500 $94,500
2021 $1,690 $144,000 $43,200 $100,800
2020 $3,161 $137,333 $0 $0
2019 $1,470 $130,667 $0 $0
2018 $1,350 $124,000 $37,200 $86,800
2017 $1,336 $120,667 $0 $0
2016 $1,233 $117,333 $0 $0
2015 $1,233 $114,000 $0 $0
2014 $1,233 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC726294

Bright MLS

APN: 13-03649191