NOT LISTED FOR SALE

7400 Holly Ave Takoma Park, MD 20912

Estimated Value: $1,039,000 - $1,337,000

6 Beds
3 Baths
2,685 Sq Ft
$433/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $640,000 $238 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,564/month

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • Game Room

About This Home

As of February 2012

*50K REDUCTION* Deceptive exterior. Extraordinary space inside. Original four level split has au-pair/in-law suite addition on main level, handicapped accessible w/ ramp to deck and large backyard. Six BRs, 3BAs, 2 kitchens, room for everyone. Fabulous fam room for entertaining. On beautiful st, steps to Metro.Walking distance to schools K-8. Estate sale, sold "as is".

Last Agent to Sell the Property

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate Listed on: 07/29/2011

Last Buyer's Agent

Sheryl Blank-Barnes

(202) 262-3542 sheryl.blankbarnes@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,503

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Game Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Accessible Home Design

  • Roll-in Shower
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 161301065067

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,503

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: Level Entry - Main, Ramp - Main Level, Roll-In Shower
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1957
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Extra Refrigerator/Freezer, Freezer, Microwave, Oven - Wall, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Combination Dining/Living, Dining Area, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Skylights
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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: 41.43
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 288500.00
  • Land Assessed Value: 363700.00
  • Lot Size Acres: 0.27
  • Lot Size Area: 11868
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11868.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010381
  • Tax Annual Amount: 10502.72
  • Assessor Parcel Number: 161301065067
  • Tax Lot: 34
  • Tax Page Number: 319
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2011
Closed on
Feb 23, 2012
Sold by
Glasgow Gorman Kristen and Estate Of Luella E Glasgow
Bought by
Schmechel Richard and Davis Virginia
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Sheryl Blank-Barnes
Compass
List Price
$725,000
Sold Price
$640,000
Premium/Discount to List
-$85,000
-11.72%
Current Estimated Value
$1,162,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,675
Avg. Annual Appreciation
4.45%
Original Mortgage
$480,000
Outstanding Balance
$330,421
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$832,254
Source: Public Records

Range of Values:

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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
Schmechel Richard $640,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmechel Richard $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $640,000 -5.2% $238 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/01/2011 12/01/11 Price Changed $675,000 -6.9% $251 / Sq Ft
10/28/2011 10/28/11 Price Changed $725,000 0.0% $270 / Sq Ft
10/28/2011 10/28/11 For Sale $725,000 +13.3% $270 / Sq Ft
10/14/2011 10/14/11 Off Market $640,000 -- --
09/16/2011 09/16/11 Price Changed $749,000 -5.8% $279 / Sq Ft
07/29/2011 07/29/11 For Sale $795,000 -- $296 / 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 $17,372 $884,600 $369,500 $515,100
2024 $17,372 $1,007,700 $369,500 $638,200
2023 $13,688 $901,033 $0 $0
2022 $11,953 $794,367 $0 $0
2021 $10,563 $687,700 $369,500 $318,200
2020 $10,563 $677,567 $0 $0
2019 $10,383 $667,433 $0 $0
2018 $10,165 $657,300 $369,500 $287,800
2017 $10,099 $648,367 $0 $0
2016 -- $639,433 $0 $0
2015 $10,108 $630,500 $0 $0
2014 $10,108 $630,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Finn

    Seller's Agent in 2012

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Sheryl Blank-Barnes

    Buyer's Agent in 2012

    Sheryl Blank-Barnes

    Compass

    (202) 262-3542

    3 in this area

    33 Total Sales

    Sheryl Blank-Barnes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004531976

Bright MLS

APN: 13-01065067

Maryland Montgomery County Takoma Park 20912

7400 Holly Ave, Takoma Park, MD

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