NOT LISTED FOR SALE

7418 Carroll Ave Takoma Park, MD 20912

Estimated Value: $882,000 - $978,000

3 Beds
2 Baths
1,920 Sq Ft
$475/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $727,800 $379 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,977/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Living Room
  • Takoma Park Elementary School Rated A-
  • No HOA
  • 1-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of April 2020

Location, Character, Charm, and Function are the main adjectives that describe this stunning Craftsman-style home, with 3 Bedroom, 2 baths, plus 5+ car PARKING an inviting front porch and a deep backyard. ***This meticulously maintained home its just steps to the charming Old Takoma Park downtown, Metro, shops, and restaurants, just minutes to the DC and downtown Silver Spring. 1st time on the market for rent; this home offers a great opportunity to live in a house with a great balance between old charm and new updates. You can sit on the front porch, which is perfectly screened with beautiful evergreens and welcomes you into a desirable floor plan for everyday living and entertaining with family and friends. To the right, you'll step into the living room with original restored hardwood floors, a cozy fireplace, and large windows. Next is the dining room, with space to extend the table for parties and opens to a large kitchen with room for several people to cook at once, stainless steel appliances, breakfast bar, and lots of cabinets/storage areas. From the kitchen you can step onto the upper-level deck with space for a barbecue, outdoor dining and stunning views of the expansive backyard, that can address the needs of most everyone in your family; gardener, sports enthusiast that wants to play in the basketball court, nature lover, bird watcher and so much more... The original restored floors and staircase take you to the upper level with charming 3 bedrooms and a bath. The walkout family/guest room is light-filled with a full bath with deep soaking bath, a bar area with sink and access to level two of the deck and great access to the backyard. There are several storage spaces and a charming old-world storage room in this level in addition to a built-in bookcase and laundry room. PARKING for 5+ cars in the driveway and through the double doors in the backyard ( side by side parking for 2 cars) A must see!!!

Last Agent to Rent the Property

Tatjana Bajrami

(202) 468-1439 tbajrami@hotmail.com TTR Sotheby's International Realty License #616911 Listed on: 04/29/2020

TTR Sotheby's International Realty

Last Renter's Agent

Tatjana Bajrami

(202) 468-1439 tbajrami@hotmail.com TTR Sotheby's International Realty License #616911 Listed on: 04/29/2020

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,103

Year Built

  • Built in 1923 | Remodeled in 2010

Lot Details

  • 7,231

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Craftsman Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Natural lighting in basement

Additional Features

  • Property is zoned R60
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,900
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/1/20
  • $45 Application Fee
  • Assessor Parcel Number 161301065342

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,103

Year Built

Built in 1923 | Remodeled in 2010

Lot Details

0

Rental Info

  • Date Available: 2020-05-01
  • Application Fee: 45.00
  • Pets: Dogs Ok, Cats Ok, Pet Addendum/Deposit, Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3900.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Craftsman, Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1923
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Storage Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Walkout Level, Daylight, Full, Rear Entrance
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 3.48
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R60

Tax Info

  • Assessor Parcel Number: 14010407
  • Assessor Parcel Number: 161301065342

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Velasquez Gustavo and Velasquez Emily Elizabeth
Bought by
Allison Kevin and Pichardo Raquel M
Current Estimated Value
$911,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,750
Outstanding Balance
$725,366
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$186,592

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 3, 2017
Sold by
Morris Roderick N and Morris Andrea
Bought by
Velasquez Gustavo and Velasquez Emily
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Rhonda Mortensen
Compass
List Price
$675,000
Sold Price
$727,800
Premium/Discount to List
$52,800
7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$582,240
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Welch Walter M and Welch Linda J
Bought by
Morris Roderick N and Morris Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Welch Walter M and Welch Linda J
Bought by
Morris Roderick N and Morris Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
7418 Carroll Avenue Llc
Bought by
Welch Walter M and Welch Linda J

Purchase Details

Closed on
May 1, 2003
Sold by
7418 Carroll Avenue Llc
Bought by
Welch Walter M and Welch Linda J

Purchase Details

Closed on
Mar 28, 2003
Sold by
Grasso Florence M
Bought by
7418 Carroll Avenue Llc
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
Allison Kevin $845,000 Mbo Settlements Inc
Velasquez Gustavo $727,800 Kvs Title Llc
Morris Roderick N $650,000 --
Morris Roderick N $650,000 --
Welch Walter M -- --
Welch Walter M -- --
7418 Carroll Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Kevin $802,750
Previous Owner Velasquez Gustavo $582,240
Previous Owner Morris Roderick N $520,000
Previous Owner Morris Roderick N $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Rented $3,900 0.0% --
04/29/2020 04/29/20 For Rent $3,900 0.0% --
07/03/2017 07/03/17 Sold $727,800 +7.8% $347 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $675,000 -- $321 / 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 $14,103 $823,433 -- --
2024 $14,103 $815,800 $341,600 $474,200
2023 $13,233 $764,833 $0 $0
2022 $11,945 $713,867 $0 $0
2021 $11,074 $662,900 $341,600 $321,300
2020 $21,035 $632,667 $0 $0
2019 $9,315 $602,433 $0 $0
2018 $8,774 $572,200 $341,600 $230,600
2017 $7,337 $519,367 $0 $0
2016 $6,647 $466,533 $0 $0
2015 $6,647 $413,700 $0 $0
2014 $6,647 $413,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC705460

Bright MLS

APN: 13-01065342