NOT LISTED FOR SALE

7418 Hancock Ave Takoma Park, MD 20912

Estimated Value: $852,029 - $956,000

3 Beds
2 Baths
1,335 Sq Ft
$673/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $831,000 $622 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,693/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Traditional Floor Plan
  • No HOA
  • Takoma Park Elementary School Rated A-
  • Solid Hardwood Flooring
  • 2-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of October 2021

ALL OFFERS REQUESTED BY WEDNESDAY 9/22 at 10 am. It's high time you live every day like you’re on vacation! This incredibly rare architectural gem of a house is situated on a quiet tree lined street just around the corner from shops, schools, restaurants, parks and more!
A wrap around front porch with striking stucco arches sets the mood for a life of relaxation with your morning cup of coffee or winding down with a glass of wine at night! This house is incredibly well maintained and boasts true character from the inside out. Offering a functional floor plan, this house lends itself to everyday living with great indoor-outdoor flow. This 3 bedroom 2 bathroom features tall ceilings, great windows with ample natural light, and gorgeous hardwood floors & incredible original millwork. Large living and dining rooms on the main level provide ample room for all your gatherings. The Julia Child like kitchen is set just off the large living space and offers your ideal gas cooking, wood cabinetry and tons of storage with great lighting! Main level also features a full bath, custom closets and leads out to the very spacious backyard! This outdoor space is perfect for entertaining guests, grilling, a fire pit or just enjoying some relaxation outdoors. Upper level features a desirable layout with three large bedrooms! The additional rooms give the potential to turn one bedroom into an office or guest suite. The primary bedroom holds enough room for a sitting area/ workspace. The spacious bathroom features a clawfoot soaking tub! The unfinished lower level with walkout yard access could be finished into more living space or just kept for storage. New Roof 2020, and Cedar Laminate Siding! Centrally located to downtown Takoma and all that this welcoming part of town has to offer- Takoma Red Line Metro less than 1 mile away, Food Co-op, Girl & The Vine Wine Bar, Cielo Rojo, Republic, Ace Hardware, & Takoma Bev Co!

Last Agent to Sell the Property

Barak Sky

(301) 742-5759 baraksky@gmail.com Serhant License #SP600552 Listed on: 09/16/2021

Co-Listed By

Anna Mackler

(202) 946-8300 anna@theskygroup.com Serhant

Last Buyer's Agent

Lorin Mones

(202) 494-0110 lorin@homeswithmones.com RLAH @properties License #0225251751

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,819

Year Built

  • Built in 1923

Lot Details

  • 8,532 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dining Area
  • Solid Hardwood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Schools

  • Takoma Park Elementary And Middle School
  • Montgomery Blair High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161301063161

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,819

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Solid Hardwood
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Primary Bath(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Walkout Level
  • Total Sq Ft: 1925
  • Living Area Sq Ft: 1335
  • Price Per Sq Ft: 598.50
  • Above Grade Finished Sq Ft: 1335
  • Below Grade Sq Ft: 590
  • Total Below Grade Sq Ft: 590
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Roof: Architectural 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: Driveway

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 178700.00
  • Land Assessed Value: 351400.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8532.00
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010215
  • Tax Annual Amount: 8819.00
  • Assessor Parcel Number: 161301063161
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 21, 2021
Sold by
Hodes Laurent V and Hodes Enid A
Bought by
Cohen Michael Spencer and Manley Shannon Nicole
Seller's Agent
Barak Sky
Serhant
Buyer's Agent
Lorin Mones
RLAH @properties
List Price
$799,000
Sold Price
$831,000
Premium/Discount to List
$32,000
4.01%
Current Estimated Value
$898,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,507
Avg. Annual Appreciation
1.91%
Original Mortgage
$664,800
Outstanding Balance
$607,893
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$290,614
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
Cohen Michael Spencer $831,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Michael Spencer $664,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $831,000 +4.0% $622 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $799,000 -- $599 / 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 $11,561 $677,400 -- --
2024 $11,561 $672,400 $351,400 $321,000
2023 $8,896 $624,967 $0 $0
2022 $7,906 $577,533 $0 $0
2021 $7,215 $530,100 $351,400 $178,700
2020 $7,228 $530,100 $351,400 $178,700
2019 $8,127 $530,100 $351,400 $178,700
2018 $7,630 $544,300 $351,400 $192,900
2017 $6,454 $488,633 $0 $0
2016 -- $432,967 $0 $0
2015 $4,975 $377,300 $0 $0
2014 $4,975 $377,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2016570

Bright MLS

APN: 13-01063161