NOT LISTED FOR SALE

7502 Hancock Ave Takoma Park, MD 20912

Estimated Value: $739,000 - $954,000

2 Beds
1 Bath
1,056 Sq Ft
$776/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $466,000 $441 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,246/month

3 Days on Market

Highlights

  • No HOA
  • Ceiling height of 9 feet or more
  • Radiator
  • Takoma Park Elementary School Rated A-
  • Dining Area
  • 1-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of June 2014

Sought after Takoma Park location, walk to the CO-OP, Metro and Downtown. Large Quarter acre lot, plenty of room for expansion. New windows allow lots of sunlight into this home, fresh paint, heart pine floors on second level, oak floors on main level. Open Sunday 4/6/14 2-4 pm.

Last Agent to Sell the Property

Dennis Ellis

(301) 739-4800 dellis@mris.com RE/MAX Achievers License #MRIS:3046894 Listed on: 04/06/2014

RE/MAX Achievers

Last Buyer's Agent

Dennis Ellis

(301) 739-4800 dellis@mris.com RE/MAX Achievers License #MRIS:3046894 Listed on: 04/06/2014

RE/MAX Achievers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,103

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Dining Area
  • Dryer

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161301076004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,103

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1923
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Dining Area
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Plaster Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Metal
  • 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: 37.41
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Lot Info

  • Improvement Assessed Value: 87600.00
  • Land Assessed Value: 328000.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11118.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14011332
  • Tax Annual Amount: 7102.61
  • Assessor Parcel Number: 161301076004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2014
Closed on
Jun 30, 2014
Sold by
Grandstaff Daniel
Bought by
Orenstein Dara and Resetarits Ronald B
Seller's Agent
Dennis Ellis
RE/MAX Achievers
Buyer's Agent
Dennis Ellis
RE/MAX Achievers
List Price
$449,900
Sold Price
$466,000
Premium/Discount to List
$16,100
3.58%
Current Estimated Value
$819,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,797
Avg. Annual Appreciation
5.07%
Original Mortgage
$620,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2011
Sold by
Grandstaff Daniel and Armas Margaret A
Bought by
Grandstaff Daniel
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
Orenstein Dara $466,000 First American Title Ins Co
Grandstaff Daniel -- Foote Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orenstein Dara $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $466,000 +3.6% $441 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/06/2014 04/06/14 For Sale $449,900 -- $426 / 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 $11,150 $604,600 $366,600 $238,000
2024 $11,150 $646,800 $366,600 $280,200
2023 $9,831 $610,200 $0 $0
2022 $8,874 $573,600 $0 $0
2021 $7,963 $537,000 $366,600 $170,400
2020 $7,963 $519,333 $0 $0
2019 $7,660 $501,667 $0 $0
2018 $7,333 $484,000 $366,600 $117,400
2017 $6,993 $461,200 $0 $0
2016 -- $438,400 $0 $0
2015 $5,746 $415,600 $0 $0
2014 $5,746 $415,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dennis Ellis

    RE/MAX

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Map

Source: Bright MLS

MLS Number: 1002923128

Bright MLS

APN: 13-01076004

Maryland Montgomery County Takoma Park 20912

7502 Hancock Ave, Takoma Park, MD

Not Listed for Sale

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