NOT LISTED FOR SALE

7505 Chestnut Ave Takoma Park, MD 20912

Estimated Value: $664,651 - $819,000

2 Beds
1 Bath
1,165 Sq Ft
$659/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $591,000 $507 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,875/month

Highlights

  • Waterfall on Lot
  • Deck
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Takoma Piney Branch Park

About This Home

As of June 2019

Located just 0.8 of a mile from Takoma Metro and with a bus stop around the corner, this 1938 Cottage style home is in a highly convenient transport location. You will fall in love with the charming exterior and more importantly the warm and inviting interior. Built on what was once Hodges Dairy Farm it's a perfect entertainment home for Summer with a covered back porch (this is ready for enclosure to make a sun-filled separate dining room), deck and flagstone patio all overlooking a cascading and private garden! Step into the large living room with wood burning fireplace and wood floors and feel the warmth of this welcoming home. The remodeled stainless, granite kitchen with lots of storage, movable center island and breakfast nook and wood floors makes a great command center for living. Two good sized bedrooms and an oversized bathroom make one level living an easy enjoyment. Pull down steps in the hallway lead to an enormous attic with super high ceilings that is a great future opportunity to expand this home (see the house to the right that has done this). There is LOTS of storage in this attic that is almost entirely floored to accommodate weighty objects. The Lower Level has a Recreation Room with a rear exit and when combined with a large utility and storage room behind that, is an area that is ripe for further expansion. The RR has a closet and outside entrance so could easily be used as a 3rd bedroom. A 2nd bathroom can easily be added here where the main sewer stack descends. The basement was professionally waterproofed in 2014. With two-year-old Central Air Conditioning, economical gas radiator heating (great for allergy sufferers), and a 2014 roof, you are ensured comfortable living. Stepping onto the covered rear porch, you overlook a wonderful planted garden with water feature and fenced privacy. The porch would be a great place to enclose for year round enjoyment! There's a deck below it and a flagstone patio - all ideal for outdoor gatherings and parties! Stroll to the City Library around the corner, or the Town Hall, where concerts, meetings special events take place! Walk to the Cooperative and downtown area restaurants! Enjoy July 4th Fireworks at the nearby Middle School grounds as well as the annual Folk Festival! Wholefoods is a 7-minute drive away and the Elementary and Middle schools are an easy stroll away, as is the 17 Acre Takoma & Piney Branch Park with sports courts, and playing fields, a skate park, and playgrounds! Come home to your warm and inviting Cottage in the City - it will steal your heart!

Last Agent to Sell the Property

David Maplesden

Long & Foster Real Estate, Inc. License #90067 Listed on: 04/25/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Elliot Barber

Long & Foster Real Estate, Inc. License #637018

Last Buyer's Agent

Bonnie Roberts-Burke

RLAH @properties License #508907

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,838

Year Built

  • Built in 1938

Lot Details

  • 4,271 Sq Ft Lot
  • Stone Retaining Walls
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R60, Single Family residential

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Plaster Walls
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Fireplace Mantel
  • Brick Fireplace
  • Family Room
  • Living Room
  • Utility Room
  • Wood Flooring
  • Garden Views
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Waterfall on Lot
  • Porch

Schools

  • Takoma Educational Campus Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Central Air
  • Radiator
  • Vented Exhaust Fan
  • Water Dispenser
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P20
  • Assessor Parcel Number 161301067875

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,838

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1938
  • Remarks Public: Located just 0.8 of a mile from Takoma Metro and with a bus stop around the corner, this 1938 Cottage style home is in a highly convenient transport location. You will fall in love with the charming exterior and more importantly the warm and inviting interior. Built on what was once Hodges Dairy Farm it's a perfect entertainment home for Summer with a covered back porch (this is ready for enclosure to make a sun-filled separate dining room), deck and flagstone patio all overlooking a cascading and private garden! Step into the large living room with wood burning fireplace and wood floors and feel the warmth of this welcoming home. The remodeled stainless, granite kitchen with lots of storage, movable center island and breakfast nook and wood floors makes a great command center for living. Two good sized bedrooms and an oversized bathroom make one level living an easy enjoyment. Pull down steps in the hallway lead to an enormous attic with super high ceilings that is a great future opportunity to expand this home (see the house to the right that has done this). There is LOTS of storage in this attic that is almost entirely floored to accommodate weighty objects. The Lower Level has a Recreation Room with a rear exit and when combined with a large utility and storage room behind that, is an area that is ripe for further expansion. The RR has a closet and outside entrance so could easily be used as a 3rd bedroom. A 2nd bathroom can easily be added here where the main sewer stack descends. The basement was professionally waterproofed in 2014. With two-year-old Central Air Conditioning, economical gas radiator heating (great for allergy sufferers), and a 2014 roof, you are ensured comfortable living. Stepping onto the covered rear porch, you overlook a wonderful planted garden with water feature and fenced privacy. The porch would be a great place to enclose for year round enjoyment! There's a deck below it and a flagstone patio - all ideal for outdoor gatherings and parties! Stroll to the City Library around the corner, or the Town Hall, where concerts, meetings special events take place! Walk to the Cooperative and downtown area restaurants! Enjoy July 4th Fireworks at the nearby Middle School grounds as well as the annual Folk Festival! Wholefoods is a 7-minute drive away and the Elementary and Middle schools are an easy stroll away, as is the 17 Acre Takoma & Piney Branch Park with sports courts, and playing fields, a skate park, and playgrounds! Come home to your warm and inviting Cottage in the City - it will steal your heart!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Dispenser, Built-In Microwave, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Wood Floors
  • Fireplace Features: Mantel(s), Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Utility Room, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 45.00
  • Basement Footprint Percent: 45.00
  • Laundry Type: Lower Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1430
  • Living Area Sq Ft: 1165
  • Price Per Sq Ft: 558.43
  • Above Grade Finished Sq Ft: 931
  • Below Grade Finished Sq Ft: 234
  • Below Grade Sq Ft: 265
  • Total Below Grade Sq Ft: 499
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7505

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Shingle Siding
  • Exterior Features: Stone Retaining Walls, Water Falls
  • Roof: Asphalt
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA EDUCATIONAL CAMPUS
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: TAKOMA EDUCATIONAL CAMPUS
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Partially, Rear
  • Improvement Assessed Value: 90000.00
  • Land Assessed Value: 317900.00
  • Land Use Code: 011
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4271.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R60
  • Zoning Description: Single Family residential
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14010640
  • Tax Annual Amount: 6838.00
  • Assessor Parcel Number: 161301067875
  • Tax Lot: P20
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 06/05/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 4, 2019
Sold by
Gartner Melissa A
Bought by
Hord John K
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Bonnie Roberts-Burke
RLAH @properties
List Price
$519,900
Sold Price
$591,000
Premium/Discount to List
$71,100
13.68%
Current Estimated Value
$767,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,163
Avg. Annual Appreciation
3.84%
Original Mortgage
$472,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Klohck Timothy and Klohck Daniela L
Bought by
Gartner Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Klohck Timothy and Klohck Daniela L
Bought by
Gartner Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Murphy Paul J
Bought by
Klohck Timothy and Klohck Daniela L

Purchase Details

Closed on
Aug 23, 2001
Sold by
Nunes Anthony A
Bought by
Murphy Paul J

Purchase Details

Closed on
Jul 16, 1999
Sold by
Iwane Marika K
Bought by
Nunes Anthony A

Purchase Details

Closed on
Dec 3, 1996
Sold by
Conley Kenneth A and Conley S Conley L
Bought by
Iwane Marika K
Source: Public Records

Range of Values:

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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
Hord John K $591,000 Stewart Title
Gartner Melissa A $424,000 --
Gartner Melissa A $424,000 --
Klohck Timothy $288,000 --
Murphy Paul J $105,372 --
Nunes Anthony A $193,000 --
Iwane Marika K $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hord John K $473,000
Previous Owner Hord John K $472,800
Previous Owner Gartner Melissa A $248,000
Previous Owner Gartner Melissa A $250,000
Previous Owner Gartner Melissa A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $591,000 +13.7% $507 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $519,900 -- $446 / 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 $9,443 $563,900 -- --
2024 $9,443 $548,100 $317,900 $230,200
2023 $7,978 $502,933 $0 $0
2022 $6,945 $457,767 $0 $0
2021 $6,197 $412,600 $317,900 $94,700
2020 $6,184 $411,033 $0 $0
2019 $6,146 $409,467 $0 $0
2018 $6,090 $407,900 $317,900 $90,000
2017 $6,181 $403,500 $0 $0
2016 -- $399,100 $0 $0
2015 $6,245 $394,700 $0 $0
2014 $6,245 $394,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC654146

Bright MLS

APN: 13-01067875