NOT LISTED FOR SALE

7527 Maple Ave Unit 5 Takoma Park, MD 20912

Estimated Value: $293,000 - $341,000

2 Beds
1 Bath
862 Sq Ft
$349/mo HOA Fee

Last Sold September 22, 2020

Last sale price $272,000 $316 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,401/month

Highlights

  • Penthouse
  • Contemporary Architecture
  • Property is in excellent condition
  • Takoma Park Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 5-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of September 2020

Beautifully renovated, rarely available 2 bedroom penthouse condo....Gourmet kitchen with 42 inch cabinets, stainless steel appliances, granite countertops, gas range, and breakfast bar. Hardwood floors throughout the entire condo! Two spacious bedrooms with large closets and a spa like bathroom. Washer/dryer in unit. HVAC 2014, water and trash included in condo fees. Reserved parking space, plus plenty of additional street parking. Minutes to the metro, library, community center, Sligo Creek park, shopping, restaurants and so much more!

Last Agent to Sell the Property

Christine Kogok

(240) 277-9121 christinekogok@gmail.com Keller Williams Realty Centre License #607722 Listed on: 08/01/2020

Keller Williams Realty Centre

Last Buyer's Agent

Maurice Mckinney

(202) 840-0591 maurice@neighborhooduplift.com Neighborhood Uplift

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 862 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Additional Features

  • Property is in excellent condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303552624

Community Details

Overview

  • Association fees include common area maintenance, management
  • Low-Rise Condominium
  • Takoma Park Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,355

Year Built

Built in 1957

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-01
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully renovated, rarely available 2 bedroom penthouse condo....Gourmet kitchen with 42 inch cabinets, stainless steel appliances, granite countertops, gas range, and breakfast bar. Hardwood floors throughout the entire condo! Two spacious bedrooms with large closets and a spa like bathroom. Washer/dryer in unit. HVAC 2014, water and trash included in condo fees. Reserved parking space, plus plenty of additional street parking. Minutes to the metro, library, community center, Sligo Creek park, shopping, restaurants and so much more!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 307.42
  • Above Grade Finished Sq Ft: 862
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7527

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 349.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Land Use Code: 011
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14105289
  • Tax Annual Amount: 3355.00
  • Assessor Parcel Number: 161303552624
  • Tax Total Finished Sq Ft: 862
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/22/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 22, 2020
Sold by
Hatton Elizabeth E and Prouty Scott R
Bought by
Mckinney Jazmine Nicole
Seller's Agent
Christine Kogok
Keller Williams Realty Centre
Buyer's Agent
Maurice Mckinney
Neighborhood Uplift
List Price
$265,000
Sold Price
$272,000
Premium/Discount to List
$7,000
2.64%
Current Estimated Value
$312,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,506
Avg. Annual Appreciation
2.79%
Original Mortgage
$258,990
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Braeton Condominiums Llc
Bought by
Prouty Scott R and Hatton Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Braeton Condominiums Llc
Bought by
Prouty Scott R and Hatton Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mckinney Jazmine Nicole $272,000 Universal Title
Prouty Scott R $275,000 --
Prouty Scott R $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinney Jazmine Nicole $258,990
Previous Owner Prouty Scott R $68,750
Previous Owner Prouty Scott R $206,250
Previous Owner Prouty Scott R $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $272,000 -4.6% $316 / Sq Ft
08/19/2020 08/19/20 Price Changed $285,000 +7.5% $331 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $265,000 -- $307 / 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 $4,668 $273,333 -- --
2024 $4,668 $270,000 $81,000 $189,000
2023 $3,637 $250,000 $0 $0
2022 $3,155 $230,000 $0 $0
2021 $2,824 $210,000 $63,000 $147,000
2020 $5,439 $206,667 $0 $0
2019 $2,664 $203,333 $0 $0
2018 $2,592 $200,000 $60,000 $140,000
2017 $2,411 $190,000 $0 $0
2016 $3,115 $180,000 $0 $0
2015 $3,115 $170,000 $0 $0
2014 $3,115 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC718708

Bright MLS

APN: 13-03552624