NOT LISTED FOR SALE

Takoma Phoenix 7611 Maple Ave Unit 405 Takoma Park, MD 20912

Estimated Value: $188,398 - $216,000

1 Bed
1 Bath
728 Sq Ft
$540/mo HOA Fee

Last Sold August 18, 2023

Last sale price $192,000 $264 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,796/month

25 Days on Market

Highlights

  • Penthouse
  • Forced Air Heating and Cooling System
  • 4-minute walk to Takoma Piney Branch Park
  • Takoma Park Elementary School Rated A-
  • Dogs and Cats Allowed

About This Home

As of August 2023

Fantastic location close to everything Takoma Park has to offer! Come see this beautiful rare gem in Takoma park. The wooden parquet floors have been refinished throughout the condo. Freshly painted and is awaiting your touch. Close to major transportation and supermarkets. Will add pictures soon.

Last Agent to Sell the Property

Thomas Rozario

(202) 820-2196 trozariowo@gmail.com Argent Realty, LLC License #0225270233 Listed on: 06/25/2023

Argent Realty, LLC

Co-Listed By

Dalia Ibrahim

(443) 600-3188 Dibra002@yahoo.com Argent Realty, LLC

Last Buyer's Agent

Juan C. Granados

(240) 367-3520 Team@GrataDomus.com Jason Mitchell Group License #SP98377363

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1962

Lot Details

  • 958

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • 728 Sq Ft Home
  • Penthouse
  • Entry on the 4th floor
  • Brick Exterior Construction

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303272594

Community Details

Overview

  • Association fees include water, common area maintenance, alarm system, exterior building maintenance, lawn maintenance, management, snow removal, trash, gas
  • Mid-Rise Condominium
  • Takoma Park Subdivision
  • Property has 7 Levels

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,209

Year Built

Built in 1962

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator
  • Entry Floor: 4
  • Interior Amenities: Elevator
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 728
  • Living Area Sq Ft: 728
  • Price Per Sq Ft: 256.87
  • Above Grade Finished Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 539.69
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Alarm System, Ext Bldg Maint, Lawn Maintenance, Management, Snow Removal, Trash, Gas
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2209.00
  • Assessor Parcel Number: 161303272594
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Aug 14, 2023
Sold by
Gelaw Nibretu G and Admassu Selam W
Bought by
Finnerty John Stephen
Seller's Agent
Thomas Rozario
Argent Realty, LLC
Buyer's Agent
Juan C. Granados
Jason Mitchell Group
List Price
$187,000
Sold Price
$192,000
Premium/Discount to List
$5,000
2.67%
Views
135
Current Estimated Value
$200,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,600
Avg. Annual Appreciation
1.93%
Original Mortgage
$157,440
Outstanding Balance
$153,832
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$46,768

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 10, 2018
Sold by
Fannie Mae
Bought by
Gelaw Nibretu G and Admassu Selam W
Seller's Agent
Matias Escobar
Argent Realty, LLC
Buyer's Agent
Thomas Rozario
Argent Realty, LLC
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$103,098
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2017
Sold by
Brown Bernardine
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 5, 1999
Sold by
Wisteria Park Llc
Bought by
Brown Bernadine
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
Finnerty John Stephen $192,000 Stewart Title Guaranty Company
Finnerty John Stephen $192,000 Stewart Title Guaranty Company
Gelaw Nibretu G $105,000 Crown Title Co
Federal National Mortgage Association $112,000 None Available
Brown Bernadine $55,989 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finnerty John Stephen $157,440
Closed Finnerty John Stephen $157,440
Previous Owner Gelaw Nibretu G $103,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $192,000 +2.7% $264 / Sq Ft
06/25/2023 06/25/23 For Sale $187,000 +78.1% $257 / Sq Ft
07/18/2018 07/18/18 Sold $105,000 +10.5% $144 / Sq Ft View Prior Sale
05/31/2018 05/31/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $95,000 -- $130 / 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 $2,404 $155,000 -- --
2024 $2,404 $140,000 $42,000 $98,000
2023 $3,039 $136,667 $0 $0
2022 $1,517 $133,333 $0 $0
2021 $1,460 $130,000 $39,000 $91,000
2020 $1,405 $126,667 $0 $0
2019 $1,350 $123,333 $0 $0
2018 $1,977 $120,000 $36,000 $84,000
2017 $1,039 $110,000 $0 $0
2016 -- $100,000 $0 $0
2015 $1,055 $90,000 $0 $0
2014 $1,055 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2098130

Bright MLS

APN: 13-03272594