NOT LISTED FOR SALE

Takoma Phoenix 7611 Maple Ave Unit 502 Takoma Park, MD 20912

Estimated Value: $273,000 - $290,000

2 Beds
1 Bath
1,034 Sq Ft
$693/mo HOA Fee

Last Sold June 29, 2023

Last sale price $259,000 $250 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,432/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Elevator
  • Balcony
  • Takoma Park Elementary School Rated A-
  • Stainless Steel Appliances
  • 4-minute walk to Takoma Piney Branch Park

About This Home

As of June 2023

If you are looking for a spacious condo at a fantastic price with in-unit laundry, great storage, outdoor space, pet friendly, great community and parking, you have found it! Immediately, you'll notice how spacious the home is - large living area as well as a separate dining space. Great light through large west facing windows and sliding glass doors to expansive balcony with plenty of room to garden and lounge both! A cozy kitchen is recently renovated and thoughtfully designed with lots of extra storage tucked in, and is one of the few units in the building with an in-unit all in one washer/dryer. Two huge bedrooms both with very large closets - so much storage! The bathroom has been renovated with a large walk-in shower, tall toilet & new vanity and tile. The Takoma Phoenix community is *chef's kiss.*. Neighbors really know each other and look out for one another - you'll have no trouble finding a cat sitter, a cup of sugar, or a listening ear after a bad day. Need a good book - check the 2nd floor laundry room's community library. The condo fees reflect the continuing care of the building - they are intently focused on getting deferred maintenance up to date and providing aesthetic upgrades to best meet the communities' needs - recent upgrades include a new elevator, updated lobby furniture, rebuilt balconies, new exterior drainage, and updated front exterior facade. Parking lot will be resurfaced soon & hallway flooring is an upcoming project! Very pet friendly building, with easy parking - the lot is rental only, and a space permit is $20/car. Visitor parking is in the back lot (and free!) and delivery parking is at the front entrance. Nearby, you're walking distance to the Takoma Library & Community Center, the Bodega is on the corner, and a short bike distance away from the Co-Op Grocery, Downtown Takoma and the Takoma Metro (everything is about a mile away).

Last Agent to Sell the Property

Jaime Willis

(202) 494-1325 jaime@compass.com Compass License #SP98375007 Listed on: 05/24/2023

Compass

Last Buyer's Agent

Dillon Babington

(410) 627-2162 dillon.babington@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1962

Lot Details

  • 1,263

HOA Fees

  • $693 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,034 Sq Ft Home
  • Property has 1 Level
  • Views of Woods

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Site Parking for Rent
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 161303272674

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, insurance, management, parking fee
  • 74 Units
  • High-Rise Condominium
  • Takoma Phoenix Condominium Condos
  • Takoma Park Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,839

Year Built

Built in 1962

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-24
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer, Oven/Range - Gas, Stainless Steel Appliances, Washer, Refrigerator, Dishwasher
  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Common, Has Laundry, Hookup
  • Total Sq Ft: 1034
  • Living Area Sq Ft: 1034
  • Price Per Sq Ft: 250.48
  • Above Grade Finished Sq Ft: 1034
  • Above Grade Finished Area Units: Square Feet

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
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 693.15
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Takoma Phoenix Condominium
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony
  • Zoning: R10
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2839.00
  • Assessor Parcel Number: 161303272674
  • 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
May 24, 2023
Closed on
Jun 29, 2023
Sold by
Sitka Betty Jane and Bethel Ulric Alexander
Bought by
Kelley Shannon Leigh
Seller's Agent
Jaime Willis
Compass
Buyer's Agent
Dillon Babington
Compass
List Price
$259,000
Sold Price
$259,000
Views
36
Current Estimated Value
$282,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,817
Avg. Annual Appreciation
3.72%
Original Mortgage
$219,722
Outstanding Balance
$214,080
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$68,737

Purchase Details

Closed on
Jan 21, 2011
Sold by
Sitka Betty J
Bought by
Bethel Ulric Alexander and Sitka Betty Jane

Purchase Details

Closed on
Aug 10, 2001
Sold by
Daniels Kathryn
Bought by
Sitka Betty J

Purchase Details

Closed on
Feb 21, 2001
Sold by
Wisteria Park Llc
Bought by
Daniels Kathryn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelley Shannon Leigh $259,000 Metro Title
Bethel Ulric Alexander -- None Available
Sitka Betty J $122,000 --
Daniels Kathryn $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Shannon Leigh $219,722
Closed Kelley Shannon Leigh $219,722
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $259,000 0.0% $250 / Sq Ft
05/24/2023 05/24/23 For Sale $259,000 -- $250 / 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 $3,000 $200,000 -- --
2024 $3,000 $175,000 $52,500 $122,500
2023 $1,140 $173,333 $0 $0
2022 $2,821 $171,667 $0 $0
2021 $2,117 $170,000 $51,000 $119,000
2020 $2,008 $163,333 $0 $0
2019 $1,897 $156,667 $0 $0
2018 $1,775 $150,000 $45,000 $105,000
2017 $1,667 $143,333 $0 $0
2016 -- $136,667 $0 $0
2015 $2,538 $130,000 $0 $0
2014 $2,538 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2093638

Bright MLS

APN: 13-03272674