NOT LISTED FOR SALE

Takoma Phoenix 7611 Maple Ave Unit 506 Takoma Park, MD 20912

Estimated Value: $223,000 - $314,000

3 Beds
2 Baths
1,287 Sq Ft
$566/mo HOA Fee

Last Sold February 19, 2016

Last sale price $145,000 $113 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,520/month

171 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Combination Dining and Living Room
  • Takoma Park Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 4-minute walk to Takoma Piney Branch Park

About This Home

As of February 2016

Spacious Condo with nice amenities to enjoyHUD HOME SOLD AS-IS, HUD CASE # 249-517346 IE *EQUAL HOUSING OPPORTUNITY*. GROUND RENT/HOA/CONDO FEES/FRONT FOOT FEES IF ANY TO BE VERIFIED. OFFERS SUBMITTED TO HUDHOMESTORE- Additional information and addenda at.HUDHomestore managed by Ofori-do not send offers to listing Broker.

Last Listed By

George Patterson

Phoenix Real Estate Solutions License #0225066122 Listed on: 06/12/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,885

Year Built

  • Built in 1962

Lot Details

  • 1,699

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,287 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303272710

Community Details

Overview

  • Association fees include common area maintenance
  • Mid-Rise Condominium
  • Takoma Phoenix Community
  • Takoma Park Subdivision
  • The community has rules related to covenants

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,885

Year Built

Built in 1962

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Remarks Public: Spacious Condo with nice amenities to enjoyHUD HOME SOLD AS-IS, HUD CASE # 249-517346 IE *EQUAL HOUSING OPPORTUNITY*. GROUND RENT/HOA/CONDO FEES/FRONT FOOT FEES IF ANY TO BE VERIFIED. OFFERS SUBMITTED TO HUDHOMESTORE- Additional information and addenda at.HUDHomestore managed by Ofori-do not send offers to listing Broker.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1287
  • Living Area Sq Ft: 1287
  • Price Per Sq Ft: 139.16
  • Above Grade Finished Sq Ft: 1287
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7611

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 566.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • School District Key: 121138126809
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 119000.00
  • Land Assessed Value: 51000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14079675
  • Tax Annual Amount: 2884.63
  • Assessor Parcel Number: 161303272710
  • Tax Total Finished Sq Ft: 1287
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/19/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2017
Sold by
Secretary Of Hud
Bought by
Assefaw Yared Y
Total Days on Market
171
Current Estimated Value
$286,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 12, 2015
Closed on
Feb 18, 2016
Sold by
Department Of Housing & Urban Developmen
Bought by
Assefaw Yared
Seller's Agent
George Patterson
Phoenix Real Estate Solutions
Buyer's Agent
Kenita Tang
EXP Realty, LLC
List Price
$179,100
Sold Price
$145,000
Premium/Discount to List
-$34,100
-19.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Oct 9, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 3, 2014
Sold by
Rea Casey and Hunter Mary Brooke
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 3, 2008
Sold by
Aguiar Alex
Bought by
Hunter Mary Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,519
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2008
Sold by
Aguiar Alex
Bought by
Hunter Mary Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,519
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Rodriguez Victor H
Bought by
Aguiar Alexandra C

Purchase Details

Closed on
Oct 28, 1999
Sold by
Wisteria Park Llc
Bought by
Rodriguez Victor H

Range of Values:

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Average Value
Not Available
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
Assefaw Yared Y $145,000 None Available
Assefaw Yared $145,000 First American Title Ins Co
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $142,450 None Available
Hunter Mary Brooke $290,000 --
Hunter Mary Brooke $290,000 --
Aguiar Alexandra C $107,045 --
Rodriguez Victor H $81,268 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Assefaw Yared $44,000
Previous Owner Assefaw Yared Y $165,000
Previous Owner Hunter Mary Brooke $285,519
Previous Owner Hunter Mary Brooke $285,519
Previous Owner Aguiar Alexandra C $50,000
Previous Owner Aguiar Alexandra C $236,500
Previous Owner Aguiar Alexandra C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $145,000 -19.0% $113 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $179,100 +23.5% $139 / Sq Ft
11/05/2015 11/05/15 Off Market $145,000 -- --
11/04/2015 11/04/15 For Sale $179,100 0.0% $139 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $179,100 0.0% $139 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $179,100 +23.5% $139 / Sq Ft
09/16/2015 09/16/15 Off Market $145,000 -- --
09/15/2015 09/15/15 For Sale $179,100 0.0% $139 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
07/28/2015 07/28/15 Price Changed $179,100 -10.0% $139 / Sq Ft
06/12/2015 06/12/15 For Sale $199,000 -- $155 / 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
2024 $4,192 $245,000 $73,500 $171,500
2023 $4,109 $240,000 $0 $0
2022 $3,879 $235,000 $0 $0
2021 $3,794 $230,000 $69,000 $161,000
2020 $3,576 $216,667 $0 $0
2019 $3,356 $203,333 $0 $0
2018 $3,120 $190,000 $57,000 $133,000
2017 $3,045 $183,333 $0 $0
2016 $2,786 $176,667 $0 $0
2015 $2,786 $170,000 $0 $0
2014 $2,786 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002343093

Bright MLS

APN: 13-03272710