NOT LISTED FOR SALE

7714 Takoma Ave Takoma Park, MD 20912

Estimated Value: $1,252,000 - $1,275,000

1 Bed
3 Baths
2,086 Sq Ft
$606/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $795,000 $381 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,461/month

34 Days on Market

Highlights

  • 0.4 Acre Lot
  • Craftsman Architecture
  • No HOA
  • Takoma Park Middle School Rated A
  • 1 Fireplace
  • 4-minute walk to Silver Spring Intermediate Neighborhood Park

About This Home

As of September 2017

Terrific opportunity in prime Takoma Park locale. List price INCLUDES adjoining 11,000 sq ft lot in rear, 606 Philadelphia Ave. Both properties are in TP historic district. House is a Contributing Resource, most recently a daycare & needs total renovation. The Total Liv Area in the public record is inaccurate. Seller is exempt from taxes. SEE STATE & COUNTY HISTORIC TAX CREDIT INFO IN HOUSE.

Last Agent to Sell the Property

Liz Brent

(202) 321-2651 Liz@GoBrent.co GO BRENT, INC. License #BR200200488 Listed on: 06/30/2017

Last Buyer's Agent

Raj Auluck

(301) 580-1147 raj.auluck@gmail.com S A R Associates, Inc. License #85212

S A R Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,714

Year Built

  • Built in 1924

Lot Details

  • 0.4 Acre Lot
  • Historic Home
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Accessible Home Design

  • Ramp on the main level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot P13
  • Assessor Parcel Number 161301064041

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,714

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1924
  • Remarks Public: Terrific opportunity in prime Takoma Park locale. List price INCLUDES adjoining 11,000 sq ft lot in rear, 606 Philadelphia Ave. Both properties are in TP historic district. House is a Contributing Resource, most recently a daycare & needs total renovation. The Total Liv Area in the public record is inaccurate. Seller is exempt from taxes. SEE STATE & COUNTY HISTORIC TAX CREDIT INFO IN HOUSE.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 7714

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 2

Exterior Features

  • 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Heat Pump(s), Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.40
  • Lot Size Area: 17384
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17384.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 161301064041
  • Tax Lot: P13
  • Tax Total Finished Sq Ft: 3310
  • County Tax Payment Frequency: Annually
  • Close Date: 09/21/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Oct 3, 2017
Sold by
The Board Of Trustees Of Mortgmoery Comm
Bought by
Aulick Pavan Kumar and Kim Yeowon
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Raj Auluck
S A R Associates, Inc.
List Price
$775,000
Sold Price
$795,000
Premium/Discount to List
$20,000
2.58%
Current Estimated Value
$1,264,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,369
Avg. Annual Appreciation
5.89%
Original Mortgage
$596,250
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 21, 2017
Sold by
Board Of Trustee Montgomery Cormmunity C
Bought by
Auluck Pavan Kumar and Kim Yeowon
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Raj Auluck
S A R Associates, Inc.
List Price
$775,000
Sold Price
$795,000
Premium/Discount to List
$20,000
2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,250
Interest Rate
3.82%
Mortgage Type
Commercial
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
Aulick Pavan Kumar -- First Amer Title Ins Co
Auluck Pavan Kumar $795,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Auluck Pavan Kumar $596,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Sold $795,000 +2.6% $381 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $775,000 -- $372 / 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 $21,714 $1,240,200 $390,100 $850,100
2024 $21,714 $1,255,600 $390,100 $865,500
2023 $20,776 $1,240,467 $0 $0
2022 $20,135 $1,225,333 $0 $0
2021 $19,470 $1,210,200 $390,100 $820,100
2020 $6,066 $943,200 $0 $0
2019 $13,603 $869,100 $0 $0
2018 $12,297 $795,000 $390,100 $404,900
2017 $12,094 $725,100 $0 $0
2016 -- $632,400 $0 $0
2015 -- $539,700 $0 $0
2014 -- $539,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Brent

    Seller's Agent in 2017

    Liz Brent

    GO BRENT, INC.

    (202) 321-2651

    7 in this area

    70 Total Sales

    Liz Brent
    Section Image

  • R

    Buyer's Agent in 2017

    Raj Auluck

    S A R Associates, Inc.

    (301) 580-1147

    22 Total Sales

    Raj Auluck
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000193243

Bright MLS

APN: 13-01064041

Maryland Montgomery County Takoma Park 20912

7714 Takoma Ave, Takoma Park, MD

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