NOT LISTED FOR SALE

7906 Lockney Ave Takoma Park, MD 20912

Estimated Value: $582,000 - $624,000

4 Beds
2 Baths
1,112 Sq Ft
$543/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $355,000 $319 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,797/month

10 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Takoma Park Elementary School Rated A-
  • Eat-In Country Kitchen

About This Home

As of April 2014

Beautifully renovated SFH located in a Takoma Park neighborhood. This property offers granite countertop Kitchen, 4Br, 2Fb. Hardwood floors through out main level, fully finished basement, great for relaxing or entertaining, brand new carpet throughout level. This home is conveniently located close to shops, restaurants, parks and minutes from bus routes and access to 495, a commuters dream!

Last Agent to Sell the Property

Oscar Sayan

(240) 426-2992 osayan@dmvrep.com Realty Advantage of Maryland LLC License #630928 Listed on: 02/27/2014

Realty Advantage of Maryland LLC

Last Buyer's Agent

Alex Goumilevski

(240) 401-9142 alexcgri@gmail.com RE/MAX Realty Services

RE/MAX Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1954

Lot Details

  • 5,882 Sq Ft Lot
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Finished Basement
  • Side Basement Entry
  • Eat-In Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161303172448

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Kitchen - Country
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: 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, On Street

Utilities

  • Refuse: 37.41
  • 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: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 5882
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5882.00
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5281.92
  • Assessor Parcel Number: 161303172448
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Gebremichael Mizan K
Bought by
Gebremichael Mizan K and Gebrhana Fasika G
Current Estimated Value
$603,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Outstanding Balance
$224,506
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$378,782

Purchase Details

Listed on
Feb 27, 2014
Closed on
Apr 18, 2014
Sold by
Morris Robert J
Bought by
Gebremichael Mizan K
Seller's Agent
Oscar Sayan
Realty Advantage of Maryland LLC
Buyer's Agent
Alex Goumilevski
RE/MAX Realty Services
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$337,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Morris Robert J and Morris O G
Bought by
Morris Robert J

Purchase Details

Closed on
Jul 13, 1972
Sold by
Kelley Seba W and Kelley T
Bought by
Morris Robert J and G O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gebremichael Mizan K -- Michaels T&E Llc
Gebremichael Mizan K $355,000 Chicago Title Insurance Co
Morris Robert J -- --
Morris Robert J -- --
Morris Robert J $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebremichael Mizan K $304,800
Previous Owner Gebremichael Mizan K $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $355,000 0.0% $319 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $355,000 -- $319 / 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 $7,457 $473,933 -- --
2024 $7,457 $427,100 $305,700 $121,400
2023 $8,049 $421,533 $0 $0
2022 $6,333 $415,967 $0 $0
2021 $6,174 $410,400 $305,700 $104,700
2020 $6,174 $410,400 $305,700 $104,700
2019 $6,161 $410,400 $305,700 $104,700
2018 $6,348 $423,700 $331,600 $92,100
2017 $5,733 $385,300 $0 $0
2016 $4,417 $346,900 $0 $0
2015 $4,417 $308,500 $0 $0
2014 $4,417 $308,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002852624

Bright MLS

APN: 13-03172448