Seller's Agent in 2022
Ahmad Wardak
Compass
(443) 699-1223
1 in this area
43 Total Sales
7908 Lockney Ave Takoma Park, MD 20912
Estimated Value: $608,000 - $702,672
6
Beds
2
Baths
2,224
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- Wood Flooring
- No HOA
- Takoma Park Elementary School Rated A-
- 1 Fireplace
- Forced Air Heating and Cooling System
About This Home
As of September 2022Price Improvement 7/7 by $20,000!
Welcome to the exceptional 7908 Lockney Ave in sought after Takoma Park. This fully renovated brick home impresses you the moment you walk in, with its thoughtful design and meticulous attention to detail. The open concept, neutral colors, recess lighting, smart thermostat and large windows give the home a modern, clean look. The main level offers three bedrooms, a full bathroom, a large kitchen, dining space, living room and a wood burning fireplace. Prepared to be wowed as you step into the lower level, designed to be both functional and aesthetically pleasing. The lower level has an additional three bedrooms, full bathroom, kitchen, dining area, and living room/rec room. This magnificently designed lower level is sure to impress the pickiest of homeowners. With its own private entrance, the lower level can be used to generate income, house your guests/in-laws, or as additional space for your use and enjoyment. The spacious backyard and ample parking make this home a true gem. It is conveniently located with easy access to the Beltway, Washington DC, shopping centers, restaurants, Longbranch and Sligo Park. The soon to come purple Metro line is sure to be a boost for the area. So, what are you waiting for? Schedule that showing today!
Seller has spent over $70.000 upgrading/renovating this home since previous listing. Changes made in the last 30 days!
New architectural roof;
Updated plumbing and electric;
Insulation added to attic;
Kitchen reconfigured on the main level;
Changes made to the lower level:
Completely new and more functional layout (full gut);
Added kitchen ;
Added bedroom;
New functional bathroom;
New appliances;
New flooring;
Added recess lighting;
And so much more!
Please note that this property qualifies for George Mason Mortgage's "Welcome Home" Portfolio Grant program. The program offers a $10,000 grant, no PMI (with as little as 3% down) and an interest rate that is lower than the current market rate!
Last Agent to Sell the Property
(443) 699-1223 ahmad.wardak@cbmove.com Compass Listed on: 06/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,931
Year Built
- Built in 1954
Lot Details
- 5,882 Sq Ft Lot
- Property is in excellent condition
- Property is zoned R60
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Brick Foundation
- Architectural Shingle Roof
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Wood Flooring
Bedrooms and Bathrooms
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-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 12
- Assessor Parcel Number 161303160782
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2022
Closed on
Sep 9, 2022
Sold by
Mall Shireen Z
Bought by
Yerefu Getachew and Hailu Enework
Seller's Agent
Ahmad Wardak
Compass
Buyer's Agent
Daniel Hailu
Taylor Properties
List Price
$599,000
Sold Price
$577,000
Premium/Discount to List
-$22,000
-3.67%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,168
Avg. Annual Appreciation
4.55%
Original Mortgage
$566,549
Outstanding Balance
$541,141
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$125,027
Purchase Details
Closed on
Jul 31, 2012
Sold by
Mall Shireen
Bought by
Mall Shireen and Mall Sunil Z
Purchase Details
Closed on
May 27, 2011
Sold by
Mall Shireen and Mall Sunil Z
Bought by
Mall Shireen
Purchase Details
Closed on
Sep 28, 2010
Sold by
Mall Shireen
Bought by
Mall Shireen
Purchase Details
Closed on
Aug 6, 2003
Sold by
Kahn Afzal I and Kahn M S
Bought by
Mall Shireen
Purchase Details
Closed on
Jun 11, 1996
Sold by
Kamaldinni Paulraj Y and Kamaldinni Sulochana K
Bought by
Kahn Afzal I & Shireen Mall
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yerefu Getachew | $577,000 | -- | |
| Mall Shireen | -- | Veritas Title | |
| Mall Shireen | -- | Veritas Title Llc | |
| Mall Shireen | -- | -- | |
| Mall Shireen | -- | -- | |
| Kahn Afzal I & Shireen Mall | $149,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yerefu Getachew | $566,549 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2022 09/09/22 | Sold | $577,000 | +1.4% | $259 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | Price Changed | $569,000 | -1.7% | $256 / Sq Ft |
| 07/07/2022 07/07/22 | Price Changed | $579,000 | -3.3% | $260 / Sq Ft |
| 06/10/2022 06/10/22 | For Sale | $599,000 | -- | $269 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,461 | $496,800 | -- | -- |
| 2024 | $7,461 | $427,300 | $305,700 | $121,600 |
| 2023 | $8,053 | $421,733 | $0 | $0 |
| 2022 | $6,337 | $416,167 | $0 | $0 |
| 2021 | $6,239 | $410,600 | $305,700 | $104,900 |
| 2020 | $12,354 | $410,600 | $305,700 | $104,900 |
| 2019 | $6,165 | $410,600 | $305,700 | $104,900 |
| 2018 | $6,137 | $423,800 | $331,600 | $92,200 |
| 2017 | $5,158 | $385,400 | $0 | $0 |
| 2016 | $4,332 | $347,000 | $0 | $0 |
| 2015 | $4,332 | $308,600 | $0 | $0 |
| 2014 | $4,332 | $308,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ahmad Wardak
-
Daniel Hailu
D
Buyer's Agent in 2022
Daniel Hailu
Taylor Properties
(202) 500-5095
1 in this area
92 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2055330
APN: 13-03160782
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