NOT LISTED FOR SALE

805 Colby Ave Takoma Park, MD 20912

Estimated Value: $1,337,000 - $1,567,717

6 Beds
5.5 Baths
5,467 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $1,220,000 $223 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,743/month

90 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Colonial Architecture
  • 1-minute walk to Colby Neighborhood Park

About This Home

As of November 2023

**OPEN HOUSE SUN 10/15 from 1-4pm** PRICE REDUCED 9/25 ** This home is ALOT larger then it appears in the pictures. SEE VIRTUAL TOUR. Come see this beautiful LARGE 3 level spacious single family home featuring over 5,400 sqft of living space in a cozy Takoma Park neighborhood. Located on a private street with no public traffic. 6 legal bedrooms, 5 and 1/2 bathrooms, with 1 bedroom on main level with its own full bath. Primary bedroom with 2 large walk in closets and sitting area. 1 Laundry on upper level and 1 in basement. 90% of the home is brand new with basement foot print being the only partial original space. LOTS of extra rooms to include extra living room, separate office, separate dining room, large separate breakfast area with a huge eat in kitchen. Big private backyard and driveway to fit about 10 cars. Come see this wonderful home before it’s gone!

Last Agent to Sell the Property

Mohammed Waseem

(703) 899-2365 1stdowngroup@gmail.com 1ST Down Real Estate Group, LLC. Listed on: 07/19/2023

Last Buyer's Agent

tiernan dickens

(202) 486-2473 tiernan.dickens@gmail.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,083

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,000 Sq Ft Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Carpet
  • Attic
  • Finished Basement

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Shed

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 161303177100

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,083

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-07-19
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Attic, Carpet, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Island, Recessed Lighting, Soaking Tub, Sprinkler System, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5467
  • Living Area Sq Ft: 5467
  • Price Per Sq Ft: 290.06
  • Above Grade Finished Sq Ft: 4306
  • Below Grade Finished Sq Ft: 1161
  • Total Below Grade Sq Ft: 1161
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18083.00
  • Assessor Parcel Number: 161303177100
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Nov 16, 2023
Sold by
805 Colby Llc
Bought by
Gurcanlar Tugba and Podwol Joseph
Seller's Agent
Mohammed Waseem
1ST Down Real Estate Group, LLC.
Buyer's Agent
tiernan dickens
Redfin Corp
List Price
$1,399,000
Sold Price
$1,220,000
Premium/Discount to List
-$179,000
-12.79%
Views
157
Current Estimated Value
$1,476,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,929
Avg. Annual Appreciation
9.92%
Original Mortgage
$874,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2021
Sold by
Specialty Lending Group Llc
Bought by
805 Colby Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2015
Sold by
Pannell Larlane L and Edwards Reuben
Bought by
Edwards Enterprises Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1978
Sold by
Thomas Everett E
Bought by
Brown Cecil
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
Gurcanlar Tugba $1,220,000 Title Forward
Gurcanlar Tugba $1,220,000 Title Forward
805 Colby Llc $200,000 Fidelity National Ttl Group
Specialty Lending Group Llc $200,000 The Title Company
Edwards Enterprises Group Llc $352,500 Millennium Title & Abstract
Brown Cecil $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurcanlar Tugba $874,000
Previous Owner Specialty Lending Group Llc $750,000
Previous Owner Edwards Enterprises Group Llc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $1,220,000 -2.3% $223 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $1,249,000 -3.8% $228 / Sq Ft
09/09/2023 09/09/23 Price Changed $1,299,000 -3.7% $238 / Sq Ft
08/15/2023 08/15/23 Price Changed $1,349,000 -1.9% $247 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,375,000 -1.7% $252 / Sq Ft
07/19/2023 07/19/23 For Sale $1,399,000 -- $256 / 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 $23,587 $1,422,833 -- --
2024 $23,587 $1,337,400 $332,500 $1,004,900
2023 $21,149 $1,194,167 $0 $0
2022 $18,083 $1,050,933 $0 $0
2021 $15,693 $907,700 $332,500 $575,200
2020 $14,836 $866,700 $0 $0
2019 $14,148 $825,700 $0 $0
2018 $13,516 $784,700 $362,500 $422,200
2017 $6,857 $436,300 $0 $0
2016 -- $394,400 $0 $0
2015 $5,421 $352,500 $0 $0
2014 $5,421 $352,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2098732

Bright MLS

APN: 13-03177100