NOT LISTED FOR SALE

8102 Garland Ave Takoma Park, MD 20912

Silver Spring Park Neighborhood

Estimated Value: $542,000 - $816,000

-- Bed
3 Baths
2,045 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $520,000 $254 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,996/month

78 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Garden View
  • Montgomery Blair High School Rated A+
  • Space For Rooms
  • 1 Fireplace

About This Home

As of November 2023

Deal fell through just a few days before closing - second chance for investors! Please ignore Days on Market while property went through probate because it's an Estate sale. Your opportunity to own three occupied units at a bargain price. No delinquencies. Three units are paying as follows: Unit One - 2 BR, 1 bath, Unit 2 - 1 BR, 1 bath, Basement - 2 BR, 1 bath - Basement unit tenant rents the garage - rent for garage is going up in September. Tenants are NON-smokers, No pets. Currently, building managed at 5%/month. Gas and electric paid by tenants; electric is separately metered. Gas and water bill divided by number of tenants.

Last Agent to Sell the Property

Jan Rivera

(301) 717-9114 janlagringa@aol.com CASAS Real Estate, Inc. License #314567 Listed on: 08/07/2023

Last Buyer's Agent

Katina Benenate

(404) 849-8911 katina.benenate@compass.com Compass License #0225251813

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 1938

Lot Details

  • 4,949 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1 Fireplace
  • Garden Views

Flooring

  • Wood
  • Laminate

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Side Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Location

  • Suburban Location

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, trash collection
  • Tax Lot P2
  • Assessor Parcel Number 161301006104

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Maintenance Expense $3,000
  • Manager Expense $208
  • Other Expense $2,500
  • Operating Expense $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,618

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Other Expense: 2500.00
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Laminate Plank
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Heated, Improved, Outside Entrance, Partially Finished, Side Entrance, Space For Rooms, Sump Pump, Walkout Stairs, Windows
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2045
  • Price Per Sq Ft: 363.98
  • Above Grade Finished Sq Ft: 1305
  • Below Grade Finished Sq Ft: 740
  • Below Grade Sq Ft: 130
  • Total Below Grade Sq Ft: 870
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8102

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 1098.96
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Professional Management Expense: 208.00
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4949.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 49930.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6618.00
  • Assessor Parcel Number: 161301006104
  • Tax Lot: P2
  • Tax Total Finished Sq Ft: 2045
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/09/2023

Multi Family

  • Gross Income: 49930.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 7200.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Nov 9, 2023
Sold by
Roberts Judy Kay
Bought by
Garland Park Properties Llc
Seller's Agent
Jan Rivera
CASAS Real Estate, Inc.
Buyer's Agent
Katina Benenate
Compass
List Price
$475,000
Sold Price
$520,000
Premium/Discount to List
$45,000
9.47%
Views
67
Current Estimated Value
$645,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,644
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
May 28, 1992
Bought by
Roberts Herman L
Source: Public Records

Range of Values:

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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
Garland Park Properties Llc $520,000 Fidelity National Title
Garland Park Properties Llc $520,000 Fidelity National Title
Roberts Herman L $92,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $520,000 +9.5% $254 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $475,000 -- $232 / 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 $7,029 $498,433 -- --
2024 $7,029 $474,800 $217,000 $257,800
2023 $6,970 $474,800 $217,000 $257,800
2022 $3,827 $474,800 $217,000 $257,800
2021 $5,878 $481,000 $188,900 $292,100
2020 $5,878 $432,167 $0 $0
2019 $5,269 $383,333 $0 $0
2018 $4,658 $334,500 $188,900 $145,600
2017 $4,774 $334,267 $0 $0
2016 -- $334,033 $0 $0
2015 $4,571 $333,800 $0 $0
2014 $4,571 $333,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jan Rivera

    CASAS Real Estate, Inc.

    (301) 717-9114

    2 in this area

    21 Total Sales

    Jan Rivera
    Section Image
  • Katina Benenate

    Buyer's Agent in 2023

    Katina Benenate

    Compass

    (404) 849-8911

    2 in this area

    43 Total Sales

    Katina Benenate
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2101440

Bright MLS

APN: 13-01006104

Maryland Montgomery County Takoma Park 20912 Silver Spring Park

8102 Garland Ave, Takoma Park, MD

This home is located at 8102 Garland Ave, Takoma Park, MD 20912 since 07 August 2023 and is currently estimated at $645,644, approximately $315 per square foot. This property was built in 1938. 8102 Garland Ave is a home located in Montgomery County with nearby schools including Rolling Terrace Elementary School, Silver Spring International Middle School, and Montgomery Blair High School.

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