NOT LISTED FOR SALE

8308 Flower Ave Unit 501 Takoma Park, MD 20912

Estimated Value: $231,000 - $280,080

2 Beds
1.5 Baths
1,016 Sq Ft
$380/mo HOA Fee

Last Sold December 10, 2013

Last sale price $175,000 $172 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,076/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Galley Kitchen
  • Montgomery Blair High School Rated A+
  • Subterranean Parking
  • 1-minute walk to Toatley-Fraser Park

About This Home

As of December 2013

This spacious and sun-filled 2 BR condo is a top floor corner unit with updated kitchen and bathrooms. Conveniently located near 495 with easy access to bus/metro to downtown Silver Spring, and DC. Large Master BR, w/ walk in closet and lots of storage. Huge balcony and just steps to Sligo Creek Trail for R&R. Agent owned.

Last Agent to Sell the Property

Ryan Sulchek

RE/MAX Realty Centre, Inc. License #MRIS:3051731 Listed on: 09/17/2013

Last Buyer's Agent

Wendy Vasquez

Smart Realty, LLC License #638314

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1963

Lot Details

  • 1,133

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,016 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Double Pane Windows
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • Subterranean Parking
  • Parking Space Number Location: 501
  • On-Site Parking for Rent
  • Off-Site Parking

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 161303401695

Community Details

Overview

  • Association fees include exterior building maintenance, gas, heat, air conditioning, common area maintenance, lawn maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • 31 Units
  • Mid-Rise Condominium
  • Takoma Park Community
  • The community has rules related to commercial vehicles not allowed, covenants

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,232

Year Built

Built in 1963

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Price Per Sq Ft: 172.24
  • Above Grade Finished Sq Ft: 1016
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Tar/Gravel
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent, Garage
  • Parking Space Number Assigned: 501
  • Garage Features: Underground
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 380.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Heat, Air Conditioning, Common Area Maintenance, Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Covenants
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 101500.00
  • Land Assessed Value: 43500.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14090748
  • Tax Annual Amount: 3231.53
  • Assessor Parcel Number: 161303401695
  • Tax Total Finished Sq Ft: 1016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/10/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 9, 2013
Sold by
Sulchek Ryan T and Sulchek Ronald Zigmund
Bought by
Moffitt Amy T
Seller's Agent
Ryan Sulchek
RE/MAX Realty Centre, Inc.
Buyer's Agent
Wendy Vasquez
Smart Realty, LLC
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$259,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,270
Avg. Annual Appreciation
3.66%
Original Mortgage
$166,250
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Anspach Bensonn Z
Bought by
Sulchek Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
Gray Dawn
Bought by
Anspach Bensonn Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Gray Dawn
Bought by
Anspach Bensonn Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Phillips Tara L
Bought by
Gray Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2003
Sold by
8308 Flower Avenue Llc
Bought by
Phillips Tara L
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
Moffitt Amy T $175,000 Home First Title Group Llc
Sulchek Ryan T $105,000 Fidelity
Anspach Bensonn Z $275,000 --
Anspach Bensonn Z $275,000 --
Gray Dawn $230,000 --
Phillips Tara L $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moffitt Amy T $169,150
Closed Moffitt Amy T $166,250
Previous Owner Sulchek Ryan T $70,000
Previous Owner Anspach Bensonn Z $261,250
Previous Owner Anspach Bensonn Z $261,250
Previous Owner Gray Dawn $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $175,000 0.0% $172 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $175,000 -- $172 / 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 $3,426 $215,000 -- --
2024 $3,426 $200,000 $60,000 $140,000
2023 $2,536 $188,333 $0 $0
2022 $2,903 $176,667 $0 $0
2021 $2,035 $165,000 $49,500 $115,500
2020 $4,015 $163,333 $0 $0
2019 $1,979 $161,667 $0 $0
2018 $1,938 $160,000 $48,000 $112,000
2017 $1,896 $155,000 $0 $0
2016 $2,456 $150,000 $0 $0
2015 $2,456 $145,000 $0 $0
2014 $2,456 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan Sulchek

    RE/MAX

  • Wendy Vasquez

    Buyer's Agent in 2013

    Wendy Vasquez

    Smart Realty, LLC

    (240) 370-2924

    34 Total Sales

    Wendy Vasquez
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Map

Source: Bright MLS

MLS Number: 1003720584

Bright MLS

APN: 13-03401695

Maryland Montgomery County Takoma Park 20912

8308 Flower Ave Unit 501, Takoma Park, MD

This home is located at 8308 Flower Ave Unit 501, Takoma Park, MD 20912 since 17 September 2013 and is currently estimated at $259,270, approximately $255 per square foot. This property was built in 1963. 8308 Flower Ave Unit 501 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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