NOT LISTED FOR SALE

8407 Piney Branch Rd Takoma Park, MD 20901

Estimated Value: $665,000 - $823,000

4 Beds
2.5 Baths
2,056 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $680,000 $331 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,726/month

9 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Property is in excellent condition
  • Montgomery Blair High School Rated A+
  • Forced Air Heating and Cooling System
  • 2-minute walk to Flower Avenue Urban Park

About This Home

As of June 2022

This property features 4 bed 2.5 bath, large kitchen with a beautiful granite countertops, hardwood floors, Almost 10,000 sq ft lot perfect for entertainment, parking for 6 cars, front and back entrance. Located only few blocks from the new upcoming purple line metro station, less then 5 minutes to I- 495, and a few blocks from the DC line, 8 minutes to Silver Spring Down Town. Next to the beautiful Sligo Creek PKWY. Live close to the nature with all the convenience of the city. This is an once in a life time opportunity.

Last Agent to Sell the Property

Andre Margutti

Redfin Corp License #630206 Listed on: 05/12/2022

Redfin Corp

Last Buyer's Agent

Matthew Spence

The KW Collective License #647310

The KW Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,353

Year Built

  • Built in 1962

Lot Details

  • 9,632 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R60

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Connecting Stairway

Bedrooms and Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Gravel Driveway

Utilities

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

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 161301072187

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,353

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-12
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: This property features 4 bed 2.5 bath, large kitchen with a beautiful granite countertops, hardwood floors, Almost 10,000 sq ft lot perfect for entertainment, parking for 6 cars, front and back entrance. Located only few blocks from the new upcoming purple line metro station, less then 5 minutes to I- 495, and a few blocks from the DC line, 8 minutes to Silver Spring Down Town. Next to the beautiful Sligo Creek PKWY. Live close to the nature with all the convenience of the city. This is an once in a life time opportunity.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 3116
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 386.41
  • Above Grade Finished Sq Ft: 1656
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 1060
  • Total Below Grade Sq Ft: 1460
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8407

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Gravel Driveway, Paved Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 251300.00
  • Land Assessed Value: 341700.00
  • Land Use Code: R
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9632.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14010996
  • Tax Annual Amount: 8353.00
  • Assessor Parcel Number: 161301072187
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1460
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/10/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 10, 2022
Sold by
Andre Margutti
Bought by
Scherer Matthew Christian and Scherer Emily Jace
Seller's Agent
Andre Margutti
Redfin Corp
Buyer's Agent
Matthew Spence
The KW Collective
List Price
$639,900
Sold Price
$680,000
Premium/Discount to List
$40,100
6.27%
Total Days on Market
9
Current Estimated Value
$727,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,926
Avg. Annual Appreciation
1.10%
Original Mortgage
$646,000
Outstanding Balance
$618,806
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$83,686

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jan 9, 2014
Sold by
Moore Paulette and Moore Helen
Bought by
Margutti Andre
Seller's Agent
Neil Bacchus
EXP Realty, LLC
Buyer's Agent
Andre Margutti
Redfin Corp
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$368,207
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2006
Sold by
Moore Helen
Bought by
Moore Helen

Purchase Details

Closed on
May 11, 2005
Sold by
Moore Helen
Bought by
Moore Helen
Source: Public Records

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Range of Values:

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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
Scherer Matthew Christian $680,000 First American Title
Margutti Andre $375,000 C L A Title & Escrow
Moore Helen -- --
Moore Helen -- --
Moore Helen -- --
Moore Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Matthew Christian $646,000
Previous Owner Margutti Andre $95,060
Previous Owner Margutti Andre $104,765
Previous Owner Margutti Andre $367,846
Previous Owner Margutti Andre $368,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $680,000 +6.3% $331 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $639,900 +70.6% $311 / Sq Ft
01/09/2014 01/09/14 Sold $375,000 -6.2% $257 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $399,900 +6.6% $274 / Sq Ft
09/06/2013 09/06/13 Off Market $375,000 -- --
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
2024 $10,358 $593,000 $341,700 $251,300
2023 $9,092 $559,533 $0 $0
2022 $8,217 $526,067 $0 $0
2021 $7,661 $492,600 $341,700 $150,900
2020 $14,758 $483,767 $0 $0
2019 $7,221 $474,933 $0 $0
2018 $7,041 $466,100 $341,700 $124,400
2017 $5,813 $421,867 $0 $0
2016 $4,948 $377,633 $0 $0
2015 $4,948 $333,400 $0 $0
2014 $4,948 $333,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2047944

Bright MLS

APN: 13-01072187