$189,000
UNDER CONTRACT

721 Erie Ave Unit 7216 Takoma Park, MD 20912

Estimated payment $1,797/month

Total Views 12,380
1 Bed
1 Bath
489 Sq Ft
$387 Price per Sq Ft

Highlights

  • Penthouse
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Montgomery Blair High School Rated A+
  • Wood Flooring
  • Tudor Architecture

About This Home

OPEN SUNDAY April 13th 2-4 pm. Experience the allure of this delightful one-bedroom, one-bath corner PENTHOUSE. This distinctive residence features windows on three sides, flooding the space with abundant natural light. Upon entry, the inviting hardwood floors in the living area create an immediate sense of home, enhanced by the sunlight streaming in. The property artfully combines historic charm with a modernized kitchen equipped with stainless steel appliances and an incredible amount of cabinet storage. The generously sized bedroom includes an en suite bath, while the convenience of an in-unit washer, alongside community laundry facilities, adds to its appeal. A garage space and additional storage further enhance this exceptional find, all nestled within a unique pet-friendly condominium community comprising just two buildings and a total of 16 units. Residents will enjoy proximity to the renowned Takoma Park Farmers Market, unique shops, diverse dining options, and convenient access to the Takoma Park Metro Station.

Listing Agent

Annette Wagner

Centurion Properties License #BR98360796

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1935

Lot Details

  • Property is in very good condition

HOA Fees

  • $527 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Parking Space Conveys

Home Design

  • Penthouse
  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 489 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303636462

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, heat, insurance, lawn care rear, lawn care side, lawn care front, lawn maintenance, management, parking fee, reserve funds, sewer, trash, water, snow removal
  • Low-Rise Condominium
  • Erie Avenue Condominium Condos
  • Erie Avenue Condominium Community
  • Takoma Park Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,574

Year Built

Built in 1935

Lot Details

0

HOA Fees

$527 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Tudor
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-15
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: OPEN SUNDAY April 13th 2-4 pm. Experience the allure of this delightful one-bedroom, one-bath corner PENTHOUSE. This distinctive residence features windows on three sides, flooding the space with abundant natural light. Upon entry, the inviting hardwood floors in the living area create an immediate sense of home, enhanced by the sunlight streaming in. The property artfully combines historic charm with a modernized kitchen equipped with stainless steel appliances and an incredible amount of cabinet storage. The generously sized bedroom includes an en suite bath, while the convenience of an in-unit washer, alongside community laundry facilities, adds to its appeal. A garage space and additional storage further enhance this exceptional find, all nestled within a unique pet-friendly condominium community comprising just two buildings and a total of 16 units. Residents will enjoy proximity to the renowned Takoma Park Farmers Market, unique shops, diverse dining options, and convenient access to the Takoma Park Metro Station.
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4224
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Recessed Lighting, Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 1
  • Basement: No
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 489
  • Living Area Sq Ft: 489
  • Price Per Sq Ft: 386.50
  • Above Grade Finished Sq Ft: 489
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 721

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Parking Space Conveys
  • Garage Features: Garage - Rear Entry, Covered Parking, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 19.12
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable, Broadband, DSL

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 527.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Erie Avenue Condominium
  • HOA Condo Co-Op Amenities: Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Care Rear, Lawn Care Side, Lawn Care Front, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Sewer, Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: 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: U
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2574.22
  • Assessor Parcel Number: 161303636462
  • Tax Total Finished Sq Ft: 489
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,404 $140,000 $42,000 $98,000
2023 $1,712 $140,000 $42,000 $98,000
2022 $1,626 $140,000 $42,000 $98,000
2021 $1,624 $140,000 $42,000 $98,000
2020 $1,597 $138,333 $0 $0
2019 $3,137 $136,667 $0 $0
2018 $2,206 $135,000 $40,500 $94,500
2017 $1,410 $128,333 $0 $0
2016 -- $121,667 $0 $0
2015 $1,550 $115,000 $0 $0
2014 $1,550 $115,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 For Sale $189,000 -- $387 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $175,000 Terrain Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $152,358 VA
Previous Owner $158,332 VA
Previous Owner $1,915,000 Unknown
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2166736

Bright MLS

APN: 13-03636462