$400,000

7427 Carroll Ave Takoma Park, MD 20912

Estimated payment $2,633/month

Total Views 18,643
-- Bed
-- Bath
3,338 Sq Ft
$120 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • More Than Two Accessible Exits
  • Takoma Park Elementary School Rated A-
  • 1 Fireplace
  • 3-minute walk to Opal A. Daniels Neighborhood Park

About This Home

ONLINE AUCTION: Bidding begins 4/1/2025 @ 10:00 AM. Bidding ends 4/3/2025 @ 12:20 PM. List Price is Suggested Opening Bid. Deposit: $50,000.

ATTENTION INVESTORS! Rarely available multi-unit building in the Takoma Park area of Montgomery County—just minutes from D.C. Only a little over 1 mile from Red Line station Takoma Park. This prime location at 7427 Carroll Ave features separately metered gas and electric, and a carport with additional parking pad in the rear. Nearby are Washington Adventist University, and Sligo Creek Park, while the Langley Park Shopping Center offers a variety of dining and retail options. Major traffic arteries include Carroll Avenue (MD-195), New Hampshire Avenue (MD-650), and East-West Highway (MD-410).

Listing Agent

Adam Shpritz

Ashland Auction Group LLC License #RMR004765

Co-Listing Agent

Lee Shpritz

Ashland Auction Group LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Lot

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • 6,810 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 3A
  • Assessor Parcel Number 161301067727

Community Details

Overview

  • 3 Units

Building Details

  • 1 Vacant Unit
  • Gross Income $45,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: ONLINE AUCTION: Bidding begins 4/1/2025 @ 10:00 AM. Bidding ends 4/3/2025 @ 12:20 PM. List Price is Suggested Opening Bid. Deposit: $50,000. ATTENTION INVESTORS! Rarely available multi-unit building in the Takoma Park area of Montgomery County—just minutes from D.C. Only a little over 1 mile from Red Line station Takoma Park. This prime location at 7427 Carroll Ave features separately metered gas and electric, and a carport with additional parking pad in the rear. Nearby are Washington Adventist University, and Sligo Creek Park, while the Langley Park Shopping Center offers a variety of dining and retail options. Major traffic arteries include Carroll Avenue (MD-195), New Hampshire Avenue (MD-650), and East-West Highway (MD-410).
  • Special Features: Auction

Interior Features

  • Flooring Type: Hardwood, Wood, Ceramic Tile
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4032
  • Living Area Sq Ft: 3338
  • Price Per Sq Ft: 148.81
  • Above Grade Finished Sq Ft: 2688
  • Below Grade Finished Sq Ft: 650
  • Below Grade Sq Ft: 694
  • Total Below Grade Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7427

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Parking Lot

Utilities

  • Refuse: 38.07
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6810.00
  • Year Assessed: 2024
  • Zoning: R30
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13870.00
  • Assessor Parcel Number: 161301067727
  • Tax Lot: 3A
  • Tax Total Finished Sq Ft: 3338
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 45120.00
  • Other Units: Unit 1,Unit 2,Unit 3

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 $13,870 $802,100 $338,500 $463,600
2023 $13,177 $802,100 $338,500 $463,600
2022 $12,703 $802,100 $338,500 $463,600
2021 $12,949 $846,100 $338,500 $507,600
2020 $12,949 $819,400 $0 $0
2019 $12,440 $792,700 $0 $0
2018 $11,941 $766,000 $338,500 $427,500
2017 $10,929 $698,367 $0 $0
2016 -- $630,733 $0 $0
2015 $8,321 $563,100 $0 $0
2014 $8,321 $561,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $400,000 -20.0% $120 / Sq Ft
02/10/2025 02/10/25 Price Changed $500,000 +25.0% $150 / Sq Ft
12/13/2024 12/13/24 For Sale $400,000 -- $120 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2158386

Bright MLS

APN: 13-01067727