7506 16th Ave Takoma Park, MD 20912
Lewisdale Neighborhood
2
Beds
1.5
Baths
1,357
Sq Ft
8,886
Sq Ft Lot
Highlights
- 0.2 Acre Lot
- No HOA
- Forced Air Heating and Cooling System
- Colonial Architecture
- Chairlift
- Ceiling Fan
About This Home
As of February 2025SALE PRICE REDUCED AGAIN FOR A QUICK SALE WITH A $10,000 SELLER CONSESSION ON TOP OF A $5,000 GRANT UPON BUYER QUALIFICATION! PRIME LOCATION ALERT! This charming 3-story vintage all-brick single-family home boasts 2 bedrooms and 2 bathrooms, nestled in the heart of Takoma Park. Just 2 miles from the Prince George's Plaza Metro Station/Shopping and minutes from the Capital Beltway, convenience is at your doorstep. The home features a separate living and dining room, a spacious 21'x15' bonus room addition with a half bath that could serve as a 3rd bedroom or family room, and a beautiful screened-in porch leading to a serene, fenced-in backyard oasis including a raised patio and custom-built BBQ grill/fire pit. Additional perks include new paint, carpet, vinyl plank floors, brush nickel LED light fixtures & fan, LED bulbs throughout, solid wood doors, finished basement to use as you desire, floored attic and an outdoor shed. The seller has included a Buyers Home Warranty Agreement. This property is also eligible for Majority Minority Census Tract (MMCT) program. The program hi-lights are: Zero down payment, No PMI, 620 minimum credit score, limited renovation can be financed, $5,000 grant at settlement, not required to be a first-time buyer. MUST SEE TO APPRECIATE!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,365
Year Built
- Built in 1947
Lot Details
- 8,886 Sq Ft Lot
- Chain Link Fence
- Property is in average condition
- Property is zoned RSF65, RSF65
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- Brick Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Water Proofing System
- Sump Pump
- Laundry in Basement
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Accessible Home Design
- Chairlift
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Carole Highlands Subdivision
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 17171972124
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $460,000 | -3.2% | $339 / Sq Ft |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | Price Changed | $475,000 | -4.8% | $350 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $499,000 | -3.1% | $368 / Sq Ft |
| 12/27/2024 12/27/24 | Price Changed | $515,000 | -2.8% | $380 / Sq Ft |
| 12/15/2024 12/15/24 | Price Changed | $530,000 | -6.2% | $391 / Sq Ft |
| 12/03/2024 12/03/24 | For Sale | $565,000 | 0.0% | $416 / Sq Ft |
| 10/28/2024 10/28/24 | Off Market | $565,000 | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $565,000 | 0.0% | $416 / Sq Ft |
| 10/03/2024 10/03/24 | Price Changed | $565,000 | +7.6% | $416 / Sq Ft |
| 08/05/2024 08/05/24 | Price Changed | $525,000 | -- | $387 / Sq Ft |
Source: Bright MLS
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 | $4,281 | $361,100 | $115,900 | $245,200 |
| 2023 | $3,935 | $353,833 | $0 | $0 |
| 2022 | $4,049 | $346,567 | $0 | $0 |
| 2021 | $3,920 | $339,300 | $100,400 | $238,900 |
| 2020 | $3,837 | $326,433 | $0 | $0 |
| 2019 | $3,665 | $313,567 | $0 | $0 |
| 2018 | $3,489 | $300,700 | $75,400 | $225,300 |
| 2017 | $3,331 | $267,933 | $0 | $0 |
| 2016 | -- | $235,167 | $0 | $0 |
| 2015 | $3,098 | $202,400 | $0 | $0 |
| 2014 | $3,098 | $202,400 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,200 | New Conventional | |
| Closed | $446,200 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | Harvest Title | |
| Deed | $460,000 | Harvest Title | |
| Deed | $40,000 | -- |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDPG2121384
APN: 17-1972124
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