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402 Elm Ave, Takoma Park, MD, 20912

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
2 Full Baths
1,098 SqFt
$638/SqFt
House

Location

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402 Elm Ave, Takoma Park$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBasement Garage, Attached Garage, Driveway
Garage1 space
Year Built1951
HeatingHeat Pump
CoolingWindow Unit(s)
BasementYes
MLS #MDMC2141872
Lot Size0.13 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 402 Elm Ave

Coming Soon

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Ranch/Rambler
  • Year Built: 1951
  • Stories: 2
  • Living Area: 1,098 SqFt

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (410) 531-0321
  • Listing Agent: Samrat Behl

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Basement Garage, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Take exit 28B to merge onto MD-650 S/New Hampshire Ave toward Takoma Park 0.1 mi Merge onto MD-650 S/New Hampshire Ave 3.3 mi Turn right onto Ethan Allen Ave in 0.1 mi Turn left onto Elm Ave The destination will be on the right

Municipality:

  • City Of Takoma Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $638/SqFt

Tax Information:

  • Annual Amount: $7,388
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Takoma Park, MD.

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Takoma Park, MD

City

Med. Sold Price

$715K

Med. Price/SqFt

$372

Avg. Days On Market

15

# of Sold Homes

12

402 Elm Ave vs Takoma Park

81 DAYS ON ROCKET

+66 Days

$700,000

-$15K Less

$638/SqFt

+$266 More

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $266/SqFt more than other homes in Takoma Park, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2141872

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (410) 531-0321
  • Listing Agent: Samrat Behl

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,388$448,100
2020$6,043$448,100
2018$6,814$452,200

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-149941
6
/10

  • Piney Branch Elementary School

  • 7510 Maple Ave

  • 0.65 miles

  • Public District Grades 3-5

school-card-donut-149942
5
/10

  • Hope Community Public Charter School - Lamond

  • 6200 Kansas Ave NE

  • 0.69 miles

  • Public Charter Grades PK-5

school-card-donut-149943
7
/10

  • Sela Public Charter School

  • 6015 Chillum Pl NE

  • 0.79 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,877. The most common annual income of people living in Takoma Park, MD is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Elm Ave

What is the listing price of this property?

The listing price of 402 Elm Ave property is $700,000.

What type of property is this?

The property 402 Elm Ave is a house located in Takoma Park, Maryland, 20912.

Is this property for sale now?

Accepting Backup Offers: 402 Elm Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,388 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 402 Elm Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 402 Elm Ave is 1,098 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Elm Ave is 1951.

Rocket Homes›Maryland›Montgomery County›Takoma Park›20912›402 Elm Ave

This home is located at 402 Elm Ave in Takoma Park, MD and zip code 20912. This 1,098 square foot home, which was built in 1951, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $700,000.

While more than 7 listings in Takoma Park, MD in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Takoma Park, MD increased by 24.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 15 days, the median list price was $715,000.

From Rocket Homes Real Estate and based on county public records data.

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