4 months on rocket

7506 16th Ave, Takoma Park, MD, 20912

$565,000

Home List Price

$6,709*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,357 SqFt
$416/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7506 16th Ave, Takoma Park$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, On Street
Year Built1947
HeatingCentral, Forced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceBrick
MLS #MDPG2121384
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 7506 16th Ave

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 family room addition with a half bath, 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, extra storage space in the basement, floored attic and an outdoor shed. The kitchen/bath needs improvement. The seller has included a Buyers Home Warranty Agreement and will consider offering a buyer's concession for additional home improvements or closing cost assistance.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1947
  • Stories: 3
  • Living Area: 1,357 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (703) 518-8300
  • Listing Agent: James R Haskins

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Brick

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $416/SqFt

Tax Information:

  • Annual Amount: $4,490
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Takoma Park, MD

City

Med. Sold Price

$700K

Med. Price/SqFt

$368

Avg. Days On Market

39

# of Sold Homes

15

7506 16th Ave vs Takoma Park

125 DAYS ON ROCKET

+86 Days

$565,000

-$135K Less

$416/SqFt

+$47 More

KEY TAKEAWAY

This property is $135K less than the Median Sold Price and $47/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: #MDPG2121384

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (703) 518-8300
  • Listing Agent: James R Haskins

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: 12/4/2024, 2:20:55 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$4,490$339,300
2020$3,837$326,433
2019$3,665$313,567
2018$3,489$300,700
2017$3,331$267,933

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-73146
1
/10

  • Carole Highlands Elementary School

  • 1610 Hannon St

  • 0.12 miles

  • Public District Grades PK-6

school-card-donut-73147
2
/10

  • Langley Park - McCormick Elementary School

  • 8201 15th Ave

  • 0.82 miles

  • Public District Grades PK-6

school-card-donut-73148
7
/10

  • Cesar Chavez Elementary School

  • 6609 Riggs Rd

  • 0.91 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,500. The majority of Takoma Park, MD residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7506 16th Ave

What is the listing price of this property?

The listing price of 7506 16th Ave property is $565,000.

What type of property is this?

The property 7506 16th Ave is a house located in Takoma Park, Maryland, 20912.

Is this property for sale now?

Active Listing: 7506 16th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,490 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7506 16th Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7506 16th Ave is 1,357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7506 16th Ave is 1947.

Rocket Homes›Maryland›Montgomery County›Takoma Park›20912›7506 16th Ave

This home is located at 7506 16th Ave in Takoma Park, MD and zip code 20912 in the Carole Highlands neighborhood. This 1,357 square foot home, which was built in 1947, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $565,000.

In November 2024 more than 5 listings in Takoma Park, MD were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below. The number of listings in Takoma Park, MD decreased by 3.3% between October 2024 and November 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $700,000.

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

More Resources