See Home Value
$1,211,366*
House - Off Market

503 NEW YORK AVE

TAKOMA PARK, MD 20912
bedrooms
5 Beds
bathrooms
3 Baths
$990,000 - $1,208,000
Reference Base Price*
10.22%
Since Nov 1, 2021
DC-Washington
Primary Model
Sold Dec 01, 2021
$1,070,000
$822,375 by Atlantic Coast Mortgage
Mortgage Due Nov 01, 2051
Sold Nov 19, 2020
$825,000
$735,220 by First Home Mortgage Corp
Mortgage Due Nov 01, 2050

About This Property

Welcome to this spectacular one of a kind home in heart of Takoma Park! This is a fully renovated historic home on one of the most desirable streets.  This gorgeous renovation features a spacious open floor plan, offering an unparalleled design and flow that lends itself beautifully to everyday living and entertaining. Meticulous attention to detail in keeping with the original character of the home but upgraded with modern function & finish. Inviting front porch with beautiful wood railing & period trim details.  Upon entering the home, you are greeted by an inviting large living room with high ceilings and natural light streaming in from all angles. Original wood trip & baseboard pop off the freshly painted walls. The formal dining room is stunning and offers the perfect backdrop for elegant and sophisticated dinner parties as well as a cozy family dinner.  Live out every chefs dream in this beautiful kitchen with custom cabinets, stainless steel appliances, quartz countertops, open shelving spacious prep space and ample storage. The kitchen flows into an open sunlit family room with amazing indoor and outdoor flow that leads to the large two tiered deck overlooking your large private yard with a custom playhouse. Two main floor bedrooms drenched in natural light with large closets and a shared full bath featuring a vintage clawfoot soaking tub & designer tile & fixtures. Upstairs features 3 more bedrooms with lots of storage and a large ensuite bath with gorgeous subway tiled walls and a large shower. The spacious lower level features an open floor plan with a large recreation room, two additional bedrooms with jack and Jill bath. Ample space for home office, an optional media room or fitness suite. Centrally located to downtown Takoma and all that this welcoming part of town has to offer- a short few blocks to Takoma Red Line Metro, Takoma Bev Co Food Co-op, Girl & The Vine Wine Bar, Cielo Rojo, Republic, Scissors and Comb Salon and Ace Hardware.  Upgrades in 2020 - New Roof, Full custom kitchen remodel & new appliances, Washer & Dryer, Two tiered deck, Custom A-Frame clubhouse, Dual System HVAC, 3 phase electrical heavy up, Fully finished basement, Bathrooms renovated, Landscaping and yard maintenance , Custom milled entry & exit doors, Custom storm windows, Repaired original windows to home (new ropes & weights, locks, etc), Custom garage door and new concrete pad, Refinished original hardwood floors, Exterior of home painted, Water supply line replaced from street (WSSC)
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$802
HOA Dues
-
Year Built
1933

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold to Patrick Drago, Suzanne Reed $1,070,000
Sold to Patrick Drago, Suzanne Reed
Oct 29, 2021 No longer available -
No longer available
Oct 6, 2021 No longer available -
No longer available
Oct 6, 2021 In contract -
In contract
Sep 27, 2021 Price Decreased $1,099,000
↓ $96K (8%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 800
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 1,566
  • Gross Building Area: 1,566
  • Building Area: 1,566
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,566
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAKOMA PARK
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAKOMA PARK 1004/411 8906/139

Ownership

  • Current Owner : REED SUZANNE
  • Current Owner 2: DRAGO PATRICK
  • Previous Owner : PALMIERO IAN S
  • Previous Owner 2: PALMIERO CORTNEY
  • Owner Before Previous Owner: NUSRATY JOSEPH
  • Owner Before Previous Owner 2: NUSRATY TEMIM H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701800

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JN42
  • Account Number: 01079020
  • District: 13
  • Parcel: 13-01079020
  • Block: 73
  • Lot: 25
  • Municipality: TAKOMA PARK
  • Latitude: 38.9829
  • Longitude: -77.018

    Address

  • Full Address: 503 New York Ave
  • Address - House Number: 503
  • Address - Street Name: New York
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Takoma Park
  • Carrier Code: C024
  • 4-Digit Zip Code: 4119
  • Zip Code: 20912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,542
  • Tax Rate Code Area: 023

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,182,975
  • High Value: 1,366,649
  • Low Value: 999,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,375
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,068,600
  • Market Land Value: $367,100
  • Market Improvement Value: $701,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,767

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872698609
  • Current Sale Price: $1,070,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 19, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 19, 2020
  • Previous Mortgage Loan Amount: $735,220
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
-
$1,000,000 Jan 11, 2023
$1,000,000 Mar 20, 2023
-
House
5 Beds
4 Baths
-
$1,100,000 Feb 12, 2023
$1,100,000 Mar 28, 2023
-
House
5 Beds
5 Baths
-
$1,050,000 Jan 26, 2023
$1,050,000 Mar 13, 2023
-
House
5 Beds
4 Baths
-
$935,000 Jun 16, 2022
$935,000 Oct 23, 2022
-
House
4 Beds
3 Baths
-
$1,149,900 Feb 9, 2023
$1,149,900 Mar 24, 2023
-
Townhouse
5 Beds
5 Baths
-
$1,100,000 Oct 15, 2022
$1,100,000 Mar 10, 2023
-
House
5 Beds
2 Baths
-
$899,900 Mar 23, 2023
-
-
House
4 Beds
3 Baths
-
$1,095,000 Jul 26, 2022
-
-
House
4 Beds
3 Baths
-
$1,200,000 Mar 25, 2023
-
-
House
4 Beds
4 Baths
-
$1,175,000 Mar 2, 2023
-
-
House
4 Beds
4 Baths
-
$1,149,900 Mar 30, 2023
-
-
House
4 Beds
4 Baths
-
$1,159,000 Sep 15, 2022
-
-

About Takoma - DC


Similar Homes for Sale

Unit for sale at 7541 14th Street Northwest, WASHINGTON, DC 20012

$1,149,900

  • 4 Beds
  • 4 Baths
7541 14th Street Northwest, WASHINGTON, DC 20012 Listing by Jason Cohen
Unit for sale at 6922 9th Street Northwest, WASHINGTON, DC 20012

$1,175,000

  • 4 Beds
  • 4 Baths
6922 9th Street Northwest, WASHINGTON, DC 20012 Listing by KHARDIATA IFILL
Unit for sale at 123 Walnut Street Northwest, WASHINGTON, DC 20012

$1,095,000

  • 4 Beds
  • 3 Baths
123 Walnut Street Northwest, WASHINGTON, DC 20012 Listing by Lawrence Lessin

Nearby Rentals

Unit for rent at 9328 Wilmer Street, SILVER SPRING, MD, 20901

$3,500 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,556 ft²
9328 Wilmer Street, SILVER SPRING, MD, 20901 Listing by Mikel Iraola
Unit for rent at 8904 Talbot Avenue, SILVER SPRING, MD, 20910

$3,400 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,300 ft²
8904 Talbot Avenue, SILVER SPRING, MD, 20910 Listing by Zachary Lipson
Unit for rent at 1511 Underwood Street Nw, WASHINGTON, DC, 20012

$4,600 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,225 ft²
1511 Underwood Street Nw, WASHINGTON, DC, 20012 Listing by Stephen Thomas


Frequently Asked Questions

When was property at 503 New York Avenue built and last sold?
The property at 503 New York Avenue was built in 1933 and last sold on Oct 26, 2021 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 503 New York Avenue is $1,109,990.
What are some comparable homes to 503 New York Avenue?
There are currently no comparable homes to 503 New York Avenue.

Quantcast