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6416 4th Avenue

6416 4th Avenue, Takoma Park, MD 20912
Property in Takoma Park
Sold Jan 07, 2021
$725,000
$688,750 by Prosperity Home Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Oct 29, 1992
$125,000
6416 4th Avenue in Takoma Park, MD was first built in 1924 and is 100 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6416 4th Avenue has 1,254 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,641 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a radiant heating system. The property was last sold in Dec 14, 2020 for $725,000. That's $578.15 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 1992 for $125,000. 6416 4th Avenue was last assessed in 2023. The total value of the property was assessed at $601,433. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,140. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,641
  • Total Building Area: 1,254
  • Gross Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINECREST
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 5 PINECREST P G PLAT 15

Ownership

  • Current Owner : KATZ SHEILA L
  • Previous Owner : PEARSON SAUNDRA
  • Owner Before Previous Owner: WARD NICHOLAS W
  • Owner Before Previous Owner 2: SINNAMON SUE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701704

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JN62
  • Account Number: 03162017
  • District: 13
  • Parcel: 13-03162017
  • Block: 6
  • Lot: 4
  • Municipality: TAKOMA PARK
  • Latitude: 38.9692
  • Longitude: -77.0041

    Address

  • Full Address: 6416 4th Ave
  • Address - House Number: 6416
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Takoma Park
  • Carrier Code: C014
  • 4-Digit Zip Code: 4709
  • Zip Code: 20912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,140
  • Tax Rate Code Area: 023

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 839,455
  • High Value: 969,793
  • Low Value: 709,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $688,750
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Loan Amount: $688,750
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $674,400
  • Market Land Value: $330,100
  • Market Improvement Value: $344,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,433

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11814732416
  • Current Sale Price: $725,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 29, 1992
  • Previous Sale Contract Date: Oct 29, 1992
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $688,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 6416 4th Avenue located in?
The 6416 4th Avenue is a located in the neighborhood of Takoma Park in Takoma - DC, Takoma Park.
What is the average sales price for listings in 6416 4th Avenue?
The average sales price for units in 6416 4th Avenue is $0 currently.

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