See Home Value
$764,340*
House - Off Market

711 COLBY AVENUE

TAKOMA PARK, MD 20912
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1918 Sqft
$653,000 - $797,000
Reference Base Price*
5.43%
Since Feb 1, 2023
DC-Washington
Primary Model
Sold Jan 09, 2023
$700,000
$560,000 by First Home Mortgage Corporatio
Mortgage Due Feb 01, 2053
Sold Jun 23, 2020
$665,000
$631,750 by Potomac Mortgage Group Llc
Mortgage Due Jul 01, 2050

About This Property

Welcome to this beautiful newly renovated craftsman style home in Takoma Park set up as two separate units. The upper level offers a generous open floor plan, the primary bedroom has an en suite, there are two additional bedrooms and a full bathroom. The home is flooded with sunlight, has gleaming hardwood floors throughout, a chefs kitchen that opens into the living room great for entertaining and has stainless steel appliances. There is a large balcony off of the living room,A washer/dryer and ample storage. The lower level has 2 bedrooms, its own washer/dryer, separate utilities and its own private entrance. The spiral staircase connects the two units but they are both fully separated and private. Great investor opportunity or perfect for an Au-Pair or In-law suite. The home is situated on a large lot, with a rear patio and is fully fenced in. Enjoy living in Takoma park with easy access to shopping, restaurants, and the metro. This is the one you have been waiting for.

The manager has listed the unit size as 1918 square feet.
Unit Size
1,918Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$378
Property Type
House
Property Taxes
$821
HOA Dues
-
Year Built
1970

Price History

Date / Event Date Event Price
Jan 9, 2023 Sold to Clarence Li, Melissa Reynolds $700,000
Sold to Clarence Li, Melissa Reynolds
Jan 1, 2023 No longer available -
No longer available
Dec 8, 2022 In contract -
In contract
Nov 18, 2022 No longer available -
No longer available
Nov 18, 2022 Listed $725,000
Listed
Welcome to this beautiful newly renovated craftsman style home in Takoma Park set up as two separate units. The upper level offers a generous open floor plan, the primary bedroom has an en suite, there are two additional bedrooms and a full bathroom. The home is flooded with sunlight, has gleaming hardwood floors throughout, a chefs kitchen that opens into the living room great for entertaining and has stainless steel appliances. There is a large balcony off of the living room,A…
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 780
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,138
  • Gross Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAKOMA PARK
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAKOMA PARK

Ownership

  • Current Owner : REYNOLDS MELISSA
  • Current Owner 2: LI CLARENCE
  • Previous Owner : WOOD CATHERINE AMELIA
  • Owner Before Previous Owner: RAYME STUDIO HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JN62
  • Account Number: 03174573
  • District: 13
  • Parcel: 13-03174573
  • Block: 35
  • Lot: 14
  • Municipality: TAKOMA PARK
  • Latitude: 38.9794
  • Longitude: -76.998

    Address

  • Full Address: 711 Colby Ave
  • Address - House Number: 711
  • Address - Street Name: Colby
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Takoma Park
  • Carrier Code: C025
  • 4-Digit Zip Code: 5439
  • Zip Code: 20912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,019
  • Tax Rate Code Area: 023

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 733,152
  • High Value: 875,732
  • Low Value: 590,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: Jan 09, 2023
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $766,000
  • Market Land Value: $332,500
  • Market Improvement Value: $433,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,967

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Transaction ID: 11900753630
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: Jun 15, 2020
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: Jan 09, 2023
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: POTOMAC MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Jun 23, 2020
  • Previous Mortgage Loan Amount: $631,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
1,301 ft²
$653/ft²
$850,000 Jun 9, 2023
$850,000 Jul 20, 2023
-
House
5 Beds
3 Baths
1,138 ft²
$615/ft²
$700,000 Nov 18, 2022
$700,000 Jan 6, 2023
-
House
4 Beds
2 Baths
1,492 ft²
$543/ft²
$810,000 Mar 2, 2023
$810,000 Apr 7, 2023
-
House
3 Beds
2 Baths
1,716 ft²
$376/ft²
$645,000 Mar 9, 2023
$645,000 Mar 31, 2023
-
House
3 Beds
2 Baths
1,420 ft²
$537/ft²
$762,000 May 4, 2023
$762,000 May 9, 2023
-
House
3 Beds
2 Baths
1,363 ft²
$537/ft²
$732,500 Mar 30, 2023
$732,500 May 3, 2023
-
House
5 Beds
3 Baths
1,860 ft²
$457/ft²
$850,000 May 19, 2023
-
-
House
5 Beds
5 Baths
3,150 ft²
$238/ft²
$750,000 Jun 1, 2023
-
-
In Contract
House
4 Beds
4 Baths
1,500 ft²
$433/ft²
$650,000 Jul 16, 2023
-
-
House
4 Beds
3 Baths
1,472 ft²
$442/ft²
$650,000 Aug 3, 2023
-
-
House
4 Beds
3 Baths
1,288 ft²
$504/ft²
$649,000 Aug 4, 2023
-
-
House
3 Beds
2 Baths
1,342 ft²
$559/ft²
$750,000 Jul 28, 2023
-
-

About Takoma - DC


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Frequently Asked Questions

When was property at 711 Colby Avenue built and last sold?
The property at 711 Colby Avenue was built in 1970 and last sold on Jan 6, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 711 Colby Avenue is $731,315.
What are some comparable homes to 711 Colby Avenue?
Homes that are comparable to 711 Colby Avenue include a house property at 6845 Eastern Avenue Northwest, 6624 Poplar Avenue, 7344 Carroll Avenue.

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