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$524,900

Beds
4
Baths
2.0
sq ft
1,272

1400 Drexel Street, Takoma Park, MD 20912

1400 Drexel Street

TAKOMA PARK, MD 20912

  • Coming soon
Discover the enchantment of this delightful Cape Cod-style home, now coming soon, in the prestigious Carole Highlands area. Positioned on a generous corner plot, this property offers a blend of classic architecture and modern living. It features four spacious bedrooms and two full bathrooms, providing ample room for relaxation and privacy. Each room has been freshly painted throughout, adding to the pristine, move-in ready condition of the home. Spanning over 1200 square feet, the living spaces are meticulously crafted to offer warmth and elegance. The 2019 renovation introduced a state-of-the-art gourmet kitchen with stone countertops, stainless steel appliances, and sophisticated cabinetry, ideal for those who enjoy cooking and hosting. The large finished basement offers versatile space for entertainment or a home office. The extensive outdoor area on this sizable corner lot creates a perfect setting for social gatherings or serene evenings in a lush environment. Additionally, its proximity to Sligo Creek Park allows for refreshing morning jogs and leisurely strolls amidst nature. Located near the lively community of Takoma Park, the home is just moments away from a variety of chic boutiques, fine dining options, and cultural venues. Its convenient location ensures easy access to major transportation routes for a smooth commute. This property represents a rare opportunity to own a beautifully updated home in a highly coveted neighborhood!

Details

Property type

Single Family Residence

Est. home value

$518,560

Lot size

8,085 sq ft

Price per sq ft

$413

Year built

1948

Annual property taxes

$4,195

HOA

No

Price History

07/12/2019

Bright #MDPG531010

Sold
$401,000
+43.21%
06/26/2015

Bright #1001044949

Sold
$280,000

Schools & Community

Elementary school: 

CAROLE HIGHLANDS

Middle school: 

SONIA SOTOMAYOR

High school: 

HIGH POINT

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$153,020
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$329,888
Cash to seller
$153,020

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

July 2019

Original loan amount

$363,678

Est. remaining balance

$329,888

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Brenden Carroll and Courtney Carroll

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 07/03/2024 at 10:20 AM

Listing updated: 07/02/2024 at 3:20 PM

Listed by: Jennifer D Young, Keller Williams Chantilly Ventures, LLC Phone #: (703) 815-5700

MLS: Bright #MDPG2117362

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