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$725,000

Beds
3
Baths
2.0
sq ft
1,670

7414 Aspen Ave, Takoma Park, MD 20912

7414 Aspen Ave

TAKOMA PARK, MD 20912

  • Coming soon
    • Open house Jul 11
Perched high above the treetops of Sligo Creek Park sits this delightful mid century modern home. Light drenches the living areas from windows that provide spectacular views. The privacy of this home is remarkable, making you feel as though you’re in your own treehouse oasis. The main level of living is a great demonstration of the beautiful efficiency of mid century modern architecture. The large living area flows perfectly to the separate dining room which boasts a working fireplace and mid century built-in cabinetry. The modern kitchen is bright and airy. The primary bedroom is spacious, with more than enough room for a king sized bed, and includes double-door closets with a custom organization system. Thoughtful designer and vintage details are throughout. Modern updates include the fresh kitchen, the CB2 and West Elm light fixtures, the Elfa closet systems, and custom The Shade Store blinds and drapes. Vintage built-ins and wood doors imbue the home with mid century character. Downstairs, the basement is a pleasant surprise, adding a full floor to the living space. The soaring ceiling height makes the recently renovated recreation room space inviting and warm while the fully finished bedroom suite on the lower level includes a private entrance from the side of the home. The backyard features a beautiful private wrap-around patio area perfect for group gatherings or quiet moments alike. The home is situated on a hill and the yard offers lots of opportunities for gardening or play. “Secret” stone and dirt paths make their way through the yard, creating the feel of an enchanted forest. The home boasts one garage parking space in the lower level and space for multiple cars on the drive if needed. Just up the hill from Sligo Creek park this home is literally steps away from one of the most convenient trail systems in the region. With major sections of the roadway shut to cars for pedestrians and cyclists Friday to Sunday, Sligo Creek's trails, paths, and playgrounds are just down the hill from this home. Less than a mile away, Takoma Park is a vibrant small town with a ton to offer. Top restaurants like Cielo Rojo, Seoul Food DC, Motorcat, and The Girl and the Vine are area favorites. The Co-Op and Soko, a butcher shop, are an easy walk for grabbing groceries. Coffee shops like Takoma Beverage Company and Koma are also nearby, as are fabulous retailers like People’s Books and Indigro Plants. To get to DC, hop on the Red Line Metro from downtown Takoma Park to DC.

Details

Property type

Single Family Residence

Est. home value

$761,532

Lot size

8,911 sq ft

Price per sq ft

$435

Year built

1955

Annual property taxes

$9,735

HOA

No

Price History

06/04/2019

Bright #MDMC650312

Sold
$595,000
+15.53%
06/27/2016

Bright #1002430189

Sold
$515,000

Schools & Community

Elementary school: 

TAKOMA PARK

Middle school: 

TAKOMA PARK

High school: 

MONTGOMERY BLAIR

School district: 

MONTGOMERY 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

$173,926
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$493,074
Cash to seller
$173,926

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

Seller’s Loan History

Lender

First Savings Mortgage Corp

Loan start date

August 2020

Original loan amount

$537,800

Est. remaining balance

$493,074

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Sean Lyngaas and Rachel Fredman Lyngaas

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: 07/05/2024 at 9:40 PM

Listing updated: 07/05/2024 at 3:43 PM

Listed by: Katherine Geffken, City Chic Real Estate Phone #: (202) 499-4284

MLS: Bright #MDMC2135356

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