tomo logo

$947,500

Beds
4
Baths
3.5
sq ft
2,511

7708 Garland Ave, Takoma Park, MD 20912

7708 Garland Ave

TAKOMA PARK, MD 20912

  • 21 days on market
Offers due Wednesday, July 3rd by 7:00pm. Check out the Matterport 3D Walk-through! Welcome to your dream home in sought-after Takoma Park! This recently renovated single-family home is modern LUXURY- and has a permitted 2nd dwelling unit. As you step inside, you are greeted by elegant pendants and recessed lighting that illuminate the real hardwood floors and large windows, filling the space with natural light. The heart of the home is the stunning kitchen, featuring large white cabinetry, a huge kitchen island with quartz countertops, and stainless steel appliances. The main level boasts 3 bedrooms (large primary bed and bath) and 2.5 beautifully renovated bathrooms, exuding luxury and comfort at every turn. French doors off the kitchen lead to a spacious deck overlooking the freshly landscaped backyard, perfect for outdoor gatherings and relaxation. The large and flat backyard is ready to be enjoyed, offering ample space for outdoor activities. The lower level features a permitted second dwelling unit that can be easily converted back into a basement for the top level. It includes a kitchen, washer/dryer, a large bedroom with an egress window, and a beautifully updated bathroom. Additionally, there is a living and dining room space that can potentially be converted into a second bedroom, providing flexibility and functionality. Located moments from downtown Takoma Park, Silver Spring, and DC, this home offers easy access to major thoroughfares for convenient commuting. Enjoy the warm sense of community and the proximity to shopping, restaurants, and entertainment in the nearby areas. With most major systems updated in the past 5 years and a coat of fresh paint, this home is move-in ready and waiting for you to make it your own. Don't miss the opportunity to live in this electric neighborhood and have the basement tenant help pay your mortgage. Experience the best of Takoma Park living in this exceptional property!

Details

Property type

Single Family Residence

Est. home value

$836,563

Lot size

9,801 sq ft

Price per sq ft

$378

Year built

1984

Annual property taxes

$12,220

HOA

No

Price History

06/28/2024

Bright #MDMC2136368

Listed
$947,500
+51.12%
11/25/2019

Bright #MDMC680946

Sold
$627,000
+74.17%
04/09/2019

Bright #1010008602

Sold
$360,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$165,420
Asking price
$947,500
Closing costs (~8% of asking)
-$75,800
Est. remaining loan balance
-$706,280
Cash to seller
$165,420

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

August 2023

Original loan amount

$712,500

Est. remaining balance

$706,280

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Searock Garland

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: Active

Tomo last checked: 07/03/2024 at 10:00 AM

Listing updated: 06/30/2024 at 3:03 PM

Listed by: Joseph Obeid, Samson Properties Phone #: (301) 760-2136

MLS: Bright #MDMC2136368

Bright logo

Recently listed in TAKOMA PARK