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7042-7044 Carroll Avenue, Takoma Park, MD 20912
$1,580,000
7042-7044 Carroll Avenue, Takoma Park, MD 20912View this property at 7042-7044 Carroll Avenue, Takoma Park, MD 20912
7042-7044 Carroll AvenueTakoma ParkMD20912
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Property Description
Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door and easy access into Washington, D.C.
Full Property Details
Full Property Details for 7042-7044 Carroll Ave
General
- Price: $1,580,000
- Taxes: $13,584 (2024)
- Status: Active
- Type: Retail
- MLS ID: MDMC2118066
- Updated: 5/10/2024
- Added to Site: 115 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Interior
- Flooring: Vinyl, Wood
Parking
- Total Spaces: 1
- Parking Type: Driveway
Location
- Municipality: City of Takoma Park
- County: Montgomery
- Development Name: Takoma Park
- Subdivision: Takoma Park
- Cross Streets: Westmoreland
- Driving Directions: Go south on Georgia Ave NW. Turn left on Dalia St NW. Turn right on 5th St NW. Turn left on Cedar St NW. Cedar turns into Carroll St NW. Turn left to continue on Carroll St NW. Proceed 200ft. Building is located on left-hand side.
- City Limits: Yes
School Information
- Elementary School: Takoma Park
- Middle School: Takoma Park
- High School: Montgomery Blair
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Shingle Siding, Stucco
- Roof: Concrete, Other
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,765
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top, Paved
- Fence: Yes
- Zoning: NR0.7
Financial Considerations
- Price Per Sq. Ft.: $395
- Assessment Year: 2024
- City/TownTax: $4,309
- City/TownTax Freq: Annually
- County Tax: $8,991
- County Tax Freq: Annually
- Tax w/Assessment: $783,300
- Tax Amount: $13,584
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by Keller Williams Capital Properties, Dimitri A. Apostolopoulos
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Schools
Schools serving 7042-7044 Carroll Ave
Rating | Name | Grades | Distance |
---|---|---|---|
7510 Maple Ave, Takoma Park, MD 20912 | 3-5 | 0.5 mi | |
Takoma Park Elementary School
7511 Holly Ave, Takoma Park, MD 20912 | K-2 | 0.5 mi | |
631 Silver Spring Ave, Silver Spring, MD 20910 | PK-5 | 1.2 mi | |
7611 Piney Branch Rd, Silver Spring, MD 20910 | 6-8 | 0.7 mi | |
313 Wayne Ave, Silver Spring, MD 20910 | 6-8 | 1.8 mi | |
300 University Blvd E, Silver Spring, MD 20901 | 6-8 | 2.6 mi | |
51 University Blvd E, Silver Spring, MD 20901 | 9-12 | 3 mi | |
Northwestern Evening Saturday High School
7000 Adelphi Rd, Hyattsville, MD 20782 | 9-12 | 3 mi | |
7000 Adelphi Rd, Hyattsville, MD 20782 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7042-7044 Carroll Ave
Date
Details
Price
Change
Source
1/22/2024
Listed
$1,580,000
43.64%
MLS
12/09/2021
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7042-7044 Carroll Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$13,057
2%
$780,367
—
2022
$12,775
5%
$777,433
—
2018
$12,110
-5%
$774,500
1%
2021
$12,784
1%
$763,400
1%
2020
$12,715
2%
$752,300
1%
2019
$12,469
1%
$741,200
—
2018
$12,397
-4%
$741,133
—
2017
$12,977
3%
$741,067
—
2016
$12,643
-5%
$741,000
—
2015
$13,250
4%
$741,000
—
2014
$12,697
—
$741,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7042-7044 Carroll Ave
7042-7044 Carroll Avenue, Takoma Park, MD 20912 (MLS# MDMC2118066) is a Retail property. 7042-7044 Carroll Avenue is currently listed for $1,580,000 and was received on January 22, 2024. Want to learn more about 7042-7044 Carroll Avenue? Do you have questions about finding other Retail real estate for sale in Takoma Park? You can browse all Takoma Park real estate or contact a Coldwell Banker agent to request more information.