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$515,000
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Property Description
The value here is in THE POTENTIAL!!! This is a 1/2 acre lot in downtown Silver Spring - just on the TP line. It is DIRECTLY ACROSS THE STREET & NEXT DOOR TO Montgomery County College Campus! The lot is level and spacious! This is perfect for a re-build/ extension/ renovation to become a group house for students attending MoCo College! Building plans are included! MoCo College needs the housing for current students! This will become a great rental investment! Does not fall under TP historic restrictions!
Full Property Details
Full Property Details for 707 New York Ave
General
- Sold For: $515,000
- Taxes: $10,822 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2194762
- Added to Site: 197 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Exterior
- Exterior Features: Outbuilding(s), Sidewalks, Street Lights
Parking
- Total Spaces: 10
- Parking Features: Dirt Driveway
- Parking Type: Driveway
Location
- Municipality: City of Takoma Park
- County: Montgomery
- Development Name: Takoma Park
- Subdivision: Takoma Park
- Driving Directions: From downtown SS to Fenton Street - take left onto NY Avenue in front for MoCo College - continue for 1 block to #707 on left
- Direction Faces: South
- City Limits: Yes
School Information
- School District: Montgomery County Public Schools
- Elementary School: East Silver Spring
- Middle School: Takoma Park
- High School: Montgomery Blair
Heating & Cooling
- Cooling Type: Other
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available, Electric Available
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Connecting Stairway, Interior Access, Unfinished, Windows
- Foundation: Stone
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,050
- Sq. Ft. Source: Estimated
- Living Area: 1,050 Sq. Ft.
- Year Built: 2026
- Year Built Source: Estimated
- Property Condition: Excellent
Additional Structures
- Other Structures: Storage Barn/Shed, Garage(s)
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 20,725
- Lot Size Source: Estimated
- Lot Features: Adjoins - Public Land, Level, Not In Development, Rear Yard
- Zoning: R60
- Lot Description: Adjoins - Public Land, Level, Not In Development, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $523.81
- Assessment Year: 2025
- City/TownTax: $3,433
- City/TownTax Freq: Annually
- County Tax: $7,157
- County Tax Freq: Annually
- Tax w/Assessment: $613,600
- Tax Amount: $10,822
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: P4
Listed by RLAH @properties, Stacy J Berman
Sold by Unrepresented Buyer Office, Unrepresented Buyer
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Schools
Schools serving 707 New York Ave
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
East Silver Spring Elementary School 631 Silver Spring Avenue, Silver Spring, MD 20910 | PK-5 | 0.6 mi |
Takoma Park Middle School 7611 Piney Branch Rd, Silver Spring, MD 20910 | 6-8 | 0.4 mi |
Montgomery Blair High School 51 University Boulevard East, Silver Spring, MD 20901 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 707 New York Ave
Date
Details
Price
Change
Source
8/27/2025
Sold
$515,000
-6.36%
MLS
8/11/2025
Price Reduced
$550,000
-7.56%
MLS
8/09/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
707 New York Avenue, Takoma Park, MD 20912 (MLS# MDMC2194762) is a Single Family property that was sold at $515,000 on August 27, 2025. Want to learn more about 707 New York Avenue? Do you have questions about finding other Single Family 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.

