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$659,000
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Property Description
Welcome to 903 Erie Avenue, a fantastic opportunity to own a classic brick colonial that has been thoughtfully divided into two distinct units, offering excellent versatility. Live in one unit and rent the other, or use both as a profitable investment. Each apartment has its own electric meter, providing a convenient setup for dual occupancy or income generation. The upper unit (pictured) is approximately 1,000 square feet and boasts a beautifully renovated table-space kitchen with stainless steel appliances, stylish cabinetry, gas cooking, and granite countertops. The spacious living room features a brick accent wall, recessed lighting, and a ceiling fan, creating a perfect space for relaxation. This unit also includes two bedrooms, an office with access to a deck, and an in-unit laundry closet, plus access to the attic for additional storage. The main-level unit, much of the charm of the upper level, with slight variations. It also offers two bedrooms and a office/bonus area. It is currently occupied by a renter on a month-to-month lease, providing immediate income (a little over $2,000/mo.,) for potential buyers. Additionally, the property is outside of the Takoma Park Rent Stabilization area, allowing more flexibility. The outdoor space features mature trees, a deck, a brick patio, and a fenced backyard. Enjoy living in eclectic Takoma Park; the location offers all the allure and convenience of this very special area. Relish the warm sense of community as well as easy access to local shopping, restaurants, entertainment, Sligo Creek Trail, and Long Branch Trail providing both comfort and convenience in an ideal setting. The outdoor space features mature trees, a deck, a brick patio, and a fenced backyard. Enjoy living in eclectic Takoma Park; the location offers all the allure and convenience of this very special area. Relish the warm sense of community as well as easy access to local shopping, restaurants, entertainment, Sligo Creek Trail, and Long Branch Trail providing both comfort and convenience in an ideal setting.
Full Property Details
Full Property Details for 903 Erie Ave
General
- Price: $659,000
- Taxes: $7,589 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2151308
- Updated: 10/28/2024
- Added to Site: 26 day(s) ago
Interior
- Rooms/Areas: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Laundry, Office, Bonus Room, Full Bath
- Interior Features: Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Wood Floors
- Appliances: Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 2
- Bedrooms Main & Up: 2
- Bedroom 1: Bedroom 3, Upper 1
- Bedroom 2: Bedroom 4, Upper 1
- Bedroom 3: Bedroom 1, Main
- Bedroom 4: Bedroom 2, Main
Other Rooms
- Living Room: Living Room - Flooring - Wood, Ceiling Fan(s), Lighting - Recessed, Upper 1
- Kitchen: Kitchen - Countertop(s) - Granite, Kitchen - Gas Cooking, Kitchen - Eat-in, Upper 1
- 2nd Kitchen: Kitchen - Countertop(s) - Granite, Kitchen - Eat-in, Kitchen - Gas Cooking, Main
- Office: Office - Ceiling Fan(s), Upper 1
- Laundry: Dryer In Unit, Washer In Unit, Upper 1
Exterior
- Porch/Patio/Deck: Deck(s)
Parking
- Parking Type: On Street
Location
- County: Montgomery
- Development Name: Flower Ave Park
- Subdivision: Flower Ave Park
- Driving Directions: Via New Hampshire Ave: right onto Merrimac Dr; left onto Carroll Ave; right onto Garland; left onto Erie Ave.
- Direction Faces: West
School Information
- School District: Montgomery County Public Schools
- Elementary School: Rolling Terrace
- Middle School: Silver Spring International
- High School: Montgomery Blair
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance, Unfinished
- Foundation: Slab
- Roof: Asphalt
- Walls/Ceilings: Plaster Walls
- Doors: Sliding Glass
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 2,070
- Sq. Ft. Source: Estimated
- Living Area: 2,070 Sq. Ft.
- Year Built: 1938
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,061
- Lot Size Source: Assessor
- Zoning: R40
- Fencing (Description): Rear
Financial Considerations
- Price Per Sq. Ft.: $318.36
- Assessment Year: 2024
- City/TownTax Freq: Annually
- Tax w/Assessment: $550,000
- Tax Amount: $7,589
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 2100
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3
Listed by Perennial Real Estate, Daniel F Metcalf
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Schools
Schools serving 903 Erie Ave
School District:Montgomery County Public Schools, Gaithersburg, MD
Rating | Name | Grades | Distance |
---|---|---|---|
705 Bayfield St, Takoma Park, MD 20912 | PK-5 | 0.4 mi | |
313 Wayne Ave, Silver Spring, MD 20910 | 6-8 | 1.1 mi | |
51 University Blvd E, Silver Spring, MD 20901 | 9-12 | 2.1 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 903 Erie Ave
Date
Details
Price
Change
Source
10/10/2024
Listed
$659,000
27.61%
MLS
7/23/2018
Sold
$516,400
—
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 903 Erie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,589
24%
$550,000
3%
2022
$6,142
47%
$533,567
3%
2022
$4,168
2%
$517,133
3%
2018
$4,098
-23%
$500,700
9%
2021
$5,301
11%
$457,467
10%
2020
$4,761
13%
$414,233
12%
2019
$4,229
1%
$371,000
2%
2018
$4,178
—
$362,000
3%
2017
$4,162
6%
$353,000
3%
2016
$3,911
-1%
$344,000
—
2015
$3,937
-1%
$343,567
—
2014
$3,977
—
$343,133
—
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 903 Erie Ave
903 Erie Avenue, Takoma Park, MD 20912 (MLS# MDMC2151308) is a Single Family property with 4 bedrooms and 2 full bathrooms. 903 Erie Avenue is currently listed for $659,000 and was received on October 10, 2024. Want to learn more about 903 Erie 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.