Purchase this $825,000 home with only a $495,000 mortgage loan! You read that correctly! Buyers of this home must be first-time home buyers at or below 120% of the median area income based on family size. The City of Takoma Park and the seller are providing ZERO INTEREST / ZERO MONTHLY PAYMENT / FORGIVABLE INCREMENTALLY OVER 25 YEARS 2nd and 3rd trusts for up to $330,000. ($495,000 + $330,000 = $825,000). This is not a gimmick, it's a once in a lifetime opportunity to own a $825,000 home for the monthly cost of a $495,000 home. And buyers can use whatever lender they want for the $495,000 mortgage loan! Fully renovated is an understatement! A second floor has been added to this stately Takoma Park home, doubling the square footage! This 4 bedroom, 2 full bath home has been renovated from top to bottom by professional licensed contractors, with a brand new kitchen, new appliances, new bathrooms, new paint and flooring throughout, a new deck, new windows, new doors, new HVAC, a new roof, new Hardieplank siding, etc. With brand new landscaping and an inviting front porch, this home has great curb appeal. Enjoy the wide open living level with a bedroom and full bathroom and access to the back deck that overlooks the private back yard. Upstairs, there are three more spacious bedrooms and another full bath. The basement is unfinished and offers lots of storage space. The concrete driveway has space for two cars! This home has it all! Buyer(s) are required to take homeownership counseling. Ask your real estate agent for details, all needed information is available to agents in documents section of the MLS. ATTENTION AGENTS: CALL LISTING BROKER WITH QUESTIONS. DO NOT CALL SELLER DIRECTLY!
Sold
$825,000
320 Lincoln Ave, Takoma Park, MD 20912
4beds
1,632sqft
Single Family Residence
Built in 1913
10,000 Square Feet Lot
$898,100 Zestimate®
$506/sqft
$3,627 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 08, 2022 at 02:01am
Listed by:
Andrew Cerrito 301-938-1592,
Cerrito Realty, LLC,
Co-Listing Agent: Michael F Cerrito 301-908-1039,
Cerrito Realty, LLC
Bought with:
Tammy Thomas
GO BRENT, INC.
Source: Bright MLS,MLS#: MDMC2065718

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 816
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven/Range - Electric, Electric Water Heater
Features
- Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Open Floorplan, Upgraded Countertops
- Flooring: Carpet
- Doors: Insulated
- Windows: Double Hung, Insulated Windows
- Basement: Side Entrance,Unfinished,Connecting Stairway
- Has fireplace: No
Interior area
- Total structure area: 2,448
- Total interior livable area: 1,632 sqft
- Finished area above ground: 1,632
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Porch, Deck
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 10,000 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 161301068733
- Zoning: R60
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Foundation: Block
- Roof: Shingle
Condition
- Excellent
- New construction: No
- Year built: 1913
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
Location
- Region: Takoma Park
- Subdivision: Takoma Park
- Municipality: City of Takoma Park
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
Services availability

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