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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

    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!

    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#: MDMC2065718MLS Logo

    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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