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    Property profile & analytics

    7018 Carroll Ave Takoma Park, MD 20912-4435

    • Apartment buildings
    • 5,796 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0584460
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7018 Carroll Ave

    Year built
    1914
    Lot size
    0.20 lot acres
    Property size
    5,796 SF
    Zone code
    NR0.7
    Property type
    Apartment buildings
    APN
    13-01062235
    APU
    1301062235

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Takoma Park
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0119
    Latitude
    38.9752
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,745
    $0.00
    $0.00
    $580,367
    -
    $460,300
    $132,600
    $592,900

    Comparable in this City

    • Value Estimation by Request
      0.49 Acres

      7216 Flower Ave

      APARTMENT HOUSE (5+ UNITS) • 0.49 Acres
      7216 Flower Ave, Takoma Park, MD 20912-6453
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    • Value Estimation by Request
      75,208 SF

      26 Lee Ave

      APARTMENT HOUSE (5+ UNITS) • 75,208 SF
      26 Lee Ave, Takoma Park, MD 20912-4543
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    • Value Estimation by Request
      5,434 SF

      8203 Garland Ave

      APARTMENT HOUSE (5+ UNITS) • 5,434 SF
      8203 Garland Ave, Takoma Park, MD 20912-6848
      View Details
    • Value Estimation by Request
      4,144 SF

      7903 Garland Ave

      APARTMENT HOUSE (5+ UNITS) • 4,144 SF
      7903 Garland Ave, Takoma Park, MD 20912-6897
      View Details
    • Value Estimation by Request
      3,260 SF

      7911 Garland Ave

      APARTMENT HOUSE (5+ UNITS) • 3,260 SF
      7911 Garland Ave, Takoma Park, MD 20912-6930
      View Details
    • Value Estimation by Request
      3,612 SF

      8309 Garland Ave

      APARTMENT HOUSE (5+ UNITS) • 3,612 SF
      8309 Garland Ave, Takoma Park, MD 20912-6720
      View Details

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    Similar Nearby for Lease

    • $1,800 /Mo

      Historic District Residential/Commercial Unit

      One-bedroom lower-level unit suitable for residential or commercial use.
      7206 Carroll Ave, Takoma Park, MD 20912
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space on New Hampshire

      Retail space for lease in Takoma Park, Maryland.
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    • $3,995 /Mo

      Takoma Park Historic District Mixed-Use

      Arts and Crafts property suitable for office or residential use.
      7206 Carroll Ave, Takoma Park, MD 20912
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    • $2,250 /Mo

      Commercial Space for Rent

      Commercial space available for rent in Takoma Park, MD.
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    • $33 SF/Yr
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      Crossroads Professional Building, Takoma Park

      Prime Takoma Park Office Space Available
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      Retail/Office Sublease Opportunity

      Retail or office space available for sublease with high traffic.
      1327 University Blvd E, Takoma Park, MD 20912
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    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      3.3k
    • Avg Time on site
      28 min
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    7018 Carroll Ave
    Takoma Park, MD 20912-4435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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