$318,000
SOLD DEC 10, 2024
1 Bed
1 Bath
626 Sq Ft
$583/mo HOA Fee

Recently Sold

$508 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Central Heating and Cooling System
  • Bethesda Elementary School Rated A
  • 2-minute walk to Chase Ave Urban Park

About This Home

As of December 2024

### Elegant 1-Bedroom Condo for Sale in Downtown Bethesda: 4801 Fairmont Ave, Unit 603

### Ask about our three years of free parking!!!

###THIS PROPERTY WILL NOT LAST LONG!!! DON'T MISS OUT!!!

Welcome to **4801 Fairmont Ave, Unit 603**, an exquisite 1-bedroom, 1-bath condo located on the sixth floor of a prestigious building in the heart of Downtown Bethesda, MD. This mini-penthouse offers breathtaking views of Bethesda and extends to Washington, DC, providing a unique and desirable living experience.

#### Key Features:
- **Stunning Living Space**: The open-concept living area is bathed in natural light and features panoramic city views, perfect for both relaxation and entertaining.
- **Gourmet Kitchen**: Enjoy a chef's dream kitchen with high-end stainless steel appliances, sleek countertops, and generous storage.
- **Luxurious Bedroom**: The spacious bedroom offers a serene retreat with easy access to the stylishly designed bathroom.
- **Modern Bathroom**: Features contemporary fixtures and a sophisticated design.
- **Mini-Penthouse Experience**: Relish in the exclusive ambiance of a mini-penthouse, complete with a private balcony showcasing sweeping views from Bethesda to Washington, DC.

#### Unit and Building Amenities:
- **Condo Fee includes**: Monthy expenses WATER, GAS, AND HOT WATER
- **Community Lounge**: Ideal for social gatherings and community events AND INCLUDES FREE WI-FI

#### Prime Location:
Positioned in the vibrant center of Downtown Bethesda, this condo provides immediate access to an array of dining, shopping, and entertainment options. The Bethesda Metro Station is just a short walk away, offering seamless connectivity to the broader DC area.

#### Investment Opportunity:
This condo presents a fantastic investment opportunity due to its prime location, strong rental income potential, and low condo fees. Its high demand for rental properties in Downtown Bethesda makes it a smart choice for investors looking to capitalize on ONE OF AMERICAS MOST LUCRATIVE REAL ESTATE MARKETS.

#### Virtual Tours:
Experience this exceptional condo from the comfort of your home. Explore the property NOW by viewing our immersive GOOGLE WALKTHROUGH of the unit, and view the detailed video to get a comprehensive look at the unit and sky views.

#### Contact Us:
Don’t miss out on this unique opportunity to own a stylish condo with panoramic views and excellent investment potential. Contact us today to learn more or to schedule your private showing!

**4801 Fairmont Ave, Unit 603, Bethesda, MD** – where luxury, location, and investment potential meet. Make it yours today!

Last Agent to Sell the Property

Ryan Shilow

R.E. Shilow Realty Investors, Inc. License #626807 Listed on: 11/09/2024

Last Buyer's Agent

Elizan Garcia

Compass License #SP40002543

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1990

HOA Fees

  • $583 Monthly HOA Fees

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703500712

Community Details

Overview

  • Association fees include common area maintenance, management
  • Mid-Rise Condominium
  • Bethesda Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1990

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Remarks Public: ### Elegant 1-Bedroom Condo for Sale in Downtown Bethesda: 4801 Fairmont Ave, Unit 603 ### Ask about our three years of free parking!!! ###THIS PROPERTY WILL NOT LAST LONG!!! DON'T MISS OUT!!! Welcome to **4801 Fairmont Ave, Unit 603**, an exquisite 1-bedroom, 1-bath condo located on the sixth floor of a prestigious building in the heart of Downtown Bethesda, MD. This mini-penthouse offers breathtaking views of Bethesda and extends to Washington, DC, providing a unique and desirable living experience. #### Key Features: - **Stunning Living Space**: The open-concept living area is bathed in natural light and features panoramic city views, perfect for both relaxation and entertaining. - **Gourmet Kitchen**: Enjoy a chef's dream kitchen with high-end stainless steel appliances, sleek countertops, and generous storage. - **Luxurious Bedroom**: The spacious bedroom offers a serene retreat with easy access to the stylishly designed bathroom. - **Modern Bathroom**: Features contemporary fixtures and a sophisticated design. - **Mini-Penthouse Experience**: Relish in the exclusive ambiance of a mini-penthouse, complete with a private balcony showcasing sweeping views from Bethesda to Washington, DC. #### Unit and Building Amenities: - **Condo Fee includes**: Monthy expenses WATER, GAS, AND HOT WATER - **Community Lounge**: Ideal for social gatherings and community events AND INCLUDES FREE WI-FI #### Prime Location: Positioned in the vibrant center of Downtown Bethesda, this condo provides immediate access to an array of dining, shopping, and entertainment options. The Bethesda Metro Station is just a short walk away, offering seamless connectivity to the broader DC area. #### Investment Opportunity: This condo presents a fantastic investment opportunity due to its prime location, strong rental income potential, and low condo fees. Its high demand for rental properties in Downtown Bethesda makes it a smart choice for investors looking to capitalize on ONE OF AMERICAS MOST LUCRATIVE REAL ESTATE MARKETS. #### Virtual Tours: Experience this exceptional condo from the comfort of your home. Explore the property NOW by viewing our immersive GOOGLE WALKTHROUGH of the unit, and view the detailed video to get a comprehensive look at the unit and sky views. #### Contact Us: Don’t miss out on this unique opportunity to own a stylish condo with panoramic views and excellent investment potential. Contact us today to learn more or to schedule your private showing! **4801 Fairmont Ave, Unit 603, Bethesda, MD** – where luxury, location, and investment potential meet. Make it yours today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 517.57
  • Above Grade Finished Sq Ft: 626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 583.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3470.00
  • Assessor Parcel Number: 160703500712
  • Tax Year: 2024
  • Close Date: 12/10/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Dec 21, 2024
Sold by
Buni Glenn
Bought by
Garcia Virginia Spiegel
Seller's Agent
Ryan Shilow
R.E. Shilow Realty Investors, Inc.
Buyer's Agent
Elizan Garcia
Compass
List Price
$324,000
Sold Price
$318,000
Premium/Discount to List
-$6,000
-1.85%
Views
35
Current Estimated Value
$328,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,076
Avg. Annual Appreciation
2.32%
Original Mortgage
$163,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2011
Sold by
Howe William H and Estate Of Timothy S Driscoll
Bought by
Buni Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,260
Interest Rate
4.62%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $318,000 Abode Settlement Group
Deed $318,000 Abode Settlement Group
Deed $275,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,000 New Conventional
Previous Owner $213,250 VA
Previous Owner $227,260 VA
Previous Owner $292,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $318,000 -1.9% $508 / Sq Ft
11/09/2024 11/09/24 For Sale $324,000 0.0% $518 / Sq Ft
04/05/2021 04/05/21 Rented $1,550 0.0% --
03/11/2021 03/11/21 For Rent $1,550 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,470 $290,000 $87,000 $203,000
2023 $3,407 $290,000 $87,000 $203,000
2022 $2,337 $290,000 $87,000 $203,000
2021 $3,261 $290,000 $87,000 $203,000
2020 $3,261 $290,000 $87,000 $203,000
2019 $3,259 $290,000 $87,000 $203,000
2018 $3,265 $290,000 $87,000 $203,000
2017 $2,704 $290,000 $0 $0
2016 -- $290,000 $0 $0
2015 $2,972 $280,000 $0 $0
2014 $2,972 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2155546

Bright MLS

APN: 07-03500712