NOT LISTED FOR SALE

Fairmont Plaza 4801 Fairmont Ave Unit 913 Bethesda, MD 20814

Downtown Bethesda Neighborhood

Estimated Value: $333,655 - $440,000

1 Bed
1 Bath
668 Sq Ft
$442/mo HOA Fee

Last Sold May 20, 2016

Last sale price $323,000 $484 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,653/month

22 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Hughes Elementary School Rated 9+
  • Wood Flooring
  • 2-minute walk to Chase Ave Urban Park

About This Home

As of May 2016

Bright 1 BR/1 BA Penthouse. Ideal location. Steps to restaurants & shopping in Heart of Bethesda!!! BLOCKS to Bethesda Metro!! Fresh paint w/ hw flrs, SS appliances, BR w/ 2 closets & built-ins. Bath w/ granite, tile. W/D in unit. Parking available for rent in building. Cash or Conventional/Portfolio Loans.

Last Agent to Sell the Property

Lauren Heyman

(301) 704-6550 lheyman@ttrsir.com TTR Sotheby's International Realty Listed on: 03/28/2016

TTR Sotheby's International Realty

Last Buyer's Agent

James Fitzpatrick

(240) 793-4696 james.fitzpatrick@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1990

Lot Details

  • 44

HOA Fees

  • $442 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 668 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • On-Site Parking for Rent

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703501237

Community Details

Overview

  • Association fees include exterior building maintenance, gas, water, insurance, trash, snow removal, common area maintenance
  • High-Rise Condominium
  • Fairmont Plaza C Community
  • Fairmont Plaza Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,226

Year Built

Built in 1990

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Oven/Range - Gas, Range Hood, Washer/Dryer Stacked, Stove, Refrigerator, Oven - Single
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Upgraded Countertops, Elevator, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: Penthouse
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 668
  • Living Area Sq Ft: 668
  • Price Per Sq Ft: 490.87
  • Above Grade Finished Sq Ft: 668
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, On-Site - Rent
  • Garage Features: Underground

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 442.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Water, Insurance, Trash, Snow Removal, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Pets - Allowed, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Improvement Assessed Value: 206500.00
  • Land Assessed Value: 88500.00
  • Property Attached Yn: Yes
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14099743
  • Tax Annual Amount: 3225.91
  • Assessor Parcel Number: 160703501237
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 20, 2016
Sold by
Patel Rakesh
Bought by
King Mark and King Areti E
Seller's Agent
Lauren Heyman
TTR Sotheby's International Realty
Buyer's Agent
James Fitzpatrick
Compass
List Price
$327,900
Sold Price
$323,000
Premium/Discount to List
-$4,900
-1.49%
Current Estimated Value
$363,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,998
Avg. Annual Appreciation
1.29%
Original Mortgage
$258,400
Outstanding Balance
$112,694
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$252,470

Purchase Details

Closed on
Dec 27, 2007
Sold by
Smith Thomas F
Bought by
Patel Rakesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,900
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 18, 2007
Sold by
Smith Thomas F
Bought by
Patel Rakesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,900
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 2006
Sold by
Wisconsin Ave Ltd Ptnshp
Bought by
Hubbard Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,835
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Mark $323,000 Fatico
Patel Rakesh $329,000 --
Patel Rakesh $329,000 --
Hubbard Susan M $385,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Mark $258,400
Previous Owner Patel Rakesh $32,900
Previous Owner Patel Rakesh $263,200
Previous Owner Patel Rakesh $263,200
Previous Owner Hubbard Susan M $250,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $323,000 -1.5% $484 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $327,900 -- $491 / Sq Ft
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
2025 $3,567 $300,000 $90,000 $210,000
2024 $3,567 $298,333 $0 $0
2023 $4,177 $296,667 $0 $0
2022 $2,378 $295,000 $88,500 $206,500
2021 $2,625 $295,000 $88,500 $206,500
2020 $20 $295,000 $88,500 $206,500
2019 $2,623 $295,000 $88,500 $206,500
2018 $2,629 $295,000 $88,500 $206,500
2017 $2,762 $295,000 $0 $0
2016 $2,337 $295,000 $0 $0
2015 $2,337 $285,000 $0 $0
2014 $2,337 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Heyman

    Seller's Agent in 2016

    Lauren Heyman

    TTR Sotheby's International Realty

    (301) 704-6550

    4 Total Sales

    Lauren Heyman
    Section Image
  • James Fitzpatrick

    Buyer's Agent in 2016

    James Fitzpatrick

    Compass

    (240) 793-4696

    40 Total Sales

    James Fitzpatrick
    Section Image
See All Agents

About Fairmont Plaza

Map

Source: Bright MLS

MLS Number: 1002414281

Bright MLS

APN: 07-03501237

Maryland Montgomery County Bethesda 20814 Downtown Bethesda

4801 Fairmont Ave Unit 913, Bethesda, MD

Not Listed for Sale

Condos

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