NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,144,000

2 Beds
2 Baths
1,176 Sq Ft
$1,316/mo HOA Fee

Last Sold February 09, 2021

Last sale price $870,000 $740 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,558/month

162 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Bethesda
  • 24-Hour Security
  • Bethesda Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Caroline Freeland Urban Park

About This Home

As of February 2021

A FABULOUS price for a luxury condo! Welcome to The Lauren, downtown Bethesda s premier luxury condominium building, offering the best in elevated urban living. Enjoy ultimate convenience in an incredible location with white glove service in this luxurious full-amenity building. This spacious condo offers 1,248 square feet of well-appointed living spaces, two bedrooms and two bathrooms. The residence is basked in sunlight with private tree-top views, window-lined walls and two balconies. High design features include large-plank white oak hardwood flooring and tray ceilings. The stunning kitchen boasts marble waterfall countertops, a large island with seating, and high-end Viking, Subzero and Bosch appliances. The Master suite features multiple closets with custom built-in drawers and a lavish bathroom with large rain shower and bench. The second bedroom has a private balcony and large walk-in closet. This condo offers a washer and dryer within the unit and conveys two parking spaces and a separate storage space. The Lauren is a boutique building with only 34 units and offers five-star amenities including a 24-hour concierge, state-of-the-art fitness facility, limited-access elevators and valet parking. Residents have superior entertaining options with the private Onyx Lounge and wine bar and an expansive rooftop deck, both areas equipped with a catering kitchen. The building has taken impressive steps to safely accommodate its residents during this time. New to the market and never occupied, this incredible unit is the luxury condo you have been waiting for! Video Tour: https://vimeo.com/490350133

Last Agent to Sell the Property

Lisa Stransky

Washington Fine Properties, LLC License #533211 Listed on: 07/27/2020

Washington Fine Properties, LLC

Last Buyer's Agent

Barak Sky

Long & Foster Real Estate, Inc. License #SP600552

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,487

Year Built

  • Built in 2018 | Remodeled in 2020

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,316 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Assigned parking located at #64, 65
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Space Conveys
  • Parking Attendant
  • Secure Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,176 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring
  • City Views
  • Exterior Cameras

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Bethesda Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 160703824367

Community Details

Overview

  • Association fees include water, sewer, gas, common area maintenance, custodial services maintenance, lawn maintenance, reserve funds, snow removal, trash, insurance, management
  • Mid-Rise Condominium
  • The Lauren Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Common Area
  • Meeting Room
  • Party Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,487

Year Built

Built in 2018 | Remodeled in 2020

Lot Details

0

HOA Fees

$1,316 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2018
  • Year Renovated: 2020
  • Assigned Parking Space Numbers: 64, 65
  • Automatically Close On Close Date: No
  • Remarks Public: A FABULOUS price for a luxury condo! Welcome to The Lauren, downtown Bethesda s premier luxury condominium building, offering the best in elevated urban living. Enjoy ultimate convenience in an incredible location with white glove service in this luxurious full-amenity building. This spacious condo offers 1,248 square feet of well-appointed living spaces, two bedrooms and two bathrooms. The residence is basked in sunlight with private tree-top views, window-lined walls and two balconies. High design features include large-plank white oak hardwood flooring and tray ceilings. The stunning kitchen boasts marble waterfall countertops, a large island with seating, and high-end Viking, Subzero and Bosch appliances. The Master suite features multiple closets with custom built-in drawers and a lavish bathroom with large rain shower and bench. The second bedroom has a private balcony and large walk-in closet. This condo offers a washer and dryer within the unit and conveys two parking spaces and a separate storage space. The Lauren is a boutique building with only 34 units and offers five-star amenities including a 24-hour concierge, state-of-the-art fitness facility, limited-access elevators and valet parking. Residents have superior entertaining options with the private Onyx Lounge and wine bar and an expansive rooftop deck, both areas equipped with a catering kitchen. The building has taken impressive steps to safely accommodate its residents during this time. New to the market and never occupied, this incredible unit is the luxury condo you have been waiting for! Video Tour: https://vimeo.com/490350133
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Washer - Front Loading, Exhaust Fan, Built-In Microwave, Oven/Range - Gas, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Built-Ins, Breakfast Area, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Wine Storage, Window Treatments, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Sprinkler System, Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1176
  • Living Area Sq Ft: 1176
  • Price Per Sq Ft: 807.82
  • Above Grade Finished Sq Ft: 1176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4901

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Mixed
  • Construction Completed: Yes
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Attendant, Parking Space Conveys, Secure Parking
  • Garage Features: Additional Storage Area, Garage Door Opener, Inside Access, Underground, Oversized
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Doorman, 24 Hour Security, Desk In Lobby, Exterior Cameras, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1316.23
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Meeting Room, Party Room, Reserved/Assigned Parking, Extra Storage
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Common Area Maintenance, Custodial Services Maintenance, Lawn Maintenance, Reserve Funds, Snow Removal, Trash, Insurance, Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BETHESDA
  • Middle School: WESTLAND
  • High School: BETHESDA-CHEVY CHASE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BETHESDA
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 9486.62
  • Assessor Parcel Number: 160703824367
  • Tax Total Finished Sq Ft: 1176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/09/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Feb 9, 2021
Sold by
Masciola Stephen A and Pantheon Capital Partners Llc
Bought by
Damato Joseph R and Weingarten Mona
Seller's Agent
Lisa Stransky
Washington Fine Properties, LLC
Buyer's Agent
Barak Sky
Long & Foster Real Estate, Inc.
List Price
$1,050,000
Sold Price
$870,000
Premium/Discount to List
-$180,000
-17.14%
Current Estimated Value
$1,118,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,191
Avg. Annual Appreciation
5.85%
Original Mortgage
$696,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Lauren Condos Llc
Bought by
Elm Street Investment Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,347,497
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2019
Sold by
Lauren Condomnium Council Of Unit Owners
Bought by
Ansari Crystal and Brophy John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,347,497
Interest Rate
4.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Damato Joseph R $870,000 Multiple
Elm Street Investment Partners Llc $14,159,771 Fidelity National Ttl Ins Co
Ansari Crystal -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damato Joseph R $696,000
Previous Owner Elm Street Investment Partners Llc $6,200,000
Previous Owner Elm Street Investment Partners Llc $12,347,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $870,000 -8.4% $740 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
10/27/2020 10/27/20 Price Changed $950,000 -4.5% $808 / Sq Ft
09/07/2020 09/07/20 Price Changed $995,000 -5.2% $846 / Sq Ft
07/27/2020 07/27/20 For Sale $1,050,000 -- $893 / 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
2024 $13,440 $1,155,333 $0 $0
2023 $11,823 $1,022,667 $0 $0
2022 $9,860 $890,000 $267,000 $623,000
2021 $9,666 $873,333 $0 $0
2020 $9,487 $856,667 $0 $0
2019 $9,297 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC718136

Bright MLS

APN: 07-03824367