NOT LISTED FOR SALE

4960 Fairmont Ave Unit 1603 Bethesda, MD 20814

Woodmont Triangle Neighborhood

Estimated Value: $2,557,000 - $3,249,000

3 Beds
3.5 Baths
2,786 Sq Ft
$2,258/mo HOA Fee

Last Sold July 21, 2021

Last sale price $2,519,000 $904 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $19,592/month

Highlights

  • Concierge
  • 5-minute walk to Bethesda
  • Fitness Center
  • Bethesda Elementary School Rated A
  • Bar or Lounge
  • 5-minute walk to Cheltenham Drive Urban Park

About This Home

As of July 2021

Welcome to 4960 Fairmont Avenue, Unit 1603! This 2,783 square foot, luxury three bedroom, three and a half bathroom condo has a panoramic view of Downtown Bethesda and beyond, visible from both balconies and floor to ceiling walls of glass. The home has an elegant foyer, an enormous combination living and dining room with walls of windows, blonde oak hardwood floors throughout, a family room with custom cabinetry, a gourmet eat-in kitchen with two full-size built-in refrigerators and custom pantry, and a luxurious powder room. The grand owner's suite boasts a private balcony, two custom walk-in closets, custom bathroom cabinetry, a large shower with upgraded Kohler handheld shower, and a soaking tub. The spacious second and third bedrooms have ensuite bathrooms and custom closets. This unit has a large laundry room with sink and storage to hang clothing, two parking spaces and a storage unit to complete the package. The Cheval is a 24/7 concierge building with an expansive rooftop deck replete with multiple seating areas, grill stations and dining areas - and the most beautiful sunsets in Bethesda. Residents also enjoy the immaculate fitness center with exercise machines and a separate yoga room, as well as a resident's lounge with plush seating, a large fireplace and an over-sized television.

Last Agent to Sell the Property

Rebecca Weiner

Compass License #0225224576 Listed on: 06/01/2021

Compass

Co-Listed By

Illia Schwarz

Compass

Last Buyer's Agent

Dorie Glass

Long & Foster Real Estate, Inc. License #463519070

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,656

Year Built

  • Built in 2018

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $2,258 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Assigned Parking
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Entry on the 16th floor
  • Brick Exterior Construction

Interior Spaces

  • 2,786 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Bethesda-Chevy Chase High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703810133

Community Details

Overview

  • Association fees include water, sewer, gas, common area maintenance, custodial services maintenance, management, exterior building maintenance, health club, trash, air conditioning
  • High-Rise Condominium
  • Cheval Condominium Association Condos, Phone Number (301) 535-9034
  • Cheval Community
  • Woodmont Triangle Subdivision
  • Property Manager

Amenities

  • Concierge
  • Meeting Room
  • Bar or Lounge
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,656

Year Built

Built in 2018

Lot Details

0

HOA Fees

$2,258 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-02
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 4960 Fairmont Avenue, Unit 1603! This 2,783 square foot, luxury three bedroom, three and a half bathroom condo has a panoramic view of Downtown Bethesda and beyond, visible from both balconies and floor to ceiling walls of glass. The home has an elegant foyer, an enormous combination living and dining room with walls of windows, blonde oak hardwood floors throughout, a family room with custom cabinetry, a gourmet eat-in kitchen with two full-size built-in refrigerators and custom pantry, and a luxurious powder room. The grand owner's suite boasts a private balcony, two custom walk-in closets, custom bathroom cabinetry, a large shower with upgraded Kohler handheld shower, and a soaking tub. The spacious second and third bedrooms have ensuite bathrooms and custom closets. This unit has a large laundry room with sink and storage to hang clothing, two parking spaces and a storage unit to complete the package. The Cheval is a 24/7 concierge building with an expansive rooftop deck replete with multiple seating areas, grill stations and dining areas - and the most beautiful sunsets in Bethesda. Residents also enjoy the immaculate fitness center with exercise machines and a separate yoga room, as well as a resident's lounge with plush seating, a large fireplace and an over-sized television.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Oven - Wall, Range Hood, Washer - Front Loading
  • Entry Floor: 16
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Soaking Tub, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2786
  • Living Area Sq Ft: 2786
  • Price Per Sq Ft: 904.16
  • Above Grade Finished Sq Ft: 2786
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4960

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys, Secure Parking
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 2257.69
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Cheval Condominium Association
  • Condo Co-Op Phone: 301-535-9034
  • HOA Condo Co-Op Amenities: Concierge, Fitness Center, Elevator, Extra Storage, Meeting Room, Reserved/Assigned Parking, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Common Area Maintenance, Custodial Services Maintenance, Management, Ext Bldg Maint, Health Club, Trash, Air Conditioning
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: BETHESDA-CHEVY CHASE
  • High School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: BETHESDA-CHEVY CHASE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1610000.00
  • Land Assessed Value: 690000.00
  • Land Use Code: 011
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CR
  • Zoning Description: Commercial Residential
  • In City Limits: No

Rental Info

  • Pets: Breed Restrictions, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 22336667
  • Tax Annual Amount: 25656.00
  • Assessor Parcel Number: 160703810133
  • Tax Total Finished Sq Ft: 2786
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/21/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 21, 2021
Sold by
Goldseker Deborah Rosa
Bought by
Bederman Andrew and Bederman Jill
Seller's Agent
Rebecca Weiner
Compass
Buyer's Agent
Dorie Glass
Long & Foster Real Estate, Inc.
List Price
$2,350,000
Sold Price
$2,519,000
Premium/Discount to List
$169,000
7.19%
Current Estimated Value
$2,834,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,624
Avg. Annual Appreciation
0.29%
Original Mortgage
$2,000,000
Outstanding Balance
$1,821,530
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$728,278

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jan 16, 2020
Sold by
Duball Fairmont Llc
Bought by
Goldseker Deborah Rosa
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Illia Schwarz
Compass
List Price
$2,542,500
Sold Price
$2,542,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$1,779,750
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bederman Andrew $2,519,000 Rgs Title Of Bethesda
Goldseker Deborah Rosa $2,542,500 First Excel Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bederman Andrew $2,000,000
Previous Owner Goldseker Deborah Rosa $1,779,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $2,519,000 +7.2% $904 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $2,350,000 -7.6% $844 / Sq Ft
07/09/2020 07/09/20 For Sale $2,542,500 0.0% $913 / Sq Ft
01/16/2020 01/16/20 Sold $2,542,500 -- $913 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
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 $26,781 $2,300,000 $690,000 $1,610,000
2024 $26,781 $2,300,000 $690,000 $1,610,000
2023 $26,106 $2,300,000 $690,000 $1,610,000
2022 $24,985 $2,300,000 $690,000 $1,610,000
2021 $49,947 $2,300,000 $690,000 $1,610,000
2020 $49,953 $2,300,000 $690,000 $1,610,000
2019 $25,657 $2,300,000 $690,000 $1,610,000
2018 $10,606 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Weiner

    Seller's Agent in 2021

    Rebecca Weiner

    Compass

    (202) 213-3314

    1 in this area

    407 Total Sales

    Rebecca Weiner
    Section Image
  • Illia Schwarz

    Seller Co-Listing Agent in 2021

    Illia Schwarz

    Compass

    (202) 841-7789

    1 in this area

    32 Total Sales

    Illia Schwarz
    Section Image
  • Dorie Glass

    Buyer's Agent in 2021

    Dorie Glass

    Long & Foster

    (301) 467-8033

    3 in this area

    24 Total Sales

    Dorie Glass
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC761628

Bright MLS

APN: 07-03810133

Maryland Montgomery County Bethesda 20814 Woodmont Triangle

4960 Fairmont Ave Unit 1603, Bethesda, MD

This home is located at 4960 Fairmont Ave Unit 1603, Bethesda, MD 20814 since 01 June 2021 and is currently estimated at $2,834,624, approximately $1,017 per square foot. This property was built in 2018. 4960 Fairmont Ave Unit 1603 is a home located in Montgomery County with nearby schools including Bethesda Elementary School, Westland Middle School, and Bethesda-Chevy Chase High School.

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