NOT LISTED FOR SALE

4960 Fairmont Ave Unit 1704 Bethesda, MD 20814

Woodmont Triangle Neighborhood

Estimated Value: $2,068,154 - $2,238,000

3 Beds
3.5 Baths
2,349 Sq Ft
$1,889/mo HOA Fee

Last Sold November 13, 2020

Last sale price $2,350,000 $1,000 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $15,470/month

357 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Bethesda
  • Open Floorplan
  • Bethesda Elementary School Rated A
  • Newly Remodeled
  • 5-minute walk to Cheltenham Drive Urban Park

About This Home

As of November 2020

Brand new condos in the heart of downtown Bethesda w/ all its restaurants and shops. Short walk to Bethesda metro.. Last of this floorplan style and price point. Condo features hardwood floors, kitchen with island, Bosch appliances and Caeserstone counters. Baths w/ porcelain tile floors. Enjoy community roof top deck, fitness center/yoga studio, 24 hour concierge.

Last Agent to Sell the Property

Inga Scobie

McWilliams/Ballard Inc. Listed on: 10/02/2019

McWilliams/Ballard Inc.

Last Buyer's Agent

Amanda Provost

Compass License #669037

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,312

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $1,889 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,349 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Accessible Home Design

  • Doors with lever handles
  • Doors are 32 inches wide or more

Outdoor Features

  • Terrace

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703810188

Community Details

Overview

  • Association fees include exterior building maintenance, custodial services maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Cheval Subdivision

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

  • Fitness Center

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,312

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$1,889 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Doors - Lever Handle(s)
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2017
  • Automatically Close On Close Date: Yes
  • Remarks Public: Brand new condos in the heart of downtown Bethesda w/ all its restaurants and shops. Short walk to Bethesda metro.. Last of this floorplan style and price point. Condo features hardwood floors, kitchen with island, Bosch appliances and Caeserstone counters. Baths w/ porcelain tile floors. Enjoy community roof top deck, fitness center/yoga studio, 24 hour concierge.
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Combination Dining/Living, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 3
  • Basement: No
  • Total Sq Ft: 2349
  • Living Area Sq Ft: 2349
  • Price Per Sq Ft: 1063.86
  • Above Grade Finished Sq Ft: 2349
  • 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: Combination
  • Construction Completed: Yes
  • 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: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 1888.70
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Party Room, Reserved/Assigned Parking, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Custodial Services Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • 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
  • School District Key: 121138126809
  • Elementary School: BETHESDA
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1400000.00
  • Land Assessed Value: 600000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Terrace
  • Year Assessed: 2020
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 22336752
  • Tax Annual Amount: 22312.00
  • Assessor Parcel Number: 160703810188
  • Tax Total Finished Sq Ft: 2377
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 13, 2020
Sold by
Duball Fairmont Llc
Bought by
Davis Joseph C and Davis Sarah N
Seller's Agent
Inga Scobie
McWilliams/Ballard Inc.
Buyer's Agent
Amanda Provost
Compass
List Price
$2,499,000
Sold Price
$2,350,000
Premium/Discount to List
-$149,000
-5.96%
Current Estimated Value
$2,140,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,615
Avg. Annual Appreciation
-2.81%
Original Mortgage
$1,645,000
Outstanding Balance
$1,470,480
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$578,293
Source: Public Records

Range of Values:

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Average Value
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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
Davis Joseph C $2,350,000 First Excel Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Joseph C $1,645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $2,350,000 -6.0% $1,000 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
10/02/2019 10/02/19 For Sale $2,499,000 -- $1,064 / 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 $23,291 $2,000,000 $600,000 $1,400,000
2024 $23,291 $2,000,000 $600,000 $1,400,000
2023 $23,305 $2,000,000 $600,000 $1,400,000
2022 $22,331 $2,000,000 $600,000 $1,400,000
2021 $22,310 $2,000,000 $600,000 $1,400,000
2020 $22,323 $2,000,000 $600,000 $1,400,000
2019 $22,313 $2,000,000 $600,000 $1,400,000
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC681810

Bright MLS

APN: 07-03810188