NOT LISTED FOR SALE

Estimated Value: $194,000 - $212,000

1 Bed
1 Bath
981 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $200,000 $204 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,384/month

100 Days on Market

Highlights

  • Concierge
  • Pier or Dock
  • Fitness Center
  • Ashburton Elementary School Rated A
  • Bar or Lounge
  • Gated Community

About This Home

As of August 2024

Back to active! Welcome to a charming 981 square foot, 1 bedroom, 1 bathroom unit at the prestigious Promenade, where classic comfort meets modern convenience. Step inside and be greeted by an open floor plan that creates a spacious and inviting living space, filled with natural light from the large windows for a warm and welcoming atmosphere. The unit features beautifully maintained tile flooring in the kitchen and bathroom, with plush carpeting in the living areas for a comfortable feel throughout.

The kitchen boasts ample wooden cabinetry for storage and laminate countertops that offer durability and easy maintenance. White appliances, including a dishwasher, ensure convenience and efficiency for all your culinary endeavors.

As a resident of the Promenade, you'll have access to a wide array of premium amenities. Indulge in resort-style living with indoor and outdoor pools, 7 tennis courts, pickleball, a racquet club house, and a state-of-the-art exercise & fitness center complete with an indoor pool, sauna, lockers, and a hot tub. Enjoy the added convenience of a 24-hour security gate house, front desk service, a remodeled arcade with various stores, and Chef Tony's restaurant offering delicious meals and outdoor seating by the pool. Additional on-site services include a convenience store, dry cleaners, package room, beauty salon, party & game room, and a travel agency.

Situated in a prime location, the Promenade provides easy access to the Red Line Medical Metro Stop, NIH, Medical Center, Walter Reed, Downtown Bethesda, and major highways like I-270 and I-495. The nearby Wildwood Shopping area meets all your shopping needs, featuring a Giant, CVS, Bethesda Bagel, Starbucks, and Balducci's Gourmet Food Store.

Take advantage of this opportunity to experience comfortable living in a well-maintained and conveniently located community. Don't miss your chance to make this delightful 981 square foot, 1 bedroom, 1 bathroom unit with its open floor plan and spacious feel your new home. Schedule your viewing today and start envisioning your life at the Promenade.

Last Agent to Sell the Property

Corey Feldman

(301) 564-3058 Corey@feldmangroupre.com RLAH @properties Listed on: 04/02/2024

RLAH @properties

Co-Listed By

Bruce Robinson

(301) 523-6101 brobinson@rlahre.com RLAH @properties

Last Buyer's Agent

Harlene Bernstein

(301) 529-0297 hdcbernstein@gmail.com RLAH @properties

RLAH @properties

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1973

HOA Fees

  • $1,147 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Assigned Subterranean Space
  • Parking Lot

Home Design

  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • 981 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160703608681

Community Details

Overview

  • Association fees include cable TV, common area maintenance, electricity, exterior building maintenance, fiber optics available, gas, health club, heat, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sauna, security gate, sewer, snow removal, taxes, trash, water
  • High-Rise Condominium
  • Promenade Towers Condos
  • Promenade Towers Subdivision

Amenities

  • Concierge
  • Common Area
  • Beauty Salon
  • Game Room
  • Meeting Room
  • Community Library
  • Bar or Lounge
  • Guest Suites
  • Convenience Store
  • Community Storage Space

Recreation

  • Pier or Dock
  • Community Spa
  • Jogging Path

Pet Policy

  • Cats Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,041

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,147 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main, Elevator
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-02
  • Year Built: 1973
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Entry Floor: 6
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 981
  • Living Area Sq Ft: 981
  • Price Per Sq Ft: 198.78
  • Above Grade Finished Sq Ft: 981
  • 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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 1147.26
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Promenade Towers
  • HOA Condo Co-Op Amenities: Bar/Lounge, Beauty Salon, Cable, Club House, Common Grounds, Concierge, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Gated Community, Guest Suites, Hot Tub, Jog/Walk Path, Library, Meeting Room, Pier/Dock, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Spa, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Fiber Optics Available, Gas, Health Club, Heat, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate, Sewer, Snow Removal, Taxes, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2041.00
  • Assessor Parcel Number: 160703608681
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $200,000 +2.6% $204 / Sq Ft
05/16/2024 05/16/24 Price Changed $195,000 -4.4% $199 / Sq Ft
04/15/2024 04/15/24 Price Changed $204,000 -5.1% $208 / Sq Ft
04/02/2024 04/02/24 For Sale $214,900 -- $219 / 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 $2,080 $180,000 $54,000 $126,000
2024 $2,080 $176,667 $0 $0
2023 $1,349 $173,333 $0 $0
2022 $1,370 $170,000 $51,000 $119,000
2021 $1,186 $166,667 $0 $0
2020 $1,149 $163,333 $0 $0
2019 $1,110 $160,000 $48,000 $112,000
2018 $1,113 $160,000 $48,000 $112,000
2017 $1,184 $160,000 $0 $0
2016 -- $160,000 $0 $0
2015 $1,155 $160,000 $0 $0
2014 $1,155 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2125760

Bright MLS

APN: 07-03608681