NOT LISTED FOR SALE

Estimated Value: $2,042,000 - $2,601,000

2 Beds
2.5 Baths
2,856 Sq Ft
$2,706/mo HOA Fee

Last Sold May 10, 2021

Last sale price $2,150,000 $753 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,929/month

114 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Somerset Elementary School Rated A
  • 24-Hour Security
  • Clubhouse

About This Home

As of May 2021

No expense was spared on this 2 bedroom plus den, 2 and a half bathroom move-in ready condominium in Somerset. This home was renovated down to the studs over a two-year period, creating this design focused masterpiece. Upon entry into the octagonal foyer, you will be greeted by a spectacular custom light fixture that sets the tone for the rest of the unit. Gleaming marble floors lead you to the living and dining rooms with beautiful hardwood floors, custom slate wall, and thoughtful details throughout. One of two balconies can be found off of these rooms to enlarge your entertaining space. The thoughtfully-designed, professional, eat-in kitchen is the perfect spot to cook a meal for any size group. Your inner chef will be thrilled with amenities that include Thermador Professional ovens, Liebherr refrigerator and freezer, Bosch dishwasher and stunning floating shelves. On one side of the unit you’ll find the large primary suite with custom lighting and carpet throughout. Enjoy morning coffee on the private balcony before entering into the stunning, spa-like bathroom to start your day. The suite also includes a wonderful dressing and makeup room and large walk-in closets designed by California Closets. Currently used as a den, on the opposite side of the unit you’ll find the bright second bedroom complete with custom closets and built-ins and an ensuite marble bathroom. Other amenities within the unit are a beautiful half bathroom off of the foyer, large coat closet, and a large laundry room with a secondary refrigerator and freezer, full-size washer and dryer, and built-in storage. The unit comes with one parking space and a large storage unit. World class amenities include 24-hour concierge, valet car parking, spectacular clubhouse with large indoor pool and spa, gym, racquetball court, pilates studio, outdoor tennis courts and pool, and verdant gardens with walking paths. A community like no other, Somerset is also conveniently located .5 miles north of a Whole Foods, plentiful restaurant and shopping options, and the Friendship Heights Metro Station at the DC line. It’s also located 1.5 miles south of downtown Bethesda and all of its amenities.

Last Agent to Sell the Property

Eric Broermann

Compass License #SP98361934 Listed on: 12/08/2020

Compass

Co-Listed By

David Ochsman

Compass License #665297

Last Buyer's Agent

Cara Pearlman

Compass License #225180603

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,098

Year Built

  • Built in 1990

Lot Details

  • 44

HOA Fees

  • $2,706 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,856 Sq Ft Home
  • Property has 1 Level
  • Security Gate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160702884890

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, management, pool(s), reserve funds, sauna, security gate, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Somerset House 2 Condos, Phone Number (301) 656-5610
  • Somerset House 2 Community
  • Somerset House 2 Subdivision
  • Property Manager

Amenities

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

Recreation

  • Racquetball
  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,098

Year Built

Built in 1990

Lot Details

0

HOA Fees

$2,706 per month

Parking

1

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
  • Exclusions: Mirror in powder room.
  • Historic: No
  • Inclusions: Furniture is available for purchase and not included in list price.
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: No expense was spared on this 2 bedroom plus den, 2 and a half bathroom move-in ready condominium in Somerset. This home was renovated down to the studs over a two-year period, creating this design focused masterpiece. Upon entry into the octagonal foyer, you will be greeted by a spectacular custom light fixture that sets the tone for the rest of the unit. Gleaming marble floors lead you to the living and dining rooms with beautiful hardwood floors, custom slate wall, and thoughtful details throughout. One of two balconies can be found off of these rooms to enlarge your entertaining space. The thoughtfully-designed, professional, eat-in kitchen is the perfect spot to cook a meal for any size group. Your inner chef will be thrilled with amenities that include Thermador Professional ovens, Liebherr refrigerator and freezer, Bosch dishwasher and stunning floating shelves. On one side of the unit you’ll find the large primary suite with custom lighting and carpet throughout. Enjoy morning coffee on the private balcony before entering into the stunning, spa-like bathroom to start your day. The suite also includes a wonderful dressing and makeup room and large walk-in closets designed by California Closets. Currently used as a den, on the opposite side of the unit you’ll find the bright second bedroom complete with custom closets and built-ins and an ensuite marble bathroom. Other amenities within the unit are a beautiful half bathroom off of the foyer, large coat closet, and a large laundry room with a secondary refrigerator and freezer, full-size washer and dryer, and built-in storage. The unit comes with one parking space and a large storage unit. World class amenities include 24-hour concierge, valet car parking, spectacular clubhouse with large indoor pool and spa, gym, racquetball court, pilates studio, outdoor tennis courts and pool, and verdant gardens with walking paths. A community like no other, Somerset is also conveniently located .5 miles north of a Whole Foods, plentiful restaurant and shopping options, and the Friendship Heights Metro Station at the DC line. It’s also located 1.5 miles south of downtown Bethesda and all of its amenities.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2856
  • Living Area Sq Ft: 2856
  • Price Per Sq Ft: 822.48
  • Above Grade Finished Sq Ft: 2856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5610

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • 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: Covered Parking, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Doorman, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2706.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Somerset House 2
  • Condo Co-Op Phone: 301.656.5610
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Gated Community, Jog/Walk Path, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Racquet Ball, Reserved/Assigned Parking, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Management, Pool(s), Reserve Funds, Sauna, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 1337000.00
  • Land Assessed Value: 573000.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL/CONDO
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13893857
  • Tax Annual Amount: 20098.00
  • Assessor Parcel Number: 160702884890
  • Tax Total Finished Sq Ft: 2856
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 05/10/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 10, 2021
Sold by
Perito Robin C
Bought by
Kaplan Jerome A and Isaacson Lee E
Seller's Agent
Eric Broermann
Compass
Buyer's Agent
Cara Pearlman
Compass
List Price
$2,495,000
Sold Price
$2,150,000
Premium/Discount to List
-$345,000
-13.83%
Total Days on Market
114
Current Estimated Value
$2,382,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,062
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 7, 2021
Sold by
Ochsman David Paul and Burak William S
Bought by
Kaplan Jerome A and Isaacson Lee E
Seller's Agent
Eric Broermann
Compass
Buyer's Agent
Cara Pearlman
Compass
List Price
$2,495,000
Sold Price
$2,150,000
Premium/Discount to List
-$345,000
-13.83%

Purchase Details

Closed on
May 23, 2018
Sold by
Ochsman David P and Burak William S
Bought by
Ochsman David P and Burak William S

Purchase Details

Closed on
Mar 31, 2009
Sold by
Ochsman Jeffrey W
Bought by
Ochsman Jeffrey W Tr

Purchase Details

Closed on
Oct 3, 2008
Sold by
Jaffe Daniel S Tr
Bought by
Jeffrey Ochsman W

Purchase Details

Closed on
Sep 26, 2008
Sold by
Jaffe Daniel S Tr
Bought by
Jeffrey Ochsman W

Purchase Details

Closed on
Oct 10, 1997
Sold by
Jaffe Daniel S and Jaffe C
Bought by
Daniel S Jaffe Et Al Tr

Purchase Details

Closed on
Nov 10, 1993
Sold by
Somerset House Inc
Bought by
Abolmolouki Hossein
Source: Public Records

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Range of Values:

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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
Kaplan Jerome A $22,000 Paragon Title & Escrow Co
Kaplan Jerome A $2,150,000 Paragon Title & Escrow Co
Ochsman David P -- None Available
Ochsman Jeffrey W Tr -- --
Jeffrey Ochsman W $1,977,500 --
Jeffrey Ochsman W $1,977,500 --
Daniel S Jaffe Et Al Tr -- --
Abolmolouki Hossein $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $2,150,000 -8.5% $753 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $2,349,000 -5.9% $822 / Sq Ft
12/08/2020 12/08/20 For Sale $2,495,000 -- $874 / 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 $22,983 $1,993,333 $0 $0
2023 $22,521 $1,951,667 $0 $0
2022 $21,110 $1,910,000 $573,000 $1,337,000
2021 $20,067 $1,880,000 $0 $0
2020 $39,495 $1,850,000 $0 $0
2019 $19,406 $1,820,000 $540,000 $1,280,000
2018 $18,633 $1,686,667 $0 $0
2017 $15,669 $1,553,333 $0 $0
2016 $15,764 $1,420,000 $0 $0
2015 $15,764 $1,420,000 $0 $0
2014 $15,764 $1,420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC737110

Bright MLS

APN: 07-02884890