NOT LISTED FOR SALE

Estimated Value: $1,072,000 - $1,327,942

2 Beds
2.5 Baths
1,765 Sq Ft
$1,638/mo HOA Fee

Last Sold July 01, 2024

Last sale price $1,300,000 $737 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,253/month

3 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Somerset Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2024

Welcome to The Adagio, a luxurious boutique condo building situated in the vibrant heart of Bethesda. This prime location offers easy walking access to a variety of shops, restaurants, Bethesda Row, grocery stores, and the Metro.

Unit 7001, a rarely available corner unit, spans nearly 1,800 square feet and boasts a unique and sophisticated floor plan. It includes two spacious bedroom suites, a generous-sized den, and 2.5 baths. The condo's elegant design features tall ceilings, beautiful hardwood floors, and floor-to-ceiling windows, creating a bright and welcoming atmosphere perfect for both small and large gatherings.

The expansive chef's kitchen is equipped with ample made-in-Germany Poggenpohl cabinetry, top-of-the-line Bosch, Miele and Sub-Zero appliances, and large counter space, including island seating—ideal for entertaining. Adjacent to the kitchen are the large living room and the dining room, which provides access to the balcony.

The Primary Suite offers a large walk-in closet with built-in storage as well as a second closet with built-ins, a luxury bathroom with a double vanity, shower, and tub. Balcony access is also available from the Primary Suite. On the opposite side of the living room, the spacious and private Guest Suite includes additional closet space with built-ins. The unit also features a private den/home office, built-in lighted cabinets adjacent to the dining room, a laundry room, and a powder room.

Building amenities include a 24-hour concierge, a newly-renovated elegant lobby, a refreshed gym with the latest equipment, and a large outdoor patio adorned with elegant furniture. Two parking spaces are assigned to the unit and are separately deeded, with storage units available for rent.

Last Agent to Sell the Property

Avi Galanti

Compass License #608773 Listed on: 05/30/2024

Compass

Last Buyer's Agent

Kevin Koitz

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,255

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $1,638 Monthly HOA Fees

Parking

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,765 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703620728

Community Details

Overview

  • Association fees include water, sewer, heat, gas, common area maintenance, custodial services maintenance, exterior building maintenance, insurance, parking fee, snow removal, trash
  • High-Rise Condominium
  • Adagio Condominium Condos
  • Adagio Codm Community
  • Adagio Subdivision

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Concierge
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,255

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,638 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to The Adagio, a luxurious boutique condo building situated in the vibrant heart of Bethesda. This prime location offers easy walking access to a variety of shops, restaurants, Bethesda Row, grocery stores, and the Metro. Unit 7001, a rarely available corner unit, spans nearly 1,800 square feet and boasts a unique and sophisticated floor plan. It includes two spacious bedroom suites, a generous-sized den, and 2.5 baths. The condo's elegant design features tall ceilings, beautiful hardwood floors, and floor-to-ceiling windows, creating a bright and welcoming atmosphere perfect for both small and large gatherings. The expansive chef's kitchen is equipped with ample made-in-Germany Poggenpohl cabinetry, top-of-the-line Bosch, Miele and Sub-Zero appliances, and large counter space, including island seating—ideal for entertaining. Adjacent to the kitchen are the large living room and the dining room, which provides access to the balcony. The Primary Suite offers a large walk-in closet with built-in storage as well as a second closet with built-ins, a luxury bathroom with a double vanity, shower, and tub. Balcony access is also available from the Primary Suite. On the opposite side of the living room, the spacious and private Guest Suite includes additional closet space with built-ins. The unit also features a private den/home office, built-in lighted cabinets adjacent to the dining room, a laundry room, and a powder room. Building amenities include a 24-hour concierge, a newly-renovated elegant lobby, a refreshed gym with the latest equipment, and a large outdoor patio adorned with elegant furniture. Two parking spaces are assigned to the unit and are separately deeded, with storage units available for rent.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Dryer, Refrigerator, Oven - Wall, Washer, Cooktop
  • Entry Floor: 7
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Island, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1765
  • Living Area Sq Ft: 1765
  • Price Per Sq Ft: 724.65
  • Above Grade Finished Sq Ft: 1765
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6820

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: Brick
  • 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: Underground, Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • 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: 1638.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Adagio Condominium
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Security
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Heat, Gas, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Parking Fee, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SOMERSET
  • 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: SOMERSET
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: CBD1
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12255.00
  • Assessor Parcel Number: 160703620728
  • Tax Total Finished Sq Ft: 1611
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/01/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 1, 2024
Sold by
Cantor Gilbert Family Trust and Cantor James Leo
Bought by
Bayly Brian and Bayly Susan
Seller's Agent
Avi Galanti
Compass
Buyer's Agent
Kevin Koitz
Compass
List Price
$1,275,000
Sold Price
$1,300,000
Premium/Discount to List
$25,000
1.96%
Views
10
Current Estimated Value
$1,228,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,764
Avg. Annual Appreciation
-3.43%

Purchase Details

Closed on
Dec 18, 2018
Sold by
Cantor James L and Gilbert Linda S
Bought by
Cantor James Leo and Gilbert Linda Sue

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 23, 2015
Sold by
Farazad Amir
Bought by
Cantor James L and Gilbert Linda S
Seller's Agent
Shiva Zargham
Compass
Buyer's Agent
Avi Galanti
Compass
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$254,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2008
Sold by
Adagio Development Corp
Bought by
Farazad Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Adagio Development Corp
Bought by
Farazad Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Bayly Brian $1,300,000 First American Title
Bayly Brian $1,300,000 First American Title
Cantor James Leo -- Federal Title & Escrow Co
Cantor James L $1,100,000 First American Title Ins Co
Farazad Amir $1,085,000 --
Farazad Amir $1,085,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cantor James L $254,500
Previous Owner Cantor James L $625,500
Previous Owner Farazad Amir $625,500
Previous Owner Farazad Amir $57,000
Previous Owner Farazad Amir $400,000
Previous Owner Farazad Amir $417,000
Previous Owner Farazad Amir $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,300,000 +1.6% $737 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $1,279,000 +0.3% $725 / Sq Ft
05/30/2024 05/30/24 For Sale $1,275,000 +15.9% $722 / Sq Ft
06/23/2015 06/23/15 Sold $1,100,000 0.0% $623 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $1,100,000 0.0% $623 / Sq Ft
01/02/2014 01/02/14 Rented $4,900 0.0% --
01/02/2014 01/02/14 Under Contract -- -- --
09/10/2013 09/10/13 For Rent $4,900 +3.2% --
02/18/2012 02/18/12 Rented $4,750 0.0% --
02/10/2012 02/10/12 Under Contract -- -- --
01/13/2012 01/13/12 For Rent $4,750 -- --
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 $12,847 $1,150,000 $345,000 $805,000
2024 $12,847 $1,100,000 $0 $0
2023 $11,563 $1,050,000 $0 $0
2022 $10,493 $1,000,000 $300,000 $700,000
2021 $20,975 $1,000,000 $300,000 $700,000
2020 $20,975 $1,000,000 $300,000 $700,000
2019 $10,482 $1,000,000 $285,000 $715,000
2018 $9,944 $950,000 $0 $0
2017 $9,213 $900,000 $0 $0
2016 -- $850,000 $0 $0
2015 $9,199 $850,000 $0 $0
2014 $9,199 $850,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2133990

Bright MLS

APN: 07-03620728