H
Seller's Agent in 2020
Heather Magazine
Compass
7016 Richard Dr Bethesda, MD 20817
Woodhaven NeighborhoodEstimated Value: $2,114,000 - $2,536,000
6
Beds
5.5
Baths
6,162
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- Open Floorplan
- Wood Flooring
- Burning Tree Elementary School Rated A
- Colonial Architecture
- Main Floor Bedroom
About This Home
As of March 2020*Unparalleled in this price range* Fantastic Bethesda location (Burning Tree/Pyle/Whitman cluster) with over 6,000 finished sqft! Newly refreshed throughout with new carpet, paint, stained floors, refinished cabinetry, and more! This 6/7 BD, 5.5 BA home is characterized by high ceilings, an abundance of light, multi-piece millwork, classic finishes, comfortable living spaces, and an inviting open floor plan. A gracious foyer welcomes you with a view straight through the home to a tastefully landscaped backyard and patio. The main level offers hardwood floors, an elegant living room and dining room with tray ceiling, a light-filled office, a first-floor in-law bedroom suite; and an oversized great room warmed by a gas a fireplace has a wall of French doors overlooking landscaped backyard and patio. The family room opens to a brilliantly redesigned HUGE chef's kitchen featuring granite countertops, stainless steel appliances, large center island, butler's pantry, and a charming built-in breakfast nook. The second floor offers a beautiful master retreat with a sitting room, his and her's walk-in closets, and a spa-inspired bathroom with a jetted tub, separate shower, and dual vanities. Down the hall, you will find three additional bedrooms, two full bathrooms, and a laundry room. The lower level has a large rec room, bedroom, full bathroom, a bonus room that could also serve as a 7th bedroom, and extensive storage space. A large attached two-car garage and expansive driveway complete this offering. With an updated elegance and timeless feel, this classic home is moments away from Burning Tree Elementry and Walt Whitman High School. Conveniently located near River Road and the beltway, this home is just a stone's throw away from downtown Bethesda and Washington, DC -- making it the perfect package!
Last Agent to Sell the Property
Heather Magazine
Compass Listed on: 02/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,309
Year Built
- Built in 2007
Lot Details
- 10,296 Sq Ft Lot
- Property is Fully Fenced
- Extensive Hardscape
- Sprinkler System
- Property is in very good condition
- Property is zoned R90
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Craftsman Architecture
- Asbestos Shingle Roof
- Stone Siding
- HardiePlank Type
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Fireplace
- Vinyl Clad Windows
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Den
- Bonus Room
- Home Security System
- Finished Basement
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Double Oven
- Gas Oven or Range
- Six Burner Stove
- Built-In Range
- Range Hood
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Schools
- Burning Tree Elementary School
- Thomas W. Pyle Middle School
- Walt Whitman High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Water Heater
- Fiber Optics Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Burning Tree Valley Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot P4
- Assessor Parcel Number 160700654395
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2020
Closed on
Mar 30, 2020
Sold by
Magazine Justin E and Magazine Heather D
Bought by
Goldband Ross and Goldband Leah
Seller's Agent
Heather Magazine
Compass
Buyer's Agent
William Fastow
TTR Sotheby's International Realty
List Price
$1,625,000
Sold Price
$1,625,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,437
Avg. Annual Appreciation
6.69%
Original Mortgage
$800,000
Outstanding Balance
$715,085
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,588,256
Purchase Details
Listed on
Sep 18, 2018
Closed on
Nov 9, 2018
Sold by
Toufanian John N and Toufanian Maryll W
Bought by
Magazine Justin E and Magazine Heather D
Seller's Agent
Catherine Berry
Compass
Buyer's Agent
Heather Magazine
Compass
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$980,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 22, 2009
Sold by
Schulman Paul L
Bought by
Royal Lepage Relocation Services and International Inc
Purchase Details
Closed on
Jul 20, 2007
Sold by
Kamran Shahin
Bought by
Kamran Shahin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2007
Sold by
Kamran Shahin
Bought by
Kamran Shahin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2006
Sold by
Weil Rita N
Bought by
Kamran Shahin
Purchase Details
Closed on
Jul 31, 2006
Sold by
Weil Rita N
Bought by
Kamran Shahin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goldband Ross | $1,625,000 | Brennan Ttl Co Natl Accounts | |
| Magazine Justin E | $1,400,000 | Capstone Title Llc | |
| Royal Lepage Relocation Services | $1,724,800 | -- | |
| Kamran Shahin | $1,724,800 | -- | |
| Kamran Shahin | $1,724,800 | -- | |
| Kamran Shahin | $700,000 | -- | |
| Kamran Shahin | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goldband Ross | $800,000 | |
| Previous Owner | Magazine Justin E | $975,000 | |
| Previous Owner | Magazine Justin E | $980,000 | |
| Previous Owner | Toufanian John N | $500,000 | |
| Previous Owner | Toufanian John N | $710,000 | |
| Previous Owner | Toufanian John N | $729,750 | |
| Previous Owner | Kamran Shahin | $768,000 | |
| Previous Owner | Kamran Shahin | $768,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2020 03/30/20 | Sold | $1,625,000 | 0.0% | $264 / Sq Ft |
| 02/09/2020 02/09/20 | Pending | -- | -- | -- |
| 02/06/2020 02/06/20 | For Sale | $1,625,000 | +16.1% | $264 / Sq Ft |
| 11/09/2018 11/09/18 | Sold | $1,400,000 | -6.4% | $245 / Sq Ft |
| 10/14/2018 10/14/18 | Pending | -- | -- | -- |
| 09/18/2018 09/18/18 | For Sale | $1,495,000 | -- | $262 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $18,703 | $1,729,900 | -- | -- |
| 2024 | $18,703 | $1,549,300 | $611,800 | $937,500 |
| 2023 | $16,804 | $1,446,533 | $0 | $0 |
| 2022 | $10,831 | $1,343,767 | $0 | $0 |
| 2021 | $13,695 | $1,241,000 | $582,700 | $658,300 |
| 2020 | $27,320 | $1,241,000 | $582,700 | $658,300 |
| 2019 | $13,617 | $1,241,000 | $582,700 | $658,300 |
| 2018 | $15,607 | $1,421,700 | $554,900 | $866,800 |
| 2017 | $16,055 | $1,414,367 | $0 | $0 |
| 2016 | $16,177 | $1,407,033 | $0 | $0 |
| 2015 | $16,177 | $1,399,700 | $0 | $0 |
| 2014 | $16,177 | $1,399,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Cara Pearlman
Compass
(202) 641-3008
4 in this area
230 Total Sales
-
Buyer's Agent in 2020
William Fastow
TTR Sotheby's International Realty
(202) 536-7675
2 in this area
112 Total Sales
-
C
Seller's Agent in 2018
Catherine Berry
Compass
-
M
Seller Co-Listing Agent in 2018
Marybeth Densford
Compass
(301) 219-4939
4 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC693444
APN: 07-00654395
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