NOT LISTED FOR SALE

The Darcy 7171 Woodmont Ave Unit 502 Chevy Chase, MD 20815

Downtown Bethesda Neighborhood

Estimated Value: $610,000 - $723,000

1 Bed
1 Bath
835 Sq Ft
$777/mo HOA Fee

Last Sold January 20, 2017

Last sale price $515,900 $618 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,090/month

178 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Open Floorplan
  • Somerset Elementary School Rated A
  • Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of January 2017

Newly Reduced! Bright 1-BR residence featuring floor-to-ceiling glass w/ soaring views of downtown Bethesda! Fabulous gourmet kitchen w/ Bosch appliances & gas cooking. Impeccable finishes & hardwood floors throughout. 1 assigned garage parking included, 2nd space available for additional cost. Building amenities include 24/7 concierge, porter, fitness center, club room & 2 guest suits.

Last Listed By

Michelle Giannini

Hoffman Realty License #BR98368600 Listed on: 06/05/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,599

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $777 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 835 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 160703758978

Community Details

Overview

  • Association fees include gas, exterior building maintenance, custodial services maintenance, insurance, reserve funds, trash
  • 87 Units
  • High-Rise Condominium
  • The Darcy Community
  • Downtown Bethesda Subdivision

Amenities

  • Meeting Room
  • Guest Suites
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,599

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$777 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2015
  • Remarks Public: Newly Reduced! Bright 1-BR residence featuring floor-to-ceiling glass w/ soaring views of downtown Bethesda! Fabulous gourmet kitchen w/ Bosch appliances & gas cooking. Impeccable finishes & hardwood floors throughout. 1 assigned garage parking included, 2nd space available for additional cost. Building amenities include 24/7 concierge, porter, fitness center, club room & 2 guest suits.
  • Special Assessment Payment: Annually
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 835
  • Living Area Sq Ft: 835
  • Price Per Sq Ft: 617.84
  • Above Grade Finished Sq Ft: 835
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7171

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
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 776.93
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Guest Suites, Meeting Room, Security
  • HOA Condo Co-Op Fee Includes: Gas, Ext Bldg Maint, Custodial Services Maintenance, Insurance, Reserve Funds, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

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

Lot Info

  • Improvement Assessed Value: 455000.00
  • Land Assessed Value: 195000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14122933
  • Tax Annual Amount: 7599.38
  • Assessor Parcel Number: 160703758978
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 795
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/20/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jan 20, 2017
Sold by
The Darcy Business Trust
Bought by
Hedegaard Holly B and Heren Jeffrey N
Seller's Agent
Michelle Giannini
Hoffman Realty
Buyer's Agent
David & Claire Abrams
Compass
List Price
$619,900
Sold Price
$515,900
Premium/Discount to List
-$104,000
-16.78%
Total Days on Market
178
Current Estimated Value
$659,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,065
Avg. Annual Appreciation
3.37%
Original Mortgage
$386,925
Interest Rate
4.3%
Mortgage Type
New Conventional

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
Hedegaard Holly B $515,900 Lp Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herren Jeffrey N $330,000
Closed Herren Jeffrey N $340,029
Previous Owner Hedegaard Holly B $386,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $515,900 0.0% $618 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/08/2016 11/08/16 Price Changed $515,900 -10.3% $618 / Sq Ft
08/29/2016 08/29/16 Price Changed $574,900 -7.3% $689 / Sq Ft
06/05/2016 06/05/16 For Sale $619,900 -- $742 / 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 $7,425 $630,000 $189,000 $441,000
2023 $6,702 $630,000 $189,000 $441,000
2022 $5,561 $690,000 $207,000 $483,000
2021 $6,156 $663,333 $0 $0
2020 $11,929 $636,667 $0 $0
2019 $6,156 $610,000 $162,000 $448,000
2018 $6,168 $610,000 $162,000 $448,000
2017 $7,599 $610,000 $0 $0
2016 -- $650,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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About The Darcy

Map

Source: Bright MLS

MLS Number: 1002434469

Bright MLS

APN: 07-03758978

Maryland Montgomery County Chevy Chase 20814 Downtown Bethesda

7171 Woodmont Ave Unit 502, Chevy Chase, MD

Homes for Sale in Chevy Chase, MD

This home is located at 7171 Woodmont Ave Unit 502, Chevy Chase, MD 20815 since 05 June 2016 and is currently estimated at $659,965, approximately $790 per square foot. This property was built in 2015. 7171 Woodmont Ave Unit 502 is a home located in Montgomery County with nearby schools including Somerset Elementary School, Westland Middle School, and Bethesda-Chevy Chase High School.

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