NOT LISTED FOR SALE

The Darcy 7171 Woodmont Ave Unit 703 Chevy Chase, MD 20815

Downtown Bethesda Neighborhood

Estimated Value: $1,077,000 - $1,514,000

2 Beds
2 Baths
1,555 Sq Ft
$1,529/mo HOA Fee

Last Sold January 26, 2017

Last sale price $1,042,950 $671 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,099/month

115 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Newly Remodeled
  • Somerset Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Elm Street Urban Park

About This Home

As of January 2017

FABULOUS PRICE REDUCTION! Spacious 2BR, 2BA southern facing unit. Gourmet kitchen w/ Bosch appliances & gas cooking. Impeccable finishes & hardwood floors throughout. Enjoy soaring views of Downtown Bethesda from floor-to-ceiling windows & 300 sq.ft. balcony. 2 assigned garage parking spaces included. Building amenities include 24/7 concierge, porter, fitness center, club room & 2 guest suits.

Last Agent to Sell the Property

Michelle Giannini

Hoffman Realty License #BR98368600 Listed on: 08/29/2016

Last Buyer's Agent

Michelle Giannini

Hoffman Realty License #BR98368600 Listed on: 08/29/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,735

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $1,529 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,555 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Stove
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Subterranean Spaces
  • Parking Space Conveys

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 160703759211

Community Details

Overview

  • Association fees include gas, exterior building maintenance, custodial services maintenance, management, insurance, parking fee, reserve funds, trash
  • 87 Units
  • High-Rise Condominium
  • Built by PN HOFFMAN
  • The Darcy Community
  • Downtown Bethesda Subdivision

Amenities

  • Concierge
  • Newspaper Service
  • Meeting Room
  • Guest Suites

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,735

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$1,529 per month

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
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2015
  • Remarks Public: FABULOUS PRICE REDUCTION! Spacious 2BR, 2BA southern facing unit. Gourmet kitchen w/ Bosch appliances & gas cooking. Impeccable finishes & hardwood floors throughout. Enjoy soaring views of Downtown Bethesda from floor-to-ceiling windows & 300 sq.ft. balcony. 2 assigned garage parking spaces included. 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

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Freezer, Microwave, Oven - Wall, Oven/Range - Gas, Refrigerator, Range Hood, Stove, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Wood Floors, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1555
  • Living Area Sq Ft: 1555
  • Price Per Sq Ft: 752.35
  • Above Grade Finished Sq Ft: 1555
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7171

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • 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
  • Security: 24 Hour Security, Desk In Lobby, Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1528.97
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Guest Suites, Meeting Room, Newspaper Service, Security
  • HOA Condo Co-Op Fee Includes: Gas, Ext Bldg Maint, Custodial Services Maintenance, Management, Insurance, Parking Fee, 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: 945000.00
  • Land Assessed Value: 405000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016

Building Info

  • Builder Name: PN HOFFMAN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14123363
  • Tax Annual Amount: 15734.78
  • Assessor Parcel Number: 160703759211
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 1832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/26/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Jan 26, 2017
Sold by
The Darcy Business Trust
Bought by
Wo0odmont 7171 Llc
Seller's Agent
Michelle Giannini
Hoffman Realty
Buyer's Agent
Michelle Giannini
Hoffman Realty
List Price
$1,169,900
Sold Price
$1,042,950
Premium/Discount to List
-$126,950
-10.85%
Current Estimated Value
$1,306,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,833
Avg. Annual Appreciation
2.93%
Original Mortgage
$1,042,950
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Wo0odmont 7171 Llc $1,042,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodmont 7171 Llc $840,000
Closed Wo0odmont 7171 Llc $1,042,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $1,042,950 0.0% $671 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/20/2016 12/20/16 Off Market $1,042,950 -- --
11/15/2016 11/15/16 For Sale $1,169,900 +12.2% $752 / Sq Ft
11/12/2016 11/12/16 Off Market $1,042,950 -- --
11/04/2016 11/04/16 Price Changed $1,169,900 -7.1% $752 / Sq Ft
09/29/2016 09/29/16 For Sale $1,259,900 +20.8% $810 / Sq Ft
09/02/2016 09/02/16 Off Market $1,042,950 -- --
08/29/2016 08/29/16 For Sale $1,259,900 -- $810 / 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 $17,565 $1,510,000 $453,000 $1,057,000
2024 $17,565 $1,501,667 $0 $0
2023 $17,445 $1,493,333 $0 $0
2022 $11,969 $1,485,000 $445,500 $1,039,500
2021 $16,513 $1,476,667 $0 $0
2020 $449 $1,468,333 $0 $0
2019 $16,323 $1,460,000 $375,000 $1,085,000
2018 $15,942 $1,423,333 $0 $0
2017 $15,735 $1,386,667 $0 $0
2016 -- $1,350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Giannini

    Seller's Agent in 2017

    Michelle Giannini

    Hoffman Realty

    (202) 438-1021

    39 Total Sales

    Michelle Giannini
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About The Darcy

Map

Source: Bright MLS

MLS Number: 1002456165

Bright MLS

APN: 07-03759211

Maryland Montgomery County Chevy Chase 20814 Downtown Bethesda

7171 Woodmont Ave Unit 703, Chevy Chase, MD

This home is located at 7171 Woodmont Ave Unit 703, Chevy Chase, MD 20815 since 29 August 2016 and is currently estimated at $1,306,783, approximately $840 per square foot. This property was built in 2015. 7171 Woodmont Ave Unit 703 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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