Seller's Agent in 2015
Drew Gibbons
RE/MAX
(301) 538-0477
4 in this area
15 Total Sales
7218 Chestnut St Chevy Chase, MD 20815
Chevy Chase Park NeighborhoodEstimated Value: $2,625,241 - $2,946,000
5
Beds
5.5
Baths
4,785
Sq Ft
$588/Sq Ft
Est. Value
Highlights
- Community Stables
- Fitness Center
- Newly Remodeled
- Rosemary Hills Elementary School Rated A-
- Transportation Service
- Eat-In Gourmet Kitchen
About This Home
As of August 2015NEW PRICE! Welcome to this brand new captivating home brought to you by Renovation Studio. This home features all high-end finishes, top-of-the-line appliances, a one-of-a-kind sun filled chef's kitchen, an attached front loading easy access garage and potential for a future elevator. Complete with 5 BR's and 5.5 BA's it is a gem. Please come visit this Sunday from 1-4pm. Elevator is an option.
Last Agent to Sell the Property
(301) 538-0477 drw.gbbns@gmail.com Remax Realty Services Listed on: 06/05/2015
Last Buyer's Agent
(301) 404-7011 joanne.pinover@wfp.com Washington Fine Properties, LLC License #29610
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,809
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 7,730 Sq Ft Lot
- East Facing Home
- Stone Retaining Walls
- Back Yard Fenced
- Landscaped
- Premium Lot
- Open Lot
- The property's topography is level
- Property is in very good condition
- Property is zoned R60
Parking
- 1 Car Attached Garage
- Handicap Parking
- Front Facing Garage
- Garage Door Opener
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
- Off-Site Parking
- Unassigned Parking
Home Design
- Colonial Architecture
- Bump-Outs
- Asphalt Roof
- Wood Siding
- Shingle Siding
- HardiePlank Type
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Brick Wall or Ceiling
- Cathedral Ceiling
- Fireplace Mantel
- Double Pane Windows
- Insulated Windows
- Wood Frame Window
- Sliding Doors
- Insulated Doors
- Mud Room
- Entrance Foyer
- Family Room Off Kitchen
- Sitting Room
- Dining Room
- Den
- Game Room
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Room
- Butlers Pantry
- Double Oven
- Electric Oven or Range
- Six Burner Stove
- Cooktop with Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- 5.5 Bathrooms
Laundry
- Laundry Room
- Dryer
Finished Basement
- Heated Basement
- Sump Pump
- Shelving
- Space For Rooms
- Basement Windows
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
- Roll-in Shower
- Accessible Kitchen
- Halls are 36 inches wide or more
- Modifications for wheelchair accessibility
- Doors swing in
- Doors are 32 inches wide or more
- Level Entry For Accessibility
- Flooring Modification
Outdoor Features
- Balcony
- Deck
- Playground
- Brick Porch or Patio
Schools
- Chevy Chase Elementary School
- Westland Middle School
- Bethesda-Chevy Chase High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 160700520096
- $550 Front Foot Fee per year
Community Details
Overview
- No Home Owners Association
- Built by RENOVATION STUDIOS
- Martins Addition Subdivision, Spectacular New Home! Floorplan
Amenities
- Transportation Service
- Picnic Area
- Community Center
- Community Library
- Recreation Room
- Convenience Store
Recreation
- Tennis Courts
- Baseball Field
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Stables
- Horse Trails
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2015
Closed on
Aug 26, 2015
Sold by
7218 Chesnut Llc
Bought by
Vorrasi Kenneth M and Vorrasi Eliabeth B
Seller's Agent
Drew Gibbons
Remax Realty Services
Buyer's Agent
Joanne Pinover
Washington Fine Properties, LLC
List Price
$2,069,000
Sold Price
$1,910,000
Premium/Discount to List
-$159,000
-7.68%
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
$904,560
Avg. Annual Appreciation
3.84%
Original Mortgage
$800,000
Outstanding Balance
$630,485
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$2,184,075
Purchase Details
Closed on
Jun 2, 2014
Sold by
Phipps Frances E and Phipps Harold R
Bought by
7218 Chestnut Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2002
Sold by
Donelon John T and Donelon S L
Bought by
Phipps Frances E and Phipps Harold R
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 |
|---|---|---|---|
| Vorrasi Kenneth M | $1,910,000 | Fidelity Natl Title Ins Co | |
| 7218 Chestnut Llc | $800,000 | Fidelity Natl Title Ins Co | |
| Phipps Frances E | $580,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vorrasi Kenneth M | $800,000 | |
| Previous Owner | 7218 Chestnut Llc | $1,170,000 | |
| Previous Owner | 7218 Chestnut Llc | $1,335,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2015 08/26/15 | Sold | $1,910,000 | -3.2% | $399 / Sq Ft |
| 07/28/2015 07/28/15 | Pending | -- | -- | -- |
| 07/23/2015 07/23/15 | Price Changed | $1,974,000 | -4.6% | $413 / Sq Ft |
| 06/16/2015 06/16/15 | For Sale | $2,069,000 | +8.3% | $432 / Sq Ft |
| 06/15/2015 06/15/15 | Off Market | $1,910,000 | -- | -- |
| 06/05/2015 06/05/15 | For Sale | $2,069,000 | -- | $432 / 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 | $25,002 | $2,332,200 | $736,700 | $1,595,500 |
| 2024 | $25,002 | $2,112,367 | $0 | $0 |
| 2023 | $22,114 | $1,892,533 | $0 | $0 |
| 2022 | $18,483 | $1,672,700 | $669,700 | $1,003,000 |
| 2021 | $18,550 | $1,672,700 | $669,700 | $1,003,000 |
| 2020 | $18,457 | $1,672,700 | $669,700 | $1,003,000 |
| 2019 | $37,252 | $1,863,200 | $637,800 | $1,225,400 |
| 2018 | $36,814 | $1,751,433 | $0 | $0 |
| 2017 | $7,656 | $1,639,667 | $0 | $0 |
| 2016 | -- | $1,527,900 | $0 | $0 |
| 2015 | $8,273 | $1,527,900 | $0 | $0 |
| 2014 | $8,273 | $747,633 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Gibbons
-
Eric Murtagh
Seller Co-Listing Agent in 2015
Eric Murtagh
Long & Foster
(301) 656-1800
7 in this area
68 Total Sales
-
Joanne Pinover
Buyer's Agent in 2015
Joanne Pinover
Washington Fine Properties, LLC
(301) 404-7011
49 Total Sales
Map
Source: Bright MLS
MLS Number: 1002339045
APN: 07-00520096
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