NOT LISTED FOR SALE

Estimated Value: $1,578,000 - $1,813,502

2 Beds
2.5 Baths
3,850 Sq Ft
$2,800/mo HOA Fee

Last Sold September 17, 2024

Last sale price $1,585,000 $412 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,829/month

141 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 4-minute walk to Bethesda
  • Beaux Arts Architecture
  • Rosemary Hills Elementary School Rated A-
  • Open Floorplan
  • 1-minute walk to Elm Street Urban Park

About This Home

As of September 2024

Welcome to grand single-floor living in Chevy Chase with the best of Bethesda at your doorstep. 7222 47th Street #R5 offers luxuriously splendid living in an enviable location. Custom built and exquisitely designed as the building developer’s private residence, no detail has been left untouched in this remarkable property. Situated in close proximity to all the destinations Bethesda and Chevy Chase offer as well as Northwest Washington, while also enjoying the serenity and solace of Elm Street Park, the location is truly unparalleled. Located within the boutique 47th & Elm Street Condominium building, with a revamped lobby, this meticulously maintained Two (2) bedroom, Two and a Half (2.5) bathroom residence encompasses an approximate but expansive 3,850 square feet, delivering the pinnacle of condominium living with sprawling entertaining spaces, privately appointed and generously sized bedrooms, three (3) assigned parking spaces, a secure storage room and semi-private elevator from lobby and garage. The private entrance welcomes you with 9-foot ceilings, accentuated by light-flooded French doors that reveal Juliet balconies with captivating views overlooking the park. Throughout the residence, glistening hardwood floors, top- of-the-line finishes, skylights, and a spacious open floor plan create an atmosphere of refined sophistication. The Dining Room exudes elegance with its tray ceilings, mirroring the allure of the eat-in kitchen adorned with stainless-steel appliances. Both the Primary Bedroom and the Second Bedroom are thoughtfully designed, featuring built-in shelving, private dressing rooms and walk-in closets with skylights. The residences boast a fabulous study, the envy of many, with custom built-ins and French doors. Completing this unit is a secluded laundry room, enhancing the practicality of the living space. This prime location puts you near an array of amenities, including shopping and restaurants of Bethesda Row, theaters, biking trails, and nearby parks. Although this offering provides endless amenities of a central locale, its community offers a sense of charm, ease and solace.

Last Agent to Sell the Property

Matt Cheney

(202) 465-0707 matt.cheney@compass.com Compass License #582148 Listed on: 04/09/2024

Compass

Last Buyer's Agent

Matt Cheney

(202) 465-0707 matt.cheney@compass.com Compass License #582148 Listed on: 04/09/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,450

Year Built

  • Built in 1998

Lot Details

  • 3,790

HOA Fees

  • $2,800 Monthly HOA Fees

Parking

  • 3 Assigned Subterranean Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Beaux Arts Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 3,850 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Atrium Windows
  • French Doors
  • Atrium Doors
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160703229352

Community Details

Overview

  • Association fees include common area maintenance, insurance, water, lawn maintenance, exterior building maintenance, a/c unit(s)
  • Low-Rise Condominium
  • 47Th & Elm Condos
  • Chevy Chase Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,450

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,800 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to grand single-floor living in Chevy Chase with the best of Bethesda at your doorstep. 7222 47th Street #R5 offers luxuriously splendid living in an enviable location. Custom built and exquisitely designed as the building developer’s private residence, no detail has been left untouched in this remarkable property. Situated in close proximity to all the destinations Bethesda and Chevy Chase offer as well as Northwest Washington, while also enjoying the serenity and solace of Elm Street Park, the location is truly unparalleled. Located within the boutique 47th & Elm Street Condominium building, with a revamped lobby, this meticulously maintained Two (2) bedroom, Two and a Half (2.5) bathroom residence encompasses an approximate but expansive 3,850 square feet, delivering the pinnacle of condominium living with sprawling entertaining spaces, privately appointed and generously sized bedrooms, three (3) assigned parking spaces, a secure storage room and semi-private elevator from lobby and garage. The private entrance welcomes you with 9-foot ceilings, accentuated by light-flooded French doors that reveal Juliet balconies with captivating views overlooking the park. Throughout the residence, glistening hardwood floors, top- of-the-line finishes, skylights, and a spacious open floor plan create an atmosphere of refined sophistication. The Dining Room exudes elegance with its tray ceilings, mirroring the allure of the eat-in kitchen adorned with stainless-steel appliances. Both the Primary Bedroom and the Second Bedroom are thoughtfully designed, featuring built-in shelving, private dressing rooms and walk-in closets with skylights. The residences boast a fabulous study, the envy of many, with custom built-ins and French doors. Completing this unit is a secluded laundry room, enhancing the practicality of the living space. This prime location puts you near an array of amenities, including shopping and restaurants of Bethesda Row, theaters, biking trails, and nearby parks. Although this offering provides endless amenities of a central locale, its community offers a sense of charm, ease and solace.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Oven - Wall, Microwave, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Skylight(s), Bathroom - Soaking Tub, Bathroom - Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Atrium, Skylights
  • Fireplace: No
  • Door Features: French, Atrium
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3850
  • Living Area Sq Ft: 3850
  • Price Per Sq Ft: 433.51
  • Above Grade Finished Sq Ft: 3850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7222

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: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Assigned Spaces Count: 3
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Garage Door Opener, Underground, Oversized, Inside Access, Additional Storage Area
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 3

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
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8400.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: 47th & Elm condos
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Water, Lawn Maintenance, Ext Bldg Maint, A/C Unit(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2024
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 16450.00
  • Assessor Parcel Number: 160703229352
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/17/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Sep 12, 2024
Sold by
Alloy Paula W and Cohen Jane
Bought by
Wulff Robert M and Wulff Deborah A
Seller's Agent
Matt Cheney
Compass
Buyer's Agent
Matt Cheney
Compass
List Price
$1,759,000
Sold Price
$1,585,000
Premium/Discount to List
-$174,000
-9.89%
Views
247
Current Estimated Value
$1,639,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,369
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Nov 30, 2004
Sold by
Alloy Martin K
Bought by
Alloy Paula W
Source: Public Records

Range of Values:

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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
Wulff Robert M $1,585,000 First Excel Title
Wulff Robert M $1,585,000 First Excel Title
Alloy Paula W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $1,585,000 -5.0% $412 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $1,669,000 -5.1% $434 / Sq Ft
04/09/2024 04/09/24 For Sale $1,759,000 -- $457 / 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 $16,448 $1,400,000 $420,000 $980,000
2024 $16,448 $1,400,000 $420,000 $980,000
2023 $15,758 $1,400,000 $420,000 $980,000
2022 $24,180 $3,000,000 $900,000 $2,100,000
2021 $31,394 $2,866,667 $0 $0
2020 $59,850 $2,733,333 $0 $0
2019 $28,421 $2,600,000 $900,000 $1,700,000
2018 $28,473 $2,600,000 $900,000 $1,700,000
2017 $33,132 $2,933,333 $0 $0
2016 $24,613 $2,900,000 $0 $0
2015 $24,613 $2,900,000 $0 $0
2014 $24,613 $2,900,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2126792

Bright MLS

APN: 07-03229352