NOT LISTED FOR SALE

Chelsea Towers 7401 Westlake Terrace Unit 1101 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $353,000 - $369,276

2 Beds
2 Baths
1,304 Sq Ft
$686/mo HOA Fee

Highlights

  • Fitness Center
  • 24-Hour Security
  • Traditional Floor Plan
  • Ashburton Elementary School Rated A
  • Gated Community
  • Traditional Architecture

About This Home

As of October 2021

Enjoy this spacious condo unit with fresh paint and new HVAC system. This sun filled south facing corner 2BR/2BATH unit was converted from an originally 3-bedroom unit. It has over 1300 sqft living space and an oversized balcony with an magnificent view. The secured condo building has 24/7 front desk staff. It is near commute routes, public transit, shops, restaurants, entertainment, and Westfield Montgomery Mall. The condo complex also has many other amenities: outdoor pool, tennis, parking, and gym.

Last Agent to Rent the Property

Michael Zuo

(301) 983-1833 michael@zeemove.com Realty Advantage of Maryland LLC License #573786 Listed on: 08/30/2021

Realty Advantage of Maryland LLC

Last Renter's Agent

Michael Zuo

(301) 983-1833 michael@zeemove.com Realty Advantage of Maryland LLC License #573786 Listed on: 08/30/2021

Realty Advantage of Maryland LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1979

Lot Details

  • 1,220

HOA Fees

  • $686 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 11th floor

Interior Spaces

  • 1,304 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Ashburton Elementary School
  • Walter Johnson High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,995
  • $250 Move-In Fee
  • Tenant pays for minor interior maintenance, hoa/condo/coop fee increase, electricity, cable TV, insurance, light bulbs/filters/fuses/alarm care, utilities - some
  • Rent includes hoa/condo fee, parking, trash removal, water, sewer, pool maintenance, taxes, common area maintenance, grounds maintenance, recreation facility
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 8/30/21
  • Assessor Parcel Number 161002318464

Community Details

Overview

  • High-Rise Condominium
  • Chelsea Towers C Community
  • Chelsea Towers Subdivision

Amenities

  • Common Area
  • Party Room
  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,746

Year Built

Built in 1979

Lot Details

0

HOA Fees

$686 per month

Rental Info

  • Date Available: 2021-08-30
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee, Parking, Trash Removal, Water, Sewer, Pool Maintenance, Taxes, Common Area Maintenance, Grounds Maintenance, Recreation Facility
  • Security Deposit: 1995.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Minor Interior Maintenance, Hoa/Condo/Coop Fee Increase, Electricity, Cable Tv, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Utilities - Some
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 250.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy this spacious condo unit with fresh paint and new HVAC system. This sun filled south facing corner 2BR/2BATH unit was converted from an originally 3-bedroom unit. It has over 1300 sqft living space and an oversized balcony with an magnificent view. The secured condo building has 24/7 front desk staff. It is near commute routes, public transit, shops, restaurants, entertainment, and Westfield Montgomery Mall. The condo complex also has many other amenities: outdoor pool, tennis, parking, and gym.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 11
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 1304
  • Living Area Sq Ft: 1304
  • Price Per Sq Ft: 1.53
  • Above Grade Finished Sq Ft: 1304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7401

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: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 686.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Party Room, Pool - Outdoor, Tennis Courts, Security, Gated Community
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • High School Source: Listing Agent
  • School District Key: 121138126809
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON

Lot Info

  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 161002318464
  • Close Date: 10/01/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2014
Sold by
Hua Wei
Bought by
Hua Wei and Wan Deming
Current Estimated Value
$360,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$59,763
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$303,241

Purchase Details

Closed on
Apr 7, 2008
Sold by
Gabriel Othmar
Bought by
Hua Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Gabriel Othmar
Bought by
Hua Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Hua Wei -- Stragetic National Title Gro
Hua Wei $353,000 --
Hua Wei $353,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hua Wei $188,000
Closed Hua Wei $200,000
Closed Hua Wei $217,500
Closed Hua Wei $282,400
Closed Hua Wei $282,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Rented $1,995 0.0% --
08/30/2021 08/30/21 For Rent $1,995 +2.3% --
11/04/2016 11/04/16 Rented $1,950 0.0% --
11/04/2016 11/04/16 Under Contract -- -- --
09/27/2016 09/27/16 For Rent $1,950 +8.3% --
09/09/2013 09/09/13 Rented $1,800 -5.0% --
09/09/2013 09/09/13 Under Contract -- -- --
07/06/2013 07/06/13 For Rent $1,895 -- --
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 $3,746 $340,000 $102,000 $238,000
2024 $3,746 $320,000 $0 $0
2023 $3,514 $300,000 $0 $0
2022 $2,257 $280,000 $84,000 $196,000
2021 $3,140 $280,000 $84,000 $196,000
2020 $1,926 $280,000 $84,000 $196,000
2019 $3,134 $280,000 $84,000 $196,000
2018 $4,846 $263,333 $0 $0
2017 $2,689 $246,667 $0 $0
2016 $2,205 $230,000 $0 $0
2015 $2,205 $230,000 $0 $0
2014 $2,205 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Zuo

    Landlord's Agent in 2021

    Michael Zuo

    Realty Advantage of Maryland LLC

    (301) 983-1833

    3 Total Sales

    Michael Zuo
    Section Image
  • Sennur Fahrali

    Buyer's Agent in 2016

    Sennur Fahrali

    Classic Realty LTD

    (301) 275-4837

    8 Total Sales

    Sennur Fahrali
    Section Image
See All Agents

About Chelsea Towers

Map

Source: Bright MLS

MLS Number: MDMC2013780

Bright MLS

APN: 10-02318464

Maryland Montgomery County Bethesda 20817 West Bethesda

7401 Westlake Terrace Unit 1101, Bethesda, MD

This home is located at 7401 Westlake Terrace Unit 1101, Bethesda, MD 20817 since 30 August 2021 and is currently priced at $360,069. This property was built in 1979. 7401 Westlake Terrace Unit 1101 is a home located in Montgomery County with nearby schools including Ashburton Elementary School, North Bethesda Middle School, and Walter Johnson High School.

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