NOT LISTED FOR SALE

Chelsea Towers 7401 Westlake Terrace Unit 509 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $245,335 - $257,000

1 Bed
1 Bath
857 Sq Ft
$518/mo HOA Fee

Last Sold March 05, 2024

Last sale price $236,000 $275 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,026/month

6 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Community Pool
  • Ashburton Elementary School Rated A
  • Rambler Architecture
  • Meeting Room

About This Home

As of March 2024

ATT AGENT LOCK BOX IS INRONT DESK***Dedline for all offers is Tuesday by 11:00 AM****location! Location! Location! Welcome to 7401 Westlake Terrace, Unit 509. This spectacular 1 bedroom, 1-bathroom condo at 857 SF is freshly painted and located in the very desirable Chelsea Tower behind Montgomery Mall with its all amenities, and Food Court. Three Shopping centers in walking distance. Post Office, Great school district, Metro minutes away. This unit comes with a large double sliding door Sit on the huge balcony with a spectacular view of this unit. The kitchen has been updated with Island countertops and stainless steel appliances. and the Water Heater & Kitchen appliances are less than 3 years old. Large bedroom with/ a walk-in closet and a separate entrance to the unit's updated full bath. Multiple laundry facilities are located on each floor. Unit comes with one storage unit #54 room 1and there won't be any parking shortage in the community's huge parking. The building's amenities include a 24-hour Concierge, Gym, Pool, Party room, Tennis court, Community Room and Party Room! Only one minute to 270 and 495 gives you fast access to DC and VA. Huge undergoing developments nearby and less than 3 miles from the metro. The property will be in AS IS Condition*****

Last Agent to Sell the Property

Mahin Ghadiri

(301) 996-2266 mahinghadiri7@gmail.com Weichert, REALTORS Listed on: 02/21/2024

Weichert, REALTORS

Last Buyer's Agent

Steven Misler

(410) 251-2700 steve@misler.com REMAX Platinum Realty License #653735

REMAX Platinum Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 1979

Lot Details

  • 784

HOA Fees

  • $518 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 857 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry on lower level

Kitchen

  • Electric Oven or Range
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Exterior Cameras
  • Monitored

Parking

  • Free Parking
  • Off-Site Parking
  • Parking Permit Included
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Ashburton Elementary School
  • North Bethesda Middle School
  • Walter Johnson High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161002319594

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, lawn care side, lawn care rear, pool(s), recreation facility, sewer, snow removal, trash, water, road maintenance, health club
  • High-Rise Condominium
  • Cfm Management Service Condos
  • Chelsea Towers Codm Community
  • Chelsea Towers Subdivision
  • Property has 5 Levels

Amenities

  • Answering Service
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,266

Year Built

Built in 1979

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Eat-In, Range, Dishwasher, Disposal, Refrigerator, Water Heater; Accessibility Features: Elevator; 24 Hour Security, Desk in Lobby; Common Laundry, Each floor has Laundry Room
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-22
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Intercom, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 5
  • Flooring Type: Laminated
  • Window Features: Sliding
  • Fireplace: No
  • Levels Count: 5
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bathroom 1
  • Basement: No
  • Laundry Type: Lower Floor, Main Floor, Upper Floor
  • Total Sq Ft: 857
  • Living Area Sq Ft: 857
  • Price Per Sq Ft: 256.71
  • Above Grade Finished Sq Ft: 857
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Brick, Concrete
  • Exterior Features: Tennis Court(s), Secure Storage, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Permit Included, Unassigned
  • Type Of Parking: Off Site

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric, Central
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Desk In Lobby, 24 Hour Security, Exterior Cameras, Main Entrance Lock, Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 518.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: CFM Management Service
  • HOA Condo Co-Op Amenities: Answering Service, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Recreational Center, Security, Storage Bin, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Lawn Care Side, Lawn Care Rear, Pool(s), Recreation Facility, Sewer, Snow Removal, Trash, Water, Road Maintenance, Health Club
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: RE
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2266.00
  • Assessor Parcel Number: 161002319594
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 7, 2024
Sold by
Hodjatoleslami Sam
Bought by
George Horace Greeley Jr 2008 Trust and Greeley
Seller's Agent
Mahin Ghadiri
Weichert, REALTORS
Buyer's Agent
Steven Misler
REMAX Platinum Realty
List Price
$220,000
Sold Price
$236,000
Premium/Discount to List
$16,000
7.27%
Views
102
Current Estimated Value
$249,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,334
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Apr 28, 2013
Closed on
Jul 18, 2013
Sold by
Cabanas Carl
Bought by
Hodjatoleslami Sam
Seller's Agent
Johan Gunawan
Taylor Properties
Buyer's Agent
Ashton Vessali
Compass
List Price
$185,000
Sold Price
$179,900
Premium/Discount to List
-$5,100
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$176,641
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2003
Sold by
Summer Kurt A
Bought by
Cabanas Carl

Purchase Details

Closed on
Mar 10, 1998
Sold by
Sec Of Housing & Urban Deve
Bought by
Summer Kurt A

Purchase Details

Closed on
Jun 10, 1997
Sold by
Rodriguez Maria T
Bought by
Sec Of Housing & Urban Deve
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
George Horace Greeley Jr 2008 Trust $236,000 Gpn Title
George Horace Greeley Jr 2008 Trust $236,000 Gpn Title
Hodjatoleslami Sam $179,900 Passport Title Services Llc
Cabanas Carl $193,500 --
Cabanas Carl $193,500 --
Summer Kurt A $54,000 --
Sec Of Housing & Urban Deve $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodjatoleslami Sam $176,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2024 03/05/24 Sold $236,000 +7.3% $275 / Sq Ft
02/21/2024 02/21/24 For Sale $220,000 +22.3% $257 / Sq Ft
07/19/2013 07/19/13 Sold $179,900 0.0% $210 / Sq Ft View Prior Sale
06/14/2013 06/14/13 Pending -- -- --
06/06/2013 06/06/13 Price Changed $179,900 -2.8% $210 / Sq Ft
04/28/2013 04/28/13 For Sale $185,000 -- $216 / 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 $2,345 $205,000 $61,500 $143,500
2024 $2,345 $198,333 $0 $0
2023 $1,574 $191,667 $0 $0
2022 $1,491 $185,000 $55,500 $129,500
2021 $1,346 $180,000 $0 $0
2020 $1,082 $175,000 $0 $0
2019 $1,229 $170,000 $51,000 $119,000
2018 $1,195 $166,667 $0 $0
2017 $1,192 $163,333 $0 $0
2016 -- $160,000 $0 $0
2015 $1,826 $160,000 $0 $0
2014 $1,826 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mahin Ghadiri

    Seller's Agent in 2024

    Mahin Ghadiri

    Weichert Corporate

    (301) 996-2266

    1 in this area

    56 Total Sales

    Mahin Ghadiri
    Section Image
  • Steven Misler

    Buyer's Agent in 2024

    Steven Misler

    RE/MAX

    (410) 251-2700

    34 in this area

    41 Total Sales

    Steven Misler
    Section Image
  • Johan Gunawan

    Seller's Agent in 2013

    Johan Gunawan

    Taylor Properties

    (301) 385-4020

    4 Total Sales

    Johan Gunawan
    Section Image
  • Ashton Vessali

    Buyer's Agent in 2013

    Ashton Vessali

    Compass

    (301) 502-7123

    2 in this area

    139 Total Sales

    Ashton Vessali
    Section Image
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About Chelsea Towers

Map

Source: Bright MLS

MLS Number: MDMC2120272

Bright MLS

APN: 10-02319594

Maryland Montgomery County Bethesda 20817 West Bethesda

7401 Westlake Terrace Unit 509, Bethesda, MD

Not Listed for Sale

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