NOT LISTED FOR SALE

Chelsea Towers 7401 Westlake Terrace Unit 803 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $242,936 - $256,000

1 Bed
1 Bath
859 Sq Ft
$475/mo HOA Fee

Last Sold December 30, 2022

Last sale price $192,500 $224 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,976/month

57 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Ashburton Elementary School Rated A
  • 24-Hour Security
  • Community Pool

About This Home

As of December 2022

Wonderful opportunity for someone looking to be close to some of the best amenities Bethesda has to offer for one of the lowest condo fees in town and at an affordable price. Come and take a look at this unit and make it shine again. Lots of natural lighting, very spacious and wonderful ammenities. The foyer, which features a coat closet, leads to the open concept living room and dining room that is filled with natural light from the sliding glass doors accessing the expansive balcony. There is even table space for casual dining in the kitchen. The bedroom is bright and roomy. There is a generous sized walk-in closet. Chelsea Towers Condominium is a full service building with a renovated lobby and 24/7 concierge, state of the art fitness center, bike room, party room, ample parking. Community features pool and tennis courts. Very close to shopping, Cabin John Park, I-495, I-270, Walter Reed, NIH, Cabin John Park, Park Potomac. Centrally located with close proximity to Downtown Bethesda, Pike & Rose, Downtown Rockville, walking distance to Westfield Mall and Main Metro Bus terminal. Trash and laundry on each floor. Building features and so much more!

Last Agent to Sell the Property

Daniel Register

(301) 789-3383 dbrealtor4@gmail.com Northrop Realty Listed on: 10/12/2022

Northrop Realty

Last Buyer's Agent

Francisco Alonso

(301) 325-9813 alonsof1948@gmail.com Inter-American, REALTORS License #581999

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1979

Lot Details

  • 784

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Entry on the 8th floor
  • Brick Exterior Construction

Interior Spaces

  • 859 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Sliding Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Exterior Cameras

Kitchen

  • Stove
  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in below average condition

Listing and Financial Details

  • Assessor Parcel Number 161002318737

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, pool(s), management, trash, water, sauna
  • High-Rise Condominium
  • Chelsea Tower Condominium Condos, Phone Number (703) 941-0818
  • Chelsea Towers Subdivision

Amenities

  • Concierge
  • Common Area

Recreation

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,097

Year Built

Built in 1979

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Freezer, Refrigerator, Stove
  • Entry Floor: 8
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open
  • Window Features: Sliding
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Total Sq Ft: 859
  • Living Area Sq Ft: 859
  • Price Per Sq Ft: 226.89
  • Above Grade Finished Sq Ft: 859
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Chelsea Tower Condominium
  • Condo Co-Op Phone: (703) 941-0818
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Management, Trash, Water, Sauna
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 129500.00
  • Land Assessed Value: 55500.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Below Average
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13989900
  • Tax Annual Amount: 2097.00
  • Assessor Parcel Number: 161002318737
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 28, 2022
Sold by
Rmac Trust
Bought by
Torres Maria Marlen
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Francisco Alonso
Inter-American, REALTORS
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%
Views
72
Current Estimated Value
$247,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,484
Avg. Annual Appreciation
9.06%
Original Mortgage
$163,625
Outstanding Balance
$158,574
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$89,410

Purchase Details

Closed on
Aug 9, 2022
Sold by
Cohn Edward S
Bought by
Rmac Trust

Purchase Details

Closed on
Jun 16, 1993
Bought by
Parsa Parviz and R K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Maria Marlen $192,500 --
Torres Maria Marlen $192,500 None Listed On Document
Rmac Trust $206,737 None Listed On Document
Parsa Parviz $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Maria Marlen $163,625
Closed Torres Maria Marlen $163,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $192,500 -1.2% $224 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/22/2022 11/22/22 Price Changed $194,900 -2.5% $227 / Sq Ft
10/12/2022 10/12/22 For Sale $199,900 0.0% $233 / Sq Ft
04/20/2015 04/20/15 Rented $1,350 -6.9% --
04/20/2015 04/20/15 Under Contract -- -- --
08/15/2014 08/15/14 For Rent $1,450 -- --
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 $2,097 $185,000 $55,500 $129,500
2021 $2,038 $180,000 $0 $0
2020 $1,921 $175,000 $0 $0
2019 $1,921 $170,000 $51,000 $119,000
2018 $1,841 $166,667 $0 $0
2017 $1,884 $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

  • Daniel Register

    Seller's Agent in 2022

    Daniel Register

    Creig Northrop Team of Long & Foster

    (301) 789-3383

    1 in this area

    369 Total Sales

    Daniel Register
    Section Image

  • F

    Buyer's Agent in 2022

    Francisco Alonso

    Inter-American, REALTORS

    (301) 325-9813

    1 in this area

    5 Total Sales

    Francisco Alonso
    Section Image

  • D

    Seller's Agent in 2015

    Daniel Bortz

    KW Metro Center

  • David Moya

    Seller Co-Listing Agent in 2015

    David Moya

    KW Metro Center

    (703) 307-4609

    1 in this area

    161 Total Sales

    David Moya
    Section Image
  • Alexander Stefan

    Buyer's Agent in 2015

    Alexander Stefan

    RE/MAX

    (202) 281-4100

    29 Total Sales

    Alexander Stefan
    Section Image
See All Agents

About Chelsea Towers

Map

Source: Bright MLS

MLS Number: MDMC2072494

Bright MLS

APN: 10-02318737

Maryland Montgomery County Bethesda 20817 West Bethesda

7401 Westlake Terrace Unit 803, Bethesda, MD

Not Listed for Sale

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