NOT LISTED FOR SALE

Chelsea Towers 7401 Westlake Terrace Unit 911 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $327,000 - $341,000

2 Beds
2 Baths
1,120 Sq Ft
$650/mo HOA Fee

Last Sold March 17, 2023

Last sale price $300,000 $268 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,677/month

1 Day on Market

Highlights

  • Fitness Center
  • Penthouse
  • Community Pool
  • Ashburton Elementary School Rated A
  • Traditional Architecture
  • Tennis Courts

About This Home

As of March 2023

Well maintained 9th floor condo with tons of natural light! Private Balcony! 2 spacious bedrooms and 2 Full baths. Primary Bath was updated 5 years ago. Heat Pump is 8 years old. Brand new carpet. Just painted and ready for a new owner! Storage Bin is included! Easy Access to Montgomery Mall, I-495, and I-270. Check out the pictures...and you will understand why this condo won't last on the open market very long!

Last Agent to Sell the Property

Gary Rudden

(301) 351-2247 garyjrudden@remax.net RE/MAX Realty Services License #05260 Listed on: 03/08/2023

RE/MAX Realty Services

Co-Listed By

Lisa Rudden

(301) 908-4301 laruddenrealtor@gmail.com RE/MAX Realty Services License #313639

Last Buyer's Agent

Misook Lee

(301) 204-7149 misook@longandfoster.com Long & Foster Real Estate, Inc. License #AB98373558

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,476

Year Built

  • Built in 1979

Lot Details

  • Property is in excellent condition

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Penthouse
  • Traditional Architecture
  • Entry on the 9th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Formal Dining Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Surface Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Schools

  • Walter Johnson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161002319925

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash, water
  • High-Rise Condominium
  • Chelsea Towers Condomimiums Condos
  • Chelsea Towers Codm Community
  • Chelsea Towers Subdivision

Amenities

  • Common Area

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,476

Year Built

Built in 1979

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-08
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Entry Floor: 9
  • Flooring Type: Carpet
  • Interior Amenities: Formal/Separate Dining Room
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 267.41
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

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, 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
  • Parking Features: Unassigned, Surface
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Chelsea Towers Condomimiums
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Pool - Outdoor, Security, Storage Bin, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: WALTER JOHNSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Property Condition: Excellent
  • Zoning: UNK
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13990014
  • Tax Annual Amount: 3476.00
  • Assessor Parcel Number: 161002319925
  • 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
Mar 8, 2023
Closed on
Mar 17, 2023
Sold by
Reed Priscilla L
Bought by
Paek Nam Won and Paek Susan
Seller's Agent
Gary Rudden
RE/MAX Realty Services
Buyer's Agent
Misook Lee
Long & Foster Real Estate, Inc.
List Price
$299,500
Sold Price
$300,000
Premium/Discount to List
$500
0.17%
Views
36
Current Estimated Value
$331,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,307
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Apr 30, 1993
Bought by
Reed Priscilla I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paek Nam Won $300,000 Tradition Title
Paek Nam Won $300,000 Tradition Title
Reed Priscilla I $117,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $300,000 +0.2% $268 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $299,500 -- $267 / 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 $3,401 $290,000 $87,000 $203,000
2024 $3,401 $290,000 $87,000 $203,000
2023 $4,091 $290,000 $87,000 $203,000
2022 $2,499 $310,000 $93,000 $217,000
2021 $2,296 $280,000 $0 $0
2020 $2,028 $250,000 $0 $0
2019 $1,780 $220,000 $66,000 $154,000
2018 $1,766 $218,333 $0 $0
2017 $86 $216,667 $0 $0
2016 -- $215,000 $0 $0
2015 $1,830 $215,000 $0 $0
2014 $1,830 $215,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Rudden

    Seller's Agent in 2023

    Gary Rudden

    RE/MAX

    (301) 351-2247

    3 in this area

    185 Total Sales

    Gary Rudden
    Section Image
  • Lisa Rudden

    Seller Co-Listing Agent in 2023

    Lisa Rudden

    RE/MAX

    (301) 908-4301

    1 in this area

    62 Total Sales

    Lisa Rudden
    Section Image
  • Misook Lee

    Buyer's Agent in 2023

    Misook Lee

    Long & Foster

    (301) 204-7149

    2 in this area

    17 Total Sales

    Misook Lee
    Section Image
See All Agents

About Chelsea Towers

Map

Source: Bright MLS

MLS Number: MDMC2084594

Bright MLS

APN: 10-02319925

Maryland Montgomery County Bethesda 20817 West Bethesda

7401 Westlake Terrace Unit 911, Bethesda, MD

Not Listed for Sale

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