NOT LISTED FOR SALE

7425 Democracy Blvd Unit 214 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $340,000 - $395,000

2 Beds
2 Baths
1,276 Sq Ft
$634/mo HOA Fee

Last Sold March 23, 2020

Last sale price $299,900 $235 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,866/month

5 Days on Market

Highlights

  • Transportation Service
  • Community Lake
  • Backs to Trees or Woods
  • Senior Community
  • Contemporary Architecture
  • Community Pool

About This Home

As of March 2020

Best kept secret in Bethesda! Only Pet-friendly building in the area with IN-UNIT Washers and Dryers. Just Beautiful! This Spacious and bright home features an open floor plan with Party sized living room with Large Balcony, Sparkling Floors, Stylish Updated Granite and Stainless Eat-In Kitchen with pantry open to spacious Dining Room. Off the formal entry is a large additional walk in Closet. The Master Bedroom suite has its own walk-in closet and generous size bathroom, Second Bedroom and Bath are equally spacious. Just steps to Restaurants/eateries, Shops/Westfield Montgomery Mall, Movies, Park & bus lines and all conveniences. EASY ACCESS TO 270 AND 495 and NOVA. Walter Johnson Cluster. All freshly painted and Ready to be your new home!! Open Sunday 2/23, 1-4 pm.

Last Agent to Sell the Property

Marcel Ratnavale

RE/MAX Realty Services Listed on: 02/21/2020

Last Buyer's Agent

Diane Rioux

Real Broker, LLC - Gaithersburg License #617061

Real Broker, LLC - Gaithersburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1975

Lot Details

  • 3,267

HOA Fees

  • $634 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,276 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Backs to Trees or Woods
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 161001699957

Community Details

Overview

  • Senior Community
  • Association fees include all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), road maintenance, reserve funds, snow removal, trash, water, sewer
  • Mid-Rise Condominium
  • Westlake Park Condos
  • Westlake Park Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Transportation Service
  • Common Area
  • Party Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,133

Year Built

Built in 1975

Lot Details

0

HOA Fees

$634 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-02-22
  • Year Built: 1975
  • Remarks Public: Best kept secret in Bethesda! Only Pet-friendly building in the area with IN-UNIT Washers and Dryers. Just Beautiful! This Spacious and bright home features an open floor plan with Party sized living room with Large Balcony, Sparkling Floors, Stylish Updated Granite and Stainless Eat-In Kitchen with pantry open to spacious Dining Room. Off the formal entry is a large additional walk in Closet. The Master Bedroom suite has its own walk-in closet and generous size bathroom, Second Bedroom and Bath are equally spacious. Just steps to Restaurants/eateries, Shops/Westfield Montgomery Mall, Movies, Park & bus lines and all conveniences. EASY ACCESS TO 270 AND 495 and NOVA. Walter Johnson Cluster. All freshly painted and Ready to be your new home!! Open Sunday 2/23, 1-4 pm.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 235.03
  • Above Grade Finished Sq Ft: 1276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7425

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
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 634.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Westlake Park
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Lake, Party Room, Pool - Outdoor, Retirement Community, Swimming Pool, Tennis Courts, Transportation Service
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Road Maintenance, Reserve Funds, Snow Removal, Trash, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ASHBURTON
  • Middle School: NORTH BETHESDA
  • High School: WALTER JOHNSON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees
  • Year Assessed: 2019
  • Zoning: R30
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13986749
  • Tax Annual Amount: 3133.00
  • Assessor Parcel Number: 161001699957
  • Tax Total Finished Sq Ft: 1276
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/23/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 23, 2020
Sold by
Ratnavale William M
Bought by
Limerick Jeremy K
Seller's Agent
Marcel Ratnavale
RE/MAX Realty Services
Buyer's Agent
Diane Rioux
Real Broker, LLC - Gaithersburg
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$356,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,929
Avg. Annual Appreciation
4.02%
Original Mortgage
$290,903
Outstanding Balance
$260,481
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$110,598

Purchase Details

Listed on
Jun 4, 2013
Closed on
Oct 3, 2013
Sold by
Pegasus Home Corporation
Bought by
Ratnavale William M
Seller's Agent
Lawrence Lessin
Save 6, Incorporated
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$334,900
Sold Price
$315,675
Premium/Discount to List
-$19,225
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.81%
Original Mortgage
$165,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Varahram Kamran and Case #357356V
Bought by
Pegasus Home Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2003
Sold by
Bawa Mali
Bought by
Varahram Kamran

Purchase Details

Closed on
Dec 16, 1994
Sold by
Saunders William
Bought by
Bawa Mali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.03%
Source: Public Records

Range of Values:

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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
Limerick Jeremy K $299,900 Sage Title Group Llc
Ratnavale William M $315,675 Rsi Title Llc
Pegasus Home Corporation $239,000 Rsi Title Llc
Varahram Kamran $280,000 --
Varahram Kamran $280,000 --
Bawa Mali $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limerick Jeremy K $290,903
Previous Owner Ratnavale William $243,000
Previous Owner Ratnavale William M $165,000
Previous Owner Pegasus Home Corporation $165,000
Previous Owner Varahram Kamran $101,600
Previous Owner Bawa Mali $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $299,900 0.0% $235 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $299,900 0.0% $235 / Sq Ft
02/17/2020 02/17/20 Price Changed $299,900 -5.0% $235 / Sq Ft
11/29/2013 11/29/13 Sold $315,675 -5.7% $247 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $334,900 -- $262 / 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 $3,461 $295,000 $88,500 $206,500
2024 $3,461 $293,333 $0 $0
2023 $4,130 $291,667 $0 $0
2022 $2,583 $290,000 $87,000 $203,000
2021 $2,540 $286,667 $0 $0
2020 $2,501 $283,333 $0 $0
2019 $3,134 $280,000 $84,000 $196,000
2018 $3,056 $276,667 $0 $0
2017 $3,149 $273,333 $0 $0
2016 -- $270,000 $0 $0
2015 $2,067 $270,000 $0 $0
2014 $2,067 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcel Ratnavale

    Seller's Agent in 2020

    Marcel Ratnavale

    RE/MAX

    (301) 529-3820

    43 Total Sales

    Section Image
  • Diane Rioux

    Buyer's Agent in 2020

    Diane Rioux

    Real Broker, LLC - Gaithersburg

    (301) 367-1115

    54 Total Sales

    Section Image
  • Lawrence Lessin

    Seller's Agent in 2013

    Lawrence Lessin

    Save 6, Incorporated

    (301) 355-6104

    677 Total Sales

    Section Image

  • d

    Buyer's Agent in 2013

    datacorrect BrightMLS

    Non Subscribing Office

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Map

Source: Bright MLS

MLS Number: MDMC694442

Bright MLS

APN: 10-01699957

Maryland Montgomery County Bethesda 20817 West Bethesda

7425 Democracy Blvd Unit 214, Bethesda, MD

This home is located at 7425 Democracy Blvd Unit 214, Bethesda, MD 20817 since 21 February 2020 and is currently estimated at $356,829, approximately $279 per square foot. This property was built in 1975. 7425 Democracy Blvd Unit 214 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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