NOT LISTED FOR SALE

7425 Democracy Blvd Unit 3 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $258,102 - $294,000

1 Bed
1 Bath
916 Sq Ft
$491/mo HOA Fee

Last Sold February 29, 2024

Last sale price $265,000 $289 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,162/month

7 Days on Market

Highlights

  • Lake Privileges
  • Community Lake
  • Wood Flooring
  • Ashburton Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of February 2024

This recently Remodeled Condo features sleek and clean lines and a private Terrace!
Upgrades include new engineered wood floors throughout, a new walk -in shower and new washer and dryer. the unit also has an individual secure storage area located on the same floor. Enjoy all the wonderful condominium amenities: Swimming Pool,Tennis Court, Pickleball Court, Party Room,and Library. Conveniently located minutes from 270 and 495, next to the Pauline Betz indoor tennis complex, near Cabin JohnPark and Montgomery Mall.
Open Saturday & Sunday from 1-5PM

Last Agent to Sell the Property

Teresa Craig

(301) 961-6000 terecraig@aol.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 01/24/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1975 | Remodeled in 2021

Lot Details

  • 2,222

HOA Fees

  • $491 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 916 Sq Ft Home
  • Property has 1 Level
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway
  • Parking Lot

Accessible Home Design

  • Grab Bars
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Lake Privileges

Schools

  • Auburn Middle School
  • Walter Johnson High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001699547

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, lawn maintenance, pool(s), parking fee, trash
  • Low-Rise Condominium
  • West Lake Park A Condos
  • Westlake Terrace Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Meeting Room
  • Party Room
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Recreational Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,497

Year Built

Built in 1975 | Remodeled in 2021

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Grab Bars Mod, Level Entry - Main, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-25
  • Federal Flood Zone: No
  • Year Built: 1975
  • Year Renovated: 2021
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 1
  • Interior Amenities: Dining Area, Flat, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors, Combination Dining/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 916
  • Living Area Sq Ft: 916
  • Price Per Sq Ft: 289.30
  • Above Grade Finished Sq Ft: 916
  • 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
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 491.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: West Lake Park A
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Lake, Library, Meeting Room, Non-Lake Recreational Area, Party Room, Pool - Outdoor, Tennis Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Lawn Maintenance, Pool(s), Parking Fee, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: WALTER JOHNSON
  • Middle Or Junior School: AUBURN

Lot Info

  • Horses: No
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2497.00
  • Assessor Parcel Number: 161001699547
  • 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
Jan 24, 2024
Closed on
Feb 23, 2024
Sold by
Mccarthy Michael O
Bought by
Castro Mendez Maria Mercedes and Troconis Alarza Carlos
Seller's Agent
Teresa Craig
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$265,000
Sold Price
$265,000
Views
84
Current Estimated Value
$275,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,776
Avg. Annual Appreciation
2.29%
Original Mortgage
$260,200
Outstanding Balance
$255,670
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$20,106

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jul 16, 2021
Sold by
Goldberg Kimberly P and Goldberg Michael B
Bought by
Mccarthy Michael O
Seller's Agent
Teresa Craig
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lori Maggin
Rory S. Coakley Realty, Inc.
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Goldberg Kimberly P and Harris Kimberly P
Bought by
Goldberg Kimberly P and Goldberg Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2003
Sold by
Strumpf Gerald and Strumpf S
Bought by
Harris Kimberly P
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
Castro Mendez Maria Mercedes $265,000 Stewart Title
Castro Mendez Maria Mercedes $265,000 Stewart Title
Mccarthy Michael O $239,000 Sage Title Group Llc
Goldberg Kimberly P -- Home Team Title
Harris Kimberly P $195,000 --
Harris Kimberly P $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Mendez Maria Mercedes $260,200
Closed Castro Mendez Maria Mercedes $260,200
Previous Owner Goldberg Kimberly P $134,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $265,000 0.0% $289 / Sq Ft
01/24/2024 01/24/24 For Sale $265,000 +10.9% $289 / Sq Ft
07/16/2021 07/16/21 Sold $239,000 0.0% $261 / Sq Ft View Prior Sale
07/03/2021 07/03/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $239,000 0.0% $261 / Sq Ft
07/31/2017 07/31/17 Rented $1,450 0.0% --
07/11/2017 07/11/17 Under Contract -- -- --
07/01/2017 07/01/17 For Rent $1,450 -3.3% --
08/17/2016 08/17/16 Rented $1,500 0.0% --
08/12/2016 08/12/16 Under Contract -- -- --
08/04/2016 08/04/16 For Rent $1,500 -- --
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 $2,616 $230,000 $69,000 $161,000
2024 $2,616 $220,000 $0 $0
2023 $2,497 $210,000 $0 $0
2022 $2,281 $200,000 $60,000 $140,000
2021 $0 $196,667 $0 $0
2020 $2,141 $193,333 $0 $0
2019 $2,141 $190,000 $57,000 $133,000
2018 $2,099 $190,000 $57,000 $133,000
2017 $2,344 $190,000 $0 $0
2016 -- $200,000 $0 $0
2015 $2,177 $200,000 $0 $0
2014 $2,177 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2118058

Bright MLS

APN: 10-01699547