NOT LISTED FOR SALE

7425 Democracy Blvd Unit 305 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $390,000 - $441,000

3 Beds
2 Baths
1,484 Sq Ft
$849/mo HOA Fee

Last Sold August 23, 2024

Last sale price $435,000 $293 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,362/month

50 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Tennis Courts
  • Ashburton Elementary School Rated A
  • Community Pool
  • 2 Elevators

About This Home

As of August 2024

Rarely available, remarkable 3 bedrooms and 2 bathrooms corner unit, showcasing a seamless blend of elegance and comfort. Upon entry, the inviting warmth of parquet floors gracefully extends through the dining room and living room, providing enduring durability and timeless charm.
The gourmet kitchen is a fusion of style and practicality, highlighting sleek countertops, stainless steel appliances, and custom cabinetry. The bedrooms are generously sized with ample closet storage and both bathrooms have been tastefully remodeled to offer modern comfort. Additionally, the unit features new carpeting, fresh paint throughout, and a tranquil balcony. Washer and dryer in unit. Storage is available as well.
This property is situated in an unparalleled location and provides convenient access to Bethesda, Westfield Montgomery Mall, Cabin John Park, diverse dining options, entertainment venues, public transportation, major commuting roads, and outdoor recreational activities.

Tennis courts, swimming pool, trail access, guest parking & secure entry are part of the included amenities.

Last Agent to Sell the Property

Irene Wertheimer

(301) 455-6095 irenewer@compass.com Compass License #600344 Listed on: 06/03/2024

Compass

Last Buyer's Agent

Yework Birre

(301) 442-4833 Yework@zgkhomes.com Heymann Realty, LLC License #597902

Heymann Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1975

Lot Details

  • 3,833

HOA Fees

  • $849 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,484 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Additional Features

  • Property is in excellent condition
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161001700033

Community Details

Overview

  • Association fees include pool(s), common area maintenance, trash, snow removal, water
  • $500 Other One-Time Fees
  • Low-Rise Condominium
  • Westlake Park Subdivision

Amenities

  • 2 Elevators
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,707

Year Built

Built in 1975

Lot Details

0

HOA Fees

$849 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Wall unit in DNR
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Oven/Range - Electric, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Wood, Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Dining Area, Formal/Separate Dining Room, Kitchen - Table Space, Primary Bath(s), Tub Shower, Walk-In Closet(s)
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1484
  • Living Area Sq Ft: 1484
  • Price Per Sq Ft: 309.30
  • Above Grade Finished Sq Ft: 1484
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 849.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Pool - Outdoor, Tennis Courts, Elevator
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Trash, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: 3rd Party

Lot Info

  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3707.00
  • Assessor Parcel Number: 161001700033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 23, 2024
Sold by
Harris Leonard M
Bought by
Kassahun Bekana Rakeb and Naigzi Woldetensay Habtom
Seller's Agent
Irene Wertheimer
Compass
Buyer's Agent
Yework Birre
Heymann Realty, LLC
List Price
$459,000
Sold Price
$435,000
Premium/Discount to List
-$24,000
-5.23%
Views
212
Current Estimated Value
$417,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,323
Avg. Annual Appreciation
-3.15%
Original Mortgage
$348,000
Outstanding Balance
$343,955
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$73,722

Purchase Details

Closed on
Oct 14, 2003
Sold by
Harris George
Bought by
Harris George
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
Kassahun Bekana Rakeb $435,000 Doma Title
Kassahun Bekana Rakeb $435,000 Doma Title
Harris George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassahun Bekana Rakeb $348,000
Closed Kassahun Bekana Rakeb $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $435,000 -5.2% $293 / Sq Ft
06/03/2024 06/03/24 For Sale $459,000 -- $309 / 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 $3,768 $325,000 $97,500 $227,500
2024 $3,768 $320,000 $0 $0
2023 $3,015 $315,000 $0 $0
2022 $2,499 $310,000 $93,000 $217,000
2021 $5,520 $306,667 $0 $0
2020 $5,324 $303,333 $0 $0
2019 $2,662 $300,000 $90,000 $210,000
2018 $3,277 $296,667 $0 $0
2017 $2,687 $293,333 $0 $0
2016 -- $290,000 $0 $0
2015 $2,255 $290,000 $0 $0
2014 $2,255 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Irene Wertheimer

    Seller's Agent in 2024

    Irene Wertheimer

    Compass

    (301) 455-6095

    1 in this area

    32 Total Sales

    Irene Wertheimer
    Section Image
  • Yework Birre

    Buyer's Agent in 2024

    Yework Birre

    Heymann Realty, LLC

    (301) 442-4833

    2 in this area

    91 Total Sales

    Yework Birre
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2132278

Bright MLS

APN: 10-01700033

Maryland Montgomery County Bethesda 20817 West Bethesda

7425 Democracy Blvd Unit 305, Bethesda, MD

Not Listed for Sale

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