NOT LISTED FOR SALE

7425 Democracy Blvd Unit 314 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $352,000 - $445,000

2 Beds
2 Baths
1,276 Sq Ft
$525/mo HOA Fee

Last Sold March 02, 2014

Last sale price $335,000 $263 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,817/month

6 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Community Lake
  • Ashburton Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of March 2014

Beautiful & spacious end unit in 4 story Secured building w/Elevator, features upgraded wall to wall carpeting, formal LR w/glass doors opening to balcony, separate DR,remodeled TS kitchen w.granite counters& pantry. Owner's suite w/walk in closet & remodeled bath w/.glass enclosure, 2nd family size BR & Remodeled hall tub BA, huge storage closet, walk to Montgomery Mall & Express Bus to Downtown!

Last Agent to Sell the Property

Maryanne Fiorita

Long & Foster Real Estate, Inc. License #SP00011683 Listed on: 01/23/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Susan Hollander

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1975 | Remodeled in 2008

Lot Details

  • Backs To Open Common Area
  • Cul-De-Sac
  • Property is in very good condition

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,276 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Views of Woods
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001700113

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water, cable TV
  • Low-Rise Condominium
  • Westlake Park Subdivision, Spacious And Sun Filled Floorplan
  • West Lake Park Condomin Community
  • The community has rules related to alterations or architectural changes
  • Community Lake

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,100

Year Built

Built in 1975 | Remodeled in 2008

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice,Furniture Conveys
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Year Renovated: 2008
  • Remarks Public: Beautiful & spacious end unit in 4 story Secured building w/Elevator, features upgraded wall to wall carpeting, formal LR w/glass doors opening to balcony, separate DR,remodeled TS kitchen w.granite counters& pantry. Owner's suite w/walk in closet & remodeled bath w/.glass enclosure, 2nd family size BR & Remodeled hall tub BA, huge storage closet, walk to Montgomery Mall & Express Bus to Downtown!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Icemaker, Intercom, Refrigerator, Stove, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Double Pane, Vinyl Clad, Insulated, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 262.54
  • 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
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage, Street Lights, Tennis Court(s)
  • Pool Features: In Ground
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 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: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Jog/Walk Path, Lake, Library, Meeting Room, Pool - Outdoor, Party Room, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Cable Tv
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Lot Features: Cul-De-Sac, Backs - Open Common Area
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986766
  • Tax Annual Amount: 3099.62
  • Assessor Parcel Number: 161001700113
  • Tax Total Finished Sq Ft: 1276
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/02/2014

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
Feb 28, 2014
Sold by
Mckeehan Christopher S
Bought by
Schrieber Sarah
Seller's Agent
Maryanne Fiorita
Long & Foster Real Estate, Inc.
Buyer's Agent
Susan Hollander
Long & Foster Real Estate, Inc.
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$377,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,560
Avg. Annual Appreciation
1.05%
Original Mortgage
$268,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Marcus Marvin
Bought by
Mckeehan Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,900
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schrieber Sarah $335,000 Title Resources Guaranty Co
Mckeehan Christopher S $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrieber Sarah J $240,500
Closed Schrieber Sarah $268,000
Previous Owner Mckeehan Christopher S $28,755
Previous Owner Mckeehan Christopher S $239,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2014 03/02/14 Sold $335,000 0.0% $263 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $335,000 -- $263 / 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 $2,746 $291,667 $0 $0
2022 $2,337 $290,000 $87,000 $203,000
2021 $2,540 $286,667 $0 $0
2020 $5,002 $283,333 $0 $0
2019 $2,442 $280,000 $84,000 $196,000
2018 $2,410 $276,667 $0 $0
2017 $2,457 $273,333 $0 $0
2016 $2,235 $270,000 $0 $0
2015 $2,235 $270,000 $0 $0
2014 $2,235 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002808330

Bright MLS

APN: 10-01700113