RENTED FEB 10, 2025

Lakeside Terrace 7505 Democracy Blvd Unit 128 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $326,023 - $359,000

2 Beds
2 Baths
1,220 Sq Ft
3,354 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $325,000 $266 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,047/month

Highlights

  • Colonial Architecture
  • Community Pool
  • 1 Car Attached Garage
  • Ashburton Elementary School Rated A
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Discover the perfect blend of comfort and convenience in this spacious 2-bedroom, 2-bathroom apartment at 7505 Democracy Blvd, Apt 128. This unit boasts a serene view of lush greenery, providing a peaceful retreat right from your living room. With modern amenities and a dedicated parking spot, this apartment is designed for easy living. Located in a prime area, you'll enjoy quick access to shopping, dining, and major highways. Whether you're relaxing at home or exploring the vibrant neighborhood, this apartment offers the ideal balance of tranquility and convenience. Don’t miss out on this fantastic opportunity!

Last Agent to Rent the Property

Margaret Babbington

(202) 270-7462 margaret@babbingtoninc.com Compass License #sp98368959 Listed on: 10/18/2024

Compass

Last Renter's Agent

Chandrika Hettiarachchi

(301) 204-5148 chandrika@taylorhomes.info Keller Williams Capital Properties License #SP98364922

Keller Williams Capital Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1960

Lot Details

  • Extensive Hardscape

Parking

  • 1 Car Attached Garage
  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,220 Sq Ft Home
  • Property has 1 Level
  • Dining Area
  • Carpet
  • Flood Lights

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Sport Court
  • Exterior Lighting
  • Playground

Schools

  • Walter Johnson High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,499
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/18/24
  • Assessor Parcel Number 161001593122

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include air conditioning, electricity, gas, heat, pool(s), sewer, trash, water
  • Low-Rise Condominium
  • Lakeside Ter Condos
  • Lakeside Terrace Community
  • Lakeside Terrace Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,325

Year Built

Built in 1960

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-10-18
  • Pets Allowed: No
  • Security Deposit: 2499.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Interior Amenities: Dining Area, Flat
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1220
  • Living Area Sq Ft: 1220
  • Price Per Sq Ft: 1.88
  • Above Grade Finished Sq Ft: 1220
  • 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
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Play Area, Sidewalks, Sport Court, Tennis Court(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Condo Co-Op Name: Lakeside Ter
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Heat, Pool(s), Sewer, Trash, Water
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: R30

Tax Info

  • Assessor Parcel Number: 161001593122

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Rts Residential Block 5 Llc
Bought by
Pesin Ilya and Pesin Irina
Current Estimated Value
$336,006

Purchase Details

Listed on
Jun 8, 2013
Closed on
Aug 20, 2013
Sold by
Bank Fund Staff Federal Credit Union
Bought by
Hatoum Louba and The Louba Hatoum Living Trust
Seller's Agent
Angela Sherrill
Sherrill Property Group, LLC
Buyer's Agent
Ellen Hatoum
Washington Fine Properties, LLC
List Price
$199,900
Sold Price
$193,000
Premium/Discount to List
-$6,900
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$154,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2013
Sold by
Kankanamage Ayesha Aparakka and Aparakka Kankanamage Ayesha
Bought by
Ban Fund Staff Federal Credit Union

Purchase Details

Closed on
Jun 25, 2004
Sold by
Feinberg Cohn Marcia
Bought by
Aparakk

Purchase Details

Closed on
Feb 29, 2000
Sold by
Feinberg Saul
Bought by
Feinberg Cohn Marcia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pesin Ilya -- Kvs Title Llc
Hatoum Louba $193,000 Commonwealth Land Title Ins
Ban Fund Staff Federal Credit Union $215,000 None Available
Aparakk $299,000 --
Feinberg Cohn Marcia $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatoum Louba $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Rented $2,299 0.0% --
02/10/2025 02/10/25 Under Contract -- -- --
01/04/2025 01/04/25 Price Changed $2,299 -8.0% $2 / Sq Ft
10/18/2024 10/18/24 For Rent $2,499 0.0% --
04/26/2024 04/26/24 Sold $325,000 -1.5% $266 / Sq Ft View Prior Sale
04/21/2024 04/21/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $330,000 +71.0% $270 / Sq Ft
08/20/2013 08/20/13 Sold $193,000 -3.5% $158 / Sq Ft View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $199,900 -- $164 / 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 $3,325 $285,000 $85,500 $199,500
2024 $3,325 $285,000 $85,500 $199,500
2023 $3,325 $285,000 $85,500 $199,500
2022 $2,337 $290,000 $87,000 $203,000
2021 $0 $266,667 $0 $0
2020 $2,721 $243,333 $0 $0
2019 $2,472 $220,000 $66,000 $154,000
2018 $2,357 $213,333 $0 $0
2017 $1,652 $206,667 $0 $0
2016 $2,177 $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

  • Margaret Babbington

    Landlord's Agent in 2025

    Margaret Babbington

    Compass

    (202) 270-7462

    1 in this area

    495 Total Sales

    Margaret Babbington
    Section Image
  • Chandrika Hettiarachchi

    Tenant's Agent in 2025

    Chandrika Hettiarachchi

    Keller Williams Capital Properties

    (301) 204-5148

    1 in this area

    27 Total Sales

    Chandrika Hettiarachchi
    Section Image

  • M

    Seller's Agent in 2024

    Mandy Kaur

    Redfin Corp

    Mandy Kaur
    Section Image

  • C

    Buyer's Agent in 2024

    CHAPPA CHAPPA

    American Homes Realty Group

    (240) 441-6882

    1 in this area

    5 Total Sales

    CHAPPA CHAPPA
    Section Image

  • A

    Seller's Agent in 2013

    Angela Sherrill

    Sherrill Property Group, LLC

    (703) 615-3033

    16 Total Sales

    Angela Sherrill
    Section Image
  • Ellen Hatoum

    Buyer's Agent in 2013

    Ellen Hatoum

    Washington Fine Properties, LLC

    (301) 787-8054

    35 Total Sales

    Ellen Hatoum
    Section Image
See All Agents

About Lakeside Terrace

Map

Source: Bright MLS

MLS Number: MDMC2153028

Bright MLS

APN: 10-01593122

Maryland Montgomery County Bethesda 20817 West Bethesda

7505 Democracy Blvd Unit 128, Bethesda, MD

Not Listed for Sale

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