NOT LISTED FOR SALE

Lakeside Terrace 7505 Democracy Blvd Unit A221 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $394,000 - $436,000

3 Beds
2 Baths
1,488 Sq Ft
$915/mo HOA Fee

Last Sold September 10, 2013

Last sale price $250,000 $168 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,400/month

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Community Lake
  • Ashburton Elementary School Rated A
  • Scenic Views
  • Wooded Lot

About This Home

As of September 2013

Rarely available - Largest 3BR 2FB condo with dbl balc facing SW. WI closet in MBR. Painted, neutral carpeting cleaned, updated EIKitchen. View nature/trees.Condo fee includes all utils.Covered pkg space conveys,plenty of additional pkg avail. Enjoy outdoor pool, tennis courts, large storage on top fl. Fab convenience to DC, VA, downtown Bethesda, Rkvl, 3 airports. FHA apprvd. Exc. Value!!!

Last Agent to Sell the Property

Sybil Tash

Long & Foster Real Estate, Inc. License #MRIS:5590 Listed on: 07/09/2013

Last Buyer's Agent

Henry Oh

Fairfax Realty Premier License #584623

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1973

Lot Details

  • Southwest Facing Home
  • Landscaped
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $915 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods
  • Pasture

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,488 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Exterior Cameras

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Handicap Parking
  • Parking Space Number Location: 217
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Rented or Permit Required
  • Parking Space Conveys

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Wheelchair Height Mailbox
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot
  • Ramp on the main level

Outdoor Features

  • In Ground Pool
  • Sport Court
  • Outdoor Storage
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001593521

Community Details

Overview

  • Moving Fees Required
  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, road maintenance
  • Low-Rise Condominium
  • 3Br 2Fb + Balc, Gar
  • Lakeside Terrace Condominium Community
  • The community has rules related to moving in times, parking rules, renting
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Community Playground

Pet Policy

  • Cats Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,717

Year Built

Built in 1973

Lot Details

0

HOA Fees

$915 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Elevator, Entry Slope <1', Grab Bars Mod, Level Entry - Main, Ramp - Main Level, Wheelchair Height Mailbox
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Stove
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Entry Level Bedroom, Master Bath(s), Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Casement, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1488
  • Living Area Sq Ft: 1488
  • Price Per Sq Ft: 184.81
  • Above Grade Finished Sq Ft: 1488
  • 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
  • Construction Materials: Brick, Concrete
  • Construction Completed: No
  • Exterior Features: Play Area, Secure Storage, Sidewalks, Sport Court, Street Lights, Tennis Court(s)
  • Pool Features: In Ground
  • View: Scenic Vista, Trees/Woods, Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Rented/Permit Required, Parking Space Conveys, Garage
  • Parking Space Number Assigned: 217
  • Garage Features: Covered Parking, Additional Storage Area, Garage - Side Entry

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Exterior Cameras, Fire Detection System, Main Entrance Lock, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 915.04
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Lake, Picnic Area, Pool - Outdoor, Security, Tennis Courts, Tot Lots/Playground, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Road Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Parking, Pets - Allowed, Pets - Cats Only, Renting
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 72000.00
  • Lot Features: Landscaping, Trees/Wooded
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986159
  • Tax Annual Amount: 2717.14
  • Assessor Parcel Number: 161001593521
  • Tax Total Finished Sq Ft: 1488
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 09/10/2013

Multi Family

  • Metering: All Common

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Park Peter C $330,000
Closed Park Peter $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2013 09/10/13 Sold $250,000 -9.1% $168 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $275,000 -- $185 / 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 $3,843 $330,000 $99,000 $231,000
2024 $3,843 $330,000 $99,000 $231,000
2023 $2,989 $330,000 $99,000 $231,000
2022 $2,660 $330,000 $99,000 $231,000
2021 $5,455 $306,667 $0 $0
2020 $4,442 $283,333 $0 $0
2019 $4,442 $260,000 $78,000 $182,000
2018 $2,799 $253,333 $0 $0
2017 $2,112 $246,667 $0 $0
2016 -- $240,000 $0 $0
2015 $2,606 $240,000 $0 $0
2014 $2,606 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sybil Tash

    Long & Foster

    Section Image
  • Henry Oh

    Buyer's Agent in 2013

    Henry Oh

    Fairfax Realty Premier

    (240) 388-0220

    14 Total Sales

    Henry Oh
    Section Image
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About Lakeside Terrace

Map

Source: Bright MLS

MLS Number: 1003531680

Bright MLS

APN: 10-01593521

Maryland Montgomery County Bethesda 20817 West Bethesda

7505 Democracy Blvd Unit A221, Bethesda, MD

This home is located at 7505 Democracy Blvd Unit A221, Bethesda, MD 20817 since 09 July 2013 and is currently estimated at $406,494, approximately $273 per square foot. This property was built in 1973. 7505 Democracy Blvd Unit A221 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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