NOT LISTED FOR SALE

7505 Spring Lake Dr Unit B1 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $355,000 - $394,826

3 Beds
2 Baths
1,399 Sq Ft
$620/mo HOA Fee

Last Sold August 14, 2015

Last sale price $325,000 $232 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,006/month

36 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Community Pool
  • Ashburton Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of August 2015

Price reduced $35k! Largest model 3 BR plus den, 2 full baths, freshly painted throughout, recent updates to both bathrooms, new carpeting in bedrooms, parquet flooring Lr/Dr/Dn, balcony off master BR, ground level at front with patio, one level off ground at back. Condo fee includes heat & utilities except electric. Close to Westfield/Montgomery Mall, easy access to 270 & 495.

Last Agent to Sell the Property

Howard Tate

RE/MAX Premiere Selections License #0225042450 Listed on: 06/05/2015

RE/MAX Premiere Selections

Last Buyer's Agent

Brian Schenker

Samson Properties License #584103

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,399 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001650198

Community Details

Overview

  • Association fees include gas, heat, lawn maintenance, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, common area maintenance
  • Low-Rise Condominium
  • Springlake Community
  • Springlake Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,177

Year Built

Built in 1975

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Remarks Public: Price reduced $35k! Largest model 3 BR plus den, 2 full baths, freshly painted throughout, recent updates to both bathrooms, new carpeting in bedrooms, parquet flooring Lr/Dr/Dn, balcony off master BR, ground level at front with patio, one level off ground at back. Condo fee includes heat & utilities except electric. Close to Westfield/Montgomery Mall, easy access to 270 & 495.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
  • Interior Amenities: Dining Area, Kitchen - Table Space, Built-Ins, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Terrace
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Study
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1399
  • Living Area Sq Ft: 1399
  • Price Per Sq Ft: 232.31
  • Above Grade Finished Sq Ft: 1399
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7505

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: Combination, Brick
  • Pool Private: No
  • 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: Off Street

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 620.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Storage Bin, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 196000.00
  • Land Assessed Value: 84000.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986409
  • Tax Annual Amount: 3177.01
  • Assessor Parcel Number: 161001650198
  • Tax Total Finished Sq Ft: 1399
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 08/14/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 13, 2015
Sold by
Cortese Rebecca R
Bought by
Castro Marcelo Adrian and Cillis Analia Nilda
Seller's Agent
Howard Tate
RE/MAX Premiere Selections
Buyer's Agent
Brian Schenker
Samson Properties
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%
Current Estimated Value
$377,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,957
Avg. Annual Appreciation
1.48%
Original Mortgage
$308,750
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Castro Marcelo Adrian $325,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Marcelo Adrian $261,476
Closed Castro Marcelo Adrian $272,500
Closed Castro Marcelo Adrian $308,750
Previous Owner Ramos Esther C $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $325,000 0.0% $232 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $325,000 +1.6% $232 / Sq Ft
06/25/2015 06/25/15 Price Changed $319,900 -11.1% $229 / Sq Ft
06/05/2015 06/05/15 For Sale $359,900 -- $257 / 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 $3,919 $350,000 $105,000 $245,000
2024 $3,919 $335,000 $0 $0
2023 $3,053 $320,000 $0 $0
2022 $2,458 $305,000 $91,500 $213,500
2021 $5,411 $303,333 $0 $0
2020 $5,324 $301,667 $0 $0
2019 $5,324 $300,000 $90,000 $210,000
2018 $3,240 $293,333 $0 $0
2017 $2,572 $286,667 $0 $0
2016 -- $280,000 $0 $0
2015 $1,556 $280,000 $0 $0
2014 $1,556 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Howard Tate

    Seller's Agent in 2015

    Howard Tate

    RE/MAX

    (240) 350-7700

    5 Total Sales

    Howard Tate
    Section Image
  • Brian Schenker

    Buyer's Agent in 2015

    Brian Schenker

    Samson Properties

    (240) 643-5299

    22 Total Sales

    Brian Schenker
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002339737

Bright MLS

APN: 10-01650198

Maryland Montgomery County Bethesda 20817 West Bethesda

7505 Spring Lake Dr Unit B1, Bethesda, MD

This home is located at 7505 Spring Lake Dr Unit B1, Bethesda, MD 20817 since 05 June 2015 and is currently estimated at $377,957, approximately $270 per square foot. This property was built in 1975. 7505 Spring Lake Dr Unit B1 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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