NOT LISTED FOR SALE

7508 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $314,000 - $357,000

2 Beds
1 Bath
1,316 Sq Ft
$550/mo HOA Fee

Last Sold February 07, 2020

Last sale price $245,000 $186 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,654/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Ashburton Elementary School Rated A
  • Community Playground

About This Home

As of February 2020

This home is located at 7508 Spring Lake Dr Unit A, Bethesda, MD 20817 since 20 January 2020 and is currently estimated at $336,806, approximately $255 per square foot. This property was built in 1960. 7508 Spring Lake Dr Unit A is a home located in Montgomery County with nearby schools including Ashburton Elementary School, North Bethesda Middle School, and Walter Johnson High School.

Last Agent to Sell the Property

Alex Martinez

The Agency DC License #BR98379367 Listed on: 01/20/2020

The Agency DC

Co-Listed By

Mario Banegas

Taylor Properties License #652940

Last Buyer's Agent

Fred Malek

Spring Hill Real Estate, LLC. License #623521

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1960

Lot Details

  • 2,134

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,316 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot AKE
  • Assessor Parcel Number 161001650325

Community Details

Overview

  • Association fees include lawn maintenance, common area maintenance, custodial services maintenance, exterior building maintenance, snow removal, trash, gas, water
  • Low-Rise Condominium
  • Springlake Subdivision

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,582

Year Built

Built in 1960

Lot Details

0

HOA Fees

$550 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: 1960
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1316
  • Living Area Sq Ft: 1316
  • Price Per Sq Ft: 182.37
  • Above Grade Finished Sq Ft: 1316
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7508

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 550.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Snow Removal, Trash, Gas, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986421
  • Tax Annual Amount: 2582.00
  • Assessor Parcel Number: 161001650325
  • Tax Lot: AKE
  • Tax Total Finished Sq Ft: 1316
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/07/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 7, 2020
Sold by
Flaherty Janet Dunnett
Bought by
Samany Pezhman Ghatreh
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Fred Malek
Spring Hill Real Estate, LLC.
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Current Estimated Value
$336,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,806
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Shapar Elizabeth A
Bought by
Flaherty Janet D

Purchase Details

Closed on
Apr 24, 1995
Sold by
Bittner Margaret
Bought by
Shapar Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
8.55%

Purchase Details

Closed on
Dec 8, 1993
Sold by
Davis M O
Bought by
Bittner M
Source: Public Records

Range of Values:

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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
Samany Pezhman Ghatreh $245,000 Covenant T&E Llc
Flaherty Janet D $265,000 --
Shapar Elizabeth A $75,500 --
Bittner M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flaherty Janet Dunnett $175,000
Previous Owner Bittner M $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $245,000 +2.1% $186 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $240,000 -- $182 / 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 $3,228 $295,000 $88,500 $206,500
2024 $3,228 $275,000 $0 $0
2023 $0 $255,000 $0 $0
2022 $1,957 $235,000 $70,500 $164,500
2021 $1,934 $233,333 $0 $0
2020 $1,914 $231,667 $0 $0
2019 $3,781 $230,000 $69,000 $161,000
2018 $1,895 $230,000 $69,000 $161,000
2017 $1,997 $230,000 $0 $0
2016 -- $230,000 $0 $0
2015 $1,903 $230,000 $0 $0
2014 $1,903 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Martinez

    Seller's Agent in 2020

    Alex Martinez

    The Agency DC

    (240) 258-2668

    1 in this area

    1,108 Total Sales

    Alex Martinez
    Section Image
  • Mario Banegas

    Seller Co-Listing Agent in 2020

    Mario Banegas

    Taylor Properties

    (240) 441-4673

    187 Total Sales

    Mario Banegas
    Section Image

  • F

    Buyer's Agent in 2020

    Fred Malek

    Spring Hill Real Estate, LLC.

    (703) 400-0214

    57 Total Sales

    Fred Malek
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC692844

Bright MLS

APN: 10-01650325

Maryland Montgomery County Bethesda 20817 West Bethesda

7508 Spring Lake Dr Unit A, Bethesda, MD

This home is located at 7508 Spring Lake Dr Unit A, Bethesda, MD 20817 since 20 January 2020 and is currently estimated at $336,806, approximately $255 per square foot. This property was built in 1960. 7508 Spring Lake Dr Unit A 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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