NOT LISTED FOR SALE

7511 Spring Lake Dr Unit C2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $284,000 - $313,000

2 Beds
1 Bath
922 Sq Ft
$433/mo HOA Fee

Last Sold August 30, 2013

Last sale price $235,000 $255 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,296/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Wood Flooring
  • Ashburton Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of August 2013

Charming, beautifully updated with a romantic front porch, spacious living and dining room, custom designed built-ins, spacious kitchen w/pass-thru to the dining room, updated bath, master bedroom with private balcony and park views. Wood floors. Pkg. Community pool, garden plot. Pet friendly. FHA approved. Minutes to shops, restaurants, movie theaters, Cabin John Park, 270 and 495.

Last Agent to Sell the Property

Pamela Ryan-Brye

Compass License #0225202737 Listed on: 07/26/2013

Compass

Last Buyer's Agent

Lisa Ma

UnionPlus Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001650438

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, reserve funds, pool(s), sewer, snow removal, trash, water, laundry
  • Low-Rise Condominium
  • Spring Lake Community

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,383

Year Built

Built in 1975

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Oven/Range - Gas
  • Interior Amenities: Built-Ins, Upgraded Countertops, Wood Floors, Crown Moldings, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 248.37
  • Above Grade Finished Sq Ft: 922
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Construction Completed: No
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 433.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground, Extra Storage, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Reserve Funds, Pool(s), Sewer, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986432
  • Tax Annual Amount: 2382.64
  • Assessor Parcel Number: 161001650438
  • Tax Total Finished Sq Ft: 922
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 30, 2013
Sold by
Bruen Michael J
Bought by
Huynh Binh and Ly Thieu
Seller's Agent
Pamela Ryan-Brye
Compass
Buyer's Agent
Lisa Ma
UnionPlus Realty, Inc.
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Current Estimated Value
$297,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,325
Avg. Annual Appreciation
2.06%
Original Mortgage
$188,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Bruen Michael Joseph
Bought by
Bruen Michael J

Purchase Details

Closed on
Feb 11, 2002
Sold by
Gleim Thomas W
Bought by
Bruen Michael Joseph and Pamela Hamiltom
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
Huynh Binh $235,000 First American Title Ins Co
Bruen Michael J -- --
Bruen Michael Joseph $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Binh $177,600
Closed Huynh Binh $188,000
Previous Owner Bruen Michael J $122,350
Previous Owner Bruen Michael J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $235,000 +2.6% $255 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $229,000 -- $248 / 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 $2,921 $265,000 $79,500 $185,500
2024 $2,921 $248,333 $0 $0
2023 $3,419 $231,667 $0 $0
2022 $1,733 $215,000 $64,500 $150,500
2021 $1,713 $213,333 $0 $0
2020 $1,693 $211,667 $0 $0
2019 $1,670 $210,000 $63,000 $147,000
2018 $1,711 $210,000 $63,000 $147,000
2017 $1,767 $210,000 $0 $0
2016 -- $210,000 $0 $0
2015 $1,347 $210,000 $0 $0
2014 $1,347 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003642114

Bright MLS

APN: 10-01650438