NOT LISTED FOR SALE

7512 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $217,000 - $251,000

1 Bed
1 Bath
660 Sq Ft
$341/mo HOA Fee

Last Sold November 30, 2020

Last sale price $209,000 $317 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,828/month

2 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Main Floor Bedroom
  • Ashburton Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of November 2020

This Jr. 1 bedroom, 1 bath is a Hidden Gem with its Custom Renovation and Spacious Patio located in a coveted & rarely available setting. Enjoy the Fully Equipped Open Kitchen with Wood Cabinets, Generously sized Center Island, Granite Counter-tops, Gas Range, Refrigerator with Ice-maker, Microwave, Dishwasher and Large Pantry. The Living Area is drenched with Natural Light with its Floor-to-Ceiling Windows and access to the Enchanting Exterior/Patio. The Pocket Door entrance to the Bedroom Area which includes a Walk-in Closet creates a Feng shui effect. Custom Lighting & Gorgeous Wood Floors throughout add to this Beautiful Oasis with a Private Entrance that feels more like a house than a condo. Wonderful on-site management, Parking, Extra Storage, Pool, & Pet Friendly Community. Close to Balducci's, Westfield's Montgomery Mall, Home Depot, Restaurants, Movie Theaters, and quick access to i495 and i270. More surprises await your arrival!

Last Agent to Sell the Property

Annette Wagner

Centurion Properties License #BR98360796 Listed on: 10/23/2020

Last Buyer's Agent

Flo Agola

Samson Properties License #0225216787

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1960 | Remodeled in 2015

Lot Details

  • 1,263

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 660 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Area
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

  • 1 Off-Street Space
  • Parking Permit Included
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161001650462

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, heat, management, parking fee, pool(s), reserve funds, road maintenance, snow removal, sewer, water
  • Low-Rise Condominium
  • Spring Lake Condos, Phone Number (301) 365-0600
  • Spring Lake Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,920

Year Built

Built in 1960 | Remodeled in 2015

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-23
  • Federal Flood Zone: No
  • Year Built: 1960
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This Jr. 1 bedroom, 1 bath is a Hidden Gem with its Custom Renovation and Spacious Patio located in a coveted & rarely available setting. Enjoy the Fully Equipped Open Kitchen with Wood Cabinets, Generously sized Center Island, Granite Counter-tops, Gas Range, Refrigerator with Ice-maker, Microwave, Dishwasher and Large Pantry. The Living Area is drenched with Natural Light with its Floor-to-Ceiling Windows and access to the Enchanting Exterior/Patio. The Pocket Door entrance to the Bedroom Area which includes a Walk-in Closet creates a Feng shui effect. Custom Lighting & Gorgeous Wood Floors throughout add to this Beautiful Oasis with a Private Entrance that feels more like a house than a condo. Wonderful on-site management, Parking, Extra Storage, Pool, & Pet Friendly Community. Close to Balducci's, Westfield's Montgomery Mall, Home Depot, Restaurants, Movie Theaters, and quick access to i495 and i270. More surprises await your arrival!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Storage Room, Bathroom 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 660
  • Living Area Sq Ft: 660
  • Price Per Sq Ft: 318.03
  • Above Grade Finished Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7512

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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
  • Exterior Features: Exterior Lighting, Sidewalks, Secure Storage
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Permit Included, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 49
  • Previous Twelve Months Electric Expense: 588.00
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 341.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Spring Lake
  • Condo Co-Op Phone: 3013650600
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Heat, Management, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Sewer, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 119000.00
  • Land Assessed Value: 51000.00
  • Land Use Code: 011
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13986435
  • Tax Annual Amount: 1920.00
  • Assessor Parcel Number: 161001650462
  • Tax Total Finished Sq Ft: 660
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 30, 2020
Sold by
Peterson Jay A and Peterson Aniko
Bought by
Muhuthia Naomi Wakarima
Seller's Agent
Annette Wagner
Centurion Properties
Buyer's Agent
Flo Agola
Samson Properties
List Price
$209,900
Sold Price
$209,000
Premium/Discount to List
-$900
-0.43%
Current Estimated Value
$239,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,240
Avg. Annual Appreciation
2.95%
Original Mortgage
$202,730
Outstanding Balance
$180,905
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$58,892

Purchase Details

Closed on
Oct 27, 2017
Sold by
Peterson Jay A
Bought by
Peterson Jay A and Peterson Aniko

Purchase Details

Listed on
Dec 5, 2015
Closed on
Mar 22, 2016
Sold by
Lopez Rafael E and Vasquez Natalia M
Bought by
Peterson Jay A
Seller's Agent
Sarah Toppins
Long & Foster Real Estate, Inc.
Buyer's Agent
Annette Wagner
Centurion Properties
List Price
$199,000
Sold Price
$189,500
Premium/Discount to List
-$9,500
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$17,055
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Moody Paul E
Bought by
Lopez Rafael E and Vasquez Natalia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Moody Paul E
Bought by
Lopez Rafael E and Vasquez Natalia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Muhuthia Naomi Wakarima $209,000 Peak Settlements Llc
Peterson Jay A -- None Available
Peterson Jay A $189,500 Commonwealth Land Title Insu
Lopez Rafael E $97,500 --
Lopez Rafael E $97,500 --
Lopez Rafael E $97,500 --
Lopez Rafael E $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhuthia Naomi Wakarima $202,730
Previous Owner Peterson Jay A $17,055
Previous Owner Lopez Rafael E $78,000
Previous Owner Lopez Rafael E $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $209,000 -0.4% $317 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $209,900 +10.8% $318 / Sq Ft
03/22/2016 03/22/16 Sold $189,500 0.0% $287 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
01/29/2016 01/29/16 Price Changed $189,500 -2.6% $287 / Sq Ft
01/04/2016 01/04/16 Price Changed $194,500 -2.3% $295 / Sq Ft
12/05/2015 12/05/15 For Sale $199,000 0.0% $302 / Sq Ft
06/21/2014 06/21/14 Rented $1,350 0.0% --
06/20/2014 06/20/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $1,350 -- --
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 $2,192 $190,000 $57,000 $133,000
2024 $2,192 $185,000 $0 $0
2023 $1,440 $180,000 $0 $0
2022 $1,295 $175,000 $52,500 $122,500
2021 $1,272 $173,333 $0 $0
2020 $1,944 $171,667 $0 $0
2019 $1,921 $170,000 $51,000 $119,000
2018 $1,887 $166,667 $0 $0
2017 $1,884 $163,333 $0 $0
2016 -- $160,000 $0 $0
2015 -- $160,000 $0 $0
2014 -- $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC730666

Bright MLS

APN: 10-01650462