NOT LISTED FOR SALE

7523 Spring Lake Dr Unit D1 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $257,000 - $333,000

2 Beds
2 Baths
966 Sq Ft
1,960 Sq Ft Lot

Sale Details

Date Sold: June 4, 2021

Last sale price $261,000 $270 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,412 / mo

4 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Community Pool
  • Sliding Doors
  • Ashburton Elementary School Rated A
  • Community Center
  • Outdoor Storage

About This Home

As of June 2021

This top floor 2br and 2ba unit is located in a prime location within the Spring Lake community. The unit has nice sized rooms and wonderful natural light with large windows across the front and back of the unit. Buyers will enjoy the large private front balcony and another back balcony off the main bedroom. Both balconies have nice views of this treed community. This floor plan is very flexible and can be done as an open concept plan or can be easily updated in its current configuration. Attention investors - 2br 2ba units are easy to rent Spring Lake community is super convenient to Westfield Montgomery Mall, Cabin John Park, restaurants and has quick access to 495 & 270. Spring Lake is a pet friendly community that offers easy parking, an outdoor pool, picnic area, playground, community garden and a car wash station. Condo fee includes gas, water, pool, snow removal, trash removal and community amenities. Electric is separate. Laundry is located on the lower level of the unit building. This home comes with a storage unit located on the laundry level.

Last Agent to Sell the Property

Steve Schuck

(301) 298-1001 SchuckGroup@lnf.com Compass License #86098 Listed on: 04/21/2021

Compass

Last Buyer's Agent

Carla Jones

(301) 441-1100 trademarkvmail@gmail.com Trademark Realty, Inc License #602957

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1960

Lot Details

  • Two or More Common Walls
  • Property is in good condition

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 966 Sq Ft Home
  • Property has 1 Level
  • Sliding Doors
  • Carpet

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Playground
  • Play Equipment

Schools

  • Ashburton Elementary School
  • North Bethesda Middle School
  • Walter Johnson High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001650861

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, pool(s), reserve funds, recreation facility, sewer, snow removal, trash, water, gas
  • Low-Rise Community
  • Pringlake Condos, Phone Number (301) 365-0600
  • Springlake Subdivision

Amenities

  • Community Center
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,471

Year Built

Built in 1960

Lot Details

1,960 Sq Ft Lot

HOA Fees

$520 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Mid-Century Modern
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-04-22
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 258.80
  • Above Grade Finished Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Play Area, Play Equipment, Secure Storage, Sidewalks, Street Lights, Tennis Court(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 520.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Pringlake
  • Condo Co-Op Phone: 301-365-0600
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Community Center, Extra Storage
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Pool(s), Reserve Funds, Recreation Facility, Sewer, Snow Removal, Trash, Water, Gas
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 157500.00
  • Land Assessed Value: 67500.00
  • Property Condition: Good
  • Zoning: U
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13986472
  • Tax Annual Amount: 2471.00
  • Assessor Parcel Number: 161001650861
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2025
Sold by
Tassew Tsege George
Bought by
Tsege Tassew Living Trust and Tassew
Current Estimated Value
$303,148

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 4, 2021
Sold by
London Monica E and London Robert E
Bought by
Tassew Tsege George
Seller's Agent
Steve Schuck
Compass
Buyer's Agent
Carla Jones
Trademark Realty, Inc
List Price
$250,000
Sold Price
$261,000
Premium/Discount to List
$11,000
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$208,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2003
Sold by
Goldberg Monica E
Bought by
London Monica E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tsege Tassew Living Trust -- Elite Settlements
Tassew Tsege George $261,000 Jacquies Title Group
London Monica E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tassew Tsege George $208,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $261,000 +4.4% $270 / Sq Ft
04/21/2021 04/21/21 For Sale $250,000 -- $259 / Sq Ft
Source: Bright MLS

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 $3,113 $285,000 $85,500 $199,500
2024 $3,113 $265,000 $0 $0
2023 $3,573 $245,000 $0 $0
2022 $1,846 $225,000 $67,500 $157,500
2021 $1,258 $223,333 $0 $0
2020 $0 $221,667 $0 $0
2019 $2,472 $220,000 $66,000 $154,000
2018 $2,430 $220,000 $66,000 $154,000
2017 $2,574 $220,000 $0 $0
2016 $2,392 $220,000 $0 $0
2015 $2,392 $220,000 $0 $0
2014 $2,392 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750666

Bright MLS

APN: 10-01650861

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