NOT LISTED FOR SALE

7529 Spring Lake Dr Unit B2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $231,000 - $291,000

1 Bed
1 Bath
756 Sq Ft
$404/mo HOA Fee

Last Sold August 11, 2020

Last sale price $226,000 $299 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,014/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Community Pool
  • Ashburton Elementary School Rated A
  • Combination Kitchen and Living
  • Stainless Steel Appliances

About This Home

As of August 2020

Beautifully renovated one bedroom/one bath unit with open floor plan. This tasteful, move-in ready unit, shows as new with many updated features that include; new flooring, crown molding and base trim, recessed lighting, new doors, large kitchen Island with breakfast bar, new white cabinets with granite counter tops, new stainless steel appliances and fixtures. The spacious bedroom with balcony overlooking Cabin John Park, easily accommodates a king size bed and has a custom walk-in closet. The bathroom has been recently updated with a new vanity and fixtures and features white subway tile bath and lovely grey tiled flooring. HVAC '19 The Spring Lake community is conveniently located to I-270, bus routes, within walking distance to Montgomery Mall and backs to Cabin John Park. This quiet community is pet friendly and features a pool, playground, private garden plots, barbecue/picnic area, car wash station, plenty of parking and onsite management office. This lovely condo is a MUST SEE in your search!!!

Last Agent to Sell the Property

Rebecca Plesset

Long & Foster Real Estate, Inc. Listed on: 07/10/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marshall Henderson

HomeBuyer Brokerage License #SP98357698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1960

Lot Details

  • Property is in excellent condition

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Six Panel Doors
  • Combination Kitchen and Living
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001651045

Community Details

Overview

  • Association fees include common area maintenance, gas, heat, management, pool(s), reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Spring Lake Condominium Condos
  • Spring Lake Garden Condominium Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,030

Year Built

Built in 1960

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-10
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully renovated one bedroom/one bath unit with open floor plan. This tasteful, move-in ready unit, shows as new with many updated features that include; new flooring, crown molding and base trim, recessed lighting, new doors, large kitchen Island with breakfast bar, new white cabinets with granite counter tops, new stainless steel appliances and fixtures. The spacious bedroom with balcony overlooking Cabin John Park, easily accommodates a king size bed and has a custom walk-in closet. The bathroom has been recently updated with a new vanity and fixtures and features white subway tile bath and lovely grey tiled flooring. HVAC '19 The Spring Lake community is conveniently located to I-270, bus routes, within walking distance to Montgomery Mall and backs to Cabin John Park. This quiet community is pet friendly and features a pool, playground, private garden plots, barbecue/picnic area, car wash station, plenty of parking and onsite management office. This lovely condo is a MUST SEE in your search!!!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Carpet, Combination Kitchen/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Window Treatments, Wood Floors
  • Window Features: Screens, Sliding
  • Door Features: Six Panel
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 290.87
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7529

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
  • 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: 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: 404.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Spring Lake Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Heat, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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: 129500.00
  • Land Assessed Value: 55500.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13986488
  • Tax Annual Amount: 2030.00
  • Assessor Parcel Number: 161001651045
  • Tax Total Finished Sq Ft: 756
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/11/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 11, 2020
Sold by
Reynolds Kenneth R and Zummo Marguerite R
Bought by
Mao Beatrice
Seller's Agent
Rebecca Plesset
Long & Foster Real Estate, Inc.
Buyer's Agent
Marshall Henderson
HomeBuyer Brokerage
List Price
$219,900
Sold Price
$226,000
Premium/Discount to List
$6,100
2.77%
Current Estimated Value
$258,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,491
Avg. Annual Appreciation
3.08%
Original Mortgage
$214,700
Outstanding Balance
$192,160
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$70,829

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 27, 2017
Sold by
Thorton David Andrew
Bought by
Reynolds Kenneth R and Zummo Marguerite R
Seller's Agent
Dan Goldstein
Keller Williams Capital Properties
Buyer's Agent
Rebecca Plesset
Long & Foster Real Estate, Inc.
List Price
$186,000
Sold Price
$179,900
Premium/Discount to List
-$6,100
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jul 10, 2015
Sold by
Bernstein Joseph S and Hardin Jamie L
Bought by
Thornton David Andrew
Seller's Agent
Michael Hope
Spring Hill Real Estate, LLC.
Buyer's Agent
MARLENE SMITH
Long & Foster Real Estate, Inc.
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Original Mortgage
$171,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2008
Sold by
Winston Michael
Bought by
Bernstein Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,832
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2008
Sold by
Winston Michael
Bought by
Bernstein Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,832
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1998
Sold by
Johns Nicholas K and Johns N Johns E
Bought by
Winston Michael
Source: Public Records

Range of Values:

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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
Mao Beatrice $226,000 Closeline Settlements
Reynolds Kenneth R $179,900 Rgs Title Llc
Thornton David Andrew $180,000 Rgs Title Llc
Bernstein Joseph S $205,000 --
Bernstein Joseph S $205,000 --
Winston Michael $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Beatrice $214,700
Previous Owner Thornton David Andrew $171,000
Previous Owner Bernstein Joseph S $191,387
Previous Owner Bernstein Joseph S $201,832
Previous Owner Bernstein Joseph S $201,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $226,000 +2.8% $299 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $219,900 +22.2% $291 / Sq Ft
12/27/2017 12/27/17 Sold $179,900 -3.3% $238 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/12/2017 11/12/17 For Sale $186,000 +3.4% $246 / Sq Ft
10/31/2017 10/31/17 Off Market $179,900 -- --
10/31/2017 10/31/17 For Sale $186,000 +3.3% $246 / Sq Ft
07/10/2015 07/10/15 Sold $180,000 -5.2% $238 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $189,900 -- $251 / 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
2024 $2,345 $198,333 $0 $0
2023 $1,574 $191,667 $0 $0
2022 $1,405 $185,000 $55,500 $129,500
2021 $1,381 $183,333 $0 $0
2020 $1,027 $181,667 $0 $0
2019 $2,031 $180,000 $54,000 $126,000
2018 $1,988 $180,000 $54,000 $126,000
2017 $1,422 $180,000 $0 $0
2016 $1,271 $180,000 $0 $0
2015 $1,271 $180,000 $0 $0
2014 $1,271 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC715276

Bright MLS

APN: 10-01651045