NOT LISTED FOR SALE

7533 Spring Lake Dr Unit C2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $308,000 - $314,000

2 Beds
2 Baths
966 Sq Ft
$447/mo HOA Fee

Last Sold May 24, 2013

Last sale price $229,000 $237 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,425/month

5 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Pool
  • Ashburton Elementary School Rated A
  • Upgraded Countertops
  • Tennis Courts

About This Home

As of May 2013

Super cute condo, wonderfully renovated and and open floor plan for great flow. Walter Johnson schools cluster and so close to shopping and transportation. Two large balconies allow for outdoor entertaining and a peaceful view. Location in the building is ideal since it's just steps from the parking lot.

Last Agent to Sell the Property

Josette Skilling

Evers & Co. Real Estate, A Long & Foster Company Listed on: 04/11/2013

Last Buyer's Agent

Samer Kuraishi

Samson Properties License #BR98376258

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1975

Lot Details

  • 1,960

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • Surface Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 966 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001651205

Community Details

Overview

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

Amenities

  • Common Area
  • Community Center
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,494

Year Built

Built in 1975

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Remarks Public: Super cute condo, wonderfully renovated and and open floor plan for great flow. Walter Johnson schools cluster and so close to shopping and transportation. Two large balconies allow for outdoor entertaining and a peaceful view. Location in the building is ideal since it's just steps from the parking lot.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 232.92
  • Above Grade Finished Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7533

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
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface

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: 447.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Year Assessed: 2013
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2494.14
  • Assessor Parcel Number: 161001651205
  • Tax Total Finished Sq Ft: 966
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/24/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 24, 2013
Sold by
Claus Daniel W and Choi Chung Ching
Bought by
Patel Hemaxi N
Seller's Agent
Josette Skilling
Evers & Co. Real Estate, A Long & Foster Company
Buyer's Agent
Samer Kuraishi
Samson Properties
List Price
$225,000
Sold Price
$229,000
Premium/Discount to List
$4,000
1.78%
Current Estimated Value
$311,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,237
Avg. Annual Appreciation
2.54%
Original Mortgage
$211,105
Outstanding Balance
$150,785
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$160,452

Purchase Details

Closed on
Oct 3, 2006
Sold by
Brassfield Timothy James
Bought by
Concepcion Elvira P

Purchase Details

Closed on
Sep 29, 2006
Sold by
Brassfield Timothy James
Bought by
Concepcion Elvira P

Purchase Details

Closed on
Apr 21, 2006
Sold by
Heiges Dale P
Bought by
Brassfield Timothy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2006
Sold by
Heiges Dale P
Bought by
Brassfield Timothy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Hemaxi N $229,000 Stewart Title Guaranty Co
Concepcion Elvira P $310,000 --
Concepcion Elvira P $310,000 --
Brassfield Timothy James $225,000 --
Brassfield Timothy James $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hemaxi N $211,105
Previous Owner Choi Chung Ching $187,000
Previous Owner Brassfield Timothy James $180,000
Previous Owner Brassfield Timothy James $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $229,000 +1.8% $237 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $225,000 -- $233 / 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 $3,113 $265,000 $0 $0
2023 $3,573 $245,000 $0 $0
2022 $1,814 $225,000 $67,500 $157,500
2021 $3,647 $223,333 $0 $0
2020 $3,607 $221,667 $0 $0
2019 $3,560 $220,000 $66,000 $154,000
2018 $2,430 $220,000 $66,000 $154,000
2017 $1,882 $220,000 $0 $0
2016 $1,700 $220,000 $0 $0
2015 $1,700 $220,000 $0 $0
2014 $1,700 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003448050

Bright MLS

APN: 10-01651205