NOT LISTED FOR SALE

7533 Spring Lake Dr Unit D1 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $293,000 - $313,154

2 Beds
2 Baths
922 Sq Ft
$482/mo HOA Fee

Last Sold January 26, 2018

Last sale price $219,000 $238 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,449/month

29 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Galley Kitchen
  • Ashburton Elementary School Rated A
  • Traditional Floor Plan
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Welcome to the high life! Suburban living at its finest: just around the corner to shopping, restaurants, 270/495, and parks, yet appealing to those claustrophobic of downtown. Generous space and yet homely feel w/wonderful views. Kitchen updated, new carpet, great condition. Affordable and aggressive price will mean limited time on the market. Would love to work with you!

Last Agent to Sell the Property

Brian Gormley

Cornerstone Properties and Financial Services LLC Listed on: 12/08/2017

Last Buyer's Agent

Ben Zhuang

Samson Properties License #664296

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1960

Lot Details

  • No Units Above

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Association fees include gas
  • Low-Rise Condominium
  • Spring Lake Condominium Community
  • Springlake Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 161001651216

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,574

Year Built

Built in 1960

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Remarks Public: Welcome to the high life! Suburban living at its finest: just around the corner to shopping, restaurants, 270/495, and parks, yet appealing to those claustrophobic of downtown. Generous space and yet homely feel w/wonderful views. Kitchen updated, new carpet, great condition. Affordable and aggressive price will mean limited time on the market. Would love to work with you!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: No One Above
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 244.03
  • Above Grade Finished Sq Ft: 922
  • 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
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Gas
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 154000.00
  • Land Assessed Value: 66000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986505
  • Tax Annual Amount: 2573.81
  • Assessor Parcel Number: 161001651216
  • Tax Total Finished Sq Ft: 966
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/26/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Gong Rui and Abramson Daniel
Bought by
Nikitina Tatiana V
Current Estimated Value
$311,956

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jan 26, 2018
Sold by
Wessenyeleh Ruga and Estate Of Michael Molla
Bought by
Gong Rui
Seller's Agent
Brian Gormley
Cornerstone Properties and Financial Services LLC
Buyer's Agent
Ben Zhuang
Samson Properties
List Price
$225,000
Sold Price
$219,000
Premium/Discount to List
-$6,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Apr 10, 1995
Sold by
Hud Housing Urban Development
Bought by
Tellemariam Molla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
8.66%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Te Friedman Alvin E
Bought by
Hud Housing Urban Development
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
Nikitina Tatiana V $290,000 Old Republic National Title In
Gong Rui $219,000 None Available
Tellemariam Molla $80,231 --
Hud Housing Urban Development $110,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hud Housing Urban Development $77,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $219,000 -2.7% $238 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $225,000 -- $244 / 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 $2,189 $245,000 $0 $0
2022 $1,846 $225,000 $67,500 $157,500
2021 $1,823 $223,333 $0 $0
2020 $1,804 $221,667 $0 $0
2019 $3,560 $220,000 $66,000 $154,000
2018 $1,784 $220,000 $66,000 $154,000
2017 $1,882 $220,000 $0 $0
2016 -- $220,000 $0 $0
2015 $1,344 $220,000 $0 $0
2014 $1,344 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004290205

Bright MLS

APN: 10-01651216