NOT LISTED FOR SALE

7539 Spring Lake Dr Unit B2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $283,000 - $305,000

2 Beds
1 Bath
922 Sq Ft
1,830 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $217,000 $235 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,852/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Ashburton Elementary School Rated A
  • Upgraded Countertops
  • Eat-In Kitchen

About This Home

As of June 2016

Pet friendly, all utilities except elec included in rent. Refinished wood floors throughout. Renovated kitchen and bath. Free security monitoring. Lots of closet space. Front patio with lovely landscaping. Free, unassigned parking. Laundry in basement. Pool, tot lot, garden plots, paths to Cabin John walking trails. So convenient to 495, 270, shopping, restaurants, parks.

Last Agent to Rent the Property

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 03/12/2016

Long & Foster Real Estate, Inc.

Last Renter's Agent

Vivian Diamond

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1975 | Remodeled in 2016

Lot Details

  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Free Parking
  • Surface Parking
  • Unassigned Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,750
  • $50 Move-In Fee
  • Tenant pays for light bulbs/filters/fuses/alarm care, electricity
  • Rent includes common area maintenance, gas, grounds maintenance, hoa/condo fee, parking, trash removal, water, sewer
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 3/14/16
  • $40 Application Fee
  • Assessor Parcel Number 161001651386

Community Details

Overview

  • Property has a Home Owners Association
  • Moving Fees Required
  • Association fees include gas, heat, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Spring Lake Community
  • Springlake Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,921

Year Built

Built in 1975 | Remodeled in 2016

Lot Details

0

Rental Info

  • Date Available: 2016-03-14
  • Application Fee: 40.00
  • Lease Term: Other
  • Pets: Case By Case Basis, Size/Weight Restriction
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Gas, Grounds Maintenance, Hoa/Condo Fee, Parking, Trash Removal, Water, Sewer
  • Security Deposit: 1750.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Light Bulbs/Filters/Fuses/Alarm Care, Electricity
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 1
  • Move In Fee: 50.00

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Year Renovated: 2016
  • Remarks Public: Pet friendly, all utilities except elec included in rent. Refinished wood floors throughout. Renovated kitchen and bath. Free security monitoring. Lots of closet space. Front patio with lovely landscaping. Free, unassigned parking. Laundry in basement. Pool, tot lot, garden plots, paths to Cabin John walking trails. So convenient to 495, 270, shopping, restaurants, parks.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove
  • Interior Amenities: Dining Area, Kitchen - Table Space, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 1.82
  • Above Grade Finished Sq Ft: 922
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7539

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Unassigned, Surface

Utilities

  • 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
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities, Picnic Area, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ASHBURTON
  • Middle School: NORTH BETHESDA
  • High School: WALTER JOHNSON
  • School District Key: 121138126809
  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 13986520
  • Assessor Parcel Number: 161001651386
  • Tax Total Finished Sq Ft: 922
  • Close Date: 06/19/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Young Jeffrey B and Young Norma J
Bought by
Young Jeffrey B and Young Norma J
Current Estimated Value
$295,292

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 30, 2015
Sold by
Pino Andres and Pino Nancy
Bought by
Young Jeffrey B and Young Norma J
Seller's Agent
Martha Chacon
Trademark Realty, Inc
Buyer's Agent
Fran Baker
Washington Fine Properties, LLC
List Price
$230,000
Sold Price
$217,000
Premium/Discount to List
-$13,000
-5.65%

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
$140,000
Outstanding Balance
$110,452
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$184,662

Purchase Details

Closed on
Jun 15, 1988
Bought by
Pino Andres and Pino N
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
Young Jeffrey B -- None Available
Young Jeffrey B $216,000 Fidelity Natl Title Ins Co
Pino Andres $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Jeffrey B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2016 06/19/16 Rented $1,675 -4.3% --
06/15/2016 06/15/16 Under Contract -- -- --
03/12/2016 03/12/16 For Rent $1,750 0.0% --
09/30/2015 09/30/15 Sold $217,000 -3.6% $235 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
05/14/2015 05/14/15 Price Changed $225,000 -2.2% $244 / Sq Ft
05/11/2015 05/11/15 For Sale $230,000 -- $249 / 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
2025 $2,921 $265,000 $79,500 $185,500
2024 $2,921 $248,333 $0 $0
2023 $3,419 $231,667 $0 $0
2022 $1,736 $215,000 $64,500 $150,500
2021 $1,713 $213,333 $0 $0
2020 $1,693 $211,667 $0 $0
2019 $3,339 $210,000 $63,000 $147,000
2018 $2,320 $210,000 $63,000 $147,000
2017 $2,459 $210,000 $0 $0
2016 -- $210,000 $0 $0
2015 $1,344 $210,000 $0 $0
2014 $1,344 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002409329

Bright MLS

APN: 10-01651386