NOT LISTED FOR SALE

7540 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $310,000 - $332,000

2 Beds
1 Bath
1,229 Sq Ft
$449/mo HOA Fee

Last Sold January 24, 2013

Last sale price $180,000 $146 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,452/month

23 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Ashburton Elementary School Rated A
  • Wood Flooring
  • Community Playground

About This Home

As of January 2013

Huge 2 BR,1BA terrace level unit. Two entrances: enjoy cookouts on your patio w/wooded view. Back door access to laundry/storage. Walk-in closets. Condo fee incl HVAC maint! Near Montgomery Mall,NIH, 495 & 270. Sold as-is. Short sale - subject to 3rd party approval (one lender). Offers must include approval ltr & fin info sheet.FHA Approved.

Last Agent to Sell the Property

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 08/13/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Nina Heydari

Long & Foster Real Estate, Inc. License #MRIS:76151

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1975

Lot Details

  • 2,004

HOA Fees

  • $449 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,229 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Surface Parking
  • Unassigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001651433

Community Details

Overview

  • Moving Fees Required
  • Association fees include custodial services maintenance, exterior building maintenance, gas, heat, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, laundry
  • Low-Rise Condominium
  • Spring Lake Community

Amenities

  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,529

Year Built

Built in 1975

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove
  • Interior Amenities: Combination Dining/Living, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1229
  • Living Area Sq Ft: 1229
  • Price Per Sq Ft: 153.78
  • Above Grade Finished Sq Ft: 1229
  • Above Grade Finished Area Units: Square Feet

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
  • 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, Unassigned

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: 449.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Picnic Area, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Year Assessed: 2012
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986525
  • Tax Annual Amount: 2528.61
  • Assessor Parcel Number: 161001651433
  • Tax Total Finished Sq Ft: 1229
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 01/24/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Jan 24, 2013
Sold by
Fitzgerld Rebecca E
Bought by
Sedh Sahel
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Nina Heydari
Long & Foster Real Estate, Inc.
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$321,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,843
Avg. Annual Appreciation
4.66%
Original Mortgage
$144,000
Outstanding Balance
$100,877
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$218,828

Purchase Details

Closed on
Dec 22, 1997
Sold by
Flaherty Janet D
Bought by
Fitzgerald Rebecca E

Purchase Details

Closed on
Jul 31, 1996
Sold by
Armstrong Dorothy G
Bought by
Flaherty Janet D
Source: Public Records

Range of Values:

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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
Sedh Sahel $180,000 Lakeview Title Company
Fitzgerald Rebecca E $79,750 --
Flaherty Janet D $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedh Sahel $144,000
Previous Owner Fitzgerald Rebecca E $212,657
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $180,000 -4.8% $146 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $189,000 +5.0% $154 / Sq Ft
08/13/2012 08/13/12 Off Market $180,000 -- --
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 $3,151 $290,000 $87,000 $203,000
2024 $3,151 $268,333 $0 $0
2023 $3,592 $246,667 $0 $0
2022 $1,814 $225,000 $67,500 $157,500
2021 $1,823 $223,333 $0 $0
2020 $1,804 $221,667 $0 $0
2019 $55 $220,000 $66,000 $154,000
2018 $1,748 $216,667 $0 $0
2017 $1,767 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $834 $210,000 $0 $0
2014 $834 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coley Reed

    Seller's Agent in 2013

    Coley Reed

    Long & Foster

    (301) 674-2829

    3 in this area

    588 Total Sales

    Coley Reed
    Section Image

  • N

    Buyer's Agent in 2013

    Nina Heydari

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: 1004117336

Bright MLS

APN: 10-01651433

Maryland Montgomery County Bethesda 20817 West Bethesda

7540 Spring Lake Dr Unit A, Bethesda, MD

This home is located at 7540 Spring Lake Dr Unit A, Bethesda, MD 20817 since 13 August 2012 and is currently estimated at $321,843, approximately $261 per square foot. This property was built in 1975. 7540 Spring Lake Dr Unit A is a home located in Montgomery County with nearby schools including Ashburton Elementary School, North Bethesda Middle School, and Walter Johnson High School.

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