NOT LISTED FOR SALE

7541 Spring Lake Dr Unit D1 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $293,000 - $333,000

2 Beds
1 Bath
922 Sq Ft
$555/mo HOA Fee

Last Sold March 03, 2023

Last sale price $275,000 $298 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,427/month

38 Days on Market

Highlights

  • Community Pool
  • Ashburton Elementary School Rated A
  • 90% Forced Air Heating and Cooling System

About This Home

As of March 2023

Absolutely stunning top floor condo nestled in the Spring Lake community offering an expansive open floor plan, and in a perfect commuter location! You will love the recessed lighting, updated hardwood-like flooring throughout, floor-to-ceiling windows with gorgeous wooded views, neutral color palette, design-inspired features, and two balconies! The private front balcony welcomes you to this lovely condo and sets the tone for what awaits inside. Upon entry, you are greeted by combination living room, dining room, and kitchen making the perfect venue for hosting family and friends. Prepare your favorite meals in the kitchen embellished with White Quartz counters w/ extended backsplash, center island, stainless steel appliances, and sleek modern white cabinetry. Two sprawling bedrooms with a full bath conclude the interior of this lovely home. There is ample storage with many spacious custom-built closets, as well as a storage unit in the lower level of the building. Spring Lake Condos offers a community center, outdoor in-ground pool, tot lot, common areas, and gardening boxes. Ideal location close to 495 and 270 with downtown Rockville, Cabin John, and DC right within reach! Enjoy being in close proximity to Westfield Montgomery Mall, Cabin John Park, and within Montgomery County Public Schools. Condo fee includes water, sewer, and gas.

Last Agent to Sell the Property

Anousha Nikjouian

(202) 802-5434 anousha@definedre.com Compass License #660785 Listed on: 11/16/2022

Compass

Last Buyer's Agent

Victor Llewellyn

(301) 807-4575 victorllewellyn56@gmail.com Long & Foster Real Estate, Inc. License #63983

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1960

Lot Details

  • 1,830

HOA Fees

  • $555 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001651488

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, gas, water, trash, appliance maintenance, insurance
  • Low-Rise Condominium
  • First Service Residential East Condos, Phone Number (301) 495-6600
  • Spring Lake Garden Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,361

Year Built

Built in 1960

Lot Details

0

HOA Fees

$555 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: 2022-11-23
  • Year Built: 1960
  • Remarks Public: Absolutely stunning top floor condo nestled in the Spring Lake community offering an expansive open floor plan, and in a perfect commuter location! You will love the recessed lighting, updated hardwood-like flooring throughout, floor-to-ceiling windows with gorgeous wooded views, neutral color palette, design-inspired features, and two balconies! The private front balcony welcomes you to this lovely condo and sets the tone for what awaits inside. Upon entry, you are greeted by combination living room, dining room, and kitchen making the perfect venue for hosting family and friends. Prepare your favorite meals in the kitchen embellished with White Quartz counters w/ extended backsplash, center island, stainless steel appliances, and sleek modern white cabinetry. Two sprawling bedrooms with a full bath conclude the interior of this lovely home. There is ample storage with many spacious custom-built closets, as well as a storage unit in the lower level of the building. Spring Lake Condos offers a community center, outdoor in-ground pool, tot lot, common areas, and gardening boxes. Ideal location close to 495 and 270 with downtown Rockville, Cabin John, and DC right within reach! Enjoy being in close proximity to Westfield Montgomery Mall, Cabin John Park, and within Montgomery County Public Schools. Condo fee includes water, sewer, and gas.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 303.58
  • Above Grade Finished Sq Ft: 922
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7541

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, 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: 90% 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: 555.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: First Service Residential East
  • Condo Co-Op Phone: 301-495-6600
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Gas, Water, Trash, Appliance Maintenance, Insurance
  • HOA: No
  • Senior Community: No

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: 147000.00
  • Land Assessed Value: 63000.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986530
  • Tax Annual Amount: 2361.00
  • Assessor Parcel Number: 161001651488
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/03/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 3, 2023
Sold by
Farazad Daryush
Bought by
Goodman Kelsey
Seller's Agent
Anousha Nikjouian
Compass
Buyer's Agent
Victor Llewellyn
Long & Foster Real Estate, Inc.
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Views
79
Current Estimated Value
$305,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,746
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 16, 2019
Sold by
Huie Carl and Huie Ellen Gallagher
Bought by
Farazad Daryush
Seller's Agent
Brandon Goldstein
JPAR Stellar Living
Buyer's Agent
Parviz Niktash
Chase Properties
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$183,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Huie Carl and Huie Ellen G
Bought by
Gallagher Huie Carl and Gallagher Huie Ellen

Purchase Details

Closed on
Nov 22, 2010
Sold by
Huie Carl and Huie Ellen G
Bought by
Gallagher Huie Carl and Gallagher Huie Ellen

Purchase Details

Closed on
Jul 7, 2005
Sold by
Witebsky Martha
Bought by
Huie Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
5.73%
Mortgage Type
New Conventional
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
Goodman Kelsey $275,000 Rgs Title
Farazad Daryush $245,000 Village Settlements Inc
Gallagher Huie Carl -- --
Huie Carl -- --
Gallagher Huie Carl -- --
Huie Carl -- --
Huie Carl $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farazad Daryush $185,000
Previous Owner Farazad Daryush $183,750
Previous Owner Huie Carl $125,000
Previous Owner Huie Carl $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $275,000 -1.8% $298 / Sq Ft
11/16/2022 11/16/22 For Sale $279,900 0.0% $304 / Sq Ft
02/27/2020 02/27/20 Rented $1,650 -2.9% --
02/22/2020 02/22/20 Price Changed $1,700 0.0% $2 / Sq Ft
02/22/2020 02/22/20 For Rent $1,700 +3.0% --
01/04/2020 01/04/20 Off Market $1,650 -- --
12/18/2019 12/18/19 For Rent $1,650 0.0% --
12/16/2019 12/16/19 Sold $245,000 -7.5% $266 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $265,000 -- $287 / 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 $2,727 $231,667 $0 $0
2022 $2,428 $215,000 $64,500 $150,500
2021 $2,405 $213,333 $0 $0
2020 $2,385 $211,667 $0 $0
2019 $4,723 $210,000 $63,000 $147,000
2018 $2,320 $210,000 $63,000 $147,000
2017 $1,767 $210,000 $0 $0
2016 -- $210,000 $0 $0
2015 $1,592 $210,000 $0 $0
2014 $1,592 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2076006

Bright MLS

APN: 10-01651488