NOT LISTED FOR SALE

7542 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $312,000 - $366,000

2 Beds
1 Bath
1,315 Sq Ft
$510/mo HOA Fee

Last Sold December 28, 2015

Last sale price $225,000 $171 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,617/month

219 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Partially Wooded Lot
  • Ashburton Elementary School Rated A
  • Property is near a park
  • Traditional Architecture

About This Home

As of December 2015

MOTIVATED SELLER! BRING OFFERS! CLOSING COST HELP POSSIBLE!! If outdoor living is what you want this 2 Bedroom condo has it, Large living and dining areas, kitchen with gas stove and Corian Countertops. Features front and rear entrance near laundry, alarm system. Condo fee includes everything even the repair to the heating and air conditioning. Only bill is electric-highest bill for 2014-$88.

Last Agent to Sell the Property

Michael Frazier

Nitro Realty License #580893 Listed on: 03/11/2015

Nitro Realty

Co-Listed By

Frederick Begosh

Nitro Realty

Last Buyer's Agent

Val Puddington

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,677

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,315 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Handicap Parking
  • Off-Site Parking
  • Surface Parking

Outdoor Features

  • Private Pool
  • Outdoor Storage

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161001651502

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, snow removal, sewer, water
  • Low-Rise Condominium
  • Springlak Community
  • Springlake Subdivision

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Laundry Facilities
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,677

Year Built

Built in 1975

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Remarks Public: MOTIVATED SELLER! BRING OFFERS! CLOSING COST HELP POSSIBLE!! If outdoor living is what you want this 2 Bedroom condo has it, Large living and dining areas, kitchen with gas stove and Corian Countertops. Features front and rear entrance near laundry, alarm system. Condo fee includes everything even the repair to the heating and air conditioning. Only bill is electric-highest bill for 2014-$88.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: Dining Area, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: 1st Floor
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1315
  • Living Area Sq Ft: 1315
  • Price Per Sq Ft: 171.10
  • Above Grade Finished Sq Ft: 1315
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7542

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
  • Exterior Features: Secure Storage, Sidewalks, Street Lights
  • Pool Private: Yes
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, General Common Elements, Surface
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.73
  • 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: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 510.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Snow Removal, Sewer, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 161000.00
  • Land Assessed Value: 69000.00
  • Lot Features: Backs To Trees, Backs - Parkland, Landscaping, Partly Wooded
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986532
  • Tax Annual Amount: 2677.01
  • Assessor Parcel Number: 161001651502
  • Tax Total Finished Sq Ft: 1315
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/28/2015

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Dec 28, 2015
Sold by
Tomic Helen M and Tomic Stanko
Bought by
Rodriguez John D
Seller's Agent
Michael Frazier
Nitro Realty
Buyer's Agent
Val Puddington
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$337,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,966
Avg. Annual Appreciation
3.97%
Original Mortgage
$202,500
Outstanding Balance
$159,678
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$168,225

Purchase Details

Closed on
Aug 27, 2010
Sold by
Watson Helen M
Bought by
Tomic Helen M and Tomic Stanko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Polsky Maxine
Bought by
Watson Helen M
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
Rodriguez John D $225,000 Commonwealth Land Title Insu
Tomic Helen M -- --
Watson Helen M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez John D $202,500
Previous Owner Tomic Helen M $194,500
Previous Owner Watson Helen M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $225,000 0.0% $171 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/12/2015 09/12/15 Price Changed $225,000 -2.1% $171 / Sq Ft
08/29/2015 08/29/15 Price Changed $229,900 -2.2% $175 / Sq Ft
07/26/2015 07/26/15 Price Changed $235,000 -1.7% $179 / Sq Ft
07/07/2015 07/07/15 Price Changed $239,000 -0.4% $182 / Sq Ft
06/21/2015 06/21/15 Price Changed $240,000 -4.0% $183 / Sq Ft
03/26/2015 03/26/15 For Sale $249,900 0.0% $190 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $249,900 -- $190 / 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 $3,228 $295,000 $88,500 $206,500
2024 $3,228 $275,000 $0 $0
2023 $3,688 $255,000 $0 $0
2022 $1,894 $235,000 $70,500 $164,500
2021 $1,934 $233,333 $0 $0
2020 $3,828 $231,667 $0 $0
2019 $3,781 $230,000 $69,000 $161,000
2018 $1,895 $230,000 $69,000 $161,000
2017 $1,997 $230,000 $0 $0
2016 $834 $230,000 $0 $0
2015 $834 $230,000 $0 $0
2014 $834 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002310803

Bright MLS

APN: 10-01651502