NOT LISTED FOR SALE

7543 Spring Lake Dr Unit B2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $284,000 - $295,592

2 Beds
1 Bath
922 Sq Ft
$419/mo HOA Fee

Last Sold August 24, 2012

Last sale price $178,000 $193 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,252/month

44 Days on Market

Highlights

  • Newly Remodeled
  • Private Pool
  • Contemporary Architecture
  • Ashburton Elementary School Rated A
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of August 2012

Location, Location Location! Spacious, in great condition & freshly painted condo. All new WW carpet, refrigerator, microwave, sink & lighting fixtures. Great privacy in front patio & private Master bdrm balcony overlooks lovely parkland. Pool, laundry room, extra storage, parking, heat, water all included in condo fee. Pet friendly. Close to Mont Mall, 270, Cabin John Park & transportation

Last Agent to Sell the Property

Loretta Reed

Long & Foster Real Estate, Inc. License #BR98374328 Listed on: 06/18/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Zhihao Wang

UnionPlus Realty, Inc. License #05224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1975 | Newly Remodeled

Lot Details

  • 1,830

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Playground

Utilities

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

Listing and Financial Details

  • Tax Lot AKE
  • Assessor Parcel Number 161001651524

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, gas, lawn maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Spring Lake Community
  • The community has rules related to parking rules

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,284

Year Built

Built in 1975 | Newly Remodeled

Lot Details

0

HOA Fees

$419 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: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Kitchen - Galley, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 215.84
  • Above Grade Finished Sq Ft: 922
  • 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
  • Exterior Features: Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 419.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Pool - Outdoor, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Year Assessed: 2012
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986534
  • Tax Annual Amount: 2284.41
  • Assessor Parcel Number: 161001651524
  • Tax Lot: AKE
  • Tax Total Finished Sq Ft: 922
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/24/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Li Jian
Bought by
Reed Kirstin Joanna
Current Estimated Value
$290,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Outstanding Balance
$268,423
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$17,083
Source: Public Records

Range of Values:

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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
Reed Kirstin Joanna $275,000 Cardinal Title
Reed Kirstin Joanna $275,000 Cardinal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Kirstin Joanna $270,019
Closed Reed Kirstin Joanna $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $178,000 -10.6% $193 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $199,000 -- $216 / 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 $1,733 $215,000 $64,500 $150,500
2021 $2,405 $213,333 $0 $0
2020 $2,362 $211,667 $0 $0
2019 $2,362 $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 $2,284 $210,000 $0 $0
2014 $2,284 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loretta Reed

    Seller's Agent in 2012

    Loretta Reed

    Long & Foster

    (202) 321-2818

    9 Total Sales

    Section Image
  • Zhihao Wang

    Buyer's Agent in 2012

    Zhihao Wang

    UnionPlus Realty, Inc.

    (202) 276-6928

    1 in this area

    99 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004037526

Bright MLS

APN: 10-01651524

Maryland Montgomery County Bethesda 20817 West Bethesda

7543 Spring Lake Dr Unit B2, Bethesda, MD

This home is located at 7543 Spring Lake Dr Unit B2, Bethesda, MD 20817 since 18 June 2012 and is currently estimated at $288,398, approximately $312 per square foot. This property was built in 1975. 7543 Spring Lake Dr Unit B2 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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