NOT LISTED FOR SALE

7545 Spring Lake Dr Unit C-2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $281,924 - $306,000

2 Beds
1 Bath
922 Sq Ft
$433/mo HOA Fee

Last Sold May 30, 2014

Last sale price $220,000 $239 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,213/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Main Floor Bedroom
  • Ashburton Elementary School Rated A
  • Backs to Trees or Woods
  • Upgraded Countertops

About This Home

As of May 2014

Updated 2 bdrm/1 fb condo! - New Granite Counter Tops and Stainless Steel sink in Kitchen, New Tile in Full Bath! Fresh Paint throughout! Front & Back Balconies! Master Bedroom w/ wall of closets and balcony backing to woods! Parquet Flooring under Carpet! Lots of closets plus extra storage - #170! Close to 270/495/Westfield Shopping Center!

Last Agent to Sell the Property

Jill Aharon

(240) 328-2640 jill@jillaharon.com Coldwell Banker Realty Listed on: 04/18/2014

Coldwell Banker Realty

Last Buyer's Agent

JoAnne Baick

(301) 704-3889 jbaickhomes@gmail.com Independent Realty, Inc

Independent Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1975

Lot Details

  • No Through Street
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Brick Front

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Dining Area
  • Views of Woods

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Free Parking
  • Rented or Permit Required
  • Unassigned Parking

Outdoor Features

  • Multiple Balconies

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

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 161001651615

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, pool(s), reserve funds, snow removal, trash, water, sewer
  • Low-Rise Condominium
  • Springlake Community
  • Springlake Subdivision
  • The community has rules related to covenants, parking rules

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,420

Year Built

Built in 1975

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
  • Interior Amenities: Dining Area, Kitchen - Galley, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 922
  • Living Area Sq Ft: 922
  • Price Per Sq Ft: 238.61
  • 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 Front
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 433.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Pool - Outdoor, Tot Lots/Playground, Common Grounds
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Parking, Pets - Allowed
  • HOA: No

Schools

  • Elementary School: ASHBURTON
  • High School: WALTER JOHNSON
  • Middle Or Junior School: NORTH BETHESDA

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Lot Features: No Thru Street, Backs To Trees
  • Outdoor Living Structures: Balconies- Multiple, Balcony
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986543
  • Tax Annual Amount: 2419.82
  • Assessor Parcel Number: 161001651615
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 30, 2014
Sold by
Finn Stephanie Szu Chi and Lin Stephanie S
Bought by
Kim Miri and Pak Aaron
Seller's Agent
Jill Aharon
Coldwell Banker Realty
Buyer's Agent
JoAnne Baick
Independent Realty, Inc
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$291,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,981
Avg. Annual Appreciation
2.49%
Original Mortgage
$198,000
Outstanding Balance
$150,999
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$140,982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Miri $220,000 Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Miri $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $220,000 0.0% $239 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $220,000 -- $239 / 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 $2,035 $231,667 $0 $0
2022 $1,733 $215,000 $64,500 $150,500
2021 $3,426 $213,333 $0 $0
2020 $3,339 $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 $2,284 $210,000 $0 $0
2014 $2,284 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002915116

Bright MLS

APN: 10-01651615