NOT LISTED FOR SALE

7550 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $219,000 - $293,000

1 Bed
1 Bath
676 Sq Ft
$307/mo HOA Fee

Last Sold February 27, 2015

Last sale price $199,900 $296 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,819/month

84 Days on Market

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Contemporary Architecture
  • Ashburton Elementary School Rated A
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of February 2015

*** Open house this Sunday Jan/ 25th from 2-4 PM *** A must see *** Totally renovated with taste !! New kitchen cabinets with granite counter tops & new S.S. Appliances, Beautifully renovated Bathroom, All new wood floorings, All freshly painted ""

Last Agent to Sell the Property

Ashton Vessali

Compass License #0225164718 Listed on: 11/05/2014

Compass

Last Buyer's Agent

Yuan He

Samson Properties License #639751

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 1975

Lot Details

  • 1,350

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 676 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161001651785

Community Details

Overview

  • Association fees include common area maintenance, management, lawn maintenance, insurance, pool(s), recreation facility, reserve funds, road maintenance, trash, snow removal
  • Low-Rise Condominium
  • Springlake Community
  • Springlake Subdivision
  • The community has rules related to parking rules

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,893

Year Built

Built in 1975

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Remarks Public: *** Open house this Sunday Jan/ 25th from 2-4 PM *** A must see *** Totally renovated with taste !! New kitchen cabinets with granite counter tops & new S.S. Appliances, Beautifully renovated Bathroom, All new wood floorings, All freshly painted ""
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stove, Refrigerator, Icemaker
  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Combination Kitchen/Living, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 676
  • Living Area Sq Ft: 676
  • Price Per Sq Ft: 295.71
  • Above Grade Finished Sq Ft: 676
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7550

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • 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: 307.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Community Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Lawn Maintenance, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986560
  • Tax Annual Amount: 1893.01
  • Assessor Parcel Number: 161001651785
  • Tax Total Finished Sq Ft: 676
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2016
Sold by
Hsies Osman C
Bought by
Hsies Osman C and Sun Pei
Current Estimated Value
$243,941

Purchase Details

Listed on
Nov 5, 2014
Closed on
Feb 27, 2015
Sold by
Hodjat Ahmad
Bought by
Hsieh Osman C
Seller's Agent
Ashton Vessali
Compass
Buyer's Agent
Yuan He
Samson Properties
List Price
$219,900
Sold Price
$199,900
Premium/Discount to List
-$20,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$159,920
Outstanding Balance
$122,795
Interest Rate
3.67%
Mortgage Type
Stand Alone Second
Estimated Equity
$123,875

Purchase Details

Closed on
Apr 15, 2014
Sold by
Koch Carmen
Bought by
Hodjat Ahmad

Purchase Details

Closed on
May 29, 2003
Sold by
Jenkins Lynda C
Bought by
Koch Carmen

Purchase Details

Closed on
Jan 8, 1997
Sold by
Anselmo Michael J and Anselmo G A
Bought by
Florence Linda L
Source: Public Records

Range of Values:

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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
Hsies Osman C -- Title One & Escrow Inc
Hsieh Osman C $199,900 Title One & Escrow Inc
Hodjat Ahmad $100,500 Acer Title & Escrow Llc
Koch Carmen $125,000 --
Florence Linda L $57,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsieh Osman C $159,920
Previous Owner Koch Carmen $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $199,900 0.0% $296 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/10/2014 12/10/14 Price Changed $199,900 -9.1% $296 / Sq Ft
11/05/2014 11/05/14 For Sale $219,900 -- $325 / 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 $2,192 $190,000 $57,000 $133,000
2024 $2,192 $185,000 $0 $0
2023 $2,132 $180,000 $0 $0
2022 $1,411 $175,000 $52,500 $122,500
2021 $1,272 $173,333 $0 $0
2020 $1,252 $171,667 $0 $0
2019 $2,457 $170,000 $51,000 $119,000
2018 $1,195 $166,667 $0 $0
2017 $1,192 $163,333 $0 $0
2016 -- $160,000 $0 $0
2015 $1,779 $160,000 $0 $0
2014 $1,779 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashton Vessali

    Seller's Agent in 2015

    Ashton Vessali

    Compass

    (301) 502-7123

    2 in this area

    142 Total Sales

    Ashton Vessali
    Section Image
  • Yuan He

    Buyer's Agent in 2015

    Yuan He

    Samson Properties

    (301) 633-2351

    25 Total Sales

    Yuan He
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003249858

Bright MLS

APN: 10-01651785

Maryland Montgomery County Bethesda 20817 West Bethesda

7550 Spring Lake Dr Unit A, Bethesda, MD

This home is located at 7550 Spring Lake Dr Unit A, Bethesda, MD 20817 since 05 November 2014 and is currently estimated at $243,941, approximately $360 per square foot. This property was built in 1975. 7550 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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