NOT LISTED FOR SALE

7551 Spring Lake Dr Unit C2 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $230,000 - $252,000

1 Bed
1 Bath
756 Sq Ft
$333/mo HOA Fee

Last Sold October 02, 2012

Last sale price $190,000 $251 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,858/month

37 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Ashburton Elementary School Rated A
  • Upgraded Countertops
  • Crown Molding

About This Home

As of October 2012

Totally renovated one-bedroom condo - a must see! Gorgeous kitchen w/granite/stainless steel/backsplash/ceramic flooring/maple cabinets/island. Spacious bedroom w/custom walk-in closet. 2 Balconies! Condo fee incl HVAC maint. & gas. Pet-friendly community with pool, garden, hiking trails to Cabin John Park. FHA/VA approved. .

Last Agent to Sell the Property

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 07/25/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rachelle Cherol

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Microwave
  • 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

Listing and Financial Details

  • Assessor Parcel Number 161001651821

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, gas, heat, lawn maintenance, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, laundry
  • Low-Rise Condominium
  • Spring Lake Community
  • Springlake Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1975

Lot Details

0

HOA Fees

$333 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: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Remarks Public: Totally renovated one-bedroom condo - a must see! Gorgeous kitchen w/granite/stainless steel/backsplash/ceramic flooring/maple cabinets/island. Spacious bedroom w/custom walk-in closet. 2 Balconies! Condo fee incl HVAC maint. & gas. Pet-friendly community with pool, garden, hiking trails to Cabin John Park. FHA/VA approved. .
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove
  • Interior Amenities: Combination Dining/Living, Crown Moldings, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 251.32
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7551

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: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 333.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage, Picnic Area, Pool - Outdoor, Tot Lots/Playground, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Pets - Allowed
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986563
  • Tax Annual Amount: 1963.11
  • Assessor Parcel Number: 161001651821
  • Tax Total Finished Sq Ft: 756
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 10/02/2012

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Gagarin Katharine A
Bought by
Hooks Roseline M
Current Estimated Value
$244,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,979
Outstanding Balance
$208,644
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$30,123

Purchase Details

Listed on
Jul 25, 2012
Closed on
Oct 2, 2012
Sold by
Luykx Arun and Luykx Jan
Bought by
Gagarin Katharine A
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Rachelle Cherol
Long & Foster Real Estate, Inc.
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$152,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Libercci Michael
Bought by
Luykx Arun

Purchase Details

Closed on
Jun 26, 2008
Sold by
Libercci Michael
Bought by
Luykx Arun

Purchase Details

Closed on
May 8, 2003
Sold by
Hahn Marcella C
Bought by
Libercci Michael

Purchase Details

Closed on
Mar 12, 2002
Sold by
Nordenberg Tamar S
Bought by
Hahn Marcella C
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
Hooks Roseline M $222,000 Flynn Title
Gagarin Katharine A $190,000 Tradition Title Llc
Luykx Arun $237,500 --
Luykx Arun $237,500 --
Libercci Michael $110,000 --
Hahn Marcella C $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooks Roseline M $217,979
Previous Owner Gagarin Katharine A $152,000
Previous Owner Libercci Michael $200,000
Previous Owner Libercci Michael $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $190,000 0.0% $251 / Sq Ft
09/17/2012 09/17/12 Price Changed $190,000 0.0% $251 / Sq Ft
09/17/2012 09/17/12 For Sale $190,000 -9.5% $251 / Sq Ft
09/02/2012 09/02/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $210,000 +10.5% $278 / Sq Ft
07/25/2012 07/25/12 Off Market $190,000 -- --
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 $2,345 $205,000 $61,500 $143,500
2024 $2,345 $198,333 $0 $0
2023 $1,574 $191,667 $0 $0
2022 $1,491 $185,000 $55,500 $129,500
2021 $2,765 $183,333 $0 $0
2020 $2,725 $181,667 $0 $0
2019 $2,678 $180,000 $54,000 $126,000
2018 $1,988 $180,000 $54,000 $126,000
2017 $1,422 $180,000 $0 $0
2016 $1,271 $180,000 $0 $0
2015 $1,271 $180,000 $0 $0
2014 $1,271 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004090902

Bright MLS

APN: 10-01651821