NOT LISTED FOR SALE

7561 Spring Lake Dr Unit B1 Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $284,000 - $305,000

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

Last Sold August 12, 2013

Last sale price $242,500 $263 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,304/month

7 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Main Floor Bedroom
  • Ashburton Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of August 2013

Beautifully updated condo in the charming community of Spring Lake. Spacious, open layout featuring renovated kitchen, new appliances, granite counter, lots of closet space, beautiful parquet floors, fresh paint. Front patio and back balcony that overlooks parkland. Conveniently located near parks, shopping, buses and metro. Pet friendly community that offers playground and pool.

Last Agent to Sell the Property

Shiva Zargham

Compass Listed on: 07/01/2013

Compass

Last Buyer's Agent

Fran Baker

Washington Fine Properties, LLC License #MRIS:1206

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 922 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Free Parking
  • Driveway
  • Unassigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161001652142

Community Details

Overview

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

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

$2,383

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
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • 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: 268.44
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Paved Driveway, Unassigned
  • Type Of Parking: Driveway

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: 433.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Extra Storage, Common Grounds
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Road Maintenance, Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry, Air Conditioning
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986594
  • Tax Annual Amount: 2382.64
  • Assessor Parcel Number: 161001652142
  • Tax Total Finished Sq Ft: 922
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/12/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
Young Jeffrey O
Bought by
Dudley Alex S and Dudley Erin K
Current Estimated Value
$294,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,160
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 12, 2013
Sold by
Embassy Properties Llc
Bought by
Young Jeffrey O
Seller's Agent
Shiva Zargham
Compass
Buyer's Agent
Fran Baker
Washington Fine Properties, LLC
List Price
$247,500
Sold Price
$242,500
Premium/Discount to List
-$5,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$194,000
Interest Rate
4.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 4, 2013
Sold by
Temko Eden
Bought by
Embassy Properties Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Azcuna Wilmer A
Bought by
Temko Eden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Azcuna Wilmer A
Bought by
Temko Eden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2000
Sold by
Hurwitz Gilbert E
Bought by
Goldberg Janet L

Purchase Details

Closed on
Aug 7, 2000
Sold by
Blotner Edward S
Bought by
Rode Marnie
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
Dudley Alex S $228,000 Tradition Title
Young Jeffrey O $242,500 Fidelity Natl Title Ins Co
Embassy Properties Llc $195,000 Chicago Title Insurance Co
Temko Eden $310,000 --
Temko Eden $310,000 --
Goldberg Janet L $89,900 --
Rode Marnie $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudley Alex S $212,000
Closed Dudley Alex S $212,000
Closed Dudley Alex S $211,160
Previous Owner Young Jeffrey O $194,000
Previous Owner Temko Eden $310,000
Previous Owner Temko Eden $310,000
Previous Owner Azcuna Wilmer A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2013 08/12/13 Sold $242,500 -2.0% $263 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $247,500 -- $268 / 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
2024 $2,921 $248,333 $0 $0
2023 $2,727 $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 $1,767 $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

  • Shiva Zargham

    Seller's Agent in 2013

    Shiva Zargham

    Compass

    (240) 893-4195

    6 in this area

    97 Total Sales

    Section Image

  • F

    Buyer's Agent in 2013

    Fran Baker

    Washington Fine Properties

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Map

Source: Bright MLS

MLS Number: 1003601046

Bright MLS

APN: 10-01652142

Maryland Montgomery County Bethesda 20817 West Bethesda

7561 Spring Lake Dr Unit B1, Bethesda, MD

This home is located at 7561 Spring Lake Dr Unit B1, Bethesda, MD 20817 since 01 July 2013 and is currently estimated at $292,465, approximately $317 per square foot. This property was built in 1975. 7561 Spring Lake Dr Unit B1 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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