NOT LISTED FOR SALE

7562 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $331,069 - $341,000

2 Beds
2 Baths
1,232 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: April 25, 2017

Last sale price $284,975 $231 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,576 / mo

62 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Jogging Path
  • Clubhouse
  • Community Basketball Court
  • Security Service

About This Home

As of April 2017

ACTIVE = AVAILABLE NO CALL TO LA SHOWIONG CSS *LUXURY LIVING IN BETHESDA AT AFFORDABLE COST STUNNING CONDO TASTEFULLY RENOVATED WITH ONLY THE FINEST FINISHES!LARGE WINDOWS,BRIGHT OPEN FLOOR PLAN.SPACIOUS ROOMS FILLED W/ENDLESS AMENITIES NEW HARDWOOD FLOORS,NEW KITCHEN W/ GRANITE, BREAKFAST BAR,SS APPLIANCES,UPDATED BATHROOMS.WALK-IN CLOSET.FACING WOODS

Last Agent to Sell the Property

Mahmood Nawaz

(703) 506-1003 ziahassan47@hotmail.com First American Real Estate Listed on: 02/06/2017

Last Buyer's Agent

Peggy Lyn Speicher

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Gaithersburg License #324114

Real Broker, LLC - Gaithersburg
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1975 | Remodeled in 2016

Lot Details

  • 2,178

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 1 Assigned Parking Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001652200

Community Details

Overview

  • Association fees include common area maintenance, electricity, exterior building maintenance, custodial services maintenance, management, lawn maintenance, water, snow removal, laundry, trash
  • Low-Rise Community
  • Spring Lake Community
  • Springlake Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Recreational Area
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,459

Year Built

Built in 1975 | Remodeled in 2016

Lot Details

2,178 Sq Ft Lot

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Year Renovated: 2016
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Terrace
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 231.31
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 513.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Community Center, Common Grounds, Extra Storage, Jog/Walk Path, Laundry Facilities, Meeting Room, Non-Lake Recreational Area, Party Room, Picnic Area, Pool - Outdoor, Recreational Center, Security, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Ext Bldg Maint, Custodial Services Maintenance, Management, Lawn Maintenance, Water, Snow Removal, Laundry, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13986600
  • Tax Annual Amount: 2458.79
  • Assessor Parcel Number: 161001652200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 20, 2017
Sold by
Bought by
Seller's Agent
Mahmood Nawaz
First American Real Estate
Buyer's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
List Price
$297,875
Sold Price
$284,975
Premium/Discount to List
-$12,900
-4.33%
Current Estimated Value
$335,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,042
Avg. Annual Appreciation
1.76%
Original Mortgage
$275,000
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$284,975 None Available
$92,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $267,643
Closed $275,000
Previous Owner $126,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $284,975 0.0% $231 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $284,975 -4.3% $231 / Sq Ft
02/06/2017 02/06/17 For Sale $297,875 -- $242 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,415 $290,000 $87,000 $203,000
2024 $3,151 $268,333 $0 $0
2023 $3,592 $246,667 $0 $0
2022 $1,814 $225,000 $67,500 $157,500
2021 $1,823 $223,333 $0 $0
2020 $1,804 $221,667 $0 $0
2019 $3,560 $220,000 $66,000 $154,000
2018 $1,748 $216,667 $0 $0
2017 $2,459 $213,333 $0 $0
2016 -- $210,000 $0 $0
2015 $834 $210,000 $0 $0
2014 $834 $210,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1002359804

Bright MLS

APN: 10-01652200

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