NOT LISTED FOR SALE

Estimated Value: $631,000 - $796,000

5 Beds
4.5 Baths
3,005 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $711,000 $237 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,900/month

16 Days on Market

Highlights

  • Pier or Dock
  • Colonial Architecture
  • Traditional Floor Plan
  • Ashburton Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of July 2022

Beautifully updated townhome in sought after Westlake Terrace. Tens of thousands of dollars of updates and upgrades added and entire home is freshly painted. Main floor has gleaming hardwood floors throughout the open, shared living and dining room. ENTIRELY BRAND NEW KITCHEN! Eat-in kitchen shines with all new stainless steel appliances, sleek quartz countertops, white Shaker style cabinets and flooring! A floor-to -ceiling window floods the kitchen with natural light making for a cozy breakfast nook. Updated powder room off of the foyer boasts a new light fixture, toilet, faucet and reglazed vanity top. Head upstairs to the first upper level which hosts the primary bedroom/bath, second bedroom and second full bath. Spacious primary bedroom has generous storage storage with both wall and walk-in closets! Primary bathroom was refreshed with a new light fixture and reglazed vanity top. Second full bath was gleams with a reglazed shower tub. The second upper level hosts the third and fourth bedrooms and third full bathroom. Second upper level bedrooms offer great storage space - each with its own walk-in closet. Finished walk-out lower level has a spacious family room providing additional living space. Family room boasts a cozy fireplace and sliding door that opens to a private patio overlooking the lake. The fifth bedroom and fourth full bath complete the lower level. The private patio offers relaxing views of the lake - one out of only 21 waterfront homes in the community! The patio and view make for a great place to grill, dine al fresco, or entertain. Enjoy the largest floor plan in Westlake Terrace. Homes this size generally only hit the market every two years or so in the development. THIS HOME IS 25-35% LARGER than the recent sales in Westlake Terrace. Community amenities include tennis courts, in-ground swimming pool and decks overlooking the lake. Perfectly situated off of 270 and Democracy Blvd, just blocks to Westfield Mall offering plentiful shopping and dining options. Home also backs up to Cabin John Regional Park with a 8.8-mile natural-surface trail for hikers & bikers following a stream in a wooded park. This home has it all - style, comfort, spaciousness and a great waterfront view! It is not to be missed!

Last Agent to Sell the Property

Paul Nalabandian

(202) 505-7285 paul@fulcrumpg.com Keller Williams Capital Properties Listed on: 05/12/2022

Keller Williams Capital Properties

Last Buyer's Agent

Caroline Aslan

(240) 497-1700 caroline.aslan@lnf.com Long & Foster Real Estate, Inc. License #665255

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1980

Lot Details

  • 3,964

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 4 Levels
  • Traditional Floor Plan
  • Fireplace Mantel
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 161001901578

Community Details

Overview

  • Association fees include management, pool(s), snow removal, water
  • Westlake Terrance Condos
  • Westlake Terrace Subdivision
  • Property Manager
  • Community Lake

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,746

Year Built

Built in 1980

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 5/12/2022 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stainless Steel Appliances, Oven/Range - Electric, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Eat-In, Upgraded Countertops, Kitchen - Table Space, Bathroom - Tub Shower, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 4
  • Room List: Bedroom 2, Bedroom 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Outside Entrance, Interior Access, Walkout Level
  • Laundry Type: Washer In Unit, Dryer In Unit, Lower Floor
  • Total Sq Ft: 3005
  • Living Area Sq Ft: 3005
  • Price Per Sq Ft: 317.07
  • Above Grade Finished Sq Ft: 2255
  • Below Grade Finished Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: 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
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • 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: 396.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Westlake Terrance
  • HOA Condo Co-Op Amenities: Lake, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Swimming Pool, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Snow Removal, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6746.00
  • Assessor Parcel Number: 161001901578
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 5, 2022
Sold by
Nalbandian Renee Adrine
Bought by
Bush Peter M and Band Anna M
Seller's Agent
Paul Nalabandian
Keller Williams Capital Properties
Buyer's Agent
Caroline Aslan
Long & Foster Real Estate, Inc.
List Price
$715,000
Sold Price
$711,000
Premium/Discount to List
-$4,000
-0.56%
Current Estimated Value
$735,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,612
Avg. Annual Appreciation
1.00%
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1998
Sold by
Jean and Pierre
Bought by
Nalbandian Renee A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bush Peter M $711,000 None Listed On Document
Bush Peter M $711,000 None Listed On Document
Nalbandian Renee A $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bush Peter M $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $711,000 -0.6% $237 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $715,000 0.0% $238 / Sq Ft
05/05/2021 05/05/21 Rented $3,500 0.0% --
04/06/2021 04/06/21 For Rent $3,500 +16.7% --
03/31/2019 03/31/19 Rented $3,000 0.0% --
03/13/2019 03/13/19 Under Contract -- -- --
02/02/2019 02/02/19 For Rent $3,000 0.0% --
02/01/2019 02/01/19 Off Market $3,000 -- --
03/04/2016 03/04/16 Rented $2,900 -3.3% --
02/04/2016 02/04/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent $3,000 0.0% --
03/30/2015 03/30/15 Rented $3,000 -14.3% --
03/24/2015 03/24/15 Under Contract -- -- --
08/22/2014 08/22/14 For Rent $3,500 -- --
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 $7,570 $635,000 $190,500 $444,500
2024 $7,570 $623,333 $0 $0
2023 $6,726 $611,667 $0 $0
2022 $4,836 $600,000 $180,000 $420,000
2021 $6,746 $583,333 $0 $0
2020 $6,540 $566,667 $0 $0
2019 $6,308 $550,000 $165,000 $385,000
2018 $6,076 $550,000 $165,000 $385,000
2017 $5,867 $550,000 $0 $0
2016 -- $550,000 $0 $0
2015 $3,919 $526,667 $0 $0
2014 $3,919 $503,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2048958

Bright MLS

APN: 10-01901578