NOT LISTED FOR SALE

Estimated Value: $1,698,000 - $1,964,000

5 Beds
4.5 Baths
4,089 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,595,000 $390 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,450/month

28 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Rosemary Hills Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2023

Experience the perfect blend of luxury, comfort, and convenience in this stunning brick colonial home located in the highly sought-after Town of Chevy Chase. Boasting over 4,500 square feet of living space, this 5-bedroom, 4.5 bathroom residence provides an ideal space for both relaxation and entertainment.
Step inside and be greeted by an elegant foyer that leads to classic formal living room and a light-filled sunroom. The addition added in 2006 provides a modern twist to this original home, creating a kitchen, dining, and living space often only found in new builds.

The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances, ample counter space, and plenty of storage for all of your cooking needs. Enjoy your morning coffee on the back deck while overlooking the serene backyard. The family room features tall ceilings, beautiful natural light, and a cozy fireplace - the perfect spot to unwind after a long day. The dining space is perfect for hosting dinner parties and gatherings, with ample space to accommodate guests.

Upstairs, the primary suite presents a lavish spa-like bathroom, two walk-in closets, and large windows. The upper level also includes three extra bedrooms and two full bathrooms, one of which is an en suite. Additionally, there is a laundry room, completing the amenities on this floor. With its four bedrooms and three bathrooms, this home is ideal for contemporary living.

The lower level offers even more space for entertainment and relaxation, with a large recreation room, an additional bedroom, and full bathroom - perfect for hosting guests or using as a home office. In addition, there is a one-car garage!

Outside, the lush backyard is an oasis of tranquility, complete with a stone patio and mature landscaping, providing the perfect spot for outdoor gatherings and relaxation.

Located just a short walk away from the best dining, shopping, and entertainment that Bethesda has to offer, this exquisite home is a rare opportunity to enjoy luxury living in a highly sought-after location. Don't miss your chance to make 7708 Meadow Lane your dream home.

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The Town of Chevy Chase is an incorporated township of approximately 1,035 homes within Chevy Chase that offers superior services to the residents. Truly nothing like it.

The borders of the Town are Bradley Lane on the south, Connecticut Avenue on the east, East-West Highway on the north, and 46th Street/West Avenue on the West.

It is a sidewalk community and the premier location adjacent to Bethesda and just north of DC allows one to walk easily to the METRO, downtown Bethesda (grocery stores, restaurants, shops, movies and so much more), the Crescent Trail and schools. The Lawton Community Center and the Town Offices are at the Oakridge Ave/Leland Street corner.

The public schools are Chevy Chase/Rosemary Hills Elementary, Silver Creek Middle School and Bethesda-Chevy Chase High School. 

The town is governed by an elected Town Council and, with the help of the staff, provides most municipal services required. Some of these are:

    1    Twice weekly trash pick-up from the back door. 
    2    Once a week pick-up of yard trash from the curb. 
    3    Once a week leaf vacuuming from the curb in the fall. 
    4    Once a week pick-up of materials to be recycled. 
    5    Twice yearly free pick-up of "trash & treasures" to be discarded. 
    6    Very responsive and ongoing street plowing during snow storms. 
    7    All street and public tree maintenance/repair. 
    8    Police patrol of the town. 
    9    Full police service is provided by Montgomery County.
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Last Agent to Sell the Property

John Coplen

(410) 591-0911 johncoplen@alterurban.com Long & Foster Real Estate, Inc. Listed on: 05/28/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Alexandra Shabo

(781) 738-5839 alexshabo@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joseph Barnes

(443) 413-7319 joseph.barnes@longandfoster.com Long & Foster Real Estate, Inc. License #580588

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,824

Year Built

  • Built in 1931

Lot Details

  • 7,806 Sq Ft Lot
  • Property is zoned R60

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chevy Chase Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160700467608

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,824

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-28
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4644
  • Living Area Sq Ft: 4089
  • Price Per Sq Ft: 516.35
  • Above Grade Finished Sq Ft: 3089
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 555
  • Total Below Grade Sq Ft: 1555
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7708

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7806.00
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14824.00
  • Assessor Parcel Number: 160700467608
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 4089
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/28/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jul 28, 2023
Sold by
Lerner Bruce R and Laporte Margaret A
Bought by
Cheely George Rayburn and Barchers Cheely Catherine
Seller's Agent
John Coplen
Long & Foster Real Estate, Inc.
Buyer's Agent
Joseph Barnes
Long & Foster Real Estate, Inc.
List Price
$1,649,000
Sold Price
$1,595,000
Premium/Discount to List
-$54,000
-3.27%
Views
64
Current Estimated Value
$1,872,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,833
Avg. Annual Appreciation
7.61%
Original Mortgage
$1,276,000
Outstanding Balance
$1,242,079
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$630,754

Purchase Details

Closed on
Jul 31, 2008
Sold by
Sells William H 3Rd & T M
Bought by
Lerner Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,250
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2008
Sold by
Sells William H 3Rd & T M
Bought by
Lerner Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,250
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1998
Sold by
Peter H H and Peter Lavault D
Bought by
William H 3Rd & T M Sells

Purchase Details

Closed on
Mar 21, 1995
Sold by
Spring Richard M
Bought by
Lavault Peter H
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
Cheely George Rayburn $1,595,000 First American Title
Cheely George Rayburn $1,595,000 First American Title
Lerner Bruce R $1,439,000 --
Lerner Bruce R $1,439,000 --
William H 3Rd & T M Sells $467,000 --
Lavault Peter H $406,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheely George Rayburn $1,276,000
Closed Cheely George Rayburn $1,276,000
Previous Owner Lerner Bruce R $1,079,250
Previous Owner Lerner Bruce R $1,079,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,595,000 0.0% $390 / Sq Ft
06/19/2023 06/19/23 Price Changed $1,595,000 -3.3% $390 / Sq Ft
05/28/2023 05/28/23 For Sale $1,649,000 -- $403 / 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 $17,779 $1,619,300 $737,800 $881,500
2024 $17,779 $1,518,633 $0 $0
2023 $7,961 $1,417,967 $0 $0
2022 $15,129 $1,317,300 $670,700 $646,600
2021 $10,928 $1,317,300 $670,700 $646,600
2020 $28,217 $1,317,300 $670,700 $646,600
2019 $14,165 $1,324,100 $638,800 $685,300
2018 $13,877 $1,295,333 $0 $0
2017 $13,794 $1,266,567 $0 $0
2016 $11,311 $1,237,800 $0 $0
2015 $11,311 $1,191,367 $0 $0
2014 $11,311 $1,144,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2092350

Bright MLS

APN: 07-00467608