NOT LISTED FOR SALE

The Estate Condos at Quarry Springs 8121 River Rd Unit 454 Bethesda, MD 20817

Seven Locks Neighborhood

Estimated Value: $2,547,910 - $3,270,000

3 Beds
3.5 Baths
4,625 Sq Ft
$4,256/mo HOA Fee

Last Sold December 27, 2019

Last sale price $2,500,000 $541 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,792/month

Highlights

  • Bar or Lounge
  • Fitness Center
  • Waterfall on Lot
  • Seven Locks Elementary School Rated A
  • Newly Remodeled
  • Clubhouse

About This Home

As of December 2019

This home is located at 8121 River Rd Unit 454, Bethesda, MD 20817 since 14 January 2020 and is currently estimated at $2,985,970, approximately $645 per square foot. This property was built in 2015. 8121 River Rd Unit 454 is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/14/2020

Last Buyer's Agent

Cara Pearlman

Compass License #225180603

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,212

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 784

HOA Fees

  • $4,256 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 4,625 Sq Ft Home
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Waterfall on Lot
  • Water Fountains
  • Exterior Lighting

Utilities

  • Heating Available
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 161003765132

Community Details

Overview

  • $8,021 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, snow removal, trash
  • 50 Units
  • Mid-Rise Condominium
  • Quarry Springs Condos
  • Quarry Springs Subdivision, Lafayette Penthouse Floorplan
  • Property Manager

Amenities

  • Common Area
  • Sauna
  • Clubhouse
  • Party Room
  • Community Library
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,212

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$4,256 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Flooring Type: Hardwood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Levels Count: Other
  • Room List: Study
  • Basement: No
  • Total Sq Ft: 4625
  • Living Area Sq Ft: 4625
  • Price Per Sq Ft: 540.54
  • Above Grade Finished Sq Ft: 4625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8121

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Sidewalks, Water Falls, Water Fountains
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4255.75
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Quarry Springs
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Club House, Elevator, Exercise Room, Extra Storage, Library, Party Room, Pool - Outdoor, Sauna, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Capital Contribution Fee: 8020.80

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 2800000.00
  • Land Assessed Value: 1200000.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: CONDOMINIUM
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14124120
  • Tax Annual Amount: 44212.00
  • Assessor Parcel Number: 161003765132
  • Tax Total Finished Sq Ft: 4625
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/27/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Dec 17, 2019
Sold by
Quarry Springs Associates Llc
Bought by
Pearlman Stanley and Pearlman Joann
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Cara Pearlman
Compass
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$2,985,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,970
Avg. Annual Appreciation
3.27%
Original Mortgage
$2,000,000
Outstanding Balance
$1,770,860
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,229,359
Source: Public Records

Range of Values:

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Average Value
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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
Pearlman Stanley $2,500,000 Counselors Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pearlman Stanley $0
Open Pearlman Stanley $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 For Sale $2,500,000 0.0% $541 / Sq Ft
12/27/2019 12/27/19 Sold $2,500,000 -- $541 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
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 $27,191 $2,350,000 $705,000 $1,645,000
2024 $27,191 $2,350,000 $705,000 $1,645,000
2023 $26,512 $2,350,000 $705,000 $1,645,000
2022 $26,465 $2,450,000 $735,000 $1,715,000
2021 $26,433 $2,450,000 $735,000 $1,715,000
2020 $26,444 $2,450,000 $735,000 $1,715,000
2019 $44,213 $4,000,000 $1,200,000 $2,800,000
2018 $44,285 $4,000,000 $1,200,000 $2,800,000
2017 $46,024 $4,000,000 $0 $0
2016 -- $4,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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About The Estate Condos at Quarry Springs

Map

Source: Bright MLS

MLS Number: MDMC690542

Bright MLS

APN: 10-03765132

Maryland Montgomery County Bethesda 20817 Seven Locks

8121 River Rd Unit 454, Bethesda, MD

This home is located at 8121 River Rd Unit 454, Bethesda, MD 20817 since 14 January 2020 and is currently estimated at $2,985,970, approximately $645 per square foot. This property was built in 2015. 8121 River Rd Unit 454 is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

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