NOT LISTED FOR SALE

Ritz-Carlton Residences 8551 Connecticut Ave Unit 408 Chevy Chase, MD 20815

Chevy Chase Lake Neighborhood

Estimated Value: $1,765,000 - $2,120,089

3 Beds
3 Baths
1,980 Sq Ft
$2,284/mo HOA Fee

Last Sold May 23, 2023

Last sale price $2,261,400 $1,142 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $14,339/month

234 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gourmet Kitchen
  • Rosemary Hills Elementary School Rated A-
  • New Construction
  • Open Floorplan

About This Home

As of May 2023

Offering exceptional service and peerless attention to detail, The Ritz-Carlton Residences, Chevy Chase embodies the same legendary standards of hospitality that guests expect from Ritz-Carlton hotels the world over. Onsite services and amenities include Valet, Doorman, 24/7 Concierge, Porter Service, Onsite Management and Building Engineer, 12,000sf Amenitiy Space with Fitness center, multiple Club Rooms, Onsite Catering Kitchen and Outdoor Spaces with BBQ Grills, Fire pits, and free wifi throughout the building. One Bedroom +Den to Three Bedroom homes spanning six floors, each serviced to the world-renowned Ritz-Carlton standards and set atop stylish, ground-level retail. Town Square retail to include grocer, pharmacy, restaurants, wine bar, and retail. Easy access to future Purple Line Metro and Capital Cresent Trail. This is a life, a space, a home created to celebrate what lightens you. Please contact the sales gallery for more information and to schedule a presentation!

Last Agent to Sell the Property

Miriam Fernandez

(703) 850-1159 mfernandez@mcwilliamsballard.com McWilliams/Ballard Inc. Listed on: 09/06/2022

McWilliams/Ballard Inc.

Co-Listed By

AJINDER Mann

(703) 945-6983 jmann@mcwilliamsballard.com McWilliams/Ballard Inc.

Last Buyer's Agent

Joseph Bernstein

(301) 367-0507 joseph.bernstein@longandfoster.com Compass License #sp98369004

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $2,284 Monthly HOA Fees

Parking

  • Garage Door Opener

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor
  • Steel Siding
  • Masonry

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Tray Ceiling
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Wood Flooring
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Front Loading Dryer
  • Front Loading Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, trash, sewer, water, high speed internet
  • 65 Units
  • Mid-Rise Condominium
  • Ritz Carlton Residences, Chevy Chase Condos
  • Built by Bozzuto
  • Chevy Chase Subdivision, Design 8 Floorplan
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Meeting Room
  • Party Room

Recreation

  • Pool Membership Available

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$2,284 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Dryer - Electric, Exhaust Fan, Freezer, Icemaker, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Heater - Tankless
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Double Pane, Double Hung
  • Wall Ceiling Types: Tray Ceilings
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 1123.69
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Masonry, Steel Siding
  • Construction Completed: No
  • 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: Limited Common Elements
  • Garage Features: Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Natural Gas
  • Security: Doorman, Desk In Lobby, Monitored, Resident Manager
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic, Other

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2284.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Ritz-Carlton Residences, Chevy Chase
  • HOA Condo Co-Op Amenities: Fitness Center, Meeting Room, Party Room, Concierge, Pool Mem Avail, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Insurance, Trash, Sewer, Water, High Speed Internet
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Assessed Value: 6544600.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: 0000
  • In City Limits: No

Building Info

  • Builder Name: Bozzuto

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 22335213
  • Tax Annual Amount: 73321.00
  • Assessor Parcel Number: 0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Ba B2 Residential Llc
Bought by
Vince Clinton A and Vince Sandra I
Current Estimated Value
$1,966,696

Purchase Details

Listed on
Sep 6, 2022
Closed on
May 23, 2023
Sold by
Ba B2 Residential Llc
Bought by
Vince Clinton A and Vince Sandra I
Seller's Agent
Miriam Fernandez
McWilliams/Ballard Inc.
Buyer's Agent
Joseph Bernstein
Compass
List Price
$2,224,900
Sold Price
$2,261,400
Premium/Discount to List
$36,500
1.64%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.37%
Original Mortgage
$1,350,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vince Clinton A $32,500 Residential Title
Vince Clinton A $32,500 Residential Title
Vince Clinton A $2,261,400 Stewart Title Guaranty Company
Vince Clinton A $2,261,400 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vince Clinton A $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $2,261,400 0.0% $1,142 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/31/2023 03/31/23 Off Market $2,261,400 -- --
03/01/2023 03/01/23 For Sale $2,224,900 -1.6% $1,124 / Sq Ft
02/28/2023 02/28/23 Off Market $2,261,400 -- --
01/01/2023 01/01/23 For Sale $2,224,900 -1.6% $1,124 / Sq Ft
12/31/2022 12/31/22 Off Market $2,261,400 -- --
09/06/2022 09/06/22 For Sale $2,224,900 -- $1,124 / 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 $20,400 $1,800,000 $540,000 $1,260,000
2024 $20,400 $1,758,000 $0 $0
2023 $0 $1,900,000 $570,000 $1,330,000
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miriam Fernandez

    Seller's Agent in 2023

    Miriam Fernandez

    McWilliams/Ballard Inc.

    (703) 850-1159

    23 in this area

    52 Total Sales

    Miriam Fernandez
    Section Image
  • AJINDER Mann

    Seller Co-Listing Agent in 2023

    AJINDER Mann

    McWilliams/Ballard Inc.

    (703) 945-6983

    24 in this area

    73 Total Sales

    AJINDER Mann
    Section Image
  • Joseph Bernstein

    Buyer's Agent in 2023

    Joseph Bernstein

    Compass

    (301) 367-0507

    3 in this area

    99 Total Sales

    Joseph Bernstein
    Section Image
See All Agents

About Ritz-Carlton Residences

Map

Source: Bright MLS

MLS Number: MDMC2068122

Bright MLS

APN: 07-03867594

Maryland Montgomery County Chevy Chase 20815 Chevy Chase Lake

8551 Connecticut Ave Unit 408, Chevy Chase, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes