NOT LISTED FOR SALE

Estimated Value: $312,000 - $327,000

1 Bed
1 Bath
626 Sq Ft
$583/mo HOA Fee

Last Sold December 10, 2024

Last sale price $318,000 $508 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,660/month

9 Days on Market

Highlights

  • Central Heating and Cooling System
  • Bethesda Elementary School Rated A
  • 2-minute walk to Chase Ave Urban Park

About This Home

As of December 2024

### Elegant 1-Bedroom Condo for Sale in Downtown Bethesda: 4801 Fairmont Ave, Unit 603

### Ask about our three years of free parking!!!

###THIS PROPERTY WILL NOT LAST LONG!!! DON'T MISS OUT!!!

Welcome to **4801 Fairmont Ave, Unit 603**, an exquisite 1-bedroom, 1-bath condo located on the sixth floor of a prestigious building in the heart of Downtown Bethesda, MD. This mini-penthouse offers breathtaking views of Bethesda and extends to Washington, DC, providing a unique and desirable living experience.

#### Key Features:
- **Stunning Living Space**: The open-concept living area is bathed in natural light and features panoramic city views, perfect for both relaxation and entertaining.
- **Gourmet Kitchen**: Enjoy a chef's dream kitchen with high-end stainless steel appliances, sleek countertops, and generous storage.
- **Luxurious Bedroom**: The spacious bedroom offers a serene retreat with easy access to the stylishly designed bathroom.
- **Modern Bathroom**: Features contemporary fixtures and a sophisticated design.
- **Mini-Penthouse Experience**: Relish in the exclusive ambiance of a mini-penthouse, complete with a private balcony showcasing sweeping views from Bethesda to Washington, DC.

#### Unit and Building Amenities:
- **Condo Fee includes**: Monthy expenses WATER, GAS, AND HOT WATER
- **Community Lounge**: Ideal for social gatherings and community events AND INCLUDES FREE WI-FI

#### Prime Location:
Positioned in the vibrant center of Downtown Bethesda, this condo provides immediate access to an array of dining, shopping, and entertainment options. The Bethesda Metro Station is just a short walk away, offering seamless connectivity to the broader DC area.

#### Investment Opportunity:
This condo presents a fantastic investment opportunity due to its prime location, strong rental income potential, and low condo fees. Its high demand for rental properties in Downtown Bethesda makes it a smart choice for investors looking to capitalize on ONE OF AMERICAS MOST LUCRATIVE REAL ESTATE MARKETS.

#### Virtual Tours:
Experience this exceptional condo from the comfort of your home. Explore the property NOW by viewing our immersive GOOGLE WALKTHROUGH of the unit, and view the detailed video to get a comprehensive look at the unit and sky views.

#### Contact Us:
Don’t miss out on this unique opportunity to own a stylish condo with panoramic views and excellent investment potential. Contact us today to learn more or to schedule your private showing!

**4801 Fairmont Ave, Unit 603, Bethesda, MD** – where luxury, location, and investment potential meet. Make it yours today!

Last Listed By

Ryan Shilow

R.E. Shilow Realty Investors, Inc. License #626807 Listed on: 11/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1990

Lot Details

  • 44

HOA Fees

  • $583 Monthly HOA Fees

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160703500712

Community Details

Overview

  • Association fees include common area maintenance, management
  • Mid-Rise Condominium
  • Bethesda Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1990

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Remarks Public: ### Elegant 1-Bedroom Condo for Sale in Downtown Bethesda: 4801 Fairmont Ave, Unit 603 ### Ask about our three years of free parking!!! ###THIS PROPERTY WILL NOT LAST LONG!!! DON'T MISS OUT!!! Welcome to **4801 Fairmont Ave, Unit 603**, an exquisite 1-bedroom, 1-bath condo located on the sixth floor of a prestigious building in the heart of Downtown Bethesda, MD. This mini-penthouse offers breathtaking views of Bethesda and extends to Washington, DC, providing a unique and desirable living experience. #### Key Features: - **Stunning Living Space**: The open-concept living area is bathed in natural light and features panoramic city views, perfect for both relaxation and entertaining. - **Gourmet Kitchen**: Enjoy a chef's dream kitchen with high-end stainless steel appliances, sleek countertops, and generous storage. - **Luxurious Bedroom**: The spacious bedroom offers a serene retreat with easy access to the stylishly designed bathroom. - **Modern Bathroom**: Features contemporary fixtures and a sophisticated design. - **Mini-Penthouse Experience**: Relish in the exclusive ambiance of a mini-penthouse, complete with a private balcony showcasing sweeping views from Bethesda to Washington, DC. #### Unit and Building Amenities: - **Condo Fee includes**: Monthy expenses WATER, GAS, AND HOT WATER - **Community Lounge**: Ideal for social gatherings and community events AND INCLUDES FREE WI-FI #### Prime Location: Positioned in the vibrant center of Downtown Bethesda, this condo provides immediate access to an array of dining, shopping, and entertainment options. The Bethesda Metro Station is just a short walk away, offering seamless connectivity to the broader DC area. #### Investment Opportunity: This condo presents a fantastic investment opportunity due to its prime location, strong rental income potential, and low condo fees. Its high demand for rental properties in Downtown Bethesda makes it a smart choice for investors looking to capitalize on ONE OF AMERICAS MOST LUCRATIVE REAL ESTATE MARKETS. #### Virtual Tours: Experience this exceptional condo from the comfort of your home. Explore the property NOW by viewing our immersive GOOGLE WALKTHROUGH of the unit, and view the detailed video to get a comprehensive look at the unit and sky views. #### Contact Us: Don’t miss out on this unique opportunity to own a stylish condo with panoramic views and excellent investment potential. Contact us today to learn more or to schedule your private showing! **4801 Fairmont Ave, Unit 603, Bethesda, MD** – where luxury, location, and investment potential meet. Make it yours today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 517.57
  • Above Grade Finished Sq Ft: 626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 583.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: CBD1
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3470.00
  • Assessor Parcel Number: 160703500712
  • Tax Year: 2024
  • Close Date: 12/10/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2011
Sold by
Howe William H and Estate Of Timothy S Driscoll
Bought by
Buni Glenn
Total Days on Market
9
Current Estimated Value
$320,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,260
Interest Rate
4.62%
Mortgage Type
VA

Range of Values:

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Average Value
Not Available
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
Buni Glenn $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buni Glenn $213,250
Closed Buni Glenn $227,260
Previous Owner Driscoll Timothy S $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $318,000 -1.9% $508 / Sq Ft
11/09/2024 11/09/24 For Sale $324,000 0.0% $518 / Sq Ft
04/05/2021 04/05/21 Rented $1,550 0.0% --
03/11/2021 03/11/21 For Rent $1,550 -- --
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
2024 $3,470 $290,000 $87,000 $203,000
2023 $3,407 $290,000 $87,000 $203,000
2022 $2,337 $290,000 $87,000 $203,000
2021 $3,261 $290,000 $87,000 $203,000
2020 $3,261 $290,000 $87,000 $203,000
2019 $3,259 $290,000 $87,000 $203,000
2018 $3,265 $290,000 $87,000 $203,000
2017 $2,704 $290,000 $0 $0
2016 -- $290,000 $0 $0
2015 $2,972 $280,000 $0 $0
2014 $2,972 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2155546

Bright MLS

APN: 07-03500712