NOT LISTED FOR SALE

Estimated Value: $236,000 - $266,000

1 Bed
1 Bath
1,250 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $227,500 $182 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,917/month

6 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Beauty Salon
  • Ashburton Elementary School Rated A
  • Gated Community
  • Community Indoor Pool

About This Home

As of January 2024

Step into an exclusive living experience at The Promenade! Boasting 1,250 SqFt of luxury, this one-bedroom plus den CORNER residence is located in the SOUTH tower, which is bathed in sunlight and on the quiet/private side of the building. This rarely on the market large end/corner unit faces the gardens and trees. The expansive living area features hardwood flooring and an eat-in kitchen with ample storage. The adjacent den adds flexibility, perfect for a home office, guest room, or a formal dining room.

The tranquil and comfortable bedroom offers ample closet space and built-ins. The unit is fitted with three California closet systems that provide organized storage solutions. There are also built-ins in the dining room/den space. Step out onto the private balcony from the living area and enjoy serene views. This unit also comes with the convenience of an indoor parking space and includes all utilities, ensuring a worry-free living experience. There is a location with 15 EV charging stations and two outdoor areas to grill and have your very own cookout!

The resort-style Promenade complex offers a plethora of amenities, a vibrant retail corridor featuring a popular restaurant, beauty salon, dry cleaner, on-site masseuse, package room, party room, game room and convenience store. The monthly Coop fee covers all utilities, property taxes, a private parking spot in the garage and provides access to premium amenities such as indoor and outdoor pools, seven tennis courts, pickle ball, a racquet club house, and an exercise and fitness center with an indoor pool, sauna, lockers, and a hot tub. The list goes on!

The added convenience of a 24-hour security gatehouse, front desk service enhance the lifestyle at the Promenade. Situated in a prime location, inside the beltway! enjoy easy access to two Red Line Metro stops: Medical Metro and Grosvenor-Strathmore metro stop, NIH, Medical Center, Walter Reed Hospital, Downtown Bethesda, and major highways such as I270 and 495. There is a bus that picks up at the front of the building for easy access to shopping and other transportation. Elevate your living experience at the Promenade!

Last Listed By

Jennifer Kalis

Compass License #582094 Listed on: 12/15/2023

Compass

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1973

HOA Fees

  • $1,282 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Assigned Parking Garage Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 160703606501

Community Details

Overview

  • Association fees include air conditioning, cable TV, common area maintenance, electricity, gas, heat, insurance, reserve funds, pool(s), snow removal, taxes, trash, underlying mortgage, water, recreation facility, road maintenance
  • High-Rise Condominium
  • Promenade Towers Subdivision

Amenities

  • Concierge
  • Common Area
  • Beauty Salon
  • Community Center
  • Party Room
  • Convenience Store

Recreation

  • Community Spa
  • Putting Green

Pet Policy

  • Cats Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,821

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,282 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 192.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5225

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Central
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1281.81
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beauty Salon, Common Grounds, Community Center, Concierge, Convenience Store, Elevator, Exercise Room, Gated Community, Party Room, Pool - Outdoor, Pool - Indoor, Putting Green, Sauna, Security, Spa, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Reserve Funds, Pool(s), Snow Removal, Taxes, Trash, Underlying Mortgage, Water, Recreation Facility, Road Maintenance
  • 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: U
  • Year Assessed: 2023
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2821.00
  • Assessor Parcel Number: 160703606501
  • Tax Total Finished Sq Ft: 1250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/26/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $227,500 -5.2% $182 / Sq Ft
12/15/2023 12/15/23 For Sale $240,000 -- $192 / 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
2024 $2,833 $242,000 $0 $0
2023 $2,129 $241,000 $0 $0
2022 $1,934 $240,000 $72,000 $168,000
2021 $1,958 $236,667 $0 $0
2020 $1,921 $233,333 $0 $0
2019 $1,882 $230,000 $69,000 $161,000
2018 $1,702 $213,333 $0 $0
2017 $1,612 $196,667 $0 $0
2016 -- $180,000 $0 $0
2015 $1,271 $180,000 $0 $0
2014 $1,271 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2115378

Bright MLS

APN: 07-03606501