NOT LISTED FOR SALE

7502 Spring Lake Dr Unit A Bethesda, MD 20817

West Bethesda Neighborhood

Estimated Value: $236,000 - $252,000

1 Bed
1 Bath
841 Sq Ft
$490/mo HOA Fee

Last Sold November 27, 2024

Last sale price $240,000 $285 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,040/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Dogs and Cats Allowed
  • Ashburton Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Welcome to this cozy and inviting 1 bedroom, 1 bathroom corner unit in the highly desirable Spring Lake Condominium community! As the largest 1 bedroom model available, this charming condo is one of only six of its kind, making it a rare find.

Step inside to discover an open and airy layout that seamlessly blends comfort and style. The living area is perfect for both relaxing and entertaining, while the well-appointed kitchen boasts modern appliances and plenty of storage.

One of the standout features of this adorable home is the outdoor patio, ideal for enjoying your morning coffee or hosting a small gathering with friends. Imagine unwinding here after a long day, surrounded by the serene beauty of the community's landscaped grounds.

Convenience is at your doorstep with nearby shopping centers, walking paths, and easy access to major transportation routes. The condo is within walking distance of Montgomery Mall and offers access to Cabin John Regional Park. An updated HVAC system (2017) and a dedicated storage unit add to the home's appeal. Plus, water and gas are included in the condo fee.

In addition to its prime location, Spring Lake Condominium offers fantastic amenities, including a refreshing pool, ensuring you have plenty of options for recreation and relaxation.

Don’t miss the chance to make this cute and inviting condo your new home. Schedule a private showing today and experience all that Spring Lake Condominium has to offer!

Last Listed By

Nick Africano

Compass Listed on: 09/17/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,307

Year Built

  • Built in 1960

Lot Details

  • 1,525

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 841 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161001650108

Community Details

Overview

  • Association fees include gas, lawn maintenance, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Spring Lake Garden Condo
  • Spring Lake Garden Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,307

Year Built

Built in 1960

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-17
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this cozy and inviting 1 bedroom, 1 bathroom corner unit in the highly desirable Spring Lake Condominium community! As the largest 1 bedroom model available, this charming condo is one of only six of its kind, making it a rare find. Step inside to discover an open and airy layout that seamlessly blends comfort and style. The living area is perfect for both relaxing and entertaining, while the well-appointed kitchen boasts modern appliances and plenty of storage. One of the standout features of this adorable home is the outdoor patio, ideal for enjoying your morning coffee or hosting a small gathering with friends. Imagine unwinding here after a long day, surrounded by the serene beauty of the community's landscaped grounds. Convenience is at your doorstep with nearby shopping centers, walking paths, and easy access to major transportation routes. The condo is within walking distance of Montgomery Mall and offers access to Cabin John Regional Park. An updated HVAC system (2017) and a dedicated storage unit add to the home's appeal. Plus, water and gas are included in the condo fee. In addition to its prime location, Spring Lake Condominium offers fantastic amenities, including a refreshing pool, ensuring you have plenty of options for recreation and relaxation. Don’t miss the chance to make this cute and inviting condo your new home. Schedule a private showing today and experience all that Spring Lake Condominium has to offer!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas, Range Hood, Refrigerator
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 841
  • Living Area Sq Ft: 841
  • Price Per Sq Ft: 297.15
  • Above Grade Finished Sq Ft: 841
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7502

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: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 490.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Spring Lake Garden Condo
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Gas, Lawn Maintenance, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • 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: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2307.00
  • Assessor Parcel Number: 161001650108
  • Tax Total Finished Sq Ft: 841
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/27/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 27, 2024
Sold by
Verran Lucas and Perecki Abigail
Bought by
Salguero Yesenia L
Seller's Agent
Nick Africano
Compass
Buyer's Agent
Roxana Salguero
Long & Foster Real Estate, Inc.
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%
Total Days on Market
33
Views
119
Current Estimated Value
$243,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,429
Avg. Annual Appreciation
3.52%
Original Mortgage
$25,000
Outstanding Balance
$24,955
Interest Rate
6.54%
Estimated Equity
$218,474

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 4, 2022
Sold by
Janine Clay
Bought by
Verran Lucas and Perecki Abigail
Seller's Agent
Tracy Goins
BOSS Real Estate, LLC
Buyer's Agent
Justin Craig
Revol Real Estate, LLC
List Price
$207,000
Sold Price
$213,000
Premium/Discount to List
$6,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$209,142
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 7, 2017
Sold by
Tayman Corrie J and Myers Corrie Tayman
Bought by
Clay Jannie
Seller's Agent
Stephanie Walsh
Long & Foster Real Estate, Inc.
Buyer's Agent
Sean Sharifi
Shahin S Sharifi, Independent Broker
List Price
$199,900
Sold Price
$185,500
Premium/Discount to List
-$14,400
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$176,225
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Bousaidi Mehdi
Bought by
Tayman Corrie J

Purchase Details

Closed on
Jun 23, 2003
Sold by
Goldsteen Robert H
Bought by
Bousaidi Mehdi

Purchase Details

Closed on
Aug 31, 2000
Sold by
Morelli Irene C
Bought by
Goldsteen Robert H and Goldsteen Dorine Seidman

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
Salguero Yesenia L $240,000 Rgs Title
Salguero Yesenia L $240,000 Rgs Title
Clay Jannie $185,500 First Excel Title Llc
Tayman Corrie J $197,500 --
Bousaidi Mehdi $138,000 --
Goldsteen Robert H $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Yesenia L $25,000
Closed Salguero Yesenia L $25,000
Open Salguero Yesenia L $210,000
Closed Salguero Yesenia L $210,000
Previous Owner Clay Jannie $176,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $240,000 -4.0% $285 / Sq Ft
10/14/2024 10/14/24 Price Changed $249,900 -3.0% $297 / Sq Ft
09/28/2024 09/28/24 Price Changed $257,500 -2.8% $306 / Sq Ft
09/17/2024 09/17/24 For Sale $265,000 +24.4% $315 / Sq Ft
03/04/2022 03/04/22 Sold $213,000 +2.9% $253 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $207,000 0.0% $246 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $207,000 0.0% $246 / Sq Ft
01/12/2022 01/12/22 Price Changed $207,000 +11.6% $246 / Sq Ft
02/13/2017 02/13/17 Sold $185,500 -3.8% $221 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
01/11/2017 01/11/17 Price Changed $192,900 -3.5% $229 / Sq Ft
11/04/2016 11/04/16 For Sale $199,900 0.0% $238 / Sq Ft
04/18/2012 04/18/12 Rented $1,350 0.0% --
04/17/2012 04/17/12 Under Contract -- -- --
01/16/2012 01/16/12 For Rent $1,350 -- --
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 $2,307 $195,000 $0 $0
2023 $1,555 $190,000 $0 $0
2022 $1,405 $185,000 $55,500 $129,500
2021 $1,382 $183,333 $0 $0
2020 $1,362 $181,667 $0 $0
2019 $2,678 $180,000 $54,000 $126,000
2018 $1,342 $180,000 $54,000 $126,000
2017 $2,114 $180,000 $0 $0
2016 -- $180,000 $0 $0
2015 $1,485 $180,000 $0 $0
2014 $1,485 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2148544

Bright MLS

APN: 10-01650108