Lakeside Terrace 7505 Democracy Blvd Bethesda, MD 20817
West Bethesda Neighborhood
3
Beds
2
Baths
1,488
Sq Ft
$1,027/mo
HOA Fee
Highlights
- Pond View
- Community Pool
- Balcony
- Ashburton Elementary School Rated A
- Tennis Courts
- 2 Assigned Subterranean Spaces
About This Home
As of March 2025Rarely available and move-in ready, this spacious, light-filled 3-bedroom, 2-bath condo offers the perfect blend of comfort and convenience. Enjoy stunning lake views from the expansive private balcony, ideal for relaxing or entertaining. The spacious layout is complemented by abundant natural light, well-maintained interiors, and ample living space. Additional highlights include two covered garage parking spaces, and an unbeatable location within walking distance to Westfield Montgomery Mall and just minutes from I-270, providing easy access to shopping, dining, and commuter routes. Don’t miss the opportunity to own this beautiful lakeside retreat!
Last Buyer's Agent
Bryan Low
RE/MAX Realty Group
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,843
Year Built
- Built in 1960
HOA Fees
- $1,027 Monthly HOA Fees
Parking
Property Views
- Pond
- Park or Greenbelt
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,488 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Cedar Closet
- 2 Full Bathrooms
Utilities
- Air Source Heat Pump
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 161001593680
Community Details
Overview
- $400 Elevator Use Fee
- $250 Capital Contribution Fee
- Association fees include common area maintenance, electricity, heat, air conditioning, parking fee, management, snow removal, trash, water
- Low-Rise Condominium
- Lakeside Terrace Subdivision
- Property Manager
Amenities
- Laundry Facilities
Recreation
Pet Policy
- Cats Allowed
Map
About Lakeside Terrace
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $410,000 | +3.8% | $276 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $395,000 | 0.0% | $265 / Sq Ft |
| 09/10/2024 09/10/24 | Rented | $1,975 | +1.3% | -- |
| 08/13/2024 08/13/24 | For Rent | $1,950 | 0.0% | -- |
| 11/14/2012 11/14/12 | Sold | $130,000 | -6.5% | $246 / Sq Ft |
| 09/29/2012 09/29/12 | Pending | -- | -- | -- |
| 09/24/2012 09/24/12 | For Sale | $139,000 | 0.0% | $263 / Sq Ft |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
| 09/04/2012 09/04/12 | For Sale | $139,000 | -- | $263 / Sq Ft |
Source: Bright MLS
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 | $3,325 | $285,000 | $85,500 | $199,500 |
| 2023 | $3,325 | $285,000 | $85,500 | $199,500 |
| 2022 | $2,337 | $290,000 | $87,000 | $203,000 |
| 2021 | $2,978 | $266,667 | $0 | $0 |
| 2020 | $2,721 | $243,333 | $0 | $0 |
| 2019 | $2,472 | $220,000 | $66,000 | $154,000 |
| 2018 | $2,357 | $213,333 | $0 | $0 |
| 2017 | $2,344 | $206,667 | $0 | $0 |
| 2016 | $2,177 | $200,000 | $0 | $0 |
| 2015 | $2,177 | $200,000 | $0 | $0 |
| 2014 | $2,177 | $200,000 | $0 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $217,000 | -- | |
| Deed | $244,000 | -- |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDMC2165662
APN: 10-01593155
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