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$324,000

Beds
1
Baths
1.0
sq ft
626

4801 Fairmont Ave Unit 603, Bethesda, MD 20814

4801 Fairmont Ave Unit 603

BETHESDA, MD 20814

  • 5 days on market
### 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!

Details

Property type

Condominium

Est. home value

$320,296

Lot size

Unknown

Price per sq ft

$518

Year built

1990

Annual property taxes

$3,470

HOA

No

Price History

11/09/2024
Bright

Bright #MDMC2155546

Listed
$324,000

Schools & Community

Neighborhood: 

Wisconsin North

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$124,302
Asking price
$324,000
Closing costs (~8% of asking)
-$25,920
Est. remaining loan balance
-$173,778
Cash to seller
$124,302

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2016

Original loan amount

$213,250

Est. remaining balance

$173,778

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Glenn Buni

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 11:30 AM

Listing updated: 11/09/2024 at 2:24 PM

Listed by: Ryan Shilow, R.E. Shilow Realty Investors, Inc. Phone #: (443) 602-9900

MLS: Bright #MDMC2155546

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