tomo logo

$900,000

Beds
3
Baths
3.0
sq ft
1,900

5020 River Rd, Bethesda, MD 20816

5020 River Rd

BETHESDA, MD 20816

  • 29 days on market
    • Open house Apr 05
BACK ON THE MARKET! Buyer couldn’t perform- Don’t miss this second chance! **Please wear shoe covers or remove shoes when touring the home. Offers will be presented as received. If multiple offers come in, the seller reserves the right to set a deadline and will notify all parties accordingly.** This beautifully updated home is ready for you! With an open layout, modern finishes, and abundant natural light, it feels bright and welcoming the moment you step inside. The sunroom is the perfect spot to unwind while enjoying views of the spacious, fenced backyard. Located less than a mile from Friendship Heights, you’ll have easy access to top-rated restaurants, shopping, and the Metro. Plus, with a finished basement, updated kitchen and baths, and ample parking, this home offers both style and convenience. A new HVAC (2024) and a brand-new roof coming in 2025 provide peace of mind for years to come. Move-in ready and just minutes from DC—don’t miss this one!

Details

Property type

Single Family Residence

Est. home value

$896,950

Lot size

6,143 sq ft

Price per sq ft

$474

Year built

1956

Annual property taxes

$8,197

HOA

No

Price History

04/01/2025
Bright

Bright #MDMC2167444

Listed
$900,000
03/27/2025
Bright

Bright #MDMC2167444

Pending
$900,000
03/13/2025
Bright

Bright #MDMC2167444

Listed
$900,000
+9.76%

Schools & Community

Neighborhood: 

Westgate

Elementary school: 

WESTBROOK

Middle school: 

WESTLAND

High school: 

BETHESDA-CHEVY CHASE

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

$225,584
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$602,416
Cash to seller
$225,584

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

Seller’s Loan History

Lender

Lower Llc

Loan start date

June 2023

Original loan amount

$615,000

Est. remaining balance

$602,416

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Gyu S Shim and Bogum Kang

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: 04/02/2025 at 4:35 PM

Listing updated: 04/01/2025 at 10:11 AM

Listed by: Ali Velasco, RLAH @properties Phone #: (301) 652-0643

MLS: Bright #MDMC2167444

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