tomo logo

$255,000

Beds
1
Baths
1.0
sq ft
1,007

5101 River Rd Unit 1110, Bethesda, MD 20816

5101 River Rd Unit 1110

BETHESDA, MD 20816

  • 100 days on market
    • Price drop $14,900↓
NEW HUGE PRICE REDUCTION A beautifully updated 1BR/1BA with 1007sqft of living space! Enjoy your morning coffee watching the magnificent sunrise from the double balcony or past the tree tops into Washington DC or down into the promenade. There are many reasons to love this unit. You will enjoy cooking in the beautiful kitchen boasting stainless-steel appliances and granite counter tops. The updated bathroom is elegant and spacious as is the primary bedroom. The extra large primary bedroom icludes a walk-in closet that will be your dream refuge. This condo comes with 1 deeded parking space and a dedicated storage space. Enjoy the endless amenities such as the 24hr concierge, fitness room with showers, a heated pool, the promenade with BBQ grills, seating areas and picnic tables, a party room to host a large gathering or watch the game on a big screen TV. Laundry rooms on each floor, a building generator in case of power outage and much much more! And to top it all off, location location location. With Westbard being turned into a mini downtown Bethesda, you are close to everything your heart desires. Whole Foods, Giant, Capital Crescent Trail, shops, restaurants and more. With utilities included in the HOA, you will revel in the peace of mind your new home will bring.

Details

Property type

Condominium

Est. home value

$249,827

Lot size

Unknown

Price per sq ft

$254

Year built

1969

Annual property taxes

$2,718

HOA

No

Price History

11/15/2024
Bright

Bright #MDMC2144666

Price change
$255,000
-5.52%
09/09/2024
Bright

Bright #MDMC2144666

Listed
$269,900

Schools & Community

Elementary school: 

WESTBROOK

Middle school: 

WESTLAND

High school: 

BETHESDA-CHEVY CHASE

Community features: 

Pool

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

$38,853
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$195,747
Cash to seller
$38,853

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

March 2017

Original loan amount

$230,100

Est. remaining balance

$195,747

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Victoria Chang and Andrew Chang

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: 11/27/2024 at 10:45 AM

Listing updated: 11/18/2024 at 9:44 AM

Listed by: Vicki L Porter, Long & Foster Real Estate, Inc. Phone #: (240) 497-1700

MLS: Bright #MDMC2144666

Bright logo

Recently listed in BETHESDA

$1,350,445|3 bd|3.5 ba|Townhouse
$1,600,000|6 bd|3.5 ba|House
$2,150,000|5 bd|4.5 ba|House
$2,399,000|6 bd|6.0 ba|House
$990,000|3 bd|2.0 ba|House
$1,499,900|3 bd|3.5 ba|Townhouse
$1,050,000|5 bd|3.0 ba|House