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$1,173,890Estimated home value

Beds
5
Baths
6.0
sq ft
1,804

6704 East Ave, Chevy Chase, MD 20815

6704 East Ave

CHEVY CHASE, MD 20815

  • Off market
An extraordinary opportunity to build a contemporary custom home in one of the most coveted locations in Chevy Chase/Bethesda, MD! With plans and permits already approved, this is the unicorn you've been waiting for. Enjoy the convenience of walking, biking, or strolling to downtown Bethesda and Georgetown. Nestled in the vibrant, community-oriented town of Chevy Chase, it's less than a mile to the Bethesda Metro Station and Bethesda Bagels! Proposed new home features 5 bedrooms and 5 full baths and 2 half baths, with approximately 4,500 square feet home.

Details

Property type

Single Family Residence

Est. home value

$1,173,890

Lot size

4,750 sq ft

Price per sq ft

$716

Year built

1928

Annual property taxes

$10,764

HOA

No

Price History

07/31/2024
Bright

Bright #MDMC2140672

Removed
$1,290,000
-7.79%
07/17/2024
Bright

Bright #MDMC2138938

Removed
$1,399,000
+8.45%
07/17/2024
Bright

Bright #MDMC2140672

Listed
$1,290,000
-7.79%

Schools & Community

Elementary school: 

ROSEMARY HILLS

Middle school: 

SILVER CREEK

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

$163,490
Asking price
$1,290,000
Closing costs (~8% of asking)
-$103,200
Est. remaining loan balance
-$1,023,310
Cash to seller
$163,490

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

Seller’s Loan History

Lender

First Heritage Mortgage Llc

Loan start date

December 2023

Original loan amount

$1,030,981

Est. remaining balance

$1,023,310

Interest rate

7.63%

Loan type

FHA, 30 year

Seller

Gholamreza N Tabriz and Zahra Aminibadr

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: Off Market

Tomo last checked: 10/04/2024 at 8:55 PM

Listing updated: 07/24/2024 at 8:14 AM

Listed by: Ben Fazeli, Long & Foster Real Estate, Inc. Phone #: (240) 497-1700

MLS: Bright #MDMC2140672

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