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$259,000

Beds
1
Baths
1.0
sq ft
882

7401 Westlake Ter Unit 514, Bethesda, MD 20817

7401 Westlake Ter Unit 514

BETHESDA, MD 20817

  • 3 days on market
Don’t miss your opportunity to own a gorgeous, sun filled condo in the Bethesda zip code under $300K, walking distance to Westfield shopping center and minutes from major commuter routes. Open layout 1 BR/1BA unit is gleaming with hardwood floors throughout and contemporary updates. Double entry kitchen has ceramic tile floor, white cabinets, granite counters, stainless steel appliances, and a wine cooler. Bathroom is conveniently accessible from the bedroom and the hallway with updated modern fixtures and a walk in shower. Large bedroom suite has a walk-in closet that provides ample storage. Laundry facilities are just around the corner and available on each floor, and the unit comes with a storage space and ample outdoor parking. Chelsea Towers is a secure entry community with 24 hour concierge, modern lobby/reception area, outdoor swimming pool, tennis courts, a full size fitness center, sauna, community library, party room plus lower level vending machines. Owner occupants only. Investor wait list exists. Won't last long. Schedule your tour today!

Details

Property type

Condominium

Est. home value

$235,891

Lot size

Unknown

Price per sq ft

$294

Year built

1979

Annual property taxes

$2,345

HOA

No

Price History

11/11/2024
Bright

Bright #MDMC2155486

Listed
$259,000
+17.73%
10/22/2021
Bright

Bright #MDMC2016020

Sold
$220,000
+12.82%
12/03/2019
Bright

Bright #MDMC678370

Sold
$195,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$43,049
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$195,231
Cash to seller
$43,049

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

October 2021

Original loan amount

$209,000

Est. remaining balance

$195,231

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Belek Toktosunov

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: 11/11/2024 at 10:29 PM

Listed by: Marina Bogatine, Samson Properties Phone #: (240) 630-8689

MLS: Bright #MDMC2155486

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