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$1,083,136Estimated home value

Beds
4
Baths
3.0
sq ft
2,772

9120 Levelle Dr, Chevy Chase, MD 20815

9120 Levelle Dr

CHEVY CHASE, MD 20815

  • Sold On 8/30/2024
BACK ON MARKET! Buyers' financing fell through. This property offers a captivating opportunity to invest in a mid-century modern gem nestled amidst nature's embrace. Priced at $950,000, this AS-IS sale presents a canvas for your imagination, with potential abound. This light filled 4 bedroom and 3 full bathrooms home, with an abundance of windows creating a light and airy atmosphere, sprawls across a generous .75-acre lot, one of the largest in the community, providing an oasis of privacy and tranquility. Towering trees envelop the property, enhancing its allure and offering a serene backdrop. Adjacent to the esteemed Rock Creek Park, outdoor enthusiasts will relish the proximity to nature's splendor, while urban conveniences remain within easy reach. While the home requires updating throughout, its bones and potential are undeniable. Consider it a blank canvas, ripe for transformation. Whether you envision a meticulous renovation to restore its mid-century charm or aspire to erect a new architectural masterpiece, the possibilities are boundless. The main level welcomes you with a cozy breakfast room with a soaring cathedral ceiling that flows seamlessly into the kitchen. A spacious living room adorned with a wall of windows, built-in bookcases, and a wood-burning fireplace and an adjoining dining room opening to a brick patio offers an inviting space for gatherings. Additionally, a den and a laundry room cater to practical needs. Three light filled bedrooms and two full bathrooms grace the main level, ensuring comfort and convenience. Descend to the daylight lower level to discover further potential featuring an expansive recreation room with a 2nd wood-burning fireplace, a sizable fourth bedroom an additional full bath, utility room, and a second laundry area. With a walkout to the backyard, this level seamlessly integrates indoor and outdoor living. Embrace the opportunity to realize your vision and capitalize on the thriving real estate market, where neighboring new construction homes command prices upwards of $2 million. Whether you choose to refurbish, expand, or rebuild, this property promises a rewarding investment journey. Don't miss your chance to make your mark on this quintessential mid-century marvel!

Details

Property type

Single Family Residence

Est. home value

$1,083,136

Lot size

0.75 acres

Price per sq ft

$343

Year built

1948

Annual property taxes

$9,590

HOA

No

Price History

08/30/2024
Bright

Bright #MDMC2128222

Sold
$930,000
-2.11%
08/11/2024
Bright

Bright #MDMC2128222

Pending
$950,000
08/05/2024
Bright

Bright #MDMC2128222

Listed
$950,000

Schools & Community

Elementary school: 

NORTH CHEVY CHASE

Middle school: 

SILVER CREEK

High school: 

BETHESDA-CHEVY CHASE

Community features: 

Sidewalks

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

$132,369
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$741,631
Cash to seller
$132,369

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

Seller’s Loan History

Lender

Genhome Mortgage Corp

Loan start date

July 2022

Original loan amount

$765,850

Est. remaining balance

$741,631

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Khalid Moutawakkil and Kawtar Moutawakkil

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: 10/05/2024 at 12:15 AM

Listing updated: 09/19/2024 at 9:27 PM

Listed by: Jennifer D Young, Keller Williams Chantilly Ventures, LLC Phone #: (703) 815-5700

MLS: Bright #MDMC2128222

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