Art Deco, Contemporary
7505 DEMOCRACY BOULEVARD A430
BETHESDA, MD 20817
MLS#: MDMC2236598
$195,000
Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1960
Sq.Footage
624
Arguably the best one-bedroom condo value in Bethesda, with the current monthly ownership cost beating rent. Set within an established community neighboring the exciting Montgomery Mall town center redevelopment, this is a compelling opportunity for both owner-occupants and investors alike. Just updated with fresh paint and new carpet, this move-in-ready residence is ideally positioned in one of the community’s quieter buildings, nestled into to the natural beauty of Cabin John Park & backing to the "Lake". This specific unit shares 1/2 as many unit walls with others, creating a more private and peaceful living experience. South-facing exposure fills the home with natural light throughout the day, while the flexible floor plan offers immediate comfort with the opportunity to personalize over time through simple, low-cost, high-impact updates. Whether you’re searching for a primary residence or a turnkey investment property, this condo offers exceptional versatility and long-term potential. Additional highlights include a large private storage unit conveniently located one floor above and a wide range of community amenities designed for easy everyday living, including indoor bike storage, pool and tennis facilities, beautifully maintained grounds, on-site management, and utility carts for grocery runs. The all-inclusive condo fee covers electric, heat, air conditioning, parking for you & guests, private storage, bike storage, and amenity access — delivering outstanding value and convenience in one of Bethesda’s most connected and evolving locations. Estimated ownership cost is less than renting a comparable unit, with ownership running approximately $1,650/month all-in (including principal, interest, taxes, insurance, condo fees, parking, storage, and utilities - based on 80% financing at 7% interest over 30 years). Potential for mult-unit transfer/2 units for investor, ask for more info.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
624.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Central
-
Main Level Bedrooms
1
-
Pet friendly
Cats OK, Yes
Exterior
-
Garage
No
-
Construction Materials
Brick, Block
-
Other Exterior Features
Barbecue, Tennis Court(s), Lighting
-
Parking
Off Street, Parking Lot
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Art Deco, Contemporary
Price
-
Sales Price
$195,000
-
Tax Amount
$1,956
-
Zoning
U Residential Condominium
-
Sq. Footage
624
-
Price/SqFt
$312
HOA
-
Association
Yes
-
Association Fee 2
$437.45
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
ASHBURTON
-
Middle School
NORTH BETHESDA
-
High School
WALTER JOHNSON
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Elevator Installed
-
Association Amenities
Meeting Room, Party Room, Picnic Area, Tennis Court(s), Basketball Court, Elevator(s), Laundry, Sport Court
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
ASHBURTON
Middle School
NORTH BETHESDA
High School
WALTER JOHNSON
Listing Courtesy of Amanda M Lasko , TTR Sotheby's International Realty
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