Back 2-407/5802 Nicholson Lane
Off Market

2-407/5802 Nicholson Lane

North Bethesda MD 20852

2
2
2
1335 sq. ft.
Condo
Last sold for $430,000
Robert JenetsRobert Jenets, last sold this property on 31 July 2025 after 58 days on market.

Overview

SIGNIFICANT PRICE IMPROVEMENT!! Modern, gated community within .4 mile of the North Bethesda Metro! This elegant building is near every convenience you could want. This two bedroom, two bath unit has 2-zoned HVAC for ideal temperature control of the living area and the bedrooms. Full sized washer and dryer in the unit and a balcony make this a highly desirable home. There are two separately deeded parking spaces (one covered and an assigned outside space) that convey with the property at this price! Wow!

The property is in good condition but is being sold "AS-IS" by the estate. This bargain price takes into account the likelihood of some minor upgrades, which makes it a great opportunity. The intrinsic value of the location, design, quality of the building and amenities are undeniable. This one deserves your consideration as an excellent investment and a lovely place to live.

Features

2 bedrooms
2 bathrooms
2 carspaces
1 garage space
1335 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in North Bethesda over the last 12 months, the estimated median property value of 2-407/5802 Nicholson Lane is $425k.

Median value
$425k
Estimated value range
$157.5k - $1.32m
Median days on market
31
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in North Bethesda. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2-407/5802 Nicholson Lane

2025
Sold
$430,000
31 Jul 2025 by Robert Jenets, of Stuart & Maury, Inc.

Happy sellers in North Bethesda

94%
94% of sellers in North Bethesda reported that their sale price either exceeded or met their price expectations.

North Bethesda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in North Bethesda over the last 12 months.

Local market activity for 2 bedroom condos in North Bethesda

In the last 12 months, 120 two-bedroom condos similar to 2-407/5802 Nicholson Lane, have been sold.

This represents a 34% increase in two-bedroom condos sales when compared to the previous 12 months.

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