Back B1/7503 Spring Lake Drive
Off Market

B1/7503 Spring Lake Drive

Potomac MD 20817

1
1
2
841 sq. ft.
Condo
Last sold for $285,030
Iram HashmiIram Hashmi, last sold this property on 05 April 2024 after 13 days on market.

Overview

Recently Renovated Fully Furnished 1 Bedroom 1 Bath Condo! Conveniently located a few blocks from Westfield Montgomery Mall and Bus Stop to Grosvenor Metro, A Few Minutes to I-495/I-270, and Cabin John Park! It?s close to everything but this property is nestled in a quiet street with no through traffic. This property features 2 Outdoor Sitting Areas! It has a spacious ground floor Patio with lush landscaping which gives you privacy. There is also a Large Private Balcony in the bedroom with wooded views. This property was fully gutted out with new plumbing and electrical wiring and all new lighting fixtures. The Kitchen wall was removed to give an open floor concept living space. The Kitchen has new White Cabinets, White Quartz counter tops, A new 8 ft Long Kitchen Island with contemporary pendant lighting, White Ceramic Arabesque Backsplash, and Stainless-Steel Appliances. The Bathroom is fully remodeled in White Marble Ceramic Tile throughout and a White Vanity. New Gray LVP Flooring was installed throughout which contrasts with the new Light Gray Paint throughout this property. The bedroom has a new remote controlled retractable ceiling fan/chandelier combo. The Living Room has a large Floor to Ceiling Window which gives this property a lot of lighting. This is a Pet-friendly community. Laundry Facilities and Storage Units are on the Lower Level of each Building. Garden Plots are available to rent. There are 2 Parking Spaces for each Unit. Condo Fees Include: Water, Gas, Heat, HVAC Maintenance & Replacement, Pool, Professional on-site Management, BBQ area, Tot Lot/Playground, Tennis, Walking/Jogging Trails, and Car Wash Stations. Condo fees are one of the lowest around this area. This property is staged to perfection, and it is being SOLD FULLY FURNISHED! This is a Must See!

Features

1 bedroom
1 bathroom
2 carspaces
841 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Potomac over the last 12 months, the estimated median property value of B1/7503 Spring Lake Drive is $217.45k.

Median value
$217.45k
Estimated value range
$190k - $264k
Median days on market
28
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Potomac. 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 B1/7503 Spring Lake Drive

2024
Sold
$285,030
05 Apr 2024 by Iram Hashmi, of Partners Real Estate

Happy sellers in Potomac

95%
95% of sellers in Potomac reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Potomac over the last 12 months.

Local market activity for 1 bedroom condos in Potomac

In the last 12 months, 8 one-bedroom condos similar to B1/7503 Spring Lake Drive, have been sold.

This represents a 57% increase in one-bedroom condos sales when compared to the previous 12 months.

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