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7203 Connecticut Avenue

7203 Connecticut Avenue, Chevy Chase, MD 20815
Sold Sep 27, 2017
$732,500
Sold Feb 21, 2014
$650,000
$520,000 by Wei Mortgage Corporation
Mortgage Due Mar 01, 2044
7203 Connecticut Avenue has been categorized by the local assessors in Chevy Chase, MD as a residential type of property. The building on the property was first built in 1956 and is 68 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7203 Connecticut Avenue has 1,707 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 270 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,001 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. The property was last sold in Aug 30, 2017 for $732,500. That's $509.74 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2014 for $650,000. 7203 Connecticut Avenue was last assessed in 2023. The total value of the property was assessed at $787,267. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,527. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 270
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,001
  • Total Building Area: 1,437
  • Gross Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,707
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEVY CHASE
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHEVY CHASE SEC 5

Ownership

  • Current Owner : NGUYEN GIA HAO
  • Current Owner 2: NGUYEN TWEE
  • Previous Owner : MORAN VICTOR
  • Owner Before Previous Owner: MOORE KEIKO H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 705100

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HN42
  • Account Number: 00469130
  • District: 07
  • Section: 5
  • Parcel: 07-00469130
  • Block: 2
  • Lot: 12
  • Municipality: SECTION 5 CHEVY CHASE
  • Latitude: 38.9827
  • Longitude: -77.0768

    Address

  • Full Address: 7203 Connecticut Ave
  • Address - House Number: 7203
  • Address - Street Name: Connecticut
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C005
  • 4-Digit Zip Code: 4931
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,527
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 1,137,564
  • High Value: 1,300,603
  • Low Value: 974,526

    Market Valuation

  • Market Total Value: $915,400
  • Market Land Value: $639,000
  • Market Improvement Value: $276,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,267

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Sep 27, 2017
  • Current Sale Transaction ID: 1397486619
  • Current Sale Price: $732,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 21, 2014
  • Previous Sale Contract Date: Feb 07, 2014
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 27, 2017
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: WEI MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Feb 21, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Chevy Chase



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Frequently Asked Questions

What neighborhood is 7203 Connecticut Avenue located in?
The 7203 Connecticut Avenue is a located in the neighborhood of Chevy Chase Section Five in Chevy Chase, Chevy Chase.
What is the average sales price for listings in 7203 Connecticut Avenue?
The average sales price for units in 7203 Connecticut Avenue is $749,000 currently.

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