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5630 Wisconsin Ave #1403, Chevy Chase, MD 20815
5630 Wisconsin Ave #1403, Chevy Chase, MD 20815
5630 Wisconsin Ave #1403, Chevy Chase, MD 20815
5630 Wisconsin Ave #1403, Chevy Chase, MD 20815

Price: $4,895,000
5630 Wisconsin Ave #1403, Chevy Chase, MD 20815

MLS #: MDMC746178
Tax ID #: 160703254697
Ownership Interest: Condominium
Association: Condo/Coop
Unit Entry Floor: 1,403
Structure Type: Unit/Flat/Apartment
Levels/Stories: 1
Furnished: No
Unit Building Type: Hi-Rise 9+ Floors
Waterfront: No
Views: Scenic Vista
Garage: No
Beds: 3
Baths: 4 / 1
Above Grade Fin SQFT: 5,086 / Assessor
Price / Sq Ft: 962.45
Year Built: 1999
Property Condition: Very Good
Style: Contemporary
Central Air: No
Basement: No

Public: NEW PRICE AT PARC SOMERSET! Rarely does a condominium as special as this one become available. One of only three large units in prestigious Parc Somerset, this original floor plan has almost 5100 sq. ft. of interior space and additional outdoor space with two covered balconies. Exquisitely designed for the present owners to the highest standard, extensive marble, millwork, special lighting and interesting architectural details make this a standout.The floor plan is perfect for large scale formal entertaining as well as more informal living. The living room is large accommodating multiple seating areas with a fireplace surrounded by built-ins and with access to a covered balcony. Across the gallery from the living room is a large dining room with two sliding glass doors to a second covered balcony. For more informal living there is both a family room and library, each with access to the covered balcony. The library is warm and inviting with outstanding millwork that resembles Biedermeier vintage furniture with closets and bookshelves. The family room can also be converted to a fourth bedroom and Is plumbed for a fifth full bath. In addition to the master suite, there are two bedrooms, each with ensuite full bathrooms. The master suite will appeal to the most discerning purchaser, with two full bathrooms with distinctive details and two large organized walk-in closets. The Master Bedroom is large with a wall of organized closets also with access to the covered balcony. The exercise room can be used as an office, study or sitting room.Building amenities include an elegant entrance with 24/7 desk, separate sitting area and party area/card room off the lobby as well as tennis courts, two swimming pools, both indoor and outdoor, gym, additional room for classes, handball courts and boardroom. Valet parking for residents and guests is available. Conveying are three garage spaces and a large storage space.Ideally located in the heart of Chevy Chase, close to restaurants, Mazza Galleria, and Metro, area residents are in close proximity to downtown Washington.

LIST OF BLOGS

Make Your Home Offer the Most Appealing

Sales in February 2023 were up 14.5% month over month and still down 22.6% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.2% to $363,000 and there are 2.6 months supply of homes on the market compared to 1.7 months a year ago....

A New Perspective on the Housing Market

The housing market in 2021 and part of 2022 was anything but normal. Mortgage rates were at all time lows and may never reach those levels again. Double-digit appreciation drove prices to new heights. Low inventories fueled by high buyer demand made multiple offers a...

Rethinking Backup Offers

Like with any professional, there are tools and techniques available to help with particular situations. They might be more popular at certain times and might even be put aside or forgotten at others. For real estate professionals, one of those is the backup offer. In...

Playing Monopoly Is Good Homework

If you've ever been in a Monopoly game after most of the properties have been purchased and developed, it can be a relief to land on Free Parking, knowing the dice must rotate to the next player giving you a respite from paying rent. Like the game, in real life, it...

Getting Comfortable with the New Normal Mortgage Rates

The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately 15 million mortgage ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage...

When do you lock your mortgage rate?

Locking your interest rate protects you from increases due to market conditions. Locking early safeguards your budgeted payment. By locking the rate, if the market goes up, you get the lower rate; if it goes down after the lock, you may be able to pay a fee and lower...

Get the Buyer Incentives to Act Now

Sellers, who last year, were not willing to make any concessions, are much more likely to do so this year due to the softening of the market because of inflation and higher mortgage rates affecting affordability for buyers. Concessions can take place in different...

Compare Before Deciding on the Standard Deduction

The TCJA of 2019 dramatically increased the standard deduction so that many homeowners benefit from taking that rather than itemizing their deductions. Taking the standard deduction may result in a larger deduction even if you have no expenses that qualify for...

Negotiate a Buydown to Get into a Home Now

If you are a prospective homebuyer, things have changed in the past year. Most notably, mortgage rates have more than doubled which has created an affordability gap that has taken approximately 15 million buyers out of the market. Inventories are growing but it isn't...

If you’re on the sidelines, at least get ready…

If you're on the sidelines to buy a home, there are things you can do to be ready when you do get back in the game. Improve your credit score to qualify for the best mortgage rate available which are reserved for those with the highest scores. Get a copy of your...

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Rethinking Backup Offers

Like with any professional, there are tools and techniques available to help with particular...

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