$595 a month. I finally bought in 1989 for $95,000. Prices have gone as high as $289,000 and currently in May 2012, they just skirt $200,000. Best place in Bethesda. You are buying a lifestyle! Country Club lifestyle. Nestled on 22 acres, inside pool and great health club open from 5 a.m. to 10 pm. Spacious closets, halls, lovely balcony views. We currently have too many renters as heirs don't want to sell at a lower price. My apartment would rent for $1600 minimum. I have no mortgage and pay $900 a month which includes, utilities, cable, real estate taxes...you pay nothing more but private phone line and upgraded cable or Verizon services (we have both). Well managed, secure, beautiful grounds and a park-like setting with fantastic tennis courts, great restaurant, doctor offices, and a super Beauty Salon -- the New
Wave. It's a lifestyle and it's in Bethesda. Two buses serve the area for those wanting not to drive. Underground parking is available - free. No pets allowed and preferably no smokers!
For two bedrooms over the last ten years the value at The Promenade has gone from an average of $174,890 in 2000 to an average of $325,000 in 2009. This has seen 85.8% appreciation.
For two bedrooms over the last ten years the value at Whitley Park has gone from $278,000 in 2000 to an average of $382,500 in 2009. This has seen 37.6% appreciation.
Both places have had price drops over the last 2-3 years as has been the pattern for housing in general.
Hope that answers your questions. If you are interested in reviewing this or any other data further feel free to contact me through my website.
The prices have fallen off in the building with the market. That particular building is not walkable to the metro so the prices fell a bit lower. I think you will find that regardless of whether or not a building is a coop or a condo the prices decline and rise as to walkability to a metro in this area. It is a nice building overall and many love it there! I personally have always wanted to go swiming there!
I haven't had a buyer make a purchase here, but several have looked. This development has a lot to offer.