14817 Lake Terrace Rockville, MD 20853
Flower Valley NeighborhoodEstimated payment $5,274/month
Total Views
442
4
Beds
3
Baths
3,450
Sq Ft
$239
Price per Sq Ft
Highlights
- Popular Property
- Spa
- Recreation Room
- Flower Valley Elementary School Rated A
- Deck
- Wood Flooring
About This Home
Welcome to 14817 Lake Terrace, a beautifully renovated four-level split, graciously sited on a half-acre lot on a quiet double cul-de-sac in the sought-after Manor Lake neighborhood. Every inch of this home has been thoughtfully updated, featuring gleaming hardwood floors, newly installed recessed lighting, crown and decorative moldings, and multiple indoor and outdoor gathering spaces filled with natural light.
On the main level, you'll find an expanded, renovated kitchen with table space and direct patio access, perfect for easy entertaining. The living room features a large bay window, and the dining room opens through French doors to a generous back deck.
Upstairs, the owner's suite offers a spacious walk-in closet and an expanded full bathroom with double sinks and a separate soaking tub. Two additional bedrooms and a remodeled full bathroom complete the upper level.
The walk-out lower level includes a family room with a brick fireplace, a laundry room with an extra fridge and freezer, a guest room or office, and a full bathroom. The basement level adds even more flexible space for a recreation room or gym, plenty of storage, and access to a one-car garage.
Outside, the fully fenced backyard is a private haven with three large deck and patio areas for dining or relaxing, mature trees for shade and privacy, and even a treehouse (conveys as-is). A spacious private driveway provides off-street parking and room for play.
Additional updates include:
Newly installed security system (2025)
Appliances replaced (2019)
Roof replaced (2022)
Hot water heater replaced (2020)
Located just steps from the scenic trails around Lake Frank and Lake Needwood, with shopping centers, restaurants, parks, and recreational facilities all nearby. Easy access to Metro, the ICC, I-270, downtown Bethesda, and Washington, D.C.
About Manor Lake
Manor Lake is a well-established Rockville community known for its friendly feel, walkable trails, and quiet streets. It’s close to everything while offering a true sense of retreat. This neighborhood blends tranquility with convenience, connecting you easily to shopping, dining, nature, and major commuter routes.
Open House Schedule
-
Sunday, July 20, 20252:00 to 4:00 pm7/20/2025 2:00:00 PM +00:007/20/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,442
Year Built
- Built in 1969
Lot Details
- 0.5 Acre Lot
- Property is Fully Fenced
- Property is zoned R200
Parking
- 1 Car Direct Access Garage
- Basement Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Property has 4 Levels
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Brick Fireplace
- Bay Window
- French Doors
- Living Room
- Formal Dining Room
- Den
- Recreation Room
- Game Room
- Storage Room
- Wood Flooring
- Home Security System
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Range
- Stove
- Built-In Microwave
- Extra Refrigerator or Freezer
- Freezer
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Basement
- Connecting Stairway
- Interior Basement Entry
- Garage Access
Outdoor Features
- Spa
- Deck
- Patio
- Playground
- Play Equipment
Schools
- Flower Valley Elementary School
- Earle B. Wood Middle School
- Rockville High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Manor Lake Subdivision
Listing and Financial Details
- Tax Lot 78
- Assessor Parcel Number 160800753365
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,442 | $694,467 | $0 | $0 |
| 2023 | $7,105 | $640,333 | $0 | $0 |
| 2022 | $6,184 | $586,200 | $309,400 | $276,800 |
| 2021 | $6,062 | $580,100 | $0 | $0 |
| 2020 | $5,971 | $574,000 | $0 | $0 |
| 2019 | $5,888 | $567,900 | $309,400 | $258,500 |
| 2018 | $5,674 | $548,267 | $0 | $0 |
| 2017 | $5,463 | $528,633 | $0 | $0 |
| 2016 | -- | $509,000 | $0 | $0 |
| 2015 | $5,035 | $508,733 | $0 | $0 |
| 2014 | $5,035 | $508,467 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $825,000 | +40.1% | $239 / Sq Ft |
| 11/27/2019 11/27/19 | Sold | $589,000 | -2.6% | $223 / Sq Ft |
| 10/13/2019 10/13/19 | Price Changed | $605,000 | -2.3% | $229 / Sq Ft |
| 09/30/2019 09/30/19 | For Sale | $619,000 | -- | $234 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $589,000 | Kvs Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Closed | $530,100 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $254,250 | Stand Alone Second | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: MDMC2182474
APN: 08-00753365
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