NOT LISTED FOR SALE

16421 Equestrian Ln Derwood, MD 20855

Estimated Value: $1,365,000 - $1,566,000

5 Beds
4.5 Baths
7,485 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $1,280,000 $171 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,196/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • 2.35 Acre Lot
  • Curved or Spiral Staircase
  • Candlewood Elementary School Rated A
  • Open Floorplan
  • Traditional Architecture

About This Home

As of October 2021

This custom built home beautifully situated on a lot that backs to the Lake Needwood Reservoir. This home has been extremely well cared for. The beautiful brick front porch welcomes you as you come up the driveway to the ample parking area. The custom mahogany front door leaves you in a 2 story foyer with marble flooring. Step down in to the formal sitting room with wood burning fireplace, or venture into the formal dining room with custom molding work. The large kitchen is ready for whatever you wish! Features include a large island, stainless double wall ovens, a gas cooktop, dishwasher, double door refrigerator, ample cabinet storage, wet bar, a double door pantry and a cleverly concealed desk. Just off the kitchen is the laundry/mud room with washer & dryer sink and still more storage. step down from the kitchen and into the two story informal living area with gas fireplace. There is an additional living area/sunroom full of windows to enjoy the peace and tranquility of the backyard. This room opens on to a raised flagstone patio. All of this gives amazing views of the two-tiered pond with waterfall. Other main level features include a powder room and a primary suite carefully tucked away from the living area. Inside the primary suite you will find a linen closet, double walk-in closets separate shower and commode area, double sinks and deep soaking tub . There is two points of access to the 1st floor study, one from the primary suite, the other from sunroom. Take the curved staircase where you are greeted by an open walkway that views both the lower level living area and foyer. There are 2 bedrooms that share an updated pass through full bath with double vanity & linen closet. One of the bedrooms sharing bath features walk in closet. There are an additional 2 bedrooms and another updated full bath. Head down to the lower fully finished basement/lower level, there is plenty of closet space for storage in addition to the ample and finished storage room. Sizeable mirrored room perfect for a home gym/exercise area. There is a spacious living area with a bar, and there is an additional full bath! This is a true one of a kind home ready for you to make your own. Please follow all current CDC guidelines for showings. Listing agent will need to meet you for all showings. Please be sure to read showing instructions. Please do not drive up the driveway without a confirmed, scheduled appointment.

Last Agent to Sell the Property

June McMahon

Old Line Properties, LLC Listed on: 07/30/2021

Last Buyer's Agent

Christopher Miller

Samson Properties License #636958

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,189

Year Built

  • Built in 1989

Lot Details

  • 2.35 Acre Lot
  • Stone Retaining Walls
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Rear Basement Entry

Home Security

  • Monitored
  • Motion Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 160402480914

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,189

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: This custom built home beautifully situated on a lot that backs to the Lake Needwood Reservoir. This home has been extremely well cared for. The beautiful brick front porch welcomes you as you come up the driveway to the ample parking area. The custom mahogany front door leaves you in a 2 story foyer with marble flooring. Step down in to the formal sitting room with wood burning fireplace, or venture into the formal dining room with custom molding work. The large kitchen is ready for whatever you wish! Features include a large island, stainless double wall ovens, a gas cooktop, dishwasher, double door refrigerator, ample cabinet storage, wet bar, a double door pantry and a cleverly concealed desk. Just off the kitchen is the laundry/mud room with washer & dryer sink and still more storage. step down from the kitchen and into the two story informal living area with gas fireplace. There is an additional living area/sunroom full of windows to enjoy the peace and tranquility of the backyard. This room opens on to a raised flagstone patio. All of this gives amazing views of the two-tiered pond with waterfall. Other main level features include a powder room and a primary suite carefully tucked away from the living area. Inside the primary suite you will find a linen closet, double walk-in closets separate shower and commode area, double sinks and deep soaking tub . There is two points of access to the 1st floor study, one from the primary suite, the other from sunroom. Take the curved staircase where you are greeted by an open walkway that views both the lower level living area and foyer. There are 2 bedrooms that share an updated pass through full bath with double vanity & linen closet. One of the bedrooms sharing bath features walk in closet. There are an additional 2 bedrooms and another updated full bath. Head down to the lower fully finished basement/lower level, there is plenty of closet space for storage in addition to the ample and finished storage room. Sizeable mirrored room perfect for a home gym/exercise area. There is a spacious living area with a bar, and there is an additional full bath! This is a true one of a kind home ready for you to make your own. Please follow all current CDC guidelines for showings. Listing agent will need to meet you for all showings. Please be sure to read showing instructions. Please do not drive up the driveway without a confirmed, scheduled appointment.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Oven - Double, Oven - Wall, Stainless Steel Appliances, Washer
  • Interior Amenities: Breakfast Area, Crown Moldings, Curved Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Improved, Outside Entrance, Rear Entrance, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 7749
  • Living Area Sq Ft: 7485
  • Price Per Sq Ft: 258.58
  • Above Grade Finished Sq Ft: 4985
  • Below Grade Finished Sq Ft: 2500
  • Below Grade Sq Ft: 264
  • Total Below Grade Sq Ft: 2764
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16421

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Hardiplank Type
  • Exterior Features: Extensive Hardscape, Stone Retaining Walls, Underground Lawn Sprinkler
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System, Monitored, Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 563300.00
  • Land Assessed Value: 389200.00
  • Land Use Code: 011
  • Lot Size Acres: 2.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 102366.00
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13830587
  • Tax Annual Amount: 13189.00
  • Assessor Parcel Number: 160402480914
  • Tax Lot: 51
  • Tax Total Finished Sq Ft: 7485
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/04/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 4, 2021
Sold by
Mcmahon Alvera T and Joseph P Mcmahon Inter Vivos R
Bought by
Santos Jaime A and Santos Glenn
Seller's Agent
June McMahon
Old Line Properties, LLC
Buyer's Agent
Christopher Miller
Samson Properties
List Price
$1,289,000
Sold Price
$1,280,000
Premium/Discount to List
-$9,000
-0.7%
Current Estimated Value
$1,492,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,697
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,151,872
Outstanding Balance
$1,052,677
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$440,020

Purchase Details

Closed on
Apr 3, 2008
Sold by
Mcmahon Joseph P
Bought by
Mcmahon Joseph P Trustees

Purchase Details

Closed on
Mar 17, 2008
Sold by
Mcmahon Joseph P
Bought by
Mcmahon Joseph P Trustees

Purchase Details

Closed on
Jun 27, 2007
Sold by
Mcmahon Alvera T
Bought by
Mcmahon Joseph P

Purchase Details

Closed on
Jul 19, 2000
Sold by
Mcmahon Joseph P and Mcmahon T A
Bought by
Mcmahon Alvera T
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Santos Jaime A $1,280,000 National Capital T&E Llc
Mcmahon Joseph P Trustees -- --
Mcmahon Joseph P Trustees -- --
Mcmahon Joseph P -- --
Mcmahon Alvera T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Jaime A $200,000
Open Santos Jaime A $1,151,872
Previous Owner Mcmahon Joseph P $510,000
Previous Owner Mcmahon Joseph $588,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $1,280,000 -0.7% $171 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $1,289,000 -- $172 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $12,751 $1,137,567 -- --
2024 $12,751 $1,045,033 $0 $0
2023 $10,954 $952,500 $389,200 $563,300
2022 $10,466 $952,500 $389,200 $563,300
2021 $10,395 $952,500 $389,200 $563,300
2020 $25,791 $1,182,200 $389,200 $793,000
2019 $12,497 $1,148,400 $0 $0
2018 $12,139 $1,114,600 $0 $0
2017 $12,097 $1,080,800 $0 $0
2016 $11,663 $1,069,267 $0 $0
2015 $11,663 $1,057,733 $0 $0
2014 $11,663 $1,046,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2008096

Bright MLS

APN: 04-02480914