NOT LISTED FOR SALE

17622 Phelps Hill Ln Derwood, MD 20855

Estimated Value: $628,000 - $656,000

3 Beds
4 Baths
2,149 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $635,918 $296 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,140/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Breakfast Area or Nook
  • Mill Creek Towne Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of July 2024

Rarely available 3-bedroom, 2-full, 2-half bath end unit luxurious townhome in the sought-after Fraley’s Green neighborhood, featuring a rear deck and with stunning tree-lined views! This light-filled home boasts beautifully refinished hardwood floors, crown molding, custom trim, and high-end finishes throughout all three levels.

The gourmet kitchen features lovely cabinetry, granite countertops, a tiled backsplash, all stainless steel appliances, gas cooking, and a breakfast bar. The open layout of the dining and living areas, complete with a conveniently located powder room, is perfect for entertaining guests.

This home is an outdoor lover’s dream, offering outdoor entertaining spaces. Host a summer BBQ on the low-maintenance Trex rear deck or enjoy a morning coffee on to admire overlooking the courtyard views.

When ready to relax, head upstairs to the luxurious Owner's suite with a walk-in closet, and a bath with vanity, a white tiled stand-up shower, and Two additional spacious bedrooms with hardwood floors, a second full bath, with ceramic floor and a laundry room with built-in cabinets complete the upper level.

The large lower-level walkout multi-purpose room with door, extra storage space, and a beautifully half-bath is perfect for an in-home office, kids’ playroom, or additional family room. Enjoy access to a community green space area, including a gazebo and walking paths.

The attached 2-car garage with driveway provides off-street parking for up to 4 cars, plus ample guest parking. The home features a new roof (2022)!

Located just steps from CVS, multiple restaurants, European Market, and Laytonia Recreational Park for sports and outdoor fun. It's less than a 10-minute drive to the Shady Grove metro (red line), RIO Lakefront, and downtown Crown for endless shopping, dining, and entertainment options. Don’t miss this opportunity!

Last Agent to Sell the Property

Ken Venkatesh

RE/MAX Realty Services Listed on: 05/25/2024

RE/MAX Realty Services

Last Buyer's Agent

Annette Torchinsky

Long & Foster Real Estate, Inc. License #653860

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 2009

Lot Details

  • 2,302 Sq Ft Lot

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Family Room
  • Dining Room
  • Recreation Room
  • Wood Flooring
  • Dryer
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • Association fees include all ground fee, trash, common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, snow removal
  • Fraleys Green Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 160103555148

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,328

Year Built

Built in 2009

Lot Details

0

HOA Fees

$162 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely available 3-bedroom, 2-full, 2-half bath end unit luxurious townhome in the sought-after Fraley’s Green neighborhood, featuring a rear deck and with stunning tree-lined views! This light-filled home boasts beautifully refinished hardwood floors, crown molding, custom trim, and high-end finishes throughout all three levels. The gourmet kitchen features lovely cabinetry, granite countertops, a tiled backsplash, all stainless steel appliances, gas cooking, and a breakfast bar. The open layout of the dining and living areas, complete with a conveniently located powder room, is perfect for entertaining guests. This home is an outdoor lover’s dream, offering outdoor entertaining spaces. Host a summer BBQ on the low-maintenance Trex rear deck or enjoy a morning coffee on to admire overlooking the courtyard views. When ready to relax, head upstairs to the luxurious Owner's suite with a walk-in closet, and a bath with vanity, a white tiled stand-up shower, and Two additional spacious bedrooms with hardwood floors, a second full bath, with ceramic floor and a laundry room with built-in cabinets complete the upper level. The large lower-level walkout multi-purpose room with door, extra storage space, and a beautifully half-bath is perfect for an in-home office, kids’ playroom, or additional family room. Enjoy access to a community green space area, including a gazebo and walking paths. The attached 2-car garage with driveway provides off-street parking for up to 4 cars, plus ample guest parking. The home features a new roof (2022)! Located just steps from CVS, multiple restaurants, European Market, and Laytonia Recreational Park for sports and outdoor fun. It's less than a 10-minute drive to the Shady Grove metro (red line), RIO Lakefront, and downtown Crown for endless shopping, dining, and entertainment options. Don’t miss this opportunity!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric
  • Interior Amenities: Breakfast Area, Chair Railings, Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Recreation Room, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Total Sq Ft: 2703
  • Living Area Sq Ft: 2149
  • Price Per Sq Ft: 351.21
  • Above Grade Finished Sq Ft: 1808
  • Below Grade Finished Sq Ft: 341
  • Below Grade Sq Ft: 554
  • Total Below Grade Sq Ft: 895
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17622

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 162.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Trash, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2302.00
  • Year Assessed: 2024
  • Zoning: RT12.
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5328.00
  • Assessor Parcel Number: 160103555148
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 2149
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/08/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jul 8, 2024
Sold by
Latha K Nagarajan Revocable Trust and Nagarajan Latha K
Bought by
Allah-Mensah Beatrix
Seller's Agent
Ken Venkatesh
RE/MAX Realty Services
Buyer's Agent
Annette Torchinsky
Long & Foster Real Estate, Inc.
List Price
$669,000
Sold Price
$635,918
Premium/Discount to List
-$33,082
-4.94%
Views
38
Current Estimated Value
$641,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,101
Avg. Annual Appreciation
0.71%
Original Mortgage
$585,000
Outstanding Balance
$578,531
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$62,464

Purchase Details

Closed on
Aug 16, 2010
Sold by
Magarajan Latha
Bought by
Nagarajan Latha
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
Allah-Mensah Beatrix $635,918 Fidelity National Title
Nagarajan Latha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allah-Mensah Beatrix $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $635,918 +0.1% $296 / Sq Ft
05/31/2024 05/31/24 Price Changed $634,990 -5.1% $295 / Sq Ft
05/25/2024 05/25/24 For Sale $669,000 -- $311 / 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 $5,836 $516,567 -- --
2024 $5,836 $474,033 $0 $0
2023 $4,636 $431,500 $140,000 $291,500
2022 $4,397 $429,667 $0 $0
2021 $4,958 $427,833 $0 $0
2020 $4,958 $426,000 $150,000 $276,000
2019 $4,868 $419,000 $0 $0
2018 $4,791 $412,000 $0 $0
2017 $4,795 $405,000 $0 $0
2016 $4,116 $375,333 $0 $0
2015 $4,116 $345,667 $0 $0
2014 $4,116 $316,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2133794

Bright MLS

APN: 01-03555148