$641,000
SOLD AUG 16, 2024

17718 Phelps Hill Ln Derwood, MD 20855

3 Beds
4 Baths
2,208 Sq Ft
$162/mo HOA Fee

Recently Sold

$290 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Bay Window
  • Mill Creek Towne Elementary School Rated A
  • 2 Car Direct Access Garage
  • Crown Molding

About This Home

As of August 2024

BEAUTIFUL, spacious, move-in ready townhome with lots of upgrades located in Redland Estates- It was built in 2008 and is conveniently located on the only open space in the community. Just minutes away from the major highways, shops, parks, bank and restaurants. Come take a look at this fully above ground over 2200 sqfts with 3 level, 3 bedroom, 2 full bath and 2 half bath. 2 car attached garage with driveway for 2 cars. Many upgrades includes lot premium, deck off the kitchen, open floor plan with island kitchen, bay window, bump out kitchen, new wood floor, upgraded bathroom w/frameless shower glass and more. New roof (6/2024). Must see.

Last Agent to Sell the Property

Sang Lee

(240) 426-7753 mtaemin@gmail.com Fairfax Realty 50/66 LLC License #0225079029 Listed on: 07/25/2024

Fairfax Realty 50/66 LLC

Last Buyer's Agent

Edwin Escarraman

(301) 219-7185 edwin.e@compass.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 2008

Lot Details

  • 1,473 Sq Ft Lot
  • Southeast Facing Home

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Bay Window
  • Dining Area
  • Carpet
  • Kitchen Island
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Garage Access
  • Sump Pump
  • Basement Windows

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 160103555057

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • The Fraley's Green HOA
  • Redland Estates Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,992

Year Built

Built in 2008

Lot Details

0

HOA Fees

$162 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: BEAUTIFUL, spacious, move-in ready townhome with lots of upgrades located in Redland Estates- It was built in 2008 and is conveniently located on the only open space in the community. Just minutes away from the major highways, shops, parks, bank and restaurants. Come take a look at this fully above ground over 2200 sqfts with 3 level, 3 bedroom, 2 full bath and 2 half bath. 2 car attached garage with driveway for 2 cars. Many upgrades includes lot premium, deck off the kitchen, open floor plan with island kitchen, bay window, bump out kitchen, new wood floor, upgraded bathroom w/frameless shower glass and more. New roof (6/2024). Must see.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Window Features: Bay/Bow
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Garage Access, Interior Access, Sump Pump, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2703
  • Living Area Sq Ft: 2208
  • Price Per Sq Ft: 346.79
  • Above Grade Finished Sq Ft: 1808
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 495
  • Total Below Grade Sq Ft: 895
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17718

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: Brick, Vinyl Siding
  • Roof: Architectural Shingle
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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 Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA Name: THE FRALEY'S GREEN
  • HOA: Yes
  • Senior Community: 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: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1473.00
  • Year Assessed: 2024
  • Zoning: RT12.
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5992.00
  • Assessor Parcel Number: 160103555057
  • Tax Lot: 44
  • Tax Total Finished Sq Ft: 2208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/16/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 15, 2024
Sold by
Lee Chang S
Bought by
Wimsatt Kenneth Edward and Wimsatt Rene Denise
Seller's Agent
Sang Lee
Fairfax Realty 50/66 LLC
Buyer's Agent
Edwin Escarraman
Compass
List Price
$627,000
Sold Price
$641,000
Premium/Discount to List
$14,000
2.23%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.46%
Original Mortgage
$301,270
Outstanding Balance
$297,874
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$325,340

Purchase Details

Closed on
Feb 26, 2009
Sold by
Ba Fraley Llc
Bought by
Lee Chang S
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Deed $641,000 Old Republic National Title In
Deed $641,000 Old Republic National Title In
Deed $399,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,270 New Conventional
Closed $301,270 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Price Changed $619,900 -3.1% $281 / Sq Ft
07/10/2025 07/10/25 For Sale $639,900 -0.2% $290 / Sq Ft
08/16/2024 08/16/24 Sold $641,000 +2.2% $290 / Sq Ft
07/25/2024 07/25/24 For Sale $627,000 -- $284 / 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 $5,723 $499,300 -- --
2024 $5,723 $464,200 $0 $0
2023 $5,992 $429,100 $140,000 $289,100
2022 $4,366 $426,833 $0 $0
2021 $4,225 $424,567 $0 $0
2020 $4,225 $422,300 $150,000 $272,300
2019 $4,134 $415,167 $0 $0
2018 $4,055 $408,033 $0 $0
2017 $4,057 $400,900 $0 $0
2016 $4,084 $371,700 $0 $0
2015 $4,084 $342,500 $0 $0
2014 $4,084 $313,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2141682

Bright MLS

APN: 01-03555057