NOT LISTED FOR SALE

5705 Avery Park Dr Derwood, MD 20855

Estimated Value: $1,119,000 - $1,216,000

4 Beds
4.5 Baths
5,396 Sq Ft
$219/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $905,000 $168 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,287/month

16 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 2.05 Acre Lot
  • Colonial Architecture
  • Sequoyah Elementary School Rated A
  • Open Floorplan
  • Premium Lot

About This Home

As of April 2021

Welcome to this ELEGANT, CLASSIC AND TIMELESS home poised to impress you! Nestled on a 2 acre property on a quiet street, beginning with an inviting foyer and an open floor plan. Enjoy the formal living and dining rooms flooded with abundant natural sunlight. The cozy family room features vaulted ceiling, carpeting and a fireplace. Main floor has a corner study with a beautiful view of the backyard. The gourmet kitchen features granite counters and brand new stainless steel appliances for a breezy meal prep experience. It is open to the sunlit breakfast area, with a view to the beautifully landscaped yard and patio. Retreat in comfort in the elegant owner's suite with a private luxury bath, and walk-in closet. The other upper-level bedrooms are very spacious with walk-in closets. The fully finished basement has a recreation room, study with built in shelves and a den ( could be used as a bedroom ) New Roof and HVAC system and freshly painted throughout the house makes this home move in ready. A beautiful patio and the huge backyard is perfect for entertainment/parties. Just minutes to Shady Grove Metro Station, The ICC, Georgia Avenue, Lake Needwood/ Lake Frank, and area shopping! Come fall in love!

Last Agent to Sell the Property

Saji Sebastian

RE/MAX Town Center Listed on: 03/15/2021

RE/MAX Town Center

Last Buyer's Agent

Christine Nieva

Deausen Realty

Deausen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,942

Year Built

  • Built in 1994

Lot Details

  • 2.05 Acre Lot
  • Landscaped
  • Premium Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned RE2

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Interior Basement Entry

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • Association fees include common area maintenance
  • Avery Park HOA
  • Avery Park Subdivision

Listing and Financial Details

  • Tax Lot P19
  • Assessor Parcel Number 160402895266

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,942

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-03-15
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this ELEGANT, CLASSIC AND TIMELESS home poised to impress you! Nestled on a 2 acre property on a quiet street, beginning with an inviting foyer and an open floor plan. Enjoy the formal living and dining rooms flooded with abundant natural sunlight. The cozy family room features vaulted ceiling, carpeting and a fireplace. Main floor has a corner study with a beautiful view of the backyard. The gourmet kitchen features granite counters and brand new stainless steel appliances for a breezy meal prep experience. It is open to the sunlit breakfast area, with a view to the beautifully landscaped yard and patio. Retreat in comfort in the elegant owner's suite with a private luxury bath, and walk-in closet. The other upper-level bedrooms are very spacious with walk-in closets. The fully finished basement has a recreation room, study with built in shelves and a den ( could be used as a bedroom ) New Roof and HVAC system and freshly painted throughout the house makes this home move in ready. A beautiful patio and the huge backyard is perfect for entertainment/parties. Just minutes to Shady Grove Metro Station, The ICC, Georgia Avenue, Lake Needwood/ Lake Frank, and area shopping! Come fall in love!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Cooktop, Dryer, Oven - Single, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Partially Carpeted
  • Interior Amenities: Built-Ins, Breakfast Area, Chair Railings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Store/Office, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Mantel(s), Screen, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Library, Foyer, Bedroom 1, Study, Recreation Room, Storage Room, Bathroom 1, Bathroom 2, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Improved, Interior Access, Fully Finished
  • Basement Finished Percent: 90.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 5748
  • Living Area Sq Ft: 5396
  • Price Per Sq Ft: 253.17
  • Above Grade Finished Sq Ft: 3551
  • Below Grade Finished Sq Ft: 1845
  • Below Grade Sq Ft: 352
  • Total Below Grade Sq Ft: 2197
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5705

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Shake
  • 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic, Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 17.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: AVERY PARK
  • 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

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 297100.00
  • Land Assessed Value: 345100.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Landscaping, Partly Wooded, Premium
  • Lot Size Acres: 2.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89298.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13908030
  • Tax Annual Amount: 7942.00
  • Assessor Parcel Number: 160402895266
  • Tax Lot: P19
  • Tax Total Finished Sq Ft: 4787
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 30, 2021
Sold by
Valluripalli Koteswara Rao and Valluripalli Jayaprada Devi
Bought by
Cox Cassiah and Cox Darin
Seller's Agent
Saji Sebastian
RE/MAX Town Center
Buyer's Agent
Christine Nieva
Deausen Realty
List Price
$915,000
Sold Price
$905,000
Premium/Discount to List
-$10,000
-1.09%
Current Estimated Value
$1,171,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,164
Avg. Annual Appreciation
5.41%
Original Mortgage
$814,500
Outstanding Balance
$748,016
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$386,505

Purchase Details

Closed on
Apr 19, 1999
Sold by
Feinstein Michael
Bought by
Valluripalli K R and Valluripalli J

Purchase Details

Closed on
Apr 7, 1994
Sold by
Nvr Homes Inc
Bought by
Feinstein Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,900
Interest Rate
7.27%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Cox Cassiah $905,000 Fidelity National Ttl Ins Co
Valluripalli K R $430,000 --
Feinstein Michael $455,125 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Cassiah $814,500
Previous Owner Valluripalli Koteswara R $308,000
Previous Owner Valluripalli Koteswara R $310,000
Previous Owner Valluripalli Koteswara R $175,000
Previous Owner Valluripalli Koteswara $417,000
Previous Owner Valluripalli Koteswara R $405,350
Previous Owner Valluripalli Jayaprada $50,000
Previous Owner Valluripalli Koteswara R $399,000
Previous Owner Valluripalli Koteswara R $400,000
Previous Owner Valluripalli Koteswara R $400,000
Previous Owner Feinstein Michael $363,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $905,000 +0.7% $168 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $899,000 -1.7% $167 / Sq Ft
03/19/2021 03/19/21 For Sale $915,000 +1.1% $170 / Sq Ft
03/15/2021 03/15/21 Off Market $905,000 -- --
03/15/2021 03/15/21 For Sale $915,000 -- $170 / 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
2024 $10,290 $831,300 $0 $0
2023 $7,379 $642,200 $345,100 $297,100
2022 $7,041 $642,200 $345,100 $297,100
2021 $6,974 $642,200 $345,100 $297,100
2020 $7,475 $690,800 $345,100 $345,700
2019 $7,250 $672,533 $0 $0
2018 $7,054 $654,267 $0 $0
2017 $6,973 $636,000 $0 $0
2016 $7,322 $623,800 $0 $0
2015 $7,322 $611,600 $0 $0
2014 $7,322 $599,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC746398

Bright MLS

APN: 04-02895266