NOT LISTED FOR SALE

7000 Cynthia Ln Derwood, MD 20855

Estimated Value: $508,000 - $640,328

3 Beds
2 Baths
1,600 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $390,000 $244 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,455/month

15 Days on Market

Highlights

  • View of Trees or Woods
  • 0.65 Acre Lot
  • Open Floorplan
  • Sequoyah Elementary School Rated A
  • Private Lot
  • Partially Wooded Lot

About This Home

As of December 2020

INVESTOR ALERT! Golden opportunity to renovate or develop a large corner property in the much sought-after community of Redland Estates. This rambler has 3BR, 2BA, a full basement, detached garage and large back yard...a perfect fix and flip opportunity or long term-hold. Sold strictly AS-IS do not miss the spacious yard and additional land totaling roughly .75 acres. Convenient commute to points north and south. Just minutes to shops and restaurants, parks and trails, I-270, and more. Don't miss this rare find at an incredible price to make it yours today

Last Agent to Sell the Property

Katharine Christofides

CENTURY 21 New Millennium Listed on: 10/19/2020

CENTURY 21 New Millennium

Last Buyer's Agent

Deborah Clark

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1964

Lot Details

  • 0.65 Acre Lot
  • No Through Street
  • Private Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back and Side Yard
  • Additional Land
  • Brook Grove Inheritance 3472/109 Conveys with the sale of this home. Total acreage of both lots equals .75 acre.
  • Property is zoned R200

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Surface Parking

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Shed
  • Porch

Schools

  • Sequoyah Elementary School
  • Redland Middle School
  • Col. Zadok A. Magruder High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Redland Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160100004543

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,458

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: INVESTOR ALERT! Golden opportunity to renovate or develop a large corner property in the much sought-after community of Redland Estates. This rambler has 3BR, 2BA, a full basement, detached garage and large back yard...a perfect fix and flip opportunity or long term-hold. Sold strictly AS-IS do not miss the spacious yard and additional land totaling roughly .75 acres. Convenient commute to points north and south. Just minutes to shops and restaurants, parks and trails, I-270, and more. Don't miss this rare find at an incredible price to make it yours today
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Carpet, Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 323.08
  • Above Grade Finished Sq Ft: 1300
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7000

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Spa: No
  • View: Garden/Lawn, Trees/Woods
  • 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
  • Parking Features: Surface, Private, Paved Parking
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SEQUOYAH
  • Middle School: REDLAND
  • High School: COL. ZADOK A. MAGRUDER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: SEQUOYAH
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: REDLAND

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Brook Grove Inheritance 3472/109 Conveys with the sale of this home. Total acreage of both lots equals .75 acre.
  • Land Use Code: 011
  • Lot Features: Additional Lot(s), Backs To Trees, Cleared, No Thru Street, Partly Wooded, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28188.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 4458.00
  • Assessor Parcel Number: 160100004543
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 28, 2020
Sold by
Hyatt Quentin D
Bought by
Mourao Ricardo S and Mourao Armindo V
Seller's Agent
Katharine Christofides
CENTURY 21 New Millennium
Buyer's Agent
Deborah Clark
EXP Realty, LLC
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Current Estimated Value
$555,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,082
Avg. Annual Appreciation
7.07%
Original Mortgage
$351,000
Interest Rate
2.7%
Mortgage Type
Commercial
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
Mourao Ricardo S $390,000 Gemini Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mourao Ricardo $366,300
Closed Mourao Ricardo S $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $390,000 -7.1% $244 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $420,000 -- $263 / 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 $5,173 $443,100 -- --
2024 $5,173 $410,500 $0 $0
2023 $4,773 $377,900 $186,200 $191,700
2022 $4,578 $377,900 $186,200 $191,700
2021 $4,525 $377,900 $186,200 $191,700
2020 $7,655 $379,700 $227,200 $152,500
2019 $7,534 $375,567 $0 $0
2018 $3,721 $371,433 $0 $0
2017 $3,693 $367,300 $0 $0
2016 $4,172 $355,133 $0 $0
2015 $4,172 $342,967 $0 $0
2014 $4,172 $330,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katharine Christofides

    Seller's Agent in 2020

    Katharine Christofides

    Century 21 New Millennium

    (202) 415-9475

    3 in this area

    310 Total Sales

    Section Image
  • Deborah Clark

    Buyer's Agent in 2020

    Deborah Clark

    EXP Realty, LLC

    (301) 404-0592

    1 in this area

    57 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC725744

Bright MLS

APN: 01-00004543

Maryland Montgomery County Derwood 20855

7000 Cynthia Ln, Derwood, MD

This home is located at 7000 Cynthia Ln, Derwood, MD 20855 since 19 October 2020 and is currently estimated at $555,082, approximately $346 per square foot. This property was built in 1964. 7000 Cynthia Ln is a home located in Montgomery County with nearby schools including Sequoyah Elementary School, Redland Middle School, and Col. Zadok Magruder High School.

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