NOT LISTED FOR SALE

7020 Wick Ln Derwood, MD 20855

Estimated Value: $660,000 - $726,000

4 Beds
4 Baths
2,096 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $652,500 $311 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,230/month

5 Days on Market

Highlights

  • 0.47 Acre Lot
  • Colonial Architecture
  • Recreation Room
  • Candlewood Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2022

Renovated 4BR/2FB/2HB colonial with a two-car garage on a 1/2-acre lot in the much-desired neighborhood of Candlewood Park. Special Inside features include newly refinished hardwood flooring throughout most of the main and upper levels, new wood-like LVT flooring, new custom painting inside and out, new designer stamped-pattern carpeting, all new recessed lighting and lighting fixtures, remodeled stainless and granite kitchen, all new designer tile baths. Enormous exterior deck off of kitchen with lower level patio and firepit overlooking partially fenced bucolic rear yard. Concrete driveway and walkway to front stoop; entry to foyer with new wood-like LVT flooring, semi-flushmount light, and remodeled powder room; living room with tons of natural light flows into a separate dining room with new chandelier and bay window; renovated gourmet kitchen with new wood-like LVT flooring, modern cabinetry including pantry with roll-out shelves, granite countertops, stainless appliances, recessed task lighting, and commercial stainless steel prep/work table; breakfast room off of kitchen with new lighting and sliding glass door to deck; carpeted staircase to upper level hardwood hallway; primary bedroom suite with hardwood flooring, walk-in closet, ceiling fan, and all new renovated primary bath with designer tile; three additional bedrooms (all with hardwood flooring) and renovated hall bathroom on the upper level; walk-out lower level recreation room with new designer stamped-pattern carpeting, new recessed lighting, brick wood-burning fireplace with glass door and Heatilator, two back doors to outside patio, partially finished utility room with painted floors, two double-door game closets with light, storage built-ins, and laundry area for washer & dryer. Architectural shingle roof, double pane bronze-colored replacement windows, and two-car garage with rear shop addition and two doors to deck. Conveniently located a few blocks to Candlewood Elementary School and easy access to Rockville Pike and the I-270 corridor. Minutes to Rock Creek Regional Park and Lake Needwood. AGENT-OWNER

Last Agent to Sell the Property

Michael Rose

(301) 340-8700 mprose57@aol.com Rory S. Coakley Realty, Inc. License #502908 Listed on: 06/01/2022

Co-Listed By

Christopher Nagel

(301) 340-8700 nagel49@hotmail.com Rory S. Coakley Realty, Inc.

Last Buyer's Agent

Jeffrey Ganz

(301) 208-2288 agentganz@gmail.com Century 21 Redwood Realty License #0225102492

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1970

Lot Details

  • 0.47 Acre Lot
  • Partially Fenced Property
  • Property is in excellent condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Heatilator
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Candlewood Elementary School
  • Shady Grove Middle School
  • Col. Zadok A. Magruder High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Candlewood Park Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160400124947

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 1970

Lot Details

0

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
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Fireplace - Glass Doors, Heatilator, Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Recreation Room, Storage Room, Utility Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Hookup, Lower Floor
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2096
  • Price Per Sq Ft: 384.56
  • Above Grade Finished Sq Ft: 1664
  • Below Grade Finished Sq Ft: 432
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • 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 - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 361.78
  • 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

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Partially
  • Improvement Assessed Value: 156600.00
  • Land Assessed Value: 290500.00
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20662.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13814748
  • Tax Annual Amount: 5310.00
  • Assessor Parcel Number: 160400124947
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 23, 2022
Sold by
Rose Michael P
Bought by
Oyer Bradley and Oyer Melissa
Seller's Agent
Michael Rose
Rory S. Coakley Realty, Inc.
Buyer's Agent
Jeffrey Ganz
Century 21 Redwood Realty
List Price
$639,900
Sold Price
$652,500
Premium/Discount to List
$12,600
1.97%
Current Estimated Value
$696,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,327
Avg. Annual Appreciation
1.85%
Original Mortgage
$619,875
Outstanding Balance
$586,334
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,493

Purchase Details

Closed on
Apr 7, 2022
Sold by
Estela Flad Gilma
Bought by
Rose Michael P and Rose Patricia H

Purchase Details

Closed on
Oct 20, 2016
Sold by
Flad Gilma E and Flad Friedrich W
Bought by
Flad Gilma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oyer Bradley $652,500 First Class Title
Rose Michael P $475,000 First American Title
Flad Gilma E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyer Bradley $619,875
Previous Owner Flad Gilma E $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $652,500 +2.0% $311 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $639,900 -- $305 / Sq Ft
Source: Bright MLS

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 $6,383 $556,367 -- --
2024 $6,383 $501,733 $0 $0
2023 $6,423 $447,100 $290,500 $156,600
2022 $4,729 $442,800 $0 $0
2021 $4,618 $438,500 $0 $0
2020 $4,536 $434,200 $276,700 $157,500
2019 $4,462 $429,967 $0 $0
2018 $4,397 $425,733 $0 $0
2017 $4,428 $421,500 $0 $0
2016 -- $412,967 $0 $0
2015 $4,566 $404,433 $0 $0
2014 $4,566 $395,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2052854

Bright MLS

APN: 04-00124947