7022 Horizon Terrace Derwood, MD 20855
Estimated Value: $391,798 - $472,000
--
Bed
4
Baths
1,540
Sq Ft
$291/Sq Ft
Est. Value
About This Home
This home is located at 7022 Horizon Terrace, Derwood, MD 20855 and is currently estimated at $448,450, approximately $291 per square foot. 7022 Horizon Terrace is a home located in Montgomery County with nearby schools including Mill Creek Towne Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2013
Sold by
Martinez Efrain and Martinez Mirabelle P
Bought by
Martinez Mirabelee P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 1996
Sold by
Flowers Juanita T
Bought by
P Efrain and P Martinez M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Martinez Mirabelee P | -- | Passport Title Services Llc | |
P Efrain | $110,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martinez Mirabelle P | $129,700 | |
Closed | Martinez Mirabelee P | $163,000 | |
Closed | Martinez Mirabelle P | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,129 | $350,500 | $126,000 | $224,500 |
2024 | $4,129 | $327,767 | $0 | $0 |
2023 | $3,157 | $305,033 | $0 | $0 |
2022 | $2,751 | $282,300 | $120,000 | $162,300 |
2021 | $2,464 | $272,467 | $0 | $0 |
2020 | $2,464 | $262,633 | $0 | $0 |
2019 | $2,343 | $252,800 | $100,000 | $152,800 |
2018 | $2,324 | $251,367 | $0 | $0 |
2017 | $2,359 | $249,933 | $0 | $0 |
2016 | -- | $248,500 | $0 | $0 |
2015 | $1,790 | $235,533 | $0 | $0 |
2014 | $1,790 | $222,567 | $0 | $0 |
Source: Public Records
Map
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