NOT LISTED FOR SALE

7040 Wick Ln Derwood, MD 20855

Estimated Value: $673,000 - $740,000

4 Beds
2.5 Baths
1,894 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $530,000 $280 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,384/month

4 Days on Market

Highlights

  • 0.41 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Candlewood Elementary School Rated A
  • Traditional Floor Plan
  • Space For Rooms

About This Home

As of October 2020

Welcome Home to your stunning center hall colonial, sited on a beautiful .41 acre lot in the sought after community of Candlewood Park. Incredible interior features include: Open Floor Plan, Remodeled Kitchen granite counter tops, new cabinets and appliances replaced in 2017, Fresh Paint throughout, new light fixtures, wood floors, large custom walk-in closet in master bathroom, custom coat closet and guest bedrooms closets, wood burning fireplace, walk out basement, fenced in backyard on private lot. Minutes from Shady Grove Metro, ICC-200, I270, Restaurants and Shopping Centers galore - this one has it all!

Last Agent to Sell the Property

Kellie Plucinski

Long & Foster Real Estate, Inc. License #636172 Listed on: 08/19/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jay Wong

Lion Realty License #582480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Space For Rooms
  • Laundry in Basement

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Candlewood Park Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160400125543

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,183

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome Home to your stunning center hall colonial, sited on a beautiful .41 acre lot in the sought after community of Candlewood Park. Incredible interior features include: Open Floor Plan, Remodeled Kitchen granite counter tops, new cabinets and appliances replaced in 2017, Fresh Paint throughout, new light fixtures, wood floors, large custom walk-in closet in master bathroom, custom coat closet and guest bedrooms closets, wood burning fireplace, walk out basement, fenced in backyard on private lot. Minutes from Shady Grove Metro, ICC-200, I270, Restaurants and Shopping Centers galore - this one has it all!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Space For Rooms, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2837
  • Living Area Sq Ft: 1894
  • Price Per Sq Ft: 279.78
  • Above Grade Finished Sq Ft: 1894
  • Below Grade Sq Ft: 943
  • Total Below Grade Sq Ft: 943
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7040

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Sidewalks
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK 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: CANDLEWOOD
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 166700.00
  • Land Assessed Value: 269700.00
  • Land Use Code: 011
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13814795
  • Tax Annual Amount: 5183.00
  • Assessor Parcel Number: 160400125543
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1894
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/01/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 1, 2020
Sold by
Smith Richard Lee and Smith Mary Blandin
Bought by
Savchuk Alexander and Santiago Janelle
Seller's Agent
Kellie Plucinski
Long & Foster Real Estate, Inc.
Buyer's Agent
Jay Wong
Lion Realty
List Price
$529,900
Sold Price
$530,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$703,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,681
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Smith Richard Lee
Bought by
Smith Richard Lee and Smith Mary Blandin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2008
Sold by
Smith Richard L and Smith G N
Bought by
Smith Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
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
Savchuk Alexander $530,000 Jacquies Title Group
Smith Richard Lee -- Secu Title Services Llc
Smith Richard Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savchuk Alexander $500,000
Previous Owner Smith Richard Lee $368,000
Previous Owner Smith Richard Lee $100,000
Previous Owner Smith Richard Lee $270,000
Previous Owner Smith Richard Lee $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $530,000 0.0% $280 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $529,900 -- $280 / 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 $6,382 $501,600 $0 $0
2023 $6,577 $460,500 $283,200 $177,300
2022 $4,836 $452,467 $0 $0
2021 $3,941 $444,433 $0 $0
2020 $3,833 $436,400 $269,700 $166,700
2019 $4,492 $432,667 $0 $0
2018 $4,738 $428,933 $0 $0
2017 $4,471 $425,200 $0 $0
2016 $4,639 $416,667 $0 $0
2015 $4,639 $408,133 $0 $0
2014 $4,639 $399,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kellie Plucinski

    Seller's Agent in 2020

    Kellie Plucinski

    Long & Foster

    (240) 997-1497

    1 in this area

    162 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jay Wong

    Lion Realty

    (240) 899-7588

    1 in this area

    10 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC721764

Bright MLS

APN: 04-00125543

Maryland Montgomery County Derwood 20855

7040 Wick Ln, Derwood, MD

This home is located at 7040 Wick Ln, Derwood, MD 20855 since 19 August 2020 and is currently estimated at $703,681, approximately $371 per square foot. This property was built in 1978. 7040 Wick Ln is a home located in Montgomery County with nearby schools including Candlewood Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

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