NOT LISTED FOR SALE

7204 Mill Run Dr Derwood, MD 20855

Estimated Value: $672,303 - $704,000

5 Beds
3.5 Baths
2,494 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $603,000 $242 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,046/month

50 Days on Market

Highlights

  • 0.39 Acre Lot
  • Colonial Architecture
  • 1 Attached Carport Space
  • Mill Creek Towne Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Spacious, completely remodeled 3 story Colonial with an expansive screen porch addition and an oversized carport.
Resurfaced hardwood flooring on the main and upper levels. Gorgeous, remodeled kitchen equipped with tall cabinets
pantry, recessed lighting, fan, granite counters and new SS appliances.
Gorgeous family room with cozy wood burning fireplace, door to screen porch and sliders to the patio and
huge private back yard. Formal dining room overlooking beautiful backyard.
The primary suite at second floor has its own renovated full bath. 3 additional spacious bedrooms upstairs and
another renovated full bath.
The lower level finished with a huge recreation room, a bedroom/office and a full bathroom. It has ceramic tile floor
and a walkup stair to backyard. It is ideal for a home office or small business office. Huge laundry/storage room has
a lot of build-in shelves.
The oversized carport has extra space for small tractors or motorcycles. Guests can park cars on the parking pad or the long drive way.
The near half acre backyard with mature trees and Japanese maples is very private for you to enjoy all year round. You can taste a cup of coffee in the huge screen porch addition or have a BBQ party at the deck outside.
Ideally located to close to Shady Grove Metro, public transportation, shopping,
entertaining and more. Come see this great home and make it your own.

Last Agent to Sell the Property

Fu Lu

(240) 899-1041 fuluvu@gmail.com Libra Realty, LLC Listed on: 11/12/2021

Last Buyer's Agent

Omar Leon

(703) 589-8118 omar.leon780@gmail.com Fairfax Realty Select License #5509138

Fairfax Realty Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1964 | Remodeled in 2021

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R200

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Dining Area

Bedrooms and Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mill Creek Towne Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 160900787198

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,774

Year Built

Built in 1964 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-12
  • Year Built: 1964
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Dining Area
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Improved, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Sump Pump, Windows
  • Basement Finished Percent: 75.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2716
  • Living Area Sq Ft: 2494
  • Price Per Sq Ft: 319.97
  • Above Grade Finished Sq Ft: 1828
  • Below Grade Finished Sq Ft: 666
  • Below Grade Sq Ft: 222
  • Total Below Grade Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 244.78
  • 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
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 179000.00
  • Land Assessed Value: 215200.00
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17000.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13890939
  • Tax Annual Amount: 4774.00
  • Assessor Parcel Number: 160900787198
  • Tax Lot: 25
  • 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
Nov 12, 2021
Closed on
Jan 24, 2022
Sold by
Golden Fields Llc
Bought by
Avalos Mario E Martinez and Martinez Claudia C
Seller's Agent
Fu Lu
Libra Realty, LLC
Buyer's Agent
Omar Leon
Fairfax Realty Select
List Price
$584,900
Sold Price
$603,000
Premium/Discount to List
$18,100
3.09%
Current Estimated Value
$685,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,326
Avg. Annual Appreciation
3.29%
Original Mortgage
$592,078
Outstanding Balance
$548,057
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$137,269

Purchase Details

Closed on
Sep 13, 2021
Sold by
Lauman Denise K and Lauman Joseph C
Bought by
Golden Fields Llc

Purchase Details

Closed on
Oct 4, 2017
Sold by
Lauman Joseph C
Bought by
Lauman Joseph C and Lauman Denise K

Purchase Details

Closed on
Sep 11, 1995
Sold by
Oliver Donald T
Bought by
Lauman Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Avalos Mario E Martinez $603,000 Fidelity National Title
Golden Fields Llc $423,400 Closeline Settlements
Lauman Joseph C -- None Available
Lauman Joseph C $176,000 --
Lauman Joseph C $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Mario E Martinez $592,078
Previous Owner Lauman Joseph C $140,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $603,000 +3.1% $242 / Sq Ft
12/30/2021 12/30/21 For Sale $584,900 -3.0% $235 / Sq Ft
12/16/2021 12/16/21 Off Market $603,000 -- --
12/02/2021 12/02/21 Price Changed $584,900 0.0% $235 / Sq Ft
12/02/2021 12/02/21 For Sale $584,900 -3.0% $235 / Sq Ft
11/27/2021 11/27/21 Off Market $603,000 -- --
11/12/2021 11/12/21 For Sale $599,000 -- $240 / 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 $5,976 $547,433 -- --
2024 $5,976 $480,267 $0 $0
2023 $4,487 $413,100 $215,200 $197,900
2022 $4,205 $406,800 $0 $0
2021 $4,082 $400,500 $0 $0
2020 $3,987 $394,200 $215,200 $179,000
2019 $3,886 $386,367 $0 $0
2018 $3,799 $378,533 $0 $0
2017 $3,847 $370,700 $0 $0
2016 -- $368,567 $0 $0
2015 $3,986 $366,433 $0 $0
2014 $3,986 $364,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2022930

Bright MLS

APN: 09-00787198