$717,500
SOLD MAY 5, 2016

7216 Deer Lake Ln Derwood, MD 20855

4 Beds
4.5 Baths
1,995 Sq Ft
0.44 Acres

Recently Sold

$360 Per Sq Ft

1% Below List Price

Highlights

  • 0.44 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Candlewood Elementary School Rated A
  • Rambler Architecture
  • 2 Fireplaces

About This Home

As of April 2020

Over improved home! Sellers loss is your gain! Floor to ceiling, high end renovation. Luxury Spa Master BAw/ skylight, brand new oversized Anderson windows and sliding glass doors, custom moldings, solid H/W doors/closets, high end Porcelanosa kitchen w/ Miele appls. Every BR has its own full BA. Lower level, dual walkout basement. Walk to Metro and beautiful Rock Creek Regional Park/Lake Needwood

Last Agent to Sell the Property

Aret Koseian

Artifact Homes License #0225219647 Listed on: 04/05/2016

Last Buyer's Agent

Timothy Harper

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,171

Year Built

  • Built in 1986

Lot Details

  • 0.44 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • 2 Fireplaces
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Workshop
  • Storage Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump
  • Basement Windows

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision, Contemporary Rambler Floorplan

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160402463453

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,171

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-04-05
  • Year Built: 1986
  • Remarks Public: Over improved home! Sellers loss is your gain! Floor to ceiling, high end renovation. Luxury Spa Master BAw/ skylight, brand new oversized Anderson windows and sliding glass doors, custom moldings, solid H/W doors/closets, high end Porcelanosa kitchen w/ Miele appls. Every BR has its own full BA. Lower level, dual walkout basement. Walk to Metro and beautiful Rock Creek Regional Park/Lake Needwood
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Double, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Storage Room, Workshop
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Sump Pump, Daylight, Full, Fully Finished, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Street Number Modifier: 7216

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stone, Concrete, Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • 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: Garage
  • Garage Features: Basement Garage, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK A. MAGRUDER
  • School District Key: 121138126809
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Improvement Assessed Value: 288800.00
  • Land Assessed Value: 246800.00
  • Lot Size Acres: 0.44
  • Lot Size Area: 19040
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19040.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807799
  • Tax Annual Amount: 6171.14
  • Assessor Parcel Number: 160402463453
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1995
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/05/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 30, 2020
Sold by
Exar Elliott N and Exar Valerie C
Bought by
Clark Mark A and Clark Cynthia D
Seller's Agent
Timothy Harper
Long & Foster Real Estate, Inc.
Buyer's Agent
Ann Joliet
RE/MAX Realty Centre, Inc.
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$975,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,916
Avg. Annual Appreciation
5.27%
Original Mortgage
$580,000
Outstanding Balance
$408,662
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$544,753

Purchase Details

Listed on
Apr 5, 2016
Closed on
May 5, 2016
Sold by
Poochikian Sevag Anthony
Bought by
Exar Elliott N and Exar Valerie C
Seller's Agent
Aret Koseian
Artifact Homes
Buyer's Agent
Timothy Harper
Long & Foster Real Estate, Inc.
List Price
$725,000
Sold Price
$717,500
Premium/Discount to List
-$7,500
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.26%
Original Mortgage
$222,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2009
Sold by
Rafijah Massoud
Bought by
Poochikian Sevag Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Bedard Leila M
Bought by
Rafijah Massoud and Rafijah Nazila Fakhari
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $725,000 Home Settlement Centre Llc
Deed $717,500 Rgs Titel Of Bethesda
Deed $652,500 --
Deed $433,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $222,000 Commercial
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $222,000 Commercial
Previous Owner $476,800 Stand Alone Second
Previous Owner $522,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $725,000 0.0% $234 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $725,000 +1.0% $234 / Sq Ft
05/05/2016 05/05/16 Sold $717,500 -1.0% $360 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $725,000 -- $363 / 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 $9,417 $818,000 -- --
2024 $9,417 $759,300 $0 $0
2023 $8,023 $700,600 $285,000 $415,600
2022 $7,530 $691,233 $0 $0
2021 $7,358 $681,867 $0 $0
2020 $7,218 $672,500 $271,400 $401,100
2019 $6,685 $626,867 $0 $0
2018 $6,167 $581,233 $0 $0
2017 $5,789 $535,600 $0 $0
2016 $6,097 $527,133 $0 $0
2015 $6,097 $518,667 $0 $0
2014 $6,097 $510,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002415043

Bright MLS

APN: 04-02463453