NOT LISTED FOR SALE

7221 Deer Lake Ln Derwood, MD 20855

Estimated Value: $956,000 - $997,000

5 Beds
3.5 Baths
3,446 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $697,500 $202 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,026/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • 0.41 Acre Lot
  • Deck
  • Candlewood Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2020

Welcome to this fantastic 5 Bedroom, 3.5 Bath home located in sought-after Needwood Estates! Located approx 1-mile to Metro this beautiful home has been perfectly maintained and updated by its loving original owners! Some of the many great features and amenities include a gorgeous granite and stainless Kitchen with sunny Breakfast area, beautiful wood, tile and laminate flooring throughout, spacious Living and Dining rooms with a sliding glass door to the nice Deck and rear yard. The first upper level has a lovely Master bedroom with a beautiful upgraded bath and walk-in closet, plus 2 additional Bedrooms which share a gorgeous hall bath! The second upper level is a huge bedroom and or play room with also with a walk-in closet.The first lower level offers a wonderful Family room with new floor and fireplace, large 5th Bedroom or Office, updated 3rd full bath and nice laundry room with washtub. The 2nd lower level has a great Exercise room plus a much needed Storage room. Other nice features include the great Deck with built-in benches and level rear yard, over-sized 2-car Garage plus lots of additional driveway parking, newer windows and lots more. Located on a pretty street in the Candlewood Elementary school district very close to Metro and gorgeous Lake Needwood Park and Golf, this fantastic home is just waiting for its next loving owner!

Last Agent to Sell the Property

Robert Kerxton

RE/MAX Realty Centre, Inc. Listed on: 01/29/2020

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

David Wagner

RE/MAX Realty Centre, Inc. License #SP200202808

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 1988

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

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

Home Design

  • Split Level Home

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Hung Windows
  • Bay Window
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Home Gym
  • Intercom
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160402555815

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,485

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: Welcome to this fantastic 5 Bedroom, 3.5 Bath home located in sought-after Needwood Estates! Located approx 1-mile to Metro this beautiful home has been perfectly maintained and updated by its loving original owners! Some of the many great features and amenities include a gorgeous granite and stainless Kitchen with sunny Breakfast area, beautiful wood, tile and laminate flooring throughout, spacious Living and Dining rooms with a sliding glass door to the nice Deck and rear yard. The first upper level has a lovely Master bedroom with a beautiful upgraded bath and walk-in closet, plus 2 additional Bedrooms which share a gorgeous hall bath! The second upper level is a huge bedroom and or play room with also with a walk-in closet.The first lower level offers a wonderful Family room with new floor and fireplace, large 5th Bedroom or Office, updated 3rd full bath and nice laundry room with washtub. The 2nd lower level has a great Exercise room plus a much needed Storage room. Other nice features include the great Deck with built-in benches and level rear yard, over-sized 2-car Garage plus lots of additional driveway parking, newer windows and lots more. Located on a pretty street in the Candlewood Elementary school district very close to Metro and gorgeous Lake Needwood Park and Golf, this fantastic home is just waiting for its next loving owner!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Icemaker, Intercom, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Double Pane, Double Hung, Energy Efficient, Skylights
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel
  • Levels Count: 3+
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Exercise Room, Laundry, Storage Room, Bathroom 2, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3626
  • Living Area Sq Ft: 3446
  • Price Per Sq Ft: 235.91
  • Above Grade Finished Sq Ft: 2946
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 180
  • Total Below Grade Sq Ft: 680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7221

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Asphalt Driveway
  • 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: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 278000.00
  • Land Assessed Value: 243800.00
  • Land Use Code: 011
  • Lot Features: Level
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17934.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13831405
  • Tax Annual Amount: 6485.00
  • Assessor Parcel Number: 160402555815
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 3046
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/19/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 19, 2020
Sold by
Goodman Edward N and Goodman Lenette S
Bought by
Scheinert Gregg and Lauren Sheinert
Seller's Agent
Robert Kerxton
RE/MAX Realty Centre, Inc.
Buyer's Agent
David Wagner
RE/MAX Realty Centre, Inc.
List Price
$695,000
Sold Price
$697,500
Premium/Discount to List
$2,500
0.36%
Current Estimated Value
$974,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,432
Avg. Annual Appreciation
5.81%
Original Mortgage
$558,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1988
Bought by
Goodman Edward N and L S
Source: Public Records

Range of Values:

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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
Scheinert Gregg $697,500 Kvs Title Llc
Goodman Edward N $245,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheinert Gregg $100,000
Open Scheinert Gregg $551,000
Closed Scheinert Gregg $558,000
Previous Owner Goodman Edward N $218,000
Previous Owner Goodman Edward N $231,500
Previous Owner Goodman Edward N $84,134
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $697,500 +0.4% $202 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $695,000 -- $202 / 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 $9,058 $784,633 -- --
2024 $9,058 $728,167 $0 $0
2023 $7,690 $671,700 $281,500 $390,200
2022 $6,897 $633,833 $0 $0
2021 $6,411 $595,967 $0 $0
2020 $5,956 $558,100 $268,200 $289,900
2019 $5,793 $546,000 $0 $0
2018 $5,679 $533,900 $0 $0
2017 $5,629 $521,800 $0 $0
2016 -- $513,267 $0 $0
2015 $5,909 $504,733 $0 $0
2014 $5,909 $496,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC693852

Bright MLS

APN: 04-02555815