NOT LISTED FOR SALE

7243 Mill Run Dr Derwood, MD 20855

Estimated Value: $406,000 - $477,000

3 Beds
2.5 Baths
1,149 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $445,000 $387 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,798/month

4 Days on Market

About This Home

As of September 2023

Absolutely charming! This 3-bedroom, 2.5-bathroom townhouse in Derwood, Maryland, offers a delightful blend of comfort and style.
The kitchen boasts quartz countertops, adding a touch of elegance while also being easy to maintain. The wood floors throughout the living spaces create a warm and inviting atmosphere, seamlessly connecting each room.
You'll appreciate the convenience of stainless steel appliances in the kitchen, adding a modern touch to your daily cooking routines. The brand new carpeting in the bedrooms ensures cozy and comfortable living spaces.
The full finished basement presents a versatile area that can easily adapt to your needs – whether it's a family relaxation space, a home gym, or an efficient home office.
Step outside to the fenced backyard, a peaceful retreat perfect for unwinding or hosting intimate gatherings. It's an ideal spot for enjoying the outdoors and a bit of gardening.
Situated in a convenient location in Derwood, Maryland, this townhouse offers easy access to amenities, parks, and major roads, making everyday life a breeze.
In a nutshell, this 3-bedroom, 2.5-bathroom townhouse is a wonderful opportunity. Its practical features and favorable location combine to create a cozy and welcoming home that you won't want to miss out on!

Last Agent to Sell the Property

Carmen Henriquez

(703) 748-0001 antonieta.henriquezl@gmail.com Premiere Realty LLC License #SP40003800 Listed on: 08/16/2023

Co-Listed By

Juan Castro

(866) 825-7169 va.broker@exprealty.net EXP Realty, LLC

Last Buyer's Agent

Nurit Coombe

(202) 888-1127 alex@theagencydc.com The Agency DC License #533175

The Agency DC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1971

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 1,149 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Mill Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160900785805

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,341

Year Built

Built in 1971

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-16
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Rear Entrance
  • Total Sq Ft: 1149
  • Living Area Sq Ft: 1149
  • Price Per Sq Ft: 387.29
  • Above Grade Finished Sq Ft: 1149
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • 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: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: RT12
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3341.00
  • Assessor Parcel Number: 160900785805
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 22, 2023
Sold by
Lighthouse Assets Llc
Bought by
Aquino Jovan Florentino and Sanchez Leslie Jacqueline
Seller's Agent
Carmen Henriquez
Premiere Realty LLC
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$439,990
Sold Price
$445,000
Premium/Discount to List
$5,010
1.14%
Views
318
Current Estimated Value
$439,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,589
Avg. Annual Appreciation
-0.53%
Original Mortgage
$431,650
Outstanding Balance
$422,716
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$16,695

Purchase Details

Closed on
Apr 28, 2023
Sold by
Magrum Darrel Richard
Bought by
Lighthouse Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2023
Sold by
Magrum Clara Belle
Bought by
Magrum Darrel Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Magrum Clara Belle
Bought by
Magrum Clara Belle and Magrum Darrel Richard

Purchase Details

Closed on
Oct 20, 1998
Sold by
Dixon Thomas A
Bought by
Magrum Clara B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aquino Jovan Florentino $445,000 Wfg National Title
Lighthouse Assets Llc $220,000 None Listed On Document
Magrum Darrel Richard -- --
Magrum Clara Belle -- --
Magrum Clara B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aquino Jovan Florentino $431,650
Previous Owner Lighthouse Assets Llc $262,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $445,000 0.0% $387 / Sq Ft
08/24/2023 08/24/23 Price Changed $445,000 +1.1% $387 / Sq Ft
08/16/2023 08/16/23 For Sale $439,990 -- $383 / Sq Ft
Source: Bright MLS

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 $4,213 $383,333 -- --
2024 $4,213 $331,667 $0 $0
2023 $3,597 $280,000 $84,000 $196,000
2022 $2,176 $270,000 $0 $0
2021 $2,489 $260,000 $0 $0
2020 $2,355 $250,000 $75,000 $175,000
2019 $4,537 $243,333 $0 $0
2018 $2,192 $236,667 $0 $0
2017 $2,217 $230,000 $0 $0
2016 -- $230,000 $0 $0
2015 $2,082 $230,000 $0 $0
2014 $2,082 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2103804

Bright MLS

APN: 09-00785805