NOT LISTED FOR SALE

7245 Millcrest Terrace Derwood, MD 20855

Estimated Value: $404,000 - $523,000

4 Beds
3.5 Baths
2,130 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $240,000 $113 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,921/month

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Mill Creek Towne Elementary School Rated A
  • Breakfast Area or Nook
  • Property is in very good condition

About This Home

As of November 2016

4 good sized bedroom, 3.5baths,end unit TH, plus additional guest room in lower lvl with full bath. Fully fenced large rear paved patio. Many updates include new roof 2015, patio & fence 2009. All carpets 2016,water heater 2014, kitchen appliances 2013&14. etc, etc. Pergo floors throughout ground floor. MBR has large walk-in closet. Professionally negotiated short sale.

Last Agent to Sell the Property

Kenneth Bennett

Samson Properties Listed on: 04/12/2016

Samson Properties

Last Buyer's Agent

Meng Truong

Weichert, REALTORS License #535504

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1971

Lot Details

  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $139 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,130 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Dining Area
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Parking

  • Parking Space Number Location: 45
  • 1 Assigned Parking Space

Schools

  • Mill Creek Towne Elementary School
  • Shady Grove Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160900786228

Community Details

Overview

  • Association fees include lawn maintenance
  • Mill Creek Th Community
  • Mill Creek Subdivision

Amenities

  • Common Area

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,149

Year Built

Built in 1971

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1971
  • Remarks Public: 4 good sized bedroom, 3.5baths,end unit TH, plus additional guest room in lower lvl with full bath. Fully fenced large rear paved patio. Many updates include new roof 2015, patio & fence 2009. All carpets 2016,water heater 2014, kitchen appliances 2013&14. etc, etc. Pergo floors throughout ground floor. MBR has large walk-in closet. Professionally negotiated short sale.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In, Breakfast Area, Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 119.72
  • Above Grade Finished Sq Ft: 2130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7245

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 45

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 139.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA Condo Co-Op Rules: Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: MILL CREEK TOWNE
  • Middle School: SHADY GROVE
  • School District Key: 121138126809
  • Elementary School: MILL CREEK TOWNE
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RT12

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13939255
  • Tax Annual Amount: 3148.52
  • Assessor Parcel Number: 160900786228
  • Tax Total Finished Sq Ft: 1451
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/17/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Nov 17, 2016
Sold by
Baptisha Wilma N and Soliz Huerta Garola Lenny
Bought by
Tatarian Tamar and Tatarian Dikran
Seller's Agent
Kenneth Bennett
Samson Properties
Buyer's Agent
Meng Truong
Weichert, REALTORS
List Price
$300,000
Sold Price
$240,000
Premium/Discount to List
-$60,000
-20%
Current Estimated Value
$458,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,497
Avg. Annual Appreciation
7.61%
Original Mortgage
$228,000
Outstanding Balance
$188,772
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$270,030

Purchase Details

Closed on
Apr 17, 2007
Sold by
Superville Peterville
Bought by
Baptista Wilma N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Superville Peterville
Bought by
Baptista Wilma N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2001
Sold by
Koucheki Tahereh
Bought by
Superville Peterville

Purchase Details

Closed on
Nov 13, 2000
Sold by
Beltway Homes Inc
Bought by
Koucheki Tahereh
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
Tatarian Tamar $240,000 Michaels Title & Escrow Llc
Baptista Wilma N $310,000 --
Baptista Wilma N $310,000 --
Superville Peterville $132,000 --
Koucheki Tahereh $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatarian Tamar $228,000
Previous Owner Baptista Wilma N $248,000
Previous Owner Baptista Wilma N $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $240,000 -5.9% $113 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/16/2016 05/16/16 Price Changed $255,000 -3.8% $120 / Sq Ft
05/10/2016 05/10/16 Price Changed $265,000 -5.4% $124 / Sq Ft
04/19/2016 04/19/16 Price Changed $280,000 -6.7% $131 / Sq Ft
04/12/2016 04/12/16 For Sale $300,000 -- $141 / 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 $4,079 $340,000 -- --
2024 $4,079 $320,000 $0 $0
2023 $4,519 $300,000 $90,000 $210,000
2022 $2,364 $293,333 $0 $0
2021 $2,783 $286,667 $0 $0
2020 $2,686 $280,000 $84,000 $196,000
2019 $5,199 $273,333 $0 $0
2018 $2,523 $266,667 $0 $0
2017 $2,562 $260,000 $0 $0
2016 -- $260,000 $0 $0
2015 $2,457 $260,000 $0 $0
2014 $2,457 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002419351

Bright MLS

APN: 09-00786228