NOT LISTED FOR SALE

7275 Millcrest Terrace Derwood, MD 20855

Estimated Value: $425,000 - $496,000

3 Beds
2.5 Baths
1,860 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $330,000 $177 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,922/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Upgraded Countertops
  • Mill Creek Towne Elementary School Rated A
  • Wood Flooring
  • Pool Membership Available

About This Home

As of June 2018

No showings until 5/11! Spacious updated town home in a convenient location! Lots of living space and a great layout. Foyer flows into living room with high ceiling and view above of dining area. Updated kitchen and baths! Cozy lower level family room and terrific storage space an second level basement. Stunning hardwoods and new carpeting. Convenient to I-270, ICC, and Metro.

Last Agent to Sell the Property

David Dabbondanza

Long & Foster Real Estate, Inc. Listed on: 05/10/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Danielle Cornely

RLAH @properties License #657698

Last Buyer's Agent

Janet Gresh

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Historic Home
  • Property is in very good condition

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,860 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Partially Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160900786070

Community Details

Overview

  • Association fees include trash, snow removal
  • Mill Creek Townhome Associatio Community
  • Mill Creek Subdivision
  • The community has rules related to parking rules

Amenities

  • Common Area

Recreation

  • Pool Membership Available

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,966

Year Built

Built in 1971

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1971
  • Remarks Public: No showings until 5/11! Spacious updated town home in a convenient location! Lots of living space and a great layout. Foyer flows into living room with high ceiling and view above of dining area. Updated kitchen and baths! Cozy lower level family room and terrific storage space an second level basement. Stunning hardwoods and new carpeting. Convenient to I-270, ICC, and Metro.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Water Heater, Oven/Range - Electric, Washer
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 177.37
  • Above Grade Finished Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7275

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • 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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 139.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool Mem Avail, Common Grounds
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 182000.00
  • Land Assessed Value: 78000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13890863
  • Tax Annual Amount: 2966.42
  • Assessor Parcel Number: 160900786070
  • Tax Total Finished Sq Ft: 1266
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/27/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 27, 2018
Sold by
Ortega Orlando and Ortega Jessie
Bought by
Presnell Miles and Presnell Keri
Seller's Agent
David Dabbondanza
Long & Foster Real Estate, Inc.
Buyer's Agent
Janet Gresh
Keller Williams Realty
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$456,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,336
Avg. Annual Appreciation
4.48%
Original Mortgage
$313,310
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Posey Cynthia L
Bought by
Glide Path Real Estate Investors Inc

Purchase Details

Closed on
Aug 9, 1996
Sold by
Provinzano Gerard J
Bought by
Posey Cynthia L
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
Presnell Miles $330,000 Rgs Title Llc
Glide Path Real Estate Investors Inc $184,000 None Available
Posey Cynthia L $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presnell Miles $308,750
Closed Presnell Miles $313,310
Previous Owner Ortega Jessie $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $330,000 0.0% $177 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $329,900 +18.2% $177 / Sq Ft
03/18/2015 03/18/15 Sold $279,000 -3.8% $150 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
01/25/2015 01/25/15 For Sale $289,900 -- $156 / 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 $4,213 $373,333 -- --
2024 $4,213 $331,667 $0 $0
2023 $3,020 $290,000 $87,000 $203,000
2022 $2,759 $280,000 $0 $0
2021 $2,599 $270,000 $0 $0
2020 $2,465 $260,000 $78,000 $182,000
2019 $4,721 $251,667 $0 $0
2018 $2,265 $243,333 $0 $0
2017 $2,274 $235,000 $0 $0
2016 -- $235,000 $0 $0
2015 $2,166 $235,000 $0 $0
2014 $2,166 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000910316

Bright MLS

APN: 09-00786070