NOT LISTED FOR SALE

7304 Centennial Rd Derwood, MD 20855

Estimated Value: $713,000 - $756,000

5 Beds
3 Baths
2,164 Sq Ft
$341/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $645,000 $298 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,539/month

95 Days on Market

Highlights

  • 0.55 Acre Lot
  • Attic
  • No HOA
  • Candlewood Elementary School Rated A
  • 1 Fireplace
  • Workshop

About This Home

As of September 2022

Spacious 5 BR Split Level Home on quiet cul-de-sac. 3 full baths. Large kitchen, living & dining rooms. Gas cooking and heating. Hardwood floors on Main & Upper levels. Family room has built-in cabinets/book shelves, wet bar & walk-out to yard. Basement is unfinished. The oversize 2-car garage has a large, lockable workshop in the back, with access to the rear yard. One attached shed is built into the back of the home, plus 1 detached shed in the yard. Over 1/2 acre of land, partially wooded. One mile to Lake Needwood, Shady Grove Metro, 270/370/200.

Last Agent to Sell the Property

Catherine Freel

Century 21 Redwood Realty License #612178 Listed on: 05/12/2022

Century 21 Redwood Realty

Last Buyer's Agent

David Dabbondanza

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,573

Year Built

  • Built in 1968

Lot Details

  • 0.55 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 4 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

  • Interior Basement Entry
  • Shelving

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160400127917

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,573

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2022-05-13
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious 5 BR Split Level Home on quiet cul-de-sac. 3 full baths. Large kitchen, living & dining rooms. Gas cooking and heating. Hardwood floors on Main & Upper levels. Family room has built-in cabinets/book shelves, wet bar & walk-out to yard. Basement is unfinished. The oversize 2-car garage has a large, lockable workshop in the back, with access to the rear yard. One attached shed is built into the back of the home, plus 1 detached shed in the yard. Over 1/2 acre of land, partially wooded. One mile to Lake Needwood, Shady Grove Metro, 270/370/200.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Table Space, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Bedroom 1, Laundry, Workshop
  • Basement: Yes
  • Basement Type: Unfinished, Shelving, Interior Access
  • Total Sq Ft: 2840
  • Living Area Sq Ft: 2164
  • Price Per Sq Ft: 300.32
  • Above Grade Finished Sq Ft: 2164
  • Below Grade Sq Ft: 676
  • Total Below Grade Sq Ft: 676
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7304

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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 MAGRUDER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • 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: 184200.00
  • Land Assessed Value: 294000.00
  • Land Use Code: R
  • Lot Size Acres: 0.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23794.00
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13814946
  • Tax Annual Amount: 5573.00
  • Assessor Parcel Number: 160400127917
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2164
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/23/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Sep 23, 2022
Sold by
James F Mcconkey Jr Family Trust
Bought by
Martin Thomas D and Martin Katherine R
Seller's Agent
Catherine Freel
Century 21 Redwood Realty
Buyer's Agent
David Dabbondanza
Long & Foster Real Estate, Inc.
List Price
$649,900
Sold Price
$645,000
Premium/Discount to List
-$4,900
-0.75%
Views
16
Current Estimated Value
$727,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,851
Avg. Annual Appreciation
4.54%
Original Mortgage
$483,750
Outstanding Balance
$466,912
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$266,112

Purchase Details

Closed on
Nov 26, 2014
Sold by
Mcconkey James F and Mcconkey James Frederick
Bought by
Mcconkey James F and James F Mcconkey Jr Family Tru
Source: Public Records

Range of Values:

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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
Martin Thomas D $645,000 --
Mcconkey James F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Thomas D $483,750
Previous Owner Mcconkey James Frederick $135,000
Previous Owner Mcconkey James F $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $645,000 -0.8% $298 / Sq Ft
05/12/2022 05/12/22 For Sale $649,900 0.0% $300 / Sq Ft
05/31/2019 05/31/19 Rented $2,750 0.0% --
05/02/2019 05/02/19 Under Contract -- -- --
04/22/2019 04/22/19 Price Changed $2,750 -1.8% $1 / Sq Ft
02/05/2019 02/05/19 Price Changed $2,800 -3.4% $1 / Sq Ft
11/26/2018 11/26/18 Price Changed $2,900 -1.7% $1 / Sq Ft
08/03/2018 08/03/18 For Rent $2,950 -- --
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
2024 $6,643 $524,300 $0 $0
2023 $5,397 $478,200 $294,000 $184,200
2022 $3,790 $470,267 $0 $0
2021 $4,729 $462,333 $0 $0
2020 $5,450 $454,400 $280,000 $174,400
2019 $4,684 $443,667 $0 $0
2018 $4,656 $432,933 $0 $0
2017 $4,437 $422,200 $0 $0
2016 -- $420,267 $0 $0
2015 $4,414 $418,333 $0 $0
2014 $4,414 $416,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2051052

Bright MLS

APN: 04-00127917