NOT LISTED FOR SALE

7308 Centennial Rd Derwood, MD 20855

Estimated Value: $770,000 - $830,710

6 Beds
3 Baths
3,292 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $607,000 $184 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,825/month

23 Days on Market

Highlights

  • 0.52 Acre Lot
  • Deck
  • Wood Flooring
  • Candlewood Elementary School Rated A
  • Vaulted Ceiling
  • Garden View

About This Home

As of September 2020

Beautiful, spacious 6 Bedroom, 3 Bathroom home on a half acre lot at the end of a quiet cul-de-sac! New upgrades throughout the home include updated stainless steel kitchen appliances, new and refinished hardwood floors, new carpet and fresh paint. The roof is less than 2 years old. The vaulted Great Room is filled with natural light coming from the skylight, the large bay window and sliding door across the back. Access the huge back deck and yard through the slider. The upper level has 3 bedrooms including the Master with an ensuite bathroom and two closets. Downstairs is the perfect space for entertaining or relaxing with a family room featuring a wood-burning fireplace. This level also has an exercise room, 3 more bedrooms, a full bathroom and access to the backyard! Plenty of parking space with the 2 door, 2 car garage. Can t beat the location on a quiet cul-de-sac, yet still down the street from Shady Grove Metro, I-270 access, Lake Needwood/Rock Creek Regional Park and Needwood Golf Course. Dont miss out!

Last Agent to Sell the Property

David Moya

(703) 224-6000 dave@tsrhomes.com KW Metro Center License #0225072378 Listed on: 07/16/2020

KW Metro Center

Co-Listed By

Conor Sullivan

(703) 721-3600 info@wfp.com Washington Fine Properties

Last Buyer's Agent

Valerie Vinson

(301) 365-0664 valvinsonhomes@gmail.com Century 21 Redwood Realty License #RS-0039126

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1968

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Double Hung Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Game Room
  • Storage Room
  • Garden Views

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Playground
  • Porch

Schools

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

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160400127688

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,671

Year Built

Built in 1968

Lot Details

0.52 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2020-07-18
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Oven/Range - Gas, Range Hood, Dishwasher, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Combination Dining/Living, Family Room Off Kitchen, Formal/Separate Dining Room, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Tub Shower, Wood Floors, Wet/Dry Bar
  • Window Features: Bay/Bow, Double Hung, Double Pane
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass, Storm
  • Wall Ceiling Types: Vaulted Ceilings, Dry Wall
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Study, Great Room, Laundry, Storage Room, Bedroom 6, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Interior Access
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 3566
  • Living Area Sq Ft: 3292
  • Price Per Sq Ft: 201.14
  • Above Grade Finished Sq Ft: 2978
  • Below Grade Finished Sq Ft: 314
  • Below Grade Sq Ft: 274
  • Total Below Grade Sq Ft: 588
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Sidewalks, Play Area
  • View: Garden/Lawn
  • 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: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 308.26
  • 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
  • Security: Smoke Detector
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199900.00
  • Land Assessed Value: 278600.00
  • Lot Features: Cul-De-Sac, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22839.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13814932
  • Tax Annual Amount: 5671.00
  • Assessor Parcel Number: 160400127688
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 1, 2020
Sold by
Ugolini Paolo F and Ugolini Cara J
Bought by
Smith Andrew Y and Smith Jennifer C
Seller's Agent
David Moya
KW Metro Center
Buyer's Agent
Valerie Vinson
Century 21 Redwood Realty
List Price
$620,000
Sold Price
$607,000
Premium/Discount to List
-$13,000
-2.1%
Current Estimated Value
$793,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,428
Avg. Annual Appreciation
4.94%
Original Mortgage
$593,711
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2005
Sold by
Ugolini Joanne C
Bought by
Ugolini Paolo F and Ugolini Cara J

Purchase Details

Closed on
Oct 27, 2005
Sold by
Ugolini Joanne C
Bought by
Ugolini Paolo F and Ugolini Cara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Andrew Y $607,000 Community Setmnts & Escrow L
Ugolini Paolo F $600,000 --
Ugolini Paolo F $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Andrew Y $593,711
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $607,000 +1.3% $184 / Sq Ft
08/05/2020 08/05/20 Price Changed $599,000 -3.4% $182 / Sq Ft
07/16/2020 07/16/20 For Sale $620,000 0.0% $188 / Sq Ft
12/29/2016 12/29/16 Rented $2,850 -3.4% --
12/29/2016 12/29/16 Under Contract -- -- --
09/19/2016 09/19/16 For Rent $2,950 0.0% --
05/18/2015 05/18/15 Rented $2,950 0.0% --
05/08/2015 05/08/15 Under Contract -- -- --
04/20/2015 04/20/15 For Rent $2,950 -- --
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 $7,809 $668,367 -- --
2024 $7,809 $613,733 $0 $0
2023 $6,455 $559,100 $292,500 $266,600
2022 $5,835 $532,233 $0 $0
2021 $6,161 $505,367 $0 $0
2020 $11,648 $478,500 $278,600 $199,900
2019 $5,672 $467,500 $0 $0
2018 $3,174 $456,500 $0 $0
2017 $4,889 $445,500 $0 $0
2016 $4,645 $444,767 $0 $0
2015 $4,645 $444,033 $0 $0
2014 $4,645 $443,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC714684

Bright MLS

APN: 04-00127688

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