$1,158,000
SOLD FEB 4, 2025

7405 Deer Point Ct Derwood, MD 20855

5 Beds
5.5 Baths
5,305 Sq Ft
0.94 Acres

Recently Sold

$218 Per Sq Ft

16% Above List Price

3 Days on Market

Highlights

  • 0.94 Acre Lot
  • Colonial Architecture
  • 3 Fireplaces
  • Candlewood Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of February 2025

Welcome to your new haven in Needwood Estates, where nature enthusiasts and commuters will find the perfect blend of tranquility and convenience. This stunning 5-bedroom, 5.5-bathroom residence is ideally situated in a serene cul-de-sac and features a spacious 3-car garage, offering panoramic views of the open greenery that surrounds you.

Step inside to discover a freshly painted and updated interior with a fabulous screened-in porch, the perfect spot to enjoy your morning coffee or relax in the evening breeze. Step outside onto the large decks that are perfect for entertaining, overlooking a huge yard that invites outdoor activities and leisure. The expansive living space includes a finished attic area above the garage, providing versatile options for additional storage or bonus room. With around 7,000 square feet of living area, you'll have ample room to entertain and unwind. The lower level boasts a built-in bar area and a cozy family room, adding a touch of luxury to your gatherings.

Enjoy the freedom of no HOA, allowing you to personalize your property to your liking. This home is truly an outdoor lover’s paradise, with easy access to nearby amenities. Take a leisurely walk or bike ride to Lake Needwood, the popular golf course, and the historic mansion, as well as Rock Creek Regional Park and the scenic Rock Creek Hiker-Biker Trail.

This home features an elevator and a standing tub for those who may require additional accessibility. However, the seller is open to providing a credit to the buyer for the removal of these amenities if desired.

Last Agent to Sell the Property

Angela Goldstein

Northgate Realty, LLC License #646952 Listed on: 01/10/2025

Last Buyer's Agent

Min ZHANG

Prostage Realty, LLC License #0225253901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,326

Year Built

  • Built in 1990

Lot Details

  • 0.94 Acre Lot
  • Property is zoned RE1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Mobility Improvements

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 160402753971

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,326

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Elevator, Grab Bars Mod, Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-01-10
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new haven in Needwood Estates, where nature enthusiasts and commuters will find the perfect blend of tranquility and convenience. This stunning 5-bedroom, 5.5-bathroom residence is ideally situated in a serene cul-de-sac and features a spacious 3-car garage, offering panoramic views of the open greenery that surrounds you. Step inside to discover a freshly painted and updated interior with a fabulous screened-in porch, the perfect spot to enjoy your morning coffee or relax in the evening breeze. Step outside onto the large decks that are perfect for entertaining, overlooking a huge yard that invites outdoor activities and leisure. The expansive living space includes a finished attic area above the garage, providing versatile options for additional storage or bonus room. With around 7,000 square feet of living area, you'll have ample room to entertain and unwind. The lower level boasts a built-in bar area and a cozy family room, adding a touch of luxury to your gatherings. Enjoy the freedom of no HOA, allowing you to personalize your property to your liking. This home is truly an outdoor lover’s paradise, with easy access to nearby amenities. Take a leisurely walk or bike ride to Lake Needwood, the popular golf course, and the historic mansion, as well as Rock Creek Regional Park and the scenic Rock Creek Hiker-Biker Trail. This home features an elevator and a standing tub for those who may require additional accessibility. However, the seller is open to providing a credit to the buyer for the removal of these amenities if desired.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Carpet
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Outside Entrance, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 6467
  • Living Area Sq Ft: 5305
  • Price Per Sq Ft: 231.13
  • Above Grade Finished Sq Ft: 4305
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 1162
  • Total Below Grade Sq Ft: 2162
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7405

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 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
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK MAGRUDER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40736.00
  • Year Assessed: 2024
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11326.00
  • Assessor Parcel Number: 160402753971
  • Tax Lot: 54
  • Tax Total Finished Sq Ft: 5305
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/04/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 3, 2025
Sold by
Dwight L Springer L and Dwight Judy C
Bought by
Wu Weimin and Song Chao
Seller's Agent
Angela Goldstein
Northgate Realty, LLC
Buyer's Agent
Min ZHANG
Prostage Realty, LLC
List Price
$995,000
Sold Price
$1,158,000
Premium/Discount to List
$163,000
16.38%
Views
243
Current Estimated Value
$1,186,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,524
Avg. Annual Appreciation
4.07%
Original Mortgage
$458,000
Outstanding Balance
$455,247
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$731,277

Purchase Details

Closed on
Jan 10, 2012
Sold by
Springer Dwight L and Springer Judy C
Bought by
Springer Dwight L and Springer Judy C

Purchase Details

Closed on
Jun 14, 1990
Bought by
Springer Dwight L and J C
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 Type Sale Price Title Company
Deed $1,158,000 First American Title
Deed $1,158,000 First American Title
Interfamily Deed Transfer -- None Available
Deed $436,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,000 New Conventional
Closed $458,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $228,000 Credit Line Revolving
Previous Owner $374,953 New Conventional
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $1,158,000 +16.4% $218 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $995,000 -- $188 / 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 $11,326 $958,367 -- --
2024 $11,326 $919,233 $0 $0
2023 $10,154 $880,100 $316,500 $563,600
2022 $9,674 $880,100 $316,500 $563,600
2021 $9,699 $880,100 $316,500 $563,600
2020 $9,699 $892,500 $301,300 $591,200
2019 $9,397 $868,033 $0 $0
2018 $9,118 $843,567 $0 $0
2017 $9,006 $819,100 $0 $0
2016 -- $810,533 $0 $0
2015 $9,843 $801,967 $0 $0
2014 $9,843 $793,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2159506

Bright MLS

APN: 04-02753971