NOT LISTED FOR SALE

7413 Ottenbrook Terrace Derwood, MD 20855

Redland Area

Estimated Value: $1,102,126

4 Beds
3.5 Baths
4,410 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2021

Last sale price $949,000 $215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,913 / mo

23 Days on Market

Highlights

  • 0.64 Acre Lot
  • Wood Flooring
  • Sun or Florida Room
  • Colonial Architecture
  • 3 Fireplaces
  • No HOA

About This Home

As of December 2021

Wonderful Colonial style home in highly desired Needwood Estates. This home, being sold by it’s original owners has loads of space both inside and out. As you enter the elegant two story foyer you can see the scale of the rooms. The kitchen has abundant countertop and cabinet space, a center island with cooktop, a breakfast bar and a huge pantry. Off the kitchen is a breakfast area with sliding doors to the expansive two level deck. Also off the kitchen are the formal dining room, and the sunroom/greenhouse which opens to the 2 car garage. A formal living room, sunken family room (which also opens to the deck) with a fireplace and wet bar, a large office with built in desk and shelving, a mud/laundry room and a powder room complete the first level. Upstairs are four bedrooms and three full baths. The primary bedroom has a sitting area, and an enormous walk in closet. The en-suite bath has a large soaking tub with whirlpool jets, a separate shower, and a double vanity. The unfinished walkout basement has a fireplace, brand new 80 gallon hot water heater, loads of space for rooms/storage and a rough in for another bathroom. The gorgeous backyard has extensive landscaping and hardscaping, two patios and backs to parkland. Minutes from Lake Needwood (Rock Creek Park) and Lake Frank, the Redland shopping center, The Derwood Farmers Market, and I-370 make this the perfect location. Welcome Home!

Last Agent to Sell the Property

Marc Hershkowitz

(301) 263-6307 team@northgaterealty.com Northgate Realty, LLC License #0225220479 Listed on: 10/07/2021

Co-Listed By

Barbara Nalls

(301) 516-1212 barbaranalls@gmail.com TTR Sotheby's International Realty

Last Buyer's Agent

Wiley Drake

(240) 219-2422 wiley.drake@longandfoster.com Compass License #SP200202843

Compass
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,544

Year Built

  • Built in 1989

Lot Details

  • 27,797 Sq Ft Lot
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 4,410 Sq Ft Home
  • Property has 3 Levels
  • 3 Fireplaces
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Unfinished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 160402754075

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,544

Year Built

Built in 1989

Lot Details

0.64 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-09
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Freezer, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Sun/Florida Room, Laundry, Office, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Total Sq Ft: 4410
  • Living Area Sq Ft: 4410
  • Price Per Sq Ft: 215.19
  • Above Grade Finished Sq Ft: 4410
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front, Combination
  • Roof: Shingle
  • 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
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • 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: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

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 MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 536800.00
  • Land Assessed Value: 286100.00
  • Lot Size Acres: 0.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27797.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13831911
  • Tax Annual Amount: 9544.00
  • Assessor Parcel Number: 160402754075
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 9, 2021
Sold by
Bought by
Seller's Agent
Marc Hershkowitz
Northgate Realty, LLC
Buyer's Agent
Wiley Drake
Compass
List Price
$985,000
Sold Price
$949,000
Premium/Discount to List
-$36,000
-3.65%
Current Estimated Value
$1,102,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,126
Avg. Annual Appreciation
3.28%
Original Mortgage
$664,300
Outstanding Balance
$599,552
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$502,574

Purchase Details

Closed on
May 25, 1989
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$949,000 Title Forward
$402,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $664,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $949,000 0.0% $215 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $949,000 -3.7% $215 / Sq Ft
10/07/2021 10/07/21 For Sale $985,000 -- $223 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,337 $884,900
2024 $10,513 $848,600 $0 $0
2023 $9,373 $812,300 $300,400 $511,900
2022 $9,618 $812,300 $300,400 $511,900
2021 $9,544 $812,300 $300,400 $511,900
2020 $9,623 $822,900 $286,100 $536,800
2019 $9,331 $799,333 $0 $0
2018 $9,061 $775,767 $0 $0
2017 $9,033 $752,200 $0 $0
2016 -- $744,933 $0 $0
2015 $9,819 $737,667 $0 $0
2014 $9,819 $730,400 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDMC2018972

Bright MLS

APN: 04-02754075

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