NOT LISTED FOR SALE

7500 Dew Wood Dr Derwood, MD 20855

Estimated Value: $574,000 - $659,000

3 Beds
2 Baths
1,626 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $455,000 $280 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,681/month

Highlights

  • 0.46 Acre Lot
  • Rambler Architecture
  • No HOA
  • Mill Creek Towne Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2019

This home is located at 7500 Dew Wood Dr, Derwood, MD 20855 since 13 February 2020 and is currently estimated at $605,358, approximately $372 per square foot. This property was built in 1966. 7500 Dew Wood Dr is a home located in Montgomery County with nearby schools including Mill Creek Towne Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 02/13/2020

Last Buyer's Agent

Jonathan Lahey

EXP Realty, LLC License #SP98369515

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces

Home Design

  • Rambler Architecture

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Derwood Station Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 160900784446

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,271

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2268
  • Living Area Sq Ft: 1626
  • Price Per Sq Ft: 378.40
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 642
  • Total Below Grade Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Carport Spaces: 2
  • Garage: Yes
  • Attached Carport Spaces: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating: Yes
  • 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
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 114100.00
  • Land Assessed Value: 216000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20069.00
  • Year Assessed: 2019
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13890762
  • Tax Annual Amount: 4271.00
  • Assessor Parcel Number: 160900784446
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1626
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/15/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 15, 2019
Sold by
Hilty Eugene G and Eugene G Hilty Revocable Trust
Bought by
Cromwell Chiang and Chiang Carter Ruth
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Jonathan Lahey
EXP Realty, LLC
List Price
$445,000
Sold Price
$455,000
Premium/Discount to List
$10,000
2.25%
Current Estimated Value
$605,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,358
Avg. Annual Appreciation
3.88%
Original Mortgage
$332,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Cromwell Chiang $425,000 Rgs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang Cromwell $342,417
Closed Chiang Cromwell $337,800
Closed Cromwell Ohiang $337,000
Closed Cromwell Chiang $332,000
Previous Owner Hilty Eugene G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 For Sale $445,000 -0.9% $274 / Sq Ft
03/22/2019 03/22/19 For Sale $449,000 -1.3% $276 / Sq Ft
03/15/2019 03/15/19 Sold $455,000 +2.2% $280 / Sq Ft
03/15/2019 03/15/19 Sold $445,000 -- $274 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/20/2019 02/20/19 Pending -- -- --
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 $5,468 $466,900 -- --
2024 $5,468 $436,100 $0 $0
2023 $5,781 $405,300 $216,000 $189,300
2022 $4,069 $394,467 $0 $0
2021 $3,896 $383,633 $0 $0
2020 $3,751 $372,800 $216,000 $156,800
2019 $3,579 $358,567 $0 $0
2018 $3,421 $344,333 $0 $0
2017 $3,385 $330,100 $0 $0
2016 -- $328,333 $0 $0
2015 $3,622 $326,567 $0 $0
2014 $3,622 $324,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Lahey

    Buyer's Agent in 2020

    Jonathan Lahey

    EXP Realty, LLC

    (301) 651-4900

    6 in this area

    835 Total Sales

    Jonathan Lahey
    Section Image
  • David Dabbondanza

    Buyer's Agent in 2019

    David Dabbondanza

    Long & Foster

    (301) 922-3400

    48 in this area

    107 Total Sales

    David Dabbondanza
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC695794

Bright MLS

APN: 09-00784446

Maryland Montgomery County Derwood 20855

7500 Dew Wood Dr, Derwood, MD

This home is located at 7500 Dew Wood Dr, Derwood, MD 20855 since 13 February 2020 and is currently estimated at $605,358, approximately $372 per square foot. This property was built in 1966. 7500 Dew Wood Dr is a home located in Montgomery County with nearby schools including Mill Creek Towne Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

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