NOT LISTED FOR SALE

7623 Quincewood Ct Derwood, MD 20855

Estimated Value: $450,000 - $512,585

3 Beds
4 Baths
1,520 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $405,000 $266 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,225/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Candlewood Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of March 2020

LOCATION, LOCATION, LOCATION! This rarely available light-filled Park Overlook townhome is a commuter's dream with its easy walk to Shady Grove Metro or quick ride on the bus that comes right to the community. This spacious home located on a private court features three bedrooms, two full bathrooms, two powder rooms, and a walkout lower level. Recent upgrades include new HVAC and sump pump installed in 2019 and a new roof installed in 2018! The renovated contemporary kitchen features slow-close white cabinets with a lower built-in Lazy Susan cabinet and a top hinged cabinet to eliminate blind corners, along with a quality granite countertop, double basin sink, and new stove (2018) .Quality laminate flooring has been installed in the living room, kitchen, dining area, and foyer. The west-facing windows have been replaced and all bathrooms have new toilets and floors.This home also features an expansive deck, and beautifully finished walkout lower level with family room with fireplace, recessed lighting, and half bath that leads to a large, fenced English-style garden (larger than other townhomes recently sold). Enjoy outdoor entertaining or you can sit and relax on the patio in front of gold cypress and butterfly bushes, a yellow forsythia, and a vibrant red burning bush while birds bathe in the birdbath. On the weekend, hop on your bike and in a few minutes be at Rock Creek Regional Park/Lake Needwood and connect to D.C. bike paths. This townhome comes with two assigned parking spaces (both in front of the townhome) and access to the community pool, tennis court, basketball court, and the soccer field at Blueberry Hill Park. The Community has low HOA fees and is minutes from 270/370/ICC exits, shopping and golf. Perfect commute to Montgomery College, NIH, Bethesda, Walter Reed, Rockville Town Center, or downtown. Welcome home!

Last Agent to Sell the Property

Kyle Richards

Compass Listed on: 02/07/2020

Compass

Last Buyer's Agent

James Wu

Compass License #0225205230

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 1984

Lot Details

  • 1,600 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160902292392

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility
  • Park Overlook Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,779

Year Built

Built in 1984

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1984
  • Remarks Public: LOCATION, LOCATION, LOCATION! This rarely available light-filled Park Overlook townhome is a commuter's dream with its easy walk to Shady Grove Metro or quick ride on the bus that comes right to the community. This spacious home located on a private court features three bedrooms, two full bathrooms, two powder rooms, and a walkout lower level. Recent upgrades include new HVAC and sump pump installed in 2019 and a new roof installed in 2018! The renovated contemporary kitchen features slow-close white cabinets with a lower built-in Lazy Susan cabinet and a top hinged cabinet to eliminate blind corners, along with a quality granite countertop, double basin sink, and new stove (2018) .Quality laminate flooring has been installed in the living room, kitchen, dining area, and foyer. The west-facing windows have been replaced and all bathrooms have new toilets and floors.This home also features an expansive deck, and beautifully finished walkout lower level with family room with fireplace, recessed lighting, and half bath that leads to a large, fenced English-style garden (larger than other townhomes recently sold). Enjoy outdoor entertaining or you can sit and relax on the patio in front of gold cypress and butterfly bushes, a yellow forsythia, and a vibrant red burning bush while birds bathe in the birdbath. On the weekend, hop on your bike and in a few minutes be at Rock Creek Regional Park/Lake Needwood and connect to D.C. bike paths. This townhome comes with two assigned parking spaces (both in front of the townhome) and access to the community pool, tennis court, basketball court, and the soccer field at Blueberry Hill Park. The Community has low HOA fees and is minutes from 270/370/ICC exits, shopping and golf. Perfect commute to Montgomery College, NIH, Bethesda, Walter Reed, Rockville Town Center, or downtown. Welcome home!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Carpet
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Outside Entrance, Walkout Level
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 329.51
  • Above Grade Finished Sq Ft: 1220
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 300
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7623

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Basketball Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK A. 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 A. MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 142000.00
  • Land Assessed Value: 180000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13964482
  • Tax Annual Amount: 3779.00
  • Assessor Parcel Number: 160902292392
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1520
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/26/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 26, 2020
Sold by
Culp Lisa Anne
Bought by
Mon Joanna G
Seller's Agent
Kyle Richards
Compass
Buyer's Agent
James Wu
Compass
List Price
$402,000
Sold Price
$405,000
Premium/Discount to List
$3,000
0.75%
Current Estimated Value
$494,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,646
Avg. Annual Appreciation
3.84%
Original Mortgage
$303,750
Outstanding Balance
$269,669
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$226,887

Purchase Details

Closed on
Oct 2, 2009
Sold by
Ulanow David A and Ulanow Lisa D
Bought by
Culp Llisa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,105
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2007
Sold by
Davis Lisa H
Bought by
Ulanow David A and Ulanow Lisa D

Purchase Details

Closed on
Sep 18, 2007
Sold by
Davis Lisa H
Bought by
Ulanow David A and Ulanow Lisa D

Purchase Details

Closed on
Jul 15, 2004
Sold by
Duong Dat H
Bought by
Davis Lisa H
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
Mon Joanna G $405,000 Eastern Title And Settlement
Culp Llisa Anne $319,900 --
Ulanow David A -- --
Ulanow David A -- --
Davis Lisa H $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mon Joanna G $303,750
Previous Owner Culp Lisa Anne $57,250
Previous Owner Culp Lisa Anne $297,500
Previous Owner Culp Lisa Anne $22,000
Previous Owner Culp Lisa Anne $315,569
Previous Owner Culp Lisa Anne $314,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $405,000 +0.7% $266 / Sq Ft
02/12/2020 02/12/20 For Sale $402,000 0.0% $264 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $402,000 -- $264 / 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 $5,038 $421,933 -- --
2024 $5,038 $406,667 $0 $0
2023 $4,153 $391,400 $180,000 $211,400
2022 $2,968 $368,267 $0 $0
2021 $3,395 $345,133 $0 $0
2020 $6,237 $322,000 $180,000 $142,000
2019 $3,087 $320,267 $0 $0
2018 $3,066 $318,533 $0 $0
2017 $2,941 $316,800 $0 $0
2016 $2,917 $295,333 $0 $0
2015 $2,917 $273,867 $0 $0
2014 $2,917 $252,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC694552

Bright MLS

APN: 09-02292392