7705 Majestic Way Derwood, MD 20855
Estimated Value: $515,119 - $548,000
4
Beds
4
Baths
1,520
Sq Ft
$351/Sq Ft
Est. Value
About This Home
This home is located at 7705 Majestic Way, Derwood, MD 20855 and is currently estimated at $533,030, approximately $350 per square foot. 7705 Majestic Way is a home located in Montgomery County with nearby schools including Candlewood Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2010
Sold by
Chhabra Sunil M
Bought by
Harvest Bank Of Maryland
Current Estimated Value
Purchase Details
Closed on
May 18, 2006
Sold by
Chhabra Anila
Bought by
Chhabra Sunil M
Purchase Details
Closed on
May 17, 2006
Sold by
Chhabra Anila
Bought by
Chhabra Sunil M
Purchase Details
Closed on
May 26, 2005
Sold by
Hourigan Terry P and Hourigan A L
Bought by
Chhabra Anila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Harvest Bank Of Maryland | $317,250 | -- | |
Chhabra Sunil M | -- | -- | |
Chhabra Sunil M | -- | -- | |
Chhabra Anila | $392,500 | -- | |
Chhabra Anila | $392,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Shen Yang | $193,000 | |
Closed | Shen Yang | $211,000 | |
Closed | Shen Yang | $220,000 | |
Previous Owner | Chhabra Sunil | $327,000 | |
Previous Owner | Chhabra Sunil | $109,000 | |
Previous Owner | Chhabra Anila | $314,000 | |
Previous Owner | Chhabra Anila | $78,500 |
Source: Public Records
Tax History Compared to Growth
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 | $4,929 | $411,533 | -- | -- |
2024 | $4,929 | $397,267 | $0 | $0 |
2023 | $4,748 | $383,000 | $180,000 | $203,000 |
2022 | $4,451 | $373,667 | $0 | $0 |
2021 | $4,175 | $364,333 | $0 | $0 |
2020 | $4,175 | $355,000 | $180,000 | $175,000 |
2019 | $4,080 | $347,567 | $0 | $0 |
2018 | $3,997 | $340,133 | $0 | $0 |
2017 | $3,982 | $332,700 | $0 | $0 |
2016 | $3,056 | $313,000 | $0 | $0 |
2015 | $3,056 | $293,300 | $0 | $0 |
2014 | $3,056 | $273,600 | $0 | $0 |
Source: Public Records
Map
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