NOT LISTED FOR SALE

7707 Majestic Way Derwood, MD 20855

Estimated Value: $514,000 - $555,000

4 Beds
3.5 Baths
1,820 Sq Ft
$295/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Game Room
  • Living Room
  • Candlewood Elementary School Rated A
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of November 2015

Location! Bright 2 story townhouse with walkout basement. New HVAC, stove and dryer. New painting. Large Bay-window. Fenced backyard with shed. Walk distance to Shady Grove Metro (Red Line). Next to Blueberry Hill park. swim pool, tennis/basketball courts, soccer/baseball fields, and big tot playground. Close to I-370, I-270, ICC (MD 200), Needwood Lake, walking/hiking/biking trails

Last Agent to Rent the Property

Shuang Zhao

Signature Home Realty LLC License #656735 Listed on: 08/05/2015

Last Renter's Agent

Douglas Kenny

RE/MAX Pros

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,996

Year Built

  • Built in 1985

Lot Details

  • 1,483 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Game Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Parking

  • Parking Space Number Location: 2
  • 2 Assigned Parking Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Tenant pays for insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, exterior maintenance, minor interior maintenance, all utilities, trash removal
  • Rent includes hoa/condo fee, parking, taxes, trash removal
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 10/1/15
  • $40 Application Fee
  • Assessor Parcel Number 160902515125

Community Details

Overview

  • Property has a Home Owners Association
  • Park Overlook Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,996

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Date Available: 2015-10-01
  • Application Fee: 40.00
  • Lease Term: Other
  • Pet Deposit: 300.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Parking, Taxes, Trash Removal
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Exterior Maintenance, Minor Interior Maintenance, Utilities - All, Trash Removal
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 1

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1985
  • Remarks Public: Location! Bright 2 story townhouse with walkout basement. New HVAC, stove and dryer. New painting. Large Bay-window. Fenced backyard with shed. Walk distance to Shady Grove Metro (Red Line). Next to Blueberry Hill park. swim pool, tennis/basketball courts, soccer/baseball fields, and big tot playground. Close to I-370, I-270, ICC (MD 200), Needwood Lake, walking/hiking/biking trails
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 1.32
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7707

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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
  • School District Key: 121138126809
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 1483
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1483.00
  • Property Attached Yn: Yes
  • Zoning: PD5

Tax Info

  • Assessor Parcel Number: 13968843
  • Assessor Parcel Number: 160902515125
  • Tax Total Finished Sq Ft: 1520
  • Close Date: 11/01/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2005
Sold by
Li Gang and Li W
Bought by
Chen Gang and Zhen Zhang
Current Estimated Value
$536,628

Purchase Details

Closed on
Mar 3, 2005
Sold by
Li Gang and Li W
Bought by
Chen Gang and Zhen Zhang

Purchase Details

Closed on
Feb 28, 2000
Sold by
Yakovenko Yevgeny
Bought by
Li Gang and Li W
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 Buyer Sale Price Title Company
Chen Gang $388,000 --
Chen Gang $388,000 --
Li Gang $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chen Gang $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2015 11/01/15 Rented $2,100 -4.5% --
10/27/2015 10/27/15 Under Contract -- -- --
08/05/2015 08/05/15 For Rent $2,200 -- --
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 $4,996 $417,733 -- --
2024 $4,996 $403,067 $0 $0
2023 $4,810 $388,400 $180,000 $208,400
2022 $4,508 $378,833 $0 $0
2021 $4,227 $369,267 $0 $0
2020 $4,227 $359,700 $180,000 $179,700
2019 $4,130 $352,067 $0 $0
2018 $4,044 $344,433 $0 $0
2017 $4,028 $336,800 $0 $0
2016 -- $316,900 $0 $0
2015 $3,092 $297,000 $0 $0
2014 $3,092 $277,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shuang Zhao

    Landlord's Agent in 2015

    Shuang Zhao

    Signature Home Realty LLC

    (301) 250-1095

    167 Total Sales

    Shuang Zhao
    Section Image

  • D

    Tenant's Agent in 2015

    Douglas Kenny

    RE/MAX

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Map

Source: Bright MLS

MLS Number: 1002364725

Bright MLS

APN: 09-02515125

Maryland Montgomery County Derwood 20855

7707 Majestic Way, Derwood, MD

This home is located at 7707 Majestic Way, Derwood, MD 20855 since 05 August 2015 and is currently priced at $536,628. This property was built in 1985. 7707 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.

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