NOT LISTED FOR SALE

7716 Timbercrest Dr Derwood, MD 20855

Estimated Value: $764,000 - $815,595

4 Beds
3.5 Baths
3,728 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $625,000 $168 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,998/month

Highlights

  • 0.35 Acre Lot
  • Colonial Architecture
  • Bonus Room
  • Candlewood Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of September 2020

Beautiful well maintained colonial home in Park Overlook! One of the larger homes in the neighborhood, situated on a private cul-de-sac. Main level family room, glass slider, formal living and dining room, and main level office/den. Beautiful hardwood floors, granite counters, and main level laundry room.  Wood burning mantled fireplace. Lower level fully renovated and finished, offering a wet bar with counter space, two large rooms, lower level walk-out, and full bathroom. Recessed lighting, family, and recreation area. Spacious deck, oversized two-car garage, and a large flat backyard. Close proximity to 355, the ICC, and walking distance to Shady Grove Metro station.

Last Agent to Sell the Property

Delilah Dane

Redfin Corp Listed on: 08/25/2020

Redfin Corp

Last Buyer's Agent

George Rillera

Servus Realty, LLC License #6252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,030

Year Built

  • Built in 1985

Lot Details

  • 0.35 Acre Lot
  • Property is zoned PD5

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Electric Front Loading Dryer
  • Front Loading Washer

Improved Basement

  • Rear Basement Entry
  • Sump Pump

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 160902365556

Community Details

Overview

  • Association fees include pool(s), snow removal, trash
  • Park Overlook Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,030

Year Built

Built in 1985

Lot Details

0

HOA Fees

$61 per month

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: 2020-08-25
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful well maintained colonial home in Park Overlook! One of the larger homes in the neighborhood, situated on a private cul-de-sac. Main level family room, glass slider, formal living and dining room, and main level office/den. Beautiful hardwood floors, granite counters, and main level laundry room.  Wood burning mantled fireplace. Lower level fully renovated and finished, offering a wet bar with counter space, two large rooms, lower level walk-out, and full bathroom. Recessed lighting, family, and recreation area. Spacious deck, oversized two-car garage, and a large flat backyard. Close proximity to 355, the ICC, and walking distance to Shady Grove Metro station.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer - Front Loading, Dryer - Front Loading, Dryer - Electric
  • Interior Amenities: Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Wet/Dry Bar, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Bedroom 1, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Sump Pump, Rear Entrance, Improved
  • Total Sq Ft: 3728
  • Living Area Sq Ft: 3728
  • Price Per Sq Ft: 230.80
  • Above Grade Finished Sq Ft: 2552
  • Below Grade Finished Sq Ft: 1176
  • Total Below Grade Sq Ft: 1176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7716

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 183.21
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 264500.00
  • Land Assessed Value: 256600.00
  • Land Use Code: 011
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15055.00
  • Year Assessed: 2020
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13966624
  • Tax Annual Amount: 6030.00
  • Assessor Parcel Number: 160902365556
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2552
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 30, 2020
Sold by
Peng Yun and Yi Hsiao Ye
Bought by
Dabu Rolando and Dabu Noemi Rosqueta
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
George Rillera
Servus Realty, LLC
List Price
$589,000
Sold Price
$625,000
Premium/Discount to List
$36,000
6.11%
Current Estimated Value
$792,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,649
Avg. Annual Appreciation
4.83%
Original Mortgage
$593,750
Outstanding Balance
$528,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,859

Purchase Details

Closed on
Aug 31, 1998
Sold by
P Robert L and P Rabe M
Bought by
Yun and H
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
Dabu Rolando $625,000 Jacquies Title Group
Yun $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabu Rolando $593,750
Previous Owner Peng Yun $186,698
Previous Owner Peng Yun $250,000
Previous Owner Peng Yun $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $625,000 +6.1% $168 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $589,000 -- $158 / 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 $7,521 $649,633 -- --
2024 $7,521 $614,467 $0 $0
2023 $6,402 $579,300 $256,600 $322,700
2022 $5,894 $559,900 $0 $0
2021 $5,625 $540,500 $0 $0
2020 $4,158 $521,100 $256,600 $264,500
2019 $10,677 $518,067 $0 $0
2018 $4,039 $515,033 $0 $0
2017 $5,217 $512,000 $0 $0
2016 -- $487,633 $0 $0
2015 $5,648 $463,267 $0 $0
2014 $5,648 $438,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC722022

Bright MLS

APN: 09-02365556