NOT LISTED FOR SALE

7719 Majestic Way Derwood, MD 20855

Estimated Value: $484,000 - $563,000

3 Beds
3.5 Baths
2,120 Sq Ft
$250/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Candlewood Elementary School Rated A
  • Deck
  • Garden View

About This Home

As of July 2024

Location Location Location! Close to Shady Grove Metro, I-270 and the ICC Connector - a commuters' delight, no matter where you are headed. Nicely updated brick front townhouse with three bedrooms and two baths on the upper level. The main suite bathroom is nicely updated. In addition, a den or bedroom and full bath in the lower level. The kitchen has been nicely updated with granite counters and updated cabinets, stainless steel appliances and a dining area that leads to a spacious and inviting deck where you can grill, dine or just host friends at any time. The first and second levels have beautiful hardwood floors projecting a clean elegant ambiance. Your basement can accommodate that teenager who is looking for more privacy or in-laws' visits; you will also find a cozy family room with full size windows and a wood burning fireplace that walks to a brick patio and small fenced yard. Enjoy a community pool, basketball courts, and Blueberry Park right across the street with a playground, tennis courts and picnic areas ++ a short drive to Lake Needwood, a great place to visit for all nature lovers.
Owners are looking for a well-qualified tenant with a credit score of 760+, no pets, no smoking, monthly income of 90K or higher and debt to income ratio lower than 45%. No more than 4-5 occupants and two incomes to qualify.

Last Agent to Rent the Property

Libby Bryant

Samson Properties Listed on: 06/28/2024

Samson Properties

Co-Listed By

Carmen Lovelace

Samson Properties License #530475

Last Renter's Agent

Matt Gloger

Compass License #5009549

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Hung Windows
  • Bay Window
  • Sliding Windows
  • Window Screens
  • Dining Area
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Finished Basement

  • English Basement
  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Rear Basement Entry
  • Shelving
  • Workshop
  • Basement Windows

Parking

  • Assigned parking located at #2
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,900
  • Tenant pays for electricity, exterior maintenance, gutter cleaning, all utilities, frozen waterpipe damage, heat, lawn/tree/shrub care, minor interior maintenance, sewer
  • Rent includes parking, trash removal
  • No Smoking Allowed
  • 24-Month Min and 36-Month Max Lease Term
  • Available 7/8/24
  • $45 Application Fee
  • Assessor Parcel Number 160902515171

Community Details

Overview

  • Property has a Home Owners Association
  • Park Overlook Homeowners Assoc HOA
  • Park Overlook Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Pool
  • Jogging Path

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,161

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Date Available: 2024-07-08
  • Application Fee: 45.00
  • Pets Allowed: No
  • Rent Includes: Parking, Trash Removal
  • Security Deposit: 2900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Exterior Maintenance, Gutter Cleaning, Utilities - All, Frozen Waterpipe Damage, Heat, Lawn/Tree/Shrub Care, Minor Interior Maintenance, Sewer
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 24
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-01
  • Federal Flood Zone: No
  • Year Built: 1985
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Remarks Public: Location Location Location! Close to Shady Grove Metro, I-270 and the ICC Connector - a commuters' delight, no matter where you are headed. Nicely updated brick front townhouse with three bedrooms and two baths on the upper level. The main suite bathroom is nicely updated. In addition, a den or bedroom and full bath in the lower level. The kitchen has been nicely updated with granite counters and updated cabinets, stainless steel appliances and a dining area that leads to a spacious and inviting deck where you can grill, dine or just host friends at any time. The first and second levels have beautiful hardwood floors projecting a clean elegant ambiance. Your basement can accommodate that teenager who is looking for more privacy or in-laws' visits; you will also find a cozy family room with full size windows and a wood burning fireplace that walks to a brick patio and small fenced yard. Enjoy a community pool, basketball courts, and Blueberry Park right across the street with a playground, tennis courts and picnic areas ++ a short drive to Lake Needwood, a great place to visit for all nature lovers. Owners are looking for a well-qualified tenant with a credit score of 760+, no pets, no smoking, monthly income of 90K or higher and debt to income ratio lower than 45%. No more than 4-5 occupants and two incomes to qualify.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Dryer - Electric
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow, Double Hung, Screens, Skylights, Sliding
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, English, Fully Finished, Full, Heated, Improved, Interior Access, Rear Entrance, Shelving, Walkout Level, Windows, Workshop
  • Basement Finished Percent: 80.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2120
  • Price Per Sq Ft: 1.91
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 160
  • Total Below Grade Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7719

Beds/Baths

  • Bedrooms: 3
  • 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
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Water Available, Electric Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Basketball Courts, Jog/Walk Path, Picnic Area
  • HOA Name: PARK OVERLOOK HOMEOWNERS ASSOC
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Very Good
  • Zoning: PD5

Tax Info

  • Assessor Parcel Number: 160902515171
  • Close Date: 07/15/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2012
Sold by
Oconnor Edward F and Edward F Oconnor Revocable Tru
Bought by
Melandri Alejandro Daniel and Funes Mirta Nydia
Current Estimated Value
$530,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 9, 2003
Sold by
O'Connor Edward F and O'Connor Joan M
Bought by
O'Connor Edward F Et Al Tr

Purchase Details

Closed on
Jul 18, 2001
Sold by
Lesch Douglas W
Bought by
O'Connor Edward F and O'Connor Joan M

Purchase Details

Closed on
Nov 16, 1995
Sold by
Jen Su and Jen Kau
Bought by
Lesch Douglas W
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
Melandri Alejandro Daniel $366,500 None Available
O'Connor Edward F Et Al Tr -- --
O'Connor Edward F $181,000 --
Lesch Douglas W $176,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Melandri Alejandro Daniel $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Rented $2,900 0.0% --
06/28/2024 06/28/24 For Rent $2,900 +18.4% --
06/07/2021 06/07/21 Rented $2,450 0.0% --
05/16/2021 05/16/21 For Rent $2,450 +4.3% --
04/24/2019 04/24/19 Rented $2,350 0.0% --
04/20/2019 04/20/19 For Rent $2,350 0.0% --
04/20/2019 04/20/19 Under Contract -- -- --
04/19/2019 04/19/19 For Rent $2,350 0.0% --
04/17/2019 04/17/19 Off Market $2,350 -- --
04/06/2019 04/06/19 For Rent $2,350 +4.4% --
10/19/2017 10/19/17 Rented $2,250 -4.3% --
10/17/2017 10/17/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $2,350 -- --
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 $5,161 $433,000 -- --
2024 $5,161 $417,400 $0 $0
2023 $4,964 $401,800 $180,000 $221,800
2022 $4,649 $391,600 $0 $0
2021 $4,353 $381,400 $0 $0
2020 $4,353 $371,200 $180,000 $191,200
2019 $4,251 $363,067 $0 $0
2018 $4,160 $354,933 $0 $0
2017 $3,449 $346,800 $0 $0
2016 -- $326,400 $0 $0
2015 $3,178 $306,000 $0 $0
2014 $3,178 $285,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2136746

Bright MLS

APN: 09-02515171