NOT LISTED FOR SALE

7723 Majestic Way Derwood, MD 20855

Estimated Value: $548,000 - $612,000

4 Beds
3.5 Baths
2,180 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $573,100 $263 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,602/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Scenic Views
  • Deck
  • Candlewood Elementary School Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of February 2024

*OFFER DEADLINE - MONDAY, 02/05 @ 3:00 PM - PLEASE SUBMIT ALL OFFERS BY DEADLINE*
Welcome to this elegant 4 bedroom brick front townhome with 3.5 fully renovated bathrooms, offering a perfect blend of modern comfort and timeless charm. Nestled in the well-maintained community of Park Overlook, this residence boasts numerous NEW upgrades and thoughtful details throughout. As you enter the foyer, the ceramic tile floor invites you into the home, and a convenient coat closet adds functionality to the space. NEW Brazilian Cherry hardwoods lead you up the stairs into the hallway, where the large and upgraded, table-space kitchen, features ALL NEW quartz counters, subway tile backsplash, and stainless steel appliances, as well as an updated ceramic tile floor and freshly painted cabinets, and a ceiling fan with bay window, which creates an inviting atmosphere for both cooking and dining. There's also a powder room on this level for your guests. The dining room, with a passthrough window to the kitchen, features crown and chair rail moldings and a smart thermostat, which ensures optimal climate control. The living/dining areas set an elegant tone with freshly refinished hardwood floors with a unique open floor, overlooking the lower level with a NEW ceiling fan above. A slider from the living area opens to a freshly painted wood deck, offering a serene space to unwind. Ascend the NEW Brazilian Cherry hardwood stairway to the upper level, where the primary bedroom awaits with a double door entry, NEW Brazilian Cherry hardwood floors, vaulted ceiling, six-panel doors, ceiling fan and walk-in closet. The all NEW fully renovated en suite bath is a haven of luxury, featuring porcelain tile flooring, a new vanity with quartz countertop, a separate shower and tub, both with full porcelain tile surround and designer inlay. There are also two additional bedrooms down the hall, also adorned with NEW Brazilian Cherry hardwoods, vaulted ceilings, NEW ceiling fans, and six-panel doors, as well as another NEW, fully renovated hall bath also with ALL NEW vanity, porcelain tile floor and porcelain tile surround. The walk-out lower level impresses with a recreation room featuring NEW Luxury Vinyl Plank (LVP) flooring, a wood-burning fireplace with a marble hearth and surround, and wet bar with a composite counter and cabinets, mirrors above, and recessed lights making this space ideal for entertaining. The slider leads out to the lower patio and fully fenced and gated yard with ALL NEW Fence tops. The NEW, fully renovated full bath on this level boasts porcelain tile flooring, with NEW toilet and vanity, and NEW shower with full porcelain tile surround and designer inlay. A legal 4th bedroom, also with NEW LVP floor and closet completes the finished portion of the lower level. The laundry/utility room includes the regularly serviced HVAC with NEW motor and a front-loading washer and dryer, just 4 years old, and there's also an updated electric panel and plenty of storage, including under the stairway. This gorgeous townhome, which also offers two assigned parking spaces, is not just a residence, but a lifestyle of comfort, convenience, and luxury. Don't miss the opportunity to make this meticulously maintained property your new home! Just a short walk to the community pool and basketball court. Blueberry Hill Park is right across the street. Also close to Shady Grove Metro, Rock Creek Park, Lake Needwood and plenty of shopping and restaurant options.

Last Agent to Sell the Property

Bryan Kerrigan

(301) 525-7453 bryan.kerrigan@redfin.com Redfin Corp License #644396 Listed on: 02/01/2024

Redfin Corp

Last Buyer's Agent

Janice Valois

(301) 502-2103 janice.valois@compass.com Compass License #520766

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1985

Lot Details

  • 1,600 Sq Ft Lot
  • East Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $129 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Scenic Vista Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Windows

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Paved Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 160902515193

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Park Overlook HOA
  • Park Overlook Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,585

Year Built

Built in 1985

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-02-01
  • Federal Flood Zone: No
  • Year Built: 1985
  • Assigned Parking Space Numbers: 212, 212
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Humidifier, Microwave, Oven/Range - Electric, Refrigerator, Washer, Dryer, Cooktop, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Hardwood, Luxury Vinyl Plank, Solid Hardwood
  • Interior Amenities: Window Treatments, Primary Bath(s), Attic, Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s)
  • Window Features: Screens, Storm
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm, Six Panel
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings
  • Foundation Details: Other
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Utility Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Has Laundry, Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2180
  • Price Per Sq Ft: 355.20
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 660
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7723

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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, Combination, Brick Front, Vinyl Siding
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Scenic Vista
  • 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, Paved Parking, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 129.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Common Grounds, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: PARK OVERLOOK HOA
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

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 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Privacy, Wood
  • Land Use Code: R
  • Lot Features: Backs To Trees, Landscaping
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5585.00
  • Assessor Parcel Number: 160902515193
  • Tax Lot: 212
  • Tax Total Finished Sq Ft: 1820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 22, 2024
Sold by
Powers Janis R
Bought by
Peacock Gregory Levin and Otto Adam Nicholas
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Janice Valois
Compass
List Price
$539,900
Sold Price
$573,100
Premium/Discount to List
$33,200
6.15%
Views
114
Current Estimated Value
$577,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,174
Avg. Annual Appreciation
0.47%
Original Mortgage
$515,790
Outstanding Balance
$507,162
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$70,112

Purchase Details

Closed on
Aug 9, 2023
Sold by
Powers Janis R and Powers Marie Yvonne
Bought by
Powers Janis R

Purchase Details

Closed on
Dec 31, 2002
Sold by
Kosh Sean
Bought by
Powers Marie Y

Purchase Details

Closed on
Nov 3, 1997
Sold by
Mark D Saba
Bought by
Sean Kosh
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
Peacock Gregory Levin $573,100 None Listed On Document
Peacock Gregory Levin $573,100 None Listed On Document
Powers Janis R -- None Listed On Document
Powers Janis R -- None Listed On Document
Powers Marie Y $277,000 --
Sean Kosh $175,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Gregory Levin $515,790
Closed Peacock Gregory Levin $515,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $573,100 +6.1% $263 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $539,900 -- $248 / 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 $5,085 $425,933 -- --
2024 $5,085 $410,767 $0 $0
2023 $5,585 $395,600 $180,000 $215,600
2022 $3,892 $385,700 $0 $0
2021 $3,603 $375,800 $0 $0
2020 $3,603 $365,900 $180,000 $185,900
2019 $3,503 $358,000 $0 $0
2018 $4,107 $350,100 $0 $0
2017 $4,089 $342,200 $0 $0
2016 -- $322,033 $0 $0
2015 $3,827 $301,867 $0 $0
2014 $3,827 $281,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2118320

Bright MLS

APN: 09-02515193