NOT LISTED FOR SALE

7824 Rydal Terrace Derwood, MD 20855

Estimated Value: $731,348 - $784,000

5 Beds
3.5 Baths
2,402 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $541,000 $225 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,587/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Candlewood Elementary School Rated A
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of June 2014

Beautifully updated brick front house on quiet cul de sac. New carpet & hardwood floors. New kitchen w/ granite counter tops & stainless steel appls. Fully finished lower level w/ huge rec room plus bonus room w/ full bath. Spacious master bedroom w/ luxurious updated master bath-jacuzzi tub & separate shower. Sitting room next to master could be used as a huge walk in closet. Location!!

Last Agent to Sell the Property

Enoch Moon

Realty 1 Maryland, LLC License #592508 Listed on: 05/18/2014

Last Buyer's Agent

Enoch Moon

Realty 1 Maryland, LLC License #592508 Listed on: 05/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 1974

Lot Details

  • 8,678 Sq Ft Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Redland Station Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160901536645

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,431

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1974
  • Remarks Public: Beautifully updated brick front house on quiet cul de sac. New carpet & hardwood floors. New kitchen w/ granite counter tops & stainless steel appls. Fully finished lower level w/ huge rec room plus bonus room w/ full bath. Spacious master bedroom w/ luxurious updated master bath-jacuzzi tub & separate shower. Sitting room next to master could be used as a huge walk in closet. Location!!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Washer, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 7824

Beds/Baths

  • Bedrooms: 5
  • 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

  • Construction Materials: Combination, Brick, Brick Front
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 174600.00
  • Land Assessed Value: 189800.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8678
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8678.00
  • Year Assessed: 2014
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13946796
  • Tax Annual Amount: 4430.80
  • Assessor Parcel Number: 160901536645
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 2402
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 06/25/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2014
Closed on
Jun 24, 2014
Sold by
K&E Investments Llc
Bought by
Malik Vikas and Sehgal Kavita
Seller's Agent
Enoch Moon
Realty 1 Maryland, LLC
Buyer's Agent
Enoch Moon
Realty 1 Maryland, LLC
List Price
$559,990
Sold Price
$541,000
Premium/Discount to List
-$18,990
-3.39%
Current Estimated Value
$759,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,837
Avg. Annual Appreciation
3.19%
Original Mortgage
$420,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2014
Sold by
Spencer Beverly M and Spencer Daniel P
Bought by
K&E Investments Llc

Purchase Details

Closed on
Oct 19, 1988
Bought by
Spencer Daniel P and B M
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
Malik Vikas $541,000 Quantum Title Corporation
K&E Investments Llc $389,000 Quantum Title Corporation
Spencer Daniel P $223,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Vikas $307,000
Closed Malik Vikas $395,000
Closed Malik Vikas $420,000
Previous Owner Spencer Daniel P $288,067
Previous Owner Spencer Daniel P $100,000
Previous Owner Spencer Daniel P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $541,000 -3.4% $225 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $559,990 -- $233 / 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 $6,469 $540,833 -- --
2024 $6,469 $509,167 $0 $0
2023 $5,389 $477,500 $236,400 $241,100
2022 $3,782 $469,267 $0 $0
2021 $4,866 $461,033 $0 $0
2020 $3,997 $452,800 $236,400 $216,400
2019 $5,533 $452,800 $236,400 $216,400
2018 $5,535 $452,800 $236,400 $216,400
2017 $6,983 $456,900 $0 $0
2016 -- $426,067 $0 $0
2015 $4,420 $395,233 $0 $0
2014 $4,420 $364,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Enoch Moon

    Seller's Agent in 2014

    Enoch Moon

    Realty 1 Maryland, LLC

    (410) 707-7448

    264 Total Sales

    Enoch Moon
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Map

Source: Bright MLS

MLS Number: 1002989766

Bright MLS

APN: 09-01536645

Maryland Montgomery County Derwood 20855

7824 Rydal Terrace, Derwood, MD

This home is located at 7824 Rydal Terrace, Derwood, MD 20855 since 18 May 2014 and is currently estimated at $759,837, approximately $316 per square foot. This property was built in 1974. 7824 Rydal Terrace 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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