NOT LISTED FOR SALE

8227 Castanea Ln Derwood, MD 20855

Estimated Value: $723,000 - $893,000

3 Beds
3.5 Baths
2,500 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $539,545 $216 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,034/month

62 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Wood Flooring
  • Open Floorplan
  • Vaulted Ceiling
  • 1-minute walk to Amity Drive Neighborhood Park

About This Home

As of January 2014

IMMEDIATE DELIVERY. $10K CLOSING. WALK TO MARC. MINUTES TO METRO, 370, 270 & ICC! PRIVATE ENCLAVE OF HOMES SURROUNDED BY MATURE TREES. 24' WIDE OPEN FLRPLN W/3 FIN. LEVELS! FORMAL LR & DR W/ELEGANT COLUMNS. SPACIOUS KIT W/BRKFST AREA OPEN TO FAM RM. PALATIAL MASTER BDRM & SECONDARY BDRMS FEATURE VAULTED CEILINGS. LUXURIOUS MASTER BA.; END UNIT WITH DECK.

Last Agent to Sell the Property

Bob Lucido

Toll MD Realty, LLC Listed on: 10/28/2013

Toll MD Realty, LLC

Last Buyer's Agent

Jian Lin

Evergreen Properties

Evergreen Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 2,957 Sq Ft Lot
  • 1 Common Wall
  • Southwest Facing Home
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Gym
  • Wood Flooring
  • Monitored
  • Partially Finished Basement

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 160903663545

Community Details

Overview

  • $750 Other One-Time Fees
  • Built by TOLL BROTHERS INC.
  • Bradbury Carolina
  • The community has rules related to alterations or architectural changes, covenants

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,088

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Oven/Range - Gas
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Dining Area, Kitchen - Eat-In, Master Bath(s), Crown Moldings, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Low-E
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Lower Floor
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Breakfast Room, Bedroom 1, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 216.12
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Combination, Brick, Brick Front, Frame
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Sprinkler System - Indoor, Carbon Monoxide Detector(s), Security System
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Pets - Allowed, Restrictions
  • HOA: Yes

Fee Information

  • Other Fees: 750.00
  • Other Fees Frequency: One Time

Lot Info

  • Land Assessed Value: 96000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.07
  • Lot Size Area: 2957
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2957.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R90

Green Features

  • R Factor Basement: 19
  • R Factor Ceilings: 38
  • R Factor Ext Walls: 19

Building Info

  • Builder Name: TOLL BROTHERS INC.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14114323
  • Tax Annual Amount: 1087.68
  • Assessor Parcel Number: 160903663545
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/17/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 17, 2014
Sold by
Toll Md Ii Llc
Bought by
Chi Lihong and Bocvarov Spiro
Seller's Agent
Bob Lucido
Toll MD Realty, LLC
Buyer's Agent
Jian Lin
Evergreen Properties
List Price
$540,295
Sold Price
$539,545
Premium/Discount to List
-$750
-0.14%
Current Estimated Value
$798,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,930
Avg. Annual Appreciation
3.62%
Original Mortgage
$150,000
Outstanding Balance
$108,206
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$706,777
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
Chi Lihong $539,545 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Lihong $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $539,545 -0.1% $216 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $540,295 -- $216 / 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 $7,009 $621,967 -- --
2024 $7,009 $575,933 $0 $0
2023 $5,770 $529,900 $175,000 $354,900
2022 $5,503 $529,900 $175,000 $354,900
2021 $5,449 $529,900 $175,000 $354,900
2020 $5,449 $531,600 $175,000 $356,600
2019 $5,411 $529,433 $0 $0
2018 $5,390 $527,267 $0 $0
2017 $5,472 $525,100 $0 $0
2016 -- $525,100 $0 $0
2015 $964 $525,100 $0 $0
2014 $964 $564,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bob Lucido

    Toll MD Realty, LLC

    Section Image

  • J

    Buyer's Agent in 2014

    Jian Lin

    Evergreen Properties

    (202) 361-6335

    3 Total Sales

    Jian Lin
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003754924

Bright MLS

APN: 09-03663545

Maryland Montgomery County Derwood 20855

8227 Castanea Ln, Derwood, MD

This home is located at 8227 Castanea Ln, Derwood, MD 20855 since 28 October 2013 and is currently estimated at $798,475, approximately $319 per square foot. This property was built in 2013. 8227 Castanea Ln is a home located in Montgomery County with nearby schools including Washington Grove Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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