NOT LISTED FOR SALE

7202 Millcrest Terrace Derwood, MD 20855

Estimated Value: $431,000 - $459,000

3 Beds
2.5 Baths
1,266 Sq Ft
$354/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $450,000 $355 Per Sq Ft

Current estimated payment $3,016/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property is in very good condition
  • Mill Creek Towne Elementary School Rated A

About This Home

As of October 2024

**Offer deadline set for Monday May 27 by 7pm** Updated, sun filled and spacious townhouse condo ready for your final touches. Freshly painted interior and most major renovations completed in 2021 including: all windows and doors, gutters, HVAC system, kitchen, master bath, half bath, flooring, washer and dryer. Amazing location, walkable to shopping and restaurants, minutes to route 270, 200, and Shady Grove Metro.

Last Listed By

Hersh Kapoor

Long & Foster Real Estate, Inc. License #0225253870 Listed on: 05/23/2024

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1971

Lot Details

  • Property is in very good condition

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • 1,266 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Parking Permit Included
  • 1 Assigned Parking Space

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 160900786478

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn maintenance, parking fee, road maintenance, snow removal
  • Mill Creek Subdivision
  • Property has 4.5 Levels

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,712

Year Built

Built in 1971

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-23
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: **Offer deadline set for Monday May 27 by 7pm** Updated, sun filled and spacious townhouse condo ready for your final touches. Freshly painted interior and most major renovations completed in 2021 including: all windows and doors, gutters, HVAC system, kitchen, master bath, half bath, flooring, washer and dryer. Amazing location, walkable to shopping and restaurants, minutes to route 270, 200, and Shady Grove Metro.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 4.5
  • Basement: Yes
  • Total Sq Ft: 1266
  • Living Area Sq Ft: 1266
  • Price Per Sq Ft: 339.65
  • Above Grade Finished Sq Ft: 1266
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7202

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Permit Included, Assigned
  • 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
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 165.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Parking Fee, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RT
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3712.00
  • Assessor Parcel Number: 160900786478
  • Tax Total Finished Sq Ft: 1266
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/11/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Oct 11, 2024
Sold by
Yeoman James Henry and Yeoman Felix
Bought by
Tocas Freddy R Venturozo and Bustos Erika S
Seller's Agent
Hersh Kapoor
Long & Foster Real Estate, Inc.
Buyer's Agent
Luis Bautista
Smart Realty, LLC
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Total Days on Market
5
Views
76
Current Estimated Value
$447,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,212
Avg. Annual Appreciation
-0.93%
Original Mortgage
$337,500
Outstanding Balance
$336,197
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$111,591

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 12, 2024
Sold by
Serey Living Trust and Serey Paul Reynolds
Bought by
Yeoman James H
Seller's Agent
Hersh Kapoor
Long & Foster Real Estate, Inc.
Buyer's Agent
Luis Bautista
Smart Realty, LLC
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$336,197
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$111,591

Purchase Details

Closed on
Oct 14, 2003
Sold by
Serey Paul R Tr
Bought by
Yeoman James H

Purchase Details

Closed on
Apr 8, 1998
Sold by
Serey Paul R and Serey A T
Bought by
Paul R Serey Tr

Range of Values:

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Average Value
Not Available
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
Tocas Freddy R Venturozo $450,000 Kensington Realty Title
Yeoman James H $177,000 --
Yeoman James H $177,000 --
Paul R Serey Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tocas Freddy R Venturozo $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $450,000 +4.7% $355 / Sq Ft
05/23/2024 05/23/24 For Sale $430,000 -- $340 / 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
2024 $4,213 $331,667 $0 $0
2023 $3,712 $290,000 $87,000 $203,000
2022 $2,257 $280,000 $0 $0
2021 $3,291 $270,000 $0 $0
2020 $2,410 $260,000 $78,000 $182,000
2019 $3,052 $251,667 $0 $0
2018 $2,957 $243,333 $0 $0
2017 $2,502 $235,000 $0 $0
2016 -- $235,000 $0 $0
2015 $2,881 $235,000 $0 $0
2014 $2,881 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2131026

Bright MLS

APN: 09-00786478