7205 Panorama Dr Derwood, MD 20855
Estimated payment $4,621/month
Total Views
2,088
4
Beds
2.5
Baths
2,587
Sq Ft
$282
Price per Sq Ft
Highlights
- Popular Property
- Gourmet Kitchen
- Open Floorplan
- Candlewood Elementary School Rated A
- 0.42 Acre Lot
- Colonial Architecture
About This Home
Welcome home to 7205 Panorama in the coveted Candlewood Park neighborhood. This spacious 4 bedroom, 2.5 bath home sets a new standard for spacious living and entertaining. The upgraded room, windows, kitchen and baths are sure to impress. This neighborhood really exemplifies "community". Lots of neighborhood activities including firetrucks for the kids during the holidays. The current owner has utilized the garage as a full gym, media center and family hangout zone and the garage is also "heated" with a super efficient heating system. The current owners have upgraded windows in the house to improve energy efficiency. Enjoy the wood burning fireplace in your den as well as the convenience of a main floor laundry room. The yards in this community are enormous (.42 acre) and offer virtually unlimited opportunities for play and relaxation. Thee is ample room for a firepit , badminton or virtually any activity you would want. The yard is completely fenced with access through the backyard to the elementary school. This lovely home features hardwood floors throughout. The windows are oversized and allow an abundance of natural light.
The dual circular floor plan is ideal for entertaining. Upstairs are four very large bedrooms. The primary suite offers great closet space and a tranquil spa bath. The lower level offers great ceiling height and a massive live/play area that is finished. You have access via the kitchen as well as a side entrance to the exterior of the home. An additional bathroom would be easy to install in the oversized storage/utility area. The elementary school which is a 30 second walk is a consistent draw to this neighborhood.
The gorgeous .42-acre professionally landscaped lot has flowers that bloom during three seasons, plus beautiful mature trees and shrubs. You’ll be able to ride your bike or walk to Shady Grove Metro, Lake Needwood Park & Golf Course and much more! You are just minutes to 270/370, all commuter routes, shopping, hiking and lesiure activities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,569
Year Built
- Built in 1966
Lot Details
- 0.42 Acre Lot
- Extensive Hardscape
- Property is in excellent condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- Oversized Parking
- Free Parking
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Combination Foundation
- Permanent Foundation
- Poured Concrete
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Double Pane Windows
- Double Hung Windows
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Attic
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Interior and Exterior Basement Entry
- Space For Rooms
- Basement Windows
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Exterior Lighting
- Outbuilding
- Playground
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Pellet Stove burns compressed wood to generate heat
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Candlewood Park Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 160400125064
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $6,569 | $517,833 | $0 | $0 |
| 2023 | $5,307 | $470,400 | $284,600 | $185,800 |
| 2022 | $4,988 | $466,233 | $0 | $0 |
| 2021 | $4,797 | $462,067 | $0 | $0 |
| 2020 | $4,797 | $457,900 | $271,000 | $186,900 |
| 2019 | $4,725 | $453,800 | $0 | $0 |
| 2018 | $4,662 | $449,700 | $0 | $0 |
| 2017 | $4,700 | $445,600 | $0 | $0 |
| 2016 | -- | $437,267 | $0 | $0 |
| 2015 | $4,861 | $428,933 | $0 | $0 |
| 2014 | $4,861 | $420,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | For Sale | $729,995 | +14.1% | $282 / Sq Ft |
| 11/16/2022 11/16/22 | Sold | $640,000 | -1.5% | $234 / Sq Ft |
| 10/30/2022 10/30/22 | Pending | -- | -- | -- |
| 10/20/2022 10/20/22 | Price Changed | $650,000 | -3.7% | $238 / Sq Ft |
| 10/06/2022 10/06/22 | For Sale | $675,000 | -- | $247 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $640,000 | Old Republic National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $224,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | New Conventional | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $55,000 | Credit Line Revolving | |
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $290,000 | Stand Alone Second | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $201,600 | No Value Available |
Source: Public Records
Similar Homes in Derwood, MD
Source: Bright MLS
MLS Number: MDMC2175252
APN: 04-00125064
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 16523 Kipling Rd
- 7500 Redland Park Place
- 16811 Bethayres Rd
- 7605 Nutwood Ct
- 7704 Eagles Head Ct
- 7706 Eagles Head Ct
- 17348 Founders Mill Dr
- 17028 Briardale Rd
- 7700 Epsilon Dr
- 15923 Chieftain Ave
- 7401 Mahaska Dr
- 16041 Bowery St
- 8044 Red Hook St
- 7808 Derwood St
- 16206 Decker Place
- 16650 Crabbs Branch Way
- 8161 Tompkins St
- 16119 Connors Way
- 7314 Oskaloosa Dr
- 16309 Columbus Ave