$451,500
SOLD JUL 31, 2024

7281 Millcrest Terrace Derwood, MD 20855

3 Beds
2.5 Baths
1,266 Sq Ft
$160/mo HOA Fee

Recently Sold

$357 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Property is in very good condition
  • Mill Creek Towne Elementary School Rated A
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of July 2024

This lovely 3 BR, 2 1/2 updated bath townhome, in the desired Mill Creek TH subdivision in Rockville, awaits your finishing touches. High volume ceilings & hard wood floors abound. Lower level finished "movie night", work out, playroom..... Brick, fenced in patio offers Zen like space: refresh & energize. December 2022: New Bryant Preferred 16 SEER HVAC with Aprilaire air purifier and Ecobee smart Thermostat installed. AWESOME neighborhood, easy access to shopping, restaurants and much more. Close to 3 parks, hiking trails leading to Agricultural History Farm Park, Shady Grove Metro Stop, etc.

Last Agent to Sell the Property

Bob Rodman

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gabriela Cruz

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1971

Lot Details

  • Wood Fence
  • Property is in very good condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Assigned Parking Space
  • Unassigned Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 160900786046

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn maintenance, parking fee, road maintenance, snow removal
  • Summit Management Condos
  • 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

$160 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-31
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: This lovely 3 BR, 2 1/2 updated bath townhome, in the desired Mill Creek TH subdivision in Rockville, awaits your finishing touches. High volume ceilings & hard wood floors abound. Lower level finished "movie night", work out, playroom..... Brick, fenced in patio offers Zen like space: refresh & energize. December 2022: New Bryant Preferred 16 SEER HVAC with Aprilaire air purifier and Ecobee smart Thermostat installed. AWESOME neighborhood, easy access to shopping, restaurants and much more. Close to 3 parks, hiking trails leading to Agricultural History Farm Park, Shady Grove Metro Stop, etc.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 4.5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1266
  • Living Area Sq Ft: 1266
  • Price Per Sq Ft: 327.72
  • Above Grade Finished Sq Ft: 1266
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7281

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
  • 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: Assigned, Unassigned

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 160.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Management
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Parking Fee, Road Maintenance, Snow Removal
  • HOA Name: SUMMIT MANAGEMENT
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Fencing: Wood
  • Land Use Code: U
  • 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: 160900786046
  • Tax Total Finished Sq Ft: 1266
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $451,500 +8.8% $357 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $414,888 +9.5% $328 / Sq Ft
05/14/2021 05/14/21 Sold $379,000 -0.2% $299 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $379,900 +24.6% $300 / Sq Ft
04/11/2018 04/11/18 Sold $305,000 -0.8% $241 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $307,500 +14.3% $243 / Sq Ft
05/10/2013 05/10/13 Sold $269,000 -3.9% $97 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $279,900 0.0% $101 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $279,900 -- $101 / Sq Ft
Source: Bright MLS

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 $3,020 $290,000 $87,000 $203,000
2022 $2,759 $280,000 $0 $0
2021 $2,599 $270,000 $0 $0
2020 $4,931 $260,000 $78,000 $182,000
2019 $4,721 $251,667 $0 $0
2018 $2,265 $243,333 $0 $0
2017 $2,274 $235,000 $0 $0
2016 $2,189 $235,000 $0 $0
2015 $2,189 $235,000 $0 $0
2014 $2,189 $235,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,955 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $399,475 New Conventional
Previous Owner $255,550 New Conventional
Previous Owner $261,250 Purchase Money Mortgage
Previous Owner $261,250 Purchase Money Mortgage
Previous Owner $29,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $280,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $77,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $451,500 First American Title
Deed $370,000 Flynn Title
Deed $305,000 Flynn Title
Deed $269,000 First American Title Ins Co
Deed $275,000 --
Deed $301,853 --
Deed $275,000 --
Deed $301,853 --
Deed $120,000 --
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2133362

Bright MLS

APN: 09-00786046