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7015 Universal Court

7015 Universal Court, Derwood, MD 20855
Property in Redland
Sold Jun 09, 2023
$1,009,266
7015 Universal Court has been categorized by the local assessors in Derwood, MD as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The area measurement of the land has been determined as 1,872 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7015 Universal Court sold most recently in Jun 9, 2023 for a total of $1,009,266. If you work out the math, that's approximately a cost of $342.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $878 in taxes each year. 7015 Universal Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $763,200. If we break it down further, the land itself was valued at $152,400. Improvements to the property, however, were assessed at a total of $610,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Stone Exterior

Driveway

Driveway

Parking

Accessible Parking
Garage Parking

Accessibility

Elevators
ADA Access

Building Style

Contemporary
Colonial

Facilities

Laundry Room
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Style: Townhouse
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,872
  • Total Building Area: 2,951
  • Gross Building Area: 2,951
  • Building Area: 2,951
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASHELL ESTATES
  • Land Acres: 0.043
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CASHELL ESTATES

Ownership

  • Current Owner : HUGHES JUSTIN G
  • Previous Owner : GARRETT GATEWAY PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701212

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: GT41
  • Account Number: 03842390
  • District: 04
  • Parcel: 04-03842390
  • Block: B
  • Lot: 28
  • Latitude: 39.1395
  • Longitude: -77.1432

    Address

  • Full Address: 7015 Universal Ct
  • Address - House Number: 7015
  • Address - Street Name: Universal
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Derwood
  • Carrier Code: C019
  • 4-Digit Zip Code: 1544
  • Zip Code: 20855

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $878

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 808,372
  • High Value: 863,639
  • Low Value: 753,105

    Market Valuation

  • Market Total Value: $763,200
  • Market Land Value: $152,400
  • Market Improvement Value: $610,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $763,200
  • Assessed Land Value: $152,400
  • Assessed Improvements Value: $610,800

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11907872126
  • Current Sale Price: $1,009,266
  • Current Sale Document Type: Deed

About Redland



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Nearby Rentals

Unit for rent at 7727 Ironforge Ct, DERWOOD, MD, 20855

$2,600 /mo

  • 4 Beds
  • 3 Baths
  • 1,520 ft²
7727 Ironforge Ct, DERWOOD, MD, 20855 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 7015 Universal Court located in?
The 7015 Universal Court is a located in the neighborhood of Redland in Redland, Derwood.
What is the average sales price for listings in 7015 Universal Court?
The average sales price for units in 7015 Universal Court is $0 currently.

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