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7915 Bounding Bend Court

7915 Bounding Bend Court, Derwood, MD 20855
House in Redland
Refi Jun 03, 2014
Transfer
$274,125 by Quicken Loans Inc
Mortgage Due Jun 01, 2029
7915 Bounding Bend Court in Derwood, MD was first built in 1923 and is 101 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 33,959 square feet.

Learn more about the property and building on this page. The property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $0 in taxes per year. The property on 7915 Bounding Bend Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $384,500. To break that down further, the land itself was valued at $247,900. While improvements to the property were assessed at a total of $136,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,959
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEEDWOOD ETC VALENTINE GAR ENL

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700711

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GT21 0 P331
  • Account Number: 03129274
  • District: 09
  • Parcel: 09-03129274
  • Latitude: 39.1387
  • Longitude: -77.1654

    Address

  • Full Address: 7915 Bounding Bend Ct
  • Address - House Number: 7915
  • Address - Street Name: Bounding Bend
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Derwood
  • Carrier Code: C006
  • 4-Digit Zip Code: 2549
  • Zip Code: 20855

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 523,522
  • High Value: 599,463
  • Low Value: 447,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,125
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2014
  • First Open Lien Mortgage Loan Amount: $274,125
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2029

    Market Valuation

  • Market Total Value: $384,500
  • Market Land Value: $247,900
  • Market Improvement Value: $136,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,500
  • Assessed Land Value: $247,900
  • Assessed Improvements Value: $136,600

About Redland



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Frequently Asked Questions

What neighborhood is 7915 Bounding Bend Court located in?
The 7915 Bounding Bend Court is a house located in the neighborhood of Redland in Redland, Derwood.
What is the average sales price for listings in 7915 Bounding Bend Court?
The average sales price for units in 7915 Bounding Bend Court is $425,000 , or $160/sqft. currently.

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