NOT LISTED FOR SALE

8141 Needwood Rd Derwood, MD 20855

Estimated Value: $320,755 - $336,000

2 Beds
2 Baths
1,143 Sq Ft
$442/mo HOA Fee

Last Sold September 27, 2024

Last sale price $328,000 $287 Per Sq Ft

Current estimated payment $2,545/month

9 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Traditional Floor Plan
  • Candlewood Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of September 2024

MULTIPLE OFFERS WERE RECEIVED. TOP floor, balcony overlooking woods and lake, light-filled 2beds 2baths condo with ONE CAR GARAGE (#14) and one assigned parking spot(#87), 0.5 mile from Shady Grove Metro, close to shopping & restaurants. Kitchen has beautiful countertops, spacious master with walk-in closet, open living area, laundry room with washer and dryer in unit, 4 year old skylight and roof. Additional storage available by the clubhouse, community amenities include pool, fitness center, dog-friendly park, tennis court, bike paths, and much more. Minutes to 355, 270, ICC, Need wood golf course, and much more.

Last Listed By

Melissa Zhong

BMI REALTORS INC. License #0225199350 Listed on: 08/23/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1985

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Property Views

  • Lake
  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 1,143 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Skylights
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Room
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Candlewood Elementary School
  • Shady Grove Middle School
  • Col. Zadok Magruder High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903463380

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), road maintenance, snow removal, trash, water, sewer
  • $50 Other Monthly Fees
  • Low-Rise Condominium
  • Mallar Cove Codm Condos
  • Mallard Cove Cod Community
  • Mallard Cove Condominiums Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,435

Year Built

Built in 1985

Lot Details

0

HOA Fees

$442 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-24
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: MULTIPLE OFFERS WERE RECEIVED. TOP floor, balcony overlooking woods and lake, light-filled 2beds 2baths condo with ONE CAR GARAGE (#14) and one assigned parking spot(#87), 0.5 mile from Shady Grove Metro, close to shopping & restaurants. Kitchen has beautiful countertops, spacious master with walk-in closet, open living area, laundry room with washer and dryer in unit, 4 year old skylight and roof. Additional storage available by the clubhouse, community amenities include pool, fitness center, dog-friendly park, tennis court, bike paths, and much more. Minutes to 355, 270, ICC, Need wood golf course, and much more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Washer, Disposal, Exhaust Fan, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Traditional, Carpet, Walk-In Closet(s), Skylight(s), Window Treatments
  • Window Features: Skylights
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Bedroom 2, Foyer, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1143
  • Living Area Sq Ft: 1143
  • Price Per Sq Ft: 286.96
  • Above Grade Finished Sq Ft: 1143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8141

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks
  • Spa: No
  • View: Garden/Lawn, Lake, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Detached Garage, Off Street, On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 442.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mallar Cove Codm
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Picnic Area, Reserved/Assigned Parking, Tennis Courts, Fitness Center, Club House, Bike Trail
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Road Maintenance, Snow Removal, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Other Fees: 50.00
  • Other Fees Frequency: Monthly

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK MAGRUDER
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Lot Info

  • Outdoor Living Structures: Balcony
  • Year Assessed: 2024
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2435.00
  • Assessor Parcel Number: 160903463380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/27/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 25, 2024
Sold by
Wang Yicun and Liu Jiaoyue
Bought by
Valenzuela Leon Paola Carolina and Patino Martinez Eduardo
Seller's Agent
Melissa Zhong
BMI REALTORS INC.
Buyer's Agent
ROBERTO TELLO
District Pro Realty
List Price
$320,000
Sold Price
$328,000
Premium/Discount to List
$8,000
2.5%
Total Days on Market
9
Views
54
Current Estimated Value
$329,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,439
Avg. Annual Appreciation
0.77%
Original Mortgage
$262,400
Outstanding Balance
$260,946
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$68,493

Purchase Details

Closed on
Aug 23, 2021
Sold by
Wang Yicun
Bought by
Wang Yicun and Liu Jiaoyue

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 5, 2019
Sold by
Jon Eric Chengwon
Bought by
Wang Yicun
Seller's Agent
Catherine Arnaud-Charbonneau
Compass
Buyer's Agent
Marta Peralta
RE/MAX Realty Services
List Price
$278,000
Sold Price
$270,000
Premium/Discount to List
-$8,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$189,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2005
Sold by
Redline Express&Whm Limited
Bought by
Zhang Chen G

Purchase Details

Closed on
May 23, 2005
Sold by
Redline Express&Whm Limited
Bought by
Zhang Chen G

Range of Values:

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Average Value
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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
Valenzuela Leon Paola Carolina $328,000 Quantum Title
Wang Yicun -- Accommodation
Wang Yicun $270,000 None Available
Zhang Chen G $311,990 --
Zhang Chen G $311,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Leon Paola Carolina $262,400
Previous Owner Wang Yicun $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $328,000 0.0% $287 / Sq Ft
09/06/2024 09/06/24 Price Changed $328,000 +2.5% $287 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $320,000 +18.5% $280 / Sq Ft
04/05/2019 04/05/19 Sold $270,000 -2.9% $236 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $278,000 -- $243 / 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 $3,183 $269,333 $0 $0
2023 $2,426 $264,000 $79,200 $184,800
2022 $2,114 $247,667 $0 $0
2021 $1,929 $231,333 $0 $0
2020 $1,746 $215,000 $64,500 $150,500
2019 $1,743 $215,000 $64,500 $150,500
2018 $65 $215,000 $64,500 $150,500
2017 $2,437 $215,000 $0 $0
2016 -- $206,667 $0 $0
2015 $2,821 $198,333 $0 $0
2014 $2,821 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Zhong

    Seller's Agent in 2024

    Melissa Zhong

    BMI REALTORS INC.

    (240) 672-4586

    3 in this area

    118 Total Sales

    Melissa Zhong
    Section Image
  • ROBERTO TELLO

    Buyer's Agent in 2024

    ROBERTO TELLO

    District Pro Realty

    (240) 305-4413

    2 in this area

    14 Total Sales

    ROBERTO TELLO
    Section Image
  • Al Charbonneau

    Seller Co-Listing Agent in 2019

    Al Charbonneau

    Compass

    (202) 657-8010

    1 in this area

    24 Total Sales

    Al Charbonneau
    Section Image
  • Marta Peralta

    Buyer's Agent in 2019

    Marta Peralta

    RE/MAX

    (240) 481-9716

    1 in this area

    20 Total Sales

    Marta Peralta
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2144306

Bright MLS

APN: 09-03463380

Maryland Montgomery County Derwood 20855

8141 Needwood Rd, Derwood, MD

Homes for Sale in Derwood, MD

This home is located at 8141 Needwood Rd, Derwood, MD 20855 since 23 August 2024 and is currently estimated at $329,439, approximately $288 per square foot. This property was built in 1985. 8141 Needwood Rd is a home located in Montgomery County with nearby schools including Candlewood Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

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