7112 Needwood Rd Derwood, MD 20855
Estimated Value: $930,725 - $1,192,000
--
Bed
4
Baths
4,456
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 7112 Needwood Rd, Derwood, MD 20855 and is currently estimated at $1,065,931, approximately $239 per square foot. 7112 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2025
Sold by
Liao Wen-Yee
Bought by
Wen Yee Liao Trust and Liao
Current Estimated Value
Purchase Details
Closed on
May 5, 2000
Sold by
Liao Wen and Liao Yee
Bought by
Liao Wen and Liao Yee
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Wen Yee Liao Trust | -- | None Listed On Document | |
Wen Yee Liao Trust | -- | None Listed On Document | |
Liao Wen | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Liao Wen Yee | $200,000 | |
Previous Owner | Liao Wen Yee | $300,000 | |
Previous Owner | Liao Wen Yee | $364,000 | |
Previous Owner | Liao Wen Yee | $200,000 | |
Previous Owner | Liao Wen Yee | $417,000 | |
Previous Owner | Liao Wen Yee | $200,000 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2025 | $9,405 | $783,333 | -- | -- |
2024 | $9,405 | $752,367 | $0 | $0 |
2023 | $8,325 | $721,400 | $282,500 | $438,900 |
2022 | $5,814 | $721,400 | $282,500 | $438,900 |
2021 | $7,850 | $721,400 | $282,500 | $438,900 |
2020 | $6,076 | $729,300 | $269,100 | $460,200 |
2019 | $7,634 | $708,167 | $0 | $0 |
2018 | $7,388 | $687,033 | $0 | $0 |
2017 | $5,690 | $665,900 | $0 | $0 |
2016 | -- | $658,233 | $0 | $0 |
2015 | $7,414 | $650,567 | $0 | $0 |
2014 | $7,414 | $642,900 | $0 | $0 |
Source: Public Records
Map
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