NOT LISTED FOR SALE

7305 Needwood Rd Derwood, MD 20855

Estimated Value: $781,000 - $817,000

-- Bed
3 Baths
2,650 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 7305 Needwood Rd, Derwood, MD 20855 and is currently estimated at $803,835, approximately $303 per square foot. 7305 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
Aug 7, 2015
Sold by
Merino Oscar M and Merino Carlota A
Bought by
Merino Oscar M and Merino Carlota A
Current Estimated Value
$803,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$329,304
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$481,250

Purchase Details

Closed on
Sep 28, 2004
Sold by
Lee Victor J B and Lee M S
Bought by
Merino Oscar M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Merino Oscar M $750,336 Attorney
Merino Oscar M $476,000 --
Merino Oscar M $476,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merino Oscar M $417,000
Closed Merino Carlota A $50,000
Closed Merino Oscar M $440,000
Source: Public Records

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
2025 $7,259 $606,567 -- --
2024 $7,259 $560,033 $0 $0
2023 $5,993 $513,500 $289,100 $224,400
2022 $5,593 $504,833 $0 $0
2021 $5,285 $496,167 $0 $0
2020 $5,285 $487,500 $275,300 $212,200
2019 $5,130 $476,367 $0 $0
2018 $4,990 $465,233 $0 $0
2017 $4,952 $454,100 $0 $0
2016 $4,687 $453,900 $0 $0
2015 $4,687 $453,700 $0 $0
2014 $4,687 $453,500 $0 $0
Source: Public Records

Map

Maryland Montgomery County Derwood 20855

7305 Needwood Rd, Derwood, MD

This home is located at 7305 Needwood Rd, Derwood, MD 20855 and is currently estimated at $803,835, approximately $303 per square foot. 7305 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes