NOT LISTED FOR SALE

7405 Needwood Rd Derwood, MD 20855

Estimated Value: $765,000 - $835,000

6 Beds
3 Baths
2,650 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $695,000 $262 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,773/month

Highlights

  • 0.46 Acre Lot
  • Colonial Architecture
  • No HOA
  • Candlewood Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2022

This home is located at 7405 Needwood Rd, Derwood, MD 20855 since 15 March 2022 and is currently estimated at $800,448, approximately $302 per square foot. This property was built in 1974. 7405 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.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 03/15/2022

Last Buyer's Agent

Hannah Hinzman

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 1974

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Improved Basement
  • Crawl Space

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Needwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160400127520

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,254

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 3460
  • Living Area Sq Ft: 2650
  • Price Per Sq Ft: 262.26
  • Above Grade Finished Sq Ft: 2650
  • Below Grade Sq Ft: 810
  • Total Below Grade Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7405

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 361.78
  • 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 Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 183700.00
  • Land Assessed Value: 259100.00
  • Land Use Code: R
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20037.00
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13814918
  • Tax Annual Amount: 5254.00
  • Assessor Parcel Number: 160400127520
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 2650
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/11/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Mar 10, 2022
Sold by
William Newens Andrew
Bought by
Bronder-English Cecelia Colette and English Cecelia Rose
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Hannah Hinzman
TTR Sotheby's International Realty
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$800,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,448
Avg. Annual Appreciation
4.14%
Original Mortgage
$556,000
Outstanding Balance
$520,412
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$278,898

Purchase Details

Listed on
Mar 15, 2013
Closed on
Dec 30, 2013
Sold by
Lee Andy Hsing
Bought by
Newens Andrew and Newens Sarah
Seller's Agent
Aiping Mu
Samson Properties
Buyer's Agent
Samuel Bryant
Real Broker, LLC
List Price
$599,900
Sold Price
$484,000
Premium/Discount to List
-$115,900
-19.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$387,200
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Lee Andy Hsing and Lee Amy Yinglun
Bought by
Lee Andy Hsing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,360
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 1991
Bought by
Lee Andy H and A Y
Source: Public Records

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
Bronder-English Cecelia Colette $695,000 None Listed On Document
Newens Andrew $484,000 None Available
Lee Andy Hsing -- Confidence Title & Escrow In
Lee Andy H $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bronder-English Cecelia Colette $556,000
Previous Owner Newens Andrew $494,000
Previous Owner Newens Sarah $402,000
Previous Owner Newens Sarah $440,000
Previous Owner Newens Andrew $387,200
Previous Owner Lee Andy Hsing $238,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 For Sale $695,000 0.0% $262 / Sq Ft
03/11/2022 03/11/22 Sold $695,000 +43.6% $262 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
12/30/2013 12/30/13 Sold $484,000 -1.0% $127 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/02/2013 10/02/13 Price Changed $489,000 -4.1% $129 / Sq Ft
07/01/2013 07/01/13 Price Changed $510,000 -5.4% $134 / Sq Ft
06/19/2013 06/19/13 Price Changed $539,000 -5.4% $142 / Sq Ft
05/14/2013 05/14/13 Price Changed $569,900 -1.7% $150 / Sq Ft
04/22/2013 04/22/13 Price Changed $579,900 -0.9% $153 / Sq Ft
03/28/2013 03/28/13 Price Changed $584,900 -2.5% $154 / Sq Ft
03/15/2013 03/15/13 For Sale $599,900 -- $158 / 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
2025 $6,302 $534,667 -- --
2024 $6,302 $488,733 $0 $0
2023 $6,436 $442,800 $259,100 $183,700
2022 $4,709 $435,567 $0 $0
2021 $4,562 $428,333 $0 $0
2020 $4,445 $421,100 $246,800 $174,300
2019 $4,310 $411,500 $0 $0
2018 $4,186 $401,900 $0 $0
2017 $4,229 $392,300 $0 $0
2016 -- $391,533 $0 $0
2015 $4,104 $390,767 $0 $0
2014 $4,104 $390,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Buyer's Agent in 2022

    Hannah Hinzman

    TTR Sotheby's International Realty

    Section Image
  • Aiping Mu

    Seller's Agent in 2013

    Aiping Mu

    Samson Properties

    (443) 996-1602

    22 Total Sales

    Aiping Mu
    Section Image
  • Samuel Bryant

    Buyer's Agent in 2013

    Samuel Bryant

    Real Broker, LLC

    (301) 237-4359

    64 Total Sales

    Samuel Bryant
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2042026

Bright MLS

APN: 04-00127520

Maryland Montgomery County Derwood 20855

7405 Needwood Rd, Derwood, MD

This home is located at 7405 Needwood Rd, Derwood, MD 20855 since 15 March 2022 and is currently estimated at $800,448, approximately $302 per square foot. This property was built in 1974. 7405 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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