NOT LISTED FOR SALE

8010 Needwood Rd Unit 103 Derwood, MD 20855

Estimated Value: $297,000 - $370,000

2 Beds
2 Baths
1,129 Sq Ft
$424/mo HOA Fee

Last Sold June 24, 2022

Last sale price $253,000 $224 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,449/month

19 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Tennis Courts
  • Candlewood Elementary School Rated A
  • Community Pool
  • Community Center

About This Home

As of June 2022

Beautiful terrace level two bedroom two full bath condo conveniently located near metro and I270/370. New carpet throughout the unit. Large living room with sliding glass door to patio terrace. Spacious dining room great for entertaining. Kitchen offers cherry cabinetry with Corian counters and stainless steel appliances. Tile flooring. Owner's Bedrooms is very spacious and has a large walk-in closet. Second bedroom is also large and has been recently painted. Hall bath with shower and tub combination. Separate laundry room with washer and dryer. Garage unit. Storage (not deeded to property). Hurry and make this home yours today.

Last Agent to Sell the Property

Larry Prigal

RLAH @properties License #BR98379409 Listed on: 05/05/2022

RLAH @properties

Co-Listed By

Richard Prigal

RLAH @properties

Last Buyer's Agent

ABEER ABOU ELMAKAREM

Long & Foster Real Estate, Inc. License #336775

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1985

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,129 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903463904

Community Details

Overview

  • Association fees include common area maintenance, management, parking fee, pool(s), recreation facility, reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Mallard Cove Codm Community
  • Mallard Cove Condominiums Subdivision

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,526

Year Built

Built in 1985

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-05
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful terrace level two bedroom two full bath condo conveniently located near metro and I270/370. New carpet throughout the unit. Large living room with sliding glass door to patio terrace. Spacious dining room great for entertaining. Kitchen offers cherry cabinetry with Corian counters and stainless steel appliances. Tile flooring. Owner's Bedrooms is very spacious and has a large walk-in closet. Second bedroom is also large and has been recently painted. Hall bath with shower and tub combination. Separate laundry room with washer and dryer. Garage unit. Storage (not deeded to property). Hurry and make this home yours today.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1129
  • Living Area Sq Ft: 1129
  • Price Per Sq Ft: 221.43
  • Above Grade Finished Sq Ft: 1129
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8010

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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • 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: 424.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Exercise Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

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: 161000.00
  • Land Assessed Value: 69000.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095894
  • Tax Annual Amount: 2526.00
  • Assessor Parcel Number: 160903463904
  • Tax Total Finished Sq Ft: 1129
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/24/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
May 30, 2019
Sold by
Wang Ming and Shue Jane
Bought by
Velarde Angel R and Ducastaing Maria E
Seller's Agent
Jane Shue
Samson Properties
Buyer's Agent
Jose Morejon
Realty Advantage of Maryland LLC
List Price
$239,900
Sold Price
$238,000
Premium/Discount to List
-$1,900
-0.79%
Current Estimated Value
$321,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,855
Avg. Annual Appreciation
5.11%
Original Mortgage
$188,000
Outstanding Balance
$166,999
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$154,856

Purchase Details

Closed on
May 9, 2005
Sold by
Redline Express&Whm Limited
Bought by
Wang Ming
Source: Public Records

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Range of Values:

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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
Velarde Angel R $238,000 Harvest Title & Escrow Llc
Wang Ming $269,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velarde Angel R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $253,000 +1.2% $224 / Sq Ft
05/17/2022 05/17/22 Price Changed $250,000 -10.7% $221 / Sq Ft
05/05/2022 05/05/22 For Sale $280,000 +17.6% $248 / Sq Ft
05/30/2019 05/30/19 Sold $238,000 -0.8% $209 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $239,900 0.0% $211 / Sq Ft
06/12/2014 06/12/14 Rented $1,580 +1.9% --
05/31/2014 05/31/14 Under Contract -- -- --
05/18/2014 05/18/14 For Rent $1,550 0.0% --
09/27/2013 09/27/13 Sold $229,900 0.0% $204 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $229,900 -- $204 / 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 $2,723 $230,000 $69,000 $161,000
2023 $2,028 $230,000 $69,000 $161,000
2022 $1,839 $223,333 $0 $0
2021 $1,761 $216,667 $0 $0
2020 $1,685 $210,000 $63,000 $147,000
2019 $2,374 $210,000 $63,000 $147,000
2018 $2,379 $210,000 $63,000 $147,000
2017 $2,375 $210,000 $0 $0
2016 -- $201,667 $0 $0
2015 $2,768 $193,333 $0 $0
2014 $2,768 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2048868

Bright MLS

APN: 09-03463948