NOT LISTED FOR SALE

8010 Needwood Rd Derwood, MD 20855

Estimated Value: $299,455 - $340,000

2 Beds
2 Baths
1,100 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 8010 Needwood Rd, Derwood, MD 20855 and is currently estimated at $319,614, approximately $290 per square foot. 8010 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, 2022
Sold by
Jingming Chen
Bought by
Sharaf Salma
Current Estimated Value
$328,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,417
Outstanding Balance
$238,060
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$85,421

Purchase Details

Closed on
May 12, 2018
Sold by
Chen Jingmiong and Wang Yanfei
Bought by
Chen Jingming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,740
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2013
Sold by
Banjamin Joseph E and Banjamin Benjamin Celia
Bought by
Chen Jingming and Wang Yanfei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,435
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Redline Express & Whm Limited
Bought by
Benjamin Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,772
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Redline Express & Whm Limited
Bought by
Benjamin Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,772
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Sharaf Salma $253,000 Rgs Title
Chen Jingming -- None Available
Chen Jingming $229,900 Landmark Title Services Inc
Benjamin Joseph E $304,715 --
Benjamin Joseph E $304,715 --
Benjamin Joseph E $304,715 --
Benjamin Joseph E $304,715 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharaf Salma $248,417
Previous Owner Chen Jingming $117,740
Previous Owner Chen Jingming $149,435
Previous Owner Benjamin Joseph E $243,772
Previous Owner Benjamin Joseph E $243,772
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
2024 $2,761 $233,333 $0 $0
2023 $2,028 $230,000 $69,000 $161,000
2022 $2,568 $226,667 $0 $0
2021 $2,526 $223,333 $0 $0
2020 $2,487 $220,000 $66,000 $154,000
2019 $2,485 $220,000 $66,000 $154,000
2018 $2,430 $220,000 $66,000 $154,000
2017 $2,451 $220,000 $0 $0
2016 $2,768 $208,333 $0 $0
2015 $2,768 $196,667 $0 $0
2014 $2,768 $185,000 $0 $0
Source: Public Records

Map

Maryland Montgomery County Derwood 20855

8010 Needwood Rd, Derwood, MD

This home is located at 8010 Needwood Rd, Derwood, MD 20855 and is currently estimated at $319,614, approximately $290 per square foot. 8010 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.

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