$330,000
COMING SOON AUG 01, 2025

8040 Needwood Rd Unit 102 Derwood, MD 20855

Estimated payment $2,523/month

Total Views 4,277
2 Beds
2 Baths
1,138 Sq Ft
$465/mo HOA Fee

Highlights

  • Fitness Center
  • Colonial Architecture
  • 1 Car Detached Garage
  • Candlewood Elementary School Rated A
  • Community Pool
  • Security Service

About This Home

This home is located at 8040 Needwood Rd Unit 102, Derwood, MD 20855 and is currently priced at $330,000, approximately $289 per square foot. This property was built in 1985. 8040 Needwood Rd Unit 102 is a home located in Montgomery County with nearby schools including Candlewood Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

Listing Agent

Lloidy Guevara

EXP Realty, LLC License #MRIS Listed on: 06/04/2025

EXP Realty, LLC

Co-Listing Agent

Vicky Velasquez

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1985

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Off-Site Space
  • Assigned parking located at #24
  • Front Facing Garage
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,138 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Coming Soon on 8/1/25
  • Assessor Parcel Number 160903464282

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash, water, insurance, sewer, gas
  • Low-Rise Condominium
  • Mallard Cove Codm Community
  • Mallard Cove Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,761

Year Built

Built in 1985

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 8/1/2025 12:00:00 AM
  • Year Built: 1985
  • Assigned Parking Space Numbers: 24
  • Washer Dryer Hookups YN: Yes
  • Special Features: ComingSoon
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 289.98
  • Above Grade Finished Sq Ft: 1138
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8040

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 Front
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Site
  • Off Site 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: 90% 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: 465.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Insurance, Sewer, Gas
  • 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: 3rd Party

Lot Info

  • Land Use Code: U
  • Year Assessed: 2025
  • Zoning: PD5
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2761.00
  • Assessor Parcel Number: 160903464282
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,412 $230,000 $69,000 $161,000
2022 $1,876 $226,667 $0 $0
2021 $1,834 $223,333 $0 $0
2020 $3,591 $220,000 $66,000 $154,000
2019 $2,448 $216,667 $0 $0
2018 $1,687 $213,333 $0 $0
2017 $2,375 $210,000 $0 $0
2016 $2,768 $201,667 $0 $0
2015 $2,768 $193,333 $0 $0
2014 $2,768 $185,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $255,000 0.0% $224 / Sq Ft
07/27/2020 07/27/20 Price Changed $255,000 +2.0% $224 / Sq Ft
07/22/2020 07/22/20 For Sale $249,990 +9.2% $220 / Sq Ft
03/26/2019 03/26/19 Sold $229,000 -0.4% $201 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $229,900 0.0% $202 / Sq Ft
08/20/2012 08/20/12 Rented $1,800 0.0% --
08/20/2012 08/20/12 Under Contract -- -- --
08/10/2012 08/10/12 For Rent $1,800 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $255,000 Classic Settlements Inc
Deed $229,900 Rgs Title Llc
Deed -- --
Deed $315,360 --
Deed $315,360 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,000 New Conventional
Previous Owner $149,900 New Conventional
Previous Owner $200,000 Unknown
Source: Public Records

Similar Home in Derwood, MD

  • 8101 Needwood Rd Unit 202, Derwood, MD 20855

    $320,690

    • 2 Beds
    • 2 Baths
    • 1,143 Sq Ft
    • 8101 Needwood Rd
    • Unit 202
    • Derwood, MD

    You will love this wonderful condo the moment you cross the threshold. Everywhere you look you will see attention to detail. Brazilian Cherry hardwood floors, recessed lights and upgraded kitchen with granite counter tops and ONE Addition Large Den. Top Floor W/ Skylights, Jacuzzi to relax. One Car Garage #24 with remote and One Assign Parking Space #56 .

    Nina Huang United Realty, Inc.

    Section Image

Source: Bright MLS

MLS Number: MDMC2184416

Bright MLS

APN: 09-03464282