$229,000
SOLD MAR 26, 2019

8040 Needwood Rd Unit 102 Derwood, MD 20855

2 Beds
2 Baths
1,138 Sq Ft
$406/mo HOA Fee

Recently Sold

$201 Per Sq Ft

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Candlewood Elementary School Rated A
  • Clubhouse
  • Breakfast Area or Nook

About This Home

As of August 2020

Amazing freshly updated 2 bedroom 2 bath condo in Derwood! Conveniently located within walking distance of Shady Grove Metro Station, a just minutes away from 355, 270, and the ICC. This unit comes with a private detached one car garage (10k value) and an additional assigned parking space! Freshly painted and new carpet throughout! Updated kitchen and baths. Located on second floor. Updated appliances including new stove and microwave. HVAC replaced 8 years ago. Newer washer/dryer in-unit, large walk in closet, balcony, pool permits and access to the fitness center located in the Club House! Additional storage locker is included. You don t want to miss this one!

Last Agent to Sell the Property

Stephen Bradley

Long & Foster Real Estate, Inc. Listed on: 02/21/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jane Shue

Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1985

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,138 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Candlewood Elementary School
  • Shady Grove Middle School
  • Col. Zadok Magruder High School

Additional Features

  • Balcony
  • Property is in very good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160903464282

Community Details

Overview

  • Association fees include management, parking fee, pool(s), recreation facility, snow removal, trash
  • Low-Rise Condominium
  • Comsource Condos, Phone Number (301) 924-7355
  • Mallard Cove Cod Community
  • Mallard Cove Condominiums Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,447

Year Built

Built in 1985

Lot Details

0

HOA Fees

$406 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Remarks Public: Amazing freshly updated 2 bedroom 2 bath condo in Derwood! Conveniently located within walking distance of Shady Grove Metro Station, a just minutes away from 355, 270, and the ICC. This unit comes with a private detached one car garage (10k value) and an additional assigned parking space! Freshly painted and new carpet throughout! Updated kitchen and baths. Located on second floor. Updated appliances including new stove and microwave. HVAC replaced 8 years ago. Newer washer/dryer in-unit, large walk in closet, balcony, pool permits and access to the fitness center located in the Club House! Additional storage locker is included. You don t want to miss this one!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Kitchen - Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 202.02
  • 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
  • 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
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Parking Space Conveys, Private
  • Garage Features: Covered Parking, Additional Storage Area, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 406.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Comsource
  • Condo Co-Op Phone: 301-924-7355
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Meeting Room, Reserved/Assigned Parking, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CANDLEWOOD
  • Middle School: SHADY GROVE
  • High School: COL. ZADOK MAGRUDER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CANDLEWOOD
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: SHADY GROVE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14095932
  • Tax Annual Amount: 2447.00
  • Assessor Parcel Number: 160903464282
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 03/26/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 20, 2020
Sold by
Wu Yong
Bought by
Armentrout Sarah Ann and Armentrout Brenda Kay
Seller's Agent
Jane Shue
Samson Properties
Buyer's Agent
Brigitta Bastek
Weichert, REALTORS
List Price
$249,990
Sold Price
$255,000
Premium/Discount to List
$5,010
2%
Current Estimated Value
$318,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,445
Avg. Annual Appreciation
4.67%
Original Mortgage
$204,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 26, 2019
Sold by
Geisser Dan L
Bought by
Wu Yong
Seller's Agent
Stephen Bradley
Long & Foster Real Estate, Inc.
Buyer's Agent
Jane Shue
Samson Properties
List Price
$229,900
Sold Price
$229,000
Premium/Discount to List
-$900
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$149,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2006
Sold by
Geisser Daniel L
Bought by
Geisser Dan L

Purchase Details

Closed on
Oct 3, 2005
Sold by
Redline Express&Whm Limited
Bought by
Geisser Daniel L

Purchase Details

Closed on
Sep 29, 2005
Sold by
Redline Express&Whm Limited
Bought by
Geisser Daniel L

Purchase Details

Closed on
Sep 27, 2005
Sold by
Geisser Daniel L
Bought by
Geisser Dan L
Source: Public Records

Range of Values:

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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 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

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

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 $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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC619452

Bright MLS

APN: 09-03464282