$255,000
SOLD AUG 21, 2020

8040 Needwood Rd Unit 102 Derwood, MD 20855

2 Beds
2 Baths
1,138 Sq Ft
$424/mo HOA Fee

Recently Sold

$224 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Candlewood Elementary School Rated A
  • Colonial Architecture
  • Breakfast Room

About This Home

As of August 2020

Welcome light-filled 2 bedroom, 2 full bath condo! Walk to Shady Grove Metro! Just blocks to I-270 and I-370. Open floor plan, eat-in kitchen with updated corian counters, cabinets and stainless appliances, spacious living room, nice dining are with crown molding and full-size laundry room. Additional storage in the Clubhouse, 1 detached garage, plus 1 reserved parking space. Jogging trails, tennis court, bike paths, parks and shopping all are near by! Much more, this is the one you do not want to miss!

Last Agent to Sell the Property

Jane Shue

Samson Properties Listed on: 07/22/2020

Samson Properties

Last Buyer's Agent

Brigitta Bastek

Weichert, REALTORS License #508257

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1985

HOA Fees

  • $424 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
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903464282

Community Details

Overview

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

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,447

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
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Assigned Parking Space Numbers: 24
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome light-filled 2 bedroom, 2 full bath condo! Walk to Shady Grove Metro! Just blocks to I-270 and I-370. Open floor plan, eat-in kitchen with updated corian counters, cabinets and stainless appliances, spacious living room, nice dining are with crown molding and full-size laundry room. Additional storage in the Clubhouse, 1 detached garage, plus 1 reserved parking space. Jogging trails, tennis court, bike paths, parks and shopping all are near by! Much more, this is the one you do not want to miss!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Dishwasher, Icemaker, Oven/Range - Electric
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Carpet, Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Tub Shower, Window Treatments
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Breakfast Room, Bathroom 1, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 224.08
  • 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 - Front Entry, Garage Door Opener
  • 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: 16.06
  • 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: 424.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Trash, Pool(s), Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Recreation Facility, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 154000.00
  • Land Assessed Value: 66000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: 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 Year: 2019
  • Close Date: 08/21/2020

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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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 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

  • Lloidy Guevara

    Seller's Agent in 2025

    Lloidy Guevara

    EXP Realty, LLC

    (240) 277-9873

    3 in this area

    250 Total Sales

    Lloidy Guevara
    Section Image
  • Vicky Velasquez

    Seller Co-Listing Agent in 2025

    Vicky Velasquez

    EXP Realty, LLC

    (301) 250-8614

    16 Total Sales

    Vicky Velasquez
    Section Image
  • Jane Shue

    Seller's Agent in 2020

    Jane Shue

    Samson Properties

    (301) 213-3051

    4 in this area

    69 Total Sales

    Jane Shue
    Section Image
  • Brigitta Bastek

    Buyer's Agent in 2020

    Brigitta Bastek

    Weichert Corporate

    (301) 537-4432

    1 in this area

    22 Total Sales

    Brigitta Bastek
    Section Image
  • Stephen Bradley

    Seller's Agent in 2019

    Stephen Bradley

    Long & Foster

    (301) 706-7691

    5 in this area

    30 Total Sales

    Stephen Bradley
    Section Image
  • Aret Koseian

    Seller's Agent in 2012

    Aret Koseian

    Artifact Homes

    (240) 533-6990

    3 in this area

    276 Total Sales

    Aret Koseian
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC716966

Bright MLS

APN: 09-03464282

Maryland Montgomery County Derwood 20855

8040 Needwood Rd Unit 102, Derwood, MD

This home is located at 8040 Needwood Rd Unit 102, Derwood, MD 20855 and is currently priced at $255,000, approximately $224 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.

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