NOT LISTED FOR SALE

8101 Needwood Rd Unit 101 Derwood, MD 20855

Estimated Value: $312,387 - $346,000

2 Beds
2 Baths
1,087 Sq Ft
$344/mo HOA Fee

Last Sold May 31, 2018

Last sale price $239,900 $221 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,333/month

1 Day on Market

Highlights

  • Private Pool
  • Central Heating and Cooling System
  • Combination Kitchen and Dining Room
  • Candlewood Elementary School Rated A

About This Home

As of May 2018

WOW!! This condo features 2 beautifully renovated bathrooms, updated kitchen, tons of natural light, large walk in closet, porch and more. The community is great - with a gym, pool, dog park, walking trails, tennis/basketball courts, playground and more. Conveniently located just off Redland Road. On the second level of the building. Fresh paint, move in ready and will not last!

Last Agent to Sell the Property

Charles D Jamison

Charles H. Jamison, LLC Listed on: 03/28/2018

Last Buyer's Agent

Kenneth Maites

Compass License #654125

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1985

Lot Details

  • 871

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 160903463790

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,322

Year Built

Built in 1985

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: WOW!! This condo features 2 beautifully renovated bathrooms, updated kitchen, tons of natural light, large walk in closet, porch and more. The community is great - with a gym, pool, dog park, walking trails, tennis/basketball courts, playground and more. Conveniently located just off Redland Road. On the second level of the building. Fresh paint, move in ready and will not last!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8101

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

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 344.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Parking Fee, Sewer, Water, Trash, Snow Removal, Pool(s), Recreation Facility
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 143500.00
  • Land Assessed Value: 61500.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 1087
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1087.00
  • Year Assessed: 2018
  • Zoning: PD5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095883
  • Tax Annual Amount: 2322.30
  • Assessor Parcel Number: 160903463790
  • Tax Total Finished Sq Ft: 1087
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/31/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 31, 2018
Sold by
Thomas William Robert
Bought by
Demayo Michael and Demayo Joanne
Seller's Agent
Charles D Jamison
Charles H. Jamison, LLC
Buyer's Agent
Kenneth Maites
Compass
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$319,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,647
Avg. Annual Appreciation
4.03%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Sold by
Ocwen Loan Servicing Llc
Bought by
Thomas William Robert

Purchase Details

Closed on
May 22, 2006
Sold by
Mbuh Samuel Nduh
Bought by
Schmidt Michael and Martha Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,727
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Mbuh Samuel Nduh
Bought by
Schmidt Michael and Martha Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,727
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2005
Sold by
Redline Express&Whm Limited
Bought by
Mbuh Samuel Nduh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,192
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Demayo Michael $239,900 Rgs Title Llc
Thomas William Robert $156,200 Linear Title & Closing
Schmidt Michael $290,000 --
Schmidt Michael $290,000 --
Mbuh Samuel Nduh $271,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demayo Michael $151,000
Closed Demayo Michael $150,000
Previous Owner Schmidt Michael $287,727
Previous Owner Schmidt Michael $287,727
Previous Owner Mbuh Samuel Nduh $217,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $239,900 0.0% $221 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $239,900 -- $221 / 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 $2,865 $241,667 $0 $0
2023 $2,611 $220,000 $66,000 $154,000
2022 $2,446 $215,000 $0 $0
2021 $2,385 $210,000 $0 $0
2020 $2,328 $205,000 $61,500 $143,500
2019 $2,325 $205,000 $61,500 $143,500
2018 $2,265 $205,000 $61,500 $143,500
2017 $2,322 $205,000 $0 $0
2016 -- $196,667 $0 $0
2015 $2,714 $188,333 $0 $0
2014 $2,714 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles D Jamison

    Seller's Agent in 2018

    Charles D Jamison

    Charles H. Jamison, LLC

    (240) 744-2690

    87 Total Sales

    Section Image
  • Kenneth Maites

    Buyer's Agent in 2018

    Kenneth Maites

    Compass

    (301) 785-3046

    68 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000314886

Bright MLS

APN: 09-03463790

Maryland Montgomery County Derwood 20855

8101 Needwood Rd Unit 101, Derwood, MD

This home is located at 8101 Needwood Rd Unit 101, Derwood, MD 20855 since 28 March 2018 and is currently estimated at $328,097, approximately $301 per square foot. This property was built in 1985. 8101 Needwood Rd Unit 101 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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