NOT LISTED FOR SALE

8101 Needwood Rd Unit 104 Derwood, MD 20855

Estimated Value: $316,696 - $346,000

2 Beds
2 Baths
1,074 Sq Ft
$312/mo HOA Fee

Last Sold June 05, 2017

Last sale price $229,000 $213 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,325/month

5 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Candlewood Elementary School Rated A
  • Colonial Architecture
  • Traditional Floor Plan

About This Home

As of June 2017

New List! This 1st floor patio unit is outstanding. EVERYTHING is NEW. Windows, doors, kitchen (cherry cabinets, along with appl, counters, flr), baths, carpet, lights, electrical, wash/dryer, fresh paint. Desirable garden style community w/parking at your door, pool/clubhouse/fitness center is 1 block away. One mile to SG Metro, minutes to King Farm shops, Cap Bikeshare or bus line within a block

Last Agent to Sell the Property

Scott Matejik

Stuart & Maury, Inc. License #SP90747 Listed on: 04/21/2017

Stuart & Maury, Inc.

Last Buyer's Agent

Mr. Marco Gravina

Coldwell Banker Realty License #651829

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1985

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,074 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Double Pane Windows
  • Living Room
  • Breakfast Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 113
  • 1 Assigned Parking Space

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160903463777

Community Details

Overview

  • Association fees include water, pool(s), recreation facility, snow removal, common area maintenance, exterior building maintenance, lawn maintenance, insurance, management, reserve funds
  • Low-Rise Condominium
  • Mallard Cove Community
  • Park Overlook Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,380

Year Built

Built in 1985

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: New List! This 1st floor patio unit is outstanding. EVERYTHING is NEW. Windows, doors, kitchen (cherry cabinets, along with appl, counters, flr), baths, carpet, lights, electrical, wash/dryer, fresh paint. Desirable garden style community w/parking at your door, pool/clubhouse/fitness center is 1 block away. One mile to SG Metro, minutes to King Farm shops, Cap Bikeshare or bus line within a block
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Microwave, Dishwasher, Disposal, Washer, Dryer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Crown Moldings, Chair Railings, Primary Bath(s), Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Breakfast Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1074
  • Living Area Sq Ft: 1074
  • Price Per Sq Ft: 216.01
  • Above Grade Finished Sq Ft: 1074
  • Above Grade Finished 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

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 113

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Monthly Average Electric: 111
  • Previous Twelve Months Electric Expense: 1332.00
  • Heating Fuel: Electric
  • Heating Type: 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: 311.95
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Fitness Center, Club House, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Water, Pool(s), Recreation Facility, Snow Removal, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Insurance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: PD5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095881
  • Tax Annual Amount: 2379.81
  • Assessor Parcel Number: 160903463777
  • Tax Total Finished Sq Ft: 1074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/05/2017

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 21, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Kovacheva Ina
Seller's Agent
George Patterson
Phoenix Real Estate Solutions
Buyer's Agent
Vanessa Franklin
RE/MAX Results
List Price
$198,000
Sold Price
$188,000
Premium/Discount to List
-$10,000
-5.05%
Current Estimated Value
$321,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,853
Avg. Annual Appreciation
4.36%
Original Mortgage
$150,400
Outstanding Balance
$107,520
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$212,718

Purchase Details

Closed on
Nov 9, 2012
Sold by
Williams Jonathan Bruce
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 24, 2006
Sold by
Redline Express&Whm Limited
Bought by
Williams Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,696
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Kovacheva Ina $188,000 First American Title Ins Co
Deutsche Bank National Trust Company $146,250 None Available
Williams Jonathan B $310,870 --
Williams Jonathan B $310,870 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovacheva Ina $150,400
Previous Owner Williams Jonathan B $248,696
Previous Owner Williams Jonathan B $62,174
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $229,000 -1.3% $213 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $232,000 +3.1% $216 / Sq Ft
04/29/2016 04/29/16 Sold $225,000 -2.2% $187 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $230,000 -4.2% $191 / Sq Ft
02/12/2016 02/12/16 For Sale $240,000 0.0% $199 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $240,000 +33.3% $199 / Sq Ft
07/11/2013 07/11/13 Sold $180,000 0.0% $149 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/29/2013 04/29/13 Price Changed $180,000 0.0% $149 / Sq Ft
04/29/2013 04/29/13 For Sale $180,000 +13.2% $149 / Sq Ft
01/06/2013 01/06/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $159,000 -- $132 / 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 $2,999 $253,333 $0 $0
2023 $1,421 $240,000 $72,000 $168,000
2022 $1,881 $233,333 $0 $0
2021 $2,569 $226,667 $0 $0
2020 $4,987 $220,000 $66,000 $154,000
2019 $1,798 $220,000 $66,000 $154,000
2018 $1,803 $220,000 $66,000 $154,000
2017 $2,514 $220,000 $0 $0
2016 $1,974 $213,333 $0 $0
2015 $1,974 $206,667 $0 $0
2014 $1,974 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002511721

Bright MLS

APN: 09-03463813