$210,000
SOLD AUG 31, 2015

8101 Needwood Rd Unit 202 Derwood, MD 20855

2 Beds
2 Baths
1,143 Sq Ft
$315/mo HOA Fee

Recently Sold

$184 Per Sq Ft

18% Below List Price

99 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Colonial Architecture
  • Candlewood Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of August 2015

Welcome Home! This property is a WINNER! You will love this wonderful condo the moment you cross the threshold. Everywhere you look you will see attention to detail. Your new home has Brazilian Cherry hard wood floors, recessed lights and upgraded kitchen with granite counter tops and much more. Don't wait someone else won't.

Last Agent to Sell the Property

Philip Piantone

Long & Foster Real Estate, Inc. License #532555 Listed on: 05/08/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lin Chen

Libra Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1985

Lot Details

  • Property is in very good condition

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,143 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Sport Court
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160903463846

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, insurance, snow removal, trash
  • Low-Rise Condominium
  • Mallard Cove Community
  • Park Overlook Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,130

Year Built

Built in 1985

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Upper 2
  • Year Built: 1985
  • Remarks Public: Welcome Home! This property is a WINNER! You will love this wonderful condo the moment you cross the threshold. Everywhere you look you will see attention to detail. Your new home has Brazilian Cherry hard wood floors, recessed lights and upgraded kitchen with granite counter tops and much more. Don't wait someone else won't.
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Breakfast Area, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1143
  • Living Area Sq Ft: 1143
  • Price Per Sq Ft: 192.39
  • Above Grade Finished Sq Ft: 1143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8101

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks, Sport Court, Tennis Court(s)
  • Pool Features: In Ground
  • 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

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 315.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • 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: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: PD5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095888
  • Tax Annual Amount: 2130.42
  • Assessor Parcel Number: 160903463846
  • Tax Total Finished Sq Ft: 1143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 08/31/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2017
Sold by
Chen Kathy Kuohua and Chen Shihwei
Bought by
Chen Chyi

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 28, 2015
Sold by
Fannie Mae
Bought by
Chen Shihwei and Chen Kathy Kuohua
Seller's Agent
Philip Piantone
Long & Foster Real Estate, Inc.
Buyer's Agent
Lin Chen
Libra Realty, LLC
List Price
$256,900
Sold Price
$210,000
Premium/Discount to List
-$46,900
-18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Shestopalov Maksim
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 8, 2005
Sold by
Redline Express&Whm Limited
Bought by
Shestopalov Maksim

Purchase Details

Closed on
Nov 7, 2005
Sold by
Redline Express&Whm Limited
Bought by
Shestopalov Maksim
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 $235,000 None Available
Deed $210,000 None Available
Trustee Deed $299,545 None Available
Deed $293,465 --
Deed $293,465 --
Deed $293,465 --
Deed $293,465 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Stand Alone Second
Previous Owner $240,000 Stand Alone Second
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $320,690 0.0% $281 / Sq Ft
06/07/2025 06/07/25 For Rent $2,496 0.0% --
06/07/2025 06/07/25 For Sale $350,000 0.0% $306 / Sq Ft
06/01/2025 06/01/25 Off Market $3,000 -- --
05/05/2025 05/05/25 Price Changed $3,000 +21.5% $3 / Sq Ft
03/29/2025 03/29/25 For Rent $2,469 +23.5% --
12/09/2020 12/09/20 Rented $2,000 0.0% --
11/30/2020 11/30/20 Under Contract -- -- --
10/14/2020 10/14/20 For Rent $2,000 0.0% --
08/31/2015 08/31/15 Sold $210,000 -4.5% $184 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $219,900 -8.3% $192 / Sq Ft
06/11/2015 06/11/15 Price Changed $239,900 -6.6% $210 / Sq Ft
05/08/2015 05/08/15 For Sale $256,900 -- $225 / 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 $0 $220,000 $66,000 $154,000
2022 $1,746 $216,667 $0 $0
2021 $0 $213,333 $0 $0
2020 $0 $210,000 $63,000 $147,000
2019 $2,380 $210,000 $63,000 $147,000
2018 $2,384 $210,000 $63,000 $147,000
2017 $2,380 $210,000 $0 $0
2016 $1,927 $201,667 $0 $0
2015 $1,927 $193,333 $0 $0
2014 $1,927 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002331451

Bright MLS

APN: 09-03463846