NOT LISTED FOR SALE

8101 Needwood Rd Unit 203 Derwood, MD 20855

Estimated Value: $315,954 - $346,000

2 Beds
2 Baths
1,143 Sq Ft
$374/mo HOA Fee

Last Sold June 19, 2020

Last sale price $240,000 $210 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,356/month

2 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • High Ceiling
  • Candlewood Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of June 2020

LIVE. WORK. PLAY at the Mallard Cove located next to the Shady Grove Metro. This beautiful 2 bedrooms and 2 bathrooms top floor condo has a spacious open floor plan that allows for inside and outside living as one. The breakfast nook with floor to ceiling windows and 2 sky lights bring the outside in. The white cabinets in the kitchen and stainless steel appliances add an updated look. The master suit has private views and includes a walk-in closet, separate vanity and shower space, and can accommodate extra dresser and sitting area. This condo's location and amenities abound: walking trails, and minutes to Shady Grove Metro, Blueberry Hill Park, Rock Creek Park, Needwood Golf Course, and retail shops at Crown, Westside, The Grove, King Farm, RIO Washingtonian Center, Rockville Town Square, and Montgomery College.

Last Agent to Sell the Property

Kevin Tsan

Century 21 Redwood Realty Listed on: 05/28/2020

Century 21 Redwood Realty

Last Buyer's Agent

JoAnne Baick

Redfin Corp

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1985

Lot Details

  • Property is in very good condition

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • 1,143 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Window Treatments
  • Dining Area
  • Efficiency Studio
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903463868

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,435

Year Built

Built in 1985

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-28
  • Year Built: 1985
  • Remarks Public: LIVE. WORK. PLAY at the Mallard Cove located next to the Shady Grove Metro. This beautiful 2 bedrooms and 2 bathrooms top floor condo has a spacious open floor plan that allows for inside and outside living as one. The breakfast nook with floor to ceiling windows and 2 sky lights bring the outside in. The white cabinets in the kitchen and stainless steel appliances add an updated look. The master suit has private views and includes a walk-in closet, separate vanity and shower space, and can accommodate extra dresser and sitting area. This condo's location and amenities abound: walking trails, and minutes to Shady Grove Metro, Blueberry Hill Park, Rock Creek Park, Needwood Golf Course, and retail shops at Crown, Westside, The Grove, King Farm, RIO Washingtonian Center, Rockville Town Square, and Montgomery College.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Dishwasher, Energy Star Clothes Washer, Energy Star Refrigerator, Oven/Range - Electric, Stainless Steel Appliances, Water Heater - High-Efficiency
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Dining Area, Window Treatments, Carpet, Efficiency
  • Fireplace: No
  • Wall Ceiling Types: High
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1143
  • Living Area Sq Ft: 1143
  • Price Per Sq Ft: 209.97
  • Above Grade Finished Sq Ft: 1143
  • 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, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot 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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 374.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Fitness Center, Picnic Area, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Parking Fee, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Name: MALLARD COVE CONDOMINIUM
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 150500.00
  • Land Assessed Value: 64500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095890
  • Tax Annual Amount: 2435.00
  • Assessor Parcel Number: 160903463868
  • Tax Total Finished Sq Ft: 1143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/19/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 19, 2020
Sold by
Luu Kiet C
Bought by
Lee Susan S
Seller's Agent
Kevin Tsan
Century 21 Redwood Realty
Buyer's Agent
JoAnne Baick
Redfin Corp
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$318,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,141
Avg. Annual Appreciation
6.22%
Original Mortgage
$232,800
Outstanding Balance
$209,968
Interest Rate
3.2%
Estimated Equity
$117,503
Source: Public Records

Range of Values:

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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
Lee Susan S $240,000 Title Town Settlements Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Susan S $232,800
Previous Owner Luu Kiet C $260,200
Previous Owner Luu Kiet C $273,600
Previous Owner Luu Kiet C $53,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $240,000 0.0% $210 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $240,000 -- $210 / 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 $2,884 $243,333 $0 $0
2023 $3,361 $225,000 $67,500 $157,500
2022 $1,828 $221,667 $0 $0
2021 $1,785 $218,333 $0 $0
2020 $1,746 $215,000 $64,500 $150,500
2019 $1,743 $215,000 $64,500 $150,500
2018 $2,375 $215,000 $64,500 $150,500
2017 $1,745 $215,000 $0 $0
2016 -- $206,667 $0 $0
2015 $902 $198,333 $0 $0
2014 $902 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Tsan

    Seller's Agent in 2020

    Kevin Tsan

    Century 21 Redwood Realty

    (571) 315-3783

    8 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    JoAnne Baick

    Redfin Corp

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC708100

Bright MLS

APN: 09-03463868

Maryland Montgomery County Derwood 20855

8101 Needwood Rd Unit 203, Derwood, MD

This home is located at 8101 Needwood Rd Unit 203, Derwood, MD 20855 since 28 May 2020 and is currently estimated at $327,989, approximately $286 per square foot. This property was built in 1985. 8101 Needwood Rd Unit 203 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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