
8131 Needwood Rd Unit 102 Derwood, MD 20855
Highlights
- Contemporary Architecture
- Community Pool
- Forced Air Heating and Cooling System
- Candlewood Elementary School Rated A
- Level Entry For Accessibility
About This Home
As of July 2025Welcome to this charming 2-bedroom, 2-bathroom condo located in the highly desirable Mallard Cove community! Offering a quiet and private setting, this well-maintained home backs to serene woods and includes a private balcony with access from both the living room and kitchen dining area.
Prime location! Just a 15-minute walk to Shady Grove Metro for easy commuting; a 5-minute drive to Rock Creek Regional Park. Adjacent to a scenic lake and trail. And a 5-minute drive to Safeway and the shops and restaurants at King Farm.
Home Features:
Primary bedroom with en suite bathroom,
Guest bedroom and hall bathroom,
Spacious living/dining room and kitchen with dining area,
Full-size in-unit washer and dryer,
Private balcony with peaceful wooded views,
One reserved parking space (#79).
The kitchen boasts Corian countertops with a stylish tile backsplash, and the home includes a new microwave oven. The HVAC system has been serviced annually, and the ducts were cleaned within the past two years.
Buyer Incentive:
This home is being sold as-is. To help make it your own, the seller is offering a $10,000 credit at closing to customize the home as you desire.
Additional Highlights:
$442/month condo fee,
FHA-approved for flexible financing options,
Mallard Cove amenities include an outdoor pool, basketball court, workout room, walking trails and plenty of outdoor green space with benches and barbecues throughout the community.
Last Agent to Sell the Property
Phil Reding
Redfin Corp License #5008663 Listed on: 06/12/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,884
Year Built
- Built in 1985
HOA Fees
- $442 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,138 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160903463447
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pool(s)
- Low-Rise Condominium
- Mallard Cove Codm Community
- Mallard Cove Condominiums Subdivision
Amenities
- Common Area
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Derwood, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $274,000 | The Security Title Guarantee C | |
Deed | $274,000 | The Security Title Guarantee C | |
Quit Claim Deed | -- | None Listed On Document | |
Deed | $275,890 | -- | |
Deed | $275,890 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $225,180 | Stand Alone Second |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | Sold | $274,000 | -3.5% | $241 / Sq Ft |
06/12/2025 06/12/25 | For Sale | $284,000 | -- | $250 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2025 | $2,884 | $261,667 | -- | -- |
2024 | $2,884 | $243,333 | $0 | $0 |
2023 | $1,977 | $225,000 | $67,500 | $157,500 |
2022 | $1,787 | $221,667 | $0 | $0 |
2021 | $1,785 | $218,333 | $0 | $0 |
2020 | $3,492 | $215,000 | $64,500 | $150,500 |
2019 | $3,487 | $215,000 | $64,500 | $150,500 |
2018 | $1,748 | $215,000 | $64,500 | $150,500 |
2017 | $1,745 | $215,000 | $0 | $0 |
2016 | $902 | $206,667 | $0 | $0 |
2015 | $902 | $198,333 | $0 | $0 |
2014 | $902 | $190,000 | $0 | $0 |
Agents Affiliated with this Home
-
P
Seller's Agent in 2025
Phil Reding
Redfin Corp
-
Buyer's Agent in 2025
Fred Gomez
Smart Realty, LLC
(240) 417-8130
1 in this area
53 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2172494

APN: 09-03463447
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