NOT LISTED FOR SALE

8131 Needwood Rd Unit 203 Derwood, MD 20855

Estimated Value: $316,557 - $373,000

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

Last Sold June 11, 2021

Last sale price $305,000 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,432/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Picnic Area
  • Candlewood Elementary School Rated A
  • Community Basketball Court
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

WOW! You definitely need to see this pristine three bedroom, two bath condo located right next to Metro with easy access to all major commuter routes and public transportation. Impeccably updated with fantastic upgrades throughout the entire unit including but not limited to the kitchen, hall and master baths (wow), plus designer flooring and much more. Add in the spectacular view of the common area (trees) and nature at its finest, and you've got a spectacular home. Great Community with plenty of recreational opportunities.

Last Agent to Sell the Property

Patrick Messett

(301) 452-0995 messett1@verizon.net RE/MAX Realty Centre, Inc. License #582821 Listed on: 05/20/2021

RE/MAX Realty Centre, Inc.

Co-Listed By

Christa Sutherland

(240) 671-4660 csutherlandremax@gmail.com RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Christine Malich

(301) 346-1616 italiansoul2003@yahoo.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1985

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,143 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903463505

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, road maintenance, snow removal
  • Low-Rise Condominium
  • Mallard Cove Cod Community
  • Mallard Cove Condominiums Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Recreational Area
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,380

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: 2021-05-31
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: WOW! You definitely need to see this pristine three bedroom, two bath condo located right next to Metro with easy access to all major commuter routes and public transportation. Impeccably updated with fantastic upgrades throughout the entire unit including but not limited to the kitchen, hall and master baths (wow), plus designer flooring and much more. Add in the spectacular view of the common area (trees) and nature at its finest, and you've got a spectacular home. Great Community with plenty of recreational opportunities.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1143
  • Living Area Sq Ft: 1143
  • Price Per Sq Ft: 262.38
  • Above Grade Finished Sq Ft: 1143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8131

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 374.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Non-Lake Recreational Area, Picnic Area, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

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: 154000.00
  • Land Assessed Value: 66000.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: PD5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14095858
  • Tax Annual Amount: 2380.00
  • Assessor Parcel Number: 160903463505
  • Tax Total Finished Sq Ft: 1143
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/11/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 11, 2021
Sold by
Magee Charles and Magee Ana
Bought by
Beckish Martin Andrew
Seller's Agent
Patrick Messett
RE/MAX Realty Centre, Inc.
Buyer's Agent
Christine Malich
Samson Properties
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$345,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,889
Avg. Annual Appreciation
2.91%
Original Mortgage
$270,000
Outstanding Balance
$244,451
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,438

Purchase Details

Closed on
Jan 10, 2006
Sold by
Redline Express&Whm Limited
Bought by
Magee Charles 3Rd & Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,952
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Redline Express&Whm Limited
Bought by
Magee Charles 3Rd & Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,952
Interest Rate
6.28%
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
Beckish Martin Andrew $305,000 Cardinal Title Group Llc
Magee Charles 3Rd & Ana $296,190 --
Magee Charles 3Rd & Ana $296,190 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckish Martin Andrew $270,000
Previous Owner Magee Charles 3Rd & Ana $236,952
Previous Owner Magee Charles 3Rd & Ana $236,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $305,000 +1.7% $267 / Sq Ft
05/20/2021 05/20/21 For Sale $299,900 -- $262 / 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
2025 $2,865 $263,333 -- --
2024 $2,865 $241,667 $0 $0
2023 $3,303 $220,000 $66,000 $154,000
2022 $1,772 $216,667 $0 $0
2021 $1,211 $213,333 $0 $0
2020 $2,383 $210,000 $63,000 $147,000
2019 $2,380 $210,000 $63,000 $147,000
2018 $2,320 $210,000 $63,000 $147,000
2017 $2,380 $210,000 $0 $0
2016 $2,768 $201,667 $0 $0
2015 $2,768 $193,333 $0 $0
2014 $2,768 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC758424

Bright MLS

APN: 09-03463505