8141 Needwood Rd Derwood, MD 20855
2
Beds
2
Baths
1,143
Sq Ft
$442/mo
HOA Fee
Highlights
- Fitness Center
- Lake View
- Traditional Floor Plan
- Candlewood Elementary School Rated A
- Clubhouse
- Traditional Architecture
About This Home
As of September 2024MULTIPLE OFFERS WERE RECEIVED. TOP floor, balcony overlooking woods and lake, light-filled 2beds 2baths condo with ONE CAR GARAGE (#14) and one assigned parking spot(#87), 0.5 mile from Shady Grove Metro, close to shopping & restaurants. Kitchen has beautiful countertops, spacious master with walk-in closet, open living area, laundry room with washer and dryer in unit, 4 year old skylight and roof. Additional storage available by the clubhouse, community amenities include pool, fitness center, dog-friendly park, tennis court, bike paths, and much more. Minutes to 355, 270, ICC, Need wood golf course, and much more.
Last Agent to Sell the Property
BMI REALTORS INC. License #0225199350 Listed on: 08/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,435
Year Built
- Built in 1985
HOA Fees
- $442 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- On-Street Parking
- Parking Lot
- Off-Street Parking
- Assigned Parking
Property Views
- Lake
- Woods
- Garden
Home Design
- Traditional Architecture
- Brick Front
Interior Spaces
- 1,143 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Skylights
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Carpet
Kitchen
- Breakfast Room
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- Candlewood Elementary School
- Shady Grove Middle School
- Col. Zadok Magruder High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160903463380
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), road maintenance, snow removal, trash, water, sewer
- $50 Other Monthly Fees
- Low-Rise Condominium
- Mallar Cove Codm Condos
- Mallard Cove Cod Community
- Mallard Cove Condominiums Subdivision
Amenities
- Picnic Area
- Common Area
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Sep 25, 2024
Sold by
Wang Yicun and Liu Jiaoyue
Bought by
Valenzuela Leon Paola Carolina and Patino Martinez Eduardo
Seller's Agent
Melissa Zhong
BMI REALTORS INC.
Buyer's Agent
ROBERTO TELLO
District Pro Realty
List Price
$320,000
Sold Price
$328,000
Premium/Discount to List
$8,000
2.5%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,736
Avg. Annual Appreciation
1.29%
Original Mortgage
$262,400
Outstanding Balance
$260,946
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$70,606
Purchase Details
Closed on
Aug 23, 2021
Sold by
Wang Yicun
Bought by
Wang Yicun and Liu Jiaoyue
Purchase Details
Listed on
Feb 1, 2019
Closed on
Apr 5, 2019
Sold by
Jon Eric Chengwon
Bought by
Wang Yicun
Seller's Agent
Catherine Arnaud-Charbonneau
Compass
Buyer's Agent
Marta Peralta
RE/MAX Realty Services
List Price
$278,000
Sold Price
$270,000
Premium/Discount to List
-$8,000
-2.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$189,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 9, 2005
Sold by
Redline Express&Whm Limited
Bought by
Zhang Chen G
Purchase Details
Closed on
May 23, 2005
Sold by
Redline Express&Whm Limited
Bought by
Zhang Chen G
Similar Homes in Derwood, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $328,000 | Quantum Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Deed | $270,000 | None Available | |
| Deed | $311,990 | -- | |
| Deed | $311,990 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,400 | New Conventional | |
| Previous Owner | $189,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $328,000 | 0.0% | $287 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $328,000 | +2.5% | $287 / Sq Ft |
| 09/01/2024 09/01/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | For Sale | $320,000 | +18.5% | $280 / Sq Ft |
| 04/05/2019 04/05/19 | Sold | $270,000 | -2.9% | $236 / Sq Ft |
| 03/04/2019 03/04/19 | Pending | -- | -- | -- |
| 02/01/2019 02/01/19 | For Sale | $278,000 | -- | $243 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $3,183 | $269,333 | $0 | $0 |
| 2023 | $2,426 | $264,000 | $79,200 | $184,800 |
| 2022 | $2,114 | $247,667 | $0 | $0 |
| 2021 | $1,929 | $231,333 | $0 | $0 |
| 2020 | $1,746 | $215,000 | $64,500 | $150,500 |
| 2019 | $1,743 | $215,000 | $64,500 | $150,500 |
| 2018 | $65 | $215,000 | $64,500 | $150,500 |
| 2017 | $2,437 | $215,000 | $0 | $0 |
| 2016 | -- | $206,667 | $0 | $0 |
| 2015 | $2,821 | $198,333 | $0 | $0 |
| 2014 | $2,821 | $190,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2024
Melissa Zhong
BMI REALTORS INC.
-
R
Buyer's Agent in 2024
ROBERTO TELLO
District Pro Realty
-
C
Seller's Agent in 2019
Catherine Arnaud-Charbonneau
Compass
-
A
Seller Co-Listing Agent in 2019
Al Charbonneau
Compass
-
M
Buyer's Agent in 2019
Marta Peralta
RE/MAX
Map
Source: Bright MLS
MLS Number: MDMC2144306
APN: 09-03463380
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