8020 Needwood Road, Unit T102

Derwood, MD 20855

$290,000
Last Sold Price
2
Beds
2
Baths
1,129 Sq. Ft.
$257 / Sq. Ft.
1,129
Sq. Ft.
$257
per Sq. Ft.

Description

INVESTOR OPPORTUNITY ONLY! Condo is leased by an excellent tenant through June 2023. Completely reimagined, this 2 bed/2 bath condo is unlike anything you've seen in Mallard Cove. State-of-the-art custom kitchen with sleek white cabinets, granite counters, high-end stainless appliances & sunlit breakfast area with remote motorized shades. Separate dining area, gleaming wood floors, modern bathrooms to rival any boutique hotel, spacious bedrooms, incredible custom walk-in closet with barn door. New...INVESTOR OPPORTUNITY ONLY! Condo is leased by an excellent tenant through June 2023. Completely reimagined, this 2 bed/2 bath condo is unlike anything you've seen in Mallard Cove. State-of-the-art custom kitchen with sleek white cabinets, granite counters, high-end stainless appliances & sunlit breakfast area with remote motorized shades. Separate dining area, gleaming wood floors, modern bathrooms to rival any boutique hotel, spacious bedrooms, incredible custom walk-in closet with barn door. New windows, Nest thermostat, Nest smoke/carbon detectors, front loading washer and dryer in unit, and a custom-tiled patio. TWO garages, one additional assigned exterior space, separate secure STORAGE, fitness center, tennis and pool make this a once in a lifetime offering. Outstanding location, walking distance to red line METRO and new Westside at Shady Grove development. Hop, skip and jump to the ICC /200, 270, Starbucks, Safeway, King Farm, Crown and Rio. Great opportunity to buy under $300k and benefit from future growth in the area. *Current Lease amount is $2,050, only one garage included in lease, second garage can be sold or rented out by new owner.*

Listing Agent

Property Details for 8020 Needwood Road, Unit T102

Tax ID Number
160903464008
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
1
Structure Type
Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
1

Location

Sold By Red Maple Realtors Inc.

Add your commute
LISTING UPDATED: 03/21/2022 11:00 PM

Property Details for 8020 Needwood Road, Unit T102

StatusClosed
MLS #MDMC728578
Days on Market63
Taxes$2,521 / year
HOA Fees-
Condo/Co-op Fees$464 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1985
CountyMontgomery County

Building

PARK OVERLOOK

1 UnitsBuilt in 1985

Location

Sold By Red Maple Realtors Inc.

Add your commute

Building Information for 8020 Needwood Road, Unit T102

Building/ComplexPARK OVERLOOKFloor-Stories-Residences1Pet PolicyAllowedYear Built1985

Payment Calculator

$2,257 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,583

Property Taxes

$210

HOA Dues

$464

The Payment Calculator is for illustrative purposes only.

Property Information for 8020 Needwood Road, Unit T102

Location
Location
  • In City Limits: No
  • Transportation: Metro/Subway Station less than 1 mile, Bus Stop less than 1 mile
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138126809
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Pool(s), Trash
  • HOA Condo Coop Amenities: Bike Trail, Club House, Common Grounds, Extra Storage, Fitness Center, Jog/Walk Path, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground
  • Other Fees: $150
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $230,000
  • Year Assessed: 2020
  • County Tax: $2,462
  • Improvement Assessed Value: $161,000
  • Land Assessed Value: $69,000
  • Clean Green Assessed: No
  • Land Use Code: 011
  • Refuse Fee: $16
  • Zoning: PD5
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $300
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $24,600
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,129.00
Lot / Land Information
Lot / Land Information
  • Parcel ID: 14095904
Parking
Parking
  • Type Of Parking: Detached Garage, Off Street, Parking Lot
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Lot - # of Spaces: 1
  • Number of Assigned Spaces: 1
  • Assigned Parking Space Number(s): Space -37; Garage -17 & 19
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Garage Door Opener
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Kitchen - Galley, Kitchen - Gourmet, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Accessibility Features: Level Entry - Main
  • Window Features: Replacement
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Secure Storage
  • Outdoor Living Structures: Patio(s)
  • Pool: Yes - Community
  • Community Pool Features: In Ground
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 8020 Needwood Road, Unit T102

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8020 Needwood Road, Unit T102

This home is within Montgomery County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Candlewood Elementary School
PublicPK to 5

Shady Grove Middle School
Public6 to 8

Col. Zadok Magruder High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/21/2022 11:00 PM