7301 Needwood Rd
Derwood, MD 20855
5 bd 3 ba 3,150 sqft Built 1974 Lot 21,000 sqft single_family
Most recent sale
$707,000
Nov 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 21, 2022 | Sold | $707,000 | BrightMLS |
| Oct 14, 2022 | Listed | $675,000 | BrightMLS |
| Oct 3, 2005 | Sold | $618,500 | Public Record |
| Aug 7, 1984 | Sold | $130,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $229,900 | $289,600 | $519,500 | $5,998 |
| 2022 | — | — | $510,733 | $5,598 |
| 2021 | — | — | $501,967 | $5,430 |
| 2020 | $217,400 | $275,800 | $493,200 | $2,646 |
| 2019 | — | — | $481,967 | $5,139 |
| 2018 | — | — | $470,733 | $4,998 |
| 2017 | $208,800 | $250,700 | $459,500 | $4,960 |
| 2016 | $208,800 | $250,700 | $459,500 | $4,865 |
| 2015 | $239,700 | $220,000 | $459,700 | $4,913 |
| 2014 | — | — | $459,700 | $4,884 |
| 2012 | — | — | $459,700 | $4,806 |
| 2011 | — | — | $474,240 | $4,741 |
| 2010 | — | — | $474,240 | $4,511 |
| 2009 | — | — | $474,240 | $4,951 |
| 2008 | — | — | $515,770 | $3,811 |
Property facts
Year built
1974
Property type
single_family
Stories
4
Beds
5
Baths
3
Living area
3,150 sqft
Lot size
21,000 sqft
ZIP code
20855
City
Derwood
Street
Needwood Rd
Coordinates
39.12308, -77.14881
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,725
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value
—
Frequently asked questions
When did 7301 Needwood Rd last sell?
7301 Needwood Rd most recently sold on Nov 21, 2022 for $707,000.
What is the current tax assessment for 7301 Needwood Rd?
The most recent total assessment for 7301 Needwood Rd (year 2023) is $519,500 with $5,998 in property tax.
How does 7301 Needwood Rd's assessment compare to its last sale price?
The current assessment is 26.5% below the last sale price of $707,000.
When was 7301 Needwood Rd built?
7301 Needwood Rd was built in 1974.
How does 7301 Needwood Rd compare to others on Needwood Rd?
We track 8 other properties on Needwood Rd. Browse the list under "Other properties on Needwood Rd" to compare beds, baths, and sale history.
What are the property facts for 7301 Needwood Rd?
7301 Needwood Rd is a 5 bed, 3 bath, 3,150 sqft, 21,000 sqft lot single_family.
Is 7301 Needwood Rd a flip candidate?
No — 7301 Needwood Rd does not appear in our flips dataset.
Is 7301 Needwood Rd a tax-appeal candidate?
No — 7301 Needwood Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.5%
Implied 1-yr
-17.9%
2026 Q2
$594.1K
2026 Q3
$563.5K
ZIP 20855 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Needwood Rd