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8020 Needwood Rd

Derwood, MD 20855

3 bd 2 ba 1,172 sqft Built 1985 condos
Most recent sale
$265,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2024 Sold $320,000 BrightMLS
Jan 19, 2023 Listing removed $2,050 BrightMLS
Nov 7, 2022 Listed for rent $2,050 BrightMLS
Nov 7, 2022 Listed $319,990 BrightMLS
Sep 25, 2022 Listed $329,990 MLS #MDMC2070446
Apr 14, 2022 Sold $265,000 Public Record
May 25, 2021 Listing removed $1,750 BrightMLS
Mar 14, 2021 Listed for rent $1,750 BrightMLS
Dec 14, 2020 Price changed for rent $1,800 BrightMLS
Dec 8, 2020 Listed for rent $1,850 BrightMLS
Oct 17, 2019 Listing removed $1,750 BrightMLS
Aug 4, 2017 Listing removed $1,750 MRIS
Jun 30, 2017 Listed for rent $1,750 BrightMLS
Oct 19, 2016 Listing removed $1,700 MRIS
Oct 18, 2016 Listing removed $1,650 BrightMLS
Sep 5, 2016 Price changed for rent $1,700 MRIS
Sep 3, 2016 Listed for rent $1,700 BrightMLS
Sep 3, 2016 Listing removed $1,800 MRIS
Aug 13, 2016 Listed for rent $1,800 MRIS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $150,500 $64,500 $215,000 $3,238
2021 $211,667 $2,397
2020 $147,000 $63,000 $210,000 $2,377
2019 $147,000 $63,000 $210,000 $2,374
2018 $147,000 $63,000 $210,000 $2,379
2017 $147,000 $63,000 $210,000 $2,421
2016 $201,667 $2,375
2015 $201,667 $2,124
2014 $129,500 $55,500 $185,000 $2,138
2013 $185,000 $2,106
2012 $185,000 $2,768
2011 $255,000 $2,649
2010 $255,000 $2,651

Property facts

Year built
1985
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,172 sqft
Lot size
ZIP code
20855
City
Derwood
Street
Needwood Rd
Coordinates
39.12497, -77.15829

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,758
Gross rental yield
7.96%
Implied cap rate
5.17%
Trend-extrapolated value

Frequently asked questions

When did 8020 Needwood Rd last sell?
8020 Needwood Rd most recently sold on Apr 14, 2022 for $265,000.
What is the current tax assessment for 8020 Needwood Rd?
The most recent total assessment for 8020 Needwood Rd (year 2023) is $215,000 with $3,238 in property tax.
How does 8020 Needwood Rd's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $265,000.
When was 8020 Needwood Rd built?
8020 Needwood Rd was built in 1985.
How does 8020 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 8020 Needwood Rd?
8020 Needwood Rd is a 3 bed, 2 bath, 1,172 sqft condos.
Is 8020 Needwood Rd a flip candidate?
No — 8020 Needwood Rd does not appear in our flips dataset.
Is 8020 Needwood Rd a tax-appeal candidate?
No — 8020 Needwood Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.5%
Implied 1-yr
-17.9%
2026 Q2
$594.1K
2026 Q3
$563.5K
ZIP 20855 — Median Price History + Forecast

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