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$309,888

Beds
2
Baths
2.0
sq ft
1,138

8121 Needwood Rd Unit 102, Derwood, MD 20855

8121 Needwood Rd Unit 102

DERWOOD, MD 20855

  • Coming soon

Details

Property type

Condominium

Est. home value

$291,024

Lot size

Unknown

Price per sq ft

$273

Year built

1985

Annual property taxes

$2,730

HOA

Yes

Price History

04/29/2020
Bright

Bright #MDMC700496

Sold
$245,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,311
Asking price
$309,888
Closing costs (~8% of asking)
-$24,791
Est. remaining loan balance
-$279,786
Cash to seller
$5,311

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vellum Mortgage Llc

Loan start date

October 2023

Original loan amount

$283,045

Est. remaining balance

$279,786

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Max Cameron Kee Kabin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 12/22/2024 at 2:10 PM

Listing updated: 12/19/2024 at 5:11 PM

Listed by: Robert H Rodman, Long & Foster Real Estate, Inc. Phone #: (301) 975-9500

MLS: Bright #MDMC2158800

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