NOT LISTED FOR SALE

18500 Bowie Mill Rd Olney, MD 20832

Estimated Value: $671,000 - $769,000

4 Beds
3 Baths
2,309 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $425,000 $184 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,364/month

19 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • 2 Car Attached Garage
  • Olney Elementary School Rated A
  • No HOA
  • 2-minute walk to Olney Square Neighborhood Park

About This Home

As of September 2013

Lovely & Updated 4-level split in Olney on spectacular corner .44 acre lot w/ beautiful fenced backyard! Some of the many outstanding features include an updated kitchen (granite/stainless) , bathrooms, gleaming hardwood floors, new HVAC system, updated windows, updated doors and garage doors, sunroom w/ separate HVAC system, fenced backyard and so much more! OPEN SUNDAY, July 21st 1-4 pm!

Last Agent to Sell the Property

Susan Ellis

(301) 367-9032 susanellishomes@gmail.com RE/MAX Realty Centre, Inc. License #504124 Listed on: 07/16/2013

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Sandra Schulz

(202) 369-2391 sandyschulz@realtyexecutives.com Samson Properties License #524455

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,501

Year Built

  • Built in 1972

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Insulated Windows
  • Dining Area
  • Partially Finished Basement
  • Rear Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olney Square Subdivision, Open And Updated! Floorplan

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160800766210

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,501

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1972
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Table Space, Kitchen - Eat-In
  • Window Features: Insulated
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 216500.00
  • Land Assessed Value: 249400.00
  • Lot Features: Corner
  • Lot Size Acres: 0.44
  • Lot Size Area: 18972
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18972.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935398
  • Tax Annual Amount: 5501.14
  • Assessor Parcel Number: 160800766210
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Sep 30, 2013
Sold by
Franklin Christopher
Bought by
Demarest Andrew and Demarest Ashley
Seller's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Sandra Schulz
Samson Properties
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$715,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,280
Avg. Annual Appreciation
4.32%
Original Mortgage
$340,000
Outstanding Balance
$255,781
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$459,499

Purchase Details

Listed on
Oct 16, 2011
Closed on
Mar 9, 2012
Sold by
Iqbal Hassan and Khan Zahid H
Bought by
Franklin Christopher
Seller's Agent
Georgiana Copelotti
Classic Select Inc
Buyer's Agent
Cynthia Hines
RE/MAX Realty Services
List Price
$409,900
Sold Price
$390,000
Premium/Discount to List
-$19,900
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$398,385
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Lebron Robert E and Lebron Linda R
Bought by
Uddin Mohammed Zahir and Uddin Shamina Nargis

Purchase Details

Closed on
May 21, 2002
Sold by
Price Robert H and Price J E
Bought by
Lebron Robert E and Lebron Linda R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Demarest Andrew $425,000 None Available
Franklin Christopher $390,000 Hutton Patt Title & Escrow L
Uddin Mohammed Zahir $485,000 --
Lebron Robert E $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarest Andrew $340,000
Previous Owner Franklin Christopher $398,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2013 09/30/13 Sold $425,000 -2.3% $184 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
07/31/2013 07/31/13 Price Changed $435,000 -3.1% $188 / Sq Ft
07/16/2013 07/16/13 For Sale $449,000 +15.1% $194 / Sq Ft
03/09/2012 03/09/12 Sold $390,000 -2.2% $169 / Sq Ft View Prior Sale
01/31/2012 01/31/12 Pending -- -- --
11/29/2011 11/29/11 Price Changed $398,900 0.0% $173 / Sq Ft
11/26/2011 11/26/11 Price Changed $399,000 -2.7% $173 / Sq Ft
10/18/2011 10/18/11 Price Changed $409,900 0.0% $178 / Sq Ft
10/18/2011 10/18/11 For Sale $409,900 +5.1% $178 / Sq Ft
10/17/2011 10/17/11 Off Market $390,000 -- --
10/16/2011 10/16/11 For Sale $419,900 -- $182 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $7,489 $658,300 $288,100 $370,200
2024 $7,489 $611,633 $0 $0
2023 $6,237 $564,967 $0 $0
2022 $5,435 $518,300 $274,300 $244,000
2021 $5,356 $518,300 $274,300 $244,000
2020 $5,356 $518,300 $274,300 $244,000
2019 $5,417 $525,200 $274,300 $250,900
2018 $5,142 $500,133 $0 $0
2017 $4,961 $475,067 $0 $0
2016 -- $450,000 $0 $0
2015 $5,274 $450,000 $0 $0
2014 $5,274 $450,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003624224

Bright MLS

APN: 08-00766210