NOT LISTED FOR SALE

18536 Bowie Mill Rd Olney, MD 20832

Estimated Value: $704,239 - $745,000

4 Beds
2.5 Baths
2,200 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $655,000 $298 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,386/month

13 Days on Market

Highlights

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

About This Home

As of June 2022

Stunning colonial in Olney Square just minutes from Olney shopping center, restaurants, parks, and local entertainment. Walking into the main level, you are greeted by an open foyer that leads to the living room or continue straight to the eat-in kitchen with fireplace and French door with window sidelights that open to the large rear patio. The sun lit formal dining room, a half bath, laundry room, and two-car garage complete your tour of the main level. This open and inviting home has four spacious bedrooms on the upper level with two full baths (guest bath updated in 2021). The finished lower level is ideal for relaxing and watching a movie and has plenty of additional storage space. The rear yard is perfect for entertaining and has plenty of room for the shed and play area. Conveniently located near several commuter routes, local parks, amenities and more! Enjoy walking paths, basketball and tennis courts, tot lots and playgrounds. Roof and sliding (2019). 1-year home warranty.

Last Agent to Sell the Property

Jamie Smart

(240) 460-2914 smart.jamie@outlook.com Redfin Corp License #SP200203303 Listed on: 04/30/2022

Redfin Corp

Last Buyer's Agent

Hae-Jeong Kim

(410) 531-7807 siderealtymd@gmail.com Kimstone Realty Inc. License #613068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Screen For Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 21
  • Assessor Parcel Number 160800765795

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,419

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-30
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2367
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 352.78
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 167
  • Total Below Grade Sq Ft: 567
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • High School: SHERWOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 207100.00
  • Land Assessed Value: 255000.00
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935357
  • Tax Annual Amount: 5419.00
  • Assessor Parcel Number: 160800765795
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 18, 2017
Sold by
Bergman Jason and Bergman Heather
Bought by
Abello Andres and Abello Schawn
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
Natalia Farrar
Fairfax Realty Premier
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Current Estimated Value
$723,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,782
Avg. Annual Appreciation
4.91%
Original Mortgage
$456,000
Outstanding Balance
$378,490
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$345,820
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
Abello Andres $480,000 Title Forward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abello Andres $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Sold $655,000 +3.1% $298 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $635,000 +32.3% $289 / Sq Ft
05/19/2017 05/19/17 Sold $480,000 -2.0% $241 / Sq Ft View Prior Sale
04/11/2017 04/11/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $489,900 +2.1% $246 / Sq Ft
03/31/2017 03/31/17 Off Market $480,000 -- --
03/30/2017 03/30/17 For Sale $489,900 -- $246 / 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 $6,952 $616,500 $267,800 $348,700
2024 $6,952 $565,033 $0 $0
2023 $7,029 $513,567 $0 $0
2022 $4,815 $462,100 $255,000 $207,100
2021 $4,727 $459,033 $0 $0
2020 $4,669 $455,967 $0 $0
2019 $4,620 $452,900 $255,000 $197,900
2018 $4,621 $452,900 $255,000 $197,900
2017 $4,865 $452,900 $0 $0
2016 -- $457,000 $0 $0
2015 $3,697 $432,433 $0 $0
2014 $3,697 $407,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2047608

Bright MLS

APN: 08-00765795