NOT LISTED FOR SALE

18557 Bowie Mill Rd Olney, MD 20832

Estimated Value: $562,333 - $621,000

3 Beds
1.5 Baths
1,054 Sq Ft
$562/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $407,000 $386 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,567/month

49 Days on Market

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • No HOA
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Country Kitchen

About This Home

As of July 2016

Super cute ranch with oversized TWO-car garage walking distance to town center. This spacious home features designer kitchen overlooking super yard loaded with privacy. The owners have a vegetable garden in the back and a nice sized shed. You can easily set up soccer and volleyball in this spacious yard!! Won t last. One floor living at it s best with finished basement and even more space!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 05/13/2016

EXP Realty, LLC

Co-Listed By

Sherry Felice

(301) 924-8200 sherryfelicerealtor@gmail.com EXP Realty, LLC License #80414

Last Buyer's Agent

Enid Cruz

(301) 439-1180 info@heymannrealty.com Heymann Realty, LLC

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area

Kitchen

  • Country Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

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

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160800765853

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 1971

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-05-13
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dryer, Washer, Cooktop, Dishwasher, Disposal, Refrigerator, Icemaker, Stove
  • Interior Amenities: Kitchen - Country, Dining Area, Entry Level Bedroom, Window Treatments, Built-Ins
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • 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, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 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

  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Improvement Assessed Value: 137200.00
  • Land Assessed Value: 265000.00
  • Lot Size Acres: 0.36
  • Lot Size Area: 15618
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15618.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935363
  • Tax Annual Amount: 4456.81
  • Assessor Parcel Number: 160800765853
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 29, 2016
Sold by
Murray Vanpelt and Murray Glenda Van
Bought by
Degadu Justice and Dagadu Julia
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Enid Cruz
Heymann Realty, LLC
List Price
$405,000
Sold Price
$407,000
Premium/Discount to List
$2,000
0.49%
Current Estimated Value
$592,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,583
Avg. Annual Appreciation
3.97%
Original Mortgage
$420,431
Outstanding Balance
$335,455
Interest Rate
3.48%
Mortgage Type
VA
Estimated Equity
$257,128

Purchase Details

Closed on
Mar 31, 2004
Sold by
Romig Raymond E
Bought by
Murray Vanpelt and Murray Glenda

Purchase Details

Closed on
Dec 12, 2003
Sold by
Romig Raymond E
Bought by
Murray Vanpelt and Murray Glenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degadu Justice $407,000 Attorney
Murray Vanpelt $327,000 --
Murray Vanpelt $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degadu Justice $420,431
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $407,000 +0.5% $386 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $405,000 -0.5% $384 / Sq Ft
05/14/2016 05/14/16 Off Market $407,000 -- --
05/13/2016 05/13/16 For Sale $415,000 -- $394 / Sq Ft
Source: Bright MLS

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 $5,395 $450,700 $278,300 $172,400
2024 $5,395 $429,733 $0 $0
2023 $4,437 $408,767 $0 $0
2022 $3,995 $387,800 $265,000 $122,800
2021 $3,942 $387,800 $265,000 $122,800
2020 $3,917 $387,800 $265,000 $122,800
2019 $3,956 $392,700 $265,000 $127,700
2018 $3,956 $392,700 $265,000 $127,700
2017 $4,234 $392,700 $0 $0
2016 -- $402,200 $0 $0
2015 $3,015 $374,667 $0 $0
2014 $3,015 $347,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002423031

Bright MLS

APN: 08-00765853

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