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18008 Bilney Drive

18008 Bilney Drive, Olney, MD 20832
Property in Montgomery
Sold Nov 02, 2012
$515,000
$200,000 by National Institutes Of Health
Mortgage Due Mar 01, 2048
Sold Jun 14, 2004
$496,800
18008 Bilney Drive has been categorized by the local assessors in Olney, MD as a residential type of property. The building on the property was first built in 1985 and is 39 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 18008 Bilney Drive has 2,816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 684 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,290 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 18008 Bilney Drive sold most recently in Oct 19, 2012 for a total of $515,000. If you work out the math, that's approximately a cost of $243.38 per sqft. Before that, the property was also sold for $496,800 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,489 in taxes each year. 18008 Bilney Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $586,833. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 684
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 11,290
  • Total Building Area: 2,116
  • Gross Building Area: 2,116
  • Building Area: 2,116
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLNEY OAKS
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLNEY OAKS

Ownership

  • Current Owner : WEISS STEVEN M
  • Current Owner 2: WEISS ESTHER M C
  • Previous Owner : LIANG CHENGGUANG
  • Previous Owner 2: LIU SELINA LEI
  • Owner Before Previous Owner: RAYSICK WALTER E
  • Owner Before Previous Owner 2: RAYSICK A M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701312

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HT32
  • Account Number: 02093380
  • District: 08
  • Parcel: 08-02093380
  • Block: B
  • Lot: 41
  • Latitude: 39.1516
  • Longitude: -77.0868

    Address

  • Full Address: 18008 Bilney Dr
  • Address - House Number: 18008
  • Address - Street Name: Bilney
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Olney
  • Carrier Code: R004
  • 4-Digit Zip Code: 2810
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,489

    Appraisal Valuation

  • Standard Deviation: 0.1273
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 782,886
  • High Value: 882,591
  • Low Value: 683,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: NATIONAL INSTITUTES OF HEALTH
  • First Open Lien Mortgage Recording Date: Feb 08, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Market Valuation

  • Market Total Value: $682,500
  • Market Land Value: $265,700
  • Market Improvement Value: $416,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $586,833

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2012
  • Current Sale Recording Date: Nov 02, 2012
  • Current Sale Transaction ID: 1097011900
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 14, 2004
  • Previous Sale Amount: $496,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH BANK
  • First Mortgage Transaction Date: Nov 02, 2012
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042
  • Second Mortgage Lender: MID ATLANTIC FCU
  • Second Mortgage Transaction Date: Nov 02, 2012
  • Second Mortgage Loan Amount: $51,500
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Nov 01, 2027

About Olney



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Frequently Asked Questions

What neighborhood is 18008 Bilney Drive located in?
The 18008 Bilney Drive is a located in the neighborhood of Montgomery in Olney, Olney.
What is the average sales price for listings in 18008 Bilney Drive?
The average sales price for units in 18008 Bilney Drive is $0 currently.

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