See Home Value
Olney 20832
18505 MEADOWLAND TER
$792,500
House - Off Market

18505 MEADOWLAND TER

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1974 Sqft
$774,962
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

You're going to love this home!!!  It recently appraised for quite a bit over the asking price!!  The seller has priced this to move!!  The house next door, which is the same model, sold for $817,000!! You may never find a view like this again!!!  The kitchen opens up to an AMAZING screened porch which opens up to a private deck. The back yard is fully fenced and has plenty of room for a swing set. You can't beat the outdoor space on this home!!  And it's at the very end of the cul de sac!!  Four spacious bedrooms; three full baths, kitchen opens to the family room and more. The finished basement features a recroom with walkout and plenty of storage. Don't miss this one!
Unit Size
1,974Ft²
Days on Market
29 days
Land Size
0.16 acres
Price per sqft
$390
Property Type
House
Property Taxes
$523
HOA Dues
$53
Year Built
1994
Last updated: 12 months ago (Bright MLS #MDMC2089198)

Price History

Date / Event Date Event Price
May 19, 2023 Sold to James V Geiger, Shu-chen Chang $792,500
Sold to James V Geiger, Shu-chen Chang
Apr 19, 2023 In contract -
In contract
Apr 13, 2023 Listed by EXP Realty, LLC $769,000
Listed by EXP Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 636
  • Garage Type: Built-in
  • Garage Square Area: 168
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,024
  • Total Building Area: 1,974
  • Gross Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMES CREEK
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JAMES CREEK

Ownership

  • Current Owner : GEIGER JAMES V
  • Current Owner 2: CHANG SHU-CHEN
  • Previous Owner : FISHMAN ROBERT J
  • Owner Before Previous Owner: WHELESS DONOVAN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701315

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: HT63
  • Account Number: 03002266
  • District: 08
  • Parcel: 08-03002266
  • Block: D
  • Lot: 159
  • Latitude: 39.1588
  • Longitude: -77.0564

    Address

  • Full Address: 18505 Meadowland Ter
  • Address - House Number: 18505
  • Address - Street Name: Meadowland
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Olney
  • Carrier Code: R016
  • 4-Digit Zip Code: 1563
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,302

    Appraisal Valuation

  • Standard Deviation: 0.1496
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 723,792
  • High Value: 832,093
  • Low Value: 615,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $634,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: May 19, 2023
  • First Open Lien Mortgage Loan Amount: $634,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $537,300
  • Market Land Value: $242,700
  • Market Improvement Value: $294,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537,300
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $294,600

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Transaction ID: 11906849366
  • Current Sale Price: $792,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 21, 2002
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: May 19, 2023
  • First Mortgage Loan Amount: $634,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
1,960 ft²
$417/ft²
$817,001 Feb 9, 2023
$817,001 Mar 13, 2023
$53/mo
House
5 Beds
4 Baths
3,010 ft²
$284/ft²
$855,000 Mar 9, 2023
$855,000 May 12, 2023
$67/mo
Townhouse
3 Beds
4 Baths
2,304 ft²
$295/ft²
$679,900 Feb 9, 2023
$679,900 Mar 16, 2023
$475/mo
House
4 Beds
4 Baths
1,880 ft²
$345/ft²
$649,000 Apr 30, 2023
-
$53/mo
House
4 Beds
4 Baths
1,736 ft²
$420/ft²
$729,000 May 6, 2023
-
$65/mo
House
4 Beds
4 Baths
2,808 ft²
$303/ft²
$849,900 Apr 25, 2023
-
$77/mo
House
5 Beds
4 Baths
2,708 ft²
$305/ft²
$825,000 Apr 12, 2023
-
$410/mo

About Olney


Similar Homes for Sale

Unit for sale at 3608 Blankenship Court, OLNEY, MD 20832

$729,000

  • 4 Beds
  • 4 Baths
  • 1,736 ft²
3608 Blankenship Court, OLNEY, MD 20832 Listing by JIMEEN DOLES

Nearby Rentals

Unit for rent at 17100 Thorntondale Court, Olney, MD, 20832

$3,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,508 ft²
17100 Thorntondale Court #17100 Thorntondale Court, Olney, MD, 20832 Listing by Manager


Frequently Asked Questions

When was property at 18505 Meadowland Terrace built and last sold?
The property at 18505 Meadowland Terrace was built in 1994 and last sold on May 12, 2023 for $792,500.
How much is this home worth?
The estimated value of the home located at 18505 Meadowland Terrace is $776,690.
What are some comparable homes to 18505 Meadowland Terrace?
Homes that are comparable to 18505 Meadowland Terrace include a house property at 3608 Blankenship Court, 18503 Meadowland Terrace, 18417 Snowberry Way.

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