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18805 Woodway Drive

18805 Woodway Drive, Derwood, MD 20855
Property in Montgomery
Sold May 05, 2021
$515,000
$489,055 by Draper & Kramer Mortgage Corp
Mortgage Due May 01, 2051
Sold Sep 01, 1994
$207,000
$196,650 by Choice Mortgage Corporation
Mortgage
18805 Woodway Drive in Derwood, MD was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 18805 Woodway Drive has 2,514 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 700 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 34,154 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 266 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 18805 Woodway Drive was last sold in Apr 16, 2021 for $515,000. According to our calculations, that's $283.90 per sqft. Prior to that sales transaction, the property was sold for $207,000 in Jan 1, 1970. Current property owners are expected to pay $5,118 in taxes per year. The property on 18805 Woodway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $462,667. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Garage Type: Attached
  • Garage Square Area: 266
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 34,154
  • Total Building Area: 1,814
  • Gross Building Area: 1,814
  • Building Area: 1,814
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 2,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANBY WOODS
  • Land Acres: 0.784
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOTS 1 & 3 GRANBY WOODS

Ownership

  • Current Owner : LAU KIT C
  • Current Owner 2: LAU ERICA
  • Previous Owner : VENHAM TERESA ANN
  • Previous Owner 2: ESTATE OF ROCKIE A PATTERSON
  • Owner Before Previous Owner: CONNOLEY WAYNE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701307

Zoning

  • Zoning: RE1

Geography

  • Assessors Map Reference: GT63
  • Account Number: 00734602
  • District: 08
  • Parcel: 08-00734602
  • Block: E
  • Lot: 1,3
  • Latitude: 39.164
  • Longitude: -77.1164

    Address

  • Full Address: 18805 Woodway Dr
  • Address - House Number: 18805
  • Address - Street Name: Woodway
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Derwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1469
  • Zip Code: 20855

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,118

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 619,597
  • High Value: 699,925
  • Low Value: 539,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,055
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $489,055
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $502,600
  • Market Land Value: $300,600
  • Market Improvement Value: $202,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11835936644
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 01, 1994
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $489,055
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHOICE MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Sep 01, 1994
  • Previous Mortgage Loan Amount: $196,650

About Montgomery



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Frequently Asked Questions

What neighborhood is 18805 Woodway Drive located in?
The 18805 Woodway Drive is a located in the neighborhood of Montgomery in Montgomery, Derwood.
What is the average sales price for listings in 18805 Woodway Drive?
The average sales price for units in 18805 Woodway Drive is $0 currently.

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