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18816 Clover Hill Lane

18816 Clover Hill Lane, Olney, MD 20832
House in Montgomery
Sold Oct 14, 2020
$438,000
$416,100 by Cardinal Financial Company Lp
Mortgage Due Oct 01, 2050
Sold Oct 05, 2020
$395,850
Local assessors in Olney, MD have categorized 18816 Clover Hill Lane as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 15,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 18816 Clover Hill Lane has a total of 2,468 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement with daylight that is 1 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 312 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 8, 2020 for $438,000. That's $177.47 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2020 for $395,850. 18816 Clover Hill Lane was last assessed in 2023. The total value of the property was assessed at $497,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,589. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 2,468
  • Gross Building Area: 2,468
  • Building Area: 2,468
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLNEY MILL
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLNEY MILL

Ownership

  • Current Owner : MEANS JAMES
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: CLARK MATTHEW K
  • Owner Before Previous Owner 2: CLARK FRANCINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701304

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HU41
  • Account Number: 00740170
  • District: 08
  • Parcel: 08-00740170
  • Block: 2
  • Lot: 11
  • Latitude: 39.1654
  • Longitude: -77.0825

    Address

  • Full Address: 18816 Clover Hill Ln
  • Address - House Number: 18816
  • Address - Street Name: Clover Hill
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Olney
  • Carrier Code: R002
  • 4-Digit Zip Code: 1210
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,589

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 688,150
  • High Value: 786,777
  • Low Value: 589,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,100
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Loan Amount: $416,100
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $574,800
  • Market Land Value: $246,700
  • Market Improvement Value: $328,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11803568920
  • Current Sale Price: $438,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $395,850
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $416,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Olney



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 18816 Clover Hill Lane located in?
The 18816 Clover Hill Lane is a house located in the neighborhood of Montgomery in Olney, Olney.
What is the average sales price for listings in 18816 Clover Hill Lane?
The average sales price for units in 18816 Clover Hill Lane is $449,900 , or $182/sqft. currently.

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