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2720 Owens Road

2720 Owens Road, Brookeville, MD 20833
Property in Montgomery
Sold Nov 10, 2021
$888,240
$822,375 by Draper & Kramer Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Nov 25, 2019
$500,000
2720 Owens Road has been categorized by the local assessors in Brookeville, MD as a residential type of property. The building on the property was first built in 2021 and is 3 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2720 Owens Road has 4,855 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 1,476 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 22,637 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 mixed used garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Oct 27, 2021 for $888,240. That's $262.87 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2019 for $500,000. 2720 Owens Road was last assessed in 2023. The total value of the property was assessed at $868,300. Specifically, the land the property is located on was valued at $289,500. While improvements on the property were assessed at a total of $578,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,298. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,476
  • Garage Type: Mixed use
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,637
  • Total Building Area: 3,379
  • Gross Building Area: 3,379
  • Building Area: 3,379
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARLEY MANOR FOREST
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROOKEVILLE PRESERVE

Ownership

  • Current Owner : LEE CHERRY
  • Current Owner 2: LEE RONALD QUONWAH
  • Previous Owner : DAN RYAN BUILDERS MID ATLANTIC LLC
  • Owner Before Previous Owner: CMF DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 701315

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: HT63
  • Account Number: 03841112
  • District: 08
  • Parcel: 08-03841112
  • Lot: 16
  • Latitude: 39.164
  • Longitude: -77.0578

    Address

  • Full Address: 2720 Owens Rd
  • Address - House Number: 2720
  • Address - Street Name: Owens
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Brookeville
  • Carrier Code: R006
  • 4-Digit Zip Code: 3218
  • Zip Code: 20833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,298

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 1,042,290
  • High Value: 1,191,674
  • Low Value: 892,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,375
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $868,300
  • Market Land Value: $289,500
  • Market Improvement Value: $578,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $868,300
  • Assessed Land Value: $289,500
  • Assessed Improvements Value: $578,800

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11869106629
  • Current Sale Price: $888,240
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Olney



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Frequently Asked Questions

What neighborhood is 2720 Owens Road located in?
The 2720 Owens Road is a located in the neighborhood of Montgomery in Olney, Brookeville.
What is the average sales price for listings in 2720 Owens Road?
The average sales price for units in 2720 Owens Road is $0 currently.

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