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4405 Skymist Terrace

4405 Skymist Terrace, Olney, MD 20832
Property in Montgomery
Sold Jan 10, 2022
$689,000
$551,200 by Ubs Bank Usa
Mortgage Due Feb 01, 2052
4405 Skymist Terrace in Olney, MD was first built in 1984 and is 40 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4405 Skymist Terrace has 2,392 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. In total, the area measurement of the land is 23,799 square feet.

Learn more about the property and building on this page. There is a open porch. 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 420 sqft. There are a total of 2 available parking spaces. 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 unknown. 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 forced air unit. 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. The property was last sold in Jan 7, 2022 for $689,000. That's $288.04 per sqft. 4405 Skymist Terrace was last assessed in 2023. The total value of the property was assessed at $582,533. 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 $6,439. 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. 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: 1984
  • Effective Year Built: 1984
  • 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: Partial basement with daylight
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,799
  • Total Building Area: 2,392
  • Gross Building Area: 2,392
  • Building Area: 2,392
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLNEY OAKS
  • Land Acres: 0.546
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLNEY OAKS

Ownership

  • Current Owner : HANDEL ANDREW
  • Current Owner 2: HANDEL KATHERYN NAGIEL
  • Previous Owner : LONG DOUGLAS A
  • 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: 02093301
  • District: 08
  • Parcel: 08-02093301
  • Block: B
  • Lot: 33
  • Latitude: 39.1522
  • Longitude: -77.0871

    Address

  • Full Address: 4405 Skymist Ter
  • Address - House Number: 4405
  • Address - Street Name: Skymist
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Olney
  • Carrier Code: R004
  • 4-Digit Zip Code: 2824
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,439

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 747,822
  • High Value: 856,775
  • Low Value: 638,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $551,200
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Loan Amount: $551,200
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $683,200
  • Market Land Value: $296,100
  • Market Improvement Value: $387,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Transaction ID: 11887875954
  • Current Sale Price: $689,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Jan 10, 2022
  • First Mortgage Loan Amount: $551,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About Olney



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Frequently Asked Questions

What neighborhood is 4405 Skymist Terrace located in?
The 4405 Skymist Terrace is a located in the neighborhood of Montgomery in Olney, Olney.
What is the average sales price for listings in 4405 Skymist Terrace?
The average sales price for units in 4405 Skymist Terrace is $0 currently.

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