8648 Welbeck Way

Local assessors in Montgomery Village, MD have categorized 8648 Welbeck Way as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 902 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there is one full bathroom. There are also 2 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 8648 Welbeck Way has a total of 950 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 unknown 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8648 Welbeck Way sold most recently in Jun 13, 2018 for a total of $195,000. If you work out the math, that's approximately a cost of $205.26 per sqft. Before that, the property was also sold for $165,000 in Apr 30, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,074 in taxes each year. 8648 Welbeck Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $216,200. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $116,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.