NOT LISTED FOR SALE

16400 Cross Timber Terrace Olney, MD 20832

Estimated Value: $1,085,000 - $1,184,679

4 Beds
3.5 Baths
6,362 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $905,000 $142 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,270/month

Highlights

  • View of Trees or Woods
  • 9.67 Acre Lot
  • 2 Fireplaces
  • Sherwood Elementary School Rated A
  • Rambler Architecture
  • No HOA

About This Home

As of November 2021

This is your chance to own your very own little slice of paradise on almost 10 private acres while still being close to everything!!! This custom built rambler is ready and waiting for your personal touches! Expansive foyer entry opens to formal living and dining room, pass through butlers pantry w/ storage and wet bar. Step into the expansive open concept kitchen w/ tons of storage and prep space and eat in table space. Perfect for entertaining - the family room is open to the kitchen and seating area, back deck and solarium w/ built in jacuzzi tub. Large office/bedroom w/ tons of natural light from your solarium! 2 additional large bedrooms w/ TONS of closet space. Big primary bedroom w/ large walk-in closet, make-up vanity prep space and separate tub/shower sink area. Main level laundry room with tons of extra storage space! Head downstairs to the massive expansive basement w/ 2 additional den/office spaces, full bathroom, bar area and walkup stairs to backyard. Private backyard area w/ plenty of room to entertain, garden or watch for animals roaming through your wooded 10 acre lot!

Last Agent to Sell the Property

David Wagner

(301) 221-7342 david@wagnerhomegroup.com RE/MAX Realty Centre, Inc. License #SP200202808 Listed on: 09/09/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Nicole Carrington

(301) 332-5659 nicole.carrington@compass.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,689

Year Built

  • Built in 1987

Lot Details

  • 9.67 Acre Lot
  • Property is zoned RNC

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Interior Basement Entry

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • James Hubert Blake High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Anscroft Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160800712662

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,689

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-09-10
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: This is your chance to own your very own little slice of paradise on almost 10 private acres while still being close to everything!!! This custom built rambler is ready and waiting for your personal touches! Expansive foyer entry opens to formal living and dining room, pass through butlers pantry w/ storage and wet bar. Step into the expansive open concept kitchen w/ tons of storage and prep space and eat in table space. Perfect for entertaining - the family room is open to the kitchen and seating area, back deck and solarium w/ built in jacuzzi tub. Large office/bedroom w/ tons of natural light from your solarium! 2 additional large bedrooms w/ TONS of closet space. Big primary bedroom w/ large walk-in closet, make-up vanity prep space and separate tub/shower sink area. Main level laundry room with tons of extra storage space! Head downstairs to the massive expansive basement w/ 2 additional den/office spaces, full bathroom, bar area and walkup stairs to backyard. Private backyard area w/ plenty of room to entertain, garden or watch for animals roaming through your wooded 10 acre lot!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Interior Access, Walkout Stairs
  • Total Sq Ft: 6724
  • Living Area Sq Ft: 6362
  • Price Per Sq Ft: 267.67
  • Above Grade Finished Sq Ft: 3362
  • Above Grade Unfinished Sq Ft: 362
  • Below Grade Finished Sq Ft: 3000
  • Total Below Grade Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16400

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SHERWOOD
  • Middle School: WILLIAM H. FARQUHAR
  • High School: JAMES HUBERT BLAKE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 397700.00
  • Land Assessed Value: 699200.00
  • Land Use Code: 011
  • Lot Size Acres: 9.67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 421225.00
  • Year Assessed: 2021
  • Zoning: RNC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13895411
  • Tax Annual Amount: 12689.00
  • Assessor Parcel Number: 160800712662
  • Tax Total Finished Sq Ft: 3362
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 11/30/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 1, 2021
Sold by
Brownley Sr Michael E
Bought by
Sardelis Phillip E
Seller's Agent
David Wagner
RE/MAX Realty Centre, Inc.
Buyer's Agent
Nicole Carrington
Taylor Properties
List Price
$899,900
Sold Price
$905,000
Premium/Discount to List
$5,100
0.57%
Current Estimated Value
$1,134,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,420
Avg. Annual Appreciation
6.03%
Original Mortgage
$724,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Brownley Michael E and Bernice E Brownley Trust
Bought by
Brownley Michael E and Brownley Blanche S

Purchase Details

Closed on
Feb 17, 2004
Sold by
Brownley Bernice E
Bought by
Brownley Bernice E Tr
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sardelis Phillip E $905,000 Atg Title
Brownley Michael E -- None Available
Brownley Bernice E Tr -- --
Brownley Bernice E Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sardelis Phillip E $724,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $905,000 +0.6% $142 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $899,900 -- $141 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,787 $1,341,067 -- --
2024 $14,787 $1,216,733 $0 $0
2023 $14,010 $1,092,400 $699,200 $393,200
2022 $12,069 $1,092,400 $699,200 $393,200
2021 $11,997 $1,092,400 $699,200 $393,200
2020 $12,015 $1,096,900 $699,200 $397,700
2019 $11,990 $1,096,900 $699,200 $397,700
2018 $12,003 $1,096,900 $699,200 $397,700
2017 $12,871 $1,131,400 $0 $0
2016 -- $1,131,400 $0 $0
2015 $10,933 $1,131,400 $0 $0
2014 $10,933 $1,139,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2013982

Bright MLS

APN: 08-00712662