NOT LISTED FOR SALE

16420 Cross Timber Terrace Olney, MD 20832

Estimated Value: $940,906 - $1,097,000

5 Beds
2.5 Baths
3,980 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $640,000 $161 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,086/month

Highlights

  • 2.25 Acre Lot
  • Colonial Architecture
  • Wooded Lot
  • Sherwood Elementary School Rated A
  • Private Lot
  • Traditional Floor Plan

About This Home

As of December 2013

Make your way back into this lovely community & find an elegant colonial on 2 acres surrounded by lush lawns & trees. This home features 5 bedrooms & 2.5 bathrooms, including a spacious owner s suite w/a private dressing rm, oversized closet, & full bath. The main lvl boasts an open flr plan where the sun-soaked liv rm, formal din rm, & fam rm are open to each other & look out the rear yard.

Last Agent to Sell the Property

Eric Stewart

(301) 252-1697 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 05/16/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

BJ Matson

(301) 881-8900 bj@bjmatson.com Taylor Properties License #636758

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 1980

Lot Details

  • 2.25 Acre Lot
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Anscroft Subdivision, Gorgeous Floorplan

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160801899782

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,813

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Remarks Public: Make your way back into this lovely community & find an elegant colonial on 2 acres surrounded by lush lawns & trees. This home features 5 bedrooms & 2.5 bathrooms, including a spacious owner s suite w/a private dressing rm, oversized closet, & full bath. The main lvl boasts an open flr plan where the sun-soaked liv rm, formal din rm, & fam rm are open to each other & look out the rear yard.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Refrigerator, Stove
  • Interior Amenities: Kitchen - Table Space, Kitchen - Eat-In, Chair Railings, Crown Moldings, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Dry Wall, Paneled Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4350
  • Living Area Sq Ft: 3980
  • Price Per Sq Ft: 204.37
  • Above Grade Finished Sq Ft: 3180
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 370
  • Total Below Grade Sq Ft: 1170
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16420

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Brick Front
  • Construction Completed: No
  • Roof: Asphalt
  • 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
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 346600.00
  • Land Assessed Value: 321300.00
  • Lot Features: Backs To Trees, Landscaping, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 2.25
  • Lot Size Area: 98010
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98010.00
  • Property Condition: Very Good
  • Year Assessed: 2013

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13884772
  • Tax Annual Amount: 7813.44
  • Assessor Parcel Number: 160801899782
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3180
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Dec 30, 2013
Sold by
Henneberger Barbara L
Bought by
Griffioen Willem and Griffioen Kathleen
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
BJ Matson
Taylor Properties
List Price
$649,888
Sold Price
$640,000
Premium/Discount to List
-$9,888
-1.52%
Current Estimated Value
$1,016,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,227
Avg. Annual Appreciation
4.00%
Original Mortgage
$520,960
Outstanding Balance
$391,782
Interest Rate
4.29%
Mortgage Type
FHA
Estimated Equity
$624,445
Source: Public Records

Range of Values:

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Average Value
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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
Griffioen Willem $640,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffioen Willem $520,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $640,000 -1.5% $161 / Sq Ft
12/12/2013 12/12/13 For Sale $649,888 +1.5% $163 / Sq Ft
12/12/2013 12/12/13 Off Market $640,000 -- --
12/11/2013 12/11/13 For Sale $649,888 0.0% $163 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/29/2013 10/29/13 Pending -- -- --
06/06/2013 06/06/13 Price Changed $649,888 -6.9% $163 / Sq Ft
05/16/2013 05/16/13 For Sale $698,000 -- $175 / 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 $8,371 $702,367 -- --
2024 $8,371 $671,233 $0 $0
2023 $7,289 $640,100 $352,900 $287,200
2022 $5,061 $627,967 $0 $0
2021 $7,233 $615,833 $0 $0
2020 $6,466 $603,700 $352,900 $250,800
2019 $6,447 $603,700 $352,900 $250,800
2018 $6,451 $603,700 $352,900 $250,800
2017 $6,759 $608,200 $0 $0
2016 -- $608,200 $0 $0
2015 $6,696 $608,200 $0 $0
2014 $6,696 $667,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003518758

Bright MLS

APN: 08-01899782