Seller's Agent in 2021
Deanna Rippeon
Charis Realty Group
(240) 409-6473
1 in this area
143 Total Sales
Estimated Value: $1,349,000 - $1,743,000
6
Beds
4.5
Baths
6,771
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Horse Facilities
- In Ground Pool
- Sherwood Elementary School Rated A
- Stables
- Commercial Range
About This Home
As of May 2021CHECK OUT THIS Infamous and historic thoroughbred breeding farm gracing the market! This farm is reminiscent of class, award winning history, distinction and the good life. Located in the center heart of Old Olney, Welcome to over 24 stalls, RAMM flexible fence, run in sheds, barns, 3 residences, 2 circular driveways, a half mile gallop track, pasture and paddocks, 4 separate electric meters, poolhouse and more. The main house features 6+ bedrooms with an elevator and a friendly rambling floorplan. The large kitchen with fireplace and high end stainless appliances is open to the family room, the foyer and the laundry and is steps away from the elevator and offices. There is a main floor ensuite owner's retreat with walk in closets and private patio . The private efficiency apartment makes for great au pair/barn manager space. An incredible character filled 4 bedroom, 4 full bathroom, 4 separate entrance, carriage house is located across from the 1st circle driveway and just beyond one of the larger barns. This is an incredibly RARE farm opportunity in Olney, on million dollar row, in Trotter's Glen neighborhood. The houses on MUCH smaller lots sell for 1.5 - 2 million regularly. There is so much to offer in this outstanding listing. It needs an energized new owner with vision to renovate and bring this special property back to life. This gorgeous property is being sold "as is, where is" by the Trustee of an Estate.
Last Agent to Sell the Property
(240) 409-6473 deannaSELLSproperty@gmail.com Charis Realty Group Listed on: 03/04/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,690
Year Built
- Built in 1962
Lot Details
- 15.52 Acre Lot
- Vinyl Fence
- Property is zoned RNC
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Frame Construction
- Shake Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 6,771 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Electric Dryer
Kitchen
- Commercial Range
- Six Burner Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
Parking
- Circular Driveway
- Off-Street Parking
Pool
- In Ground Pool
- Pool Equipment Shed
Farming
- Center Aisle Barn
- Feed Barn
- Hay Barn
- Loafing Shed
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Run-In Shed
- Stables
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Tankless Water Heater
- Propane Water Heater
- Septic Tank
- Community Sewer or Septic
Additional Features
- Accessible Elevator Installed
- Gazebo
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 58
- Assessor Parcel Number 160800716591
Community Details
Overview
- No Home Owners Association
- Trotters Glen Subdivision
Recreation
- Horse Facilities
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2021
Closed on
May 3, 2021
Sold by
Keefe Timothy L and Helen M Polinger Revocable Tru
Bought by
Shemtov Hananya and Shemtov Risa
Seller's Agent
Deanna Rippeon
Charis Realty Group
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,297
Avg. Annual Appreciation
4.75%
Original Mortgage
$822,000
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2015
Sold by
Polinger Helen Myers
Bought by
Polinger Helen Myers and Helen M Polinger Revocable Tru
Purchase Details
Closed on
Sep 5, 2014
Sold by
Polinger Helen Myers
Bought by
Toll Md Xi Limited Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,609,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shemtov Hananya | $1,250,000 | Covenant Title & Escrow Llc | |
| Polinger Helen Myers | -- | None Available | |
| Toll Md Xi Limited Partnership | $13,384,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shemtov Hananya | $822,000 | |
| Previous Owner | Shemtov Hananya | $178,000 | |
| Previous Owner | Toll Md Xi Limited Partnership | $5,609,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $1,250,000 | -16.6% | $185 / Sq Ft |
| 04/03/2021 04/03/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $1,499,000 | -- | $221 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,992 | $1,048,600 | -- | -- |
| 2024 | $11,992 | $985,800 | $0 | $0 |
| 2023 | $10,548 | $923,000 | $495,800 | $427,200 |
| 2022 | $10,081 | $923,000 | $495,800 | $427,200 |
| 2021 | $20,032 | $923,000 | $495,800 | $427,200 |
| 2020 | $19,997 | $925,800 | $495,800 | $430,000 |
| 2019 | $9,999 | $925,800 | $495,800 | $430,000 |
| 2018 | $10,227 | $925,800 | $495,800 | $430,000 |
| 2017 | $11,409 | $962,400 | $0 | $0 |
| 2016 | -- | $1,029,000 | $0 | $0 |
| 2015 | $15,474 | $1,358,400 | $0 | $0 |
| 2014 | $15,474 | $1,358,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Deanna Rippeon
-
Trish Mills
Seller Co-Listing Agent in 2021
Trish Mills
Charis Realty Group
(301) 748-0434
1 in this area
396 Total Sales
-
Nurit Coombe
Buyer's Agent in 2021
Nurit Coombe
The Agency DC
(202) 318-3428
14 in this area
733 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC743708
APN: 08-00716591
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