Seller's Agent in 2024
Corey Savelson
Long & Foster
(301) 602-7073
11 in this area
145 Total Sales
Estimated Value: $433,000 - $447,253
3
Beds
2.5
Baths
1,760
Sq Ft
$251/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Jogging Path
- Central Heating and Cooling System
- Olney Elementary School Rated A
About This Home
As of August 2024Loads of potential with this one! Now cleared out and ready with a few tweaks! Great opportunity to purchase a home under market value that needs work and build in your own equity! The price reflects the home's need for updating and some personal touches, but offers a great way to start! Premium lot location nestled at the end of a cul-de-sac street! Magnificent park-like rear yard setting backing to lush wooded area! Nice rear deck! Just steps to the jogging/walking path leading to the highly popular Cherrywood Local Park! Great possibilities with 3 finished levels, 3 bedrooms and a large full bath on the upper level, gorgeous wood floors on the upper level plus hard surface flooring on all 3, and a finished basement with a guest room/den, full bath, and family room! The primary owner's suite has a private dressing vanity and a large walk-in closet! Upgraded Carrier HVAC system and Rheem Performance hot water heater installed just over 2 years ago! Replacement windows installed prior to the current ownership! Terrific schools too with Olney Elementary, Rosa Parks Middle, and Sherwood High! The condo association cuts all your grass too!! Plenty of extra visitor parking! Convenient location just a few minutes to downtown Olney and the ICC!
Last Agent to Sell the Property
(301) 602-7073 csavelson@lnf.com Long & Foster Real Estate, Inc. License #304278 Listed on: 06/26/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,289
Year Built
- Built in 1985
Lot Details
- 6,882
HOA Fees
- $124 Monthly HOA Fees
Home Design
- Colonial Architecture
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Assigned parking located at #60
- Parking Lot
- 1 Assigned Parking Space
Schools
- Olney Elementary School
- Rosa M. Parks Middle School
- Sherwood High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160802480388
Community Details
Overview
- Association fees include common area maintenance, lawn care front, lawn care rear, management, road maintenance, snow removal, trash
- Cherrywood Townhouse Codm Condos
- Cherrywood Subdivision
- Property Manager
Amenities
- Common Area
Recreation
- Jogging Path
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2024
Closed on
Aug 30, 2024
Sold by
Bekele Daniel T and Mengesha Misgana
Bought by
Bond Lyudmila
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
Nicole Miller
Northrop Realty
List Price
$454,500
Sold Price
$436,000
Premium/Discount to List
-$18,500
-4.07%
Views
108
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
$5,063
Avg. Annual Appreciation
0.83%
Original Mortgage
$327,000
Outstanding Balance
$323,502
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$117,561
Purchase Details
Closed on
Oct 19, 2017
Sold by
Bekele Daniel T
Bought by
Bekele Daniel T and Mengesha Misgana
Purchase Details
Listed on
Apr 1, 2016
Closed on
Jun 30, 2016
Sold by
Blackwell Tracey Paige
Bought by
Bekele Daniel T
Seller's Agent
Debra Rogers
EXP Realty, LLC
Buyer's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
List Price
$319,900
Sold Price
$308,000
Premium/Discount to List
-$11,900
-3.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$277,200
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2004
Sold by
Blackwell Tracey P
Bought by
Blackwell Tracey P
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 |
|---|---|---|---|
| Bond Lyudmila | $436,000 | Community Title | |
| Bond Lyudmila | $436,000 | Community Title | |
| Bekele Daniel T | -- | Rgs Title Llc | |
| Bekele Daniel T | $308,000 | Rgs Title Llc | |
| Blackwell Tracey P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bond Lyudmila | $327,000 | |
| Closed | Bond Lyudmila | $327,000 | |
| Previous Owner | Bekele Daniel T | $277,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $436,000 | +0.2% | $248 / Sq Ft | |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- | |
| 07/27/2024 07/27/24 | Price Changed | $435,000 | -2.2% | $247 / Sq Ft | |
| 07/10/2024 07/10/24 | Price Changed | $445,000 | -2.1% | $253 / Sq Ft | |
| 06/26/2024 06/26/24 | For Sale | $454,500 | +47.6% | $258 / Sq Ft | |
| 06/30/2016 06/30/16 | Sold | $308,000 | -3.7% | $171 / Sq Ft | View Prior Sale |
| 05/19/2016 05/19/16 | Pending | -- | -- | -- | |
| 05/11/2016 05/11/16 | For Sale | $319,900 | 0.0% | $178 / Sq Ft | |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- | |
| 04/01/2016 04/01/16 | For Sale | $319,900 | -- | $178 / 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 | $4,482 | $370,000 | $111,000 | $259,000 |
| 2024 | $4,482 | $355,000 | -- | -- |
| 2023 | $4,289 | $340,000 | $0 | $0 |
| 2022 | $2,620 | $325,000 | $97,500 | $227,500 |
| 2021 | $3,770 | $313,333 | $0 | $0 |
| 2020 | $3,618 | $301,667 | $0 | $0 |
| 2019 | $3,476 | $290,000 | $87,000 | $203,000 |
| 2018 | $2,671 | $280,000 | $0 | $0 |
| 2017 | $2,563 | $270,000 | $0 | $0 |
| 2016 | -- | $260,000 | $0 | $0 |
| 2015 | $2,136 | $253,333 | $0 | $0 |
| 2014 | $2,136 | $246,667 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Savelson
-
Nicole Miller
Buyer's Agent in 2024
Nicole Miller
Creig Northrop Team of Long & Foster
(410) 531-0321
1 in this area
33 Total Sales
-
Debra Rogers
Seller's Agent in 2016
Debra Rogers
EXP Realty, LLC
(240) 876-4405
Map
Source: Bright MLS
MLS Number: MDMC2137980
APN: 08-02480388
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