NOT LISTED FOR SALE

17216 Wellfleet Dr Olney, MD 20832

Estimated Value: $849,000 - $883,000

4 Beds
4 Baths
3,692 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $750,000 $203 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,181/month

2 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Private Lot
  • Olney Elementary School Rated A
  • Deck
  • 4-minute walk to Cherrywood Local Park

About This Home

As of December 2021

Masks must be worn indoors. Looking for your dream house in Olney? This exquisite Colonial home has been lovingly cared for and recently renovated in many areas of the home since 2016. Roof, skylight, flagstone walkway and most windows are less than a year old. Natural light filters in through the many double-paned windows and sliding glass door, beautiful blonde hardwood floors run the main level, and custom recess lighting with dimmers give each room a glow of their own. All four bedrooms are generously-sized. Fully finished basement invites activity and enjoyment. Expansive freshly painted deck with benches leaves room for plenty patio furniture. A professionally landscaped .40 acre lot is fenced on 3 sides. Lower level wall-mounted white shelves and chair lift convey. A full list of improvements are stored in the property document file. Cherrywood is close to Olney Town Center with a wide variety of shopping, restaurants, spas, gyms, and local businesses. The uniquely historic Olney Ale House, Olney Grille, and the renovated Olney Theatre with extraordinary performances. Down the road from Roots Market, Sister's Sandwiches & Such, Giant, & Safeway. Convenient to parks, Olney Swim Center, hiking and biking trails, just minutes to the ICC; Rt. 200, Metro's Park & Ride, BWI Airport bus shuttle, and all around easy commuting in any direction.

Last Agent to Sell the Property

Lisa Ben-Shlaush

(301) 728-9990 lisaben26@gmail.com Long & Foster Real Estate, Inc. License #523590 Listed on: 11/26/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kasra Divband

(301) 310-6626 kas.divband@compass.com Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1984 | Remodeled in 2016

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Planted Vegetation
  • Private Lot
  • Cleared Lot
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Palladian Windows
  • Bay Window
  • French Doors
  • Family Room Off Kitchen
  • Garden Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Sump Pump

Home Security

  • Alarm System
  • Fire and Smoke Detector

Accessible Home Design

  • Chairlift

Outdoor Features

  • Deck
  • Porch

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160801787616

Community Details

Overview

  • Association fees include common area maintenance
  • Cherrywood HOA
  • Cherrywood Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,192

Year Built

Built in 1984 | Remodeled in 2016

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • Exclusions: Custom column between the kitchen and family room shall be removed. All absent closet doors will not be installed.
  • Historic: No
  • Inclusions: Staircase lift chair and track, wall-mounted white TV console in the family room, built-in white shelving in basement.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-26
  • Year Built: 1984
  • Year Renovated: 2016
  • Automatically Close On Close Date: Yes
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Solid Hardwood, Partially Carpeted
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Skylight(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Soaking Tub
  • Window Features: Bay/Bow, Palladian, Skylights
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Primary Bedroom, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Heated, Sump Pump, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3692
  • Living Area Sq Ft: 3692
  • Price Per Sq Ft: 298.09
  • Above Grade Finished Sq Ft: 2516
  • Below Grade Finished Sq Ft: 1176
  • Total Below Grade Sq Ft: 1176
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Composite
  • View: Garden/Lawn
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 78.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Picnic Area, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: CHERRYWOOD HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Partially
  • Improvement Assessed Value: 267000.00
  • Land Assessed Value: 269900.00
  • Lot Features: Cleared, Landscaping, Private, Vegetation Planting
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17365.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13936419
  • Tax Annual Amount: 6192.00
  • Assessor Parcel Number: 160801787616
  • Tax Lot: 8
  • Tax Page Number: 246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 27, 2021
Sold by
Bayona Maria and Kern Regina
Bought by
Stagnitto Michael A and Stagnitto Kristina A
Seller's Agent
Lisa Ben-Shlaush
Long & Foster Real Estate, Inc.
Buyer's Agent
Kasra Divband
Keller Williams Capital Properties
List Price
$720,000
Sold Price
$750,000
Premium/Discount to List
$30,000
4.17%
Current Estimated Value
$864,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,359
Avg. Annual Appreciation
3.56%
Original Mortgage
$693,500
Outstanding Balance
$639,147
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$225,212

Purchase Details

Closed on
May 20, 2003
Sold by
Hospital Joseph D & B B
Bought by
Bayona Maria and Bayona Regina Kern
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stagnitto Michael A $750,000 Pinnacle Title & Escrow Inc
Bayona Maria $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stagnitto Michael A $693,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $750,000 +4.2% $203 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $720,000 -- $195 / 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 $8,380 $765,200 $283,400 $481,800
2024 $8,380 $689,100 $0 $0
2023 $6,532 $613,000 $0 $0
2022 $5,640 $536,900 $269,900 $267,000
2021 $5,571 $535,533 $0 $0
2020 $5,531 $534,167 $0 $0
2019 $5,501 $532,800 $269,900 $262,900
2018 $5,503 $532,800 $269,900 $262,900
2017 $5,794 $532,800 $0 $0
2016 -- $537,800 $0 $0
2015 $5,327 $518,267 $0 $0
2014 $5,327 $498,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2020366

Bright MLS

APN: 08-01787616