NOT LISTED FOR SALE

17404 Cherokee Ln Olney, MD 20832

Estimated Value: $777,000 - $821,000

3 Beds
3.5 Baths
2,643 Sq Ft
$301/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $580,000 $219 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,849/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Olney Elementary School Rated A
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of April 2020

Fantastic opportunity! Mint condition home loaded with updates and upgrades. 3 BR, 3.5 BA with soaring ceilings in living room and family room off kitchen. Recently added features include new fence and Samsung washer/dryer in 2016, Lenox gas furnace, air conditioner and a new side by side LG refrigerator in 2017, recreation room was expanded and updated in 2018 plus all new windows in 2019. Fresh paint and neutral colors round out this perfectly maintained home! The huge almost half acre lot is enhanced by a screened porch addition, large play area with fire pit and a separate gazebo. You'll enjoy the good life in Olney - convenient to the Inter County Connector, schools, fine dining and shopping and beautiful parks.

Last Agent to Sell the Property

Elizabeth Foster

(301) 461-0535 BuffyFosterSellsHomes@gmail.com RLAH @properties License #SP40000419 Listed on: 03/12/2020

RLAH @properties

Last Buyer's Agent

Fred Nguyen

(301) 331-9989 frederick.nguyen@exprealty.com Real Broker, LLC License #0225246639

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1986

Lot Details

  • 0.42 Acre Lot
  • Privacy Fence
  • Board Fence
  • Level Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Double Hung Windows
  • Window Screens
  • Six Panel Doors
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Playground
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities

Community Details

  • Cherrywood Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160801786918

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,106

Year Built

Built in 1986

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher, Built-In Microwave, Disposal, Washer, Dryer
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Walk-In Closet(s), Window Treatments, Wood Floors, Carpet
  • Window Features: Double Hung, Double Pane, Replacement, Screens, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Sump Pump, Windows, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3246
  • Living Area Sq Ft: 2643
  • Price Per Sq Ft: 278.78
  • Above Grade Finished Sq Ft: 2041
  • Below Grade Finished Sq Ft: 602
  • Below Grade Sq Ft: 603
  • Total Below Grade Sq Ft: 1205
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s), Play Area
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • 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: Central A/C, Ceiling Fan(s), Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 76.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Privacy, Board
  • Improvement Assessed Value: 274000.00
  • Land Assessed Value: 272600.00
  • Lot Features: Rear Yard, Level
  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18353.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: R200
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13884279
  • Tax Annual Amount: 6106.00
  • Assessor Parcel Number: 160801786918
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 10, 2020
Sold by
Hofmann Brandon M and Hofmann Kelly P
Bought by
Duong Duc Huu and Nguyen Katie
Seller's Agent
Elizabeth Foster
RLAH @properties
Buyer's Agent
Fred Nguyen
Real Broker, LLC
List Price
$569,000
Sold Price
$580,000
Premium/Discount to List
$11,000
1.93%
Current Estimated Value
$795,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,105
Avg. Annual Appreciation
5.73%
Original Mortgage
$406,000
Outstanding Balance
$358,294
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$436,811

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 25, 2016
Sold by
Scheirer Sherwood Robin and Scheirer Katherine B
Bought by
Hofmann Brandon M and Hofmann Kelly P
Seller's Agent
Lindsay Chapman
Keller Williams Capital Properties
Buyer's Agent
Elizabeth Foster
RLAH @properties
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$498,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1989
Bought by
Scheirer Sherwood R and K B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duong Duc Huu $580,000 None Available
Hofmann Brandon M $525,000 Westcor Land Title Ins Co
Scheirer Sherwood R $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Duc Huu $406,000
Previous Owner Hofmann Brandon M $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2020 04/10/20 Sold $580,000 +1.9% $219 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $569,000 +8.4% $215 / Sq Ft
05/25/2016 05/25/16 Sold $525,000 -0.8% $257 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
04/14/2016 04/14/16 Price Changed $529,500 -1.9% $259 / Sq Ft
03/29/2016 03/29/16 For Sale $539,900 -- $265 / 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 $7,936 $702,500 $286,300 $416,200
2024 $7,936 $650,533 $0 $0
2023 $4,124 $598,567 $0 $0
2022 $5,747 $546,600 $272,600 $274,000
2021 $5,613 $539,400 $0 $0
2020 $5,510 $532,200 $0 $0
2019 $5,415 $525,000 $272,600 $252,400
2018 $5,365 $520,300 $0 $0
2017 $5,484 $515,600 $0 $0
2016 -- $510,900 $0 $0
2015 $5,251 $499,533 $0 $0
2014 $5,251 $488,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC699670

Bright MLS

APN: 08-01786918