Seller's Agent in 2023
Michael Ray
Sunshine Properties Inc.
(301) 980-8155
20 in this area
62 Total Sales
Estimated Value: $780,000 - $853,000
4
Beds
3.5
Baths
3,040
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Recreation Room
- Olney Elementary School Rated A
- Premium Lot
- Traditional Floor Plan
About This Home
As of May 2023Brick front Prime Cherrywood Colonial Priced Perfect!!This fine home offers 4 generous bedrooms up with a very nice primary suite with updated primary bath. Looks Fantastic!! There is a Brick walkway ,porch , and portico leading into the house. Replacement windows, newer kitchen appliances, new shutters , new doors to screened porch , and new gutters have been added. The table space kitchen is updated with silestone counters , upgraded kit cabs , and backsplash. Very Pretty!!.There are wood floors on the main level. The super comfortable family room is off the upgraded kitchen and has a gas fireplace. . Directly off the family room is a very nice screen porch with ceiling fan and custom deck!!..This home has very nice trim package with chair rail and crown molding. The lower level is a finished walk out basement with rec room with wet bar. There is also an office or possible 5th bedroom down. You can walk out to a slate patio from the lower level. Fantastic location minutes to Olney Town Center ,Parks, Restaurants/Bars, Shopping , and Major Transportation. Don't miss this outstanding opportunity!
Last Agent to Sell the Property
(301) 980-8155 michaelray@sunpropinc.com Sunshine Properties Inc. Listed on: 04/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,073
Year Built
- Built in 1985
Lot Details
- 0.31 Acre Lot
- Back Yard Fenced
- Landscaped
- Premium Lot
- Level Lot
- Property is in excellent condition
- Property is zoned R200
HOA Fees
- $7 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Double Pane Windows
- Window Treatments
- Insulated Doors
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Screened Porch
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Built-In Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Exterior Basement Entry
Outdoor Features
- Deck
- Screened Patio
- Exterior Lighting
Schools
- Olney Elementary School
- Rosa M. Parks Middle School
- Sherwood High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- Association fees include common area maintenance
- Cherrywood Subdivision
- Property Manager
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 160801786895
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2023
Closed on
May 25, 2023
Sold by
Derry James T
Bought by
Xu Jingyou
Seller's Agent
Michael Ray
Sunshine Properties Inc.
Buyer's Agent
Kelly Zhang
Signature Home Realty LLC
List Price
$720,000
Sold Price
$750,000
Premium/Discount to List
$30,000
4.17%
Views
11
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
$60,460
Avg. Annual Appreciation
3.10%
Original Mortgage
$550,000
Outstanding Balance
$534,369
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$276,091
Purchase Details
Closed on
May 19, 2014
Sold by
Derry James T and Derry Cheli Y
Bought by
Derry James T and Derry Cheli Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Xu Jingyou | $750,000 | First American Title | |
| Derry James T | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Jingyou | $550,000 | |
| Previous Owner | Derry James T | $390,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2023 05/25/23 | Sold | $750,000 | +4.2% | $247 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | For Sale | $720,000 | -- | $237 / 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 | $7,471 | $658,400 | $272,100 | $386,300 |
| 2024 | $7,471 | $610,067 | $0 | $0 |
| 2023 | $7,584 | $561,733 | $0 | $0 |
| 2022 | $5,381 | $513,400 | $259,100 | $254,300 |
| 2021 | $5,274 | $512,100 | $0 | $0 |
| 2020 | $5,274 | $510,800 | $0 | $0 |
| 2019 | $5,244 | $509,500 | $259,100 | $250,400 |
| 2018 | $5,246 | $509,500 | $259,100 | $250,400 |
| 2017 | $5,349 | $509,500 | $0 | $0 |
| 2016 | -- | $514,200 | $0 | $0 |
| 2015 | $4,999 | $493,733 | $0 | $0 |
| 2014 | $4,999 | $473,267 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ray
-
Helen Ray
Seller Co-Listing Agent in 2023
Helen Ray
Sunshine Properties Inc.
(240) 672-2720
20 in this area
48 Total Sales
-
Kelly Zhang
Buyer's Agent in 2023
Kelly Zhang
Signature Home Realty LLC
(301) 919-8291
3 in this area
113 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2087742
APN: 08-01786895
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