NOT LISTED FOR SALE

17516 Gatsby Terrace Olney, MD 20832

Estimated Value: $811,000 - $925,000

4 Beds
3.5 Baths
2,431 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $790,000 $325 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,235/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Recreation Room
  • Sherwood Elementary School Rated A
  • Deck
  • Two Story Ceilings

About This Home

As of July 2022

Beautifully Updated Brick-front Colonial with great curb appeal in sought-after Hallowell that you will be proud to call your home! Sited on a lovely lot on a quiet cul-de-sac, this home features a welcoming 2 story entry foyer, gleaming hardwood floors, and Exquisitely Updated Kitchen that flows into the family room (w/ a wood burning fireplace). The upstairs features 4 Bedrooms, 2 Completely Renovated Bathrooms and convenient Laundry Room! The full finished lower level has Great Space for family time and entertaining... large Recreation Room, Full Bath and tons of storage! Some of the other features include a beautiful backyard with deck, partial fencing and a large 2 car garage. These original owners have cared-for and kept this home in tip-top shape and everything has been updated! You’ll love the community that offers a swimming pool, tennis court and tot lots throughout the area.... the house is just a stone’s throw from these amenities. Great Home, Great Community, Great Schools!

Last Agent to Sell the Property

Susan Ellis

(301) 367-9032 susanellishomes@gmail.com RE/MAX Realty Centre, Inc. License #504124 Listed on: 06/15/2022

RE/MAX Realty Centre, Inc.

Co-Listed By

Tracy Onslow

(410) 829-2219 tonslow@gmail.com RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Brooke Romm

(410) 715-3260 brooke@sromm.com RE/MAX Realty Group License #659442

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,099

Year Built

  • Built in 1988

Lot Details

  • 10,124 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in excellent condition
  • Property is zoned RE2

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Two Story Ceilings
  • 1 Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • James Hubert Blake High School

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 160802630607

Community Details

Overview

  • Association fees include trash, pool(s), management
  • Hallowell Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,099

Year Built

Built in 1988

Lot Details

0

HOA Fees

$85 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
  • Expected On Market: 2022-06-16
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Refrigerator, Washer
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Wall Ceiling Types: 2 Story Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Foyer, Exercise Room, Laundry, Recreation Room, Bonus Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3299
  • Living Area Sq Ft: 2431
  • Price Per Sq Ft: 318.80
  • Above Grade Finished Sq Ft: 2431
  • Below Grade Sq Ft: 868
  • Total Below Grade Sq Ft: 868
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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: Brick Front
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 84.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Pool(s), Management
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 261000.00
  • Land Assessed Value: 259800.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10124.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887068
  • Tax Annual Amount: 6099.00
  • Assessor Parcel Number: 160802630607
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 22, 2022
Sold by
Matusek Joseph R
Bought by
Glass Benjamin Michael and Glass Meghan Worsley
Seller's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Brooke Romm
RE/MAX Realty Group
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%
Current Estimated Value
$861,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,928
Avg. Annual Appreciation
2.61%
Original Mortgage
$730,000
Outstanding Balance
$698,646
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$163,282

Purchase Details

Closed on
Oct 1, 1987
Bought by
Matusek Joseph R and L C
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
Glass Benjamin Michael $790,000 Strothman Doreen A
Matusek Joseph R $184,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glass Benjamin Michael $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $790,000 +1.9% $325 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $775,000 -- $319 / 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 $7,388 $684,933 -- --
2024 $7,388 $602,867 $0 $0
2023 $7,112 $520,800 $259,800 $261,000
2022 $5,462 $520,733 $0 $0
2021 $5,407 $520,667 $0 $0
2020 $5,382 $520,600 $259,800 $260,800
2019 $5,167 $502,567 $0 $0
2018 $4,970 $484,533 $0 $0
2017 $4,906 $466,500 $0 $0
2016 -- $460,600 $0 $0
2015 $5,144 $454,700 $0 $0
2014 $5,144 $448,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2055258

Bright MLS

APN: 08-02630607