NOT LISTED FOR SALE

17569 Gatsby Terrace Olney, MD 20832

Estimated Value: $862,000 - $893,000

5 Beds
3.5 Baths
3,534 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $730,000 $207 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,338/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Tennis Courts
  • Sherwood Elementary School Rated A
  • Community Pool
  • Community Center

About This Home

As of October 2021

Captivating Hallowell 5 bedroom colonial with deep front porch charms from the curb! The details make the difference, elegant rustic decorative features throughout are a highlight of this home, starting with an amazing large painted brick fireplace that visually anchors the main level, farm style pantry door, upgraded decorative lighting, ceiling fans & hardware throughout. Gorgeous fully renovated kitchen with stainless steel appliances (Gas range) and quartz countertops is open to the gathering room and also has dining area. Formal Living & Dining room with doors, close off that side of the house for privacy, additional work from home space if desired . 5 true bedrooms on the upper level! Owners bedroom with spacious spa style en suite bathroom & walk in closet. Fully finished basement with two separate fun rec area spaces, wet bar decorative niche & storage cabinets and built in shelving plus a full bathroom! Large deck space to BBQ and enjoy the out doors Super convenient Rt 200 and to all Olney metro bus routes, shopping, restaurants, parks and amenities! OPEN HOUSE SUNDAY 1-3PM!

Last Agent to Sell the Property

Alecia Scott

(301) 252-2177 alecia@soldbyscottteam.com Long & Foster Real Estate, Inc. License #RS-0039610 Listed on: 08/25/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Victor Llewellyn

(301) 807-4575 victorllewellyn56@gmail.com Long & Foster Real Estate, Inc. License #63983

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,323

Year Built

  • Built in 1988

Lot Details

  • 0.27 Acre Lot
  • Southeast Facing Home
  • Property is in excellent condition
  • Property is zoned RE2

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Six Panel Doors
  • Dining Area
  • Attic Fan

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Sump Pump

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

  • Home warranty included in the sale of the property
  • Tax Lot 10
  • Assessor Parcel Number 160802630777

Community Details

Overview

  • Association fees include pool(s), recreation facility, snow removal, common area maintenance, trash
  • Hallowell HOA
  • Hallowell Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,323

Year Built

Built in 1988

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-08-26
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Freezer
  • Flooring Type: Carpet, Hardwood, Laminate Plank
  • Interior Amenities: Kitchen - Country, Dining Area, Window Treatments, Primary Bath(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Equipment, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Fully Finished
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 3534
  • Living Area Sq Ft: 3534
  • Price Per Sq Ft: 303.48
  • Above Grade Finished Sq Ft: 2356
  • Below Grade Finished Sq Ft: 1178
  • Total Below Grade Sq Ft: 1178
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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: Aluminum Siding, Brick Front
  • Roof: Asphalt
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • 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: Attic Fan, Central A/C, Ceiling Fan(s)
  • 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: 83.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Common Grounds, Community Center
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Snow Removal, Common Area Maintenance, Trash
  • HOA Name: HALLOWELL
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 300500.00
  • Land Assessed Value: 265200.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11816.00
  • Property Condition: Excellent
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13887078
  • Tax Annual Amount: 6323.00
  • Assessor Parcel Number: 160802630777
  • Tax Lot: 10
  • Tax Page Number: 267
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 5, 2021
Sold by
Mckenna Kevin M and Mckenna Robertta G
Bought by
Jones Kenneth Craig and Lowinger Shira Bree
Seller's Agent
Alecia Scott
Long & Foster Real Estate, Inc.
Buyer's Agent
Victor Llewellyn
Long & Foster Real Estate, Inc.
List Price
$715,000
Sold Price
$730,000
Premium/Discount to List
$15,000
2.1%
Current Estimated Value
$875,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,620
Avg. Annual Appreciation
4.38%
Original Mortgage
$657,000
Outstanding Balance
$599,123
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,926

Purchase Details

Closed on
May 16, 2005
Sold by
Keem Lyhn C and Keem K H
Bought by
Mckenna Kevin M and Mckenna Robertta G
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
Jones Kenneth Craig $730,000 Rgs Title Llc
Mckenna Kevin M $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Kenneth Craig $657,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $730,000 +2.1% $207 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $715,000 -- $202 / 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 $7,794 $710,567 -- --
2024 $7,794 $638,133 $0 $0
2023 $7,629 $565,700 $265,200 $300,500
2022 $5,957 $565,633 $0 $0
2021 $6,594 $565,567 $0 $0
2020 $5,877 $565,500 $265,200 $300,300
2019 $5,632 $544,700 $0 $0
2018 $5,405 $523,900 $0 $0
2017 $5,329 $503,100 $0 $0
2016 -- $497,400 $0 $0
2015 $5,391 $491,700 $0 $0
2014 $5,391 $486,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2011498

Bright MLS

APN: 08-02630777