NOT LISTED FOR SALE

17609 Gatsby Terrace Olney, MD 20832

Estimated Value: $882,753 - $948,000

4 Beds
3.5 Baths
3,678 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $715,000 $194 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,493/month

4 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Colonial Architecture
  • Sherwood Elementary School Rated A
  • Open Floorplan
  • Community Lake

About This Home

As of January 2021

Bright and cheery 4 bedroom 3 1/2 bath, brick-front colonial with attached two car garage, in the sought after neighborhood of Hallowell. This home has been beautifully updated throughout, nothing to do but move in and enjoy! Perfectly situated on a cul-de-sac that backs to a large, open, public green space (that you don't need to mow) allows this home's generous 1/4 acre lot to feel even bigger, while conveniently giving you direct access to the beautiful walking trails of Hallowell. Easily stroll or bike around the development, and enjoy the outdoors, including two lakes, the community pool, tennis/pickleball courts, basketball court, play ground/tot lots, community "on-site" daycare center and plenty of open space. The trails also conveniently lead to Southeast Olney park, which has basketball courts, soccer fields, and a large playground, and is just a few minutes away. The first floor has a super friendly circular floor plan giving everyone plenty of space for hanging out, relaxing, working and entertaining. This main level is bright and spacious and features hardwood floors, a welcoming foyer, wrapped stairs, formal living room, separate dining room, a large family room with gas fireplace, gourmet eat-in kitchen with granite counters and updated stainless appliances, separate breakfast room, AND a sunny playroom/bonus space, complete with skylights and vaulted ceiling, and giving you direct access to the spacious outdoor stamped concrete patio (2019), gardens, and fully fenced backyard (2014). Head upstairs and you'll find a substantial true owner's suite, complete with walk in closet, unbelievable spa bathroom (renovated in 2015) which includes marble tile and vanity, dual sinks, a gorgeous dual head walk-in tile and marble shower, as well as a stand-alone soaking tub. The suite also includes a private sitting area along with a sweet Juliette Balcony overlooking the immaculate back yard and expansive green space. The second floor also features 3 more generous bedrooms (one which currently serves as a full time office) and a completely renovated second full bath (2020). Head downstairs to the lower level and you'll find an additional large family room with a built-in bar, a separate laundry room, and additional full bathroom, as well as a large storage area. The attached two car garage and full driveway offer plenty of parking, and the cul-de-sac boasts an additional bonus parking area! This home also features a new architectural shingle roof, gutters and gutter covers (2019) as well as a new two-stage gas forced air furnace, air conditioner, humidifier and air cleaner (2019). Everything has been done for you. Don't miss out on seeing this lovely home. Open Sunday 2-4.

Last Agent to Sell the Property

Angela Wilson

(202) 421-6518 angela@angelawilson4homes.com Samson Properties License #0225219202 Listed on: 01/08/2021

Samson Properties

Last Buyer's Agent

George Papakostas

(202) 997-2515 GeorgeP@LNF.com Long & Foster Real Estate, Inc. License #577497

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,215

Year Built

  • Built in 1988

Lot Details

  • 10,407 Sq Ft Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Split Rail Fence
  • Wood Fence
  • Wire Fence
  • Extensive Hardscape
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back Yard Fenced, Front and Side Yard
  • Property is in very good condition
  • Property is zoned R90

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Flood Lights
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Double Oven
  • Range Hood
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer
  • Laundry Chute

Improved Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Exterior Lighting
  • Playground
  • Play Equipment

Location

  • Suburban Location

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 13
  • Assessor Parcel Number 160802630802

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, management, trash
  • Hallowell HOA, Phone Number (301) 840-1800
  • Hallowell Subdivision
  • Community Lake

Amenities

  • Day Care Facility
  • Common Area
  • Community Center

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,215

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, Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-01-08
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Water Heater, Range Hood, Built-In Microwave, Dryer, Dryer - Front Loading, Exhaust Fan, Oven - Double, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic, Bar, Breakfast Area, Built-Ins, Carpet, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Laundry Chute, Pantry, Recessed Lighting, Tub Shower, Walk-In Closet(s), Wood Floors, Wet/Dry Bar
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall, High, Vaulted Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Heated, Improved, Interior Access, Windows
  • Laundry Type: Lower Floor, Basement
  • Total Sq Ft: 3678
  • Living Area Sq Ft: 3678
  • Price Per Sq Ft: 272.07
  • Above Grade Finished Sq Ft: 2628
  • Below Grade Finished Sq Ft: 1050
  • Total Below Grade Sq Ft: 1050
  • 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, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Play Area, Play Equipment, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • View: Trees/Woods, Garden/Lawn
  • 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: Additional Storage Area, Built In, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 213.26
  • 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: 83.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Jog/Walk Path, Lake, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Common Grounds, Day Care
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Management, Trash
  • HOA Name: HALLOWELL
  • HOA Phone: 301-840-1800
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary 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

  • Fencing: Partially, Rear, Split Rail, Wire, Wood
  • Improvement Assessed Value: 294700.00
  • Land Assessed Value: 260700.00
  • Lot Features: Backs - Open Common Area, Backs To Trees, Cul-De-Sac, Front Yard, Private, Rear Yard, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10407.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887079
  • Tax Annual Amount: 6215.00
  • Assessor Parcel Number: 160802630802
  • Tax Lot: 13
  • 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
Jan 8, 2021
Closed on
Jan 22, 2021
Sold by
Wack Christopher M and Wack Jessica Barnes
Bought by
Jasper Robert Evan and Berman Jennie Sarah
Seller's Agent
Angela Wilson
Samson Properties
Buyer's Agent
George Papakostas
Long & Foster Real Estate, Inc.
List Price
$665,000
Sold Price
$715,000
Premium/Discount to List
$50,000
7.52%
Current Estimated Value
$904,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,438
Avg. Annual Appreciation
4.94%
Original Mortgage
$572,000
Outstanding Balance
$509,520
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$394,918

Purchase Details

Closed on
Aug 26, 2013
Sold by
Wack Christopher M and Boston Jessica B
Bought by
Wack Christopher M and Wack Jessica Barnes Boston

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 23, 2012
Sold by
Kelley Ii Augustine B and Kelley Ann M
Bought by
Wack Christopher M and Boston Jessica B
Seller's Agent
James Morrison
Maryland Advantage Real Estate
Buyer's Agent
Karen Parnes
Your Way Realty LLC
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$452,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1988
Bought by
Kelley Augustine B 2Nd & A M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jasper Robert Evan $715,000 Gpn Title Inc
Wack Christopher M -- Gpn Title Inc
Wack Christopher M $565,000 Old Republic National Title
Kelley Augustine B 2Nd & A M $210,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jasper Robert Evan $572,000
Previous Owner Wack Christopher M $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $715,000 +7.5% $194 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $665,000 +17.7% $181 / Sq Ft
10/24/2012 10/24/12 Sold $565,000 -3.4% $215 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Pending -- -- --
09/04/2012 09/04/12 Price Changed $585,000 -1.7% $223 / Sq Ft
07/26/2012 07/26/12 For Sale $595,000 -- $226 / 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 $7,820 $725,267 -- --
2024 $7,820 $640,433 $0 $0
2023 $6,129 $555,600 $260,700 $294,900
2022 $5,846 $555,533 $0 $0
2021 $11,636 $555,467 $0 $0
2020 $5,766 $555,400 $260,700 $294,700
2019 $5,524 $534,867 $0 $0
2018 $5,682 $514,333 $0 $0
2017 $5,221 $493,800 $0 $0
2016 -- $488,033 $0 $0
2015 $5,342 $482,267 $0 $0
2014 $5,342 $476,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC739658

Bright MLS

APN: 08-02630802