NOT LISTED FOR SALE

17700 Chipping Ct Olney, MD 20832

Estimated Value: $498,000 - $548,000

3 Beds
2 Baths
1,628 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $362,000 $222 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,256/month

119 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Country Kitchen
  • Sherwood Elementary School Rated A
  • 1 Fireplace
  • Living Room

About This Home

As of June 2017

Motivated seller. Beautiful end unit with 3 bedrooms, 2.5 baths. Part hardwood on main and upper level, fenced back yard. Located in Hallowell subdivision.

Last Agent to Sell the Property

Patrick Gomes

(301) 996-9034 hipatrickg@hotmail.com Samson Properties License #596006 Listed on: 01/12/2017

Samson Properties

Last Buyer's Agent

Luis Ponce

(301) 758-5607 fon338@gmail.com Smart Realty, LLC

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1988

Lot Details

  • 2,610 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Hallowell Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 160802735595

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,763

Year Built

Built in 1988

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1988
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Country, Dining Area, Primary Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 148700.00
  • Land Assessed Value: 144000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2610
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2610.00
  • Property Attached Yn: Yes
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937871
  • Tax Annual Amount: 3763.36
  • Assessor Parcel Number: 160802735595
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jun 16, 2017
Sold by
Gomes Francis C and Gomes Lucy S
Bought by
Barba Gonzalo and Barba Marcela Edith
Seller's Agent
Patrick Gomes
Samson Properties
Buyer's Agent
Luis Ponce
Smart Realty, LLC
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%
Current Estimated Value
$520,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,786
Avg. Annual Appreciation
4.38%
Original Mortgage
$355,443
Outstanding Balance
$291,982
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$228,804

Purchase Details

Closed on
Feb 27, 2007
Sold by
Heinbuch David V
Bought by
Gomes Francis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,250
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 2, 2007
Sold by
Heinbuch David V
Bought by
Gomes Francis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,250
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 21, 2001
Sold by
Heinbuch David V
Bought by
Heinbuch David V and Schill Heinbuch Randi E

Purchase Details

Closed on
May 4, 2000
Sold by
Nelson Jerry L and Nelson P A
Bought by
Heinbuch David V
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
Barba Gonzalo $362,000 Kensington Ralty Title Llc
Gomes Francis C $385,000 --
Gomes Francis C $385,000 --
Heinbuch David V -- --
Heinbuch David V $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba Gonzalo $355,443
Previous Owner Gomes Francis C $19,250
Previous Owner Gomes Francis C $308,000
Previous Owner Gomes Francis C $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $362,000 -2.2% $222 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/05/2017 05/05/17 Price Changed $370,000 -1.3% $227 / Sq Ft
04/15/2017 04/15/17 For Sale $375,000 +3.6% $230 / Sq Ft
04/13/2017 04/13/17 Off Market $362,000 -- --
04/12/2017 04/12/17 Price Changed $375,000 -1.3% $230 / Sq Ft
02/14/2017 02/14/17 Price Changed $380,000 -2.6% $233 / Sq Ft
01/12/2017 01/12/17 For Sale $390,000 -- $240 / 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 $4,948 $422,600 -- --
2024 $4,948 $398,900 $0 $0
2023 $5,350 $375,200 $158,400 $216,800
2022 $3,659 $364,567 $0 $0
2021 $3,354 $353,933 $0 $0
2020 $3,354 $343,300 $158,400 $184,900
2019 $3,232 $333,400 $0 $0
2018 $3,121 $323,500 $0 $0
2017 $3,075 $313,600 $0 $0
2016 $3,508 $306,633 $0 $0
2015 $3,508 $299,667 $0 $0
2014 $3,508 $292,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002480743

Bright MLS

APN: 08-02735595