NOT LISTED FOR SALE

18016 Archwood Way Olney, MD 20832

Estimated Value: $706,000 - $739,000

4 Beds
2.5 Baths
2,045 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $500,000 $244 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,417/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Den
  • Cashell Elementary School Rated A
  • No HOA
  • Porch

About This Home

As of April 2019

Lovely home in Olney Acres with 4 BRs on 2nd level, 2 full baths up - master renovated. another half bath on main. 4 level split - Sold before going live on MLS

Last Agent to Sell the Property

Cara Pearlman

(202) 641-3008 cara@dcsuburbhomes.com Compass License #225180603 Listed on: 04/18/2019

Compass

Last Buyer's Agent

Gregory Hangemanole

(301) 526-0393 gregory.hangemanole@longandfoster.com Long & Foster Real Estate, Inc. License #0225214175

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,045 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Storm Doors
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olney Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160800725163

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,890

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Parking included in list price, parking included in sale price.
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1971
  • Remarks Public: Lovely home in Olney Acres with 4 BRs on 2nd level, 2 full baths up - master renovated. another half bath on main. 4 level split - Sold before going live on MLS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Oven - Self Cleaning, Refrigerator, Washer, Washer/Dryer Hookups Only
  • Interior Amenities: Dining Area, Kitchen - Table Space, Primary Bath(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Basement, Foyer, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2045
  • Living Area Sq Ft: 2045
  • Price Per Sq Ft: 244.50
  • Above Grade Finished Sq Ft: 2045
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18016

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Vinyl Siding
  • Roof: Asphalt, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully, Rear
  • Improvement Assessed Value: 191500.00
  • Land Assessed Value: 188800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10824.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13896210
  • Tax Annual Amount: 4890.00
  • Assessor Parcel Number: 160800725163
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2045
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 04/25/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Apr 25, 2019
Sold by
Hafer Christopher M and Hafer Christina C
Bought by
Ferentinos Gerasimos V and Ferentinos Andrea M
Seller's Agent
Cara Pearlman
Compass
Buyer's Agent
Gregory Hangemanole
Long & Foster Real Estate, Inc.
List Price
$487,500
Sold Price
$500,000
Premium/Discount to List
$12,500
2.56%
Current Estimated Value
$726,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,375
Avg. Annual Appreciation
5.94%
Original Mortgage
$490,943
Outstanding Balance
$433,355
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$293,020

Purchase Details

Closed on
Sep 26, 2016
Sold by
Hafer Christopher M and Hafer Chrsitina C
Bought by
Hafer Christopher M and Hafer Christina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Bates William J
Bought by
Hafer Christopher M
Source: Public Records

Range of Values:

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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
Ferentinos Gerasimos V $500,000 Rgs Title Llc
Hafer Christopher M -- None Available
Hafer Christopher M $437,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferentinos Gerasimos V $490,943
Previous Owner Hafer Christopher M $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $500,000 +2.6% $244 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $487,500 -- $238 / 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 $6,789 $586,600 $198,200 $388,400
2024 $6,789 $550,867 $0 $0
2023 $5,663 $515,133 $0 $0
2022 $5,006 $479,400 $188,800 $290,600
2021 $4,714 $457,833 $0 $0
2020 $4,451 $436,267 $0 $0
2019 $4,198 $414,700 $188,800 $225,900
2018 $4,072 $403,233 $0 $0
2017 $3,982 $391,767 $0 $0
2016 $3,572 $380,300 $0 $0
2015 $3,572 $377,400 $0 $0
2014 $3,572 $374,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cara Pearlman

    Seller's Agent in 2019

    Cara Pearlman

    Compass

    (202) 641-3008

    6 in this area

    222 Total Sales

    Cara Pearlman
    Section Image
  • Gregory Hangemanole

    Buyer's Agent in 2019

    Gregory Hangemanole

    Long & Foster

    (301) 526-0393

    6 in this area

    79 Total Sales

    Gregory Hangemanole
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC624116

Bright MLS

APN: 08-00725163

Maryland Montgomery County Olney 20832

18016 Archwood Way, Olney, MD

This home is located at 18016 Archwood Way, Olney, MD 20832 since 18 April 2019 and is currently estimated at $726,375, approximately $355 per square foot. This property was built in 1971. 18016 Archwood Way is a home located in Montgomery County with nearby schools including Cashell Elementary School, Redland Middle School, and Col. Zadok Magruder High School.

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