NOT LISTED FOR SALE

18405 Tranquil Ln Olney, MD 20832

Estimated Value: $696,000 - $803,000

6 Beds
3.5 Baths
3,303 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $525,000 $159 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,578/month

81 Days on Market

Highlights

  • Gourmet Country Kitchen
  • Open Floorplan
  • Property is near park
  • Belmont Elementary School Rated A
  • Colonial Architecture
  • Premium Lot

About This Home

As of December 2019

Great Opportunity Great Location End of Cul-de-sac and backing to open space!!! HUGE HOME in very good condition and could you a little TLC updating ... New Windows!!! PRICED TO SELL Huge open rooms * Large Family Room w/ masonry woodburning fireplace, ceiling fan & slider to large level back yard * Large yard with cement patio & wood decking + mature shape trees * 1st Floor Study right off of the foyer * HUGE bedrooms and a fully finished back lower level this is really a great home at an even better price!!!

Last Agent to Sell the Property

Jim Bim

(410) 461-2800 jim@jimbim.com Winning Edge Listed on: 08/08/2019

Co-Listed By

Grant Bim

(410) 461-2800 jim@jimbim.com Winning Edge License #668382

Last Buyer's Agent

Braden Maley

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,962

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Game Room
  • Garden Views

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Room
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Rear Basement Entry
  • Basement Windows

Schools

  • Belmont Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is near park

Community Details

  • Briars Acres Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160801808776

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,962

Year Built

Built in 1981

Lot Details

0.25 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-08-08
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Fully Carpeted
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Wood Floors
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Den, Breakfast Room, Laundry, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished, Daylight, Partial, Full, Improved, Interior Access, Rear Entrance, Walkout Stairs, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3597
  • Living Area Sq Ft: 3303
  • Price Per Sq Ft: 219.70
  • Above Grade Finished Sq Ft: 2503
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 294
  • Total Below Grade Sq Ft: 1094
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 2
  • 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
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Roof: Asphalt
  • View: Garden/Lawn
  • 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
  • Open Parking Spaces Count: 4
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 235600.00
  • Land Assessed Value: 251800.00
  • Lot Features: Backs - Parkland, Backs - Open Common Area, Backs To Trees, Cul-De-Sac, Landscaping, Premium
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10852.00
  • Property Condition: Very Good, Below Average
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13936537
  • Tax Annual Amount: 5962.00
  • Assessor Parcel Number: 160801808776
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Dec 16, 2019
Sold by
Tsai Peter
Bought by
Christiano Matthew and Christiano Miranda
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Braden Maley
Cummings & Co. Realtors
List Price
$574,900
Sold Price
$525,000
Premium/Discount to List
-$49,900
-8.68%
Current Estimated Value
$766,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,828
Avg. Annual Appreciation
6.33%
Original Mortgage
$472,500
Outstanding Balance
$416,577
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$350,251

Purchase Details

Closed on
Jul 9, 1997
Sold by
Karl R R and Karl Sweeney D
Bought by
Tsai Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Christiano Matthew $525,000 Marvel Title & Escrow Llc
Tsai Peter $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christiano Matthew $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $525,000 -4.5% $159 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $549,900 -4.3% $166 / Sq Ft
08/08/2019 08/08/19 For Sale $574,900 -- $174 / Sq Ft
Source: Bright MLS

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 $7,529 $650,000 $264,400 $385,600
2024 $7,529 $615,133 $0 $0
2023 $6,413 $580,267 $0 $0
2022 $5,734 $545,400 $251,800 $293,600
2021 $5,556 $534,233 $0 $0
2020 $5,409 $523,067 $0 $0
2019 $5,962 $511,900 $251,800 $260,100
2018 $5,874 $503,733 $0 $0
2017 $5,906 $495,567 $0 $0
2016 -- $487,400 $0 $0
2015 $4,930 $475,567 $0 $0
2014 $4,930 $463,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC673042

Bright MLS

APN: 08-01808776

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