NOT LISTED FOR SALE

18420 Tranquil Ln Olney, MD 20832

Estimated Value: $644,000 - $704,000

4 Beds
2.5 Baths
1,954 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $685,000 $351 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,076/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Breakfast Room
  • Laundry Room
  • Belmont Elementary School Rated A
  • 2 Car Attached Garage
  • Entrance Foyer

About This Home

As of July 2024

So much potential just waiting for you in this spacious and distinguished Briars Acres home in Olney on over a quarter of an acre. The home features a beautiful corner lot, front porch, brick fireplace, oversized and dreamy primary bedroom with 2 walk in closets, 2 double vanities, and a side entry 2 car garage. The home offers ample space to host and play with its oversized family room, charming and private back yard, and both a separate dining room and an eat in breakfast room off the kitchen. This home is a blank slate awaiting your personal touches. Close proximity to the heart of Olney. Easy access to Shady Grove Metro. 3150 square feet.

Last Agent to Sell the Property

Franco Saladino

(301) 975-9500 Franco@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 06/19/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Maruf Lasker

(301) 424-9444 maruf9661@gmail.com Independent Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,445

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R200

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Association fees include trash
  • Briars Acres HOA
  • Briars Acres Subdivision
  • Property has 5 Levels

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160801808708

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,445

Year Built

Built in 1981

Lot Details

0.3 Acres

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2024-06-19
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 5
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 3201
  • Living Area Sq Ft: 1954
  • Price Per Sq Ft: 332.14
  • Above Grade Finished Sq Ft: 1954
  • Below Grade Sq Ft: 1247
  • Total Below Grade Sq Ft: 1247
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA Name: BRIARS ACRES HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13019.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6445.00
  • Assessor Parcel Number: 160801808708
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 2, 2024
Sold by
Shen Family Trust and Shen Fun-Dee
Bought by
Katongoni Benjamin N and Amaya Blanco Blanca
Seller's Agent
Franco Saladino
Long & Foster Real Estate, Inc.
Buyer's Agent
Maruf Lasker
Independent Realty, Inc
List Price
$649,000
Sold Price
$685,000
Premium/Discount to List
$36,000
5.55%
Views
107
Current Estimated Value
$672,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,687
Avg. Annual Appreciation
-1.13%
Original Mortgage
$655,168
Outstanding Balance
$647,740
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$24,573

Purchase Details

Closed on
Nov 18, 2014
Sold by
Shen Shiao Wei and Shen Fun Dee
Bought by
The Shen Family Trust

Purchase Details

Closed on
Jun 29, 1988
Bought by
Shen Shiao-Wei and Shen F-D
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
Katongoni Benjamin N $685,000 Old Republic National Title
Katongoni Benjamin N $685,000 Old Republic National Title
The Shen Family Trust -- None Available
Shen Shiao-Wei $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katongoni Benjamin N $655,168
Closed Katongoni Benjamin N $655,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $685,000 +5.5% $351 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/27/2024 06/27/24 Off Market $649,000 -- --
06/19/2024 06/19/24 For Sale $649,000 -- $332 / 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 $6,761 $573,900 $270,700 $303,200
2024 $6,761 $548,433 $0 $0
2023 $5,753 $522,967 $0 $0
2022 $4,010 $497,500 $257,800 $239,700
2021 $4,942 $489,133 $0 $0
2020 $4,942 $480,767 $0 $0
2019 $4,835 $472,400 $257,800 $214,600
2018 $4,731 $462,867 $0 $0
2017 $4,713 $453,333 $0 $0
2016 -- $443,800 $0 $0
2015 $4,800 $436,467 $0 $0
2014 $4,800 $429,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2136482

Bright MLS

APN: 08-01808708

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