NOT LISTED FOR SALE

2 Gelding Ct Olney, MD 20832

Estimated Value: $690,559 - $707,000

4 Beds
3 Baths
2,608 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 04, 2022

Last sale price $640,000 $245 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,691/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Traditional Floor Plan
  • Olney Elementary School Rated A
  • Recreation Room
  • 1-minute walk to Olney Square Neighborhood Park

About This Home

As of July 2022

Welcome home to this beautifully updated split level on fantastic and private corner lot right across the street from Olney Square Park! The main level features kitchen with newer appliances and breakfast bar, breakfast room, dining room, laundry room, and living room with sliding doors out to the deck! The upper level includes primary suite with updated bath plus two additional bedrooms and full bath. The first lower level has a cozy family room with wood burning fireplace, 4th bedroom, and a full bath! The finished basement is awesome! Spacious rec room and a bonus room with endless possibilities. The backyard is amazing! Backing to trees/woods and only one neighbor! Plenty of yard space plus a deck and a patio for BBQs and relaxation! Updates include: new furnace and AC 2020; HVAC 2016; patio 2018; remodeled primary bath 2016; and MORE! This house is located near all of Olney's restaurants, shops, the Olney Public Library, Olney Skate Park, Olney Indoor Swim Center, and MORE!! A commuter's dream as commuter routes are close by! Don't miss this one!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 06/02/2022

EXP Realty, LLC

Last Buyer's Agent

Sybil Buckwalter

(410) 404-2503 sybilmb1@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,340

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned R200

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Views of Woods
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160800766232

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,340

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Icemaker, Washer, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Recreation Room, Bonus Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Improved
  • Laundry Type: Has Laundry, Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2608
  • Living Area Sq Ft: 2608
  • Price Per Sq Ft: 304.99
  • Above Grade Finished Sq Ft: 1964
  • Below Grade Finished Sq Ft: 644
  • Total Below Grade Sq Ft: 644
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • 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

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14624.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5340.00
  • Assessor Parcel Number: 160800766232
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 30, 2022
Sold by
Joseph Norris Michael
Bought by
Lee Sung Hun and Yu Olivia
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Sybil Buckwalter
Samson Properties
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%
Current Estimated Value
$698,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,780
Avg. Annual Appreciation
2.53%
Original Mortgage
$576,000
Outstanding Balance
$548,658
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$150,122

Purchase Details

Closed on
Jun 9, 2008
Sold by
Deitz Jason
Bought by
Norris Michael Joseph and Norris Brenda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2008
Sold by
Deitz Jason
Bought by
Norris Michael Joseph and Norris Brenda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Deitz Jason
Bought by
Deitz Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
8.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 22, 2005
Sold by
Deitz Jason
Bought by
Deitz Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
8.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 20, 2005
Sold by
Aly Tarek
Bought by
Deitz Jason and Deitz Andrea

Purchase Details

Closed on
May 20, 2004
Sold by
Ziegler William H and Ziegler H S
Bought by
Aly Tarek
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
Lee Sung Hun $640,000 Wfg National Title
Norris Michael Joseph $414,000 --
Deitz Jason -- --
Norris Michael Joseph $414,000 --
Deitz Jason -- --
Deitz Jason -- --
Deitz Jason -- --
Deitz Jason $469,000 --
Deitz Jason $469,000 --
Aly Tarek $326,000 --
Aly Tarek $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sung Hun $576,000
Previous Owner Deitz Jason $372,600
Previous Owner Deitz Jason $372,600
Previous Owner Deitz Jason $450,500
Previous Owner Deitz Jason $450,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/04/2022 07/04/22 Sold $640,000 +6.8% $245 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $599,000 -- $230 / 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 $447 $628,500 $275,400 $353,100
2024 $447 $569,633 $0 $0
2023 $5,612 $510,767 $0 $0
2022 $4,702 $451,900 $262,300 $189,600
2021 $4,649 $451,900 $262,300 $189,600
2020 $9,248 $451,900 $262,300 $189,600
2019 $4,679 $458,300 $262,300 $196,000
2018 $4,555 $446,933 $0 $0
2017 $4,487 $435,567 $0 $0
2016 $3,950 $424,200 $0 $0
2015 $3,950 $418,433 $0 $0
2014 $3,950 $412,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2054582

Bright MLS

APN: 08-00766232