NOT LISTED FOR SALE

2004 Petersfield Place Olney, MD 20832

Estimated Value: $810,266 - $890,000

4 Beds
2.5 Baths
2,333 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $576,800 $247 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,130/month

18 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 2 Car Attached Garage
  • Brooke Grove Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of August 2016

Extraordinary model in sought after Hallowell. Sun filled breakfast room. Lovely fenced yard. Newer HVAC, NEW Roof to be installed prior to settlement. Full basement. Immaculately maintained home with main level master suite with a renovated bathroom, adjoining sitting room/nursery/office/4th bedroom w/double sided fireplace.

Last Agent to Sell the Property

Ellie Hitt

(240) 888-8448 ellie@homeswithellie.com RE/MAX Realty Centre, Inc. License #583006 Listed on: 06/10/2016

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

RJ Soni

(301) 467-1833 rjsonirealestate@gmail.com Northrop Realty

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1991

Lot Details

  • 6,404 Sq Ft Lot
  • Property is zoned RE2

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Composite Building Materials

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Hallowell Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 160802876503

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

Built in 1991

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1991
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Composition
  • Pool Private: No
  • 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
  • Parking Features: Paved Driveway, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 66.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Improvement Assessed Value: 227300.00
  • Land Assessed Value: 238400.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6404
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6404.00
  • Property Attached Yn: No
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13938298
  • Tax Annual Amount: 5217.24
  • Assessor Parcel Number: 160802876503
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Parekh Chandran Monica and Parekh Arvind Chandran
Bought by
Monica Parekh Chandran Living Trust and Arvind Chandran Living Trust
Current Estimated Value
$837,567

Purchase Details

Closed on
Jul 23, 2021
Sold by
Monica Chandran Living Trust
Bought by
Chandran Monica Perakh and Chandran Arvind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,514
Interest Rate
2.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Sep 2, 2016
Sold by
Day Michelle
Bought by
The Monica Chandran Living Trust and Arvind Chandran Living Trust
Seller's Agent
Ellie Hitt
RE/MAX Realty Centre, Inc.
Buyer's Agent
RJ Soni
Northrop Realty
List Price
$576,800
Sold Price
$576,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$416,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2000
Sold by
Shiley Sharon C
Bought by
Day Michelle

Purchase Details

Closed on
Nov 2, 1994
Sold by
Fisher James L
Bought by
Shiley Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
8.71%
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
Monica Parekh Chandran Living Trust -- Certified Title
Monica Parekh Chandran Living Trust -- Certified Title
Chandran Monica Perakh -- Certified Title Corporation
The Monica Chandran Living Trust $576,800 Certified Title Corporation
Day Michelle $295,000 --
Shiley Sharon C $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chandran Monica Perakh $481,514
Previous Owner The Monica Chandran Living Trust $416,800
Previous Owner Shiley Sharon C $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $576,800 0.0% $247 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $576,800 0.0% $247 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $576,800 -- $247 / 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 $7,883 $701,800 -- --
2024 $7,883 $645,900 $0 $0
2023 $6,525 $590,000 $238,400 $351,600
2022 $6,151 $583,200 $0 $0
2021 $5,922 $576,400 $0 $0
2020 $5,922 $569,600 $238,400 $331,200
2019 $5,525 $534,967 $0 $0
2018 $5,145 $500,333 $0 $0
2017 $4,856 $465,700 $0 $0
2016 -- $454,400 $0 $0
2015 $5,956 $443,100 $0 $0
2014 $5,956 $431,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002435547

Bright MLS

APN: 08-02876503