NOT LISTED FOR SALE

2542 Sutcliff Terrace Olney, MD 20832

Estimated Value: $598,000 - $680,000

3 Beds
3.5 Baths
2,585 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $495,000 $191 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,055/month

Highlights

  • Colonial Architecture
  • Recreation Room
  • Home Gym
  • Greenwood Elementary School Rated A
  • 2 Fireplaces
  • Breakfast Room

About This Home

As of March 2021

Excellent good maintenance townhouse. Updated with a lot of details, convenient location in a great neighborhood, 3 spacious bedrooms, and 3 1/2 updated baths, open plan gallery ceiling dining room, the family room right out of the kitchen with fireplace and bright breakfast area, full finish walkout basement with the second fireplace. Nice deck back to woods providing a beautiful view and privacy. Do not miss this opportunity, it won't be last long. Please adhere to CDC guidelines; Sanitizer is provided, all parties must wear a mask and put on booties.

Last Agent to Sell the Property

Martin Cuzzi

Cuzzi Realty, Inc. License #533796 Listed on: 02/13/2021

Last Buyer's Agent

Daniel Hailu

Taylor Properties

Taylor Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1997

Lot Details

  • 1,760 Sq Ft Lot

HOA Fees

  • $118 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Home Gym

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer

Improved Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 1 Parking Space
  • 1 Assigned Parking Space

Utilities

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

Community Details

  • Manor Oaks Neighborhood Association
  • Manor Oaks Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 160803132580

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,875

Year Built

Built in 1997

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-13
  • Year Built: 1997
  • Assigned Parking Space Numbers: 2542
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent good maintenance townhouse. Updated with a lot of details, convenient location in a great neighborhood, 3 spacious bedrooms, and 3 1/2 updated baths, open plan gallery ceiling dining room, the family room right out of the kitchen with fireplace and bright breakfast area, full finish walkout basement with the second fireplace. Nice deck back to woods providing a beautiful view and privacy. Do not miss this opportunity, it won't be last long. Please adhere to CDC guidelines; Sanitizer is provided, all parties must wear a mask and put on booties.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Exercise Room, Laundry, Recreation Room, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Improved, Outside Entrance, Rear Entrance, Daylight, Full, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2820
  • Living Area Sq Ft: 2585
  • Price Per Sq Ft: 263.30
  • Above Grade Finished Sq Ft: 1880
  • Below Grade Finished Sq Ft: 705
  • Below Grade Sq Ft: 235
  • Total Below Grade Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2542

Beds/Baths

  • Bedrooms: 3
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 118.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: MANOR OAKS NEIGHBORHOOD ASSOCIATION
  • HOA: Yes
  • 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

  • Improvement Assessed Value: 269800.00
  • Land Assessed Value: 184800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1760.00
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13938990
  • Tax Annual Amount: 4875.00
  • Assessor Parcel Number: 160803132580
  • Tax Lot: 46
  • Tax Total Finished Sq Ft: 2585
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/24/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 23, 2021
Sold by
Hesselroth Ted and Hesselroth Alba
Bought by
Hadero Million
Seller's Agent
Martin Cuzzi
Cuzzi Realty, Inc.
Buyer's Agent
Daniel Hailu
Taylor Properties
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$635,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,404
Avg. Annual Appreciation
4.85%
Original Mortgage
$480,150
Outstanding Balance
$438,185
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$173,586

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 5, 2013
Sold by
Helberg Elizabeth H and Helberg Alex
Bought by
Hesselroth Ted and Hesselroth Alba
Seller's Agent
Maria Wolf
RE/MAX Realty Centre, Inc.
Buyer's Agent
Martin Cuzzi
Cuzzi Realty, Inc.
List Price
$409,000
Sold Price
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$327,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bestland Grace M
Bought by
Hamilton Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Ja Hwang Young C
Bought by
Bestland Grace M

Purchase Details

Closed on
Jun 17, 2002
Sold by
Schaeffer Susan V
Bought by
Ja Hwang Young C

Purchase Details

Closed on
Jan 19, 1997
Sold by
Pulte Home Corporation
Bought by
Schaeffer Susan V
Source: Public Records

Range of Values:

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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
Hadero Million $495,000 Fidelity National Ttl Ins Co
Hesselroth Ted $409,000 Atg Title Inc
Hamilton Elizabeth S $384,000 --
Bestland Grace M $325,000 --
Ja Hwang Young C $297,500 --
Schaeffer Susan V $216,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadero Million $480,150
Previous Owner Hesselroth Ted $327,200
Previous Owner Hamilton Elizabeth S $345,600
Previous Owner Bestland Grace M $219,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $495,000 0.0% $191 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $495,000 +21.0% $191 / Sq Ft
03/05/2013 03/05/13 Sold $409,000 0.0% $218 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $409,000 -- $218 / 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 $6,022 $525,800 -- --
2024 $6,022 $490,200 $0 $0
2023 $6,286 $454,600 $184,800 $269,800
2022 $4,567 $445,000 $0 $0
2021 $8,820 $435,400 $0 $0
2020 $8,564 $425,800 $184,800 $241,000
2019 $4,183 $418,033 $0 $0
2018 $4,532 $410,267 $0 $0
2017 $4,026 $402,500 $0 $0
2016 $3,900 $388,200 $0 $0
2015 $3,900 $373,900 $0 $0
2014 $3,900 $359,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC743974

Bright MLS

APN: 08-03132580