NOT LISTED FOR SALE

2805 Covent Garden Terrace Olney, MD 20832

Estimated Value: $768,000 - $871,000

4 Beds
3.5 Baths
2,492 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $665,000 $267 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,891/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Pool
  • Sherwood Elementary School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of August 2021

Don't miss this great Hallowell Colonial on a cul-de-sac with lots of potential!!! A little paint and updates will make this your dream home! I love the front porch! Spacious kitchen opens to a warm family room with fireplace. The breakfast area opens to deck and nicely fenced, private yard. Upper level features four spacious bedrooms and a nice-sized owners suite. The basement is completely finished with a rec-room, and three more rooms that would be nice for work at home folks, play rooms and more! Don't miss the basement full bath! This is an amazing opportunity!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 08/05/2021

EXP Realty, LLC

Last Buyer's Agent

Yogi Karki

(703) 615-2050 karkiy@gmail.com Samson Properties License #0225101257

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,037

Year Built

  • Built in 1991

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,492 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carpet
  • Finished Basement

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 160802922018

Community Details

Overview

  • No Home Owners Association
  • Hallowell Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,037

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Island, Primary Bath(s), Soaking Tub, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2492
  • Living Area Sq Ft: 2492
  • Price Per Sq Ft: 240.77
  • Above Grade Finished Sq Ft: 2492
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6037.00
  • Assessor Parcel Number: 160802922018
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 31, 2021
Sold by
Tavenner Barbara and Tavenner Earle R
Bought by
Upadhayay Sikchya
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Yogi Karki
Samson Properties
List Price
$600,000
Sold Price
$665,000
Premium/Discount to List
$65,000
10.83%
Current Estimated Value
$809,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,771
Avg. Annual Appreciation
4.72%
Original Mortgage
$548,250
Outstanding Balance
$498,122
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$311,649

Purchase Details

Closed on
Oct 30, 2002
Sold by
Tavenner Earle R
Bought by
Tavenner Earle R and Tavenner Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Upadhayay Sikchya $665,000 Main Street Settlements Inc
Tavenner Earle R -- --
Tavenner Earle R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upadhayay Sikchya $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $665,000 +10.8% $267 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $600,000 -9.8% $241 / Sq Ft
08/05/2021 08/05/21 Off Market $665,000 -- --
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 $7,588 $685,933 -- --
2024 $7,588 $620,267 $0 $0
2023 $6,117 $554,600 $254,400 $300,200
2022 $5,775 $549,067 $0 $0
2021 $5,659 $543,533 $0 $0
2020 $5,574 $538,000 $254,400 $283,600
2019 $5,346 $518,767 $0 $0
2018 $5,136 $499,533 $0 $0
2017 $5,004 $480,300 $0 $0
2016 -- $469,133 $0 $0
2015 $5,745 $457,967 $0 $0
2014 $5,745 $446,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Rollings

    Seller's Agent in 2021

    Karen Rollings

    EXP Realty, LLC

    (301) 924-8200

    231 in this area

    511 Total Sales

    Karen Rollings
    Section Image
  • Yogi Karki

    Buyer's Agent in 2021

    Yogi Karki

    Samson Properties

    (703) 615-2050

    1 in this area

    20 Total Sales

    Yogi Karki
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2009698

Bright MLS

APN: 08-02922018

Maryland Montgomery County Olney 20832

2805 Covent Garden Terrace, Olney, MD

Not Listed for Sale

Detached

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