NOT LISTED FOR SALE

2805 Covered Wagon Way Olney, MD 20832

Estimated Value: $900,000 - $1,043,000

4 Beds
2.5 Baths
3,978 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $770,500 $194 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,894/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • Colonial Architecture
  • Sherwood Elementary School Rated A
  • 2.34 Acre Lot
  • Deck

About This Home

As of November 2020

A RARE FIND IN OLNEY ! NORBROOK VILLAGE IS A TRULY INCREDIBLE COMMUNITY ! A PERFECT LOCATION TO ALL MAJOR COMMUTER ROUTES AND MINUTES TO NUMEROUS AMENITIES AND CONVENIENCES...INCLUDING MILES OF WALKING AND RIDING TRAILS. THIS RESIDENCE HAS BEEN UPDATED AND IS SITED ON A 2.34 ACRE STUNNING AND PRIVATE LOT WITH A LEVEL PICTURESQUE FRONT AND BACKYARD THAT HAS BEEN PROFESSIONALLY LANDSCAPED. THE UPDATED KITCHEN BOASTS TASTEFUL GRANITE COUNTERS, CABINETRY AND STAINLESS STEEL APPLIANCES. FROM THE HEART OF THE HOME YOU CAN ENJOY THE UPDATED SCREENED-PORCH OR THE WELL CRAFTED TREX DECK AND THE SOUNDS AND VIEWS OF NATURE AS WELL AS YOUR FAVORITE BEVERAGE. THE RELAXING FAMILY ROOM WITH COZY FIREPLACE AND SEPERATE FORMAL DINING ROOM PROVIDES GREAT SPACE FOR ENTERTAINING FRIENDS AND GUESTS. THE UPPER LEVEL MASTER SUITE PROVIDES A SECOND FIREPLACE AND LAVISH BATHROOM WITH SHOWER AND JETTED TUB. THREE OTHER LARGE BEDROOMS AND BATH COMPLETES THIS POPULAR FLOOR PLAN. THE FINISHED LOWER LEVEL IS PERFECT FOR WATCHING YOUR FAVORITE MOVIE OR SPORTING EVENT. YOU WILL ALSO FIND TONS OF STORAGE AND A WORK SHOP AREA. THE LARGE 2 CAR ATTACHED GARAGE PROVIDES PLENTY OF ADDITIONAL STORAGE SPACE AS WELL. WELCOME TO THIS PHENOMENAL HOME AND PROPERTY.

Last Agent to Sell the Property

Joseph Marosy

(301) 452-0600 jmarosy1@aol.com Weichert, REALTORS License #318770 Listed on: 10/12/2020

Weichert, REALTORS

Last Buyer's Agent

Patrick Grantham

patrick.grantham@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1987

Lot Details

  • 2.34 Acre Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Landscaped
  • No Through Street
  • Secluded Lot
  • Level Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in excellent condition
  • Property is zoned RC

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Panoramic
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Bay Window
  • Window Screens
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Shelving

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outbuilding

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • James Hubert Blake High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include trash
  • Hollowtree Farm Homeowners Association
  • Norbrook Village Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 26
  • Assessor Parcel Number 160802230402

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1987

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: All items listed on the Inclusion List plus shed.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-10-12
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Washer, Water Heater, Refrigerator, Icemaker, Disposal, Cooktop
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Crown Moldings, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Walk-In Closet(s), Wood Floors, Carpet, Chair Railings
  • Window Features: Bay/Bow, Screens
  • Fireplace Features: Wood, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Stairs, Shelving, Improved, Connecting Stairway, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4452
  • Living Area Sq Ft: 3978
  • Price Per Sq Ft: 256.55
  • Above Grade Finished Sq Ft: 2978
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 474
  • Total Below Grade Sq Ft: 1474
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Outbuilding(s)
  • Roof: Asphalt
  • Spa: No
  • View: Garden/Lawn, Panoramic, Scenic Vista, Street, Trees/Woods
  • 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: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA Name: HOLLOWTREE FARM HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 349900.00
  • Land Assessed Value: 354500.00
  • Lot Features: Backs - Open Common Area, Backs To Trees, Cul-De-Sac, Landscaping, Level, No Thru Street, Rear Yard, Secluded
  • Lot Size Acres: 2.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 101930.00
  • Outdoor Living Structures: Deck(s), Enclosed, Screened
  • Property Condition: Excellent
  • Zoning: RC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13885579
  • Tax Annual Amount: 8125.00
  • Assessor Parcel Number: 160802230402
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 18, 2020
Sold by
Benedict Thomas and Benedict Anne
Bought by
Zimmerman William and Zimmerman Jessica H
Seller's Agent
Joseph Marosy
Weichert, REALTORS
Buyer's Agent
Patrick Grantham
Long & Foster Real Estate, Inc.
List Price
$764,000
Sold Price
$770,500
Premium/Discount to List
$6,500
0.85%
Current Estimated Value
$963,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,017
Avg. Annual Appreciation
4.50%
Original Mortgage
$693,450
Outstanding Balance
$617,072
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$346,445

Purchase Details

Closed on
May 15, 1991
Bought by
Benedict Thomas G and A P
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
Zimmerman William $770,500 First American Title Ins Co
Benedict Thomas G $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman William $693,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $770,500 +0.9% $194 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $764,000 0.0% $192 / Sq Ft
10/08/2020 10/08/20 Price Changed $764,000 -- $192 / 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 $9,361 $813,700 -- --
2024 $9,361 $762,400 $0 $0
2023 $9,431 $711,100 $354,500 $356,600
2022 $7,658 $708,867 $0 $0
2021 $7,570 $706,633 $0 $0
2020 $7,517 $704,400 $354,500 $349,900
2019 $7,434 $698,667 $0 $0
2018 $7,376 $692,933 $0 $0
2017 $7,414 $687,200 $0 $0
2016 $7,671 $670,367 $0 $0
2015 $7,671 $653,533 $0 $0
2014 $7,671 $636,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joseph Marosy

    Weichert Corporate

    (301) 452-0600

    3 in this area

    16 Total Sales

    Joseph Marosy
    Section Image

  • P

    Buyer's Agent in 2020

    Patrick Grantham

    Long & Foster

    (301) 908-9671

    3 in this area

    25 Total Sales

    Patrick Grantham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC728552

Bright MLS

APN: 08-02230402

Maryland Montgomery County Olney 20832

2805 Covered Wagon Way, Olney, MD

Not Listed for Sale

Detached

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