NOT LISTED FOR SALE

2903 McGee Way Olney, MD 20832

Estimated Value: $350,000 - $407,000

2 Beds
1.5 Baths
1,040 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $288,000 $277 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,387/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Deck
  • Brooke Grove Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2019

This corner end unit townhome has a private view of common ground from patio deck in back. The roof, skylight and storm door were all replaced in '16. Solar panels('16) lease to be assumed by buyer. Windows and patio door with blinds between glass were installed in '17. Brand new remodel in kitchen has new shaker style white cabinets, granite counter, tile back splash, deep sink, stainless steel appliances, kitchen floor and light fixtures. The dining room has custom storage benches that can convey. Living and dining rooms have laminate wood floor. The half bath has updated vanity and faucet ( 19). The upstairs bathroom is completely remodeled, with vanity, porcelain tile, faucet, toilet, and LED exhaust fan with built in Bluetooth speakers and nightlight ( 17). Two bedrooms upstairs plus laundry rm with full size front load washer and dryer. Additionally, there is an easy stair access to finished attic w/ cathedral type ceiling and built in shelves and room for extra storage. A special treat located in the heart of Olney! Terrific schools and minutes from grocery stores, other shopping, restaurants, hospital, doctors, public library, places of worship and walk to the bus stop for the metro! Community amenities include outdoor pool & tennis and party room.

Last Agent to Sell the Property

Merry Sloane

(301) 774-5900 merrysloane@gmail.com RE/MAX Realty Centre, Inc. License #521459 Listed on: 09/13/2019

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Etta Tobin

(301) 774-5900 etta.tobin1@verizon.net RE/MAX Realty Centre, Inc. License #531665

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1986

Lot Details

  • 720 Sq Ft Lot
  • Backs To Open Common Area
  • Property is in very good condition

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 160802423504

Community Details

Overview

  • Association fees include pool(s), recreation facility, snow removal, trash, common area maintenance
  • $44 Other Monthly Fees
  • Environ HOA Iko Management & Abaris Realty HOA, Phone Number (301) 468-8919
  • Fair Hill Farm Subdivision

Amenities

  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,729

Year Built

Built in 1986

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-09-13
  • Federal Flood Zone: No
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater, Energy Efficient Appliances
  • Flooring Type: Laminated, Wood, Vinyl
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Kitchen - Galley, Upgraded Countertops, Window Treatments, Family Room Off Kitchen, Floor Plan - Open, Pantry, Skylight(s)
  • Window Features: Replacement, Screens, Double Pane, Energy Efficient, Skylights
  • Fireplace: No
  • Door Features: Atrium, Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1, Laundry, Bathroom 1, Attic, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 276.92
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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: 124.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Recreation Facility, Snow Removal, Trash, Common Area Maintenance
  • HOA Name: ENVIRON HOA IKO MANAGEMENT & ABARIS REALTY
  • HOA Phone: 301-468-8919
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 132.00
  • Other Fees Frequency: Quarterly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 90900.00
  • Land Assessed Value: 132000.00
  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 720.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Very Good
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13937173
  • Tax Annual Amount: 2729.00
  • Assessor Parcel Number: 160802423504
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 22, 2019
Sold by
Ottaviano John F and Ottaviano Nicole R
Bought by
Nash Christopher L and Nash Victoria H
Seller's Agent
Merry Sloane
RE/MAX Realty Centre, Inc.
Buyer's Agent
Etta Tobin
RE/MAX Realty Centre, Inc.
List Price
$288,000
Sold Price
$288,000
Current Estimated Value
$367,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,053
Avg. Annual Appreciation
3.94%
Original Mortgage
$201,600
Outstanding Balance
$176,972
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$190,081

Purchase Details

Listed on
Oct 8, 2014
Closed on
Dec 31, 2014
Sold by
Metropolitan Life Insurance Company
Bought by
Ottaviano John F and Ottaviano Nicole R
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$213,675
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2014
Sold by
Eck Kimberly A
Bought by
Metropolitan Life Insurance Company

Purchase Details

Closed on
May 24, 2007
Sold by
Fenner Geoffrey
Bought by
Eck Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2007
Sold by
Fenner Geoffrey
Bought by
Eck Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Fenner Geoffrey
Bought by
Fenner Geoffrey and Fenner Stephanie M

Purchase Details

Closed on
Aug 19, 2004
Sold by
Fenner Geoffrey
Bought by
Fenner Geoffrey and Fenner Stephanie M

Purchase Details

Closed on
Aug 14, 2002
Sold by
Fenner Geoffrey H
Bought by
Fenner Geoffrey

Purchase Details

Closed on
May 2, 1994
Sold by
Downs C L
Bought by
Fenner G H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,648
Interest Rate
7.7%
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
Nash Christopher L $288,000 Home Settlement Centre Llc
Ottaviano John F $230,000 Fatic
Metropolitan Life Insurance Company $557,676 Servicelink
Eck Kimberly A $289,500 --
Eck Kimberly A $289,500 --
Fenner Geoffrey -- --
Fenner Geoffrey -- --
Fenner Geoffrey -- --
Fenner Geoffrey -- --
Fenner Geoffrey -- --
Fenner G H $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Christopher L $201,600
Previous Owner Ottaviano John F $213,675
Previous Owner Eck Kimberly A $289,500
Previous Owner Eck Kimberly A $289,500
Previous Owner Fenner G H $97,648
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2019 10/22/19 Sold $288,000 0.0% $277 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $288,000 +25.2% $277 / Sq Ft
01/29/2015 01/29/15 Sold $230,000 -11.5% $221 / Sq Ft View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $259,900 -- $250 / Sq Ft
Source: Bright MLS

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 $3,791 $317,300 -- --
2024 $3,791 $298,400 $0 $0
2023 $4,247 $279,500 $132,000 $147,500
2022 $2,524 $261,733 $0 $0
2021 $2,280 $243,967 $0 $0
2020 $2,062 $226,200 $132,000 $94,200
2019 $2,038 $225,100 $0 $0
2018 $2,475 $224,000 $0 $0
2017 $1,990 $222,900 $0 $0
2016 $2,039 $212,633 $0 $0
2015 $2,039 $202,367 $0 $0
2014 $2,039 $192,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC677562

Bright MLS

APN: 08-02423504