NOT LISTED FOR SALE

2925 McGee Way Olney, MD 20832

Estimated Value: $408,000 - $445,000

3 Beds
2.5 Baths
1,440 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $290,000 $201 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,718/month

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Upgraded Countertops
  • Brooke Grove Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of August 2017

In the heart of downtown Olney! 3 bedroom, 2 full & 1 half bath townhouse. New roof. Granite counter-tops & updated bathrooms. Private master suite with full bathroom & walk in closet. Private rear patio. Community pool & tennis courts. Conveniently located close to shopping, restaurants, parks, public transportation & commuter routes.

Last Agent to Sell the Property

Adam Virkus

(240) 672-2205 adamvirkus@gmail.com RE/MAX Realty Centre, Inc. Listed on: 07/07/2017

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Eddie DeLuca

(240) 938-2121 deluca.team@realtor.com Redfin Corp License #SP98378347

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1986

Lot Details

  • 720 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 160802423388

Community Details

Overview

  • Fair Hill Farm Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,043

Year Built

Built in 1986

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1986
  • Remarks Public: In the heart of downtown Olney! 3 bedroom, 2 full & 1 half bath townhouse. New roof. Granite counter-tops & updated bathrooms. Private master suite with full bathroom & walk in closet. Private rear patio. Community pool & tennis courts. Conveniently located close to shopping, restaurants, parks, public transportation & commuter routes.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Family Room Off Kitchen, Primary Bath(s), Upgraded Countertops, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 2925

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Roof: Asphalt
  • 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

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 117.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROOKE GROVE
  • Middle School: WILLIAM H. FARQUHAR
  • High School: SHERWOOD
  • School District Key: 121138126809
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Improvement Assessed Value: 124600.00
  • Land Assessed Value: 132000.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 720
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 720.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: PD9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937165
  • Tax Annual Amount: 3042.55
  • Assessor Parcel Number: 160802423388
  • Tax Lot: 75
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/25/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 25, 2017
Sold by
Cina 1 Llc
Bought by
Jankosi Vincent A and The Vincent A Jankoski Family
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Eddie DeLuca
Redfin Corp
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$427,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,822
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Cina Patricia and Cina Mehdi
Bought by
Cina 1 Llc

Purchase Details

Closed on
Mar 8, 2011
Sold by
Cornejo Edgardo and Cornejo Pamela C
Bought by
Cina Patricia and Cina Mehdi

Purchase Details

Closed on
Feb 18, 2011
Sold by
Cornejo Edgardo and Cornejo Pamela C
Bought by
Cina Patricia and Cina Mehdi

Purchase Details

Closed on
Dec 31, 2003
Sold by
Labriny Fouad and Labriny Carmelita
Bought by
Cornejo Edgardo and Cornejo Pamela C

Purchase Details

Closed on
Jan 29, 2002
Sold by
Argubie Zaenah and Argubie L
Bought by
Labriny Fouad and Labriny Carmelita
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
Jankosi Vincent A $290,000 None Available
Cina 1 Llc $199,000 First American Title Ins Co
Cina Patricia $223,000 --
Cina Patricia $223,000 --
Cina Patricia $223,000 --
Cina Patricia $223,000 --
Cornejo Edgardo $222,500 --
Cornejo Edgardo $222,500 --
Labriny Fouad -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $290,000 -3.3% $201 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $299,900 -- $208 / 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 $4,070 $344,667 -- --
2024 $4,070 $322,633 $0 $0
2023 $3,798 $300,600 $132,000 $168,600
2022 $3,554 $292,333 $0 $0
2021 $3,301 $284,067 $0 $0
2020 $3,301 $275,800 $132,000 $143,800
2019 $3,218 $269,400 $0 $0
2018 $3,145 $263,000 $0 $0
2017 $3,043 $256,600 $0 $0
2016 -- $243,967 $0 $0
2015 $3,144 $231,333 $0 $0
2014 $3,144 $218,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Virkus

    Seller's Agent in 2017

    Adam Virkus

    RE/MAX

    (240) 672-2205

    15 in this area

    68 Total Sales

    Adam Virkus
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Map

Source: Bright MLS

MLS Number: 1002549995

Bright MLS

APN: 08-02423388

Maryland Montgomery County Olney 20832

2925 McGee Way, Olney, MD

This home is located at 2925 McGee Way, Olney, MD 20832 since 07 July 2017 and is currently estimated at $427,822, approximately $297 per square foot. This property was built in 1986. 2925 McGee Way is a home located in Montgomery County with nearby schools including Brooke Grove Elementary School, William H. Farquhar Middle School, and Sherwood High School.

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