NOT LISTED FOR SALE

2926 McGee Way Olney, MD 20832

Estimated Value: $382,000 - $429,000

3 Beds
2.5 Baths
1,440 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $265,000 $184 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,599/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Community Pool
  • Brooke Grove Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2016

Awesome town home in ultra-convenient location! Updated kitchen open to family room with wood floors & walk-out to patio & private yard. Spacious, mid-level master suite with walk-in closet, updated full bath & convenenient laundry closet. Two additional bedrooms & large storage closet + full bath on top floor. So much more than you expect at this price! Enjoy!!

Last Agent to Sell the Property

Peggy Lyn Speicher

(808) 495-3525 peggylyn@speichergroup.com Real Broker, LLC - Gaithersburg License #324114 Listed on: 10/31/2015

Real Broker, LLC - Gaithersburg

Co-Listed By

Todd Werling

(410) 206-9141 todd@speichergroup.com Real Broker, LLC - Gaithersburg License #657920

Last Buyer's Agent

Lily Huang

(240) 506-9145 lilywhuang@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 160802423652

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash, parking fee
  • $30 Other Monthly Fees
  • Fair Hill Farm Subdivision, Gorgeous! Floorplan
  • Fair Hill Farm Community
  • The community has rules related to covenants

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,784

Year Built

Built in 1986

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1986
  • Remarks Public: Awesome town home in ultra-convenient location! Updated kitchen open to family room with wood floors & walk-out to patio & private yard. Spacious, mid-level master suite with walk-in closet, updated full bath & convenenient laundry closet. Two additional bedrooms & large storage closet + full bath on top floor. So much more than you expect at this price! Enjoy!!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 190.97
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2926

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

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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: 113.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash, Parking Fee
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 90.00
  • Other Fees Frequency: Quarterly

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 122400.00
  • Land Assessed Value: 132000.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 741
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 741.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: PD9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937180
  • Tax Annual Amount: 2784.12
  • Assessor Parcel Number: 160802423652
  • Tax Lot: 101
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 04/04/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2015
Closed on
Apr 4, 2016
Sold by
Rubino Jason P and Rubino John P
Bought by
Yu Lin Min W and Yu Ajcquelines S
Seller's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
Buyer's Agent
Lily Huang
Long & Foster Real Estate, Inc.
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$410,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,568
Avg. Annual Appreciation
4.69%
Original Mortgage
$212,000
Outstanding Balance
$168,200
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$242,368

Purchase Details

Closed on
May 26, 2005
Sold by
Rubino Heather M
Bought by
Rubino Jason P

Purchase Details

Closed on
May 16, 2005
Sold by
Rubino Heather M
Bought by
Rubino Jason P

Purchase Details

Closed on
Mar 1, 2001
Sold by
Wimbrough Raymond and Wimbrough S
Bought by
Rubino Heather M

Purchase Details

Closed on
Mar 26, 1996
Sold by
Nystrum Susan D
Bought by
Wimbrough Raymond and Wimbrough S
Source: Public Records

Range of Values:

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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
Yu Lin Min W $265,000 First American Title Ins Co
Rubino Jason P $275,000 --
Rubino Jason P $275,000 --
Rubino Heather M $129,900 --
Wimbrough Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Lin Min W $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $265,000 -3.6% $184 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $275,000 0.0% $191 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/07/2016 01/07/16 Price Changed $275,000 -1.8% $191 / Sq Ft
11/30/2015 11/30/15 Price Changed $280,000 -3.4% $194 / Sq Ft
10/31/2015 10/31/15 For Sale $290,000 -- $201 / 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 $3,770 $315,500 -- --
2024 $3,770 $296,600 $0 $0
2023 $4,227 $277,700 $132,000 $145,700
2022 $2,622 $270,633 $0 $0
2021 $2,396 $263,567 $0 $0
2020 $2,396 $256,500 $132,000 $124,500
2019 $2,376 $255,800 $0 $0
2018 $2,366 $255,100 $0 $0
2017 $2,409 $254,400 $0 $0
2016 $2,434 $241,933 $0 $0
2015 $2,434 $229,467 $0 $0
2014 $2,434 $217,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002386795

Bright MLS

APN: 08-02423652