NOT LISTED FOR SALE

2928 McGee Way Olney, MD 20832

Estimated Value: $360,000 - $430,000

4 Beds
2.5 Baths
1,397 Sq Ft
$291/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $266,000 $190 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,456/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Community Pool
  • Brooke Grove Elementary School Rated A
  • No HOA
  • 90% Forced Air Heating and Cooling System

About This Home

As of April 2019

Recently remodeled 4 bedroom Townhouse in great location in Olney. Walk to shopping and restaurantsPets not allowed. Use GCAAR application

Last Agent to Rent the Property

Joanne Blum

(301) 943-6567 joanneblum@comcast.net RE/MAX Realty Centre, Inc. Listed on: 03/02/2019

RE/MAX Realty Centre, Inc.

Last Renter's Agent

Joanne Blum

(301) 943-6567 joanneblum@comcast.net RE/MAX Realty Centre, Inc. Listed on: 03/02/2019

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1986

Lot Details

  • 720

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Additional Features

  • 720 Sq Ft Lot
  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Rent includes trash removal
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 3/2/19
  • $50 Application Fee
  • Assessor Parcel Number 160802423663

Community Details

Overview

  • No Home Owners Association
  • Fair Hill Farm Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Date Available: 2019-03-02
  • Application Fee: 50.00
  • Lease Term: Negotiable
  • Pets Allowed: No
  • Rent Includes: Trash Removal
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 1

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1397
  • Living Area Sq Ft: 1397
  • Price Per Sq Ft: 1.50
  • Above Grade Finished Sq Ft: 1397
  • 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: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Horses: No
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 720.00
  • Zoning: PD9

Tax Info

  • Assessor Parcel Number: 13886109
  • Assessor Parcel Number: 160802423663

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2018
Closed on
Nov 8, 2018
Sold by
Larsen Constance J
Bought by
Wolfe Thomas and Wolfe Monica N
Seller's Agent
Joanne Blum
RE/MAX Realty Centre, Inc.
Buyer's Agent
Joanne Blum
RE/MAX Realty Centre, Inc.
List Price
$264,900
Sold Price
$266,000
Premium/Discount to List
$1,100
0.42%
Current Estimated Value
$406,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,947
Avg. Annual Appreciation
6.19%
Original Mortgage
$199,500
Outstanding Balance
$175,062
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$231,886

Purchase Details

Closed on
Nov 15, 2006
Sold by
Pantzinis Maria D
Bought by
Larsen Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Pantzinis Maria D
Bought by
Larsen Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,930
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2019 04/04/19 Rented $2,100 0.0% --
03/02/2019 03/02/19 For Rent $2,100 0.0% --
11/08/2018 11/08/18 Sold $266,000 +0.4% $159 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
10/07/2018 10/07/18 For Sale $264,900 -- $158 / 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 $3,793 $317,667 -- --
2024 $3,793 $298,533 $0 $0
2023 $3,554 $279,400 $132,000 $147,400
2022 $3,327 $271,800 $0 $0
2021 $3,195 $264,200 $0 $0
2020 $3,089 $256,600 $132,000 $124,600
2019 $3,061 $255,133 $0 $0
2018 $3,042 $253,667 $0 $0
2017 $2,996 $252,200 $0 $0
2016 -- $239,900 $0 $0
2015 $2,466 $227,600 $0 $0
2014 $2,466 $215,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC621698

Bright MLS

APN: 08-02423663