NOT LISTED FOR SALE

2938 McGee Way Olney, MD 20832

Estimated Value: $335,000 - $360,000

2 Beds
1.5 Baths
946 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $268,000 $283 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,284/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Brooke Grove Elementary School Rated A
  • Community Pool

About This Home

As of July 2019

Great Town House in Desirable Olney, Maryland. Spartan Rd. & 108 location.... 2BR 1.5Baths END UNIT.... Tennis Courts & Pool!! This Unit Backs up to the Park in Olney where Many Events are Held!! Near All the Shopping including Giant ...Harris Teeter....Safeway..... Others ..... Near the Banks CVS Green Turtle etc. $15,000 IN IMPROVEMENTS last 20 mos INCL New Shingles Roofing 2018; New Chimney Cap 2017. BEST LOCATION in OLNEYLOCATION, LOCATION, LOCATION! NESTLED IN THE SOUGHT AFTER ENVIRON SUBDIVISION, JUST STEPS AWAY FROM ALL OLNEY HAS TO OFFER. WALK TO SHOPPING, RESTAURANTS, FARMERS MARKET AND MORE. THIS 2 BED, 1.5 BATH TOWNHOME HAS ONE OF THE BEST VIEWS IN THE NEIGHBORHOOD, PRIVATELY LOCATED BACKING TO TREES AND GREEN SPACE. INSIDE HAS BEEN UPDATED AS WELL FEATURING NEW LAMINATE FLOORING, AND CARPET, REMODELED BATHROOMS, NEW STOVE AND FRESHLY PAINTED THROUGHOUT. IT'S READY TO MOVE-IN!!!

Last Agent to Sell the Property

Thomas Hennerty

(844) 282-0702 netrealty@netrealtynow.com NetRealtyNow.com, LLC License #5092 Listed on: 05/21/2019

Last Buyer's Agent

Nazir Ullah

(301) 537-9885 NAZIR.ULLAH@LONGANDFOSTER.COM Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1986

Lot Details

  • 802

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 946 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 802 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 160802423708

Community Details

Overview

  • Fair Hill Farm Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,792

Year Built

Built in 1986

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Remarks Public: Great Town House in Desirable Olney, Maryland. Spartan Rd. & 108 location.... 2BR 1.5Baths END UNIT.... Tennis Courts & Pool!! This Unit Backs up to the Park in Olney where Many Events are Held!! Near All the Shopping including Giant ...Harris Teeter....Safeway..... Others ..... Near the Banks CVS Green Turtle etc. $15,000 IN IMPROVEMENTS last 20 mos INCL New Shingles Roofing 2018; New Chimney Cap 2017. BEST LOCATION in OLNEYLOCATION, LOCATION, LOCATION! NESTLED IN THE SOUGHT AFTER ENVIRON SUBDIVISION, JUST STEPS AWAY FROM ALL OLNEY HAS TO OFFER. WALK TO SHOPPING, RESTAURANTS, FARMERS MARKET AND MORE. THIS 2 BED, 1.5 BATH TOWNHOME HAS ONE OF THE BEST VIEWS IN THE NEIGHBORHOOD, PRIVATELY LOCATED BACKING TO TREES AND GREEN SPACE. INSIDE HAS BEEN UPDATED AS WELL FEATURING NEW LAMINATE FLOORING, AND CARPET, REMODELED BATHROOMS, NEW STOVE AND FRESHLY PAINTED THROUGHOUT. IT'S READY TO MOVE-IN!!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 946
  • Living Area Sq Ft: 946
  • Price Per Sq Ft: 283.30
  • Above Grade Finished Sq Ft: 946
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2938

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
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96500.00
  • Land Assessed Value: 132000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 802.00
  • Year Assessed: 2019
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937182
  • Tax Annual Amount: 2792.00
  • Assessor Parcel Number: 160802423708
  • Tax Lot: 106
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/12/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 12, 2019
Sold by
Phillips Eric J
Bought by
Alam Mohsin T and Sultana Salma
Seller's Agent
Thomas Hennerty
NetRealtyNow.com, LLC
Buyer's Agent
Nazir Ullah
Long & Foster Real Estate, Inc.
List Price
$268,000
Sold Price
$268,000
Current Estimated Value
$349,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,889
Avg. Annual Appreciation
4.34%
Original Mortgage
$259,960
Outstanding Balance
$227,748
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$122,141

Purchase Details

Closed on
Dec 31, 2002
Sold by
Fitch James A
Bought by
Phillips Eric J

Purchase Details

Closed on
Aug 3, 1999
Sold by
Kiminas Marika L
Bought by
Fitch James A

Purchase Details

Closed on
Dec 12, 1995
Sold by
David S Daubert
Bought by
Kiminas Marika L
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
Alam Mohsin T $268,000 Rgs Title
Phillips Eric J $158,000 --
Fitch James A $109,000 --
Kiminas Marika L $103,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Mohsin T $259,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $268,000 0.0% $283 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $268,000 -- $283 / 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 $3,723 $310,700 -- --
2024 $3,723 $292,500 $0 $0
2023 $4,187 $274,300 $132,000 $142,300
2022 $2,507 $260,167 $0 $0
2021 $2,303 $246,033 $0 $0
2020 $2,125 $231,900 $132,000 $99,900
2019 $2,792 $230,767 $0 $0
2018 $2,776 $229,633 $0 $0
2017 $2,742 $228,500 $0 $0
2016 -- $217,800 $0 $0
2015 $2,935 $207,100 $0 $0
2014 $2,935 $196,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC659974

Bright MLS

APN: 08-02423708