NOT LISTED FOR SALE

2947 McGee Way Olney, MD 20832

Estimated Value: $422,000 - $455,000

3 Beds
2.5 Baths
1,397 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $350,000 $251 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,797/month

Highlights

  • Colonial Architecture
  • Clubhouse
  • Traditional Floor Plan
  • Brooke Grove Elementary School Rated A
  • Vaulted Ceiling
  • Marble Flooring

About This Home

As of February 2021

FOR SECURITY REASONS NO VIDEOING, TELE-CONFERENCING, ZOOM, ETC, OF THE PROPERTY IS PERMITTED, NO EXCEPTIONS. Updated Three Finished Level Interior Townhouse in Fair Hill Farm. Over $30K in Upgrades & Updates! New Replacement Windows & Sliding Glass Door (2020), New Gutter & Trim Caps (2020) & New Carpet (2021). Main level includes updated kitchen with stainless steel appliances, white cabinetry with nickel hardware, under cabinet lightings, granite counters, and ceramic back splash. Marble floor in foyer and kitchen. Step down living room has sliding glass door to the patio. Formal dining room is open to the kitchen with serving bar. Updated powder room is located on the main level. Second level has two bedrooms and an updated full bathroom and laundry closet. The third level has primary bedroom with walk-in closet and primary bath plus an office. One year home warranty! Assigned parking space. Close to shopping centers and Olney Indoor Pool. Easy access to ICC to I-95 and I-370 to I-270. Due To The Covid-19 Virus: Only 1 Agent and Two (2) Adults Are Allowed In The House At One Time and ALL MUST WEAR MASKS. *** No Children Under The Age 18 Are Allowed In The House. ***All Of The Following Are Prohibited From Entering If Within The Last 14 Day They Have: ***Been Out Of The Country***Feeling Sick Or Have Been Exposed To Covid-19***Have or Recently Recoverd From Covid-19***Tested Positive For Covid-19. ***Show Signs of Covid-19

Last Agent to Sell the Property

Audrey Primozic

(301) 503-6554 aprimozic@erols.com Weichert, REALTORS License #91003 Listed on: 01/20/2021

Weichert, REALTORS

Last Buyer's Agent

Dale Gold

(301) 718-4100 dalegoldhomes@gmail.com Weichert, REALTORS License #0225055508

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1986

Lot Details

  • 720 Sq Ft Lot
  • Property is in good condition

HOA Fees

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,397 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Vaulted Ceiling
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio

Schools

  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Dispenser
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 64
  • Assessor Parcel Number 160802423275

Community Details

Overview

  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal, trash
  • Iko Management HOA, Phone Number (301) 924-4050
  • Environ Condos
  • Fair Hill Farm Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,128

Year Built

Built in 1986

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-01-29
  • Year Built: 1986
  • Assigned Parking Space Numbers: 805
  • Automatically Close On Close Date: No
  • Remarks Public: FOR SECURITY REASONS NO VIDEOING, TELE-CONFERENCING, ZOOM, ETC, OF THE PROPERTY IS PERMITTED, NO EXCEPTIONS. Updated Three Finished Level Interior Townhouse in Fair Hill Farm. Over $30K in Upgrades & Updates! New Replacement Windows & Sliding Glass Door (2020), New Gutter & Trim Caps (2020) & New Carpet (2021). Main level includes updated kitchen with stainless steel appliances, white cabinetry with nickel hardware, under cabinet lightings, granite counters, and ceramic back splash. Marble floor in foyer and kitchen. Step down living room has sliding glass door to the patio. Formal dining room is open to the kitchen with serving bar. Updated powder room is located on the main level. Second level has two bedrooms and an updated full bathroom and laundry closet. The third level has primary bedroom with walk-in closet and primary bath plus an office. One year home warranty! Assigned parking space. Close to shopping centers and Olney Indoor Pool. Easy access to ICC to I-95 and I-370 to I-270. Due To The Covid-19 Virus: Only 1 Agent and Two (2) Adults Are Allowed In The House At One Time and ALL MUST WEAR MASKS. *** No Children Under The Age 18 Are Allowed In The House. ***All Of The Following Are Prohibited From Entering If Within The Last 14 Day They Have: ***Been Out Of The Country***Feeling Sick Or Have Been Exposed To Covid-19***Have or Recently Recoverd From Covid-19***Tested Positive For Covid-19. ***Show Signs of Covid-19
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser, Water Heater
  • Flooring Type: Marble, Vinyl, Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Traditional, Pantry
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Office
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1397
  • Living Area Sq Ft: 1397
  • Price Per Sq Ft: 242.66
  • Above Grade Finished Sq Ft: 1397
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2947

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Street Lights
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 127.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 147.18
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Environ
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: IKO MANAGEMENT
  • HOA Phone: 3019244050
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 135700.00
  • Land Assessed Value: 132000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 720.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13886092
  • Tax Annual Amount: 3128.00
  • Assessor Parcel Number: 160802423275
  • Tax Lot: 64
  • Tax Total Finished Sq Ft: 1397
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/17/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 17, 2021
Sold by
Desousa Michael G
Bought by
Hall Laurie Elaine and Hall Glenn David
Seller's Agent
Audrey Primozic
Weichert, REALTORS
Buyer's Agent
Dale Gold
Weichert, REALTORS
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Current Estimated Value
$433,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,502
Avg. Annual Appreciation
4.68%
Original Mortgage
$332,500
Outstanding Balance
$297,896
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$135,606

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 21, 2015
Sold by
Fleming Paul B and Estate Of Christopher L Flemin
Bought by
Desousa Michael G
Seller's Agent
Michael Ray
Sunshine Properties Inc.
Buyer's Agent
Silvana Dias
Cupid Real Estate
List Price
$294,900
Sold Price
$294,000
Premium/Discount to List
-$900
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$264,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1990
Bought by
Fleming Christopher L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hall Laurie Elaine $350,000 Classic Settlements Inc
Desousa Michael G $294,000 Sage Title Group Llc
Fleming Christopher L $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Laurie Elaine $332,500
Previous Owner Desousa Michael G $264,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2021 02/17/21 Sold $350,000 +3.2% $251 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $339,000 +15.3% $243 / Sq Ft
05/21/2015 05/21/15 Sold $294,000 -0.3% $207 / Sq Ft View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $294,900 +0.3% $208 / Sq Ft
04/06/2015 04/06/15 Off Market $294,000 -- --
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 $3,948 $332,800 -- --
2024 $3,948 $312,000 $0 $0
2023 $4,382 $291,200 $132,000 $159,200
2022 $2,763 $283,367 $0 $0
2021 $2,628 $275,533 $0 $0
2020 $5,039 $267,700 $132,000 $135,700
2019 $2,436 $261,233 $0 $0
2018 $2,362 $254,767 $0 $0
2017 $2,262 $248,300 $0 $0
2016 $2,392 $236,233 $0 $0
2015 $2,392 $224,167 $0 $0
2014 $2,392 $212,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC741068

Bright MLS

APN: 08-02423275