NOT LISTED FOR SALE

2951 McGee Way Olney, MD 20832

Estimated Value: $355,064 - $366,000

2 Beds
1.5 Baths
1,040 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $264,900 $255 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,334/month

Highlights

  • Private Pool
  • Colonial Architecture
  • Wood Flooring
  • Brooke Grove Elementary School Rated A
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of April 2018

SPACIOUS TWO-LEVEL, TWO BEDROOM HOME WITH GORGEOUS NEW FLOORS, QUARTZ COUNTER TOPS, CERAMIC TILE AND STAINLESS APPLIANCES. SLIDING GLASS DOOR OPENS TO BACKYARD THAT OVERLOOKS THE TENNIS COURTS. GREAT LOCATION CLOSE TO SHOPPING AND DINING.

Last Agent to Sell the Property

William Coulter

(301) 461-5411 billcoulter.remax@gmail.com RE/MAX Realty Centre, Inc. License #77978 Listed on: 03/16/2018

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Sarah Grinder

(202) 431-3939 sarah.grinder@compass.com Compass License #SP98378119

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1985

Lot Details

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

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 802
  • 1 Assigned Parking Space

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 160802423253

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, insurance, recreation facility, reserve funds
  • $40 Other Monthly Fees
  • Fair Hill Farm Community
  • Fair Hill Farm Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,718

Year Built

Built in 1985

Lot Details

0

HOA Fees

$120 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
  • Year Built: 1985
  • Remarks Public: SPACIOUS TWO-LEVEL, TWO BEDROOM HOME WITH GORGEOUS NEW FLOORS, QUARTZ COUNTER TOPS, CERAMIC TILE AND STAINLESS APPLIANCES. SLIDING GLASS DOOR OPENS TO BACKYARD THAT OVERLOOKS THE TENNIS COURTS. GREAT LOCATION CLOSE TO SHOPPING AND DINING.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 254.71
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2951

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 802

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Recreation Facility, Reserve Funds
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 120.00
  • Other Fees Frequency: Quarterly

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 97700.00
  • Land Assessed Value: 132000.00
  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.02
  • Lot Size Area: 720
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 720.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: PD9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937159
  • Tax Annual Amount: 2718.21
  • Assessor Parcel Number: 160802423253
  • Tax Lot: 62
  • Tax Total Finished Sq Ft: 1040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/24/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 24, 2018
Sold by
Nelson Robert
Bought by
Rawson Patrick A
Seller's Agent
William Coulter
RE/MAX Realty Centre, Inc.
Buyer's Agent
Sarah Grinder
Compass
List Price
$264,900
Sold Price
$264,900
Current Estimated Value
$360,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,866
Avg. Annual Appreciation
4.20%
Original Mortgage
$211,920
Outstanding Balance
$182,248
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$178,518

Purchase Details

Listed on
Apr 27, 2013
Closed on
Aug 16, 2013
Sold by
Givvines Christopher Lee and Givvines Mary Said
Bought by
Nelson Robert
Seller's Agent
Annette Wagner
Centurion Properties
Buyer's Agent
William Coulter
RE/MAX Realty Centre, Inc.
List Price
$246,000
Sold Price
$240,000
Premium/Discount to List
-$6,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$192,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Plumer Frank J
Bought by
Givvines Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Plumer Frank J
Bought by
Givvines Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Plumer Frank J
Bought by
Plumer Frank J and Plumer Michelle A

Purchase Details

Closed on
Sep 6, 1995
Sold by
Carlson Brent W
Bought by
Plumer Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,900
Interest Rate
7.8%
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
Rawson Patrick A $264,900 Pinnacle Title & Escrow Inc
Nelson Robert $240,000 Stewart Title
Givvines Christopher Lee $270,000 --
Givvines Christopher Lee $270,000 --
Plumer Frank J -- --
Plumer Frank J $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawson Patrick A $211,920
Previous Owner Nelson Robert $192,000
Previous Owner Givvines Christopher Lee $243,000
Previous Owner Givvines Christopher Lee $243,000
Previous Owner Plumer Frank J $93,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2018 04/24/18 Sold $264,900 0.0% $255 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $264,900 +10.4% $255 / Sq Ft
08/16/2013 08/16/13 Sold $240,000 -1.4% $231 / Sq Ft View Prior Sale
06/09/2013 06/09/13 Pending -- -- --
05/09/2013 05/09/13 Price Changed $243,500 -1.0% $234 / Sq Ft
04/27/2013 04/27/13 For Sale $246,000 -- $237 / 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 $3,681 $306,633 -- --
2024 $3,681 $288,867 $0 $0
2023 $4,150 $271,100 $132,000 $139,100
2022 $2,475 $257,300 $0 $0
2021 $2,275 $243,500 $0 $0
2020 $2,100 $229,700 $132,000 $97,700
2019 $2,076 $228,567 $0 $0
2018 $2,060 $227,433 $0 $0
2017 $2,026 $226,300 $0 $0
2016 $2,753 $215,767 $0 $0
2015 $2,753 $205,233 $0 $0
2014 $2,753 $194,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000276592

Bright MLS

APN: 08-02423253