NOT LISTED FOR SALE

2960 McGee Way Olney, MD 20832

Estimated Value: $330,000 - $351,000

2 Beds
1.5 Baths
946 Sq Ft
$364/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $210,000 $222 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,232/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Eat-In Kitchen
  • Brooke Grove Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

This is a Fannie Mae HomePath Property. Located in the heart of Olney convenient to all of the stores and social hot spots

Last Agent to Sell the Property

Faith Rosselle

(301) 570-9300 faith.rosselle@verizon.net Rosselle Realty Services License #MD4558 Listed on: 07/18/2014

Last Buyer's Agent

Miguel Ruiz

(301) 537-7063 mfrpro@gmail.com RE/MAX Realty Services License #SP00098568

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • $30 Other Monthly Fees
  • The community has rules related to alterations or architectural changes

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 160802423812

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,468

Year Built

Built in 1986

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Kitchen - Table Space, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

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

  • Construction Materials: Frame
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 90.00
  • Other Fees Frequency: Quarterly

Lot Info

  • Improvement Assessed Value: 76400.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 714
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 714.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: PD9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937187
  • Tax Annual Amount: 2468.13
  • Assessor Parcel Number: 160802423812
  • Tax Lot: 117
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 12/30/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Dec 30, 2014
Sold by
Fannie Mae
Bought by
Buitrago Angela M
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Miguel Ruiz
RE/MAX Realty Services
List Price
$269,000
Sold Price
$210,000
Premium/Discount to List
-$59,000
-21.93%
Current Estimated Value
$344,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,334
Avg. Annual Appreciation
4.68%
Original Mortgage
$216,805
Outstanding Balance
$165,510
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$178,824

Purchase Details

Closed on
Jun 11, 2014
Sold by
Seth Ketki
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2007
Sold by
Takacs
Bought by
Seth Ketki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Takacs
Bought by
Seth Ketki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Nafpaktitis Martha
Bought by
Takacs Andrea A

Purchase Details

Closed on
Oct 18, 1996
Sold by
Senko Gregory D
Bought by
Nafpaktitis Martha
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Buitrago Angela M $210,000 Fidelity Natl Title Ins Co
Federal National Mortgage Association $234,024 None Available
Seth Ketki $275,000 --
Seth Ketki $275,000 --
Takacs Andrea A $259,800 --
Nafpaktitis Martha $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buitrago Angela M $216,805
Previous Owner Seth Ketki $275,000
Previous Owner Seth Ketki $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $210,000 -5.8% $222 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
10/29/2014 10/29/14 Price Changed $223,000 -4.3% $236 / Sq Ft
09/22/2014 09/22/14 Price Changed $233,000 -6.0% $246 / Sq Ft
08/18/2014 08/18/14 Price Changed $248,000 -7.8% $262 / Sq Ft
07/18/2014 07/18/14 For Sale $269,000 -- $284 / 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 $3,611 $299,767 -- --
2024 $3,611 $282,733 $0 $0
2023 $4,088 $265,700 $132,000 $133,700
2022 $2,443 $254,433 $0 $0
2021 $2,125 $243,167 $0 $0
2020 $2,125 $231,900 $132,000 $99,900
2019 $2,100 $230,767 $0 $0
2018 $2,084 $229,633 $0 $0
2017 $2,118 $228,500 $0 $0
2016 $2,243 $217,800 $0 $0
2015 $2,243 $207,100 $0 $0
2014 $2,243 $196,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Faith Rosselle

    Seller's Agent in 2014

    Faith Rosselle

    Rosselle Realty Services

    (301) 570-9300

    2 in this area

    77 Total Sales

    Faith Rosselle
    Section Image
  • Miguel Ruiz

    Buyer's Agent in 2014

    Miguel Ruiz

    RE/MAX

    (301) 537-7063

    7 in this area

    117 Total Sales

    Miguel Ruiz
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003119116

Bright MLS

APN: 08-02423812

Maryland Montgomery County Olney 20832

2960 McGee Way, Olney, MD

This home is located at 2960 McGee Way, Olney, MD 20832 since 18 July 2014 and is currently estimated at $344,334, approximately $363 per square foot. This property was built in 1986. 2960 McGee Way is a home located in Montgomery County with nearby schools including Brooke Grove Elementary School, William H. Farquhar Middle School, and Sherwood High School.

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