NOT LISTED FOR SALE

3003 Paladin Terrace Olney, MD 20832

Estimated Value: $415,000 - $529,000

3 Beds
4 Baths
1,224 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $380,000 $310 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,996/month

38 Days on Market

Highlights

  • Clubhouse
  • Wood Burning Stove
  • Attic
  • Brooke Grove Elementary School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of July 2020

This 3 Bedroom, 2 Full Bath & 2 Half Bath Townhome is waiting for you in the sought after community of Fair Hill Farms in Olney! Main Level offers spacious Living Room, 1 Large Coat Closet, 1 Storage Closet, a Updated Half Bath and a Bright Eat in Kitchen with Slider leading to a New Deck overlooking Woods and Tennis Courts. Upper Level offers Master Bedroom with Updated Master Bath and 2 Large Closets, a Hall Updated Full Bathroom and 2 additional Bedrooms. The Lower Level you will find the Family Room with Wood Burning Fireplace, a Walk-Out Sliding Door, a separate room for an office, a Laundry Room, a Half Bath and an additional closet for plenty of storage. This townhome is close to Shopping, Restaurants, Schools, Places of Worship, Parks and Commuter Routes not to mention the Community Swimming Pool.

Last Agent to Sell the Property

Matina Pino

(240) 447-6127 matina.pino@lnf.com Long & Foster Real Estate, Inc. License #645732 Listed on: 05/08/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Nathan Dart

(301) 461-0693 team@darthomes.com RE/MAX Realty Group License #514678

RE/MAX Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1989

Lot Details

  • 1,440 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Carpet
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 160802742625

Community Details

Overview

  • $527 Recreation Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, snow removal, trash
  • Fair Hill Farm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,500

Year Built

Built in 1989

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Primary Bath(s), Pantry, Stove - Wood
  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Walkout Level
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 310.46
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Composite
  • 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

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 67.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 527.00
  • Association Recreation Fee: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 138300.00
  • Land Assessed Value: 158400.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Property Condition: Very Good
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13887494
  • Tax Annual Amount: 3500.00
  • Assessor Parcel Number: 160802742625
  • Tax Lot: 138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 31, 2020
Sold by
Shechtman William M
Bought by
Fossung Dilys A
Seller's Agent
Matina Pino
Long & Foster Real Estate, Inc.
Buyer's Agent
Nathan Dart
RE/MAX Realty Group
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$480,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,892
Avg. Annual Appreciation
4.50%
Original Mortgage
$373,117
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2005
Sold by
Schmelter Donald J
Bought by
Shechtman William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

Purchase History

Date Buyer Sale Price Title Company
Fossung Dilys A $380,000 Flynn Title
Shechtman William M $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fossung Dilys A $373,117
Previous Owner Shechtman William M $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $380,000 0.0% $310 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $380,000 0.0% $310 / Sq Ft
06/08/2020 06/08/20 Off Market $380,000 -- --
05/08/2020 05/08/20 For Sale $380,000 -- $310 / 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 $4,805 $394,267 -- --
2024 $4,805 $386,433 $0 $0
2023 $981 $378,600 $158,400 $220,200
2022 $3,512 $351,300 $0 $0
2021 $3,162 $324,000 $0 $0
2020 $2,839 $296,700 $158,400 $138,300
2019 $2,809 $295,000 $0 $0
2018 $2,788 $293,300 $0 $0
2017 $2,737 $291,600 $0 $0
2016 $3,068 $277,567 $0 $0
2015 $3,068 $263,533 $0 $0
2014 $3,068 $249,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC705918

Bright MLS

APN: 08-02742625