NOT LISTED FOR SALE

3042 Gatehouse Ct Olney, MD 20832

Estimated Value: $548,000 - $570,000

3 Beds
2.5 Baths
1,705 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $525,000 $308 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,491/month

Highlights

  • Colonial Architecture
  • Community Pool
  • 1 Car Direct Access Garage
  • Brooke Grove Elementary School Rated A
  • Community Basketball Court
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

You'll love this location! Wonderful garage townhouse in James Creek. Granite and stainless kitchen, easy care laminate floors, updated master bath. The home is near the end of the street in the cul-de-sac and there is extra parking! One block to the pool! Walk to the shops in Olney! Best kept secret in town!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 05/01/2023

EXP Realty, LLC

Last Buyer's Agent

Bonnie Sanger

(301) 924-8200 bonniesanger@gmail.com EXP Realty, LLC License #300884

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1992

Lot Details

  • 1,720 Sq Ft Lot

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160802912635

Community Details

Overview

  • Association fees include pool(s), trash, management, common area maintenance
  • James Creek Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,487

Year Built

Built in 1992

Lot Details

0

HOA Fees

$76 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-05-04
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 1705
  • Price Per Sq Ft: 378.68
  • Above Grade Finished Sq Ft: 1360
  • Below Grade Finished Sq Ft: 345
  • Below Grade Sq Ft: 295
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet

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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 76.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Trash, Management, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1720.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4487.00
  • Assessor Parcel Number: 160802912635
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 23, 2023
Sold by
Lally Ryan
Bought by
Mowell Bryan
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Bonnie Sanger
EXP Realty, LLC
Sold Price
$525,000
Views
5
Current Estimated Value
$560,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,252
Avg. Annual Appreciation
2.45%
Original Mortgage
$335,000
Outstanding Balance
$325,480
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$234,772

Purchase Details

Closed on
Mar 30, 2021
Sold by
Lally Ryan and Harrell Amy
Bought by
Lally Ryan and Lally Amy K

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 28, 2020
Sold by
Newby Brian D and Newby Carmella Jessica
Bought by
Lally Ryan and Harrell Amy
Seller's Agent
Marie Lagos
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jane Stillwell
RE/MAX Realty Centre, Inc.
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$402,573
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jan 16, 2018
Sold by
Cannon Susan
Bought by
White Brian D and Newby Brian
Seller's Agent
Robert Spicer
Spicer Real Estate
Buyer's Agent
Janice Fife
Weichert, REALTORS
List Price
$415,000
Sold Price
$394,000
Premium/Discount to List
-$21,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$374,300
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
Kalakikos Judy M
Bought by
Cannon Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2001
Sold by
Bazemore Judy K
Bought by
Kalakikos Judy M

Purchase Details

Closed on
Jun 6, 2000
Sold by
Ruppert Christopher
Bought by
Bazemore Judy K

Purchase Details

Closed on
Oct 27, 1999
Sold by
Riddle Derrick and Riddle M J
Bought by
Ruppert Chrostopher
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
Mowell Bryan $525,000 Main Street Settlements
Mowell Bryan $525,000 Main Street Settlements
Lally Ryan -- Accommodation
Lally Ryan $410,000 Main Street Settlements Inc
White Brian D $394,000 First American Title Ins Co
Cannon Susan $432,000 --
Kalakikos Judy M -- --
Bazemore Judy K $183,000 --
Ruppert Chrostopher $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowell Bryan $335,000
Closed Mowell Bryan $335,000
Previous Owner Lally Ryan $402,573
Previous Owner White Brian D $374,300
Previous Owner Cannon Susan $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $525,000 +28.0% $308 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/28/2020 02/28/20 Sold $410,000 0.0% $311 / Sq Ft View Prior Sale
02/04/2020 02/04/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $410,000 +4.1% $311 / Sq Ft
01/18/2018 01/18/18 Sold $394,000 -1.2% $298 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $398,900 -3.9% $302 / Sq Ft
10/09/2017 10/09/17 For Sale $415,000 -- $314 / Sq Ft
Source: Bright MLS

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 $5,300 $463,867 -- --
2024 $5,300 $429,433 $0 $0
2023 $5,578 $395,000 $158,400 $236,600
2022 $3,795 $376,967 $0 $0
2021 $3,548 $358,933 $0 $0
2020 $3,327 $340,900 $158,400 $182,500
2019 $3,241 $334,167 $0 $0
2018 $3,165 $327,433 $0 $0
2017 $3,099 $320,700 $0 $0
2016 $3,604 $309,000 $0 $0
2015 $3,604 $297,300 $0 $0
2014 $3,604 $285,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2091058

Bright MLS

APN: 08-02912635