$500,500
SOLD FEB 3, 2025

3113 Paladin Terrace Olney, MD 20832

3 Beds
4 Baths
1,683 Sq Ft
$71/mo HOA Fee

Recently Sold

$297 Per Sq Ft

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • More Than Two Accessible Exits
  • Brooke Grove Elementary School Rated A
  • 1 Fireplace
  • Brick Front

About This Home

As of February 2025

DEADLINE FOR OFFERS: FRIDAY AT 2:00 PM Location! Rarely available end unit in Fair Hill. Don’t miss this beautiful townhouse located in the heart of Olney. New roof, updated interiors with new paint. Lovely open floor plan. Host gatherings on the spacious deck off the kitchen. Deck has room for patio furniture and grill. On the basement level there is an additional bonus room that was used as a bedroom, but can be used for an office, craft room, or exercise space . Basement has a sliding glass door to walk out on to a fenced backyard. Enjoy the professional hardscape features for easy maintenance - no mowing grass here! Bedrooms have ample closet space and ceiling fans. All community amenities are just minutes away - grocery stores, THREE OF THEM! Banks, gym, salons, TJ Maxx, Homegoods, pharmacies, and more! There is plenty of parking for residents and guests. This home is move in ready! Don’t miss this gem in the heart of Olney! PLEASE NOTE: There are two HOA disclosures. One is monthly and the other is Quarterly.

Last Agent to Sell the Property

Vera Rizk

Weichert, REALTORS License #578711 Listed on: 01/08/2025

Weichert, REALTORS

Last Buyer's Agent

Claudia MacDonald

Redfin Corp License #667164

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1989

Lot Details

  • 2,240 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Community Details

  • Association fees include common area maintenance
  • $54 Other Monthly Fees
  • Townes At Environ Chambers Management HOA
  • Fair Hill Subdivision

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 160802742113

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,479

Year Built

Built in 1989

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-01-14
  • Year Built: 1989
  • Building Winterized: No
  • Remarks Public: DEADLINE FOR OFFERS: FRIDAY AT 2:00 PM Location! Rarely available end unit in Fair Hill. Don’t miss this beautiful townhouse located in the heart of Olney. New roof, updated interiors with new paint. Lovely open floor plan. Host gatherings on the spacious deck off the kitchen. Deck has room for patio furniture and grill. On the basement level there is an additional bonus room that was used as a bedroom, but can be used for an office, craft room, or exercise space . Basement has a sliding glass door to walk out on to a fenced backyard. Enjoy the professional hardscape features for easy maintenance - no mowing grass here! Bedrooms have ample closet space and ceiling fans. All community amenities are just minutes away - grocery stores, THREE OF THEM! Banks, gym, salons, TJ Maxx, Homegoods, pharmacies, and more! There is plenty of parking for residents and guests. This home is move in ready! Don’t miss this gem in the heart of Olney! PLEASE NOTE: There are two HOA disclosures. One is monthly and the other is Quarterly.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1683
  • Price Per Sq Ft: 407.68
  • Above Grade Finished Sq Ft: 1224
  • Below Grade Finished Sq Ft: 459
  • Below Grade Sq Ft: 153
  • Total Below Grade Sq Ft: 612
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3113

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • 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: 71.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: TOWNES AT ENVIRON CHAMBERS MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 162.63
  • Other Fees Frequency: Quarterly

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2240.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4479.00
  • Assessor Parcel Number: 160802742113
  • Tax Lot: 61
  • Tax Total Finished Sq Ft: 1683
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/03/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 3, 2025
Sold by
Sbitany Reema
Bought by
Boderman Jayme
Seller's Agent
Vera Rizk
Weichert, REALTORS
Buyer's Agent
Claudia MacDonald
Redfin Corp
List Price
$499,000
Sold Price
$500,500
Premium/Discount to List
$1,500
0.3%
Views
94
Current Estimated Value
$505,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,815
Avg. Annual Appreciation
1.56%
Original Mortgage
$475,475
Outstanding Balance
$472,544
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$32,771

Purchase Details

Closed on
Sep 23, 2024
Sold by
Reema Mohammad Sbitany Living Trust and Sbitany Reema Mohammad
Bought by
Sbitany Reema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2023
Sold by
Sbitany Seagle Reema
Bought by
Reema Mohammad Sbitany Living Trust and Sbitany

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 25, 2022
Sold by
Fuller Jon L
Bought by
Seagle Reema Sbitany
Seller's Agent
Alex Hodges
Cottage Street Realty LLC
Buyer's Agent
Vera Rizk
Weichert, REALTORS
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$374,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2001
Sold by
Fegan James G and Fegan H M
Bought by
Fuller Jon L and Fuller Vanessa R
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 Type Sale Price Title Company
Special Warranty Deed $500,500 First American Title
Special Warranty Deed $500,500 First American Title
Deed -- Classic Settlements
Deed -- Classic Settlements
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Deed $440,000 Fidelity National Title
Deed $193,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,475 New Conventional
Closed $475,475 New Conventional
Previous Owner $352,000 New Conventional
Previous Owner $374,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $500,500 +0.3% $297 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $499,000 +13.4% $296 / Sq Ft
10/25/2022 10/25/22 Sold $440,000 -4.1% $240 / Sq Ft
09/03/2022 09/03/22 For Sale $459,000 -- $250 / 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 $4,479 $390,267 -- --
2024 $4,479 $358,133 $0 $0
2023 $3,399 $326,000 $158,400 $167,600
2022 $3,835 $317,833 $0 $0
2021 $7,393 $309,667 $0 $0
2020 $7,107 $301,500 $158,400 $143,100
2019 $3,554 $299,800 $0 $0
2018 $3,533 $298,100 $0 $0
2017 $3,480 $296,400 $0 $0
2016 -- $282,033 $0 $0
2015 $3,814 $267,667 $0 $0
2014 $3,814 $253,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2161342

Bright MLS

APN: 08-02742113