NOT LISTED FOR SALE

3122 Paladin Terrace Olney, MD 20832

Estimated Value: $450,000 - $534,000

4 Beds
4 Baths
1,224 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $399,500 $326 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,091/month

28 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Level Entry For Accessibility
  • Brooke Grove Elementary School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of October 2020

NEW ROOF! NEW UPGRADE AND MODERN KITCHEN , NEW FLOOR, NEW LUXURY BATHROOMS! WALKING DISTANCE TO SHOPPING CENTER! COMMUNITY SWIMMING POOL!

Last Agent to Sell the Property

TU LIN

(301) 283-1134 folinllc@gmail.com Signature Home Realty LLC License #661943 Listed on: 08/15/2020

Signature Home Realty LLC

Last Buyer's Agent

Blanca Alvarez

(301) 674-7494 AlvarezRealtor1@gmail.com Smart Realty, LLC License #615955

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1989

Lot Details

  • 1,440

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Aluminum Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • 1,440 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 160802742740

Community Details

Overview

  • Fair Hill Farm Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,552

Year Built

Built in 1989

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Combination, Connecting Stairway, Fully Finished, Interior Access, Outside Entrance, Rear Entrance
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 326.39
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level 1 Bedroom: 1
  • 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 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level 2 Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143000.00
  • Land Assessed Value: 158400.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Zoning: PD9
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887500
  • Tax Annual Amount: 3552.00
  • Assessor Parcel Number: 160802742740
  • Tax Lot: 53
  • 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
Aug 15, 2020
Closed on
Oct 14, 2020
Sold by
Han Xiao Min
Bought by
Andrade Ada and Moreno Walter
Seller's Agent
TU LIN
Signature Home Realty LLC
Buyer's Agent
Blanca Alvarez
Smart Realty, LLC
List Price
$399,500
Sold Price
$399,500
Current Estimated Value
$498,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,362
Avg. Annual Appreciation
4.18%
Original Mortgage
$392,263
Outstanding Balance
$348,261
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$145,345

Purchase Details

Closed on
May 1, 2020
Sold by
Lee Ing Biau and Yuan Yuh An
Bought by
Han Xiao Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1993
Sold by
Kim J M
Bought by
Lee I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.73%
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
Andrade Ada $399,500 Kensington Realty Title Llc
Han Xiao Min $210,000 Main Street Settlements Inc
Lee I $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Ada $392,263
Closed Andrade Ada $11,767
Previous Owner Han Xiao Min $157,500
Previous Owner Lee I $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $399,500 0.0% $326 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $399,500 0.0% $326 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $399,500 -- $326 / 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 $4,804 $408,933 -- --
2024 $4,804 $386,367 $0 $0
2023 $4,527 $363,800 $158,400 $205,400
2022 $4,113 $343,000 $0 $0
2021 $3,835 $322,200 $0 $0
2020 $3,583 $301,400 $158,400 $143,000
2019 $3,553 $299,733 $0 $0
2018 $2,840 $298,067 $0 $0
2017 $2,788 $296,400 $0 $0
2016 $3,138 $282,033 $0 $0
2015 $3,138 $267,667 $0 $0
2014 $3,138 $253,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TU LIN

    Seller's Agent in 2020

    TU LIN

    Signature Home Realty LLC

    (301) 283-1134

    53 Total Sales

    TU LIN
    Section Image
  • Blanca Alvarez

    Buyer's Agent in 2020

    Blanca Alvarez

    Smart Realty, LLC

    (301) 674-7494

    60 Total Sales

    Blanca Alvarez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC721366

Bright MLS

APN: 08-02742740

Maryland Montgomery County Olney 20832

3122 Paladin Terrace, Olney, MD

Not Listed for Sale

Townhouses

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