Seller's Agent in 2024
Aaron LaMere
Century 21 Redwood Realty
(240) 668-4179
3 in this area
53 Total Sales
Estimated Value: $473,000 - $516,000
3
Beds
2.5
Baths
1,540
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Fireplace
- Central Heating and Cooling System
- Sherwood Elementary School Rated A
- Community Pool
About This Home
As of April 2024Discover the potential within this 3-bedroom, 2.5-bathroom townhouse nestled in the desirable Hollowell community of Olney, Maryland. While this property requires some tender loving care (TLC), it presents a unique opportunity for the savvy homeowner or investor to create a personalized haven in an established neighborhood.
As you step through the front door, envision the possibilities that the floor plan offers. The living room, though in need of a little attention, radiates with natural light, creating a warm and inviting atmosphere. The space is a blank canvas, awaiting your creative touch to transform it into a cozy retreat for family and friends.
The kitchen, while modest, is the heart of this home, awaiting a rejuvenation to bring it into the realm of modern convenience. With a vision and a dash of inspiration, you can craft a culinary space that perfectly suits your taste and lifestyle.
Upstairs, the three bedrooms hold promise for comfortable living. The master suite, with its private bath, stands ready to become a tranquil escape with the right enhancements. The additional bedrooms offer flexibility for guest quarters, a home office, or cozy hideaways for the family.
The lower level, with its potential family room provides an opportunity for additional living space. A perfect setting for relaxation or entertaining.
While this townhouse may need a bit of polish, its location within the Hollowell community is a testament to its inherent value. Take advantage of the nearby parks, explore the charm of Olney, and appreciate the convenience of major commuting routes just a stone's throw away.
Embrace the chance to turn this diamond in the rough into your dream home. With a little imagination and effort, you can revitalize this townhouse into a reflection of your unique style, creating a residence that not only meets your needs but exceeds your expectations. Don't miss out on the opportunity to make your mark in the sought-after Hollowell community of Olney, Maryland.
Last Agent to Sell the Property
(240) 668-4179 info@tlgestates.com Century 21 Redwood Realty License #661449 Listed on: 03/09/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,240
Year Built
- Built in 1989
Lot Details
- 1,890 Sq Ft Lot
HOA Fees
- $120 Monthly HOA Fees
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Basement with some natural light
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- 2 Assigned Parking Spaces
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number 160802743287
Community Details
Overview
- Lake Hallowell Subdivision
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2024
Closed on
Apr 15, 2024
Sold by
Bolt Sandra J
Bought by
Meresa Biniyam T
Seller's Agent
Aaron LaMere
Century 21 Redwood Realty
Buyer's Agent
Jennifer Drennan
Taylor Properties
List Price
$419,900
Sold Price
$460,000
Premium/Discount to List
$40,100
9.55%
Views
363
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,223
Avg. Annual Appreciation
3.31%
Original Mortgage
$451,668
Outstanding Balance
$444,907
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$40,316
Purchase Details
Closed on
Apr 27, 1989
Bought by
Bolt John C and S J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meresa Biniyam T | $460,000 | Abonar Title | |
| Meresa Biniyam T | $460,000 | Abonar Title | |
| Bolt John C | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meresa Biniyam T | $451,668 | |
| Closed | Meresa Biniyam T | $451,668 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $460,000 | +9.5% | $299 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | For Sale | $419,900 | 0.0% | $273 / Sq Ft |
| 03/08/2024 03/08/24 | Price Changed | $419,900 | -- | $273 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,484 | $378,233 | -- | -- |
| 2024 | $4,484 | $358,567 | $0 | $0 |
| 2023 | $1,774 | $338,900 | $158,400 | $180,500 |
| 2022 | $3,278 | $330,100 | $0 | $0 |
| 2021 | $3,014 | $321,300 | $0 | $0 |
| 2020 | $3,014 | $312,500 | $158,400 | $154,100 |
| 2019 | $2,921 | $305,200 | $0 | $0 |
| 2018 | $2,838 | $297,900 | $0 | $0 |
| 2017 | $2,816 | $290,600 | $0 | $0 |
| 2016 | -- | $283,800 | $0 | $0 |
| 2015 | $3,347 | $277,000 | $0 | $0 |
| 2014 | $3,347 | $270,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron LaMere
-
Jennifer Drennan
Buyer's Agent in 2024
Jennifer Drennan
Taylor Properties
(301) 318-5959
3 in this area
170 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2121538
APN: 08-02743287
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