NOT LISTED FOR SALE

3342 Megans Way Olney, MD 20832

Estimated Value: $789,000 - $857,000

4 Beds
2.5 Baths
2,800 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $573,000 $205 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,040/month

53 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Tennis Courts
  • Sherwood Elementary School Rated A
  • Community Pool
  • Jogging Path

About This Home

As of June 2018

Absolutely stunning in every respect. Central family room with cozy FP adjacent to tablespace kitchen. Wide-plank hardwood floors throughout the main level and freshly painted with contemporary grey and white accent moldings. Brand new plush carpet expertly installed on upper level. Spotless everywhere. Laundry/mudroom at garage entrance and off-kitchen.

Last Agent to Sell the Property

John Sheehan

(240) 750-0816 betterhomewithjohn@gmail.com Weichert, REALTORS License #509470 Listed on: 02/28/2018

Weichert, REALTORS

Last Buyer's Agent

Karen Barnett

(240) 205-1060 karen.barnett@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1987

Lot Details

  • 10,367 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Fireplace Mantel
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 160802567972

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s), reserve funds
  • Hallowell Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,904

Year Built

Built in 1987

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-03-01
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Built-Ins, Chair Railings, Crown Moldings, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Equipment, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 205.32
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Pool Private: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s), Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 238200.00
  • Land Assessed Value: 260500.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10367
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10367.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13886732
  • Tax Annual Amount: 5904.26
  • Assessor Parcel Number: 160802567972
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Jun 1, 2018
Sold by
Guillie Gregory P and Guillie Robin L
Bought by
Morris Stephen and Galanko Corinne
Seller's Agent
John Sheehan
Weichert, REALTORS
Buyer's Agent
Karen Barnett
Long & Foster Real Estate, Inc.
List Price
$619,900
Sold Price
$573,000
Premium/Discount to List
-$46,900
-7.57%
Current Estimated Value
$822,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,015
Avg. Annual Appreciation
4.92%
Original Mortgage
$487,050
Outstanding Balance
$420,399
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$401,616

Purchase Details

Closed on
Apr 27, 2007
Sold by
Hill Fred E
Bought by
Guillie Gregory P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 16, 2007
Sold by
Hill Fred E
Bought by
Guillie Gregory P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
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
Morris Stephen $573,000 Rgs Title Llc
Guillie Gregory P $618,000 --
Guillie Gregory P $618,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Stephen $487,050
Previous Owner Guillie Gregory P $123,600
Previous Owner Guillie Gregory P $494,400
Previous Owner Guillie Gregory P $494,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $573,000 -0.3% $205 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $574,900 -4.2% $205 / Sq Ft
03/21/2018 03/21/18 Price Changed $599,950 -3.2% $214 / Sq Ft
03/08/2018 03/08/18 For Sale $619,900 +8.2% $221 / Sq Ft
02/28/2018 02/28/18 Off Market $573,000 -- --
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 $7,696 $666,033 -- --
2024 $7,696 $629,667 $0 $0
2023 $6,563 $593,300 $260,500 $332,800
2022 $5,933 $563,400 $0 $0
2021 $5,548 $533,500 $0 $0
2020 $5,194 $503,600 $260,500 $243,100
2019 $5,161 $501,967 $0 $0
2018 $5,145 $500,333 $0 $0
2017 $5,212 $498,700 $0 $0
2016 $5,384 $487,233 $0 $0
2015 $5,384 $475,767 $0 $0
2014 $5,384 $464,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000131384

Bright MLS

APN: 08-02567972