NOT LISTED FOR SALE

3357 Megans Way Olney, MD 20832

Estimated Value: $803,000 - $854,000

5 Beds
3.5 Baths
3,724 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $805,000 $216 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,190/month

5 Days on Market

Highlights

  • Spa
  • Lake Privileges
  • Garden View
  • Sherwood Elementary School Rated A
  • Colonial Architecture
  • Water Fountains

About This Home

As of July 2024

** OFFER DEADLINE: Wednesday, June 5th at 1 PM** This conveniently located home is listed to find its new owner nearly overnight! Boasting some of the best property features found in the neighborhood, plenty of natural light flows throughout the entire home, captivating the spacious rooms, hardwood floors, and new carpet. The eat-in kitchen is perfect for dinner parties or casual entertaining that can carry out onto the spacious English-garden style patio and fully fenced yard with a jacuzzi. From Spring through Fall, the patio is an oasis that offers beautiful scenery of trees, shrubs, and various colorful flowering plants. Hallowell is a very unique and special community that boasts a beautiful and well-maintained pool and swim team, tennis and pickleball courts, well-maintained walking paths, and a community-centric HOA that sponsors a wide variety of social activities throughout the Summer and Fall for its residents. In the past, these events included outdoor ice cream socials, barbeques, live music events at the pond gazebo, a Halloween costume parade for children, an adult evening wine and cheese social at the pool, a birdhouse building project for families, outdoor movies by the pond, community yard sales, and a Fall Festival with games, face-painting, and entertainment for children. The HOA and its associated volunteer committees work hard to ensure that dues are well-managed and spent so that all residents can enjoy a well-managed, attractive, safe, and pleasant community. If you’re looking for a home that is a quiet escape but is still just a short walk to an extensive series of attractive walking paths throughout the community, a public bus stop to the Glenmont Metro, Olney Village Center with plenty of shopping and dining options, Olney Sandy Spring Road, Georgia Avenue, the ICC (200), parks, and lakes, then this home is calling your name!

Last Agent to Sell the Property

Sabrina Solis

RE/MAX Realty Centre, Inc. License #667635 Listed on: 05/30/2024

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Sunno Sahani-Jhangiani

Samson Properties License #SP40000408

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1986

Lot Details

  • 10,081 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned RE2

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Garden Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Crawl Space

Home Security

  • Alarm System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Spa
  • Lake Privileges
  • Brick Porch or Patio
  • Water Fountains

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • James Hubert Blake High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Dehumidifier
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 160802568145

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Hallowell Homeowners Association
  • Hallowell Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,525

Year Built

Built in 1986

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-30
  • Federal Flood Zone: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: ** OFFER DEADLINE: Wednesday, June 5th at 1 PM** This conveniently located home is listed to find its new owner nearly overnight! Boasting some of the best property features found in the neighborhood, plenty of natural light flows throughout the entire home, captivating the spacious rooms, hardwood floors, and new carpet. The eat-in kitchen is perfect for dinner parties or casual entertaining that can carry out onto the spacious English-garden style patio and fully fenced yard with a jacuzzi. From Spring through Fall, the patio is an oasis that offers beautiful scenery of trees, shrubs, and various colorful flowering plants. Hallowell is a very unique and special community that boasts a beautiful and well-maintained pool and swim team, tennis and pickleball courts, well-maintained walking paths, and a community-centric HOA that sponsors a wide variety of social activities throughout the Summer and Fall for its residents. In the past, these events included outdoor ice cream socials, barbeques, live music events at the pond gazebo, a Halloween costume parade for children, an adult evening wine and cheese social at the pool, a birdhouse building project for families, outdoor movies by the pond, community yard sales, and a Fall Festival with games, face-painting, and entertainment for children. The HOA and its associated volunteer committees work hard to ensure that dues are well-managed and spent so that all residents can enjoy a well-managed, attractive, safe, and pleasant community. If you’re looking for a home that is a quiet escape but is still just a short walk to an extensive series of attractive walking paths throughout the community, a public bus stop to the Glenmont Metro, Olney Village Center with plenty of shopping and dining options, Olney Sandy Spring Road, Georgia Avenue, the ICC (200), parks, and lakes, then this home is calling your name!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Window Features: Screens, Skylights, Storm
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel, Storm
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Foyer, Breakfast Room, Study, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Sump Pump
  • Laundry Type: Lower Floor, Basement
  • Total Sq Ft: 4232
  • Living Area Sq Ft: 3724
  • Price Per Sq Ft: 305.37
  • Above Grade Finished Sq Ft: 2456
  • Below Grade Finished Sq Ft: 1268
  • Below Grade Sq Ft: 508
  • Total Below Grade Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3357

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Hot Tub, Water Fountains
  • View: Garden/Lawn
  • 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
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Dehumidifier, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Community Center, Jog/Walk Path, Party Room, Pool - Outdoor, Common Grounds, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: HALLOWELL HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SHERWOOD
  • Middle School: WILLIAM H. FARQUHAR
  • High School: JAMES HUBERT BLAKE
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10081.00
  • Outdoor Living Structures: Patio(s), Brick
  • Year Assessed: 2024
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6525.00
  • Assessor Parcel Number: 160802568145
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2776
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/05/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 5, 2024
Sold by
Arias Jonathan and Morales Flor Marisela
Bought by
Kwak Willard K
Seller's Agent
Sabrina Solis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Sunno Sahani-Jhangiani
Samson Properties
List Price
$750,000
Sold Price
$805,000
Premium/Discount to List
$55,000
7.33%
Views
63
Current Estimated Value
$826,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,824
Avg. Annual Appreciation
3.90%
Original Mortgage
$603,750
Outstanding Balance
$597,125
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$244,412

Purchase Details

Closed on
Feb 7, 2017
Sold by
Arias Jonathan and Morales Flor Marisela
Bought by
Arias Jonathan and Morales Flor Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Smith James A and Smith Angela K
Bought by
Arias Jonathan and Arias Marisela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,600
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Smith James A and Smith Angela K
Bought by
Arias Jonathan and Arias Marisela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,600
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Kotzker Brian D and Kotzker B R
Bought by
Smith James A and Smith Angela K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kwak Willard K $805,000 Commonwealth Land Title
Arias Jonathan -- Certified Title Corporation
Arias Jonathan $659,500 --
Arias Jonathan $659,500 --
Smith James A $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwak Willard K $603,750
Previous Owner Arias Jonathan $190,000
Previous Owner Arias Jonathan $422,000
Previous Owner Arias Jonathan $527,600
Previous Owner Arias Jonathan $527,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $805,000 +7.3% $216 / Sq Ft
05/30/2024 05/30/24 For Sale $750,000 -- $201 / 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 $6,886 $588,700 -- --
2024 $6,886 $559,300 $0 $0
2023 $5,833 $529,900 $259,600 $270,300
2022 $5,344 $510,000 $0 $0
2021 $4,826 $490,100 $0 $0
2020 $4,826 $470,200 $259,600 $210,600
2019 $4,810 $470,200 $259,600 $210,600
2018 $4,812 $470,200 $259,600 $210,600
2017 $5,029 $481,100 $0 $0
2016 -- $469,800 $0 $0
2015 $5,251 $458,500 $0 $0
2014 $5,251 $447,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2133576

Bright MLS

APN: 08-02568145