NOT LISTED FOR SALE

3400 Megans Way Olney, MD 20832

Estimated Value: $867,000 - $948,000

4 Beds
3.5 Baths
4,171 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $810,000 $194 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,498/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • 2 Fireplaces
  • Sherwood Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of May 2022

You will love everything about this wonderful 4-bedroom home with 3 full and a half baths as well as a finished lower level located on a cul-de-sac in popular Hallowell. This stunning brick Colonial home is one of the largest models in the community. The entry foyer with hardwood floors flows seamlessly to your sun-soaked formal living room and spacious dining room, offering the perfect backdrop for elegant and sophisticated entertaining. Just off the foyer, French doors provide access to your private office ideal for working from home. The tastefully renovated gourmet kitchen features granite countertops, stainless steel appliances, and hardwood flooring. The spacious breakfast area opens to a huge cozy family room with a wood-burning stone surrounding fireplace and built-in bookcases, making it perfect for intimate family gatherings and large-scale entertaining! Enjoy a beautiful deck where you can enjoy those warm weather days The upper level features an owner's suite with vaulted ceilings a sitting room and 3 additional spacious bedrooms. The huge basement has endless possibilities! Plenty of room for everyone with space for movie and game nights, a home fitness center, a full bathroom, two additional rooms, and an abundance of storage. A two-car garage and additional visitor parking off the street. Live the Hallowell lifestyle and enjoy parades, community garden projects, food trucks, neighborhood socials, Hallowell swim team and so much more! There's something for everyone whether it's shopping or going out to eat in Olney or getting outside to enjoy the numerous hiking, biking, and playgrounds nearby. Welcome home!

RECENT IMPROVEMENTS:
2021 - Roof replaced (30-year transferable warranty); 2021 - Kitchen Improvements: garbage disposal replaced, gas stovetop: granite countertop: refrigerator, backsplash, dishwasher, hardwood floor; 2021- Chimney insert; 2021-Skylight x2 replaced; 2021-Garage window replaced; 2021-Celling fans x3; 2021-Basement carpet; 2020 - Painted the entire interior of the home
2020- All interior and exterior light fixtures upgraded/replaced (additional ceiling lights added); 2021 - New toilet, faucets in the sink; 2020 - Exterior Dryer vent and interior pipe replaced.
2018- Hot water heater (high-capacity, hot water circulator, tank capacity extender)
2018 - Smoke detectors replaced.; 2017 - New seamless high-capacity gutters and gutter guards 2021 - All switches and outlets replaced; 2016 - Blinds installed throughout; 2015 - HVAC full-system replacement with a high-efficiency system with 10 years warranty.2010-Exterior replumbing from main to meter; 2007-Interior replumb from Pb Pipes to Copper Pipes.

Last Agent to Sell the Property

Margarita Soule

(240) 535-1041 usmargo@yahoo.com RE/MAX Realty Services Listed on: 04/27/2022

RE/MAX Realty Services

Last Buyer's Agent

Jami Dennis

(301) 466-2008 dmvdigs@gmail.com RE/MAX Realty Centre, Inc. License #0225201917

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Interior Basement Entry
  • Sump Pump

Accessible Home Design

  • Halls are 36 inches wide or more

Schools

  • Sherwood Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160802509135

Community Details

Overview

  • Community Association Services, Inc. HOA, Phone Number (301) 840-1800
  • Hallowell Subdivision
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,680

Year Built

Built in 1991

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven - Wall, Refrigerator
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Family Room Off Kitchen, Pantry, Store/Office, Window Treatments, Wood Floors, Breakfast Area, Combination Dining/Living
  • Window Features: Double Pane
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Interior Access
  • Total Sq Ft: 4171
  • Living Area Sq Ft: 4171
  • Price Per Sq Ft: 280.84
  • Above Grade Finished Sq Ft: 2813
  • Below Grade Finished Sq Ft: 1358
  • Total Below Grade Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Stone
  • Spa: No
  • View: Trees/Woods
  • 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: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 84.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: COMMUNITY ASSOCIATION SERVICES, INC.
  • HOA Phone: (301) 840-1800
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SHERWOOD
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 309900.00
  • Land Assessed Value: 263600.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11300.00
  • Property Condition: Very Good
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13937345
  • Tax Annual Amount: 6680.00
  • Assessor Parcel Number: 160802509135
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 17, 2022
Sold by
Paula Surage
Bought by
Chiu Jensen and Chiu Christina
Seller's Agent
Margarita Soule
RE/MAX Realty Services
Buyer's Agent
Jami Dennis
RE/MAX Realty Centre, Inc.
List Price
$790,000
Sold Price
$810,000
Premium/Discount to List
$20,000
2.53%
Current Estimated Value
$898,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,782
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Feb 23, 1996
Sold by
M John L and M Palmer P
Bought by
Palmer Paula Surage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chiu Jensen $810,000 Fidelity National Title
Palmer Paula Surage $262,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $810,000 +2.5% $194 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $790,000 -- $189 / 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 $8,222 $777,167 -- --
2024 $8,222 $675,333 $0 $0
2023 $6,335 $573,500 $263,600 $309,900
2022 $6,044 $573,433 $0 $0
2021 $5,988 $573,367 $0 $0
2020 $5,963 $573,300 $263,600 $309,700
2019 $5,711 $551,833 $0 $0
2018 $5,476 $530,367 $0 $0
2017 $5,396 $508,900 $0 $0
2016 -- $503,200 $0 $0
2015 $5,553 $497,500 $0 $0
2014 $5,553 $491,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2048220

Bright MLS

APN: 08-02509135