NOT LISTED FOR SALE

3401 Megans Way Olney, MD 20832

Estimated Value: $820,000 - $865,178

5 Beds
4 Baths
3,236 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $605,000 $187 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,295/month

98 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Sherwood Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of December 2018

BACK ON MARKET-BUYER FINANCING FELL THRU. Upgrades galore in this gorgeous light-filled home ALL NEW IN 2018 - Roof, Windows, Gutters, Downspouts, Slate Walkway, Engineered Wood Floors Main & Upper Level, Garage Doors, Light Fixtures, Renovated Master Bath, Recent Kitchen Renovation w/Stainless appliances & freshly painted. Main level bedroom w/ full bath. Finished basement. Minutes to ICC

Last Agent to Sell the Property

William Shaver

RE/MAX Realty Centre, Inc. License #643462 Listed on: 07/19/2018

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Isabel Camero

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Split Rail Fence
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 160802509341

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

$6,019

Year Built

Built in 1986

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Remarks Public: BACK ON MARKET-BUYER FINANCING FELL THRU. Upgrades galore in this gorgeous light-filled home ALL NEW IN 2018 - Roof, Windows, Gutters, Downspouts, Slate Walkway, Engineered Wood Floors Main & Upper Level, Garage Doors, Light Fixtures, Renovated Master Bath, Recent Kitchen Renovation w/Stainless appliances & freshly painted. Main level bedroom w/ full bath. Finished basement. Minutes to ICC
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Exhaust Fan, Microwave, Refrigerator, Washer, Water Heater, Oven/Range - Electric
  • Interior Amenities: Attic, Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Primary Bath(s), Chair Railings, Window Treatments, Upgraded Countertops, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Sump Pump, Fully Finished, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 3236
  • Living Area Sq Ft: 3236
  • Price Per Sq Ft: 253.56
  • Above Grade Finished Sq Ft: 2386
  • Below Grade Finished Sq Ft: 850
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3401

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Asphalt
  • 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 Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Security System, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 79.00
  • 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: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SHERWOOD
  • Middle School: WILLIAM H. FARQUHAR
  • High School: JAMES HUBERT BLAKE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: SHERWOOD
  • High School: JAMES HUBERT BLAKE
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Fencing: Split Rail
  • Lot Size Acres: 0.27
  • Lot Size Area: 11874
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11874.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13886500
  • Tax Annual Amount: 6019.00
  • Assessor Parcel Number: 160802509341
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 2386
  • Tax Year: 2018
  • Close Date: 12/10/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Nov 28, 2018
Sold by
Bejarano Rudy F
Bought by
Cardoso Antonio Hernandez and Zaragoza Angelica
Seller's Agent
William Shaver
RE/MAX Realty Centre, Inc.
Buyer's Agent
Isabel Camero
Keller Williams Capital Properties
List Price
$615,000
Sold Price
$605,000
Premium/Discount to List
-$10,000
-1.63%
Current Estimated Value
$840,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,795
Avg. Annual Appreciation
4.89%
Original Mortgage
$574,750
Outstanding Balance
$508,352
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$325,867

Purchase Details

Closed on
Feb 13, 2012
Sold by
Bejarano Gomez Rudy F and Gomez Marta A
Bought by
Bejarano Rudy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2005
Sold by
Salamanca Judith
Bought by
Bejarano Gomez Rudy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 13, 2005
Sold by
Salamanca Judith
Bought by
Bejarano Gomez Rudy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2004
Sold by
Engle Ernest E Et Al Tr
Bought by
Ramos Jose J

Purchase Details

Closed on
Jan 26, 1999
Sold by
R Ernest E and R Engle M
Bought by
Ernest E Engle Et Al Tr

Purchase Details

Closed on
May 25, 1994
Sold by
Fabe F G
Bought by
Engle Ernest E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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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
Cardoso Antonio Hernandez $605,000 Kvs Title Llc
Bejarano Rudy F -- None Available
Bejarano Gomez Rudy F $700,000 --
Salamanca Judith -- --
Salamanca Judith -- --
Bejarano Gomez Rudy F $700,000 --
Salamanca Judith -- --
Salamanca Judith -- --
Ramos Jose J $495,000 --
Ramos Jose J $495,000 --
Ernest E Engle Et Al Tr -- --
Engle Ernest E $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardoso Antonio Hernandez $574,750
Previous Owner Bejarano Rudy F $406,500
Previous Owner Bejarano Rudy F $41,250
Previous Owner Gomez Rudy F Bejarano $460,000
Previous Owner Gomez Rudy F Bejarano $536,000
Previous Owner Gomez Rudy F Bejarano $125,000
Previous Owner Bejarano Gomez Rudy F $140,000
Previous Owner Salamanca Judith $560,000
Previous Owner Salamanca Judith $560,000
Previous Owner Engle Ernest E $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $605,000 0.0% $187 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $605,000 -1.6% $187 / Sq Ft
07/19/2018 07/19/18 For Sale $615,000 0.0% $190 / Sq Ft
12/05/2014 12/05/14 Rented $2,800 -3.4% --
11/22/2014 11/22/14 Under Contract -- -- --
11/07/2014 11/07/14 For Rent $2,900 -- --
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 $7,723 $690,000 -- --
2024 $7,723 $632,000 $0 $0
2023 $6,341 $574,000 $265,400 $308,600
2022 $5,988 $568,400 $0 $0
2021 $5,871 $562,800 $0 $0
2020 $5,785 $557,200 $265,400 $291,800
2019 $5,547 $537,033 $0 $0
2018 $5,710 $516,867 $0 $0
2017 $5,647 $496,700 $0 $0
2016 $5,583 $490,967 $0 $0
2015 $5,583 $485,233 $0 $0
2014 $5,583 $479,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002067932

Bright MLS

APN: 08-02509341