NOT LISTED FOR SALE

3407 Megans Way Olney, MD 20832

Estimated Value: $812,000 - $885,000

4 Beds
2.5 Baths
2,356 Sq Ft
$361/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $812,500 $345 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,348/month

5 Days on Market

Highlights

  • Pasture Views
  • Traditional Floor Plan
  • Attic
  • Sherwood Elementary School Rated A
  • Traditional Architecture
  • Upgraded Countertops

About This Home

As of June 2023

This impeccable Hallowell beauty has gorgeous new renovations from top to bottom! Great layout with a newly renovated kitchen, new quartz counters, new lighting, new Whirlpool stainless steel appliances, and new LV tile! The light and bright kitchen walks out to a three-season, covered porch, and slate patio. Rich luxury vinyl plank throughout the main level, as well as new paint, and lighting throughout. A generous layout upstairs has 4 bedrooms, with an owners suite sitting area (or potential 5th bedroom), a separate dressing area with double vanity sink and walk-in closet, and an owner's bath with oversized tub, new tile floor, new toilet, and shower door. A newly renovated hall bath and new carpet/paint throughout the bedroom level complete the second story. The lower level is ready for your personal touch but offers a rough-in for a full bath and existing laundry area. This home is tucked away on a quiet culdesac, experience privacy in your backyard as you back to trees and the original Olney Manor Georgian Revival style home and surroundings. Come enjoy all that Olney has to offer! Any offers are due by Monday, May 8th, by 7:00 pm.

Last Agent to Sell the Property

Mary DeRose

Samson Properties License #533157 Listed on: 05/04/2023

Samson Properties

Last Buyer's Agent

Garo Simonian

Fathom Realty MD, LLC License #0225241829

Fathom Realty MD, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 1991 | Remodeled in 2023

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Split Rail Fence
  • Landscaped
  • No Through Street
  • Back Yard Fenced and Side Yard
  • Property is in excellent condition
  • Property is zoned RE2

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Pasture
  • Garden

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Screened Porch
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Rough-In
  • Ceramic Tile
  • Luxury Vinyl Plank Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Unfinished Basement

  • Laundry in Basement
  • Rough-In Basement Bathroom
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Rain Gutters

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 160802509317

Community Details

Overview

  • Association fees include common area maintenance, pool(s), reserve funds
  • Community Association Services HOA
  • Built by Kettler Forlines
  • Hallowell Subdivision, The Magruder Floorplan

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,343

Year Built

Built in 1991 | Remodeled in 2023

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-05-04
  • Federal Flood Zone: No
  • Year Built: 1991
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: This impeccable Hallowell beauty has gorgeous new renovations from top to bottom! Great layout with a newly renovated kitchen, new quartz counters, new lighting, new Whirlpool stainless steel appliances, and new LV tile! The light and bright kitchen walks out to a three-season, covered porch, and slate patio. Rich luxury vinyl plank throughout the main level, as well as new paint, and lighting throughout. A generous layout upstairs has 4 bedrooms, with an owners suite sitting area (or potential 5th bedroom), a separate dressing area with double vanity sink and walk-in closet, and an owner's bath with oversized tub, new tile floor, new toilet, and shower door. A newly renovated hall bath and new carpet/paint throughout the bedroom level complete the second story. The lower level is ready for your personal touch but offers a rough-in for a full bath and existing laundry area. This home is tucked away on a quiet culdesac, experience privacy in your backyard as you back to trees and the original Olney Manor Georgian Revival style home and surroundings. Come enjoy all that Olney has to offer! Any offers are due by Monday, May 8th, by 7:00 pm.
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Concrete, Luxury Vinyl Plank, Luxury Vinyl Tile, Rough-In, Ceramic Tile
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Laundry Chute, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Chair Railings, Upgraded Countertops
  • Window Features: Screens
  • Other Equipment: Negotiable
  • Fireplace Features: Brick, Wood, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry, Six Panel, Sliding Glass
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 9
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Screened Porch
  • Basement: Yes
  • Basement Type: Poured Concrete, Rough Bath Plumb, Unfinished, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 3534
  • Living Area Sq Ft: 2356
  • Price Per Sq Ft: 318.34
  • Above Grade Finished Sq Ft: 2356
  • Below Grade Sq Ft: 1178
  • Total Below Grade Sq Ft: 1178
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3407

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Gutter System, Street Lights
  • Road Surface Type: Black Top, Paved
  • Spa: No
  • View: Garden/Lawn, Pasture
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds
  • HOA Name: COMMUNITY ASSOCIATION SERVICES
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Split Rail
  • Improvement Assessed Value: 268700.00
  • Land Assessed Value: 269200.00
  • Land Use Code: R
  • Lot Features: Cul-De-Sac, Landscaping, No Thru Street, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13036.00
  • Outdoor Living Structures: Porch(es), Patio(s), Screened, Enclosed
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Kettler Forlines

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13886497
  • Tax Annual Amount: 6343.00
  • Assessor Parcel Number: 160802509317
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 2356
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/06/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 6, 2023
Sold by
Horvath Patricia Faye and Horvath James V
Bought by
Hammad Tarek Naji and Hammad Joanna
Seller's Agent
Mary DeRose
Samson Properties
Buyer's Agent
Garo Simonian
Fathom Realty MD, LLC
List Price
$750,000
Sold Price
$812,500
Premium/Discount to List
$62,500
8.33%
Views
80
Current Estimated Value
$851,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,646
Avg. Annual Appreciation
2.66%
Original Mortgage
$650,000
Outstanding Balance
$633,430
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$228,540

Purchase Details

Closed on
Apr 25, 1991
Bought by
Horvath Patricia F and J V
Source: Public Records

Range of Values:

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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
Hammad Tarek Naji $812,500 First American Title
Horvath Patricia F $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammad Tarek Naji $650,000
Previous Owner Horvath James $50,000
Previous Owner Horvath Patricia $50,000
Previous Owner Horvath James $239,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $812,500 +8.3% $345 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $750,000 -- $318 / 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 $7,424 $674,167 -- --
2024 $7,424 $606,033 $0 $0
2023 $5,925 $537,900 $269,200 $268,700
2022 $5,651 $537,833 $0 $0
2021 $5,570 $537,767 $0 $0
2020 $5,570 $537,700 $269,200 $268,500
2019 $5,350 $519,100 $0 $0
2018 $5,146 $500,500 $0 $0
2017 $5,038 $481,900 $0 $0
2016 -- $476,000 $0 $0
2015 $5,174 $470,100 $0 $0
2014 $5,174 $464,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2088214

Bright MLS

APN: 08-02509317