$529,900
SOLD FEB 14, 2025

3500 Homeland Terrace Olney, MD 20832

4 Beds
3.5 Baths
1,328 Sq Ft
$129/mo HOA Fee

Recently Sold

$399 Per Sq Ft

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Olney Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of February 2025

Welcome to this beautifully renovated end-unit townhouse that offers 4 bedrooms and 3.5 bathrooms across multiple levels of updated living space. The first level features new flooring, while the modern kitchen showcases sleek new cabinets, granite countertops with an island, and brand-new stainless steel appliances, including a new microwave, new dishwasher, and a refrigerator that has been barely used. Enjoy the outdoors with a beautiful deck off the kitchen.

The top level is home to three bedrooms, all with new wall-to-wall carpeting, including a spacious master suite with a fully renovated ensuite bathroom. The lower level offers even more space, with a bedroom, new laundry area, and a large recreation room. The walkout basement leads to a fully fenced backyard, perfect for outdoor activities.

Additional updates include a brand-new roof installed in 2025 and a new water heater. Don’t miss this incredible opportunity to own a move-in-ready home with all the modern amenities!

Last Agent to Sell the Property

Maria Estrada

(202) 641-5687 26mestrada@gmail.com Smart Realty, LLC License #5004250 Listed on: 01/02/2025

Smart Realty, LLC

Last Buyer's Agent

Vonda Peterson

(410) 746-4380 vonda.peterson@longandfoster.com Long & Foster Real Estate, Inc. License #5007343

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1988

Lot Details

  • 2,250 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $129 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Laundry in Basement

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160802578281

Community Details

Overview

  • Williamsburg Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,830

Year Built

Built in 1988

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: Stage is not convey to the property.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-01-02
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully renovated end-unit townhouse that offers 4 bedrooms and 3.5 bathrooms across multiple levels of updated living space. The first level features new flooring, while the modern kitchen showcases sleek new cabinets, granite countertops with an island, and brand-new stainless steel appliances, including a new microwave, new dishwasher, and a refrigerator that has been barely used. Enjoy the outdoors with a beautiful deck off the kitchen. The top level is home to three bedrooms, all with new wall-to-wall carpeting, including a spacious master suite with a fully renovated ensuite bathroom. The lower level offers even more space, with a bedroom, new laundry area, and a large recreation room. The walkout basement leads to a fully fenced backyard, perfect for outdoor activities. Additional updates include a brand-new roof installed in 2025 and a new water heater. Don’t miss this incredible opportunity to own a move-in-ready home with all the modern amenities!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Washer
  • Flooring Type: Carpet, Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 1328
  • Price Per Sq Ft: 399.02
  • Above Grade Finished Sq Ft: 1328
  • Below Grade Sq Ft: 688
  • Total Below Grade Sq Ft: 688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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: Brick, Vinyl Siding, Combination
  • Road Surface Type: Concrete
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Central
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 129.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

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: Wood, Rear
  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4830.00
  • Assessor Parcel Number: 160802578281
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1328
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/14/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 12, 2025
Sold by
Argueta Maria E and Lazo Pablo H
Bought by
Hailemariam Seifu Tewodros
Seller's Agent
Maria Estrada
Smart Realty, LLC
Buyer's Agent
Vonda Peterson
Long & Foster Real Estate, Inc.
List Price
$529,900
Sold Price
$529,900
Views
201
Current Estimated Value
$529,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$703
Avg. Annual Appreciation
-0.22%
Original Mortgage
$476,910
Outstanding Balance
$474,549
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$54,648

Purchase Details

Closed on
Dec 22, 2003
Sold by
Fanning John W and Fanning J E
Bought by
Argueta Maria E

Purchase Details

Closed on
Aug 31, 1995
Sold by
Hale Ronald S
Bought by
Fanning John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $529,900 Rgs Title
Deed $529,900 Rgs Title
Deed $284,900 --
Deed $284,900 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,910 New Conventional
Closed $476,910 New Conventional
Previous Owner $181,000 New Conventional
Previous Owner $139,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $529,900 0.0% $399 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/16/2025 01/16/25 Price Changed $529,900 0.0% $399 / Sq Ft
01/16/2025 01/16/25 For Sale $529,900 +2.1% $399 / Sq Ft
01/04/2025 01/04/25 Off Market $519,000 -- --
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 $4,830 $417,200 $157,500 $259,700
2024 $4,830 $388,633 $0 $0
2023 $4,484 $360,067 $0 $0
2022 $3,986 $331,500 $150,000 $181,500
2021 $3,723 $322,767 $0 $0
2020 $3,723 $314,033 $0 $0
2019 $3,614 $305,300 $150,000 $155,300
2018 $3,506 $295,700 $0 $0
2017 $3,458 $286,100 $0 $0
2016 -- $276,500 $0 $0
2015 $3,158 $275,233 $0 $0
2014 $3,158 $273,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2157252

Bright MLS

APN: 08-02578281