NOT LISTED FOR SALE

3500 Queen Mary Dr Olney, MD 20832

Estimated Value: $424,000 - $990,000

0.54 Acre
$1,154,939 Price per Acre
23,522 Sq Ft Lot

Last Sold April 28, 2017

Last sale price $250,000

Est. 149% increase in value since last sale

Current estimated payment $3,559/month

229 Days on Market

About This Lot

As of April 2017

Arguably, the nicest building lot in Olney! JUST REDUCED $50,000! Recently created .54 acre lot in Williamsburg Village subdivision on the corner of Queen Mary Dr. and Princess Anne Dr., and only a few blocks to downtown Olney. The adjacent existing home at 17812 Princess Anne Dr. is also for sale in a separate listing: MC9707927. No mandatory HOA or HOA restrictions. Bring your own builder!

Last Agent to Sell the Property

Larry Hinman

(301) 924-4996 lehinman@aol.com Developers Realty License #0225111022 Listed on: 07/15/2016

Last Buyer's Agent

Brittany Allison

(301) 996-7125 brittany@allison-collection.com Compass

Compass

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Northeast Facing Home
  • Cleared Lot
  • No Building Permits
  • Property is zoned R200

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Community Details

  • No Home Owners Association
  • Williamsburg Village Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160803787674

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Expected On Market: 2016-07-18
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 12.62

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.54
  • Lot Size Area: 23685
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23685.00
  • Possible Use: Residential
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14126329
  • Assessor Parcel Number: 160803787674
  • Tax Lot: 10

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Apr 28, 2017
Sold by
Hinman Lary E
Bought by
Perrera Jeremy Rudolf and Perrera Michelle Ealine
Seller's Agent
Larry Hinman
Developers Realty
Buyer's Agent
Brittany Allison
Compass
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%
Current Estimated Value
$623,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,667
Avg. Annual Appreciation
11.20%
Original Mortgage
$77,600
Outstanding Balance
$64,798
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$558,869
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perrera Jeremy Rudolf $970,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrera Jeremy Rudolf $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $250,000 -28.4% --
03/01/2017 03/01/17 Pending -- -- --
07/15/2016 07/15/16 For Sale $349,000 -- --
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 $3,353 $296,000 $296,000 --
2024 $3,353 $291,300 $291,300 $0
2023 $3,302 $286,600 $0 $0
2022 $3,111 $281,900 $281,900 $0
2021 $3,110 $281,900 $281,900 $0
2020 $3,110 $281,900 $281,900 $0
2019 $3,109 $281,900 $281,900 $0
2018 $3,114 $281,900 $281,900 $0
2017 $3,231 $281,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Larry Hinman

    Developers Realty

    (301) 924-4996

    7 Total Sales

    Larry Hinman
    Section Image
  • Brittany Allison

    Buyer's Agent in 2017

    Brittany Allison

    Compass

    (301) 996-7125

    130 Total Sales

    Brittany Allison
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002439735

Bright MLS

APN: 08-03787674

Maryland Montgomery County Olney 20832

3500 Queen Mary Dr, Olney, MD

Not Listed for Sale

Lots

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