NOT LISTED FOR SALE

3500 Sundown Farms Way Olney, MD 20832

Estimated Value: $746,000 - $844,000

4 Beds
4 Baths
2,874 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $495,000 $172 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,919/month

54 Days on Market

Highlights

  • Deck
  • Traditional Floor Plan
  • 2 Car Attached Garage
  • Belmont Elementary School Rated A
  • Country Kitchen
  • Intercom

About This Home

As of September 2015

Lovingly maintained, spacious Edgewater model! Fresh paint, hardwoods, newer carpet, windows & sliders and expanded family room are just a few of the improvements. Large deck, patio off 2nd family room plus finished rec-room make this home ideal for entertaining & play dates. Seconds to Belmont ES & Rosa Parks MS, community parks, tennis, playgrounds. Oversized 2-car garage.

Last Agent to Sell the Property

Karen Rollings

EXP Realty, LLC License #66514 Listed on: 06/20/2015

EXP Realty, LLC

Co-Listed By

Sherry Felice

EXP Realty, LLC License #80414

Last Buyer's Agent

Erica Terry

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Window Treatments
  • Dining Area
  • Intercom

Kitchen

  • Country Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Community Details

  • Association fees include snow removal
  • Olney Mill Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160800747080

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

Built in 1972

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1972
  • Remarks Public: Lovingly maintained, spacious Edgewater model! Fresh paint, hardwoods, newer carpet, windows & sliders and expanded family room are just a few of the improvements. Large deck, patio off 2nd family room plus finished rec-room make this home ideal for entertaining & play dates. Seconds to Belmont ES & Rosa Parks MS, community parks, tennis, playgrounds. Oversized 2-car garage.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Stove, Intercom
  • Interior Amenities: Dining Area, Kitchen - Country, Crown Moldings, Primary Bath(s), Window Treatments, Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 3500

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BELMONT
  • Middle School: ROSA M. PARKS
  • High School: SHERWOOD
  • School District Key: 121138126809
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Improvement Assessed Value: 206800.00
  • Land Assessed Value: 237900.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 16192
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16192.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13897392
  • Tax Annual Amount: 5235.15
  • Assessor Parcel Number: 160800747080
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 2874
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 09/23/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2015
Closed on
Sep 23, 2015
Sold by
Hermanson Susan Marie Lee and Lee Thomas Grafton
Bought by
Grim Stephen M
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Erica Terry
Berkshire Hathaway HomeServices PenFed Realty
List Price
$520,000
Sold Price
$495,000
Premium/Discount to List
-$25,000
-4.81%
Current Estimated Value
$785,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,594
Avg. Annual Appreciation
4.79%
Original Mortgage
$440,000
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 1995
Sold by
S James H and S Lee L
Bought by
Lorraine S Lee Tr
Source: Public Records

Range of Values:

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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
Grim Stephen M $495,000 Title Resources Guaranty Co
Lorraine S Lee Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grim Stephen M $403,586
Closed Grim Stephen M $407,563
Closed Grim Stephen M $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $495,000 0.0% $172 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
08/09/2015 08/09/15 Price Changed $495,000 -2.8% $172 / Sq Ft
07/05/2015 07/05/15 Price Changed $509,000 -1.9% $177 / Sq Ft
07/04/2015 07/04/15 Price Changed $519,000 -0.2% $181 / Sq Ft
06/21/2015 06/21/15 For Sale $520,000 +5.1% $181 / Sq Ft
06/20/2015 06/20/15 Off Market $495,000 -- --
06/20/2015 06/20/15 For Sale $520,000 -- $181 / 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 $7,698 $665,800 $249,800 $416,000
2024 $7,698 $617,967 $0 $0
2023 $6,422 $570,133 $0 $0
2022 $6,291 $522,300 $237,900 $284,400
2021 $6,062 $516,033 $0 $0
2020 $6,062 $509,767 $0 $0
2019 $5,974 $503,500 $237,900 $265,600
2018 $5,759 $483,900 $0 $0
2017 $4,945 $464,300 $0 $0
2016 -- $444,700 $0 $0
2015 $4,223 $440,600 $0 $0
2014 $4,223 $436,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Rollings

    Seller's Agent in 2015

    Karen Rollings

    EXP Realty, LLC

    (301) 924-8200

    234 in this area

    516 Total Sales

    Karen Rollings
    Section Image
  • Sherry Felice

    Seller Co-Listing Agent in 2015

    Sherry Felice

    EXP Realty, LLC

    (301) 980-6173

    9 in this area

    49 Total Sales

    Sherry Felice
    Section Image
  • Erica Terry

    Buyer's Agent in 2015

    Erica Terry

    BHHS PenFed (actual)

    (301) 996-2536

    7 in this area

    87 Total Sales

    Erica Terry
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002345125

Bright MLS

APN: 08-00747080

Maryland Montgomery County Olney 20832

3500 Sundown Farms Way, Olney, MD

This home is located at 3500 Sundown Farms Way, Olney, MD 20832 since 20 June 2015 and is currently estimated at $785,594, approximately $273 per square foot. This property was built in 1972. 3500 Sundown Farms Way is a home located in Montgomery County with nearby schools including Belmont Elementary School, Rosa M. Parks Middle School, and Sherwood High School.

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