NOT LISTED FOR SALE

3503 Cherry Valley Dr Olney, MD 20832

Olney Area

Estimated Value: $833,000 - $960,802

3 Beds
2.5 Baths
1,800 Sq Ft
$484/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2016

Last sale price $425,000 $236 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,597 / mo

287 Days on Market

Highlights

  • 0.98 Acre Lot
  • Colonial Architecture
  • Premium Lot
  • Olney Elementary School Rated A
  • Deck
  • Traditional Floor Plan

About This Home

As of March 2016

Really lovely home with huge lot and lots of potential for additional rooms in basement. Classic colonial with lots of space, full basement could be finished with additional rooms, huge master bedroom, and two additional huge bedrooms. This home is being sold "AS IS" but shows well. Professionally negotiated one mortgage. Sellers requests Home Settlement Centre for closing.

Last Agent to Sell the Property

Nancy Wert

(301) 774-5900 wert2300@aol.com RE/MAX Realty Centre, Inc. Brokerage Phone: 3017745900 License #0225050372 Listed on: 04/30/2015

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Mauricio Aguilar

(240) 462-9583 aguilarhomes@yahoo.com Mid-Atlantic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1997

Lot Details

  • 42,472 Sq Ft Lot
  • Premium Lot
  • Flag Lot
  • Property is zoned R200

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Workshop
  • Laundry Room

Kitchen

  • Breakfast Room
  • Stove
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Space For Rooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olney Outside Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160802866630

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,375

Year Built

Built in 1997

Lot Details

0.98 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Stove, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Hall
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Workshop
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Space For Rooms
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Flag, Premium
  • Lot Size Acres: 0.98
  • Lot Size Area: 42472
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42472.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5375.38
  • Assessor Parcel Number: 160802866630
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Mar 28, 2016
Sold by
Bought by
Seller's Agent
Nancy Wert
RE/MAX Realty Centre, Inc.
Buyer's Agent
Mauricio Aguilar
Mid-Atlantic Realty
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$871,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,701
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Acer Title & Escrow Llc
$217,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $367,418
Previous Owner $64,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $425,000 0.0% $236 / Sq Ft
03/15/2016 03/15/16 Price Changed $425,000 +3.7% $236 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
12/31/2015 12/31/15 Price Changed $409,900 -1.4% $228 / Sq Ft
12/18/2015 12/18/15 Price Changed $415,900 -1.0% $231 / Sq Ft
12/06/2015 12/06/15 Price Changed $419,900 -1.2% $233 / Sq Ft
11/07/2015 11/07/15 Price Changed $425,000 0.0% $236 / Sq Ft
11/07/2015 11/07/15 For Sale $425,000 +6.5% $236 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/06/2015 08/06/15 Price Changed $399,000 -4.8% $222 / Sq Ft
07/31/2015 07/31/15 Price Changed $419,000 -4.6% $233 / Sq Ft
07/08/2015 07/08/15 Price Changed $439,000 -1.3% $244 / Sq Ft
07/06/2015 07/06/15 Price Changed $445,000 -1.1% $247 / Sq Ft
06/19/2015 06/19/15 Price Changed $450,000 -2.2% $250 / Sq Ft
05/13/2015 05/13/15 Price Changed $459,900 -1.1% $256 / Sq Ft
04/30/2015 04/30/15 For Sale $465,000 -- $258 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,666 $860,900 $322,000 $538,900
2024 $9,871 $800,767 $0 $0
2023 $9,834 $740,633 $0 $0
2022 $7,404 $680,500 $306,700 $373,800
2021 $6,016 $621,967 $0 $0
2020 $6,016 $563,433 $0 $0
2019 $5,349 $504,900 $306,700 $198,200
2018 $5,022 $489,233 $0 $0
2017 $4,945 $473,567 $0 $0
2016 -- $457,900 $0 $0
2015 $4,417 $455,433 $0 $0
2014 $4,417 $452,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Wert

    Seller's Agent in 2016

    Nancy Wert

    RE/MAX

    (301) 529-7575

    74 Total Sales

    Nancy Wert
    Section Image
  • Mauricio Aguilar

    Buyer's Agent in 2016

    Mauricio Aguilar

    Mid-Atlantic Realty

    (301) 252-5309

    1 in this area

    50 Total Sales

    Mauricio Aguilar
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002329023

Bright MLS

APN: 08-02866630

Maryland Montgomery County Olney 20832

3503 Cherry Valley Dr, Olney, MD

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