NOT LISTED FOR SALE

3504 King William Dr Olney, MD 20832

Estimated Value: $732,930 - $904,000

4 Beds
2.5 Baths
1,873 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $479,900 $256 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,928/month

158 Days on Market

Highlights

  • 0.71 Acre Lot
  • Cape Cod Architecture
  • Backs to Trees or Woods
  • Olney Elementary School Rated A
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of April 2012

WILLIAMSBURG CHARM DESCRIBES THIS LOVELY CAPE COD LOCATED IN THE HEART OF OLNEY. HOME IS LOCATED ON BEAUTIFUL LANDSCAPED LOT WITH CHERRY, HOLLY, AND MAGNOLIA TREES. INSIDE IS 4 BEDROOMS WITH TWO LOCATED ON THE MAIN LEVEL. REFINISHED HARDWOOD FLOORS ON BOTH LEVELS. HUGE COUNTRY KITCHEN W/ WOODBURNING FIREPLACE. REC ROOM IN LOWER LEVEL AND FINISHED ATTIC FOR STORAGE. WELCOME HOME!

Last Agent to Sell the Property

Michael McDermitt

(301) 512-1212 miketmcdermitt@gmail.com Long & Foster Real Estate, Inc. License #47866 Listed on: 09/25/2011

Long & Foster Real Estate, Inc.

Last Buyer's Agent

David Abramson

(240) 475-5001 david.abramson@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,563

Year Built

  • Built in 1953

Lot Details

  • 0.71 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R200

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Paneling
  • Whole House Fan
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Window Screens
  • French Doors
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement with some natural light

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Brick Porch or Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Williamsburg Village Subdivision

Listing and Financial Details

  • Tax Lot 4A
  • Assessor Parcel Number 160800731541

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,563

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1953
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Dining Area, Entry Level Bedroom, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Screens, Storm
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Storm
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Daylight, Partial, Partially Finished, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape
  • Roof: Shake
  • 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: 283.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Whole House Fan
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 221600.00
  • Land Assessed Value: 265900.00
  • Lot Features: Backs To Trees, Landscaping
  • Lot Size Acres: 0.71
  • Lot Size Area: 30922
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30922.00
  • Outdoor Living Structures: Brick
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13896692
  • Tax Annual Amount: 6562.53
  • Assessor Parcel Number: 160800731541
  • Tax Lot: 4A
  • Tax Page Number: 489
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2011
Closed on
Apr 23, 2012
Sold by
Wesp Patricia M and Wesp William H
Bought by
Mcmahon Jesse C and Mcmahon Katie L
Seller's Agent
Michael McDermitt
Long & Foster Real Estate, Inc.
Buyer's Agent
David Abramson
Compass
List Price
$499,900
Sold Price
$479,900
Premium/Discount to List
-$20,000
-4%
Current Estimated Value
$810,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,583
Avg. Annual Appreciation
3.92%
Original Mortgage
$467,734
Outstanding Balance
$320,619
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$489,864

Purchase Details

Closed on
May 20, 1996
Sold by
K William H and K Wesp F
Bought by
Wesp Florence K
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

Date Buyer Sale Price Title Company
Mcmahon Jesse C $479,900 None Available
Wesp Florence K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Jesse C $467,734
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2012 04/23/12 Sold $479,900 0.0% $256 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/21/2012 02/21/12 Price Changed $479,900 -4.0% $256 / Sq Ft
09/25/2011 09/25/11 For Sale $499,900 -- $267 / 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 $7,972 $684,700 $305,700 $379,000
2024 $7,972 $633,767 $0 $0
2023 $6,666 $582,833 $0 $0
2022 $5,772 $531,900 $291,100 $240,800
2021 $2,736 $523,100 $0 $0
2020 $2,736 $514,300 $0 $0
2019 $5,295 $505,500 $291,100 $214,400
2018 $5,114 $490,600 $0 $0
2017 $5,039 $475,700 $0 $0
2016 -- $460,800 $0 $0
2015 $5,575 $460,800 $0 $0
2014 $5,575 $460,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004600870

Bright MLS

APN: 08-00731541