NOT LISTED FOR SALE

3512 Homeland Terrace Olney, MD 20832

Estimated Value: $482,613 - $501,000

3 Beds
3.5 Baths
1,920 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $410,000 $214 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,148/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Olney Elementary School Rated A
  • Community Pool
  • Property is in very good condition

About This Home

As of July 2023

What a show stopper! You don't want to miss your opportunity to be in the HEART of Onley, MD. We invite you to view this meticulously maintained 3-bedroom, 3.5-bathroom townhome offering a fresh coat of paint throughout the entire home, gleaming hardwood floors, an open-concept layout, and 3 levels perfect for entertaining. The location of Homeland Terrace couldn't get any better as you're just .5 mile away from OnleyTown Center. You definitely want to see this home!

Last Agent to Sell the Property

Masiray Kanneh-Peart

(240) 374-3364 masiray.kannehpeart@compass.com RLAH @properties Listed on: 06/22/2023

RLAH @properties

Last Buyer's Agent

Alex Goumilevski

(240) 401-9142 alexcgri@gmail.com RE/MAX Realty Services

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1986

Lot Details

  • 1,525 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Natural lighting in basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160802578337

Community Details

Overview

  • Williamsburg Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,998

Year Built

Built in 1986

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-24
  • Federal Flood Zone: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 320.31
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 640
  • Below Grade Sq Ft: 640
  • Total Below Grade Sq Ft: 1280
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 148.18
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1525.00
  • Property Condition: Good, Very Good
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3998.00
  • Assessor Parcel Number: 160802578337
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 19, 2023
Sold by
Wegner Novia Alecia
Bought by
Arif Adnan and Bhatti Zarsh
Seller's Agent
Masiray Kanneh-Peart
RLAH @properties
Buyer's Agent
Alex Goumilevski
RE/MAX Realty Services
List Price
$410,000
Sold Price
$410,000
Views
157
Current Estimated Value
$493,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,403
Avg. Annual Appreciation
8.06%
Original Mortgage
$310,000
Outstanding Balance
$300,063
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$193,340

Purchase Details

Closed on
Sep 12, 2007
Sold by
Honeyghan Donald B and Honeyghan D H
Bought by
Honeyghan Novia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,191
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 31, 2007
Sold by
Honeyghan Donald B and Honeyghan D H
Bought by
Honeyghan Novia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,191
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 6, 1994
Sold by
Han Daesco
Bought by
Honeyghan Donald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,350
Interest Rate
8.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arif Adnan $410,000 Doma Title
Honeyghan Novia $380,000 --
Honeyghan Novia $380,000 --
Honeyghan Donald B $145,654 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arif Adnan $310,000
Previous Owner Honeyghan Novia $368,191
Previous Owner Honeyghan Novia $368,191
Previous Owner Honeyghan Donald B $138,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $410,000 0.0% $214 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $410,000 0.0% $214 / Sq Ft
06/27/2023 06/27/23 For Sale $410,000 0.0% $214 / Sq Ft
06/27/2023 06/27/23 Off Market $410,000 -- --
06/22/2023 06/22/23 For Sale $369,900 -- $193 / 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 $4,846 $418,800 $157,500 $261,300
2024 $4,846 $390,067 $0 $0
2023 $2,249 $361,333 $0 $0
2022 $3,998 $332,600 $150,000 $182,600
2021 $3,734 $323,833 $0 $0
2020 $3,734 $315,067 $0 $0
2019 $3,625 $306,300 $150,000 $156,300
2018 $3,516 $296,600 $0 $0
2017 $3,467 $286,900 $0 $0
2016 -- $277,200 $0 $0
2015 $2,442 $274,967 $0 $0
2014 $2,442 $272,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2097618

Bright MLS

APN: 08-02578337