NOT LISTED FOR SALE

3512 Mount Olney Ln Olney, MD 20832

Estimated Value: $614,365 - $659,000

3 Beds
2.5 Baths
2,067 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $439,000 $212 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,799/month

21 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • Main Floor Bedroom
  • Belmont Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2019

Diamond in the rough! Bring your best HGTV home renovation ideas! Great potential! 3 Bedrooms, 2.5 baths! Spacious walkout lower level family room! Plenty of storage! Huge, private yard! Amazing Olney Mill community! Close to shopping centers, restaurants, and commuter routes (ICC, route 32, I-95). Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 06/21/2019

EXP Realty, LLC

Last Buyer's Agent

Carol Hyndman

(301) 525-7886 clhyndman@comcast.net RE/MAX Realty Centre, Inc. License #655427

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1972

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R200

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 20
  • Assessor Parcel Number 160800745888

Community Details

Overview

  • Association fees include common area maintenance
  • Olney Mill Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,845

Year Built

Built in 1972

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2019-06-22
  • Federal Flood Zone: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Storage Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Walkout Level, Partially Finished
  • Total Sq Ft: 2756
  • Living Area Sq Ft: 2067
  • Price Per Sq Ft: 318.58
  • Above Grade Finished Sq Ft: 1378
  • Below Grade Finished Sq Ft: 689
  • Below Grade Sq Ft: 689
  • Total Below Grade Sq Ft: 1378
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Jog/Walk Path, Picnic Area, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 124800.00
  • Land Assessed Value: 231800.00
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13697.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13934199
  • Tax Annual Amount: 4845.00
  • Assessor Parcel Number: 160800745888
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 11, 2019
Sold by
Hoffman Marvin and Hoffman Marvin Revocable Livin
Bought by
Gurganus Nicholas E
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Carol Hyndman
RE/MAX Realty Centre, Inc.
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$635,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,591
Avg. Annual Appreciation
5.91%
Original Mortgage
$351,200
Outstanding Balance
$308,216
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$327,375

Purchase Details

Closed on
Jun 22, 2018
Sold by
Hoffman Arlene
Bought by
Hoffman Arlene and The Arlene Hoffman Revocable L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gurganus Nicholas E $439,000 Main Street Settlements Inc
Hoffman Arlene -- None Available
Hoffman Marvin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurganus Nicholas E $351,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $439,000 0.0% $212 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $439,000 -- $212 / 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 $5,928 $504,600 $243,300 $261,300
2024 $5,928 $476,033 $0 $0
2023 $4,090 $447,467 $0 $0
2022 $3,646 $418,900 $231,800 $187,100
2021 $3,568 $416,133 $0 $0
2020 $3,518 $413,367 $0 $0
2019 $3,478 $410,600 $231,800 $178,800
2018 $4,337 $392,600 $0 $0
2017 $3,710 $374,600 $0 $0
2016 -- $356,600 $0 $0
2015 $3,430 $356,600 $0 $0
2014 $3,430 $356,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Rollings

    Seller's Agent in 2019

    Karen Rollings

    EXP Realty, LLC

    (301) 924-8200

    228 in this area

    511 Total Sales

    Karen Rollings
    Section Image
  • Carol Hyndman

    Buyer's Agent in 2019

    Carol Hyndman

    RE/MAX

    (301) 525-7886

    7 in this area

    42 Total Sales

    Carol Hyndman
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC666042

Bright MLS

APN: 08-00745888

Maryland Montgomery County Olney 20832

3512 Mount Olney Ln, Olney, MD

Not Listed for Sale

Detached

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