Seller's Agent in 2021
Patrick Smith
LPT Realty, LLC
(202) 255-4704
4 in this area
50 Total Sales
Estimated Value: $608,000 - $627,227
3
Beds
2.5
Baths
2,095
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Commercial Range
- Wood Burning Stove
- Recreation Room
- Olney Elementary School Rated A
- Premium Lot
- Traditional Floor Plan
About This Home
As of October 2021Price Adjustment! Back on the Market! Buyer got cold feet. Welcome to this beautiful all-brick, updated ranch in Cherry Valley! Situated on a large, flat yard (well over 1/2 an acre!), this home boasts 3 bedrooms, 2 1/2 baths, and a large lower-level bonus room that can easily double as an au-pair or in-law suite. The versatile and open main-level floor plan has hardwood floors throughout, highlighting the recently updated kitchen, dining room, and family room that opens to the expansive, newly painted deck. The walkout lower level has a rec room, wood stove, family room, and large storage area. The serene outdoor living space overlooks a huge backyard with mature trees, in-ground garden boxes, an in-ground, brick fire pit and large, powered shed! Recent upgrades include the kitchen (2018), hot water heater (2019), gutters/downspouts (2016), HVAC/oil furnace (2015), active radon system (2017), and roof (2011). This super convenient location is walkable to the center of Olney as well as only minutes to the ICC for easy commutes to DC, Baltimore, NoVa, or Frederick. Enjoy great hiking & bike trails and parks (Cherrywood Park, Rock Creek, Meadowside, and more), a year-round Farmer’s Market, as well as close proximity to Medstar Montgomery Medical, Olney Theatre Center, and so much more. Don’t miss this meticulously cared for gem—what a wonderful new place to call home!
Last Agent to Sell the Property
(877) 366-2213 vabrokers@lptrealty.com LPT Realty, LLC Listed on: 08/03/2021
Last Buyer's Agent
(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Gaithersburg License #SP200201726
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,728
Year Built
- Built in 1964
Lot Details
- 0.62 Acre Lot
- North Facing Home
- Landscaped
- Premium Lot
- Open Lot
- Back Yard
- Property is in excellent condition
- Property is zoned R200
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Brick Foundation
- Architectural Shingle Roof
- Active Radon Mitigation
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Central Vacuum
- Whole House Fan
- Ceiling Fan
- 1 Fireplace
- Wood Burning Stove
- Window Treatments
- Combination Dining and Living Room
- Recreation Room
- Bonus Room
- Game Room
- Utility Room
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Oven or Range
- Commercial Range
- Built-In Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Side Basement Entry
- Basement with some natural light
Outdoor Features
- Shed
Schools
- Olney Elementary School
- Rosa M. Parks Middle School
- Sherwood High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- Pt Olney Out Res 2 Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 160800711042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2021
Closed on
Oct 8, 2021
Sold by
Wetmore Michael L and Wetmore Caryn S
Bought by
Monje Thomas and Monje Mercedes
Seller's Agent
Patrick Smith
LPT Realty, LLC
Buyer's Agent
Jim Winn
Real Broker, LLC - Gaithersburg
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,557
Avg. Annual Appreciation
4.04%
Original Mortgage
$504,400
Outstanding Balance
$459,966
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,591
Purchase Details
Closed on
Jan 3, 2011
Sold by
Howard Edward C and Howard L K
Bought by
Wetmore Michael L and Wetmore Caryn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,522
Interest Rate
4.4%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Monje Thomas | $520,000 | Strategic Natl Ttl Group Llc | |
| Wetmore Michael L | $369,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Monje Thomas | $504,400 | |
| Previous Owner | Wetmore Michael L | $360,522 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $520,000 | 0.0% | $248 / Sq Ft |
| 09/18/2021 09/18/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | Price Changed | $520,000 | -2.8% | $248 / Sq Ft |
| 08/03/2021 08/03/21 | For Sale | $535,000 | -- | $255 / Sq Ft |
Source: Bright MLS
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 | $5,908 | $497,400 | $300,200 | $197,200 |
| 2024 | $5,908 | $474,333 | $0 | $0 |
| 2023 | $4,927 | $451,267 | $0 | $0 |
| 2022 | $4,441 | $428,200 | $285,900 | $142,300 |
| 2021 | $8,567 | $418,800 | $0 | $0 |
| 2020 | $8,310 | $409,400 | $0 | $0 |
| 2019 | $4,036 | $400,000 | $285,900 | $114,100 |
| 2018 | $4,419 | $400,000 | $285,900 | $114,100 |
| 2017 | $4,209 | $400,000 | $0 | $0 |
| 2016 | $3,554 | $400,000 | $0 | $0 |
| 2015 | $3,554 | $389,967 | $0 | $0 |
| 2014 | $3,554 | $379,933 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Smith
-
Jim Winn
Buyer's Agent in 2021
Jim Winn
Real Broker, LLC - Gaithersburg
(301) 221-7679
3 in this area
143 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2009200
APN: 08-00711042
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