NOT LISTED FOR SALE

3536 Cherry Valley Dr Olney, MD 20832

Estimated Value: $798,485 - $876,000

6 Beds
3.5 Baths
3,487 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $592,200 $170 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,999/month

Highlights

  • Rambler Architecture
  • Space For Rooms
  • 1 Car Attached Garage
  • Olney Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of July 2019

This home is located at 3536 Cherry Valley Dr, Olney, MD 20832 since 01 May 2019 and is currently estimated at $826,371, approximately $236 per square foot. This property was built in 1966. 3536 Cherry Valley Dr is a home located in Montgomery County with nearby schools including Olney Elementary School, Rosa M. Parks Middle School, and Sherwood High School.

Last Agent to Sell the Property

Kevin White

(202) 800-3200 broker@remaxdistinctive.com RE/MAX Distinctive Listed on: 05/01/2019

RE/MAX Distinctive

Last Buyer's Agent

Karen Vermeulen

(202) 800-3200 broker@remaxdistinctive.com RE/MAX Distinctive License #0225238961

RE/MAX Distinctive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,927

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R200

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Space For Rooms
  • Basement with some natural light

Utilities

  • Central Air
  • Back Up Electric Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160800722125

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,927

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 2, Main
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Daylight, Partial, Connecting Stairway, Fully Finished, Heated, Improved, Outside Entrance, Space For Rooms
  • Total Sq Ft: 4974
  • Living Area Sq Ft: 3487
  • Price Per Sq Ft: 238.12
  • Above Grade Finished Sq Ft: 2487
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 1487
  • Total Below Grade Sq Ft: 2487
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Lower Level 1 Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 221300.00
  • Land Assessed Value: 283100.00
  • Lot Size Acres: 0.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24623.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13896019
  • Tax Annual Amount: 5927.00
  • Assessor Parcel Number: 160800722125
  • Tax Lot: 11
  • 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
May 1, 2019
Closed on
Jul 23, 2019
Sold by
Ginsburg Ronald B and Ginsburg Linda Susan
Bought by
Mars Martin B and Mars Agnes
Seller's Agent
Kevin White
RE/MAX Distinctive
Buyer's Agent
Karen Vermeulen
RE/MAX Distinctive
List Price
$592,200
Sold Price
$592,200
Current Estimated Value
$826,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,171
Avg. Annual Appreciation
5.24%
Original Mortgage
$500,000
Outstanding Balance
$437,864
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$388,507
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
Mars Martin B $592,200 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mars Martin B $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $592,200 0.0% $170 / Sq Ft
05/30/2019 05/30/19 For Sale $592,200 0.0% $170 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $592,200 -- $170 / 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 $7,367 $595,000 $297,200 $297,800
2024 $7,367 $589,200 $0 $0
2023 $7,959 $583,400 $0 $0
2022 $6,209 $577,600 $283,100 $294,500
2021 $5,860 $551,500 $0 $0
2020 $5,542 $525,400 $0 $0
2019 $5,236 $499,300 $283,100 $216,200
2018 $2,922 $499,300 $283,100 $216,200
2017 $5,505 $499,300 $0 $0
2016 -- $504,400 $0 $0
2015 $4,343 $484,133 $0 $0
2014 $4,343 $463,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin White

    Seller's Agent in 2019

    Kevin White

    RE/MAX

    (301) 332-2004

    2 in this area

    124 Total Sales

    Kevin White
    Section Image
  • Karen Vermeulen

    Buyer's Agent in 2019

    Karen Vermeulen

    RE/MAX

    (301) 980-1013

    1 in this area

    47 Total Sales

    Karen Vermeulen
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC655996

Bright MLS

APN: 08-00722125

Maryland Montgomery County Olney 20832

3536 Cherry Valley Dr, Olney, MD

Not Listed for Sale

Detached

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