NOT LISTED FOR SALE

3542 Softwood Terrace Olney, MD 20832

Estimated Value: $490,000 - $551,000

4 Beds
3.5 Baths
1,778 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $389,900 $219 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,278/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Community Playground
  • Olney Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Your lucky day has arrived. You are going to fall in love with this beautifully updated end-unit townhome in convenient Williamsburg Village. This lovely home features great open space, large rooms throughout, Spectacular Renovated Kitchen with all of the bells and whistles, Updated Master Bedroom, Updated Windows and sliding glass Doors, 4 Bedrooms, 3 Full Bathrooms, large finished walk-out basement and the list goes on. And wait until you see the huge Fenced Backyard and Deck!

Last Agent to Sell the Property

Susan Ellis

(301) 367-9032 susanellishomes@gmail.com RE/MAX Realty Centre, Inc. License #504124 Listed on: 02/28/2020

RE/MAX Realty Centre, Inc.

Co-Listed By

Tracy Onslow

(410) 829-2219 tonslow@gmail.com RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Karim Fadli

(301) 343-4818 thefadliteam@gmail.com Long & Foster Real Estate, Inc. License #SP695076

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1987

Lot Details

  • 2,310 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $126 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 160802618148

Community Details

Overview

  • Association fees include common area maintenance, trash, lawn care front, snow removal
  • Homeland Village HOA
  • Williamsburg Village Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,771

Year Built

Built in 1987

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-02-29
  • Year Built: 1987
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 1778
  • Price Per Sq Ft: 293.60
  • Above Grade Finished Sq Ft: 1328
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 238
  • Total Below Grade Sq Ft: 688
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 126.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Swimming Pool, Tot Lots/Playground, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Lawn Care Front, Snow Removal
  • HOA Name: HOMELAND VILLAGE
  • 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: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 198100.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2310.00
  • Property Condition: Very Good
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937620
  • Tax Annual Amount: 3771.00
  • Assessor Parcel Number: 160802618148
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 22, 2020
Sold by
Krainak Daniel and Neal Linda O
Bought by
Khattar Lara K and Wilkins Joshua R
Seller's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Karim Fadli
Long & Foster Real Estate, Inc.
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$518,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,760
Avg. Annual Appreciation
5.20%
Original Mortgage
$370,405
Outstanding Balance
$328,751
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$189,909

Purchase Details

Listed on
Mar 16, 2013
Closed on
May 30, 2013
Sold by
Carbonell Josed Ivan and Carbonell Carrie E
Bought by
Krainak Daniel and Oneal Linda
Seller's Agent
Holly Mueck
Humanity Realtors, Inc.
Buyer's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$299,250
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Lagrotteria Madelyne
Bought by
Carbonell Joed Ivan and Carbonell Carrie E

Purchase Details

Closed on
Jul 31, 2001
Sold by
Eisenberg Debra A
Bought by
Lagrotteria Madelyne
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
Khattar Lara K $389,900 District Title A Corporation
Krainak Daniel $315,000 Stewart Title
Carbonell Joed Ivan $305,000 --
Lagrotteria Madelyne $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khattar Lara K $370,405
Previous Owner Krainak Daniel $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2020 04/22/20 Sold $389,900 0.0% $219 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $389,900 +23.8% $219 / Sq Ft
05/31/2013 05/31/13 Sold $315,000 -1.6% $156 / Sq Ft View Prior Sale
03/17/2013 03/17/13 Pending -- -- --
03/17/2013 03/17/13 Price Changed $320,000 +3.2% $159 / Sq Ft
03/16/2013 03/16/13 For Sale $310,000 -- $154 / 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 $5,077 $441,100 $157,500 $283,600
2024 $5,077 $410,100 $0 $0
2023 $5,395 $379,100 $0 $0
2022 $3,477 $348,100 $150,000 $198,100
2021 $3,323 $338,600 $0 $0
2020 $3,197 $329,100 $0 $0
2019 $3,080 $319,600 $150,000 $169,600
2018 $2,963 $309,133 $0 $0
2017 $2,859 $298,667 $0 $0
2016 -- $288,200 $0 $0
2015 $2,473 $283,267 $0 $0
2014 $2,473 $278,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC693966

Bright MLS

APN: 08-02618148