NOT LISTED FOR SALE

3548 Softwood Terrace Olney, MD 20832

Estimated Value: $484,000 - $516,000

3 Beds
3.5 Baths
1,630 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $345,000 $212 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,145/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Community Playground
  • Olney Elementary School Rated A
  • Community Center
  • Central Air

About This Home

As of March 2023

This house sparkles and shines!!! 3 Bedrooms and 2 Full Baths on Upper Level, and an additional Bedroom and Full Bath on Lower Level. Walkout Basement; deck off Living Room. Bright and spacious! Pool, tot lots, and more at your doorstep! Wonderful neighborhood just walking distance to Olney Town Center and restaurants! Send in application; app fee is paid on line once we receive it. Standard GCAAR Application, no online application. Must provide a rental application for each occupant 18 years of age and older. Must also provide photo id's and proof of income.

Last Agent to Rent the Property

Karen Rollings

(301) 924-8200 karenrollings@gmail.com EXP Realty, LLC License #66514 Listed on: 02/28/2023

EXP Realty, LLC

Last Renter's Agent

Mat Segal

(240) 277-1766 mathew.segal@c21nm.com CENTURY 21 New Millennium License #579811

CENTURY 21 New Millennium

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

Lot Details

  • 1,484 Sq Ft Lot

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels

Kitchen

  • Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Laundry in Basement

Schools

  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/1/23
  • Assessor Parcel Number 160802618172

Community Details

Overview

  • Association fees include pool(s), snow removal, trash
  • Williamsburg Village Subdivision

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

Lot Details

0

HOA Fees

$104 per month

Rental Info

  • Date Available: 2023-03-01
  • Pets Allowed: No
  • Security Deposit: 2400.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Washer, Dryer, Disposal, Oven - Single, Stove
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Connecting Stairway, Full, Heated, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1630
  • Price Per Sq Ft: 1.84
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 290
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 104.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground, Community Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1484.00
  • Zoning: PD7

Tax Info

  • Assessor Parcel Number: 160802618172
  • Tax Data Updated: No

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Nov 22, 2017
Sold by
White Andrew C and White Kim Marie
Bought by
Way Gavin D
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Karen Rollings
EXP Realty, LLC
Sold Price
$2,200
Current Estimated Value
$501,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,530
Avg. Annual Appreciation
4.70%
Original Mortgage
$258,750
Outstanding Balance
$217,163
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$282,770
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Way Gavin D $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Way Gavin D $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Off Market $2,350 -- --
03/15/2023 03/15/23 Under Contract -- -- --
03/15/2023 03/15/23 Rented $2,350 0.0% --
03/08/2023 03/08/23 Price Changed $2,350 -2.1% $1 / Sq Ft
02/28/2023 02/28/23 For Rent $2,400 0.0% --
01/19/2023 01/19/23 Rented $2,400 0.0% --
12/30/2022 12/30/22 For Rent $2,400 +9.1% --
02/09/2020 02/09/20 Rented $2,200 0.0% --
01/02/2020 01/02/20 For Rent $2,200 0.0% --
12/12/2017 12/12/17 Rented $2,200 0.0% --
12/12/2017 12/12/17 Under Contract -- -- --
12/01/2017 12/01/17 For Rent $2,200 0.0% --
11/22/2017 11/22/17 Sold $345,000 -1.1% $270 / Sq Ft View Prior Sale
10/15/2017 10/15/17 Pending -- -- --
10/09/2017 10/09/17 Price Changed $349,000 -2.8% $273 / Sq Ft
10/01/2017 10/01/17 For Sale $359,000 0.0% $280 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/04/2017 09/04/17 Price Changed $359,000 -1.6% $280 / Sq Ft
08/02/2017 08/02/17 For Sale $365,000 -- $285 / 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 $4,811 $415,400 $157,500 $257,900
2024 $4,811 $387,000 $0 $0
2023 $4,467 $358,600 $0 $0
2022 $3,971 $330,200 $150,000 $180,200
2021 $1,850 $321,100 $0 $0
2020 $1,850 $312,000 $0 $0
2019 $3,588 $302,900 $150,000 $152,900
2018 $3,481 $293,400 $0 $0
2017 $2,741 $283,900 $0 $0
2016 -- $274,400 $0 $0
2015 $2,410 $272,100 $0 $0
2014 $2,410 $269,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2084364

Bright MLS

APN: 08-02618172