NOT LISTED FOR SALE

3550 Softwood Terrace Olney, MD 20832

Estimated Value: $480,000 - $520,000

4 Beds
3.5 Baths
1,280 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $348,000 $272 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,200/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Community Pool
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Tennis Courts

About This Home

As of August 2018

Move right into your new light filled home that has been freshly painted and outfitted with new carpet and new stainless steel appliances just for you! Community clubhouse and pool and front lawn maintenance included in the HOA fee! Williamsburg Village is a coveted community, this won't last long! Make it yours and enjoy summer living.

Last Agent to Sell the Property

Jeannie Bausch

(866) 987-3937 visitme@achangeofaddress.net Douglas Realty Listed on: 06/29/2018

Douglas Realty

Last Buyer's Agent

Jorge Alvarez

(703) 869-8884 jalvarez@firstdecisionrealty.net First Decision Realty LLC License #0225087639

First Decision Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 1987

Lot Details

  • 1,484 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160802618183

Community Details

Overview

  • Association fees include lawn care front, parking fee, recreation facility, pool(s), snow removal, trash
  • Homeland Village Community
  • Williamsburg Village Subdivision
  • The community has rules related to covenants

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,409

Year Built

Built in 1987

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Wood Floors, Primary Bath(s), Window Treatments
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • 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
  • Parking Features: Unassigned

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 113.85
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Recreational Center, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Parking Fee, Recreation Facility, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 162700.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1484
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1484.00
  • Property Condition: Very Good
  • Zoning: PD7

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887031
  • Tax Annual Amount: 3409.09
  • Assessor Parcel Number: 160802618183
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 20, 2018
Sold by
Ahmed Mogees and Uddin Mohammed A
Bought by
Vuong Dat and Chau The Bich
Seller's Agent
Jeannie Bausch
Douglas Realty
Buyer's Agent
Jorge Alvarez
First Decision Realty LLC
List Price
$359,999
Sold Price
$348,000
Premium/Discount to List
-$11,999
-3.33%
Current Estimated Value
$505,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,338
Avg. Annual Appreciation
5.25%
Original Mortgage
$313,200
Outstanding Balance
$272,002
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$233,336

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 1, 2015
Sold by
Olumoya Pamela Ridley and Olumoya Pamela L
Bought by
Ahmed Mogees and Uddin Mohammed A
Seller's Agent
Jeff Zinner
RE/MAX Realty Group
Buyer's Agent
Fouzia Shah
Partners Real Estate
List Price
$324,900
Sold Price
$326,900
Premium/Discount to List
$2,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$320,978
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2003
Sold by
Olumoya John O
Bought by
Olumoya Pamela Ridley
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
Vuong Dat $348,000 None Available
Ahmed Mogees $326,900 First American Title Ins Co
Olumoya Pamela Ridley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuong Dat $313,200
Previous Owner Ahmed Mogees $320,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold $348,000 -0.6% $272 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/18/2018 07/18/18 Price Changed $350,000 -2.8% $273 / Sq Ft
07/09/2018 07/09/18 For Sale $359,999 0.0% $281 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $359,999 +10.1% $281 / Sq Ft
05/01/2015 05/01/15 Sold $326,900 -0.9% $170 / Sq Ft View Prior Sale
03/09/2015 03/09/15 Pending -- -- --
03/09/2015 03/09/15 Price Changed $329,900 +1.5% $172 / Sq Ft
03/06/2015 03/06/15 For Sale $324,900 -- $169 / 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 $5,140 $447,300 $157,500 $289,800
2024 $5,140 $415,600 $0 $0
2023 $4,066 $383,900 $0 $0
2022 $3,522 $352,200 $150,000 $202,200
2021 $3,328 $339,033 $0 $0
2020 $3,161 $325,867 $0 $0
2019 $3,004 $312,700 $150,000 $162,700
2018 $2,831 $297,233 $0 $0
2017 $2,607 $281,767 $0 $0
2016 -- $266,300 $0 $0
2015 $2,327 $264,133 $0 $0
2014 $2,327 $261,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001960850

Bright MLS

APN: 08-02618183