NOT LISTED FOR SALE

3554 Softwood Terrace Olney, MD 20832

Estimated Value: $512,000 - $546,645

4 Beds
3.5 Baths
2,016 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $365,000 $181 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,312/month

9 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Deck
  • Olney Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2017

Exquisite corner end unit open view on 3 sides HW's throughou te xcept Kitchen & LL. Remodeled kit & brkfst Rm Stunning maple cabs,beveled edge granite,SS appl's, pass thru, separate DR,LR w/box bay win,natural light.New slider to large deck w/built in retractable RC awning .FR w/wood burning FP,BR & upgraded BA on LL,.3 panel glass slider to patio & fenced yd.7 yr roof Walk to all of Olney!

Last Agent to Sell the Property

Merry Sloane

(301) 943-8612 merrysloane@gmail.com RE/MAX Realty Centre, Inc. License #521459 Listed on: 03/27/2017

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Tina Cheung

(240) 463-8979 tina@thegoldstandardgroup.com EXP Realty, LLC License #601422

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1987

Lot Details

  • 2,190 Sq Ft Lot
  • 1 Common Wall
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Self-Cleaning Oven
  • Microwave
  • Extra Refrigerator or Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Shelving
  • Basement Windows

Home Security

Parking

  • Parking Space Number Location: 6
  • 1 Assigned Parking Space

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Fiber Optics Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 160802618206

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Williamsburg Village Subdivision, Remodeled Kitchen! Floorplan
  • Homeland Village Townhouse Ass Community
  • The community has rules related to alterations or architectural changes, covenants, parking rules

Amenities

  • Clubhouse
  • Community Center
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,363

Year Built

Built in 1987

Lot Details

0

HOA Fees

$104 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: 2017-03-27
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Self Cleaning, Water Heater, Energy Star Dishwasher, Energy Star Refrigerator
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Breakfast Area, Kitchen - Country, Chair Railings, Upgraded Countertops, Crown Moldings, Primary Bath(s), Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Screens
  • Fireplace Features: Mantel(s), Screen, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Atrium, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Fully Finished, Heated, Improved, Full, Shelving, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 284.64
  • Above Grade Finished Sq Ft: 1328
  • Below Grade Finished Sq Ft: 688
  • Total Below Grade Sq Ft: 688
  • Above Grade Finished 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

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Asphalt
  • 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
  • Parking Space Number Assigned: 6

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 103.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Recreational Center, Tennis Courts, Community Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Parking
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 149400.00
  • Land Assessed Value: 150000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Area: 2190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2190.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: PD7

Green Features

  • Efficiency: Appliances
  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887033
  • Tax Annual Amount: 3362.71
  • Assessor Parcel Number: 160802618206
  • Tax Lot: 25
  • 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
Mar 27, 2017
Closed on
May 18, 2017
Sold by
Manolios Dimitrios and Manolios Suela
Bought by
Zhou Zong Yi and Xie Wei Ling
Seller's Agent
Merry Sloane
RE/MAX Realty Centre, Inc.
Buyer's Agent
Tina Cheung
EXP Realty, LLC
List Price
$378,000
Sold Price
$365,000
Premium/Discount to List
-$13,000
-3.44%
Current Estimated Value
$524,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,161
Avg. Annual Appreciation
4.32%
Original Mortgage
$292,000
Outstanding Balance
$242,299
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$281,862

Purchase Details

Closed on
Sep 17, 1987
Bought by
Manolios Dimitrios and Manolios S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhou Zong Yi $366,000 First Amer Title Ins Co
Manolios Dimitrios $101,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Zong Yi $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $365,000 -3.4% $181 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $378,000 -- $188 / 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 $5,410 $473,400 $157,500 $315,900
2024 $5,410 $439,033 $0 $0
2023 $4,305 $404,667 $0 $0
2022 $3,722 $370,300 $150,000 $220,300
2021 $3,130 $346,667 $0 $0
2020 $3,130 $323,033 $0 $0
2019 $2,857 $299,400 $150,000 $149,400
2018 $2,753 $290,200 $0 $0
2017 $2,708 $281,000 $0 $0
2016 -- $271,800 $0 $0
2015 $2,415 $270,533 $0 $0
2014 $2,415 $269,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Merry Sloane

    Seller's Agent in 2017

    Merry Sloane

    RE/MAX

    (301) 943-8612

    6 in this area

    22 Total Sales

    Merry Sloane
    Section Image
  • Tina Cheung

    Buyer's Agent in 2017

    Tina Cheung

    EXP Realty, LLC

    (240) 463-8979

    5 in this area

    187 Total Sales

    Tina Cheung
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002499337

Bright MLS

APN: 08-02618206

Maryland Montgomery County Olney 20832

3554 Softwood Terrace, Olney, MD

Not Listed for Sale

Townhouses

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