NOT LISTED FOR SALE

3712 Mount Olney Ln Olney, MD 20832

Estimated Value: $592,000 - $627,910

4 Beds
2.5 Baths
2,178 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $585,000 $269 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,649/month

5 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • 1 Fireplace
  • Belmont Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Treadway Playground

About This Home

As of July 2024

! Taking back up contracts
3712 Mount Olney Lane in Olney, Maryland, nestled within the charming Olney Mill Community, presents a picturesque setting ideal for convenient living. This spacious brick rambler offers 4 bedrooms and 2.5 baths, featuring a deck that overlooks a tranquil walking trail and Olney Mill Park, providing a serene backdrop for outdoor enjoyment.

Upon entering, the home welcomes you with a kitchen has been thoughtfully updated, enhancing both functionality and style. A finished basement adds significant living space and includes a cozy fireplace, perfect for gatherings or relaxation. The basement also features a convenient walkout to a patio area, seamlessly connecting indoor and outdoor living.

Recent updates such as a new roof in 2019, along with newer HVAC and hot water heater, ensure comfort and peace of mind for years to come. The property boasts a beautifully treed yard, offering shade and privacy, making it an ideal retreat within the community.

With its "great bones" and potential for personalization, 3712 Mount Olney Lane presents a wonderful opportunity to make this house your own by adding finishing touches that suit your lifestyle and preferences. Whether enjoying the peaceful surroundings or taking advantage of nearby amenities, this home offers a perfect blend of comfort, convenience, and potential. Sold AS IS.

Last Agent to Sell the Property

Jenni Davies

(301) 466-1228 justjennidavies@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #504127 Listed on: 06/27/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Francis DeSouza

(301) 908-9627 realtor.fdesouza@gmail.com Long & Foster Real Estate, Inc. License #594488

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,504

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 160800745343

Community Details

Overview

  • Olney Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,504

Year Built

Built in 1972

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-06-27
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Walk-In Closet(s), Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2756
  • Living Area Sq Ft: 2178
  • Price Per Sq Ft: 417.27
  • Above Grade Finished Sq Ft: 1378
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 578
  • Total Below Grade Sq Ft: 1378
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 72.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12470.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5504.00
  • Assessor Parcel Number: 160800745343
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Solangaarachchi Don A and Solangaarachchi Vidana L
Bought by
Don Arjuna Solangaarachchi Living Trust and Vidana L Solangaarachchi Living Trust
Current Estimated Value
$609,478

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 30, 2024
Sold by
Sugrue Theresa Ellen and Smith Jacqueline Sugrue
Bought by
Solangaarachchi Don A and Solangaarachchi Vidana L
Seller's Agent
Jenni Davies
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Francis DeSouza
Long & Foster Real Estate, Inc.
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$555,750
Interest Rate
6.87%
Mortgage Type
New Conventional
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
Don Arjuna Solangaarachchi Living Trust -- None Listed On Document
Solangaarachchi Don A $585,000 Rgs Title
Solangaarachchi Don A $585,000 Rgs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solangaarachchi Don A $555,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $585,000 +1.7% $269 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $575,000 0.0% $264 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $575,000 -- $264 / 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 $5,852 $497,600 $240,100 $257,500
2024 $5,852 $469,467 -- --
2023 $4,033 $441,333 $0 $0
2022 $3,594 $413,200 $228,800 $184,400
2021 $7,068 $412,333 $0 $0
2020 $6,956 $411,467 $0 $0
2019 $3,478 $410,600 $228,800 $181,800
2018 $3,311 $392,333 $0 $0
2017 $2,905 $374,067 $0 $0
2016 -- $355,800 $0 $0
2015 $3,425 $355,800 $0 $0
2014 $3,425 $355,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2136724

Bright MLS

APN: 08-00745343