NOT LISTED FOR SALE

3713 Mount Olney Ln Olney, MD 20832

Estimated Value: $644,000 - $676,511

4 Beds
2.5 Baths
2,302 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $482,000 $209 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,977/month

9 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Baseball Field
  • Belmont Elementary School Rated A
  • Community Pool
  • 4-minute walk to Treadway Playground

About This Home

As of August 2020

Welcome to this wonderful storybook family home in Olney Mill. You'll immediately appreciate how bright and airy it feels! Hardwood floors reflect the sunny natural light throughout the main level . The home offers an open design concept perfect for entertaining. The kitchen has a breakfast area and updated appliances with more than enough room for everyone. There are four large bedrooms and two full baths in the west side wing. Owner's bedroom has a private en-suite bath. In the lower level, you'll find a rec room offering plenty of space to expand. Use it as a media room, a home office, children's den, or just relax and entertain friends- and there is the added comfort of a nearby half bath and entry to a private 2-car garage. Also, on this level, you'll find a convenient laundry area , and plenty of potential for future expansion or storage. Lovingly cared for by the same family for generations, this home also features beautiful landscaping and an awesome backyard -- just perfect for children and pets. Sold As-Is. Estate Sale. Great opportunity for the right buyer - Home Warranty Coverage Included

Last Agent to Sell the Property

Lucie Lynch

(410) 707-1409 lucielynchhomes@gmail.com Fairfax Realty Premier License #0225183039 Listed on: 07/11/2020

Fairfax Realty Premier

Last Buyer's Agent

Solomon Belayneh

solomon.belayneh@lnf.com Long & Foster Real Estate, Inc. License #sp200204163

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 1972

Lot Details

  • 0.42 Acre Lot
  • Property is in average condition
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Formal Dining Room
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 6
  • Assessor Parcel Number 160800745651

Community Details

Overview

  • Association fees include common area maintenance
  • Olney Mill Subdivision

Amenities

  • Picnic Area

Recreation

  • Baseball Field
  • Soccer Field
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,148

Year Built

Built in 1972

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-07-14
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Exhaust Fan, Stove
  • Flooring Type: Hardwood, Ceramic Tile, Laminated
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors, Stall Shower, Tub Shower, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Improved, Partially Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2302
  • Living Area Sq Ft: 2302
  • Price Per Sq Ft: 300.87
  • Above Grade Finished Sq Ft: 1602
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Oversized, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 68.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Picnic Area, Pool Mem Avail, Soccer Field, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 197700.00
  • Land Assessed Value: 243200.00
  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18308.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Average
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13934177
  • Tax Annual Amount: 5148.00
  • Assessor Parcel Number: 160800745651
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 31, 2020
Sold by
Rosquist Elaine and Byrd Kathleen
Bought by
Abate Destaw A and Belai Fetlework M
Seller's Agent
Lucie Lynch
Fairfax Realty Premier
Buyer's Agent
Solomon Belayneh
Long & Foster Real Estate, Inc.
List Price
$479,999
Sold Price
$482,000
Premium/Discount to List
$2,001
0.42%
Current Estimated Value
$663,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,378
Avg. Annual Appreciation
6.08%
Original Mortgage
$467,540
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2020
Sold by
Rosquist Elaine and Estate Of Michael L Fellin
Bought by
Rosquist Elaine and Byrd Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abate Destaw A $482,000 Rgs Title
Rosquist Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abate Destaw A $467,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $482,000 0.0% $209 / Sq Ft
07/29/2020 07/29/20 Price Changed $482,000 +0.4% $209 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $479,999 -- $209 / 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 $6,317 $544,400 $255,300 $289,100
2024 $6,317 $509,900 $0 $0
2023 $5,205 $475,400 $0 $0
2022 $4,581 $440,900 $243,200 $197,700
2021 $4,517 $439,967 $0 $0
2020 $4,482 $439,033 $0 $0
2019 $3,727 $438,100 $243,200 $194,900
2018 $3,548 $418,533 $0 $0
2017 $3,972 $398,967 $0 $0
2016 $3,771 $379,400 $0 $0
2015 $3,771 $379,400 $0 $0
2014 $3,771 $379,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC713252

Bright MLS

APN: 08-00745651