NOT LISTED FOR SALE

3920 Mount Olney Ln Olney, MD 20832

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

3 Beds
3 Baths
2,178 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $530,000 $243 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,957/month

35 Days on Market

Highlights

  • Rambler Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Belmont Elementary School Rated A
  • 1 Attached Carport Space
  • Ceiling Fan

About This Home

As of May 2020

Wonderful Olney Mill Rambler with completely remodeled kitchen featuring 42" cherry cabinets, granite counters and stainless appliances. Replaced windows and sliding glass door to deck. Roof was replaced in 2012, HVAC in 2018, upgraded electrical panel 2011. Hardwood floors throughout main level with tile in bathrooms and kitchen. Interior painting recently completed and new carpet installed in expansive recreation room. A full laundry room with utility sink and workspace was recently added (washer 2015 and dryer 2011). The lower level also features a living room with windows, brick fireplace and sliding glass doors to a screened in porch. The property is fully fenced. Pride of ownership shows! https://youtu.be/bZ0EudHC8Xs

Last Agent to Sell the Property

Jane Stillwell

(240) 505-9255 team@janestillwell.com RE/MAX Realty Centre, Inc. License #522501 Listed on: 03/24/2020

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Elizabeth Cummings Bacigalupo

(301) 518-2051 elizabeth.cummings@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1969

Lot Details

  • 0.43 Acre Lot
  • Property is Fully Fenced
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Mantel

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Finished Basement

  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • 3 Driveway Spaces
  • 1 Attached Carport Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160800742203

Community Details

Overview

  • Olney Mill HOA, Phone Number (240) 324-6692
  • Olney Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

Built in 1969

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
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-03-24
  • Year Built: 1969
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 2756
  • Living Area Sq Ft: 2178
  • Price Per Sq Ft: 362.12
  • 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: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 213.26
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 68.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OLNEY MILL
  • HOA Phone: 240.324.6692
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully
  • Improvement Assessed Value: 185500.00
  • Land Assessed Value: 244100.00
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18664.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13897190
  • Tax Annual Amount: 5027.00
  • Assessor Parcel Number: 160800742203
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 28, 2020
Sold by
Hillhouse Michael David and Hillhouse Roberta Susan
Bought by
Brown Roger Owen and Brown Robina Lynn
Seller's Agent
Jane Stillwell
RE/MAX Realty Centre, Inc.
Buyer's Agent
Elizabeth Cummings Bacigalupo
Coldwell Banker Realty
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Current Estimated Value
$659,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,695
Avg. Annual Appreciation
3.94%
Original Mortgage
$424,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Brown Roger Owen $530,000 Federal Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Roger Owen $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $530,000 +6.2% $243 / Sq Ft
04/30/2020 04/30/20 For Sale $499,000 -5.8% $229 / Sq Ft
04/29/2020 04/29/20 Off Market $530,000 -- --
04/29/2020 04/29/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $499,000 -5.8% $229 / Sq Ft
03/30/2020 03/30/20 Off Market $530,000 -- --
03/24/2020 03/24/20 For Sale $499,000 -- $229 / 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 $6,299 $547,700 $256,200 $291,500
2024 $6,299 $508,333 $0 $0
2023 $5,131 $468,967 $0 $0
2022 $4,456 $429,600 $244,100 $185,500
2021 $4,393 $428,767 $0 $0
2020 $8,719 $427,933 $0 $0
2019 $4,335 $427,100 $244,100 $183,000
2018 $4,132 $408,700 $0 $0
2017 $3,886 $390,300 $0 $0
2016 $3,595 $371,900 $0 $0
2015 $3,595 $371,900 $0 $0
2014 $3,595 $371,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC700856

Bright MLS

APN: 08-00742203