NOT LISTED FOR SALE

4005 Cherry Valley Dr Olney, MD 20832

Estimated Value: $693,000 - $789,000

4 Beds
2.5 Baths
2,616 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $570,000 $218 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,620/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Olney Elementary School Rated A
  • 1 Fireplace
  • 2-minute walk to Cherrywood Local Park

About This Home

As of October 2019

WOW! Stunning, beautifully maintained Olney home looks like a model. Gorgeous home inside and a great lot. You walk into a bright, welcoming home and the feeling continues throughout. Everything flows 4 bedrooms and 2 bathrooms upstairs including a wonderful Master Bedroom Suite with walk-in closet. Kitchen and family room with fire place open to an expansive deck and open backyard Powder room on the main level. Large finished basement area + tons of additional storage (we all need that). Large 2-car garage with extra storage areas. PLUS newer major systems: AC and Hot Water Heat almost brand new. Seriously, this the Olney home you want to see. SCHEDULE A TIME TO SEE THIS HOME NOW!

Last Agent to Sell the Property

Mark Fitzpatrick

(301) 652-0643 mark@fitzhomes.com RLAH @properties License #651727 Listed on: 08/29/2019

RLAH @properties

Last Buyer's Agent

Tedla Mengesha

(703) 378-8810 donnysamson@samsonproperties.net Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Extensive Hardscape
  • Property is zoned R200

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 120/240V
  • 60 Gallon+ Natural Gas Water Heater

Community Details

  • Cherrywood Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 160801787673

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,566

Year Built

Built in 1986

Lot Details

0.28 Acres

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-29
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Total Sq Ft: 3016
  • Living Area Sq Ft: 2616
  • Price Per Sq Ft: 297.62
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Extensive Hardscape
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage Door Opener, Inside Access, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • 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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 224200.00
  • Land Assessed Value: 256000.00
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12360.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13884334
  • Tax Annual Amount: 5566.00
  • Assessor Parcel Number: 160801787673
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 10, 2019
Sold by
Wechsler Michael J and Wechsler Eileen B
Bought by
Gebregiorgis Haimanot and Buta Desalegn G
Seller's Agent
Mark Fitzpatrick
RLAH @properties
Buyer's Agent
Tedla Mengesha
Samson Properties
List Price
$600,000
Sold Price
$570,000
Premium/Discount to List
-$30,000
-5%
Current Estimated Value
$779,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,730
Avg. Annual Appreciation
4.65%
Original Mortgage
$456,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1986
Bought by
Weschler Michael J and E B
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
Gebregiorgis Haimanot $570,000 Cardinal Title Group Llc
Weschler Michael J $149,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebregiorgis Haimanot $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $570,000 -5.0% $218 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $600,000 -- $229 / Sq Ft
Source: Bright MLS

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 $7,211 $641,500 $268,800 $372,700
2024 $7,211 $587,500 $0 $0
2023 $5,805 $533,500 $0 $0
2022 $5,007 $479,500 $256,000 $223,500
2021 $4,940 $478,333 $0 $0
2020 $4,903 $477,167 $0 $0
2019 $4,874 $476,000 $256,000 $220,000
2018 $4,876 $476,000 $256,000 $220,000
2017 $5,131 $476,000 $0 $0
2016 -- $480,200 $0 $0
2015 $4,169 $462,567 $0 $0
2014 $4,169 $444,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC675586

Bright MLS

APN: 08-01787673

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