NOT LISTED FOR SALE

4005 Gelding Ln Olney, MD 20832

Olney Area

Estimated Value: $703,000 - $755,918

4 Beds
3 Baths
2,759 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2019

Last sale price $470,000 $170 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,579 / mo

62 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of November 2019

Immaculate brick front colonial with two-car garage located in the heart of Olney! This 4 bedroom 3.5 bath gem boasts hardwood floors in foyer, living room and dining room. The family room also with gleaming hardwoods features a wood-burning fireplace. Kitchen with granite counters, stainless steel appliances and breakfast nook with slider leading to spacious deck and level fenced yard. Laundry/mudroom off of kitchen with new w/d ('18). All 4 bedrooms are on the second level! Finished basement with full bath, recreation room, and office/den. No HOA. Less than 10 minutes to the ICC.

Last Agent to Sell the Property

Emily Cottone

(301) 658-6186 emily.cottone@redfin.com Redfin Corp License #665441 Listed on: 09/04/2019

Redfin Corp

Last Buyer's Agent

Wendy Vasquez

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC License #638314

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,754

Year Built

  • Built in 1973

Lot Details

  • 13,611 Sq Ft Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Dryer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 160801480612

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,754

Year Built

Built in 1973

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Built-In Microwave, Exhaust Fan, Icemaker, Refrigerator, Stainless Steel Appliances, Stove, Trash Compactor, Dryer
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Crown Moldings, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3009
  • Living Area Sq Ft: 2759
  • Price Per Sq Ft: 236.44
  • Above Grade Finished Sq Ft: 2009
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 250
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 238400.00
  • Land Assessed Value: 259500.00
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13611.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13935516
  • Tax Annual Amount: 5754.00
  • Assessor Parcel Number: 160801480612
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 18, 2019
Sold by
Bought by
Seller's Agent
Emily Cottone
Redfin Corp
Buyer's Agent
Wendy Vasquez
Smart Realty, LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$728,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,730
Avg. Annual Appreciation
6.78%
Original Mortgage
$461,487
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 17, 2018
Sold by
Bought by
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Chukwuemeka Mokwunye
Compass
List Price
$529,900
Sold Price
$499,990
Premium/Discount to List
-$29,910
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.49%
Original Mortgage
$399,992
Interest Rate
0.0422%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 1, 2014
Sold by
Bought by
Seller's Agent
Debby Wimsatt
RE/MAX Realty Centre, Inc.
Buyer's Agent
Tina Cheung
EXP Realty, LLC
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$490,845
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 19, 2011
Closed on
Jan 17, 2012
Sold by
Bought by
Seller's Agent
Christine Sherrod
Weichert, REALTORS
Buyer's Agent
Alecia Scott
Samson Properties
List Price
$469,900
Sold Price
$449,900
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$424,099
Interest Rate
0.0392%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Jacquie S Title Group
$499,990 Title Forward
$499,900 Stewart Title
$449,900 First American Title Insuran
$205,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $460,775
Closed $461,487
Previous Owner $399,992
Previous Owner $490,845
Previous Owner $424,099
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2019 11/19/19 Sold $470,000 -1.1% $170 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $475,000 0.0% $172 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $475,000 -5.0% $172 / Sq Ft
09/20/2019 09/20/19 Price Changed $499,900 -2.9% $181 / Sq Ft
09/04/2019 09/04/19 For Sale $515,000 +3.0% $187 / Sq Ft
02/23/2018 02/23/18 Sold $499,990 0.0% $249 / Sq Ft View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $499,990 -3.8% $249 / Sq Ft
11/30/2017 11/30/17 Price Changed $519,900 -1.9% $259 / Sq Ft
11/08/2017 11/08/17 For Sale $529,900 +6.0% $264 / Sq Ft
05/16/2014 05/16/14 Sold $499,900 0.0% $249 / Sq Ft View Prior Sale
04/05/2014 04/05/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $499,900 0.0% $249 / Sq Ft
03/18/2014 03/18/14 Off Market $499,900 -- --
03/18/2014 03/18/14 For Sale $499,900 +11.1% $249 / Sq Ft
01/17/2012 01/17/12 Sold $449,900 0.0% $149 / Sq Ft View Prior Sale
12/12/2011 12/12/11 Pending -- -- --
12/05/2011 12/05/11 Price Changed $449,900 -4.3% $149 / Sq Ft
11/19/2011 11/19/11 For Sale $469,900 -- $156 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,291 $586,900 $272,500 $314,400
2024 $6,811 $552,800 $0 $0
2023 $7,088 $518,700 $0 $0
2022 $5,063 $484,600 $259,500 $225,100
2021 $5,009 $484,600 $259,500 $225,100
2020 $4,985 $484,600 $259,500 $225,100
2019 $5,063 $493,100 $259,500 $233,600
2018 $5,065 $493,100 $259,500 $233,600
2017 $5,335 $493,100 $0 $0
2016 -- $497,900 $0 $0
2015 $3,826 $463,700 $0 $0
2014 $3,826 $429,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Vasquez

    Buyer's Agent in 2019

    Wendy Vasquez

    Smart Realty, LLC

    (240) 370-2924

    30 Total Sales

    Wendy Vasquez
    Section Image
  • Adam Virkus

    Seller's Agent in 2018

    Adam Virkus

    RE/MAX

    (240) 672-2205

    65 Total Sales

    Adam Virkus
    Section Image

  • D

    Seller's Agent in 2014

    Debby Wimsatt

    RE/MAX

    Section Image
  • Tina Cheung

    Buyer's Agent in 2014

    Tina Cheung

    EXP Realty, LLC

    (240) 463-8979

    138 Total Sales

    Tina Cheung
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC677036

Bright MLS

APN: 08-01480612

Maryland Montgomery County Olney 20832

4005 Gelding Ln, Olney, MD

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