NOT LISTED FOR SALE

4008 Shallow Brook Ln Olney, MD 20832

Estimated Value: $738,000 - $784,000

4 Beds
4 Baths
2,485 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $700,000 $282 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,577/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • 1 Fireplace
  • Belmont Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2022

Impeccable Colonial in Olney Oaks -Move-in and start enjoying your new home without doing a thing! It will check all of your boxes which include 3 beautiful finished levels, a flat fenced backyard, 4 spacious bedrooms, large family room with wood burning fireplace, updated kitchen with light cabinets, updated bathrooms, updated windows, updated garage doors and the list goes on!

Some of the most current updates include:
Deck replaced October 2016,
Refrigerator /Dishwasher replaced April 2017,
2 outdoor water spigots replaced September 2017,
Roof replacement, wider gutters and downspouts June 2019,
HVAC and Heat Pump replaced July 2019,
Fence replaced January 2020,
Washer and Dryer replaced September 2020,
Range February 2021,
Hot Water Heater 2022.

Great Home, Great Neighborhood and Great Schools!

Last Agent to Sell the Property

Susan Ellis

(301) 367-9032 susanellishomes@gmail.com RE/MAX Realty Centre, Inc. License #504124 Listed on: 06/01/2022

RE/MAX Realty Centre, Inc.

Co-Listed By

Tracy Onslow

(410) 829-2219 tonslow@gmail.com RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Holly Mueck

(301) 613-4357 humanityrealtors@gmail.com Humanity Realtors, Inc. License #300042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1983

Lot Details

  • 10,000 Sq Ft Lot
  • Back Yard Fenced
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Partially Finished Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance
  • Olney Oaks HOA
  • Built by Ryan
  • Olney Oaks Subdivision, Impeccable In Every Way! Floorplan

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160802034051

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 1983

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-02
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Laundry, Recreation Room, Storage Room, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 3040
  • Living Area Sq Ft: 2485
  • Price Per Sq Ft: 356.25
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Finished Sq Ft: 485
  • Below Grade Sq Ft: 555
  • Total Below Grade Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • 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: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 220.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: OLNEY OAKS HOA
  • HOA: Yes
  • Senior Community: No

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

  • Fencing: Rear
  • Improvement Assessed Value: 239700.00
  • Land Assessed Value: 249500.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Building Info

  • Builder Name: Ryan

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13885117
  • Tax Annual Amount: 5695.00
  • Assessor Parcel Number: 160802034051
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 1, 2022
Sold by
James Wise Arnett
Bought by
Groeger Benjamin S and Groeger Jessica R
Seller's Agent
Susan Ellis
RE/MAX Realty Centre, Inc.
Buyer's Agent
Holly Mueck
Humanity Realtors, Inc.
List Price
$712,500
Sold Price
$700,000
Premium/Discount to List
-$12,500
-1.75%
Current Estimated Value
$758,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,149
Avg. Annual Appreciation
2.31%
Original Mortgage
$490,000
Outstanding Balance
$469,163
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$288,986

Purchase Details

Closed on
Jan 30, 1989
Bought by
Wise Arnett J and L M
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
Groeger Benjamin S $700,000 Lakeside Title
Wise Arnett J $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groeger Benjamin S $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $700,000 -1.8% $282 / Sq Ft
06/01/2022 06/01/22 For Sale $712,500 -- $287 / 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 $7,464 $669,600 $262,000 $407,600
2024 $7,464 $609,467 $0 $0
2023 $5,052 $549,333 $0 $0
2022 $4,282 $489,200 $249,500 $239,700
2021 $0 $484,033 $0 $0
2020 $0 $478,867 $0 $0
2019 $4,849 $473,700 $249,500 $224,200
2018 $5,160 $467,133 $0 $0
2017 $5,241 $460,567 $0 $0
2016 -- $454,000 $0 $0
2015 $4,756 $448,000 $0 $0
2014 $4,756 $442,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2052798

Bright MLS

APN: 08-02034051