NOT LISTED FOR SALE

4021 Morningwood Dr Olney, MD 20832

Estimated Value: $707,455 - $750,000

3 Beds
3.5 Baths
2,437 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $473,000 $194 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,487/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Great Room
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of June 2019

PRICE REDUCTION!!! Beautifully updated home in the heart of Olney. Freshly painted, new carpeting and refinished hardwood floors. Refreshed Bathrooms and Power Washed Deck. Recently Replaced Roof and Skylight! This house is move-in ready! Bright and sunny Kitchen with granite countertop and tile backsplash. Large family room with wood burning fireplace. Upstairs features 3 large Bedrooms including an expansive Master Suite with tons of closet space and en-suite Master Bath. Walk-out Basement with huge res-room, built-in shelving, full bathroom and laundry/utility/storage room.

Last Agent to Sell the Property

David Abramson

(240) 475-5001 david.abramson@compass.com Compass Listed on: 03/19/2019

Compass

Last Buyer's Agent

Hermann Sama

hermann.sama@gmail.com Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 1987

Lot Details

  • 6,060 Sq Ft Lot
  • Property is zoned PD7

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 160802628422

Community Details

Overview

  • Williamsburg Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,566

Year Built

Built in 1987

Lot Details

0

HOA Fees

$72 per month

Parking

1

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: 2019-03-22
  • Year Built: 1987
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Great Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Total Sq Ft: 2437
  • Living Area Sq Ft: 2437
  • Price Per Sq Ft: 282.67
  • Above Grade Finished Sq Ft: 1627
  • Below Grade Finished Sq Ft: 810
  • Total Below Grade Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 71.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Tennis Courts
  • HOA: Yes
  • Senior Community: 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: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 163900.00
  • Land Assessed Value: 229700.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6060.00
  • Zoning: PD7
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13937631
  • Tax Annual Amount: 4566.00
  • Assessor Parcel Number: 160802628422
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 20, 2019
Sold by
Brauner Bernard M and Brauner Susan L
Bought by
Welang Viola V and Sama Hermann A
Seller's Agent
David Abramson
Compass
Buyer's Agent
Hermann Sama
Keller Williams Capital Properties
List Price
$469,900
Sold Price
$473,000
Premium/Discount to List
$3,100
0.66%
Current Estimated Value
$726,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,114
Avg. Annual Appreciation
6.85%
Original Mortgage
$458,810
Outstanding Balance
$402,588
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$323,526

Purchase Details

Closed on
Jul 16, 1996
Sold by
S Roger L and S Adam C
Bought by
L Bernard M and L Brauner S
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
Welang Viola V $473,000 Kvs Title Llc
L Bernard M $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welang Viola V $458,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $473,000 +2.8% $194 / Sq Ft
04/26/2019 04/26/19 Price Changed $459,900 -2.1% $189 / Sq Ft
03/20/2019 03/20/19 For Sale $469,900 -- $193 / 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 $7,154 $646,500 $241,200 $405,300
2024 $7,154 $582,533 $0 $0
2023 $7,086 $518,567 $0 $0
2022 $4,732 $454,600 $229,700 $224,900
2021 $4,454 $434,267 $0 $0
2020 $4,205 $413,933 $0 $0
2019 $3,966 $393,600 $229,700 $163,900
2018 $3,874 $385,333 $0 $0
2017 $3,850 $377,067 $0 $0
2016 -- $368,800 $0 $0
2015 $3,334 $362,333 $0 $0
2014 $3,334 $355,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC624734

Bright MLS

APN: 08-02628422