NOT LISTED FOR SALE

4201 Gelding Ln Olney, MD 20832

Estimated Value: $677,000 - $762,000

4 Beds
2.5 Baths
1,903 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $649,900 $342 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,483/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Olney Elementary School Rated A
  • 1 Fireplace
  • 2-minute walk to Olney Square Neighborhood Park

About This Home

As of January 2024

PRICE IMPROVEMENT!!! to $649,900

Welcome to this beautifully renovated two-story colonial in Olney, MD. This home features four spacious bedrooms, two and a half bathrooms, a cozy family room with a fireplace, and a large backyard. The kitchen has been updated with recently replaced cabinets, countertops, and appliances. The bathrooms have been remodeled with new fixtures and vanities. The hardwood floors have been refinished. The home also has a recently replaced roof, windows, new siding, and HVAC system. This home is move-in ready and waiting for you.

The property will be on the market mid-November. New interior photos will be uploaded on 11/14/2023.

Call Jeffrey Vinson for additional information.

Last Agent to Sell the Property

Jeffrey Vinson

Samson Properties License #17924 Listed on: 11/16/2023

Samson Properties

Last Buyer's Agent

Frances Castillo

RE/MAX Excellence Realty License #518962

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,968

Year Built

  • Built in 1972 | Remodeled in 2023

Lot Details

  • 0.41 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160800766163

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,968

Year Built

Built in 1972 | Remodeled in 2023

Lot Details

0

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, Upper 2
  • Expected On Market: 2023-11-17
  • Federal Flood Zone: No
  • Year Built: 1972
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Laminate Plank
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2851
  • Living Area Sq Ft: 1903
  • Price Per Sq Ft: 341.51
  • Above Grade Finished Sq Ft: 1903
  • Below Grade Sq Ft: 948
  • Total Below Grade Sq Ft: 948
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4201

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Composite
  • 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: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BELMONT
  • Middle School: ROSA M. PARKS
  • High School: SHERWOOD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17812.00
  • Year Assessed: 2023
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5968.00
  • Assessor Parcel Number: 160800766163
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 1903
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 01/26/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 26, 2024
Sold by
Bauer Angela L
Bought by
Wagner Michael and Wagner Heather
Seller's Agent
Jeffrey Vinson
Samson Properties
Buyer's Agent
Frances Castillo
RE/MAX Excellence Realty
List Price
$675,000
Sold Price
$649,900
Premium/Discount to List
-$25,100
-3.72%
Total Days on Market
35
Views
704
Current Estimated Value
$704,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,713
Avg. Annual Appreciation
6.12%
Original Mortgage
$519,920
Outstanding Balance
$513,243
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$191,370
Source: Public Records

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Range of Values:

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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
Wagner Michael $649,900 Westcor Land Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Michael $519,920
Previous Owner Bauer William G $79,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $649,900 0.0% $342 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $649,900 -3.7% $342 / Sq Ft
11/16/2023 11/16/23 For Sale $675,000 -- $355 / 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
2024 $6,320 $510,133 $0 $0
2023 $5,276 $481,567 $0 $0
2022 $4,715 $453,000 $271,100 $181,900
2021 $4,636 $453,000 $271,100 $181,900
2020 $4,636 $453,000 $271,100 $181,900
2019 $5,018 $459,700 $271,100 $188,600
2018 $4,854 $459,700 $271,100 $188,600
2017 $4,782 $459,700 $0 $0
2016 -- $463,600 $0 $0
2015 $3,810 $440,333 $0 $0
2014 $3,810 $417,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2112206

Bright MLS

APN: 08-00766163