NOT LISTED FOR SALE

4217 Mount Olney Ln Olney, MD 20832

Estimated Value: $679,080 - $740,000

3 Beds
2.5 Baths
2,235 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $625,000 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,201/month

2 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Belmont Elementary School Rated A
  • Rambler Architecture
  • 3-minute walk to Olney Mill Neighborhood Park

About This Home

As of October 2021

Beautifully Updated Rambler Backing to Charline Manor Park! Hardwoods throughout the main level. Updated kitchen with Viking Range! Open concept on the main level features granite countertop breakfast bar, hardwoods, and gas fireplace. Walkout lower level features a family room with a slider to the rear yard, bathroom, and huge unfinished storage area. The high elevation of this home and the rear yard backing to the park allow for fantastic views and certain privacy that is hard to find anywhere else in Olney Mill. If you're looking for a special home, you've found it!

Last Agent to Sell the Property

Adam Virkus

(240) 672-2205 adamvirkus@gmail.com RE/MAX Realty Centre, Inc. Listed on: 09/09/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Lisa Sabelhaus

(240) 388-7113 lisa@sabelhausteam.com RE/MAX Town Center License #RS-0037772

RE/MAX Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1972

Lot Details

  • 0.4 Acre Lot
  • Property is zoned RE1

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Gourmet Kitchen
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Parking

  • 5 Parking Spaces
  • 4 Driveway Spaces
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160800744986

Community Details

Overview

  • Olney Mill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,012

Year Built

Built in 1972

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-09-10
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Kitchen - Gourmet, Wood Floors
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Storage Room, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level, Windows, Rear Entrance
  • Total Sq Ft: 2924
  • Living Area Sq Ft: 2235
  • Price Per Sq Ft: 404.27
  • Above Grade Finished Sq Ft: 1546
  • Below Grade Finished Sq Ft: 689
  • Below Grade Sq Ft: 689
  • Total Below Grade Sq Ft: 1378
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 187900.00
  • Land Assessed Value: 240500.00
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17212.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13934113
  • Tax Annual Amount: 5012.00
  • Assessor Parcel Number: 160800744986
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 13, 2021
Sold by
Straughan Kathleen and Straughan Jason
Bought by
Marin Alexandra C and Nurse Nathan P
Seller's Agent
Adam Virkus
RE/MAX Realty Centre, Inc.
Buyer's Agent
Lisa Sabelhaus
RE/MAX Town Center
List Price
$610,000
Sold Price
$625,000
Premium/Discount to List
$15,000
2.46%
Current Estimated Value
$702,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,020
Avg. Annual Appreciation
2.75%
Original Mortgage
$562,500
Outstanding Balance
$512,948
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,072

Purchase Details

Listed on
Jul 31, 2014
Closed on
Sep 2, 2014
Sold by
The Grace Downey Riggs Revocable Trust and Riggs Grace Indian
Bought by
Straughan Kathleen and Straughan Jason
Seller's Agent
Merry Sloane
RE/MAX Realty Centre, Inc.
Buyer's Agent
Nathan Baker
Berkshire Hathaway HomeServices PenFed Realty
List Price
$432,500
Sold Price
$425,000
Premium/Discount to List
-$7,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Riggs Grace D
Bought by
Riggs Grace D Tr

Purchase Details

Closed on
Mar 6, 1995
Sold by
Risler Roger E
Bought by
Riggs Grace D
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
Marin Alexandra C $625,000 Capitol Title Group
Straughan Kathleen $425,000 None Available
Riggs Grace D Tr -- --
Riggs Grace D $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Alexandra C $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $625,000 0.0% $280 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $625,000 +2.5% $280 / Sq Ft
09/09/2021 09/09/21 For Sale $610,000 +43.5% $273 / Sq Ft
09/02/2014 09/02/14 Sold $425,000 -1.7% $190 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $432,500 -- $194 / 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 $6,596 $586,900 $252,400 $334,500
2024 $6,596 $534,067 $0 $0
2023 $5,157 $481,233 $0 $0
2022 $4,443 $428,400 $240,500 $187,900
2021 $8,760 $427,533 $0 $0
2020 $8,642 $426,667 $0 $0
2019 $4,321 $425,800 $240,500 $185,300
2018 $4,116 $407,267 $0 $0
2017 $4,433 $388,733 $0 $0
2016 -- $370,200 $0 $0
2015 $4,303 $370,200 $0 $0
2014 $4,303 $370,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2013548

Bright MLS

APN: 08-00744986