NOT LISTED FOR SALE

4221 Mount Olney Ln Olney, MD 20832

Estimated Value: $677,000 - $713,000

3 Beds
3.5 Baths
2,961 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $495,000 $167 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,186/month

41 Days on Market

Highlights

  • Deck
  • Property is near park
  • Traditional Floor Plan
  • Belmont Elementary School Rated A
  • Premium Lot
  • 3-minute walk to Olney Mill Neighborhood Park

About This Home

As of August 2016

Stunning brick rancher with great lot overlooking Olney Mill Park! Very nice condition inside and out. Updated kitchen,beautiful original hardwoods,direct vent fireplace,master bed w/full bath,walk in closet w/vanity. Laundry on main. Huge finished basement with 1 1/2 baths, bar, two large rec rooms+two bonus rooms! Huge deck,landscaped lot, new roof,garage,wide driveway,updated windows & HVAC.

Last Agent to Sell the Property

Joe Howerton

(301) 970-2447 joehowertonsales@gmail.com Taylor Properties License #655185 Listed on: 05/31/2016

Taylor Properties

Co-Listed By

Jim Brown

(877) 366-2213 vabrokers@lptrealty.com LPT Realty, LLC

Last Buyer's Agent

Lynda Bloom

(301) 681-0550 lyndabloom@gmail.com Weichert, REALTORS License #506513

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1972

Lot Details

  • 0.4 Acre Lot
  • Vinyl Fence
  • Back Yard Fenced
  • Landscaped
  • Premium Lot
  • Open Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned RE1

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near park

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160800744997

Community Details

Overview

  • Olney Mill Community
  • Olney Mill Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,609

Year Built

Built in 1972

Lot Details

0.4 Acres

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-06-02
  • Year Built: 1972
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Full, Improved, Daylight, Full, Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 3111
  • Living Area Sq Ft: 2961
  • Price Per Sq Ft: 294.75
  • Above Grade Finished Sq Ft: 1696
  • Below Grade Finished Sq Ft: 1265
  • Below Grade Sq Ft: 150
  • Total Below Grade Sq Ft: 1415
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Road Surface Type: Access - On Grade, Black Top
  • Roof: Shingle
  • 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
  • Parking Features: Garage, Paved Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground, Tennis Courts, Swimming Pool, Jog/Walk Path
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Fencing: Rear, Vinyl
  • Improvement Assessed Value: 143000.00
  • Land Assessed Value: 241400.00
  • Lot Features: Cleared, Backs - Parkland, Landscaping, Premium, Open
  • Lot Size Acres: 0.40
  • Lot Size Area: 17571
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17571.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13934114
  • Tax Annual Amount: 4609.16
  • Assessor Parcel Number: 160800744997
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Aug 31, 2016
Sold by
Gebicke Paul F and The June E Gebicke Restatement
Bought by
Olivera Humberto E and Katz Olivera Stacy G
Seller's Agent
Joe Howerton
Taylor Properties
Buyer's Agent
Lynda Bloom
Weichert, REALTORS
List Price
$514,900
Sold Price
$495,000
Premium/Discount to List
-$19,900
-3.86%
Current Estimated Value
$694,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,905
Avg. Annual Appreciation
3.62%
Original Mortgage
$396,000
Outstanding Balance
$316,310
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$378,595

Purchase Details

Closed on
Oct 31, 2006
Sold by
Gebicke June E
Bought by
Gebicke June E Trustee

Purchase Details

Closed on
Oct 26, 2006
Sold by
Gebicke June E
Bought by
Gebicke June E Trustee

Purchase Details

Closed on
Mar 11, 2002
Sold by
Cordes Robert L and Cordes G S
Bought by
Gebicke June E
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
Olivera Humberto E $495,000 None Available
Gebicke June E Trustee -- --
Gebicke June E Trustee -- --
Gebicke June E $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivera Humberto E $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $495,000 -1.0% $167 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
06/22/2016 06/22/16 Price Changed $499,900 -2.9% $169 / Sq Ft
05/31/2016 05/31/16 For Sale $514,900 -- $174 / Sq Ft
Source: Bright MLS

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 $6,797 $580,800 $253,400 $327,400
2024 $6,797 $545,633 $0 $0
2023 $5,672 $510,467 $0 $0
2022 $5,020 $475,300 $241,400 $233,900
2021 $4,909 $474,067 $0 $0
2020 $4,909 $472,833 $0 $0
2019 $4,878 $471,600 $241,400 $230,200
2018 $4,558 $442,533 $0 $0
2017 $4,321 $413,467 $0 $0
2016 -- $384,400 $0 $0
2015 $3,760 $384,400 $0 $0
2014 $3,760 $384,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002433057

Bright MLS

APN: 08-00744997

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