NOT LISTED FOR SALE

4240 Headwaters Ln Olney, MD 20832

Olney Area

Estimated Value: $808,000 - $912,000

4 Beds
3.5 Baths
3,096 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2022

Last sale price $830,000 $268 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,430 / mo

3 Days on Market

Highlights

  • Panoramic View
  • Colonial Architecture
  • Vaulted Ceiling
  • Belmont Elementary School Rated A
  • Deck
  • Traditional Floor Plan

About This Home

As of April 2022

It's time to get very excited about becoming the new owner of this special home. Caringly updated from top to bottom. 3 Yr old Kitchen renovation w stainless high end GE appliances and a very cool Granite counter named "Leather". Oversized Kitchen eating area comfortably fits a large Bar Height table and chairs for everyday and entertaining use. The long counter top and cabinets that separate the Kitchen from Family room set up as a perfect buffet area when the party grows! Just around the corner in the Dining room that has been converted to cool custom Bar Room. Commercial grade Bar Fridge, Wine Cooler, and Ice Maker are ready to be stocked. The Bar back wall cleverly opens to reveal a hidden doorway into the Billiards Party room with vaulted ceilings and a wall of glass. The full size Pool Table and Bar Stools convey! As do 3 other Wall mounted Flat Screen TV's and surround systems! When the weather is nice you can bring the whole party out back! Covered Porch has Plexiglass panels and Screen panels. Adjacent Deck with built in seating. Large Fenced in Patio fits a large party tent if you want to go all out! A few steps up from the Deck you will find a cement pad and Fire Pit. There is also a sports court with Basketball hoop, and a very large nice shed for all your toys!
Upper level has two very nicely renovated full baths. Large walk in closet in the primary bedroom. Ceiling fans in all rooms. Lower level has a large Recreation room, Gym room, TV room with four recliner chairs included. A game room with built in shelving, large storage closet and third renovated full bath!
All this at the end of a cul-de-sac, walking distance to Down Town Olney restaurants and shopping!
Don't wait on this property. Premium location and amenities that you will not see again this spring, and may not see on the market for years!

Last Agent to Sell the Property

Steve Schuck

(301) 298-1001 SchuckGroup@lnf.com Compass License #86098 Listed on: 03/03/2022

Compass

Co-Listed By

Gregory Schuck

(240) 497-1700 schuckgroup@longandfoster.com Long & Foster Real Estate, Inc. License #75148

Last Buyer's Agent

Katie Kirby

(240) 497-1700 katie.kirby@lnf.com Long & Foster Real Estate, Inc. License #sp200205949

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 1985

Lot Details

  • 15,974 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Stone Retaining Walls
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $18 Monthly HOA Fees

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Poured Concrete
  • Architectural Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Home Security System
  • Exterior Cameras

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Sport Court
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Playground
  • Play Equipment
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • Association fees include common area maintenance
  • Olneyoaks.Org HOA
  • Olney Oaks Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160802404922

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,178

Year Built

Built in 1985

Lot Details

0.37 Acres

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Built in Dining Room Bar Table and Stools. Pool Table and Party room Bar Stools. All wall mounted TV's and Surround Systems. Enclosed Porch Furniture. Four Matching Recliner Chairs in Basement Rec Room. Bedroom set in Blue Bedroom. Desk in this room doe
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Wood, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Wine Storage
  • Window Features: Sliding
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Basement Finished Percent: 85.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3376
  • Living Area Sq Ft: 3096
  • Price Per Sq Ft: 354.17
  • Above Grade Finished Sq Ft: 2256
  • Below Grade Finished Sq Ft: 840
  • Below Grade Sq Ft: 280
  • Total Below Grade Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Play Area, Play Equipment, Sport Court, Stone Retaining Walls
  • Roof: Architectural Shingle, Fiberglass
  • Spa: No
  • View: Trees/Woods, Panoramic, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Available, Cable Tv Available
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable

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: OLNEYOAKS.ORG
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 250300.00
  • Land Assessed Value: 266000.00
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15974.00
  • Outdoor Living Structures: Porch(es), Screened, Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13885982
  • Tax Annual Amount: 6178.00
  • Assessor Parcel Number: 160802404922
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 13, 2022
Sold by
Bought by
Seller's Agent
Steve Schuck
Compass
Buyer's Agent
Katie Kirby
Long & Foster Real Estate, Inc.
List Price
$799,000
Sold Price
$830,000
Premium/Discount to List
$31,000
3.88%
Current Estimated Value
$870,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,672
Avg. Annual Appreciation
1.12%
Original Mortgage
$647,200
Interest Rate
0.0389%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$830,000 Rgs Title
-- None Available
-- None Available
$240,000 --
$245,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $647,200
Previous Owner $159,000
Previous Owner $1,700,000
Previous Owner $3,200,000
Previous Owner $1,200,000
Previous Owner $800,000
Previous Owner $300,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $830,000 +3.9% $268 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $799,000 -- $258 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,019 $795,900 $279,300 $516,600
2024 $8,603 $708,467 $0 $0
2023 $6,490 $621,033 $0 $0
2022 $5,604 $533,600 $266,000 $267,600
2020 $0 $522,067 $0 $0
2019 $5,319 $516,300 $266,000 $250,300
2018 $5,240 $508,933 $0 $0
2017 $5,292 $501,567 $0 $0
2016 -- $494,200 $0 $0
2015 $4,605 $485,467 $0 $0
2014 $4,605 $476,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2040156

Bright MLS

APN: 08-02404922

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