NOT LISTED FOR SALE

4803 Willow Stead Dr Olney, MD 20832

Estimated Value: $841,000 - $942,000

4 Beds
3.5 Baths
3,780 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $750,000 $198 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,675/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Olney Elementary School Rated A
  • Traditional Floor Plan
  • Attic

About This Home

As of July 2022

Welcome home to this Fantastic neo-traditional 4-bedroom 3.5 Bath Single Family located in the
Olney Springs community. This lovely home offers an open floorplan with over 3700 sqft of living space
with high ceilings on all levels. You will find beautiful hardwood floors covering the entire first floor
and upstairs hallway. The first floor contains a powder room, living room, formal dining
room with chair rail and picture moldings, kitchen with granite countertops and an oversized
breakfast bar that opens directly into a very cozy family room complete with a gas fireplace. The upper-
level features 4 spacious bedrooms and 2 full baths and includes a Primary Suite with a walk-in
closet and a large Primary Bathroom complete with double sinks, and a large shower that features dual
shower heads with a separate toilet room. If you enjoy entertaining, you will certainly love spending
time in this home's finished basement featuring a spacious recreation room, full bathroom, and a
bonus room with plenty of storage. You will also enjoy spending time on the amazing front porch. You
will find many other high-end features throughout the entire house. The Gourmet/Chef kitchen upgraded
with butler pantry, double full sized wall ovens, powerful exhaust fan over the stove in lieu of
microwave for heavy cooking, extended cabinets in cherry wood with all pull out drawers for easy
storage. In addition, there is a uniquely designed, semi-circle counter space that is prefect for preparing
a meal of any size, and a large separate eat-in area adjacent to the kitchen. Other high end features
include the extra wide floor moldings, upgraded doors and accessories, recess lights in the
kitchen, family room, bedrooms, bonus room and the basement. Another unique feature in this
house is the connected high ceiling 2-car garage with remote door opener in the back with a private
road. To top it off, this home is ideally located only moments away from shopping, restaurants, and
the ICC. This is one you won't want to miss!

Last Agent to Sell the Property

Lisa Sabelhaus

RE/MAX Town Center License #RS-0037772 Listed on: 06/02/2022

RE/MAX Town Center

Co-Listed By

Joe Sabelhaus

RE/MAX Town Center License #589073

Last Buyer's Agent

Matthew Doerpinghaus

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,540

Year Built

  • Built in 2013

Lot Details

  • 3,880 Sq Ft Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

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

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop<<rangeHoodToken>>
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Basement with some natural light

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160803712351

Community Details

Overview

  • Association fees include common area maintenance, trash, snow removal
  • Olney Springs HOA
  • Olney Springs Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Playground
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,540

Year Built

Built in 2013

Lot Details

0

HOA Fees

$100 per month

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
  • Expected On Market: 2022-06-02
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this Fantastic neo-traditional 4-bedroom 3.5 Bath Single Family located in the Olney Springs community. This lovely home offers an open floorplan with over 3700 sqft of living space with high ceilings on all levels. You will find beautiful hardwood floors covering the entire first floor and upstairs hallway. The first floor contains a powder room, living room, formal dining room with chair rail and picture moldings, kitchen with granite countertops and an oversized breakfast bar that opens directly into a very cozy family room complete with a gas fireplace. The upper- level features 4 spacious bedrooms and 2 full baths and includes a Primary Suite with a walk-in closet and a large Primary Bathroom complete with double sinks, and a large shower that features dual shower heads with a separate toilet room. If you enjoy entertaining, you will certainly love spending time in this home's finished basement featuring a spacious recreation room, full bathroom, and a bonus room with plenty of storage. You will also enjoy spending time on the amazing front porch. You will find many other high-end features throughout the entire house. The Gourmet/Chef kitchen upgraded with butler pantry, double full sized wall ovens, powerful exhaust fan over the stove in lieu of microwave for heavy cooking, extended cabinets in cherry wood with all pull out drawers for easy storage. In addition, there is a uniquely designed, semi-circle counter space that is prefect for preparing a meal of any size, and a large separate eat-in area adjacent to the kitchen. Other high end features include the extra wide floor moldings, upgraded doors and accessories, recess lights in the kitchen, family room, bedrooms, bonus room and the basement. Another unique feature in this house is the connected high ceiling 2-car garage with remote door opener in the back with a private road. To top it off, this home is ideally located only moments away from shopping, restaurants, and the ICC. This is one you won't want to miss!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Carpet, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Laundry, Recreation Room, Storage Room, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4050
  • Living Area Sq Ft: 3780
  • Price Per Sq Ft: 277.77
  • Above Grade Finished Sq Ft: 2700
  • Below Grade Finished Sq Ft: 1080
  • Below Grade Sq Ft: 270
  • Total Below Grade Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4803

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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • 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 - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, On Street

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: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Dog Park, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Snow Removal
  • HOA Name: OLNEY SPRINGS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: OLNEY
  • 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: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 435200.00
  • Land Assessed Value: 216500.00
  • Land Use Code: R
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3880.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14118845
  • Tax Annual Amount: 7540.00
  • Assessor Parcel Number: 160803712351
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 3780
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 28, 2022
Sold by
Manchiu Leung Raymond
Bought by
Saway Kelsey Christine and Saway Rick Steven
Seller's Agent
Lisa Sabelhaus
RE/MAX Town Center
Buyer's Agent
Matthew Doerpinghaus
Long & Foster Real Estate, Inc.
List Price
$789,500
Sold Price
$750,000
Premium/Discount to List
-$39,500
-5%
Current Estimated Value
$878,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,130
Avg. Annual Appreciation
5.00%
Original Mortgage
$600,000
Outstanding Balance
$578,200
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$287,077

Purchase Details

Closed on
Apr 25, 2020
Sold by
Leung Raymond Manchiu and Leung Chi Kwan
Bought by
Leung Raymond Manchiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Nvr Inc
Bought by
Leung Raymond Manchiu and Leung Chi Kwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,540
Interest Rate
4.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2013
Sold by
Bowie Mill Road Llc
Bought by
Nvr Inc

Purchase Details

Closed on
Aug 1, 2013
Sold by
Bowie Mill Road Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Saway Kelsey Christine $750,000 None Listed On Document
Leung Raymond Manchiu -- None Available
Leung Raymond Manchiu $586,225 Stewart Title Guaranty Co
Nvr Inc $300,000 None Available
Nvr Inc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saway Kelsey Christine $600,000
Previous Owner Leung Raymond Manchiu $484,000
Previous Owner Leung Raymond Manchiu $482,000
Previous Owner Leung Raymond Manchiu $410,000
Previous Owner Leung Raymond Manchiu $111,000
Previous Owner Leung Raymond Manchiu $110,540
Previous Owner Leung Raymond Manchiu $417,000
Previous Owner Bowie Mill Road Llc $7,775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $750,000 0.0% $198 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $749,990 -5.0% $198 / Sq Ft
06/02/2022 06/02/22 For Sale $789,500 -- $209 / 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 $8,545 $703,433 $0 $0
2023 $8,918 $677,567 $0 $0
2022 $6,907 $651,700 $216,500 $435,200
2021 $6,848 $651,367 $0 $0
2020 $6,821 $651,033 $0 $0
2019 $6,801 $650,700 $216,500 $434,200
2018 $6,609 $632,933 $0 $0
2017 $6,479 $615,167 $0 $0
2016 -- $597,400 $0 $0
2015 -- $594,733 $0 $0
2014 -- $592,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2051050

Bright MLS

APN: 08-03712351