NOT LISTED FOR SALE

4900 Continental Dr Olney, MD 20832

Olney Area

Estimated Value: $809,000 - $921,348

5 Beds
3 Baths
3,904 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2022

Last sale price $810,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,479 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Cashell Elementary School Rated A
  • 2 Car Direct Access Garage

About This Home

As of August 2022

Amazing brick front colonial in sought after Cherrywood! Light and bright and gleaming hardwoods throughout main level - enter in center hall foyer with a main level bedroom or office, large formal living room open to a bright and spacious dining room; gourmet kitchen with updated soft close cabinets, granite counters, large center island with table space breakfast area, mudroom attached to laundry room and large family room w/ wood burning fireplace open to large deck and manicured backyard. Upper level has 3 spacious secondary bedrooms, brand new carpet throughout and large primary bedroom w/ walk-in closet, large bathroom w/ secondary closet. Fully finished basement with large hang out space, guest bedroom/den/office, game area + massive storage/workshop area. Beautifully manicured and fully fenced backyard. 1 block away from Cashell ES, Cherrywood Park.

Last Agent to Sell the Property

David Wagner

(301) 652-0643 david@wagnerhomegroup.com RLAH @properties Brokerage Phone: 3017745900 License #639756 Listed on: 06/22/2022

RLAH @properties

Last Buyer's Agent

Tracy Onslow

(301) 774-5900 tracy@topmdhomes.com RE/MAX Realty Centre, Inc.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,227

Year Built

  • Built in 1987

Lot Details

  • 10,370 Sq Ft Lot
  • Property is zoned R200

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Heated Basement
  • Laundry on main level

Bedrooms and Bathrooms

Schools

  • Cashell Elementary School
  • Redland Middle School
  • Col. Zadok Magruder High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Cherrywood HOA
  • Cherrywood Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160801789067

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,227

Year Built

Built in 1987

Lot Details

10,370 Sq Ft Lot

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 6/23/2022 12:00:00 AM
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved
  • Laundry Type: Main Floor
  • Total Sq Ft: 4204
  • Living Area Sq Ft: 3904
  • Price Per Sq Ft: 293.78
  • Above Grade Finished Sq Ft: 2604
  • Above Grade Unfinished Sq Ft: 300
  • Below Grade Finished Sq Ft: 1300
  • Total Below Grade Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 89.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: CHERRYWOOD HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • 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: CASHELL
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: REDLAND

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10370.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6227.00
  • Assessor Parcel Number: 160801789067
  • Tax Lot: 8
  • 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
Jun 22, 2022
Closed on
Jul 20, 2022
Sold by
Derby Mark A
Bought by
Seller's Agent
David Wagner
RLAH @properties
Buyer's Agent
Tracy Onslow
RE/MAX Realty Centre, Inc.
List Price
$765,000
Sold Price
$810,000
Premium/Discount to List
$45,000
5.88%
Current Estimated Value
$867,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,587
Avg. Annual Appreciation
1.69%
Original Mortgage
$648,000
Outstanding Balance
$612,129
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$255,458

Purchase Details

Closed on
Dec 14, 2017
Sold by
Derby Mark A and Derby Joyce F
Bought by
Derby Joyce F and Derby Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Derby Mark A and Derby Joyce F
Bought by
Derby Mark A and Derby Joyce F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Deby Mark A and Derby Joyce F
Bought by
Derby Mark A and Derby Joyce F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2011
Sold by
Derby Mark A and Derby Joyce F
Bought by
Derby Mark A and Derby Joyce F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Derby Mark A
Bought by
Derby Mark A Tr

Purchase Details

Closed on
Jun 20, 1995
Sold by
Bishop Wallace B
Bought by
Derby Mark A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Olney, MD

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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
$810,000 Westcor Land Title
Derby Joyce F -- Courtesy Title & Escrow Corp
Derby Mark A -- Md Title Insurance Producer
Derby Mark A -- Md Title Insurance Producer
Derby Mark A -- None Available
Derby Mark A -- None Available
Derby Mark A -- None Available
Derby Mark A -- None Available
Derby Mark A Tr -- --
Derby Mark A $255,500 --
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 $648,000
Previous Owner Derby Mark A $440,000
Previous Owner Derby Joyce F $453,750
Previous Owner Derby Mark A $212,000
Previous Owner Derby Mark A $224,000
Previous Owner Derby Mark A $225,000
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
08/01/2022 08/01/22 Sold $810,000 +5.9% $207 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $765,000 -- $196 / 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 $8,496 $796,000 $263,000 $533,000
2024 $8,605 $708,600 $0 $0
2023 $6,885 $621,200 $0 $0
2022 $5,606 $533,800 $250,500 $283,300
2021 $5,535 $532,333 $0 $0
2020 $10,990 $530,867 $0 $0
2019 $5,463 $529,400 $250,500 $278,900
2018 $5,466 $529,400 $250,500 $278,900
2017 $5,757 $529,400 $0 $0
2016 $4,678 $534,600 $0 $0
2015 $4,678 $514,700 $0 $0
2014 $4,678 $494,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2056982

Bright MLS

APN: 08-01789067

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