$736,000
SOLD APR 16, 2025

5 Gelding Ct Olney, MD 20832

4 Beds
3 Baths
2,464 Sq Ft
0.28 Acres

Recently Sold

$299 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Solar Power System
  • No HOA
  • Porch
  • Olney Elementary School Rated A
  • Upgraded Countertops
  • 1-minute walk to Olney Square Neighborhood Park

About This Home

As of April 2025

Welcome to 5 Gelding Court — a home where sustainability and modern comfort coexist harmoniously. Lovingly cared for by its owners, this property shines with thoughtful updates and eco-friendly features. At its heart is the geothermal renewable energy heat pump system, which make this home environmentally conscious, comfortable, and extremely energy-efficient.The beautifully remodeled kitchen and living room are designed for modern living, boasting a stunning open-concept layout with raised ceilings, elegant cabinetry, granite countertops, and durable wood plank flooring. These inviting spaces are perfect for gathering and entertaining.Throughout the home, new owners will appreciate the extensive updates. All bathrooms have been tastefully renovated over the years, including the master bathroom refresh just two years ago. All carpet is brand new. The finished basement, completed within the past five years, provides versatile additional living space to suit any need. Recent exterior improvements—including a new roof, driveway, front porch, and walk-way—add to the home's curb appeal and welcoming charm. The cozy, private cul-de-sac adds to the allure of this beautiful home. It is also within .1 mile of two playgrounds, two basketball courts, and tennis courts!This property is a true reflection of the owners' dedication to creating a space that is both beautiful and sustainable. Ready to begin its next chapter, this exceptional home is waiting to welcome you.

Last Agent to Sell the Property

Andy Rubin

RE/MAX Realty Centre, Inc. License #653678 Listed on: 03/13/2025

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Susan McFarland

RE/MAX Realty Group License #310632

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R200

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Living Room

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior Basement Entry

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by solar connected to the grid

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160800766298

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2025-03-13
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 5 Gelding Court — a home where sustainability and modern comfort coexist harmoniously. Lovingly cared for by its owners, this property shines with thoughtful updates and eco-friendly features. At its heart is the geothermal renewable energy heat pump system, which make this home environmentally conscious, comfortable, and extremely energy-efficient. The beautifully remodeled kitchen and living room are designed for modern living, boasting a stunning open-concept layout with raised ceilings, elegant cabinetry, granite countertops, and durable wood plank flooring. These inviting spaces are perfect for gathering and entertaining. Throughout the home, new owners will appreciate the extensive updates. All bathrooms have been tastefully renovated over the years, including the master bathroom refresh just two years ago. All carpet is brand new. The finished basement, completed within the past five years, provides versatile additional living space to suit any need. Recent exterior improvements—including a new roof, driveway, front porch, and walk-way—add to the home's curb appeal and welcoming charm. The cozy, private cul-de-sac adds to the allure of this beautiful home. It is also within .1 mile of two playgrounds, two basketball courts, and tennis courts! This property is a true reflection of the owners' dedication to creating a space that is both beautiful and sustainable. Ready to begin its next chapter, this exceptional home is waiting to welcome you.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Microwave, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer, Humidifier
  • Interior Amenities: Ceiling Fan(s), Window Treatments, Upgraded Countertops
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 4
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access
  • Total Sq Ft: 3108
  • Living Area Sq Ft: 2464
  • Price Per Sq Ft: 369.14
  • Above Grade Finished Sq Ft: 1964
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 644
  • Total Below Grade Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Carport
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Geothermal, Solar Photovoltaic
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Geo-Thermal
  • Heating Type: Heat Pump(s), Solar On Grid
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12138.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: R200
  • In City Limits: No

Green Features

  • Green Remarks: Geothermal and Solar

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6195.00
  • Assessor Parcel Number: 160800766298
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1964
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/16/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Apr 16, 2025
Sold by
Gratz Richard A and Bennett Ellen S
Bought by
Bartczak Gustavo D and Bartczak Elisabeth A
Seller's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
Buyer's Agent
Susan McFarland
RE/MAX Realty Group
List Price
$725,000
Sold Price
$736,000
Premium/Discount to List
$11,000
1.52%
Views
496
Current Estimated Value
$732,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,563
Avg. Annual Appreciation
-1.21%
Original Mortgage
$552,000
Outstanding Balance
$550,038
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$182,399

Purchase Details

Closed on
May 2, 2003
Sold by
Knubbe Mary Ann Revocable Trust
Bought by
Bennett Ellen S and Gratz Richard A

Purchase Details

Closed on
Nov 5, 2001
Sold by
Knubbe Richard A and Knubbe A B
Bought by
Knubbe Mary Ann Revocable Trust
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Deed $736,000 Main Street Settlements
Deed $736,000 Main Street Settlements
Deed $335,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 New Conventional
Closed $552,000 New Conventional
Previous Owner $349,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $236,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $736,000 +1.5% $299 / Sq Ft
03/13/2025 03/13/25 For Sale $725,000 -- $294 / 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 $6,195 $533,700 $268,200 $265,500
2024 $6,195 $499,300 $0 $0
2023 $5,084 $464,900 $0 $0
2022 $3,470 $430,500 $255,400 $175,100
2021 $4,413 $430,500 $255,400 $175,100
2020 $4,388 $430,500 $255,400 $175,100
2019 $4,442 $436,800 $255,400 $181,400
2018 $4,424 $435,100 $0 $0
2017 $4,574 $433,400 $0 $0
2016 -- $431,700 $0 $0
2015 $3,788 $418,400 $0 $0
2014 $3,788 $405,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2168622

Bright MLS

APN: 08-00766298