NOT LISTED FOR SALE

7 Gainford Ct Olney, MD 20832

Estimated Value: $702,000 - $784,000

3 Beds
2.5 Baths
1,880 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $515,000 $274 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,494/month

166 Days on Market

Highlights

  • Lake Privileges
  • Colonial Architecture
  • Deck
  • Brooke Grove Elementary School Rated A
  • Community Lake
  • Premium Lot

About This Home

As of January 2016

Immaculate single family home situated on a premium lot, backing to woods, walking path & Lake Hallowell.The HOA named this home one of the finest in the community in 2014. Tastefully renovated w/ superior materials both inside & out. Updated gourmet kitchen, master bath & hardwood flrs. Recently replaced HVAC. Installed auto whole house back-up gen. in 2013 & many more improvements worth $50K.

Last Agent to Sell the Property

William Trimble

(301) 540-1330 mpenny@weichertrealtors.net Weichert, REALTORS License #583089 Listed on: 05/08/2015

Weichert, REALTORS

Co-Listed By

Mrs. Marlene Trimble

(301) 540-1330 mpenny@weichertrealtors.net Weichert, REALTORS License #587980

Last Buyer's Agent

Jane Heasty

nurturey@verizon.net Exit Landmark Realty License #MRIS:3060388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1991

Lot Details

  • 6,172 Sq Ft Lot
  • Premium Lot
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Low Emissivity Windows
  • Mud Room
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry
  • Rough-In Basement Bathroom

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio

Schools

  • Brooke Grove Elementary School
  • William H. Farquhar Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 160802825993

Community Details

Overview

  • Association fees include common area maintenance, pool(s), reserve funds, trash
  • Lake Hallowell Community
  • Lake Hallowell Subdivision
  • The community has rules related to alterations or architectural changes, commercial vehicles not allowed, parking rules
  • Community Lake

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,577

Year Built

Built in 1991

Lot Details

6,172 Sq Ft Lot

HOA Fees

$65 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2015-05-09
  • Year Built: 1991
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island, Combination Kitchen/Living, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Floor Plan - Traditional
  • Window Features: Low-E
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Unfinished, Rough Bath Plumb
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Concrete, Vinyl Siding, Brick
  • Exterior Features: Bump-Outs
  • Pool Private: No
  • Road Surface Type: Black Top
  • Roof: Composite
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Lake, Pool - Outdoor, Swimming Pool, Tennis Courts, Water/Lake Privileges, Community Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Commercial Vehicles Prohibited, Fencing, Parking, Pets - Allowed, Restrictions
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: BROOKE GROVE
  • High School: SHERWOOD
  • Middle Or Junior School: WILLIAM H. FARQUHAR

Lot Info

  • Improvement Assessed Value: 188200.00
  • Land Assessed Value: 237100.00
  • Lot Features: Premium, Trees/Wooded
  • Lot Size Acres: 0.14
  • Lot Size Area: 6172
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6172.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887873
  • Tax Annual Amount: 4577.19
  • Assessor Parcel Number: 160802825993
  • Tax Lot: 71
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Jan 5, 2016
Sold by
Kuntz Rosemary C
Bought by
Dinowitz Chelsea and Dinowitz Mitchell
Seller's Agent
William Trimble
Weichert, REALTORS
Buyer's Agent
Jane Heasty
Exit Landmark Realty
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,000
Avg. Annual Appreciation
3.56%
Original Mortgage
$505,672
Outstanding Balance
$399,385
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$336,615

Purchase Details

Closed on
May 22, 1991
Bought by
Kuntz Rosemary C
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
Dinowitz Chelsea $515,000 Foote Title Group
Kuntz Rosemary C $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinowitz Chelsea $505,672
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2016 01/05/16 Sold $515,000 -1.9% $274 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $525,000 -- $279 / 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 $6,687 $583,833 -- --
2024 $6,687 $541,967 $0 $0
2023 $4,373 $500,100 $237,100 $263,000
2022 $5,188 $495,900 $0 $0
2021 $5,017 $491,700 $0 $0
2020 $5,017 $487,500 $237,100 $250,400
2019 $4,773 $466,767 $0 $0
2018 $4,545 $446,033 $0 $0
2017 $4,402 $425,300 $0 $0
2016 -- $410,767 $0 $0
2015 $4,819 $396,233 $0 $0
2014 $4,819 $381,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002332141

Bright MLS

APN: 08-02825993

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