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Olney 20832
3712 MOUNT OLNEY LN
$585,000
● House - Off Market

3712 MOUNT OLNEY LN

OLNEY, MD 20832
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,378 Ft²
$2,896
Est. Monthly
$72
HOA / Fees
7.36%
Cap Rate

About This Property

! Taking back up contracts

3712 Mount Olney Lane in Olney, Maryland, nestled within the charming Olney Mill Community, presents a picturesque setting ideal for convenient living. This spacious brick rambler offers 4 bedrooms and 2.5 baths, featuring a deck that overlooks a tranquil walking trail and Olney Mill Park, providing a serene backdrop for outdoor enjoyment.

Upon entering, the home welcomes you with a kitchen has been thoughtfully updated, enhancing both functionality and style. A finished basement adds significant living space and includes a cozy fireplace, perfect for gatherings or relaxation. The basement also features a convenient walkout to a patio area, seamlessly connecting indoor and outdoor living.

Recent updates such as a new roof in 2019, along with newer HVAC and hot water heater, ensure comfort and peace of mind for years to come. The property boasts a beautifully treed yard, offering shade and privacy, making it an ideal retreat within the community.

With its "great bones" and potential for personalization, 3712 Mount Olney Lane presents a wonderful opportunity to make this house your own by adding finishing touches that suit your lifestyle and preferences. Whether enjoying the peaceful surroundings or taking advantage of nearby amenities, this home offers a perfect blend of comfort, convenience, and potential.   Sold AS IS.
Unit Size
1,378 Ft²
Days on Market
27 days
Land Size
0.29 acres
Price per sqft
$417
Property Type
House
Property Taxes
$459
HOA Dues
$72
Year Built
1972

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Last updated: 3 years ago (Bright MLS #MDMC2136724)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Sold
Jul 1, 2024 In contract -
In contract
Jun 27, 2024 Listed by Berkshire Hathaway HomeServices PenFed Realty $575,000
Listed by Berkshire Hathaway HomeServices PenFed Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 800
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,470
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLNEY MILL
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: OLNEY MILL

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701304

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HU41
  • Account Number: 00745343
  • District: 08
  • Parcel: 08-00745343
  • Block: 26
  • Lot: 33
  • Latitude: 39.1733
  • Longitude: -77.0731

    Address

  • Full Address: 3712 Mount Olney Ln
  • Address - House Number: 3712
  • Address - Street Name: Mount Olney
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Olney
  • Carrier Code: R003
  • 4-Digit Zip Code: 1120
  • Zip Code: 20832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,255

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 602,522
  • High Value: 688,876
  • Low Value: 516,167

    Market Valuation

  • Market Total Value: $497,600
  • Market Land Value: $240,100
  • Market Improvement Value: $257,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,333

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olney


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4603 Weston Place, OLNEY, MD, 20832

$3,495 /mo

  • 3 Beds
  • 3 Baths
  • 2,330 ft²
4603 Weston Place, OLNEY, MD, 20832 Listing by Jacob Edward Dowling


Frequently Asked Questions

When was property at 3712 Mt Olney Lane built and last sold?
The property at 3712 Mt Olney Lane was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3712 Mt Olney Lane is $0.
What are some comparable homes to 3712 Mt Olney Lane?
There are currently no comparable homes to 3712 Mt Olney Lane.